Next Generation Sequencing Market is Expected to Grow with High Probability Business Opportunity by 2030


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Uploaded on Nov 1, 2021

The rise in technological advancements, especially nanopore sequencing in NGS and rise in the need to improve diagnostic procedures and ensure quality treatment is propelling the development is propelling the development of next generation sequencing market.

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Next Generation Sequencing Market is Expected to Grow with High Probability Business Opportunity by 2030

Next Generation Sequencing Market To Witness the Highest Growth Globally in Coming Years 2020-2030 Next Generation Sequencing Market by Product (Consumables, Platforms, Services and Nerve Blockers), Application (Diagnostics, Biomarkers and Cancer, Reproductive Health, Personalized Medicine, Agriculture and Animal Research, and Other Applications), Technology (Sequencing by Synthesis, Ion Semiconductor Sequencing, Sequencing by Ligation, Pyrosequencing, Single Molecule Real Time Sequencing, and Other Technologies), and End User (Academic and Research Centers, Pharmaceutical and Biotechnology Companies, Hospitals and Clinics, and Other End Users): Global Opportunity Analysis and Industry Forecast, 2021–2030 Why Allied Market Research? FREQUENTLY ASKED QUESTIONS? INFALLIBLE METHODOLOGY To ensure high-level data integrity, accurate analysis, and impeccable forecasts Q1. What is the total market value of next ANALYST SUPPORT generation sequence market report ? For complete satisfaction Q2. What would be forecast period in the market report? CUSTOMIZATION On-demand customization of scope of the report to exactly meet Q3. What is the market value of next your needs generation sequence market in 2030? TARGETED MARKET VIEW Q4. Which is base year calculated in the Targeted market view to provide pertinent information and save next generation sequence market report? time of readers Q5. Does the next generation sequence market company is profiled in the report? Overview The global next generation sequencing market size was valued at $6,598.62 million in 2020, and is projected to reach $35,503.66 million by 2030, registering a CAGR of 18.2% from 2021 to 2030. The impact of COVID-19 pandemic is expected to remain positive for the next generation sequencing industry. As Next-generation sequencing (NGS) diagnostic technology has the potential advantage of determining the genetic sequence of a virus and helping scientists understand the mutation of the virus. Segments In terms of revenue, the global Multiplex Assay Market is segmented on the basis of Product Type, Application, Technology, End User and region. By Product – Consumable segment was the highest contributor to the market, in 2020, and is estimated to grow at a CAGR of 17.7% during the forecast period. The consumable segment held the largest share in 2020 and is anticipated to maintain its dominance during the forecast period. This large share is attributed to the fact that they are widely used throughout the sample preparation process and other pre- requisite steps of NGS. By Technology – The next generation sequencing technology market is classified into sequencing by synthesis, ion semiconductor sequencing, sequencing by ligation, pyrosequencing, single molecule real time sequencing, and other technologies. Geography North America dominated the Next Generation Sequencing Market. The market growth in North America is primarily a reflection of product innovations and launches resulting from technological advancements. The companies mostly adopted product launch, acquisition, and expansion as their key strategies to keep pace with the changing demands of consumers and strengthen their market position. Key Market Players The key players operating in the global HIV Drugs Market are • Agilent Technologies, Inc • BGI Group • F. Hoffmann-La Roche AG • Illumina Inc • Precigen Inc., (Intrexon Bioinformatics Germany GmbH) • Pacific Biosciences of California, Inc • PerkinElmer, Inc. • PierianDx Inc. • Qiagen N.V. • Thermo Fisher Scientific Inc. • An in-depth market analysis includes analysis of various regions, which is anticipated to provide a detailed understanding of the current trends to enable stakeholders formulate region-specific plans. Key Findings of the • A comprehensive analysis of factors that drive and restrain Next Generation the growth of the global is provided. Sequencing Market: • The projections in this report are made by analyzing the current trends and future market potential from 2021 to 2030, in terms of value. Find out more at the Allied Market Report store https://www.alliedmarketresearch.com/next-generation-sequencing-market