NGS Sample Preparation Market Size, Share, Forecast Report 2021-2030
The global NGS Sample Preparation market gathered revenue around USD 760.1million in 2020 and market is set to grow USD 5.1 Billion by the end of 2030. The global NGS Sample Preparation market is estimated to expand at a modest CAGR of 16% during the prediction period 2021 to 2030. Next-generation sequencing (NGS) has revolutionized genomic research. The NGS technology has steadily improved with declining costs, and the number and range of sequencing applications increasing exponentially. In terms of product type, the global NGS sample preparation market has been classified into instruments, and kits, reagents, and consumables. Based on application, the global market has been categorized into drug and biomarker discovery, diagnostics, precision medicine, and others (agriculture and animal research). The drug and biomarker discovery segment accounted for a major share of the global NGS sample preparation market in 2020. The segment is anticipated to expand at a high CAGR during the forecast period, owing to rise in the demand for NGS sample preparation across the world.
In terms of on end user, the global NGS sample preparation market has been split into hospitals & clinical diagnostic centers, biotechnology & pharmaceutical companies, academic & research institutes, and others (CROs, CMOs, etc.). The academic & research institutes segment held a significant share of the global NGS sample preparation market in 2020.
According to latest research report published by Nova One Advisor, on the global NGS sample preparation market for the historical period 2019–2020 and forecast period 2021–2030, rapid expansion of the life sciences industry is projected to drive the global NGS sample preparation market
NGS sample preparation enables the extraction of genetic information from samples at lower cost, with more reliability and at a faster pace than ever before. The steps included in the NGS are extraction of DNA, amplify, prepare library, purification or selection, and quality control.
This research report purposes at stressing the most lucrative growth prospects.The aim of the research report is to provide an inclusive valuation of the NGS Sample Preparation market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global NGS Sample Preparation market reportaids in comprehendingmarket structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-downimpact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilaracross various industry verticals. The research reportofferspresent short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lastingtactics for recovery and by region.
NGS Sample Preparation market report empower readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplish sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share.Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Significant Market Participants Operational in the NGS Sample Preparation Market are:
the global NGS sample preparation market include QIAGEN, Thermo Fisher Scientific, Inc., Merck KGaA (Merck Millipore), Hoffmann-La Roche Ltd., Agilent Technologies, Promega Corporation, Illumina, Inc., Integrated DNA Technologies, Inc. (Danaher Corporation), New England Biolabs, and Tecan Trading AG.
Unravelling the Critical Segments
This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects includingproduct type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2030 and covers subsequent region in its scope:
Global NGS Sample Preparation Market- Segmentation
NGS Sample Preparation Market, by Product
- Kits, Reagents, and Consumables
NGS Sample Preparation Market, by Application
- Drug & Biomarker Discovery
- Precision Medicine
- Others (Agriculture and Animal Research)
NGS Sample Preparation Market, by End User
- Hospitals & Clinical Diagnostic Centers
- Biotechnology & Pharmaceutical Companies
- Academic & Research Institutes
- Others (CROs, CMOs etc.)
By Regional Outlook
- United States
- United Kingdom
- Rest of EU
- Southeast Asia
- Rest of APAC
Central & South America
- Rest of Central & South America
Middle East and Africa
- North Africa
- South Africa