NGS Services Market (By Service Type: Human Genome Sequencing, Single Cell Sequencing, Microbial Genome-based Sequencing, Gene Regulation Services [Small RNA Sequencing, ChIP Sequencing, Other Gene Regulation-based Services], Animal & Plant Sequencing, Other Sequencing Services; By Workflow: Pre-sequencing, Sequencing, Data Analysis; By End-use : Universities & Other Research Entities, Hospitals & Clinics, Pharma & Biotech Entities, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : ICT | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global NGS services market size is anticipated to around USD 3.0 billion by 2026, this market is anticipated to grow with 14.1% CAGR during the forecast time period. The market is driven by increase in demand for better sequencing products drive the need for better NGS services.Growth of NGS technologies has transformed gene sequencing in terms of reproducibility and cost savings. This has resulted in introduction of numerous progressions in NGS technology to encourage its usage in hospitals and clinical labs. Most current novelties in this field revolve around simplifying usage of seq-technology and making it classier. These parameters have boost the uptake of NGS services across numerous end users.

Market Dynamics

Rising need for robust sequencing-based diagnostics has resulted in the beginning of new seq-technologies, ranging from high-throughput sequencers to portable units. This has stimulated the trend of clinical NGS in over the coming years. Such as, in March 2018, ARUP Laboratories and IDbyDNA, Inc. launched Explify Respiratory, an NGS test for respiratory infections, to assist physicians in screening patients with pneumonia and other respiratory illnesses.

Market Insights

Traditional disease testing service producers have widened their portfolio with an increasing trend of seq-based genetic tests. For instance, ARUP Laboratories integrated with the Children’s Hospital of Philadelphia (CHOP) in October 2014. The service provision for NGS-based HLA genotyping, comprise of HLA Class I, and HLA Class II and began in November 2017.
With increasing trend of high throughput sequencing within the biotech and pharma industry, there is a demand for more growths to advance the speed and convenience of high throughput seq-platforms and simplify workflows. As a result, businesses are concentrating on growth of solutions to simplify the purification and amplification of sample and starting input.

Market Segmentation

Market By Service Type

  • Human Genome Sequencing
  • Single Cell Sequencing
  • Microbial Genome-based Sequencing
  • Gene Regulation Services
    • Small RNA Sequencing
    • ChIP Sequencing
    • Other Gene Regulation-based Services
  • Animal & Plant Sequencing
  • Other Sequencing Services

Market By Workflow

  • Pre-sequencing
  • Sequencing
  • Data Analysis

Market By End-use

  • Universities & Other Research Entities
  • Hospitals & Clinics
  • Pharma & Biotech Entities
  • Others

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Regional Insights

North America captures the largest share due to factors for instance, well-established informatics network, effective regulatory guidelines relating to usage and approval of genetic tests, and occurrence of market leaders in the region. Also, rising numeral of FDA-approved genomic tests in U.S. is expected to boost the regional market during the forthcoming years.
The APAC industry is estimated to serve as an opportunity source of revenue through 2026. Rising attention of government bodies regarding maintenance of public health and consequential funds in growth of progressive diagnostic methods is expected to drive the uptake of seq-services in the region.

Market Participants

Market companies are concentrating on implementing new strategies for instance regional expansion, partnerships, mergers and acquisitions, new product launches, and distribution agreements to surge their revenue share. The major players associated with the NGS Services market are GENEWIZ Germany GmbH, Illumina, Inc., Novogene Corporation, abm Inc., Veritas Genetics, Quest Diagnostics, Gene by Gene, ARUP Laboratories, BGI, and Lucigen..


Related Reports

WebRTC Market (By Platform Provider: Browser, Mobile, Unified Communication; By Solution: Data Sharing, Video, Voice; By Application: BFSI, E-commerce, Education, Healthcare, IT, Media & Entertainment, Telecom, Others (Energy and Transportation)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Web ongoing correspondence (WebRTC) is an online open source application supporting program to program continuous correspondence. It is an open source application programming interface (API) begun by the World Wide Web Consortium (W3C). WebRTC is perfect with HTML, TCP/IP, and HTTP conventions and utilizations different codecs for a smooth exchange of voice, video, an

Crime Risk Report Market (By Type: Financial & Cybercrime, Property, Personal, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction There are numerous advantages to companies in crime risk reports. For example, the report provides a structured approach to risk management, a better understanding of the context of illegal activity, facilitates decision-making and helps to produce reproducible outcomes. Furthermore, the reports help to identify, assess, analyze and mitigate risks, which ultimately con

Modular Robotics Market (By Product: Residential, Industrial, Automotive, Electronics, Commercial, Rubber & Plastics, Food & Beverages, Pharmaceutical, Metals & Machinery, Others; By Component: Hardware, Software, Services; By Robot Type: Cobots, Articulated Robots, SCARA, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The Module Robotics consists of modular magnetic block construction kits which can be mounted to make small robots that are automatically powered. The report suggests that the increasing application of modular robots throughout several vertical industries is expected to increase the demand for modular robots between 2019 and 2026, in order to reduce production costs an

Optical Satellite Communication Market (By Component: Transmitter, Receiver, Modulator, Demodulator; By Application: Backhaul, Earth Observation, Enterprise Connectivity, Last Mile Access, Research and Space Exploration, Surveillance and Security, Telecommunication, Tracking and Monitoring) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Optical satellite communication is otherwise called Free-space optical communication (FSO) that utilizes an optical communication innovation which utilizes light proliferating in free space to remotely transmit information for telecommunication or PC organizing. "Free space" indicates vacuum, space, air, or anything comparative. This stands out from utilizing solids,

Storage Area Network (SAN) Solutions Market (By Component: Software, Hardware, Services [Consulting, System Integration, Support, Maintenance], By Technology: Fiber Channel (FC), Fiber Channel Over Ethernet (FCoE), InfiniBand, iSCSI Protocol; By End Use Industry: BFSI, Retail and E-commerce, IT and Telecommunication, Energy and Utility, Government Offices, Education, Aerospace and Defense, Healthcare, Manufacturing, Others (Transportation and Logistics)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The report provides analysis of global Storage area network (SAN) solutions market for the period 2016-2026, wherein 2019 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global storage area network (SAN) solutions market is expected to grow at noteworthy CAGR around 4.5 % throughout the f

Cart Summary