Next-Generation Sequencing Market is Expected to Reach USD 15.04 billion with 20.43% by the End of 2023

Competitive Insights
The major market players in global next-generation sequencing market are Beijing Genomics Institute, Pacific Biosciences, Knome Inc., F Hoffmann-La Roche, Thermo Fisher Scientific, GATC Biotech AG., Oxford Nanopore Technologies Inc., Biomatters Ltd., Agilent Technologies Inc., DNAStar Inc., Helicos BioSciences, CLC Bio (Qiagen), Macrogen Inc., and Illumina Inc.

The latest report Next Generation Sequencing (NGS) Market For Healthcare Market is an informative study covering the detailed analysis of the present market condition which includes of historic and effective market future data trend published by Crystal Market Research

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Market Trend Outlook-
In 2014, the global Next-Generation Sequencing Market was evaluated around USD 2.82 billion and is expected to reach approximately USD 15.04 billion by 2023 while registering itself at a compound annual growth rate (CAGR) of 20.43% over the forecast period. Expansion of more rapid and efficient genomic sequencing methodologies is projected to fuel the NGS platforms adoption further and consequently regulating industrial expansion. Rising automation within the pre-sequencing protocols is projected to boost progress in the global industry in the approaching years. Use of innovative platforms for the growth of custom-made medicine by clinical analysis at a genetic stage is a major factor that is likely to improve NGS demand during the forecast years. An escalating amount of R&D projects in the areas of transcriptomics, metabolomics, and proteomics are anticipated to fuel the technology demand as well. Genomics and proteomics function with and on a massive array of structural data that demands to be accumulated and classified through subsequent integrated data analysis and sequence determination. The introduction of novel services and products by well-known market giants is anticipated to boost the growth during the forecast years.

Market Segmentation-
By Application
Oncology
Clinical Investigation
Idiopathic Diseases
Inherited Diseases
Infectious Diseases
Non-Communicable / Other Diseases
Reproductive Health
NIPT
PGT
Newborn/Genetic Screening
HLA Typing/Immune System Monitoring
Metagenomics, Epidemiology & Drug Development
Agrigenomics & Forensics
Consumer Genomics

By Technology
Targeted Sequencing Analysis
DNA Based Targeted Sequencing Analysis
RNA Based Targeted Sequencing Analysis
Whole Genome Sequencing
Whole Exome Sequencing

By Work flow
Pre-sequencing
NGS Library Preparation Kits
NGS Semi-Automated Library Preparation
NGS Automated Library Preparation
Clonal Amplification
Sequencing
Data Analysis
Primary Data Analysis
Secondary Data Analysis
Tertiary Data Analysis

By End User
Academic Research
Clinical Research
Hospitals & Clinics
Pharma & Biotech Entities
Other Users

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By Region-
Middle East And Africa (Saudi Arabia, UAE, Egypt, Nigeria And South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest Of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest Of Asia-Pacific)
Rest Of The World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)

Regional Insights
In 2015, North American regional NGS market reported for the leading share. This huge share can be reported for the existence of an improved technological medical framework, rising adoption of declining in the price of sequencing for each base pair, and elevated R&D funding for proteomic and genomic sequence determination for research of biomarkers. Also, most of the respondents for clinical & academic use are situated in the UK, U.S., and Germany due to the existence of numerous universities that present courses for molecular biology in the region thus affecting the expansion of NGS industry in European and North American regional market. Asia Pacific region is anticipated to grow at the leading rate with a compound annual growth rate of around 18% over the forecast years due to escalating investment for escalating healthcare awareness levels of the regional population, development of healthcare, and escalating residual and per capita income levels.

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Major Table of Contents:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research

Chapter 2. Executive Summary
2.1. Key Highlights

Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Next Generation Sequencing (NGS) Market, By Application
5. Next Generation Sequencing (NGS) Market, By Technology
6. Next Generation Sequencing (NGS) Market, By Work-flow
7. Next Generation Sequencing (NGS) Market, By End User
...CONTINUED FOR TOC

Application Outlook and Trend Analysis
Application-wise NGS technology has profitable approaches in preimplantation and prenatal genetic screening, developmental oncology, HLA typing/immune system monitoring, epidemiology & drug development, metagenomics, agrigenomics & forensics, clinical investigation, and consumer genomics. Oncology is expected to demonstrate profitable growth in the approaching years owing to the speedily developing of sequencing capabilities that facilitate directed sequence determination of an amount of cancer genes that allow oncologists to acquire genetic data exist in few of the less available dense gene clusters concerning cancer tumors and cells.

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