Next-Generation Sequencing (NGS) Services Market Global Industry Size, Share, Demand, Growth Analysis and Forecast By 2029

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Being a comprehensive in nature, Next-Generation Sequencing (NGS) Services market research report gives better insights about different market segments on which businesses are highly depending for thriving in the market. All the information, statistics and data included in this report has been collected from the truthful sources such as websites, newspapers, journals, white papers, mergers, and annual reports of the companies. This report also offers such wide-ranging market information to explore practical growth strategies and recommendations. This information is again tested and verified by the market experts before providing it to the end user.

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Data Bridge Market Research analyses that the next-generation sequencing (NGS) services market is expected to undergo a CAGR of 22.00% during the forecast period. This indicates that the market value, which was USD 6,588.68 million in 2021, would rocket up to USD 32,335.31 million by 2029. “Whole-genome Sequencing” dominates the type segment of the next-generation sequencing (NGS) services market owing to increasing number of hospitals and research laboratories in the developing regions and numerous initiatives undertaken by universities, academic and research institutions and research establishments for utilizing this technology in identifying root cause of diseases. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
 
 
Market Definition
 
Next-generation sequencing is a technology that is aggressively being employed by the hospitals and clinics for analysis, testing, and diseases diagnostics. Next-generation sequencing is used in the drug development processes using a wide array of methods.
 
Next-Generation Sequencing (NGS) Services Market Dynamics
 
Drivers
 
  • Rising awareness about sequencing
Surging awareness about the benefits of next generation sequencing is one of the major factors fostering the growth of the market. Some benefits of next generation sequencing technology are low cost and pricing of sequencing technology, high accuracy, high speed and quicker results and precision in the results. 
 
  • Research and development proficiencies
Rising expenditure for research and development proficiencies especially in the developed and developing economies pertaining to the medical instruments and devices will further create lucrative market growth opportunities. Research and development proficiencies being conducted for the integration of advanced technologies in the healthcare facilities and on the detection of infectious diseases is also bolstering the market growth rate.
 
Some of the major players operating in the next-generation sequencing (NGS) services market are Medtronic (Ireland), Ethicon US, LLC. (U.S.), Thermo Fisher Scientific Inc. (U.S.), Novo Nordisk A/S (Denmark), BD (U.S.), Stryker (U.S.), Boston Scientific Corporation (U.S.), Luminex Corporation (US), Eurofins Scientific SE (Luxembourg), PerkinElmer, Inc. (U.S.), QIAGEN (Germany), Macrogen Inc. (South Korea), GENEWIZ, Inc. (U.S.), Illumina, Inc. (U.S.), Novogene Corporation (China), Abcam plc (UK), Merck KGaA (Germany), Promega Corporation (US), Siemens (Germany), and GATC Biotech AG (Germany) among others.
 
Browse Full Report Along With Facts and Figures @ https://www.databridgemarketresearch.com/reports/global-ngs-services-market
 
Table of Content:
 
Chapter 1: Next-Generation Sequencing (NGS) Services Market Overview
 
Chapter 1.1: Study Assumptions
 
Chapter 1.2: Scope of the Study
 
Chapter 2: Next-Generation Sequencing (NGS) Services Market Economic Impact
 
Chapter 2.1: Analysis Methodology
 
Chapter 2.2: Research Phases
 
Chapter 3: Competition by Manufacturers
 
Chapter 3.1: Current Market Scenario
 
Chapter 3.2: Value Chain/Supply Chain Analysis
 
Chapter 3.3: Government Regulations and Initiatives
 
Chapter 4: Production, Revenue (Value) by Region
 
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
 
Chapter 5.1: Market Drivers
 
Chapter 5.2: Market Restraints/Challenges
 
Chapter 5.3: Market Opportunities
 
Chapter 6: Production, Revenue (Value), Price Trend by Type
 
Chapter 7: Market Analysis by Application
 
Chapter 8: Market by Manufacturing Cost Analysis
 
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
 
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
 
Chapter 11: Market Geographic Analyses
 
Chapter 12: Next-Generation Sequencing (NGS) Services Market Effect Factors Analysis
 
Chapter 13: Next-Generation Sequencing (NGS) Services Market Forecast
 
Chapter 14: Future of the Market
 
Chapter 15: Appendix
 
 
Related reports:
 
About Data Bridge Market Research:
 
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
 
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies globally and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
 
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