Global Next-Generation Sequencing (NGS) Services Market Growth (Status and Outlook) 2023-2029
Next Generation Sequencing (NGS) is a high-throughput method for rapid sequencing of base pairs of DNA or RNA samples.
LPI (LP Information)' newest research report, the “Next-Generation Sequencing (NGS) Services Industry Forecast” looks at past sales and reviews total world Next-Generation Sequencing (NGS) Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Next-Generation Sequencing (NGS) Services sales for 2023 through 2029. With Next-Generation Sequencing (NGS) Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Next-Generation Sequencing (NGS) Services industry.
This Insight Report provides a comprehensive analysis of the global Next-Generation Sequencing (NGS) Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Next-Generation Sequencing (NGS) Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Next-Generation Sequencing (NGS) Services market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Next-Generation Sequencing (NGS) Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Next-Generation Sequencing (NGS) Services.
The global Next-Generation Sequencing (NGS) Services market size is projected to grow from US$ 3609.9 million in 2022 to US$ 10190 million in 2029; it is expected to grow at a CAGR of 16.0% from 2023 to 2029.
The classification of Next-Generation Sequencing (NGS) Services includes Targeted Sequencing, Whole Exome Sequencing and Whole Genome Sequencing, and the proportion of Targeted Sequencing in 2019 is about 55%.
Next-Generation Sequencing (NGS) Services is widely used in Hospitals and Clinics, Biopharma Companies, Academic & Research Organizations and Other. The most proportion of Next-Generation Sequencing (NGS) Services is Hospitals and Clinics, and the proportion in 2019 is about 56%.
North America is the largest consumption place, with a consumption market share nearly 37% in 2019. Following North America, Europe is the second largest consumption place with the consumption market share of about 32%.
Eurofins Scientific, Natera, BGI, Illumina, etc. are the leaders of the industry.
This report presents a comprehensive overview, market shares, and growth opportunities of Next-Generation Sequencing (NGS) Services market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Targeted Sequencing
Whole Exome Sequencing
Whole Genome Sequencing
Segmentation by application
Hospitals and Clinics
Biopharma Companies
Academic & Research Organizations
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Eurofins Scientific
Natera
BGI
Illumina
Roche
LabCorp
Berry Genomics
Brooks Life Sciences
Macrogen
Personalis
Novogene
Genotypic Technology
Dna Link
Please note: The report will take approximately 2 business days to prepare and deliver.
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