Next Generation Sequencing Market Report 2023-2033

Next Generation Sequencing Market Report 2023-2033



The Next Generation Sequencing Market Report 2023-2033: This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Decreasing Cost, Speed and Efficiency and High Throughput Driving Market Growth

One of the primary drivers of NGS technology is the continuous reduction in sequencing costs. Over the years, the cost of sequencing has dramatically decreased, making it more accessible and affordable for researchers and clinicians. This cost reduction has enabled large-scale sequencing projects and made personalized genomics and precision medicine initiatives more feasible. NGS technology offers rapid turnaround times compared to traditional sequencing methods. It can generate billions of DNA fragments in parallel, allowing for faster data generation. The speed and efficiency of NGS have enabled real-time sequencing and the timely analysis of genomic information in clinical settings, aiding in the diagnosis of genetic disorders and informing treatment decisions. In addition, NGS technology allows for high-throughput sequencing, meaning it can process a large volume of DNA or RNA samples simultaneously. High-throughput sequencing has facilitated large-scale population studies, cancer genomics, and microbiome research, among other applications. The aforementioned factors are driving the next generation sequencing market growth.

Lack of Skilled Professional to Hamper Industry Growth

NGS technology requires specialized skills and expertise in sample preparation, library construction, data analysis, and interpretation. The lack of access to training programs and limited availability of qualified personnel proficient in NGS can hinder the widespread adoption and utilization of the technology. NGS technology requires a combination of expertise in molecular biology, genetics, bioinformatics, and data analysis. Finding professionals who possess the necessary interdisciplinary knowledge and skills can be challenging, as traditional training programs may not provide comprehensive education in all these areas.

What Questions Should You Ask before Buying a Market Research Report?

How is the next generation sequencing market evolving?

What is driving and restraining the next generation sequencing market?

How will each next generation sequencing submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2033?

How will the market shares for each next generation sequencing submarket develop from 2023 to 2033?

What will be the main driver for the overall market from 2023 to 2033?

Will leading next generation sequencing markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?

How will the market shares of the national markets change by 2033 and which geographical region will lead the market in 2033?

Who are the leading players and what are their prospects over the forecast period?

What are the next generation sequencing projects for these leading companies?

How will the industry evolve during the period between 2023 and 2033? What are the implications of

next generation sequencing projects taking place now and over the next 10 years?

Is there a greater need for product commercialisation to further scale the next generation sequencing manufacturing market?

Where is the next generation sequencing market heading and how can you ensure you are at the forefront of the market?

What are the best investment options for new product and service lines?

What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the next generation sequencing market today, and over the next 10 years:

Our 24-page report provides 102 tables and 139 charts/graphs exclusively to you.

The report highlights key lucrative areas in the industry so you can target them – NOW.

It contains in-depth analysis of global, regional and national sales and growth.

It highlights for you the key successful trends, changes and revenue projections made by your competitors.

This report tells you TODAY how the next generation sequencing market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Forecasts to 2033 and other analyses reveal commercial prospects

In addition to revenue forecasting to 2033, our new study provides you with recent results, growth rates, and market shares.

You will find original analyses, with business outlooks and developments.

Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges) and recent developments.

This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.

Segments Covered in the Report

Type Outlook

Consumables

Bioinformatics

Sequencing Services

Pre-sequencing Services

Instruments

Workflow

Library Preparation

Sequencing

Data Analysis

Application

Oncology

Reproductive Health

Genetic and Rare Diseases

Consumer Genomics

Agrigenomics & Forensics

Others

End-use

Hospitals and Clinics

Academic and Research Institutes

Pharmaceutical and Biotech Companies

Others

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 24 leading national markets:

North America

U.S.

Canada

Europe

Germany

UK

France

Spain

Italy

Russia

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South Korea

Singapore

Rest of Asia Pacific

Latin America

Brazil

Mexico

Argentina

Colombia

Rest of Latin America

MEA

GCC

South Africa

Rest of MEA

The report also includes profiles and for some of the leading companies in the Next Generation Sequencing Market, 2023 to 2033, with a focus on this segment of these companies’ operations.

Leading companies and the potential for market growth

Agilent Technologies, Inc.

Bio-Rad Laboratories, Inc.

Eurofins Scientific

F. Hoffman-La Roche Ltd

Illumina, Inc.

PerkinElmer Inc.

QIAGEN

Thermo Fisher Scientific Inc.

Overall world revenue for Next Generation Sequencing Market, 2023 to 2033 in terms of value the market will surpass US$10,626 million in 2023, our work calculates. We predict strong revenue growth through to 2033. Our work identifies which organizations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Next Generation Sequencing Market, 2023 to 2033 report help you?

In summary, our 240+ page report provides you with the following knowledge:

Revenue forecasts to 2033 for Next Generation Sequencing Market, 2023 to 2033 Market, with forecasts for type, workflow, application, and end-user, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.

Revenue forecasts to 2033 for five regional and 24 key national markets – See forecasts for the Next Generation Sequencing Market, 2023 to 2033 market in North America, Europe, Asia-Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Argentina, Colombia, Germany, France, UK, Italy, China, India, Japan, Singapore, South Korea, GCC Countries, South Africa, and Australia among other prominent economies.

Prospects for established firms and those seeking to enter the market – including company profiles for 8 of the major companies involved in the Next Generation Sequencing Market, 2023 to 2033.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

Information found nowhere else

With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Our study is for everybody needing commercial analyses for the Next Generation Sequencing Market, 2023 to 2033, market-leading companies. You will find data, trends and predictions.

Please Note: Prior to initiating fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher..

The publisher is using a password system to access single user and team licenses. Single user (non-printable) and team licenses expire after 12 month period. In the case of team license purchases, the publisher requires all email addresses for the licensed users prior to fulfilment.


1 Report Overview
1.1 Objectives of the Study
1.2 Introduction to Next Generation Sequencing Market
1.3 What This Report Delivers
1.4 Why You Should Read This Report
1.5 Key Questions Answered by This Analytical Report
1.6 Who is This Report for?
1.7 Methodology
1.7.1 Market Definitions
1.7.2 Market Evaluation & Forecasting Methodology
1.7.3 Data Validation
1.7.3.1 Primary Research
1.7.3.2 Secondary Research
1.8 Frequently Asked Questions (FAQs)
1.9 Associated Reports
1.10 About
2 Executive Summary
3 Market Overview
3.1 Key Findings
3.2 Market Dynamics
3.2.1 Market Driving Factors
3.2.1.1 Rapid Technological Advancements is Boosting the NGS Market to Grow
3.2.1.2 Research and Clinical Collaborations is Likely to Augment the NGS market
3.2.1.3 Growing Disease Variation and Prevalence is Contributing to the Growing NGS Technology Demand
3.2.2 Market Restraining Factors
3.2.2.1 Lack of Skilled Professionals is Hampering the Market Growth
3.2.2.2 Pricing Pressure Becomes one of the Main Obstacles to the Expansion of the Global Next Generation Sequencing
3.2.3 Market Opportunities
3.2.3.1 Personalized Medicine and Precision Oncology Creates a Huge Opportunity for the Market to Grow
3.2.3.2 The adoption of NGS in Biomarker Discovery and Drug Development as NGS have Accelerated the Development of Targeted Therapies
3.3 COVID-19 Impact Analysis
3.4 Porter’s Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Competitive Rivalry
3.4.4 Threat from Substitutes
3.4.5 Threat of New Entrants
3.5 PEST Analysis
4 Next Generation Sequencing Market Analysis by Type
4.1 Key Findings
4.2 Type Segment: Market Attractiveness Index
4.3 Next Generation Sequencing Market Size Estimation and Forecast by Type
4.4 Consumables
4.4.1 Market Size by Region, 2023-2033 (US$ Million)
4.4.2 Market Share by Region, 2023 & 2033 (%)
4.5 Bioinformatics
4.5.1 Market Size by Region, 2023-2033 (US$ Million)
4.5.2 Market Share by Region, 2023 & 2033 (%)
4.6 Sequencing Services
4.6.1 Market Size by Region, 2023-2033 (US$ Million)
4.6.2 Market Share by Region, 2023 & 2033 (%)
4.7 Pre-sequencing Services
4.7.1 Market Size by Region, 2023-2033 (US$ Million)
4.7.2 Market Share by Region, 2023 & 2033 (%)
4.8 Instruments
4.8.1 Market Size by Region, 2023-2033 (US$ Million)
4.8.2 Market Share by Region, 2023 & 2033 (%)
5 Next Generation Sequencing Market Analysis by Workflow
5.1 Key Findings
5.2 Workflow Segment: Market Attractiveness Index
5.3 Next Generation Sequencing Market Size Estimation and Forecast by Workflow
5.4 Library preparation
5.4.1 Market Size by Region, 2023-2033 (US$ Million)
5.4.2 Market Share by Region, 2023 & 2033 (%)
5.5 Sequencing
5.5.1 Market Size by Region, 2023-2033 (US$ Million)
5.5.2 Market Share by Region, 2023 & 2033 (%)
5.6 Data Analysis
5.6.1 Market Size by Region, 2023-2033 (US$ Million)
5.6.2 Market Share by Region, 2023 & 2033 (%)
6 Next Generation Sequencing Market Analysis by Application
6.1 Key Findings
6.2 Application Segment: Market Attractiveness Index
6.3 Next Generation Sequencing Market Size Estimation and Forecast by Application
6.4 Oncology
6.4.1 Market Size by Region, 2023-2033 (US$ Million)
6.4.2 Market Share by Region, 2023 & 2033 (%)
6.5 Reproductive Health
6.5.1 Market Size by Region, 2023-2033 (US$ Million)
6.5.2 Market Share by Region, 2023 & 2033 (%)
6.6 Genetic and Rare Diseases
6.6.1 Market Size by Region, 2023-2033 (US$ Million)
6.6.2 Market Share by Region, 2023 & 2033 (%)
6.7 Consumer Genomics
6.7.1 Market Size by Region, 2023-2033 (US$ Million)
6.7.2 Market Share by Region, 2023 & 2033 (%)
6.8 Agrigenomics & Forensics
6.8.1 Market Size by Region, 2023-2033 (US$ Million)
6.8.2 Market Share by Region, 2023 & 2033 (%)
6.9 Others
6.9.1 Market Size by Region, 2023-2033 (US$ Million)
6.9.2 Market Share by Region, 2023 & 2033 (%)
7 Next Generation Sequencing Market Analysis by End-use
7.1 Key Findings
7.2 End-use Segment: Market Attractiveness Index
7.3 Next Generation Sequencing Market Size Estimation and Forecast by End-use
7.4 Hospitals and Clinics
7.4.1 Market Size by Region, 2023-2033 (US$ Million)
7.4.2 Market Share by Region, 2023 & 2033 (%)
7.5 Academic and Research Institutes
7.5.1 Market Size by Region, 2023-2033 (US$ Million)
7.5.2 Market Share by Region, 2023 & 2033 (%)
7.6 Pharmaceutical and Biotech Companies
7.6.1 Market Size by Region, 2023-2033 (US$ Million)
7.6.2 Market Share by Region, 2023 & 2033 (%)
7.7 Others
7.7.1 Market Size by Region, 2023-2033 (US$ Million)
7.7.2 Market Share by Region, 2023 & 2033 (%)
8 Next Generation Sequencing Market Analysis by Region
8.1 Key Findings
8.2 Regional Market Size Estimation and Forecast
9 North America Next Generation Sequencing Market Analysis
9.1 Key Findings
9.2 North America Next Generation Sequencing Market Attractiveness Index
9.3 North America Next Generation Sequencing Market by Country, 2023, 2028 & 2033 (US$ Million)
9.4 North America Next Generation Sequencing Market Size Estimation and Forecast by Country
9.5 North America Next Generation Sequencing Market Size Estimation and Forecast by Type
9.6 North America Next Generation Sequencing Market Size Estimation and Forecast by Workflow
9.7 North America Next Generation Sequencing Market Size Estimation and Forecast by Application
9.8 North America Next Generation Sequencing Market Size Estimation and Forecast by End-use
9.9 U.S. Next Generation Sequencing Market Analysis
9.10 Canada Next Generation Sequencing Market Analysis
10 Europe Next Generation Sequencing Market Analysis
10.1 Key Findings
10.2 Europe Next Generation Sequencing Market Attractiveness Index
10.3 Europe Next Generation Sequencing Market by Country, 2023, 2028 & 2033 (US$ Million)
10.4 Europe Next Generation Sequencing Market Size Estimation and Forecast by Country
10.5 Europe Next Generation Sequencing Market Size Estimation and Forecast by Type
10.6 Europe Next Generation Sequencing Market Size Estimation and Forecast by Workflow
10.7 Europe Next Generation Sequencing Market Size Estimation and Forecast by Application
10.8 Europe Next Generation Sequencing Market Size Estimation and Forecast by End-use
10.9 Germany Next Generation Sequencing Market Analysis
10.10 France Next Generation Sequencing Market Analysis
10.11 U.K. Next Generation Sequencing Market Analysis
10.12 Italy Next Generation Sequencing Market Analysis
10.13 Spain Next Generation Sequencing Market Analysis
10.14 Russia Next Generation Sequencing Market Analysis
10.15 Rest of Europe Next Generation Sequencing Market Analysis
11 Asia Pacific Next Generation Sequencing Market Analysis
11.1 Key Findings
11.2 Asia Pacific Next Generation Sequencing Market Attractiveness Index
11.3 Asia Pacific Next Generation Sequencing Market by Country, 2023, 2028 & 2033 (US$ Million)
11.4 Asia Pacific Next Generation Sequencing Market Size Estimation and Forecast by Country
11.5 Asia Pacific Next Generation Sequencing Market Size Estimation and Forecast by Type
11.6 Asia Pacific Next Generation Sequencing Market Size Estimation and Forecast by Workflow
11.7 Asia Pacific Next Generation Sequencing Market Size Estimation and Forecast by Application
11.8 Asia Pacific Next Generation Sequencing Market Size Estimation and Forecast by End-use
11.9 Japan Next Generation Sequencing Market Analysis
11.10 China Next Generation Sequencing Market Analysis
11.11 India Next Generation Sequencing Market Analysis
11.12 Australia Next Generation Sequencing Market Analysis
11.13 South Korea Next Generation Sequencing Market Analysis
11.14 Singapore Next Generation Sequencing Market Analysis
11.15 Rest of Asia Pacific Next Generation Sequencing Market Analysis
12 Latin America Next Generation Sequencing Market Analysis
12.1 Key Findings
12.2 Latin America Next Generation Sequencing Market Attractiveness Index
12.3 Latin America Next Generation Sequencing Market by Country, 2023, 2028 & 2033 (US$ Million)
12.4 Latin America Next Generation Sequencing Market Size Estimation and Forecast by Country
12.5 Latin America Next Generation Sequencing Market Size Estimation and Forecast by Country
12.6 Latin America Next Generation Sequencing Market Size Estimation and Forecast by Type
12.7 Latin America Next Generation Sequencing Market Size Estimation and Forecast by Workflow
12.8 Latin America Next Generation Sequencing Market Size Estimation and Forecast by Application
12.9 Latin America Next Generation Sequencing Market Size Estimation and Forecast by End-use
12.10 Brazil Next Generation Sequencing Market Analysis
12.11 Mexico Next Generation Sequencing Market Analysis
12.12 Argentina Next Generation Sequencing Market Analysis
12.13 Colombia Next Generation Sequencing Market Analysis
12.14 Rest of Latin America Next Generation Sequencing Market Analysis
13 MEA Next Generation Sequencing Market Analysis
13.1 Key Findings
13.2 MEA Next Generation Sequencing Market Attractiveness Index
13.3 MEA Next Generation Sequencing Market by Country, 2023, 2028 & 2033 (US$ Million)
13.4 MEA Next Generation Sequencing Market Size Estimation and Forecast by Country
13.5 MEA Next Generation Sequencing Market Size Estimation and Forecast by Type
13.6 MEA Next Generation Sequencing Market Size Estimation and Forecast by Workflow
13.7 MEA Next Generation Sequencing Market Size Estimation and Forecast by Application
13.8 MEA Next Generation Sequencing Market Size Estimation and Forecast by End-use
13.9 GCC Countries Next Generation Sequencing Market Analysis
13.10 South Africa Countries Next Generation Sequencing Market Analysis
13.11 Rest of MEA Next Generation Sequencing Market Analysis
14 Company Profiles
14.1 Competitive Landscape, 2022
14.2 Strategic Outlook
14.3 Illumina, Inc.
14.3.1 Company Snapshot
14.3.2 Company Overview
14.3.3 Financial Analysis
14.3.3.1 Net Revenue, 2018-2022
14.3.3.2 R&D, 2018-2022
14.3.3.3 Regional Market Shares, 2022
14.3.4 Product Benchmarking
14.3.5 Strategic Outlook
14.4 F. Hoffmann-La Roche Ltd
14.4.1 Company Snapshot
14.4.2 Company Overview
14.4.3 Financial Analysis
14.4.3.1 Net Revenue, 2018-2022
14.4.3.2 R&D, 2018-2022
14.4.4 Product Benchmarking
14.4.5 Strategic Outlook
14.5 QIAGEN
14.5.1 Company Snapshot
14.5.2 Company Overview
14.5.3 Financial Analysis
14.5.3.1 Net Revenue, 2018-2022
14.5.3.2 R&D, 2018-2022
14.5.3.3 Regional Market Shares, 2021
14.5.4 Product Benchmarking
14.5.5 Strategic Outlook
14.6 Thermo Fisher Scientific Inc.
14.6.1 Company Snapshot
14.6.2 Company Overview
14.6.3 Financial Analysis
14.6.3.1 Net Revenue, 2018-2022
14.6.3.2 R&D, 2018-2022
14.6.3.3 Regional Market Shares, 2022
14.6.4 Product Benchmarking
14.6.5 Strategic Outlook
14.7 Bio-Rad Laboratories, Inc.
14.7.1 Company Snapshot
14.7.2 Company Overview
14.7.3 Financial Analysis
14.7.3.1 Net Revenue, 2018-2022
14.7.3.2 R&D, 2018-2022
14.7.3.3 Regional Market Shares, 2022
14.7.4 Product Benchmarking
14.7.5 Strategic Outlook
14.8 PerkinElmer Inc.
14.8.1 Company Snapshot
14.8.2 Company Overview
14.8.3 Product Benchmarking
14.8.4 Strategic Outlook
14.9 Eurofins Scientific
14.9.1 Company Snapshot
14.9.2 Company Overview
14.9.3 Financial Analysis
14.9.3.1 Net Revenue, 2018-2022
14.9.4 Product Benchmarking
14.9.5 Strategic Outlook
14.10 Agilent Technologies, Inc.
14.10.1 Company Snapshot
14.10.2 Company Overview
14.10.3 Financial Analysis
14.10.3.1 Net Revenue, 2018-2022
14.10.4 Product Benchmarking
14.10.5 Strategic Outlook
15 Conclusion and Recommendations
15.1 Concluding Remarks from
15.2 Recommendations for Market Players

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