Next Generation Sequencing Market Size And Share

  • Report Code : TIPHE100000820
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Next Generation Sequencing (NGS) Market Size, Share, and Growth 2024-2031

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Next Generation Sequencing (NGS) Market Report Next Generation Sequencing (NGS) Market Scope and Analysis Next Generation Sequencing (NGS) Market Size and Share

Next Generation Sequencing (NGS) Market: Size and Share

Next Generation Sequencing (NGS) Market

  • CAGR (2023 - 2031)
    16.8%
  • Market Size 2023
    US$ 10.00 Billion
  • Market Size 2031
    US$ 34.75 Billion

Market Dynamics

GROWTH DRIVERS
  • Advancements in Next-Generation Sequencing (NGS) to Favor Market
  • Strategic Developments By Companies
FUTURE TRENDS
  • New Guidance Launched by WHO On The Use Of Targeted Next-Generation Sequencing
OPPORTUNITIES
  • Increased Throughput and Reduced Costs

Market Segmentation

Product
  • Platforms
  • Services
  • Consumables
Technology
  • Genome Sequencing
  • Exome Sequencing
  • Resequencing & Targeted Sequencing
Application
  • Diagnostics
  • Drug Discovery
  • Precision Medicine
End User
  • Academic & Research Institutes
  • Pharmaceutical & Biotechnology Companies
  • Hospitals & Clinics

Next Generation Sequencing (NGS) Market Players Density: Understanding Its Impact on Business Dynamics

The Next Generation Sequencing (NGS) Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Next Generation Sequencing (NGS) Market are:

  1. Illumina, Inc.
  2. Thermo Fisher Scientific, Inc.
  3. Qiagen N.V.
  4. Beijing Genomics Institute
  5. Perkinelmer, Inc.
  6. F. Hoffmann-La Roche AG

Disclaimer: The companies listed above are not ranked in any particular order.


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