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Next Generation Sequencing Market Trend, Application, Sales and Forecast 2025

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<strong>Next</strong> <strong>Generation</strong> <strong>Sequencing</strong> <strong>Market</strong> <strong>Trend</strong>, <strong>Application</strong>, <strong>Sales</strong> <strong>and</strong><br />

<strong>Forecast</strong> <strong>2025</strong><br />

“The Global <strong>Next</strong> <strong>Generation</strong> <strong>Sequencing</strong> <strong>Market</strong> is anticipated to reach USD 21.4<br />

billion by <strong>2025</strong>. The <strong>Market</strong> Research Report provides in-depth industry overview<br />

of Methodology, Opportunities, Scope, <strong>Market</strong> Variables, <strong>Trend</strong>s & Strategy<br />

Framework.”<br />

The Global <strong>Next</strong> <strong>Generation</strong> <strong>Sequencing</strong> <strong>Market</strong> is anticipated to reach USD 21.4 billion by <strong>2025</strong>. NGS market is<br />

expected to show a tremendous growth on account of its wide applications in the treatment of cancer. NGS is the<br />

process of identifying accurate order of nucleotides within a RNA or a DNA molecule. Advancement of NGS has<br />

helped biological <strong>and</strong> medical discovery <strong>and</strong> research. It has helped in various applied fields, which includes<br />

biotechnology, forensic research, virology <strong>and</strong> medical diagnosis. NGS has made possible sequencing of DNA of<br />

various species including the human genome.<br />

Introduction of advanced genetic sequencing <strong>and</strong> development of advance techniques for whole genomes are the<br />

major drivers contributing to the overall market growth. Increasing incidences of cancer <strong>and</strong> infectious diseases<br />

coupled with aging population is expected to fuel the dem<strong>and</strong> for these technologies.<br />

Further, the overall cost of genome sequencing is expected to reduce drastically on account of rapid development<br />

through research <strong>and</strong> innovation. High capacity genome sequencing has been contributing significantly towards the<br />

market growth.<br />

NGS has wide applications in the field of exome <strong>and</strong> genome sequencing. They are widely used in the treatment of<br />

infectious disease <strong>and</strong> cancer. NGS has shown a key presence in pathogen analysis, which has been helpful in the<br />

treatment of infectious diseases. The need for effective diagnosis for cancer <strong>and</strong> high growing usage of<br />

combinational biomarkers are other factors contributing to the growth of the market in recent years. NGS has been<br />

mostly a topic of research <strong>and</strong> development in the previous decade.<br />

Request Sample Copy of this <strong>Market</strong> Research @ https://www.millioninsights.com/industryreports/next-generation-sequencing-ngs-market/request-sample


At present, they find applications in the field of oncology, prenatal testing, HLA testing, idiopathic diseases, <strong>and</strong><br />

medical research. Research <strong>and</strong> development in the field of HLA <strong>and</strong> prenatal testing have provided new avenues<br />

to doctors in gaining insights during organ matching <strong>and</strong> organ rejection.<br />

The development in the treatment of genetic anomalies <strong>and</strong> diseases with the help of prenatal genome sequencing<br />

has been driving the NGS market. This technology has also helped the pharmaceutical companies in developing<br />

essential drugs for the treatment of cancer <strong>and</strong> infectious diseases. Growing concerns <strong>and</strong> increasing incidences of<br />

cancer is expected to be the major driving factor for the development of NGS.<br />

NGS in the field of organ transplant provides great opportunities over the forecast period. It is important that the<br />

characteristics of both the donors <strong>and</strong> the acceptors match for a successful transplant. NGS helps in studying the<br />

immune response to the transplanted organ. Medical tourism development in countries including the U.S, Israel,<br />

Singapore <strong>and</strong> Australia provide bright prospects for overall growth of the market.<br />

Browse Full Research Report @<br />

https://www.millioninsights.com/industry-reports/next-generation-sequencing-ngs-market<br />

<strong>Next</strong> generation sequencing market is segmented as target, genome, exon <strong>and</strong> resequencing. The largest share is<br />

held by target sequencing followed by genome sequencing.<br />

Development of whole genome sequencing capabilities is expected to show a significant growth over the forecast<br />

period. Whole genome technology is relatively new <strong>and</strong> is gaining popularity with the development of high<br />

throughput. This high throughput has helped in reducing complications associated with whole genome sequencing.<br />

NGS includes sample enrichment, DNA tagging, library preparation, sample quality assurance, DNA quantification,<br />

data storage, genetic data assembly, analysis <strong>and</strong> interpretation. With the increase in volume of whole genome<br />

sequencing, next generation data analysis is expected to observe a significant growth over the forecast period.<br />

See More Reports of this Category by Million Insights @<br />

https://www.millioninsights.com/industry/biotechnology<br />

Government regulatory bodies play a vital role in overall development <strong>and</strong> usage of these technologies. Medical<br />

device manufacturers in the U.S. are under the strict vigilance of Food <strong>and</strong> Drug Administration (FDA). In 2013, FDA<br />

approved four next generation gene sequencing devices which is expected to help physicians in taking a broader<br />

look at the patient’s genetic makeup. Two of the approved devices is expected to help in detecting DNA changes in<br />

the treatment of cystic fibrosis.<br />

North America is expected to observe highest dem<strong>and</strong> in the global industry on account of the well-developed<br />

healthcare sector <strong>and</strong> implementation of advanced research infrastructure. Similarly, Western Europe is expected<br />

to show a substantial dem<strong>and</strong> over the forecast period on account of increasing emphasis by the regional


government on healthcare facilities coupled with the stringent regulatory framework. Asia Pacific <strong>and</strong> the Middle<br />

East are expected to observe significant growth on account of the increasing government initiatives to establish<br />

proper healthcare infrastructure in developing economies including China, India, Japan <strong>and</strong> UAE.<br />

The NGS market is dominated by few players with the help of proprietary platforms. The key industry players include<br />

Life Sciences (Roche), Thermo Fischer Scientific, Illumina <strong>and</strong> Pacific Biosciences.<br />

Other major players operating in the market include Partek Inc., Genomatix Software GmbH, Macrogen Inc., Life<br />

Technologies Corp, Perkin Elmer inc., Oxford Nanopore Technologies Ltd., Knome Inc, Agilent Technologies Inc.,<br />

Biomatters Ltd., CLC Bio (Qiagen), Pacific Biosciences, BGI (Beijing Genomics Institute), DNASTAR Inc, GATC Biotech<br />

<strong>and</strong> Qiagen N.V.<br />

<strong>Market</strong> Segmentation<br />

NGS Outlook, by <strong>Application</strong> (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

<br />

<br />

<br />

<br />

<br />

<br />

<br />

Reproductive Health<br />

Oncology<br />

HLA Typing/Immune System Monitoring<br />

Metagenomics, Epidemiology & Drug Development<br />

Agrigenomics & Forensics<br />

Consumer Genomics<br />

Clinical Investigation<br />

NGS Outlook, by Technology (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

<br />

<br />

<br />

Targeted <strong>Sequencing</strong> Analysis<br />

Whole Genome <strong>Sequencing</strong><br />

Whole Exome <strong>Sequencing</strong><br />

NGS Outlook, by Workflow (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

<br />

<br />

Pre-sequencing<br />

<strong>Sequencing</strong><br />

NGS Outlook, by End-use (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

<br />

<br />

<br />

Academic Research<br />

Clinical Research<br />

Hospitals & Clinics


Pharma & Biotech Entities<br />

Other Users<br />

NGS Outlook, by Region (Revenue, USD Million; 2014 - <strong>2025</strong>)<br />

<br />

<br />

<br />

<br />

<br />

North America<br />

Europe<br />

Asia Pacific<br />

Latin America<br />

Middle East & Africa<br />

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