DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global Next Generation Sequencing Technologies Market Analysis – Trends & Forecast to 2020” report to their offering.
The global Next Generation Sequencing market is poised to grow at a CAGR of more than 20% to reach around $5.0 billion by 2020. The NGS market assessment was made based on products, technologies, end users, applications and geography. The NGS products market is further divided into instruments and reagents, services and workflow products. The instruments and consumables is the largest segment with a share of around half of the market in 2013. The fastest growing segment is the services with a highest CAGR during the forecast period. The major players are interested in services segment as it provides additional revenue for the company at the same time, increases the sales of instruments and reagents.
NGS technology is segmented into targeted resequencing, whole exome sequencing, RNA sequencing, whole genome sequencing, ChIP sequencing, de novo sequencing and methyl sequencing. Among these targeted re-sequencing technology accounted for the largest share of more than 25% of the technology market in 2013 and is expected to grow at a strong CAGR during the forecast period. Whole genome sequencing is poised to grow at the highest CAGR and expected to reach a share of more than 15% of the total market by 2020. Targeted resequencing and whole genome sequencing technologies are the prospective technologies as various targeted disease based NGS assays and panels are emerging and use of personalized medicine transforms with the understanding of individual’s whole genome imprint.
Key Topics Covered:
- Market Analysis
- Next Generation Sequencing Market, By Products
- Global Next Generation Sequencing Market Value And Volume Analysis, By Technology
- Global Next Generation Sequencing Market, By End Users/Laboratories
- Global Next Generation Sequencing Market Value And Volume Analysis, By Application
- Geographic Analysis
- Competitive Landscape
- Major Player Profiles
- Agilent Technologies, Inc.
- Bgi (Beijing Genomics Institute)
- Biomatters Ltd
- Genomatix Software Gmbh
- Hoffmann-La Roche Ltd.
- Illumina, Inc.
- Pacific Biosciences Of California Inc.
- Qiagen N.V.
- Strand Life Sciences Pvt. Ltd.
- Thermo Fisher Scientific Inc.
For more information visit http://www.researchandmarkets.com/research/g47zz8/global_next
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Sector: Biotechnology, Genomics