Global Next Generation Sequencing Market size was valued at $3,667 million in 2016, and is expected to reach $16,401 million in 2027, supported by a CAGR of 23% during the forecast period 2019 to 2027.
The major factors, such as increasing applications of NGS, speed, cost, and accuracy, efficient replacement for traditional technologies, and drug discovery applications demanding NGS technology are expected to drive the growth of the overall market.
The key players operating in the global NGS market include Illumina, Inc., Thermo Fisher Scientific, Inc., Pacific Biosciences of California, Inc., Beijing Genomics Institute, Qiagen N.V., 454 Life Sciences Corporation (Roche Holding AG), Agilent Technologies, Inc., Perkinelmer, Inc., Genomatix GmbH, and PierianDx.
Other prominent players in the value chain include Eurofins Scientific, Gatc Biotech AG, Macrogen, Inc., Oxford Nanopore Technologies, Ltd., Bio-Rad Laboratories, Inc., DNASTAR, Inc., Biomatters Ltd., Partek Inc., New England Biolabs, Inc. and Myriad Genetics, Inc.
Next Generation Sequencing Market Key Segments
By Product
By Application
By Technology
By End User
By Geography
The main objective of this report is to define, describe, and forecast the global NGS market on the basis of types of applications, major sectors, deployment models, organization size, and regions. This report mainly introduces volume and value market share by segments and also their price change details. The analysis includes the market by value, by segments, by application, by manufacturers and by region. The market size and forecast in terms of US$ Mn for each segment has been provided for the period from 2018 to 2027. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2019 to 2027, considering 2018 as the base year. All market data presented in revenues, shipments and installed base, along with average pricing data.
The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report also offers insightful and detailed information regarding the various key players operating in the global market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.
The report forecasts the market size, in terms of value, for various segments with regard to four main regions—North America, Europe, APAC, and RoW. It strategically profiles key players and comprehensively analyzes their market rankings and core competencies, along with detailing the competitive landscape for the market leaders.
The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market. The report analyze detailed profiles of 20+ innovative and leading vendors, with information on products and services, target markets, strategy, SWOT analysis, key relationships and capital funding.
The research methodology used to estimate and forecast the market begins with capturing data on key vendor’s revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and sub-segments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all segments and sub-segments.
Key questions addressed by the report
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Next Generation Sequencing Market, By Technology
7.1. Next Generation Sequencing Market, By Technology Type, 2020-2027
7.1.1. Whole Genome Sequencing
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Whole Exome Sequencing
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Targeted Sequencing & Resequencing
7.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Next Generation Sequencing Market, By Application
8.1. Next Generation Sequencing Market, By Application, 2020-2027
8.1.1. Oncology
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Clinical Investigation
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Reproductive Health
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. HLA Typing/Immune System Monitoring
8.1.4.1. Market Revenue and Forecast (2016-2027)
8.1.5. Metagenomics, Epidemiology & Drug Development
8.1.5.1. Market Revenue and Forecast (2016-2027)
8.1.6. Agrigenomics & Forensics
8.1.6.1. Market Revenue and Forecast (2016-2027)
8.1.7. Consumer Genomics
8.1.7.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Next Generation Sequencing Market, By Workflow
9.1. Next Generation Sequencing Market, By Filling Material, 2020-2027
9.1.1. Pre-sequencing
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Sequencing
9.1.2.1. Market Revenue and Forecast (2016-2027)
9.1.3. NGS Data Analysis
9.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 10. Global Next Generation Sequencing Market, By End-use
10.1. Next Generation Sequencing Market, By End-use, 2020-2027
10.1.1. Academic Research
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Clinical Research
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Hospitals & Clinics
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Pharma & Biotech Entities
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Other Users
10.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 11. Global Next Generation Sequencing Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, By Technology (2016-2027)
11.1.2. Market Revenue and Forecast, By Application (2016-2027)
11.1.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.1.4. Market Revenue and Forecast, By End-use(2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, By Technology (2016-2027)
11.1.5.2. Market Revenue and Forecast, By Application (2016-2027)
11.1.5.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.1.5.4. Market Revenue and Forecast, By End-use(2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, By Technology (2016-2027)
11.1.6.2. Market Revenue and Forecast, By Application (2016-2027)
11.1.6.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.1.6.4. Market Revenue and Forecast, By End-use(2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, By Technology (2016-2027)
11.2.2. Market Revenue and Forecast, By Application (2016-2027)
11.2.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.2.4. Market Revenue and Forecast, By End-use(2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, By Technology (2016-2027)
11.2.5.2. Market Revenue and Forecast, By Application (2016-2027)
11.2.5.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.2.5.4. Market Revenue and Forecast, By End-use(2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, By Technology (2016-2027)
11.2.6.2. Market Revenue and Forecast, By Application (2016-2027)
11.2.6.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.2.6.4. Market Revenue and Forecast, By End-use(2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, By Technology (2016-2027)
11.2.7.2. Market Revenue and Forecast, By Application (2016-2027)
11.2.7.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.2.7.4. Market Revenue and Forecast, By End-use(2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, By Technology (2016-2027)
11.2.8.2. Market Revenue and Forecast, By Application (2016-2027)
11.2.8.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.2.8.4. Market Revenue and Forecast, By End-use(2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, By Technology (2016-2027)
11.3.2. Market Revenue and Forecast, By Application (2016-2027)
11.3.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.3.4. Market Revenue and Forecast, By End-use(2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, By Technology (2016-2027)
11.3.5.2. Market Revenue and Forecast, By Application (2016-2027)
11.3.5.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.3.5.4. Market Revenue and Forecast, By End-use(2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, By Technology (2016-2027)
11.3.6.2. Market Revenue and Forecast, By Application (2016-2027)
11.3.6.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.3.6.4. Market Revenue and Forecast, By End-use(2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, By Technology (2016-2027)
11.3.7.2. Market Revenue and Forecast, By Application (2016-2027)
11.3.7.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.3.7.4. Market Revenue and Forecast, By End-use(2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, By Technology (2016-2027)
11.3.8.2. Market Revenue and Forecast, By Application (2016-2027)
11.3.8.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.3.8.4. Market Revenue and Forecast, By End-use(2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, By Technology (2016-2027)
11.4.2. Market Revenue and Forecast, By Application (2016-2027)
11.4.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.4.4. Market Revenue and Forecast, By End-use(2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, By Technology (2016-2027)
11.4.5.2. Market Revenue and Forecast, By Application (2016-2027)
11.4.5.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.4.5.4. Market Revenue and Forecast, By End-use(2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, By Technology (2016-2027)
11.4.6.2. Market Revenue and Forecast, By Application (2016-2027)
11.4.6.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.4.6.4. Market Revenue and Forecast, By End-use(2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, By Technology (2016-2027)
11.4.7.2. Market Revenue and Forecast, By Application (2016-2027)
11.4.7.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.4.7.4. Market Revenue and Forecast, By End-use(2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, By Technology (2016-2027)
11.4.8.2. Market Revenue and Forecast, By Application (2016-2027)
11.4.8.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.4.8.4. Market Revenue and Forecast, By End-use(2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, By Technology (2016-2027)
11.5.2. Market Revenue and Forecast, By Application (2016-2027)
11.5.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.5.4. Market Revenue and Forecast, By End-use(2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, By Technology (2016-2027)
11.5.5.2. Market Revenue and Forecast, By Application (2016-2027)
11.5.5.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.5.5.4. Market Revenue and Forecast, By End-use(2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, By Technology (2016-2027)
11.5.6.2. Market Revenue and Forecast, By Application (2016-2027)
11.5.6.3. Market Revenue and Forecast, By Workflow(2016-2027)
11.5.6.4. Market Revenue and Forecast, By End-use(2016-2027)
Chapter 12. Company Profiles
12.1. Illumina Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. F Hoffman-La Roche Ltd.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. QIAGEN
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Thermo Fisher Scientific Inc.
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. BGI
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
Glossary of Terms