Industry Analysis

CRI Report: NGS Sample Preparation Market to reach $3,279.3 million by 2026

The premium market intelligence report published by Our Research Team titled ‘Global NGS Sample Preparation Market’ highlights that the market is projected to reach $3,279.3 million by 2026. The study also highlights that the market is set to witness a CAGR of 14.24% during the forecast period 2021-2026.

Next-generation sequencing (NGS) provides sequence profiling from transcriptomes and genome to DNA-protein interactions. The technologies used in the workflow of sequencing are an integral part of research and discovery in biology. The capability to produce the maximum number of sequence data in a relatively short time provides a broader range of applications and accelerates advances in research, hospitals, and clinics, which has transformed understanding of human health, diagnosis, and treatment of diseases. NGS sample preparation workflows are part of the diagnosis of disease biomarkers.

The comprehensive study covers the following:

• Market numbers on micro-segments that are influencing the market
• Market share analysis for more than 16 companies
• Source of light for NGS sample preparation types such as expanded NGS sample preparation and targeted NGS sample preparation
• Detection technology preference data for PCR, sequencing, and other technologies
• Detailed global and regional market share analysis, including the scrutiny of more than 17 countries
• Study of data of more than 25 companies

Who should buy this report?

• NGS sample preparation products manufacturers, who are planning to invest in one of the large established markets
• Companies involved in the technology development of NGS
• End users such as contract research organizations and academic and research centers
• Companies involved in developing, visualization, sharing, and storage bioinformatics tools data analysis

To gain a holistic view of the market, data from different segments of the market has been analyzed minutely. These segments include products, workflows, applications, therapeutic areas, end users, and regions. Some of these segments have been further categorized into sub-segments to compile an in-depth study.

The premium market intelligence by Our Research Team, additionally, throws a spotlight on the opportunities existing in the market, including the high scope for adoption of sequencing in emerging nations, increased use of NGS technique for diagnosis, and providing solutions for genetic disease such as cystic fibrosis among other genetic diseases. The study is majorly centered on the sub-segments of the different commercialized products in the market.

Key insights have been drawn from in-depth interviews with the key opinion leaders of more than 16 leading companies, market participants, and vendors. The key players profiled in the report include Agilent Technologies, Inc., Aurora Biomed Inc., Danaher, Bio-Rad Laboratories, Inc., Eppendorf SE, Opentrons, BGI Group, Promega Corporation, Oxford Nanopore Technologies plc., F. Hoffmann-La Roche Ltd, Tecan Trading AG, Hamilton Company, PerkinElmer Inc., Illumina, Inc., Thermo Fisher Scientific Inc., New England Biolabs, QIAGEN, and Pacific Biosciences of California, Inc.

The study also offers strategic recommendations that can help organizations track various products, trends, and applications that are changing the dynamics of the market. The recommendations by Our Research Team also offer bespoke research services to help organizations meet their objectives.

How can market intelligence on NGS sample preparation add value to an organization’s decision-making process?

• Offer detailed information on the future perspective of the emerging as well as established players
• Offer go-to-market strategies for the different source types
• Support in diversifying the product portfolio based on risk and progression of application
• Help in analyzing technological substitutes and comparing specifications
• Offer tailor-made solutions based on the throughput of different consumers
• Aid in understanding the technology requirement
• Assist in exploring newer applications
• Support in analyzing the competitors’ funding scenario
• Support in understanding the involvement of government health organizations
• Aid in understanding the new trends in the industry

Insightful Questions Covered to Enable Companies to Take Strategic Decisions

• How is NGS sample preparation revolutionizing oncology?
• What are the major market drivers, challenges, and opportunities in the global NGS sample preparation market?
• What are the underlying structures resulting in the emerging trends within the global NGS sample preparation market?
• How is the COVID-19 pandemic impacting the global NGS sample preparation ecosystem?
• What are the key development strategies that are being implemented by the major players in order to sustain themselves in the competitive market?
• What are the key regulatory implications in developed and developing regions pertaining to the use of NGS sample preparation products?
• What are the potential entry barriers expected to be faced by the companies willing to enter a particular region?
• How is each segment of the market expected to grow during the forecast period 2021-2026, and what is the anticipated revenue to be generated by each of the segments? Following are the segments:
o Product (Consumables, Standalone Automation Instruments, Automated Workstation, Accessories and Components)
o Workflow (Library Preparation, Target Enrichment, Sample Extraction/Isolation, Fragmentation, Sample Quantification, Library Quantification, Quality Control (QC), and Pooling)
o Application (DNA Sequencing, Whole Genome Sequencing, RNA Sequencing, Methylation Sequencing, and Others)
o Therapeutic Area (Oncology, Infectious Diseases, Human Genetics/Population Genetics, and Others)
o End User (Hospitals and Clinics, Academic and Research Institutions, Pharmaceutical and Biotechnology Companies, and Others)
o Region (North America, Europe, Asia-Pacific, Latin America, and Rest-of-the-World)
• What are the growth opportunities for the NGS sample preparation companies in the region of their operation?
• Who are the leading players with significant offerings in the global NGS sample preparation market?
• Which companies are anticipated to be highly disruptive in the future, and why?
Buy the report: NGS Sample Preparation Market – A Global and Regional Analysis: Focus on Product, Workflow, Therapeutic Area, Application, End User, and Region – Analysis and Forecast, 2021-2026

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