Next Generation Sequencing Market: Global Market Size, Forecast, Insights, and Competitive Landscape

Next Generation Sequencing Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global next generation sequencing market is expected to grow at a CAGR of around 19.7% during 2023-2030. This report on global next generation sequencing market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global next generation sequencing market by segmenting the market based on sequencing type, product type, technology, application, end user and region. Also, detailed profiles of companies operating in the next generation sequencing market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.

Market Drivers

• Advancement in NGS Platforms
• Declining Cost of Genome Sequencing
• Growing Incidence of Cancer

Market Challenges

• End User Budget Constraints in Developing Countries
• Introduction of Alternative Technologies

Historical & Forecast Period

Base Year: 2022
Historical Period: 2018-20
Forecast Period: 2023-2030

Market by Sequencing Type

• Whole Genome Sequencing
• Targeted Resequencing
• Whole Exome Sequencing
• RNA Sequencing
• CHIP Sequencing
• De Novo Sequencing
• Methyl Sequencing
• Others

Breakup by Product Type:

• Instruments
• Reagents and Consumables
• Software and Services

Breakup by Technology:

• Sequencing by Synthesis
• Ion Semiconductor Sequencing
• Single-Molecule Real-Time Sequencing
• Nanopore Sequencing
• Others 

Breakup by Application:

• Biomarker and Cancer
• Drug Discovery and Personalized Medicine
• Genetic Screening
• Diagnostics
• Agriculture and Animal Research
• Others

Breakup by End-User:

• Academic Institutes & Research Centers
• Hospitals & Clinics
• Pharmaceutical & Biotechnology Companies
• Others

Market by Region

• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East and Africa