Next-generation sequencing (NGS) is an approach to DNA sequencing technology that typically allows for an enormous amount of data to be captured per run and the automation of more stages in the process. NGS technology utilizes parallelization—a massively-parallel processor array executes many sequences simultaneously, considerably speeding up sequence analysis.
These methods allow genomic researchers to produce large amounts of information much quicker than in the past when they had to rely on older single-strand sequencing methods such as Sanger sequencing, which are still widely used today.
Next-generation high throughput sequencing technologies have been around for quite some time and are becoming more popular each year. They are used for many different types of sequencing, including the complete genome sequencing of a species and even the discovery of small-RNA sequences.
With the decreasing costs and improved turnaround time, these techniques will be essential diagnostic tools in clinical routines.
1. Detection of unidentified viral pathogens
2. Detection of tumor viruses
3. Discovery of novel viruses
4. Characterization of the human virome
5. Full-length viral genome sequencing
6. Monitoring antiviral drug resistance
7. Quality control of live-attenuated viral vaccines
8. Investigation of viral genome variability and characterization of viral quasispecies
9. Epidemiology of viral infections and viral evolutions
The global NGS sample preparation market is projected to reach $3,279.3 million by 2026, growing from $1,468.9 million in 2020, at a CAGR of 14.24% during the forecast period 2021-2026.
The gene sequencing market for sample preparation is growing with the increasing use of gene sequencing in diagnostic laboratories. Greater accuracy and consistency result from today's advanced genetic diagnostic techniques. For example, advanced testing methods speed up predictive genetic testing and prenatal diagnosis.
As the number of people suffering from genetic disorders increases, new diagnostic screening tests are required to identify these disorders. The automation of genome sequencing and NGS sample preparation methodology ensures consistency, accuracy, and efficient results.
1. Rising number of genetic disorders
2. Technological advancements in NGS sample preparation methods
3. Rising research funding in the field of genomics
1. High cost of automated NGS sample preparation methods
2. Stringent regulatory standards
3. Lack of skilled professionals
4. A dearth of infrastructure in emerging countries
Currently, the global NGS sample preparation market is primarily dominated by manufacturers and service providers such as Illumina Inc., Thermo Fisher Scientific Inc, BGI Group, Aurora Biomed, Inc., F. Hoffmann-La Roche Ltd, Agilent Technologies, Inc., OPENTRONS, Qiagen N.V., Promega Corporation, Bio-Rad Laboratories, Inc., Oxford Nanopore Technologies plc., Eppendorf AG, Tecan Trading AG, New England Biolabs (NEB), Hamilton Company, Danaher Corporation, and PerkinElmer, Inc.
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In our recent global NGS sample preparation market report, you get details and answers to the following details:
1. Estimated global NGS sample preparation market size
2. Ways in which NGS sample preparation is revolutionizing oncology
3. Major market drivers, challenges, and opportunities in the global NGS sample preparation market
4. Underlying structures resulting in the emerging trends within the global NGS sample preparation market
5. Impact of COVID-19 pandemic on global NGS sample preparation ecosystem
6. Key development strategies that the major players are implementing in order to sustain themselves in the competitive market
7. Key regulatory implications in developed and developing regions pertaining to the use of NGS sample preparation products
8. Potential entry barriers expected to be faced by the companies willing to enter a particular region
9. Growth of each market segment during the forecast period 2021-2026, and what is the anticipated revenue to be generated by each of the segments
10. Growth opportunities for the NGS sample preparation companies in the region of their operation
11. Leading players and noteworthy offerings in the global NGS sample preparation market
12. Information on companies that are anticipated to be highly disruptive in the future and reasons for the same
Read more about the global NGS sample preparation market in our report. Request a sample here: https://bisresearch.com/requestsample?id=1249&type=download
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