The global market for NGS Services was estimated to be worth US$ 1421.5 million in 2023 and is forecast to a readjusted size of US$ 4722.9 million by 2030 with a CAGR of 18.4% during the forecast period 2024-2030
Next-Generation Sequencing (NGS) services refer to a wide range of techniques and methodologies used for DNA or RNA sequencing. NGS has revolutionized genomics research by enabling high-throughput, cost-effective sequencing of entire genomes, exomes, transcriptomes, and other genomic regions.
NGS services typically involve the following steps:
Library preparation: In this step, DNA or RNA samples are processed to create libraries of fragments that will be sequenced. This can involve fragmentation, adapter ligation, PCR amplification, and other methods to prepare the samples for sequencing.
Sequencing: The prepared libraries are loaded onto NGS instruments, such as Illumina's HiSeq, NovaSeq, or MiSeq systems. These instruments use different sequencing chemistries and technologies to generate millions or billions of short DNA or RNA sequences in parallel.
Data generation: During sequencing, the instruments generate raw data in the form of sequence reads. The length and number of reads depend on the specific NGS platform and experimental design. These raw data files are usually stored in FASTQ format.
Data analysis: After data generation, the raw sequencing data needs to be processed and analyzed to extract meaningful biological information. This involves several bioinformatics steps, including read alignment, variant calling, gene expression analysis, and functional annotation, depending on the research objectives.
Data interpretation: Once the data is analyzed, researchers can interpret the results in the context of their specific research questions. This may involve identifying genetic variants, detecting gene expression changes, studying epigenetic modifications, or investigating microbial diversity, among other applications.
NGS services are widely used in various fields, including genomics research, clinical diagnostics, agriculture, and forensics. They have greatly advanced our understanding of genetic variation, disease mechanisms, and personalized medicine. Many academic institutions, research centers, and commercial providers offer NGS services to facilitate genomic research and applications.
Global Leading Market Research Publisher QYResearch announces the release of its latest report “NGS Services - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”. Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global NGS Services market, including market size, share, demand, industry development status, and forecasts for the next few years.
The report provides advanced statistics and information on global market conditions and studies the strategic patterns adopted by renowned players across the globe. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
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Global NGS Services Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2019 to 2030, as well as the production volume by region during the same period.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The NGS Services market is segmented as below:
By Company
Beijing Genomics Institute (BGI)
Cegat (Centre for Genomics and Transcriptomics) GMBH
DNA Vision SA
Eurofins Genomics Inc.
Febit / Comprehensive Biomarker Center GMBH (CBC)
Genomnia SRL
Mina Inc.
Macrogen Inc.
Microsynth AG
Seqomics
Source Bio Science
Segment by Type
RNA-Seq
Exome
Segment by Application
Oncology
Lung cancer
Breast cancer
Prostate cancer
Colorectal cancer
Others
Each chapter of the report provides detailed information for readers to further understand the NGS Services market:
Chapter 1: NGS Services Market Product Definition, Product Types, Sales Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Household Hazardous Waste Disposal, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the NGS Services industry.
Chapter 3: NGS Services Market Historical (2019-2023) and forecast (2024-2030) sales and revenue analysis of NGS Services in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: NGS Services Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2019 to 2024.
Chapter 5 to 9: NGS Services Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, NGS Services introduction, etc. NGS Services Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, including raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of NGS Services market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Table of Contents
1 NGS Services Market Overview
1.1NGS Services Product Overview
1.2 NGS Services Market by Type
1.3 Global NGS Services Market Size by Type
1.3.1 Global NGS Services Market Size Overview by Type (2019-2030)
1.3.2 Global NGS Services Historic Market Size Review by Type (2019-2024)
1.3.3 Global NGS Services Forecasted Market Size by Type (2025-2030)
1.4 Key Regions Market Size by Type
1.4.1 North America NGS Services Sales Breakdown by Type (2019-2024)
1.4.2 Europe NGS Services Sales Breakdown by Type (2019-2024)
1.4.3 Asia-Pacific NGS Services Sales Breakdown by Type (2019-2024)
1.4.4 Latin America NGS Services Sales Breakdown by Type (2019-2024)
1.4.5 Middle East and Africa NGS Services Sales Breakdown by Type (2019-2024)
2 NGS Services Market Competition by Company
2.1 Global Top Players by NGS Services Sales (2019-2024)
2.2 Global Top Players by NGS Services Revenue (2019-2024)
2.3 Global Top Players by NGS Services Price (2019-2024)
2.4 Global Top Manufacturers NGS Services Manufacturing Base Distribution, Sales Area, Product Type
2.5 NGS Services Market Competitive Situation and Trends
2.5.1 NGS Services Market Concentration Rate (2019-2024)
2.5.2 Global 5 and 10 Largest Manufacturers by NGS Services Sales and Revenue in 2023
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in NGS Services as of 2023)
2.7 Date of Key Manufacturers Enter into NGS Services Market
2.8 Key Manufacturers NGS Services Product Offered
2.9 Mergers & Acquisitions, Expansion
...
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