Vancouver, BC -- (SBWIRE) -- 01/19/2021 -- Market Size – USD 3,110.0 Million in 2019, Market Growth - CAGR of 9.3%, Market Trends –High demand in the consumer genomics sector

For most large research laboratories, the processing of a vast array of data has made it a big challenge to monitor and coordinate sequence sample data and electronic methods developed for handling NGS samples. Therefore, it has encouraged the growth of the next generation sequencing (NGS) sample preparation market. These methods comprise information management software, automation, and entire laboratory information management systems (LIMS). Such technologies are similar to information management software.

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Next Generation Sequencing (NGS) Sample Preparation Market Drivers

The global next generation sequencing NGS) sample preparation market size was valued at USD 3,110.0 million in 2019 and is expected to reach USD 6,630.0 million at a CAGR of 9.3% by the year 2027. Compared to technologies used in the field of genetics, numerous advantages of high-performance sequencing, including microarray and Sanger sequence, are among significant factors fueling the growth of the next generation sequencing (NGS) sample preparation market. In addition, with modifications in sequencing methods to increase the capacity, the limits for sample preparation processes have shifted.
Continuous progress in the preparation of samples for next generation sequencing (NGS) has led to standardized sample preparation procedures, which have greatly affected the demand for the preparation of samples for next generation sequencing (NGS).

Next Generation Sequencing (NGS) Sample Preparation Market: Regional Outlook
In 2019, North America accounted for the highest market share of more than 32.0% in terms of sales, leading to the rapid growth of new-generation sequencing, precision medicine, and systematic diagnosis. Asia Pacific is expected to develop most rapidly as domestic and molecular diagnostics are increasing in China. In the forecast period, Asia Pacific is expected to register a CAGR of 11.5% through the forecast period in next generation sequencing (NGS) sample preparation market.

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Key participants include Agilent Technologies, Bio-Rad Laboratories, Inc., BGI; Biomatters Ltd., Congenica Ltd, Eurofins Scientific, DNASTAR, F. Hoffmann-La Roche Ltd., Genomatix GmbH, Thermo Fisher Scientific, and Foundation Medicine, among others, among others.

Workflow Outlook (Revenue, USD Billion; 2017-2027)
NGS Library Preparation Kit
Semi-Automated Library Preparation
Automated Library Preparation
Colonial Amplification

Application Outlook (Revenue, USD Billion; 2017-2027)
Oncology
Clinical Investigation
Reproductive Health
HLA Typing/Immune System Monitoring
Metagenomics, Epidemiology, & Drug Development
Agrigenomics & Forensics
Consumer Genomics

End-Users Outlook (Revenue, USD Billion; 2017-2027)
Academic Research
Clinical Research
Hospitals & Clinics
Pharma & Biotech Entities
Others

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Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Next Generation Sequencing (NSG) Sample Preparation Market Segmentation & Impact Analysis
4.1. Next Generation Sequencing (NSG) Sample Preparation Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Advancements in NGS platform
4.2.2.2. Reduced cost of sequencing
4.2.2.3. Improving reimbursement scenario for NGS-based diagnostic tests
4.2.3. Market restraints analysis
4.2.3.1. Stringent legislative regulations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

Chapter 5. Next Generation Sequencing (NGS) Sample Preparation Market By Workflow Insights & Trends, Revenue (USD Million)
5.1. Workflow Dynamics & Market Share, 2019 & 2027
5.1.1. NGS Library Preparation Kit
5.1.2. Semi-Automated Library Preparation
5.1.3. Automated Library Preparation
5.1.4. Colonial Amplification
Continue…

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