This NGS Library Preparation Market report covers the size, share, trends, forecast, status of import and export, supply chain management, distribution channels, production volume, production capacity, product price, profit, sale and others elements.

New York, NY -- (SBWire) -- 06/04/2019 --A recent market study on the NGS Library Preparation market applies both primary and secondary research techniques to identify new opportunities for development for the NGS Library Preparation market for the forecast period, 2018 -2023. The research further screens and analyses data on the market share, growth rate and size to enable stakeholders, product owners and field marketing executives identify the low-hanging fruits and reap a significant return on their investment. Importantly, the data on the current business environment of the NGS Library Preparation market proves a boon for companies trying to identify next leg for growth.

NGS library construction involves preparing nucleic acid targets using a coordinated series of enzymatic reactions to produce a random collection of DNA fragments, of a specific size, for high throughput sequencing. The decreasing cost of next-generation sequencing (NGS) library preparation solutions is making the technology more affordable and widely accessible. This is the key growth driver for the global NGS library preparation market, which is expected to reach approximately USD 1.33 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 11.3% during 2018-2023.

This report focuses on the global top players which are:: Illumina, Inc., Roche Holding AG, Thermo Fisher Scientific, Inc, PerkinElmer, Inc., Qiagen NV, Bio-Rad Laboratories, Inc., Abcam, Meridian Biosciences Inc., Epigentek Group Inc., New England Biolabs Inc.

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Application segment insights:
Based on application, the small RNA sequencing market is anticipated to grow at a high CAGR of about 14.1% than that of the others. This is primarily because of its increased use as an identifier of novel biomarkers. Also, miRNAs are involved in many important physiological processes, such as the development and maturation of the nervous system. Thus, the growing use of small RNA sequencing in the diagnosis and treatment of diseases related to the brain/nervous system also pose as a noteworthy driver for the growth of the market.

Products segment insights:
The products of the NGS library preparation market in this report can be classified into consumables, instruments/workstations/platforms, and others (ancillary equipment). The consumables sub-segment dominates with a market share of 51.9%. This is mainly because of the rising demand for consumable products like library preparation reagents and other kits with growth prospects in research projects. The challenge faced by the market is that most of the library preparation kits are designed to work with a particular brand of instrument. This, in turn, increases the bargaining power of supplier and restraints the wide adoption of these kits in mid and small-sized labs. The sub-segment is predicted to expand at a CAGR of 10.0% during the forecast period.

Area segment insights::
Based on area, the NGS library preparation market is divided into the following segments-clinical diagnostics and research. The research segment holds the lion's share of this market. This is due to the growth of various research projects like oncology, agrigenomics, immuno-oncology research, neurosciences, microbial genomics, and drug discovery. The increasing adoption of NGS tools by contract research organizations (CROs) and research wings of pharmaceutical, as well as biotechnological companies all over the world is further adding to the growth of this particular segment.

Regional insights::
North America is leading the innovation in the NGS library preparation market and occupied approximately 50% of the global market in 2017. This is because of the high adoption rate of library preparation tools in the region among both research and diagnostics segments. The North American NGS library preparation market is predicted to expand at a CAGR of 9.5% in the forecast period. The Asia-Pacific region is growing at a high growth rate of about 14.0%. This is because Asia is emerging as a powerhouse of pharmaceutical research and development (R&D) facilitated by the availability of a vast patient population, quality data, lower costs and skilled manpower. This is driving the adoption of NGS library tools in the region.

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How geography and sales fit together
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. NGS Library Preparation enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India

We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

In this study, the years considered to estimate the market size of Conveyor Ovens are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

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Most important Topics covered in this report are:
1. Market Trends & Issues
2. Growth Drivers & Enablers
3. Growth Inhibitors
4. Opportunities and Challenges
5. Recent Industry Activity
6. Product Innovations & Trends
7. Coverage of Major & Niche Players
8. Comprehensive Geographic Coverage
9. Extensive Product Coverage

What is covered in the report?
1. Overview of the NGS Library Preparation market.
2. Current market demand along with future expected demand trend of NGS Library Preparation services from various types of NGS Library Preparation including pure and hybrid NGS Library Preparation.
3. Current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) market size data for NGS Library Preparation market.
4. Current and forecasted market size data for types of client asset segment including pension funds, insurance companies, sovereign wealth funds, high-net-worth individuals and the mass affluent.
5. Analysis of company profiles of major players operating in the market.
6. Key opportunities for the NGS Library Preparation market.
7. Market trends in the global NGS Library Preparation market.
8. Value chain analysis in order to optimize the available resources.
9. Market attractiveness analysis in terms of region in order to furnish the competitive advantage of one region over the other.
10. Market positioning of the key players across different regions in 2017.

Why buy?
o Understand the demand for global NGS Library Preparation to determine the viability of the market.
o Identify the developed and emerging markets where NGS Library Preparation services are offered.
o Identify the challenge areas and address them.
o Develop strategies based on the drivers, trends and highlights for each of the segments.
o Evaluate the value chain to determine the workflow and to get an idea of the current position where you are placed.
o Recognize the key competitors of this market and respond accordingly.
o Knowledge of the initiatives and growth strategies taken up by the major companies and decide on the direction for further growth.
o Define the competitive positioning by comparing the products and services with the key players in the market.

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Key points from table of content:
Chapter 1. Executive summary

1.1. Market scope and segmentation

1.2. Key questions answered

1.3. Executive summary

Chapter 2. Global NGS library preparation market - overview

2.1. Global market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), geography-wise market revenue (USD Bn), and market attractiveness analysis

2.2. Global market drivers

2.3. Global market trends

2.4. Global market trends

2.5. Market share analysis based on key players (USD, 2018)

2.6. Porter's five forces analysis

2.7. Value chain analysis

2.8. Market segmentation based on application (DNA sequencing, RNA sequencing, small RNA sequencing, amplicon sequencing, and methylation sequencing) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations

2.9. Market segmentation based on product types (consumables, instruments/workstations/platforms, and others [ancillary equipment]) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations

2.10. Market segmentation based on area (clinical, and research) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations

Chapter 3. North America NGS library preparation market

3.1. Regional market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations

3.2. Market segmentation based on application (DNA sequencing, RNA sequencing, small RNA sequencing, amplicon sequencing, and methylation sequencing) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations

3.3. Market segmentation based on product types (consumables, instruments/workstations/platforms, and others [ancillary equipment]) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations

3.4. Market segmentation based on area (clinical, and research) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Continued….

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