NGS Sample Preparation marketGlobal NGS Sample Preparation market expected to propel by the growing adoption of NGS sample preparation in developing innovative diagnostic tools and tests and development of precision & personalized medicines

Global NGS Sample Preparation market predicted to grow with a noteworthy rate during the forecast period, 2020–2027, on account of the rise in the incidence of diseases like cancer and the growing use of NGS for diagnostic purposes in cancer and management or treatment of disease. Additionally, the advancements in NSG platforms, declining cost of sequencing, and NSG platforms and improving regulatory for NSG based diagnostic tests. Moreover, the evolution of integrated and automated informatics and mechanical protocols based NGS sample preparation as it enhances sequencing speed & capacity, and sample tracking will lead to the robust growth of the NGS sample preparation market in the future time.
Furthermore, the growing R&D activities for developing therapies utilized in the treatment of genetic diseases across the developing and developed countries will accelerate the growth of the NGS sample preparation industry. The application of next-generation sequencing technology help in deciphering human diseases, especially in cancer. The rapid development of next-generation sequencing (NGS) has greatly reduced the cost of sequencing and achieved high throughput, which allows obtaining the sequence of the entire genome and all the genome information of those patients who are clinically diagnosed. In addition, the growing usage of NGS tools design therapies according to the nature of the disease, which helped the pharmaceutical and biopharmaceutical companies, thereby boosting the growth of the NGS sample preparation industry.

Product Overview in the Global NGS Sample Preparation Market

Based on the product, the global NGS Sample Preparation market categorized into Reagent & Consumables and NGS Workstations. The Reagent & Consumables segment likely to lead the market by 2027, as they are widespread throughout the sample preparation process and decreasing cost of sequencing, NGS platforms, and the growing applications of NGS in various fields such as drug and discovery, diagnostics, agro-genomics, and animal research, etc.

Technology Overview in the Global NGS Sample Preparation market

Based on technology, the global NGS Sample Preparation market classified into Sequencing by Synthesis (SBS), Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing (Smrt), Nanopore Sequencing, and Others. The sequencing by synthesis (SBS) segment accounted for a higher market share in 2019. It will continue to dominate the market by 2027, owing it is cost-effective, scalable, high yield of the sample, and are simple to operate.

Workflow Overview in the Global NGS Sample Preparation market

Based on workflow, the global NGS Sample Preparation market classified into Library Preparation [DNA, RNA], Target Enrichment (Targeted Sequencing, Whole Exome Sequencing, and Others), and Quality Control. Target Enrichment will be the fastest-growing segment, attributable to it help in providing a detailed view of the genome, including coding and non-coding genomic regions, and helps to provide comprehensive approaches to examine the impact of DNA sequence variations on human diversity.

Application Overview in the Global NGS Sample Preparation Market

Based on application, the global NGS Sample Preparation market categorized into Diagnosis (Infectious Disease, Cancer Diagnostics, and Reproductive Health Diagnostics), Drug Discovery, Agricultural & Animal Research, and Others. The Diagnosis segment projected to lead the market due to the rising number of new cancer cases across the world, and growing focus of key market players on developing NGS-based products & services for cancer and NIPT.

End-User Overview in the Global NGS Sample Preparation Market

Based on end-user, the global NGS Sample Preparation market categorized into Academic Institutes & Research Centers, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, and Others. Academic Institutes & Research Centers segment estimated to dominate the market by 2027 on account of the extensive experiments and studies performed in research and academic centers to develop novel therapies.
Hospitals & Clinics segment will drive owing to the hospitals providing NGS for diagnosis of immune disorders, infectious diseases, non-invasive prenatal diagnosis, and in the detection of human hereditary disorders.

Regional Overview in the Global NGS Sample Preparation Market

By geography, the Global NGS Sample Preparation Market segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is anticipated to witness a higher growth rate by 2027, owing to the presence of high R&D investment, technologically advanced healthcare research framework, simultaneous developments of personalized medicine and companion diagnostics along with the presence of key players in these regions.

Global NGS Sample Preparation Market: Competitive Landscape

Companies such as Illumina Inc., Thermo Fisher Scientific, QIAGEN N.V., Agilent Technologies, Inc., Beckman Coulter, Becton, Dickinson and Company, Pacific Biosciences of California, PerkinElmer Inc., F. Hoffmann-La Roche, New England Biolabs, Inc., and NuGEN Technologies, Inc. are the key players in the Global NGS Sample Preparation Market.
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