According to a new market intelligence report by BIS Research titled "Global NGS Sample Preparation Market - Analysis and Forecast, 2018-2025", the global next-generation sequencing (NGS) sample preparation market was valued at $1.14 billion in 2018 and is expected to grow over $3.17 billion by 2025 at a compound annual growth rate (CAGR) of 15.54% during the forecast period 2019-2025.
Browse 04 Market Data Tables and 196 Figures spread through 247 Pages and in-depth TOC on "Global NGS Sample Preparation Market"
The growth in the NGS market is supported primarily by factors such as rising prevalence of genetic disorders, increasing direct-to-consumer genetic testing, and rising prevalence of infectious diseases. However, the factors restraining the growth of the market include high cost of automated sample preparation instruments and lack of advanced genetic testing centers, among others.
According to Nitish Singh, Lead Analyst at BIS Research, "North America is currently the leading contributor in the NGS sample preparation market and contributed a share of approximately 42.10% to the global market value in 2018. This region is anticipated to grow at a significant CAGR during the forecast period 2019-2025 and continue to dominate the global market till 2025. However, the Asia-Pacific region is expected to grow at the highest CAGR of 16.18% during the forecast period 2019-2025. The Europe region also contributed a significant share of 30.70% to the global market and is anticipated to grow at a robust CAGR during the forecast period 2019-2025."
BIS Research Report: https://bisresearch.com/industry-report/ngs-sample-preparation-market.html
Research Highlights:
This market intelligence report provides a multi-dimensional view of the global NGS sample preparation market in terms of market size and growth potential. This research report aims at answering various aspects of the global NGS sample preparation market with the help of key factors driving the market, restraints that can possibly inhibit the overall growth of the market, and the current growth opportunities that are going to shape the future trajectory of the market expansion.
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Furthermore, the competitive landscape and industry insights chapters in the report explicate the competitive nature of the global market and enable the reader to get acquainted with the recent market activities, such as product launches and approvals, partnerships, collaborations, business expansions, as well as mergers and acquisitions. The research report provides a comprehensive analysis of the product sales, manufacturers, trend by segment, and growth share by geographical region. Additionally, the report provides a comprehensive analysis of market attractiveness and opportunities for the entire NGS sample preparation market for 2018 and 2025.
This report is a meticulous compilation of research on more than 50 players in the market ecosystem and draws upon insights from in-depth interviews with the key opinion leaders of more than 15 leading companies, market participants, and vendors. The report also comprises 16 detailed company profiles including several key players, such as Agilent Technologies, Inc., Danaher Corporation, Eppendorf AG, F. Hoffmann-La Roche AG, Hamilton Company, Illumina, Inc., Tecan Trading AG, PerkinElmer Inc., Promega Corporation, QIAGEN N.V., Swift Biosciences Inc., and Thermo Fisher Scientific, Inc.
Key Questions Answered in the Report
Related Reports:
Global NGS-Based Monitoring and Diagnostic Test Market Analysis and Forecast, 2019 to 2028
Global NGS Informatics and Clinical Genomics Market Analysis and Forecast, 2018 to 2028
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BIS Research | 510-404-8135 | media@bisresearch.com | https://bisresearch.com |
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