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Global NGS Kits Market
Global NGS Kits Market
Dublin, Dec. 01, 2022 (GLOBE NEWSWIRE) -- The "NGS Kits Market - A Global and Regional Analysis: Focus connected Workflow, Sequencing Type, Usage, Application, End User, and Region - Analysis and Forecast, 2022-2032" study has been added to ResearchAndMarkets.com's offering.
In 2021, the planetary NGS kits marketplace was valued astatine $4,553.6 million, and it is expected to scope $26,057.4 cardinal by 2032, increasing astatine a CAGR of 17.27% during the forecast play 2022-2032.
The maturation successful the planetary NGS Kits marketplace is expected to beryllium driven by advancements successful sequencing exertion benefiting the attraction and diagnostics coupled with the beingness of regulatory model pertaining to sequencing and governments investing successful ample objective and diagnostic laboratories to alteration reliable NGS investigating for a assortment of chronic and infectious ailments.
Market Lifecycle Stage
The planetary NGS kits marketplace is successful progressing phase. Next-generation sequencing (NGS) has precocious seen a accelerated surge successful popularity and has emerged arsenic a important diagnostic instrumentality for galore diseases. The NGS kits marketplace is simply a disruptive method advancement successful the beingness sciences assemblage that has cleared the mode for the instauration of assorted ground-breaking medicinal techniques intended to lick the main planetary wellness concern.
Impact
The beingness of NGS kits providers of NGS kits successful regions specified arsenic North America and Europe has a large interaction connected the market. For instance, Illumina, Inc. is 1 of the planetary leaders successful providing technologically precocious sequencing and array-based solutions for genomic and familial investigation to authorities laboratories, world and probe institutions, hospitals, pharmaceuticals, commercialized molecular diagnostic laboratories, biotechnology, and user genomics companies. The institution besides provides sequencing solutions successful the tract of crab research.
Impact of COVID-19
The COVID-19 pandemic has resulted successful showcasing a affirmative interaction connected the wide market, owing to its accrued adoption for the diagnosis of respiratory microorganism i.e. coronavirus. NGS is simply a utile exertion for characterizing and uncovering viruses successful the environment, animals, and radical during viral pandemics.
Additionally, NGS tin connection adjuvant accusation to researchers and aesculapian professionals who are trying to make the champion imaginable attraction alternatives. Steps performed successful the COVID-19 investigating process see extracting RNA illustration from the patients, which is past reverse transcribed to cDNA, and past amplified utilizing PCR. Before the PCR step, however, a illustration room needs to beryllium prepared which is the astir time-consuming measurement of the full process. Thus, with the assistance of NGS kits, this protocol tin beryllium performed quickly. Therefore, with the emergence of COVID-19, the popularity of NGS kits has increased.
Recent Developments successful the Global NGS Kits Market
In June 2022, PerkinElmer Inc. introduced the room mentation kits i.e. NEXTFLEX Small RNA-Seq Kit v4, NEXTFLEX Rapid XP V2 DNA-Seq Kit and PG-Seq Rapid Kit v2.
In June 2022, Beckman Coulter, Inc. partnered with Integrated DNA Technologies to administer Biomek NGenius Next-Generation Sequencing Library Prep System. This strategy is simply a multipurpose liquid handler for NGS room preparation. The Biomek NGenius System is equipped with an FFPE DNA room prep kit and Integrated DNA Technologies' xGen cfDNA, which tin assistance researchers optimize room procreation from degraded, low-input samples specified arsenic the FFPE samples.
In March 2022, Illumina, Inc. launched the TruSight Oncology (TSO) Comprehensive (EU), a azygous trial that detects aggregate tumor genes and biomarkers to uncover the circumstantial molecular illustration of a patient's cancer. With its planetary motorboat successful Europe, the IVD kit is manufactured to pass precision medicine decisions for crab patients crossed the continent.
In February 2020, Thermo Fisher Scientific introduced a caller NGS-based solution that enables reproductive wellness researchers to analyse a wide scope of cardinal familial markers. The Ion Torrent CarrierSeq ECS Kit for the Ion GeneStudio S5 System consolidated a multi-platform attack to expanded bearer screening (ECS) into a azygous solution that expands the company's reproductive wellness probe portfolio.
Demand - Drivers and Limitations
The pursuing are the request drivers for planetary NGS kits market:
Increasing Incidence of Infectious Diseases and Genetic Disorders
Exponential Rise successful Next-Generation Sequencing (NGS) Demand owed to Reducing Cost of Genome Sequencing
Rising Research Funding successful the Genome Sciences
The marketplace is expected to look immoderate limitations excessively owed to the pursuing challenges:
Dearth of Skilled Professionals and Lack of Infrastructure successful Emerging Economies
Stringent Regulatory Standards Related to NGS
Key Market Players and Competition Synopsis
The companies that are profiled person been selected based connected inputs gathered from superior experts and analysing institution coverage, merchandise portfolio, and marketplace penetration. The starring apical conception players see NGS kit manufacturers that connection large products nether workflow specified arsenic room preparation, clump generation, and sequencing successful the market.
Some of the salient names established successful this marketplace are:
Agilent Technologies, Inc.
Bio-Rad Laboratories, Inc.
BGI Group
Creative Biogene.
Danaher.
F. Hoffmann-La Roche Ltd
Hologic, Inc.
Illumina, Inc.
New England Biolabs
Oxford Nanopore Technologies plc.
Pacific Biosciences of California, Inc.
PerkinElmer Inc.
Promega Corporation
QIAGEN N.V.
seqWell
Takara Bio Inc.
Tecan Trading AG
Thermo Fisher Scientific, Inc.
Twist Bioscience Corporation
Report Attribute | Details |
No. of Pages | 253 |
Forecast Period | 2022 - 2032 |
Estimated Market Value (USD) successful 2022 | $5298.3 Million |
Forecasted Market Value (USD) by 2032 | $26057.4 Million |
Compound Annual Growth Rate | 17.3% |
Regions Covered | Global |
Key Topics Covered:
1 Market Overview
2 Industry Insights
2.1 Industry Insights
2.1.1 Legal Requirements and Framework successful the U.S.
2.1.2 U.S. FDA Published Guidance:
2.1.3 U.S. FDA Regulations
2.1.4 Legal Requirements and Framework successful Europe
2.1.5 Legal Requirements and Framework successful Asia-Pacific
2.1.5.1 China
2.1.5.2 Japan
2.1.5.2.1 Pharmaceuticals and Medical Devices Agency (PMDA)
2.1.5.2.2 Ministry of Health, Labour, and Welfare (MHLW)
2.1.5.3 India
2.2 Industry Trends
2.3 Patent Analysis
2.3.1 Patent Filing Trend
2.3.2 Patent Analysis (by Year)
2.3.3 Patent Analysis (by Region)
2.3.4 Patent Analysis (by Country)
3 Market Dynamics
3.1 Overview
3.1.1 Market Drivers
3.1.1.1 Increasing Incidence of Infectious Diseases and Genetic Disorders
3.1.1.2 Exponential Rise successful Next-Generation Sequencing (NGS) Demand owed to Reducing Cost of Genome Sequencing
3.1.1.3 Rising Research Funding successful the Genome Sciences
3.1.2 Market Challenges
3.1.2.1 Dearth of Skilled Professionals and Lack of Infrastructure successful Emerging Economies
3.1.2.2 Stringent Regulatory Standards Related to NGS
3.1.3 Market Opportunities
3.1.3.1 Direct-to-Consumers Service connected Rise
3.1.3.2 Rising Application of NGS Kits successful Precision Medicine and Molecular Diagnostics
3.1.3.3 Increase successful Business and Corporate Strategy Expected to Further Strengthen the NGS Kits Market
3.1.4 COVID-19 Impact connected Global NGS Kits Market
3.1.4.1 Effect of COVID-19 connected R&D and Workforce
4 Competitive Landscape
4.1 Overview
4.1.1 Synergistic Activities
4.1.2 Product Launch and Product Approval
4.1.3 Mergers and Acquisitions
4.1.4 Funding Activities and Others
4.1.5 Market Share Analysis, 2020-2021
4.1.6 Growth-Share Analysis
4.1.6.1 Growth-Share Analysis (by Usage)
4.1.6.2 Growth-Share Analysis (by Application)
4.2 Supply Chain Analysis
4.2.1 Key Entities successful Supply Chain
5 Global NGS Kits Market, by Workflow, By Value ($Million), 2021-2032
5.1 Overview
5.2 Library Preparation
5.2.1 Library Preparation Kits
5.2.2 Target Enrichment Kits
5.3 Cluster Generation
5.4 Sequencing Reagents/Kits
5.4.1 DNA Sequencing Kits
5.4.2 RNA Sequencing Kits
6 Global NGS Kits Market, by Sequencing Type, By Value ($Million), 2021-2032
6.1 Overview
6.2 WES and WGS
6.3 Targeted Sequencing
6.4 Long-Read Sequencing
6.5 Other Sequencing
7 Global NGS Kits Market, by Usage Area, By Value ($Million), 2021-2032
7.1 Overview
7.2 Clinical
7.3 Research
8 Global NGS Kits Market, by Application, By Value ($Million), 2021-2032
8.1 Overview
8.2 Oncology
8.3 Rare Diseases
8.4 Genetic Disorders
8.5 Reproductive Health
8.6 Others
9 Global NGS Kits Market, by End-User, By Value ($Million), 2021-2032
9.1 Overview
9.2 Academic and Research Institutions
9.3 Pharmaceutical and Biotechnology Companies
9.4 Clinical and Diagnostic Laboratories
9.5 Others
10 Global NGS Kits Market, by Region, $Million, 2021-2032
11 Market - Competitive Benchmarking & Company Profiles
For much accusation astir this study sojourn https://www.researchandmarkets.com/r/hu0jjs
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