DUBLIN, October 24, 2017 /PRNewswire/ --

The "Next Generation Sequencing Market" report has been added to Research and Markets' offering.

The Global next generation sequencing market was estimated to be $4,146.9 million in 2016 and is projected to reach $11,925.2 million, witnessing a CAGR of 13.61% for the forecast period from 2017 to 2024.

With huge increase in demand for genome mapping programs and diagnostics tests based on sequencing, NGS market is expected to witness impressive growth and promises to be a lucrative field for investment. In addition, the field of service providers for sequencing tests and the applications based on genome sequencing is perceived to be a lucrative business all over the globe. With the impressive rise in demand for sequencing based diagnostics applications namely NIPT and liquid biopsy, the service providing companies have gained popularity and acceptance all over the globe.

Sequencing of first human genome by utilizing sanger sequencing technology took around 15 years, while costing approximately $2.7 billion. Impressive advancement in field of technical engineering, molecular biology, and sequencing chemistry have profoundly effected the sequencing efficiency. This has paved the way for the development of Next Generation Sequencing (NGS). NGS is a massively parallel, high-throughput sequencing technology which allows sequencing of million of fragments in a single run. To date, evolution of NGS technology has drastically decreased the cost of sequencing from $10 million to $1000. And further progress of NGS technology is expected to decrease the sequencing cost to $100.

This report consists of four segments as following:

1. Global NGS Market, by Technology
a. Ion Torrent Semiconductor Sequencing
b. Reversible Terminator Sequencing
c. Single Molecule Real Time Sequencing
d. Nanopore Sequencing

2. Global NGS Market, by Product
a. Instruments
b. Kits and Panels
c. Software

3. Global NGS Market, by Application
a. Pharmaceuticals
b. Diagnostics
c. Agricultural and Animal Research
d. Forensic

4. Global NGS Market, by Region
a. North America
b. Europe
c. Asia Pacific
d. Rest of the World

Key Topics Covered:

1 Executive Summary
1.1 Introduction
1.2 Market Overview

2 Report Scope and Methodology

3 Market Dynamics
2.1 Market Overview
2.2 Drivers
2.3 Restraints
2.4 Opportunities
2.5 Challenges
2.6 Industry Analysis - Porter's

4 Competitive Landscape

5 Funding Scenario

6 Global Next Generation Sequencing Market, by Technology
6.1 Ion Torrent Semiconductor Sequencing
6.2 Reversible Terminator Sequencing
6.3 Single Molecule Real Time Sequencing
6.4 Nanopore Sequencing

7 Global Next Generation Sequencing Market, by Product
7.1 Instruments
7.2 Kits & Panels
7.3 Software

8 Global Next Generation Sequencing Market, by Application
8.1 Pharmaceuticals
8.2 Diagnostics
8.3 Agricultural and Animal Research
8.4 Forensics
8.5 Others

9 Global Next Generation Sequencing Market, by Geography

10 Company Profiles
10.1 10x Genomics
10.2 Agilent Technologies, Inc.
10.3 BGI
10.4 bioMerieux SA
10.5 Bio-Rad Laboratories, Inc.
10.6 Eurofins Scientific
10.7 F. Hoffmann-La Roche AG
10.8 GATC Biotech AG.
10.9 GenapSys, Inc.
10.1 GENEWIZ
10.11 Illumina, Inc.
10.12 New England Biolabs, Inc.
10.13 NuGEN Technologies Inc.
10.14 Oxford Nanopore Technologies Limited
10.15 Pacific Biosciences of California, Inc.
10.16 Partek, Inc.
10.17 PerkinElmer, Inc.
10.18 QIAGEN
10.19 Thermo Fisher Scientific

For more information about this report visit https://www.researchandmarkets.com/research/qvdwps/next_generation

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SOURCE Research and Markets