“Industry Analysis of Next Generation Sequencing Market
Global Next Generation Sequencing Industry is valued approximately USD 3.5 billion in 2016. The Industry growth is majorly attributed to the factors such as growing applications of next generation sequencing and rising technological innovations in sequencing platforms. Further increasing demand for drug discovery and rising research spending are other prominent factors fueling the growth in the Industry? However, data storage and analysis are still a major concern before handling the complex sequencing data.
Among various NGS technologies discussed in the report, the SBS technology accounted for the largest revenue share of the Industry in 2016. Development of advanced NGS platforms and the increasing demand for Illumina’s systems are the primary growth attributes for the development of SBS technology. Further, on the basis of applications, the Industry is dominated by diagnostic applications with highest revenue share in 2016.
To Access PDF Sample Report, Click here: https://www.alexareports.com/report-sample/9019
Companies are constantly focusing on the development of NGS based diagnostic tests. In July 2017, FDA has approved first NGS-based diagnostic test to Thermo Fisher Scientific. This is likely to spur the companies test procedures over the forecasts period.
Next Generation Sequencing Market reports convey knowledge and master examination into key buyer patterns and conduct in commercial center, notwithstanding a review of the market information and key brands. Next Generation Sequencing Industry reports give all information effectively edible data to direct every specialist’s future development and push business ahead.
Based on demand and methods presently deployed by market key players, the global Next Generation Sequencing Market report provides wisely analyzed and thorough and forecasts of the structured market growth rates in the future. For best analysis, the report divides the market into different segmentation product, application, and unmistakable techniques and frameworks of the global market Next Generation Sequencing Market based on various parameters, including applications, product or service quality, and methods.
Based on Profile & Business Performance Outstanding Competitors in the market are – Life Sciences Corporation (Roche Holding), Agilent Technologies, Inc., Beijing Genomics Institute, GE Healthcare, Illumina Inc., Newgene Ltd., Novartis, OXFORD GENE TECHNOLOGY, OXFORD NANOPORE TECHNOLOGIES.
The research report highlights the size, share, trends and growth analysis of the Next Generation Sequencing market on a global level.
Analysis based on competence and estimation of the global Next Generation Sequencing Market is crafted through assess able methods to attain a clear insight of current and expected growth patterns. The report also contains the market distribution based on the geographical location around the globe and also the key markets such as United States, China, Japan and India.
Avail discount while purchasing this report @ https://www.alexareports.com/check-discount/9019
The report answers the below mentioned key questions:
- What will be the growth drivers for the Next Generation Sequencing market in future?
- Which products are expected to show growth throughout the forecast period and why?
- Which geographical region will show growth and why?
- What are the key factors affecting the market prospects?
- What are the growth drivers, barriers and challenges in the Next Generation Sequencing Market?
- What are the challenges, restrainers and competitive threats to the market?
Buy Full Report @ https://www.alexareports.com/checkout/9019
This data has been validated by the business investigators, giving huge bits of knowledge to the scientists, data analysts, directors, and other industry experts. The study deeply helps in understanding the market patterns, applications, determinations and industry obstacles.
Customization of the Report
• In case of any queries or customization requirements please connect with our sales team, who will ensure that your requirements are met.
Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data. Alexa Reports is a globally celebrated premium market research service provider, with a strong legacy of empowering business with years of experience. We help our clients by implementing decision support system through progressive statistical surveying, in-depth market analysis, and reliable forecast data.
This post was originally published on Space Market Research