The Next Generation Sequencing market is expected to reach USD 10,371.1 Million by 2021 from USD 4,031.7 Million in 2016, at a CAGR of 20.8%. Next-generation sequencing refers to non-Sanger-based high-throughput DNA sequencing technologies.
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Next-Generation Sequencing (NGS) Market worth 10,371.1 Million USD by 2021
The report"Next-Generation Sequencing (NGS) Marketby Platforms (HiSeq, MiSeq, HiSeq X Ten/X
Five, Nextseq500, Ion Proton, PGM, IonS5, PacBio & Sequel), Services (Targeted Sequencing, De
novo), & Application (Diagnostic, Drug Discovery) - Global Forecasts to 2021", The NGS market is
expected to reach USD 10,371.1 Million by 2021 from USD 4,031.7 Million in 2016, at a CAGR of20.8%.
The report provides a detailed overview of the current trends and major drivers, restraints, opportunities,
and challenges impacting the global NGS market along with the estimates and forecasts of the revenue
and market share analysis.
The global next generation sequencing market is poised to witness rapid growth between 2016 and 2021.
Technological advancements in NGS products, increasing applications of NGS, entry of new market
players, growing partnerships & collaborations among market players, and growing incidences of cancer,
inherited rare disorders, and pre- and neo-natal disorders will majorly drive the NGS market.
This report broadly segments the global next generation sequencing market into products & services,
technology, application, and end user. The NGS market, by products & services is segmented into pre-
sequencing products & services, NGS platforms, consumables, sequencing services, data
analysis/bioinformatics. The pre-sequencing products & services segment if further categorized into DNA
fragmentation. End repair, A-tailing, & size selection; library preparation & target enrichment; and quality
control. The NGS platforms segment is sub-segmented into HiSeq Series, MiSeq Series, HiSeq X Ten &
X Five, NextSeq500, Ion PGM, ION Proton, Ion S5 & S5 XL, PacBioRS II, and Sequel System. Based on
applications, the sequencing services market is segmented into targeted sequencing, whole-genome
sequencing, exome sequencing, RNA-Seq, De novo sequencing, Methyl-Seq, and ChiP-seq.
On the basis of technology, the global next generation sequencing market is segmented into sequencing
by synthesis (SBS), ion semiconductor sequencing, sequencing by ligation (SBL), pyrosequencing, and
single-molecule real-time (SMRT) sequencing. In 2016, the SBS technology is expected to account for
the largest share of the global NGS market, by technology.
Based on application, the global NGS market is segmented into diagnostics, drug discovery, biomarker
discovery, personalized medicine, agriculture & animal research, and others (marine, forensic, & biofuel
research). In 2016, the diagnostics application segment is expected to account for the largest share of the
NGS market, by application.
The end users of NGS market include research centers & academic/government institutes, hospitals &
clinics, pharmaceutical & biotechnology companies, and others (non-profit organizations & agrigenomics
organizations). In 2016, the research centers & academic/government institutes end user segment is
expected to account for the largest share of the NGS market, by end user.
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