Sequencing plays a large role in cancer research. Projects such as The Cancer Genome Atlas are sequencing large number of tumor tissue samples to study the genetic irregularities which drive the growth of various types of cancer. Sequencing has also helped researchers track various changes in the genomic stripes over time, which eventually lead to causing cancer. By sequencing the DNA in a tumor before and after treatment, researchers can also learn the changes a cancer tumor goes through while it adapts to treatment and potentially becomes resistant to it.
The global DNA next generation sequencing market is expected to reach US$ 22,716.9 Mn in 2025 from US$ 4,898.5 Mn in 2017. The market is estimated to grow with a CAGR of 21.7% from 2018-2025. The report highlights the trends prevalent in the global DNA next generation sequencing market and the factors driving the market along with those that act as restraints to its growth. The global DNA next generation sequencing market is witnessing a sheer rise in the current scenario and is expected to expand in the coming years. Increasing incidences of cancer is an important factor expected to propel the demand of DNA next generation sequencing market.
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Next-generation sequencing (NGS), also known as high-throughput sequencing. NGS enables rapid sequencing of the base pairs in DNA samples. NGS is driving discovery and enabling the future of personalized medicine, genetic diseases, and clinical diagnostics. Key factors driving the growth of DNA next generation sequencing market are, increase in cancer prevalence, rise in funds and grants, focus of industry players and various meetings, conferences, workshops The report would be of an interest to various stakeholders operating in the DNA next generation sequencing market. These stakeholders include healthcare institutes, research institutes, infusion pumps product manufacturers and vendors, research consulting firms, service or product providers, distributors and others.
The objective of the study is to describe, define, and forecast the DNA next generation sequencing market by product, application, end user, and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall DNA next generation sequencing market.
The report analyzes factors affecting market from both demand and supply side and further evaluates DNA next generation sequencing market dynamics effecting the DNA next generation sequencing market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key manufacturing companies along with their SWOT analysis and market strategies. Some of the prominent players operating in DNA next generation sequencing market globe include, Illumina, Inc., Thermo Fisher, Qiagen N.V., Beijing Genomics Institute, PerkinElmer, Inc., F.Hoffman-La Roche Ltd., Agilent Technologies, Eurofins Scientific, Oxford Nanopore Technologies Ltd. and Macrogen Inc.
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