NGS Sample Preparation Market

NGS Sample Preparation Market Size, Trends & Analysis - Forecasts to 2026 By Product type [Instruments and Kits, Reagents and Consumables], By Application [Drug & Biomarker Discovery, Diagnostics, Precision Medicine and Others], By End-User [Hospitals & Clinical Diagnostic Centres, Biotechnology & Pharmaceutical Companies, Academic & Research Institutes and Others], Competitive Landscape, Company Market Share Analysis, and Competitor Analysis.

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NGS Sample Preparation Market Insights

NGS is a technique for assessing the DNA/RNA sequence to analyze genetic diversity linked to disease or other biological phenomena. This technique, which was first commercially available in 2005, was dubbed "parallel processing sequencing" because it allowed for the simultaneous sequencing of several Stranded DNA rather than one at a time, as with conventional Sanger sequencing by capillary electrophoresis.

In today's genetic testing world, all of these technologies are useful. Chain termination sequencing is ideal for testing small groups of gene targets, which samples and can be completed in one day. Chain termination sequencing is still the gemstone-like sequencing technology, so NGS findings are often double-checked for it.NGS allows for the simultaneous analysis of hundreds or even thousands of genes in several samples, as well as the detection and study of various genomic features in a sequencing run, ranging from single nucleotide variants to duplicate numbers and structural variants and perhaps even RNA combinations. NGS offers the best performance per cycle, allowing studies to be completed easily and affordably. In comparison to Sanger sequencing, NGS has smaller sampling input criteria, greater precision, and the ability to identify variants at low allele morph frequencies. NGS has revolutionized genetic studies with its speed, efficiency, and precision, enabling innovations & applications in genetic and clinical research, reproductive health, ecological, agriculture, and forensic science. 

NGS can be used in clinical practice to enhance clinical care in a variety of ways, including:

Compared to Chain termination sequencing, NGS identifies a wider range of genetic variations -Small base modifications, DNA deletions, and even insertions, massive genetic deletions of exons or even whole genomes, and transformations such as inversions and translocations are all examples of DNA heterogeneity in the human genome.

Genomes can be examined scientifically -Capillary sequencing is reliant on prior understanding of the genes or locus being studied. NGS, on the other hand, is fully non-selective and is used to examine whole genomes or exomes to find completely new variants and illness-causing genes.

NGS's improved ability helps it to detect mosaic variants -Mosaic variations occur as a result of a post-fertilization process, and they appear at varying frequencies in a person's cells and tissues. Capillary sequencing can ignore these variants because they often present with a subtlety that is beyond the technology's ability. Since NGS sequencing has a much more accurate publish, it can be used to detect variants found in only a few hundred cells, such as mosaic variation.

The key market forces that accelerate the NGS Sample Preparation market are the advancement and rising technology in NGS platforms, lower cost of sequencing and the scenario improving for reimbursement are the factors that are helping the NGS market to grow. Further, the use of NGS applications also has increased which is adding fuel to this market. As there are improvements in sequencing technology for the expansion of the capacity, the boundaries have also widened up for sample preparation protocols. Continuous innovations in NGS sample preparation also has led to an increase in the NGS market.

NGS Sample Preparation Market

NGS Sample Preparation Market: By Product type

Based on the product type, the NGS Sample Preparation market can be differentiated asInstruments and Kits, Reagents and Consumables. The reagents and consumables segment is likely to occupya major chunk of the market during the coming years. Factors like the lower cost of sequencing, the accessibility of cost-effective and innovative NGS platforms, the uses of NGS in areas such as drug and biomarker discovery, diagnostics, agro-genomics, and animal testing, the sequencing research, and the accessibility of research grants have all contributed to the development of NGS.

NGS Sample Preparation Market: By Application

Based on application, the NGS Sample Preparation market is divided into Drug & Biomarker Discovery, Precision Medicine, and Diagnostics among Others. The diagnostics segment is expected to hold for the largest share in the market during forecast years owing to a rise in the number of cancer cases around the world, attractive payment scenarios for NGS-based testing in the United States, and leading industry players' increased emphasis on improving NGS-based cancer and NIPT services and products.

NGS Sample Preparation Market: By End-User

Based on end-user, the market is divided and explained intoHospitals & Clinical Diagnostic Centres, Biotechnology companies, Pharmaceutical Companies, and Academic & Research Institutes among others. Clinical Diagnostic Centres are assumed to be a dominant end-user and will register a highgrowth rate between 2021-2026. This is attributed due to the widespread use of next-generation sequencing in cancer science, especially in the detection of new cancer-related genes, the analysis of tumor heterogeneity, and the recognition of tumor-related modifications. Increased investment from government departments is projected to improve revenue production by increasing the integration of NGS technology in various laboratories.

NGS Sample Preparation Market

NGS Sample Preparation Market: By Region

North American region has shown significant improvement in past years in this market. This will continue to rise in the projected years. The region's parallel advances in next-generation sequencing, personalized medicine, and participants in the form are contributing to the market's expected expansion.Besides that, the biotechnology and ancillary industries in this area are being driven by strong R&D funding, a technically sophisticated medical research framework, and the participation of significant players.The presence of key NGS sample providers such as Agilent Technologies, PerkinElmer Inc, Thermo Fisher, and Pacific Biosciences among othersis boosting the market growth in the region.

NGS Sample Preparation Market Share and Competitor Analysis

Key providers include QIAGEN, Tecan Trading AG, Thermo Fisher Scientific, Inc., New England Biolabs, Merck KGaA, Integrated DNA Technologies, F. Hoffmann-La Roche Ltd., Illumina, Inc, Agilent Technologies, Oxford Gene Technology, Promega Corporation, Swift Biosciences Inc, and Perkinelmer, Inc among others.

Please note: This is not an exhaustive list of companies profiled in the report.

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The NGS Sample Preparation Market has been studied from the year 2019 till 2026. However, the CAGR provided in the report is from the year 2021 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

NGS Sample Preparation Market

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the NGS Sample Preparation Market.

NGS Sample Preparation Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

NGS Sample Preparation Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

NGS Sample Preparation Market

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