Straits Research has released its latest market report on the global Next-Generation Sequencing (NGS) sample preparation market, revealing strong growth trends and promising opportunities. The market was valued at USD 1.41 billion in 2021 and is projected to reach USD 5.38 billion by 2030, growing at an impressive CAGR of 14.32% during the forecast period (2022–2030).
Market Overview and Definition
The NGS sample preparation market comprises instruments, reagents, and consumables designed to prepare biological samples for sequencing. These preparations are essential to ensure high-quality data output and successful sequencing, making them a critical component in genomics research, diagnostics, and personalized medicine.
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Market Dynamics
Key Trends:
Automation in NGS Sample Preparation: Automation technologies have significantly streamlined sample preparation workflows, enhancing throughput and reducing human errors.
Rising Adoption of Personalized Medicine: The growing emphasis on personalized healthcare has increased the demand for advanced NGS technologies, particularly in disease diagnostics and treatment.
Market Drivers:
Surging Genomic Research Activities: Increasing investment in genomic studies and research is driving the adoption of NGS technologies worldwide.
Growing Prevalence of Genetic Disorders: The rising incidence of genetic disorders and cancers has amplified the need for precise diagnostic tools, propelling the demand for NGS sample preparation.
Market Opportunities:
Expansion in Emerging Markets: Rapid healthcare advancements in Asia-Pacific and Latin America present significant growth potential for NGS sample preparation technologies.
Technological Advancements in Sequencing: Continuous innovation in sequencing technologies and the development of novel sample preparation kits are creating lucrative opportunities for market players.
Market Segmentation
By Product
NGS Sample Preparation Instruments
NGS Sample Preparation Kits, Reagents, and Consumables
By Workflow
Library Preparation
DNA
Human Whole Genome Sequencing (WGS)
Targeted Sequencing
Whole Exome Sequencing (WES)
Others
RNA
Gene Expression Analysis
Whole Transcriptome Sequencing
Others
Target Enrichment
Targeted Seq
WES
Others
Quality Control
By Technology
Sequencing by Synthesis (SBS)
Ion Semiconductor Sequencing
Single-Molecule Real-Time (SMRT) Sequencing
Nanopore Sequencing
Others
By Application
Disease Diagnostics
Cancer Diagnostics
Reproductive Health Diagnostics
Infectious Disease Diagnostics
Other Disease Diagnostic Applications
Drug Discovery
Agricultural and Animal Research
Other Applications
By End-User
Academic Institutes and Research Centers
Hospitals & Clinics
Pharmaceutical & Biotechnology Companies
Others
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Regional Insights
Dominated Region: North America holds the largest market share, driven by advanced healthcare infrastructure and significant investment in genomics research.
Fastest Growing Region: Asia-Pacific is anticipated to witness the highest growth rate, fueled by increasing healthcare expenditure and growing adoption of NGS technologies.
Competitive Landscape
The NGS sample preparation market is highly competitive, with key players focusing on innovation, partnerships, and geographic expansion. Leading companies include:
Thermo Fisher Scientific, Inc.
QIAGEN
Hoffmann-La Roche Ltd.
Merck KGaA
Promega Corporation
Agilent Technologies
Integrated DNA Technologies, Inc.
Illumina, Inc.
Tecan Trading AG
New England Biolabs
Conclusion
The NGS sample preparation market is poised for substantial growth, driven by advancements in sequencing technologies, increasing genomic research activities, and the rising prevalence of genetic disorders. Industry stakeholders are expected to capitalize on emerging opportunities in automation and personalized medicine to sustain long-term growth.
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