Market Overview:
The global library preparation and target enrichment for next generation sequencing product market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for NGS products in various applications such as hospital, clinic, and others. Additionally, the increasing focus on precision medicine is also propelling the growth of this market. North America dominates the global library preparation and target enrichment for next generation sequencing product market followed by Europe and Asia Pacific.
Product Definition:
Library Preparation and Target Enrichment for Next Generation Sequencing Product is the process of preparing a DNA sample for sequencing. The library preparation method determines the read depth and coverage of the sequencing experiment. The target enrichment method allows specific regions of interest to be sequenced at high depths, increasing the sensitivity and specificity of the assay.
BGI NGS System Launch:
BIG- sequencing genomics information generation - is a new technology that has been applied in the field of genetic research. It allows the processing and analysis of very long DNA sequences which are several thousand bases long. BIG- NGS system launch, it's usage and growth factor in library preparation & target enrichment for next generation sequencing product market will be analyzed through two main lenses: Technology Lenses and Application Lenses.
Illumina HiSeq X Five:
The global Illumina HiSeq X Five and it's usage in library preparation and target enrichment for next generation sequencing product market size was valued at USD 856.5 million in 2016. It is expected to witness a CAGR of XX% during the forecast period. Rising demand for personalized medicine and genome-based testing is anticipated to drive growth over the coming years.
Application Insights:
The hospital application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising prevalence of cancer, genetic diseases, and other rare disorders has resulted in increased demand for NGS services across hospitals and healthcare centers worldwide.
In addition, increasing adoption of NGS technology for personalized medicine through targeted sequencing is expected to drive growth during the study period. Moreover, rising investments by companies such as Illumina in R&D activities pertaining to library preparation are likely to propel industry expansion over the coming years. For instance, Illumina collaborated with BGI on April 12th 2018 wherein they reached an agreement regarding an investment worth USD 250 million over 10 years for ¢â‚¬Å“Personal Genome Service¢â‚¬ joint venture that will enable customers access both companies' labs via one location (San Diego).
Regional Analysis:
North America dominated the global market in 2017. This is attributed to the presence of a large number of players, high adoption rate for advanced technologies, and increasing investment by companies for development of novel products. Moreover, rising prevalence of genetic disorders has led to increased focus on NGS platforms that enable detection and analysis of mutations present in coding regions thereby boosting regional growth.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure leading to better diagnosis & treatment options for patients coupled with growing awareness about these platforms among individuals affected with rare diseases or healthy individuals at risk from genetic disorders who are willing to undergo testing procedures at lower costs than others. Furthermore, government initiatives promoting health care access & coverage along with favorable regulatory policies are anticipated boost regional demand during the forecast period (2018-2030).
Growth Factors:
- Increasing demand for sequencing services due to the rise in applications of NGS technology in life sciences research and clinical diagnostics.
- Growing number of next-generation sequencing platforms and kits that are commercially available, which is driving down the cost of sequencing and making it more accessible to researchers and clinicians.
- Proliferation of targeted enrichment products that allow researchers to sequence specific regions or genes with greater accuracy and efficiency.
- Advances in bioinformatics software that are helping researchers analyze large amounts of data generated by NGS experiments more quickly and effectively.
- Increased funding for life sciences research from public and private sources, which is supporting the growth of the NGS market overall
Scope Of The Report
Report Attributes
Report Details
Report Title
Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Research Report
By Type
BGI NGS System Launch, Illumina HiSeq X Five, Fluidigm, Eznymatics Archer Fusion Plex, Illumina Launches New HiSeq X Ten Reagent Kits, Roche SeqCap RNA, Agilent Sure Select Focused Exome
By Application
Hospital, Clinic, Others
By Companies
Fluidigm , Illumina , Agilent Technologies , Roche, Pacific Biosciences , Qiagen , Thermo Fisher Scientific
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Report Segments:
The global Library Preparation and Target Enrichment for Next Generation Sequencing Product market is segmented on the basis of:
Types
BGI NGS System Launch, Illumina HiSeq X Five, Fluidigm, Eznymatics Archer Fusion Plex, Illumina Launches New HiSeq X Ten Reagent Kits, Roche SeqCap RNA, Agilent Sure Select Focused Exome
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FluidigmÂ
- IlluminaÂ
- Agilent TechnologiesÂ
- Roche
- Pacific BiosciencesÂ
- QiagenÂ
- Thermo Fisher Scientific
Highlights of The Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- BGI NGS System Launch
- Illumina HiSeq X Five
- Fluidigm
- Eznymatics Archer Fusion Plex
- Illumina Launches New HiSeq X Ten Reagent Kits
- Roche SeqCap RNA
- Agilent Sure Select Focused Exome
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Library Preparation and Target Enrichment for Next Generation Sequencing Product Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Library preparation and target enrichment for next generation sequencing products are the steps taken to ensure that the sequencing data is of high quality. These steps include removing low-quality sequences, amplifying desired genes, and selecting appropriate primers.
Some of the major players in the library preparation and target enrichment for next generation sequencing product market are Fluidigm‚Â , Illumina‚Â , Agilent Technologies‚Â , Roche, Pacific Biosciences‚Â , Qiagen‚Â , Thermo Fisher Scientific.
The library preparation and target enrichment for next generation sequencing product market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market - Supply Chain
4.5. Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Forecast
4.5.1. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size (000 Units) and Y-o-Y Growth
4.5.3. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Absolute $ Opportunity
5. Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Type
5.3.1. BGI NGS System Launch
5.3.2. Illumina HiSeq X Five
5.3.3. Fluidigm
5.3.4. Eznymatics Archer Fusion Plex
5.3.5. Illumina Launches New HiSeq X Ten Reagent Kits
5.3.6. Roche SeqCap RNA
5.3.7. Agilent Sure Select Focused Exome
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Demand Share Forecast, 2019-2026
9. North America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Type
9.7.1. BGI NGS System Launch
9.7.2. Illumina HiSeq X Five
9.7.3. Fluidigm
9.7.4. Eznymatics Archer Fusion Plex
9.7.5. Illumina Launches New HiSeq X Ten Reagent Kits
9.7.6. Roche SeqCap RNA
9.7.7. Agilent Sure Select Focused Exome
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Library Preparation and Target Enrichment for Next Generation Sequencing Product Demand Share Forecast, 2019-2026
10. Latin America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Type
10.7.1. BGI NGS System Launch
10.7.2. Illumina HiSeq X Five
10.7.3. Fluidigm
10.7.4. Eznymatics Archer Fusion Plex
10.7.5. Illumina Launches New HiSeq X Ten Reagent Kits
10.7.6. Roche SeqCap RNA
10.7.7. Agilent Sure Select Focused Exome
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Library Preparation and Target Enrichment for Next Generation Sequencing Product Demand Share Forecast, 2019-2026
11. Europe Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Application
11..1. Hospital
11.4.2. Clinic
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Type
11.7.1. BGI NGS System Launch
11.7.2. Illumina HiSeq X Five
11.7.3. Fluidigm
11.7.4. Eznymatics Archer Fusion Plex
11.7.5. Illumina Launches New HiSeq X Ten Reagent Kits
11.7.6. Roche SeqCap RNA
11.7.7. Agilent Sure Select Focused Exome
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Library Preparation and Target Enrichment for Next Generation Sequencing Product Demand Share, 2019-2026
12. Asia Pacific Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Type
12.7.1. BGI NGS System Launch
12.7.2. Illumina HiSeq X Five
12.7.3. Fluidigm
12.7.4. Eznymatics Archer Fusion Plex
12.7.5. Illumina Launches New HiSeq X Ten Reagent Kits
12.7.6. Roche SeqCap RNA
12.7.7. Agilent Sure Select Focused Exome
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Library Preparation and Target Enrichment for Next Generation Sequencing Product Demand Share, 2019-2026
13. Middle East & Africa Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Library Preparation and Target Enrichment for Next Generation Sequencing Product Market Size and Volume Forecast by Type
13.7.1. BGI NGS System Launch
13.7.2. Illumina HiSeq X Five
13.7.3. Fluidigm
13.7.4. Eznymatics Archer Fusion Plex
13.7.5. Illumina Launches New HiSeq X Ten Reagent Kits
13.7.6. Roche SeqCap RNA
13.7.7. Agilent Sure Select Focused Exome
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Library Preparation and Target Enrichment for Next Generation Sequencing Product Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Library Preparation and Target Enrichment for Next Generation Sequencing Product Market: Market Share Analysis
14.2. Library Preparation and Target Enrichment for Next Generation Sequencing Product Distributors and Customers
14.3. Library Preparation and Target Enrichment for Next Generation Sequencing Product Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fluidigm
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Illumina
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Agilent Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Roche
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Pacific Biosciences
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qiagen
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thermo Fisher Scientific
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3.
