NGS Sample Preparation Market Drivers, Trends, and Forecast by 2031

MARKET OVERVIEW

The NGS sample preparations determine components in the samples, such as blood, urine, and others, in animals. The type of analyzers includes urine analyzers, blood gas & electrolyte analyzers, glucometers, and others used by medical labs, hospitals, and people at home. There are several types of tests used by blood analyzers, including cell counters for blood counts, immunoassays for detecting antibodies, tests for ions that measure voltage differences, and others.

MARKET SCOPE

The "Global NGS Sample Preparation Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the NGS sample preparation market with detailed market segmentation by product type, workflow, technology, application, end user, and geography. The report provides key statistics on the market status of the leading NGS sample preparation market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on product type, the global NGS sample preparation market is segmented into sequencer systems, consumables & reagents.
  
•   Based on workflow, the global NGS sample preparation market is segmented into target enrichment, library preparation, quality control.
  
•   Based on technology, the global NGS sample preparation market is segmented into ion semiconductor sequencing, sequencing by synthesis (SBS), nanopore sequencing, single-molecule real-time sequencing (SMRT), others.
  
•   Based on application, the global NGS sample preparation market is segmented into diagnostics, drug discovery, agricultural and animal research, others.
  
•   Based on end user, the market is segmented into hospitals & clinics, pharmaceutical & biotechnology companies, academic institutes & research centers, others.
  

MARKET DYNAMICS

Drivers:

•   Advancements in NGS Platforms
  
•   Declining Cost of Sequencing
  
•   Improving Reimbursement Scenario for NGS-Based Diagnostic Tests
  

Restraints:

•   End User Budget Constraints in Developing Countries
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The NGS sample preparation market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 America after evaluating political, economic, social and technological factors affecting the NGS sample preparation market in these regions.

IMPACT OF COVID-19 ON NGS SAMPLE PREPARATION MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. The market payers from NGS sample preparation market are anticipated to lucrative growth opportunities in the future with the rising demand for NGS sample preparation in the global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the NGS sample preparation market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the NGS sample preparation market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Agilent Technologies, Inc.
  
•   Becton, Dickinson and Company
  
•   Beckman Coulter
  
•   F. Hoffmann-La Roche AG
  
•   Illumina, Inc.
  
•   New England Biolabs, Inc.
  
•   Nugen Technologies, Inc.
  
•   Oxford Gene Technology
  
•   Oxford Nanopore Technologies, Ltd.
  
•   Perkinelmer, Inc.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

NGS Sample Preparation Report Scope