Next Generation Sequencing Market to See Double-Digit CAGR to 2022, Forecasts IQ4I in Its Discounted Report Available at MarketPublishers.com06 Dec 2016 • by Natalie Aster
LONDON – Over the past 5 years the sequencing cost has decreased to a great degree and this is supposed to have a colossal impact on the next generation sequencing (NGS) market in the years to come. There has been a huge reduction in the time and cost to sequence human genomes since the human genome was first sequenced decade ago, with the cost per person falling from around USD 3 billion to just USD 1,000 in one to two days.
Worldwide, the NGS sector is poised to gain healthy traction, witnessing a double-digit CAGR to surpass the USD 14.722 billion mark by 2022-end. High speed and lower costs of NGS technology, a wider usage in the clinical segment, novel application areas of NGS and a transition from microarrays to NGS, will likely stimulate the NGS market’s growth.
Nevertheless, issues such as standardisation of NGS for clinical management, intricacy in data interpretation, dearth of skilled labour and reliance on grants and financing for the development of NGS infrastructure could possibly restrain the market growth.
Discounted research report “Next Generation Sequencing (NGS) Global market - Forecast to 2022” drawn up by IQ4I offers an up-close, comprehensive look at the market on a global level. The research publication offers detailed market segmentation by technology, type of product, application, end-use sector, and based on region like North America, Europe, APAC and RoW. The report carefully describes and canvasses the factors that have a bearing on the market growth and expansion such as drivers and opportunities, restraints and threats. Furthermore, the stury delves deep into an investigation of the various technological advances such as nanopore sequencing based techniques, LaserGen's lightening terminator chemistry, GenapSys' GENIUS, etc. It gives a detailed look at the regulatory affairs is given, covers Porter’s five force analysis, keeps track of patent trends, contains market share analysis by the leading players. An overview of the different company developments like new product launches, partnerships & collaborations, agreements, M&As, among others, is available. The report also profiles the top companies and provides future projections for the marketplace through 2022.
More discounted and new research studies by IQ4I are available at its page.