NGS Sample Preparation Market Size, Share, Trends, Growth 2032

NGS Sample Preparation Market

NGS Sample Preparation Market By Workflow (Target Enrichment and Library Preparation), By Product (Consumables & Reagents and Workstations), By Technology (Nanopore Sequencing, Sequencing by Synthesis, Single Molecule Real Time Sequencing, and Ion Semiconductor Sequencing), and By Application (Drug Discovery, Animal & Agricultural Research, Diagnostics, Precision Medicine, Biomarker Discovery, and Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2024-2032

Category: Biotechnology Report Format : PDF Pages: 110 Report Code: ZMR-4162 Published Date: Apr-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 1.95 Billion USD 5.20 Billion 11.48% 2023

NGS Sample Preparation Market: Industry Perspective

The global ngs sample preparation market size was worth around USD 1.95 billion in 2023 and is predicted to grow to around USD 5.20 billion by 2032 with a compound annual growth rate (CAGR) of roughly 11.48% between 2024 and 2032.

Global NGS Sample Preparation Market SizeRequest Free Sample

The report covers a forecast and an analysis of the NGS sample preparation market on a global and regional level. The study provides historical data from 2018 to 2022 and a forecast from 2024 to 2032 based on revenue (USD Billion). The study includes drivers and restraints of the NGS sample preparation market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the NGS sample preparation market on a global and regional level.

NGS Sample Preparation Market: Growth Drivers

Next-generation sequencing (NGS) is one of the high-throughput methods for DNA sequencing and uses the concept of massively parallel processing. It is also referred to as massively parallel sequencing. NGS platforms vary in sequencing chemistry and engineering configurations. NGS technologies were developed between 1994 and 1998 and have been available commercially from 2005. NGS techniques enable the determination of RNA structures. The use of NGS has enabled sequencing of the entire human genome in a single day. NGS technologies have increased the speed and precision of genome sequencing.

Growing incidence of genetic disorders, improvements in NGS platforms, decreasing sequencing costs, enhancing reimbursement situation for diagnostic examinations based on NGS, rising number of research projects in genome research, and growing demand for nucleic acid sequencing will be majorly driving the growth of the global NGS sample preparation market. Technological innovations in sample planning techniques and the rising popularity of personalized medicine will create new growth opportunities related to drug discovery for the players operating in the NGS sample preparation market.

However, the high cost of NGS and strict NGS-related guidelines in some countries may restrict the NGS sample preparation market development in the future.

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In order to give the users of this report a comprehensive view of the NGS sample preparation market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides a company market share analysis to give a broader overview of the key players in the NGS sample preparation market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

NGS Sample Preparation Market : Report Scope

Report Attributes Report Details
Report Name NGS Sample Preparation Market Research Report
Market Size in 2023 USD 1.95 Billion
Market Forecast in 2032 USD 5.20 Billion
Growth Rate CAGR of 11.48%
Number of Pages 215
Key Companies Covered QualiTru Sampling Systems, Sartorius Stedim Biotech, GEA Group, Danaher Corporation, Keofitt, Thermo Fischer Scientific, Saint Gobain, Trace Analytics, Merck, Lonza, and Gore & Associates
Segments Covered By Workflow, By Product, By Technology, By Application and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

NGS Sample Preparation Market: Segmentation

The study provides a decisive view of the NGS sample preparation market by segmenting it based on workflow, product, technology, application, and region.

Based on workflow, the NGS sample preparation market includes target enrichment and library preparation (RNA and DNA). The product segment includes consumables and reagents and workstations. The consumables and reagents segment is anticipated to hold the largest market share in the future. The technology segment includes nanopore sequencing, sequencing by synthesis (SBS), single molecule real-time (SMRT) sequencing, and ion semiconductor sequencing.

The application segment includes drug discovery, animal and agricultural research, diagnostics, precision medicine, biomarker discovery, and others. Increasing cases of cancer and advantageous reimbursement situation for NGS-based examinations are fuelling the dominant share of the diagnostics segment globally.

NGS Sample Preparation Market: Regional Analysis

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further classification into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.

North America is the dominant region in the global NGS sample preparation market and will display rapid growth in the future. This progress can be attributed to the initiatives taken by the government as well as non-government bodies for the adoption of NGS technologies, rapid acceptance of NGS diagnostics, and quick implementation of the latest technologies. The Asia Pacific NGS sample preparation market is projected to grow rapidly over the estimated time period. China, Japan, and India are expected to lead the growth for drug discovery in the region.

NGS Sample Preparation Market: Competitive Analysis

The global NGS sample preparation market is led by players like:

  • Agilent Technologies
  • Thermo Fisher Scientific
  • Illumina
  • F Hoffman-La Roche
  • Macrogen
  • Eurofins Scientific

This report segments the global NGS sample preparation market into:

Global NGS Sample Preparation Market: By Workflow

  • Target Enrichment
  • Library Preparation
  • RNA
  • DNA

Global NGS Sample Preparation Market: By Product

  • Consumables and Reagents
  • Workstations

Global NGS Sample Preparation Market: By Technology

  • Nanopore Sequencing
  • Sequencing by Synthesis (SBS)
  • Single Molecule Real Time (SMRT) Sequencing
  • Ion Semiconductor Sequencing

Global NGS Sample Preparation Market: By Application

  • Drug Discovery
  • Animal and Agricultural Research
  • Diagnostics
  • Precision Medicine
  • Biomarker Discovery
  • Others

Global NGS Sample Preparation Market: By Region

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Sample preparation for next-generation sequencing (NGS) pertains to the procedure by which DNA or RNA samples are readied for examination via NGS technologies. Several stages comprise this procedure, all of which are designed to extract, fragment, and sequence the genetic material.

Market expansion is propelled by continuous technological advancements in next-generation sequencing (NGS) technologies, which encompass enhancements to sequencing platforms, library preparation packages, and automation solutions. Increasing sensitivity, higher throughput, and decreased expenses of more recent technologies attract more customers and expand the market.

The global ngs sample preparation market size was worth around USD 1.95 billion in 2023 and is predicted to grow to around USD 5.20 billion by 2032.

The global ngs sample preparation market with a compound annual growth rate (CAGR) of roughly 11.48% between 2024 and 2032.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with its further classification into major countries including the U.S., Germany, France, UK, China, Japan, India, and Brazil.

Some major players in the global NGS sample preparation market are Agilent Technologies, Thermo Fisher Scientific, Illumina, F Hoffman-La Roche, Macrogen, and Eurofins Scientific.

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