Next Generation Sequencing (NGS) Market will rely on enhancing the range of their applications for future growth


Posted August 24, 2018 by Bhargav2

The North America NGS market which was worth USD 1.31 billion by the end of 2018 is estimated to reach USD 2.84 billion by 2023 at a CAGR of 16.81%.
 
Next Generation sequencing (NGS), hugely parallel or profound sequencing are connected terms that depict a DNA sequencing innovation which has reformed genomic inquire about. Utilizing NGS a whole human genome can be sequenced inside a single day. Interestingly, the past Sanger sequencing innovation, used to translate the human genome, required over 10 years to convey the last draft. Despite the fact that in genome examine NGS has generally superseded customary Sanger sequencing, it has not yet converted into routine clinical practice.
There are various chances to utilize NGS in clinical practice to enhance tolerant care, including: NGS catches a more extensive range of transformations than Sanger sequencing. The range of DNA variety in a human genome involves little base changes (substitutions), additions and cancellations of DNA, substantial genomic erasures of exons or entire qualities and revisions, for example, reversals and translocations. Customary Sanger sequencing is limited to the disclosure of substitutions and little additions and erasures. For the rest of the transformations devoted measures are much of the time performed, for example, fluorescence in situ hybridisation (FISH) for customary karyotyping, or relative genomic hybridisation (CGH) microarrays to distinguish submicroscopic chromosomal duplicate number changes, for example, microdeletions. Notwithstanding, these information can likewise be gotten from NGS sequencing information straightforwardly, blocking the requirement for devoted tests while gathering the full range of genomic variety in a single investigation. The main impediments live in locales which grouping inadequately or delineate because of outrageous guanine/cytosine (GC) substance or rehash engineering, for instance, the rehash extensions basic Fragile X disorder, or Huntington's sickness.

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Key trends and restrains
NGS is utilized to execute different applications, for example, biomarker revelation, oncology examines, customized medication, farming and creature research, and others. NGS has streamlined nucleotide investigation and has generally supplanted traditional instruments of genomics, particularly microarray proficiently. The interest for NGS has expanded essentially inferable from surge in NGS applications and ascend in mechanical headways in NGS. What's more, the development in number of genome mapping programs all through the world and increment in R&D speculation drives the market development. The effect of the driving variables is relied upon to beat the impact of limitations. In addition, the use of distributed computing in NGS for information administration and undiscovered developing economies are relied upon to give new market chances to NGS producers sooner rather than later.

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Demographically
North America is geographically segmented into USA and Canada. USA is the dominant marketer in this region. The overall market is to witness a growth of CAGR of 16.81% and a forecasted market value of USD 2.31 billion by 2021

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The major companies in this industry are Illumina Incorporated, Thermo Fischer Scientific, Life Sciences (Roche), Pacific Biosciences, Life Technologies Corp. (Thermo Fischer Scientific), Macrogen Inc.,Partek Inc., Genomatix Software GmbH, Perkin Elmer inc.,GATC Biotech Ag, Agilent Technologies Inc., Biomatters Ltd., CLC Bio (Qiagen), BGI (Beijing Genomics Institute), Oxford Nanopore Technologies Ltd.,Pacific Biosciences, DNASTAR Inc., Knome Inc., Illumina Inc., and Qiagen N.V.

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Issued By Bhargav
Country India
Categories Business , Marketing , Publishing
Tags next generation sequencing , next generation sequencing ngs market
Last Updated August 24, 2018