Next-Generation Sequencing Services Market Global Analysis, Size, Share, Trends, and Forecast 2025

Posted February 10, 2022 by StartupIdeas

Next-generation sequencing technology is increasingly leveraged for both conventional and non-conventional applications to gain rapid and comprehensive insights at a genomic level.
The worldwide next-generation sequencing (NGS) services market size is relied upon to arrive at USD 2.87 billion by 2025 at a 13.6% CAGR during the gauge time frame, as per another report by Grand View Research, Inc. The improvement of NGS innovations has altered quality sequencing as far as reproducibility and cost reserve funds.
With the rising pattern of high throughput sequencing inside the pharma and biotech industry, there is a requirement for additional advancements to work on the speed and accommodation of high throughput seq-stages and improve on work processes. Accordingly, organizations are zeroing in on the advancement of answers for work on the intensification and filtration of tests and beginning information.
In July 2017, Norgen delivered the new Small RNA Library Prep Kit for Illumina. This pack is being created to produce little RNA libraries and is advanced for tests with low info RNA (0.5-1ng), like pee, serum, plasma, cerebral spinal liquid (CSF), blood, and exosomes.
The market chief, Illumina, has sent off the Illumina Propel Certification Program (CSPro) to lay out an organization between the organization and research facilities. In December 2013, GENEWIZ, Inc. accepted Illumina's CSPro certificate for NGS and turned into an individual from the tip top gathering of Illumina genomics specialist organizations. Personalis is one more supplier that got the CSPro Certifications in May 2013.
Most specialist co-ops utilize stages from Illumina, PacBio, and Oxford Nanopore Technologies. They utilize these advancements in-house to serve their clients by conveying projects with top caliber and inside the briefest courses of events. There are likewise a few items that are presently not financially accessible, like items from 454 Life Sciences.
A few items are as yet being worked on, for example, the SOLiD stage and Ion Torrent's semiconductor sequencing. Nonetheless, these items are not quite as generally acknowledged as those presented by Illumina. In March 2017, Illumina sent off another leader item NovaSeq 6000, which can deliver 3 to 48 human genomes for each run.
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This has brought about the presentation of a few headways in NGS innovation to advance its use in clinical labs and medical clinics. Latest advancements in this field rotate around improving on utilization of seq-innovation and making it more modern. These elements have driven the take-up of NGS administrations across different end clients.
Ordinary sickness testing specialist co-ops have widened their portfolio with a rising pattern of seq-based hereditary tests. For instance, in October 2014, ARUP Laboratories teamed up with the Children's Hospital of Philadelphia (CHOP). The help arrangement for NGS-based HLA genotyping, including HLA Class II and HLA Class I, started in November 2017.
Information produced through genome sequencing is viewed as an effective symptomatic and prognostic instrument to help clinicians in distinguishing explicit attributes in every persistent. This, thusly, helps in offering customized treatments to patients, hence working on tolerant results. This element is expected to fuel interest for NGS-based diagnostics before very long.
A portion of the significant issues looked by end clients in the NGS administrations market are executing enormous scope information investigation and logical difficulties while leading single-cell seq. In any case, makers are continually planning their R&D to address these difficulties and increase the extent of NGS administrations.
Top Key Players:
Some of the key companies operating in this market are Illumina, Inc.; Veritas Genetics; BGI; GENEWIZ Germany GmbH; ABM Inc.; ARUP Laboratories; Novogene Corporation; Lucigen; Quest Diagnostics; and Gene by Gene.
These participants have collaborated with several platform manufacturers to receive a license for use of NGS at their centers. Furthermore, manufacturers are undertaking various marketing strategies to capitalize on avenues in untapped markets such as India, Brazil, and China.
For instance, in January 2018, Illumina introduced its BaseSpace Sequence Hub in China. This hub is a cloud-based solution launched for storage, management, and interpretation of genomic data. This will help accelerate start-up operations and upgrade existing operations in terms of sequencing volume and efficiency.
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About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. 

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Last Updated February 10, 2022