Paul Thomen

Sunday, 27 April 2014

Next Generation Sequencing Industry (NGS) to reach $2.7 Billion By 2017

The report “Next Generation Sequencing (NGS) Market [Platforms (Illumina HiSeq, MiSeq, Life Technologies Ion Proton/PGM, 454 Roche), Bioinformatics (RNA-Seq, ChIP-Seq), (Pyrosequencing, SBS, SMRT), (Diagnostics, Personalized Medicine)] – Global Forecast to 2017″ by MarketsandMarkets is now available at

The report analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia and Rest of World. The global NGS market was valued at $1.3 billion in 2012 and is poised to reach $2.7 billion by 2017 at a CAGR of 16.3%. The growth of the overall NGS market is driven by continuous innovations and developments in the market aimed at higher throughput, increased accuracy, and affordable costs. The opportunities for the growth of this market include developments in pre-sequencing, cloud computing, and NGS bioinformatics solutions. However, factors such as high reliability on grants and funding from the government and decrease in capital expenditure from academic institutions are hindering the growth of the market. In addition, the interpretation of big data generated by sequencers and the subsequent storage and management of analyzed data is still a challenge. Owing to the complexity of NGS technologies and data, standardization of the overall NGS workflow is still an unmet need.

This research report categorizes and analyzes the global NGS market on the basis of steps in the NGS workflow and NGS applications. These markets are further divided into segments and sub-segments, to provide exhaustive value analysis for the years 2010, 2011, 2012, and forecast to 2017. Each market is comprehensively analyzed at a granular level by geography (North America, Europe, Asia, and Rest of the World) to provide in-depth information on the global scenario.

Know more about this report (Source) :

Table Of Contents

•    Introduction
•    Executive Summary
•    Market Overview
•    Global Ngs Market, By Steps In Workflow
•    NGS Technology Market
•    Global NGS Application Market
•    Geographic Analysis
•    Competitive Landscape
•    Company Profiles (Overview, Financials, Products & Services, Strategy, & Developments)*

Get a sample copy of this report:

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