Global NGS sample preparation market is expected to foresee significant growth during the forecast period. North America to witness the highest growth

Global NGS sample preparation market is expected to grow significantly by 2027 expanding at a reasonable CAGR of around 15% during the forecast period (2021-2027). Next-generation sequencing (NGS) is a technology used to determine the RNA or DNA sequence to study genetic variation associated with various types of diseases or other biological phenomena. With advancements in sequencing technologies and constant innovations, the protocols for sample preparation have been standardized.

The market for NGS sample preparation is witnessing an uptick on account of the reduced sequencing costs, next-generation sequencing application in varied segments such as drug discovery, diagnostics, agro-genomics, others, and rising government funding and initiatives in the genomic projects. For instance, in 2020, the Department of Biotechnology (DBT) initiated the ambitious “Genome India Project” (GIP) in India to collect 10,000 genetic samples from citizens across India, to build a reference genome. Few priority areas of research include precision health, rare genetic disorders, mutation spectrum of genetic and complex diseases in the Indian population, genetic epidemiology of multifactorial lifestyle diseases, and translational research. Moreover, the advancement in technology, supportive reimbursement framework for NGS-based diagnostics, and the demand for novel diagnostic solutions are some of the other factors adding pace to the growth of the NGS sample preparation market.

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Based on product, the market is segmented into workstations and reagents & consumables. The reagents & consumables segment grabbed an XX% share of the global NGS sample preparation market and will witness a considerable CAGR of XX% during the forecast period, owing to the rising number of sequencing procedures and the launch of new and advanced consumables.

Based on library preparation, the global NGS sample preparation market is segmented into DNA, RNA, target enrichment, and quality control. The DNA occupied a substantial share and is expected to grow at a CAGR of XX% during the forecast period 2021-2027 as DNA is most commonly used for sequence profiling in the next-generation sequencing procedures. Library preparation allows DNA to adhere to the sequencing flowcell and allows the sample to be identified.

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Based on technology, the NGS sample preparation market is divided into sequencing by synthesis (SBS), ion semiconductor sequencing, nanopore sequencing, and other technologies. The SBS segment accounted for a significant market share in 2020 and it is estimated that it will exhibit considerable growth during the forecast period. This segment is expected to grow as Illumina sequencing technology, sequencing by synthesis (SBS) is widely adopted NGS technology across the world and is responsible for generating more than 90% of the world’s sequencing data.

Additionally, the report provides a detailed report also provides insights into the global NGS sample preparation market according to the regions such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. North America dominated the market and generated revenue of USD XX billion in 2020 owing to the well-established market players and frequent product launches. However, the Asia-pacific region is anticipated to grow with the lucrative CAGR over the forecast period.

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Becton, Dickinson and Company, Thermo Fisher Scientific, QIAGEN N.V., Agilent Technologies, Inc., F. Hoffmann-La Roche Ltd., Integrated DNA Technologies, Inc., Beckman Coulter, Pacific Biosciences of California, Promega Corporation, are some of the key players operating in the global NGS sample preparation market. Several M&As along with partnerships have been undertaken by these players to develop new and advanced NGS-based diagnostics solutions.

Global NGS Sample Preparation Market Segmentation

Market Insight, by Product

• Workstations
• Reagents & Consumables

Market Insight, by Library Preparation

• DNA
• RNA
• Target Enrichment
• Quality Control

Market Insight, by Technology

• Sequencing by Synthesis (SBS)
• Ion Semiconductor Sequencing
• Nanopore Sequencing
• Others

Market Insight, by Application

• Sequencing by Synthesis (SBS)
• Ion Semiconductor Sequencing
• Nanopore Sequencing
• Others

Market Insight, by End-Users

• Sequencing by Synthesis (SBS)
• Ion Semiconductor Sequencing
• Nanopore Sequencing
• Other Technologies

Market Insight, by Region

• North America
  • United States
  • Canada
  • Rest of North America
• Europe
  • France
  • Germany
  • Italy
  • Spain
  • United Kingdom
  • Rest of Europe
• Asia-Pacific
  • China
  • India
  • Australia
  • Japan
  • Rest of Asia-Pacific
• Rest of World

Top Company Profiles

• Thermo Fisher Scientific
• Illumina Inc.
• QIAGEN N.V.
• Agilent Technologies, Inc.
• F. Hoffmann-La Roche Ltd.
• Integrated DNA Technologies, Inc.
• Beckman Coulter
• Pacific Biosciences of California
• Becton, Dickinson and Company
• Promega Corporation