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European Next Generation Sequencing Markets
Frost & Sullivan, Dec 2010, Pages: 61
This research examines the European next generation sequencing markets in terms of the challenges faced by market participants, drivers and restraints in the industry. It also describes the end user's experience handling this technology. It provides a detailed study on revenue forecasts, unit shipment forecasts, growth rates and strategic recommendations for market participants. It also provides a geographical distribution, unit shipment forecasts . This research also provides an understanding about the various technological trends and opportunities in the emerging sectors.
This research service titled European Next Generation Sequencing Markets examines the markets from 2010 with forecasts running through 2017. The segments covered include sequencing services provided by service providers and academic research laboratories. It also analyses market drivers, restraints and challenges faced by industry participants. Revenue forecasts and end-user analysis are also discussed.
Market Overview
Next Generation Sequencers Emerge as Critical Tools in Biomedical Research
Next generation sequencers (NGS) are penetrating into the service providing sector and the global biomedical research community where they are increasingly being identified as vital tools. Recent scientific discoveries that are an outcome of next generation sequencing technology show the impact of massively parallel platforms. The declining cost of genomic sequencing has paved way for the clinical application of this technology. The tremendous growth in drug discovery and molecular diagnostics will promote the uptake of this technology.
“NGS are rapidly replacing microarray technology in key applications,” notes the analyst of this research. “Enhanced breadth of application is contributing, in turn, to wider coverage even as increased read lengths are being worked on in the new platforms.” The urge to sequence complex and variable human genomes has created opportunities for the growth of next generation sequencing in areas like gene discovery, gene expression, gene regulation studies and clinical diagnostic applications in Europe. An increasing number of laboratories in Europe are replacing microarrays with NGS. Ongoing cancer research programmes, biomarker discovery, forensics and many funded drug discovery projects rely on NGS. Around 130 research centres in Europe are using this technology.
Multidisciplinary, End User-oriented Approach to Promote Competitive Success
Funding- and technology-related issues remain the major areas of concern. European research organisations are dependent on funding and grants. These are sometimes in short supply, posing problems for continued research. At the same time, technology overlapping raises IP concerns. “There is significant concern regarding technology overlap since all the market participants have common goals that include sample preparation methods, higher throughput and cost-cutting measures,” explains the analyst. “Competitors are moving towards longer reads and single molecule real-time sequencing (SMRT) and hence, the need to patent their technology is becoming a key issue.” Increase in the volume of data requiring efficient data management systems poses a challenge. At the same time, interpretation of complex data from next-generation platforms looms as another challenge that market participants will need to tackle.
Applications for next-generation sequencing can be better addressed with a multidisciplinary approach that embraces novel solutions and innovative technologies. Developing instruments that will cater to end-user needs will enable market participants to gain an edge. “Concentrating on factors like greater read lengths, higher throughput and improved accuracy will help companies succeed,” concludes the analyst. “Instrument pricing can also help promote sales.”
Market Sectors
Expert analysts thoroughly examine the following market sectors in this research:
- Service providers
- Academic research laboratories
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