NGS KITS MARKET: OVERVIEW
The market sizing and opportunity analysis has been segmented across the following parameters:
Type of Nucleotide Sequenced
- DNA
- RNA
End-user
- Academics and Research Institutes
- Pharmaceutical and Biotechnology Companies
- Hospitals and Clinics
- Other End-users
Key Geographies
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and North Africa
- Rest of the World
NGS KITS MARKET: GROWTH AND TRENDS
The field of genomic data gathering and analysis has progressed notably since Frederick Sanger introduced a gene sequencing technique in 1977. Improvements in DNA sequencing methods have resulted in notable progress across various healthcare-related research areas, including precision medicine and diagnostics. Specifically, the effect of next generation sequencing (NGS) techniques and NGS testing kits, which facilitate whole genome and whole exome sequencing, has been the most significant. This advanced, rapid genome sequencing method has significantly lowered both the expenses and time required. In comparison to the Human Genome Project (~USD 3 billion), the expense of sequencing an individual genome has significantly dropped (to USD 1,000) with present technologies.Due to the continuous advancements in NGS testing kits and next generation sequencing kits market, stakeholders also expect that, in the coming decade, the previously mentioned cost might drop to USD 100. It is important to note that this reduction in genome sequencing expenses has resulted in a rise in the number of genomes sequenced worldwide.
Despite the recent advances in the field of genomics, the nucleotide library preparation process still faces several challenges, including requirement of large amounts of input samples, low volume of yield and concerns related to quality of the product. In addition, the manual DNA library / RNA library preparation process is time consuming, requiring extensive manipulation and expensive reagents. Therefore, innovators in the pharmaceutical industry are constantly identifying / developing ways to improve the process of DNA library / RNA library preparation. Amidst other alternatives, the use of NGS library preparation kits has emerged as a viable option for various drug developers and academic / research institutes to overcome the existing challenges associated with conventional DNA library / RNA library preparation methods. These kits require less input material and are capable of generating precise DNA encoded library / RNA libraries with minimum errors. Presently, more than 280 NGS library preparation kits are available in the market; these are compatible with a broad range of sequencing platforms, including Illumina®, Ion Torrent® and BGI NGS platforms. It is worth mentioning that over 3,200 patents related to NGS library preparation kits have been filed / granted in the past few years, demonstrating the continued innovation in NGS kits market. Driven by the increasing demand for gene therapies and the introduction of novel and advanced NGS techniques, the NGS library preparation kits market is anticipated to witness steady market growth during the forecast period.
NGS KITS MARKET: KEY INSIGHTS
The report delves into the current state of the NGS kits market and identifies potential growth opportunities within industry. Some key findings from the report include:
- Presently, more than 280 NGS library preparation kits are being offered by close to 60 players; these kits are compatible with a variety of input samples, including purified RNA / DNA and cells.
- Leveraging their expertise, stakeholders are offering a myriad of NGS kits for preparing DNA and RNA libraries; majority of these kits require less than 5 ng of input samples
- The current market landscape is fragmented, featuring both new entrants and established players; the US is currently considered to be a hub of innovation for NGS library preparation kits.
- In pursuit of gaining a competitive edge, NGS library preparation kit providers are presently focusing on expansion of their existing capabilities and augmenting their respective product portfolios.
- Over 3,250 patents related to NGS library preparation kits have recently been filed / granted, indicating the heightened pace of innovation in this domain.
- Around 70 industry players claim to offer elaborate portfolios of NGS based services, leveraging a variety of second and third generation sequencing technologies.
- The market is anticipated to grow at a notable CAGR till 2035; the projected opportunity is likely to be distributed across different type of nucleotide sequenced, end user and key geographical regions.
NGS KITS MARKET: KEY SEGMENTS
DNA Segment is Likely to Capture Majority of the NGS Kits Market Share
In terms of type of nucleotide sequenced, the market is segmented across DNA and RNA. In the current year, the DNA segment captures most of the market share (~ 70%). However, the RNA segment will grow at a higher CAGR of 5.1% during the forecast period.Hospitals and Clinics are Likely to Capture the Highest NGS Kits Market Share in 2035
In terms of end-users, the market is segmented across hospitals and clinics, pharmaceutical and biotechnology companies, academic and research institutes and others. Around 45% of the market share will be captured by hospitals and clinics by 2035, followed by pharmaceutical and biotechnology companies capturing 30% of the market share.North America is Likely to Propel the Growth of NGS Kits Market
In terms of geographical regions, the market is segmented across North America, Europe, Asia Pacific, MENA, Latin America, and rest of the world. Notably, North America will capture the maximum market share of around 40% by 2035.Example Players in NGS Kits Market
- Agilent Technologies
- BioDynami
- Creative Biogene
- New England Biolabs
- PerkinElmer
- Thermo Fisher Scientific
- Abcam
- Devyser
- Diagenode
- Lexogen
- Roche
- Tecan
- Enzynomics
- MGI
- Takara Bio
- TIANGEN Biotech
- TransGen Biotech
- Vazym
NGS KITS MARKET: RESEARCH COVERAGE
- Market Sizing and Opportunity Analysis: The report features an in-depth analysis of the next generation sequencing kits market, focusing on key market segments, including [A] type of nucleotide sequenced, [B] type of end user, [C] and [E] key geographical regions.
- Market Landscape: A detailed assessment of overall competitive landscape next generation sequencing based on several relevant parameters, such as [A] type of nucleotide sequenced, [B] kit components, [C] quantity of sample required, [D] turnaround time, [E] storage temperature, [F] type of sample used, [G] kit shelf life, [H] type of sequencing and [I] type of sequencing platform used.
- Company Competitiveness Analysis: A comprehensive NGS library preparation kits examining factors, such as [A] supplier power and [B] product competitiveness.
- Company Profiles: In-depth profiles of NGS library preparation kits providers in North America, Europe and Asia-Pacific, based on several parameters such as [A] year of establishment, [B] location of headquarters, [C] proprietary technology platforms, [D] recent developments and [E] an informed future outlook.
- Patent Analysis: An in-depth patent analysis to provide an overview of how the industry is evolving from the R&D perspective such as [A] publication year, [B] geographical region, [C] CPC symbols, [D] patent focus areas, [E] type of applicant and [F] leading industry players.
KEY QUESTIONS ANSWERED IN THIS REPORT
- How many companies are currently engaged in this market?
- Which are the leading companies in this market?
- What is the current global capacity of developers?
- What factors are likely to influence the evolution of this market?
- What is the current and future market size?
- What is the CAGR of this market?
- How is the current and future market opportunity likely to be distributed across key market segments?
REASONS TO BUY THIS REPORT
- The report provides a comprehensive market analysis, offering detailed revenue projections of the overall market and its specific sub-segments. This information is valuable to both established market leaders and emerging entrants.
- Stakeholders can leverage the report to gain a deeper understanding of the competitive dynamics within the market. By analyzing the competitive landscape, businesses can make informed decisions to optimize their market positioning and develop effective go-to-market strategies.
- The report offers stakeholders a comprehensive overview of the market, including key drivers, barriers, opportunities, and challenges. This information empowers stakeholders to stay abreast of market trends and make data-driven decisions to capitalize on growth prospects.
ADDITIONAL BENEFITS
- Complimentary PPT Insights Packs
- Complimentary Excel Data Packs Covering All Analytical Modules
- Up to 15% Complimentary Content Customization
- In-Depth Report Walkthrough with the Research Team
- Complimentary Report Update if the Report is 6+ Months Old
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 10x Genomics
- 1st BASE
- Abcam
- ABclonal
- Advanced Biological Laboratories (ABL)
- Active Motif
- Admera Health
- Agendia
- Agilent Technologies
- Agiomix
- AgriGenome Labs
- Almac Group
- Annoroad Gene Technology
- ANTISEL
- Applied Biological Materials (abm)
- Arizona Genomics Institute
- Auragen
- Australian Genome Research Facility (AGRF)
- BD
- BGI Genomics
- BioChain
- BioDynami
- Biofidal
- Bio-Rad
- Biosearch Technologies (Acquired by LGC)
- Brigham and Women's Hospital
- Brigham Young University
- Broad Institute
- CD Genomics
- CeGaT
- Cellecta
- CEN4GEN
- CENTOGENE
- Centre for Cellular and Molecular Platforms
- Children's Hospital of Philadelphia
- City of Hope
- Claret Bioscience
- Cold Spring Harbor Laboratory
- Columbia Genome Center
- Creative Biogene
- Dana-Farber Cancer Institute
- Dante Labs
- De Novo Genomics
- Devyser
- DiaCarta
- Diagenode (Acquired by Hologic)
- Diagnomics
- Diversigen
- DNA Genotek
- DNA Link
- DNAVision
- Durham University
- Earlham Institute
- Eclipse Bioinnovations
- Edinburgh Genomics
- Enzo Life Sciences
- Enzynomics
- EpiGentek
- Eurofins Genomics
- Fasteris
- Firalis
- Fluidigm
- Fulgent Genetics
- Full Genomes Corporation (FGC)
- Garvan Institute of Medical Research
- Genapsys
- Gencove
- Gene by Gene
- GeneFirst
- GENEWIZ
- Genome.One
- GenomeScan
- GenomeStream
- Genomics Personalized Health
- Genomix4Life
- Genosity
- Genotypic Technology
- GenScript
- Genuity Science (Previously known as
- GenXPro
- Guardant Health
- Harvard College
- HistoGenetics
- Icahn Institute for Data Science and Genomic Technology 85. Integrated DNA Technologies
- Illinois Institute of Technology
- Illumina
- Immatics Biotechnologies
- Intact Genomics
- Johns Hopkins University
- Leland Stanford Junior University
- Lexogen
- LGC
- Loop Genomics
- Lucigen (Acquired by LGC)
- Macrogen
- MagBio Genomics
- Maryland Genomics
- Massachusetts General Hospital
- Massachusetts Institute of Technology
- Massey University
- Mass General Brigham (Previously known as Partners HealthCare)
- Max Planck Institute
- McGill University
- Molecular Cloning Laboratories (MCLAB)
- MedGenome
- Merck
- MGI
- Microsynth
- MNG Laboratories (Acquired by LabCorp)
- MOgene
- myGenomics
- Natera
- National Institute of Health and Medical Research (INSERM)
- National Instrumentation Center for Environmental Management
- New England Biolabs (NEB)
- New York Genome Center (NYGC)
- NimaGen
- Norgen Biotek
- Novogene
- Nucleome Informatics
- OGT
- Oklahoma Medical Research Foundation (OMRF)
- Omega Bioservices
- Otogenetics
- Oxford Nanopore Technologies
- Pacific Biosciences (PacBio)
- PerkinElmer
- Phalanx Biotech
- Psomagen
- Q2 Solutions
- QIAGEN
- Quantabio
- Quick Biology
- Rapid Genomics
- RealSeq Biosciences
- REPROCELL
- Roche
- RTL Genomics
- SeqLL
- SeqMatic
- Shanghai Oe Biotech
- Source BioScience
- Stanford University
- StarSEQ
- Swift Biosciences (Acquired by IDT)
- System Biosciences (SBI)
- Takara Bio
- Tecan
- Tempus
- Texas A&M AgriLife
- The Sequencing Center
- Theragen Etex
- Thermo Fisher Scientific
- The University of Edinburgh
- TIANGEN Biotech
- TransGen Biotech
- TriLink BioTechnologies
- Twist Bioscience
- UCLA Health
- University of California
- University of Delaware
- University of Leeds
- University of Liverpool
- University of Maryland
- University of Minnesota
- University of Oxford
- University of Texas
- University of Washington
- University of Wisconsin
- University of Zurich
- UNSW Sydney
- Uppsala University
- Vazyme Biotech
- Veritas
- Verogen
- Waksman Institute of Microbiology
- Washington State University
- Washington University
- Wuhan Fraser Gene Information
- Xcelris Genomics
- Yaazh Xenomics
- Yale School of Medicine
- YouSeq
- Zymo Research
Methodology

LOADING...

