Pacific Biosciences (U.S.). The NGS bioinformatics/data analysis market is dominated by players like CLC bio (Denmark) (acquired by QIAGEN), Biomatters (New Zealand), Partek (U.S.), Genomatix (Germany), Knome (U.S.), and DNASTAR (U.S.)
(PRWEB) November 19, 2014
The “Next Generation Sequencing (NGS) Market by Bioinformatics (Exome Sequencing, RNA-Seq, ChIP-Seq), Technology (SBS, SMRT), Platforms (Illumina HiSeq, MiSeq, HiSeqX Ten, NextSeq 500,Thermo Fisher Ion Proton/PGM), & by Application (Diagnostics, Personalized Medicine) – Global Forecast to 2020”, analyses and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia and Rest of World.
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International market ngs will be worth $2.5 billion by the end of 2014 and is poised to reach $ 8.7 billion by 2020 at a CAGR of 20.0% over. This report examines the global market hangs over the forecast period of 2014-2020.
The report covers market and clinical observations, genomics, applications, including drug discovery and proteomics. Despite major research institutions and studies that serve as key end-user market for ngs, hangs a recent technology being developed for use in clinical set-ups and a lot of effort now hangs is targeting cancer.
Next Generation Sequencing makes great growth market worldwide due to factors such as reducing costs, improving turnaround time, a growing number of applications, and instead of microarray applications and hangs. Key players are focusing on providing innovative products that are technologically advanced. Due to this, companies focus on cooperation, collaboration, new product launches and acquisitions in order to achieve a leadership position in the market
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Sequencing by synthesis technology, occupies the highest market share, will be the fastest growing technology in the coming years. Growth will be driven platforms, such as HiSeq X Diez, NextSeq500 and MiSeq. Also has wide application in the market in NGS SBS technology, and can be used to read a single side library and torque. However, nanopore technology will change the face of the market, once introduced to the market. Companies such as Roche (Genia technology) and Oxford nanopore technology is studying the technology NGS. Nanopores expected to be released by the end of 2016 or 2017 have been launched in the market, is expected to cost about 500 yuan down sequencing.
Targeted resequencing, RNA sequencing and exome sequencing are the three main applications of NGS, mainly due to its low cost, to save time. These segemnets also will grow rapidly in the coming years in the first three segments.
Another important market revenue will NGS services market is expected to grow 24.0 percent in 2020, a compound annual growth rate can be attributed to diagnostic and pharmaceutical / biotech industry's growing demand. In the case of driving the diagnostic will increase in tumor growth and neonatal morbidity. Additionally, you may be reimbursed by the NGS diagnostics also boosted the market for 2015 implementation.
The global NGS market is highly consolidated with top two players, Illumina and Thermo Fisher (Life Technologies) occupying more than 90% of the pie (2013). Illumina led the market with its flagship NGS platforms such as HiSeq Series, GA IIx, and MiSeq. In 2014, it launched two new platforms HiSeq X Ten and NextSeq 500 which are poised to grow at CAGR of more than 20% in the coming years.
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The NGS data analysis market includes the market by product (software and services) and by applications such as whole genome sequencing, exome sequencing, targeted re-sequencing, de novo sequencing, RNA-Seq, ChIP-Seq and Methyl-Seq. Some of the major applications of NGS include diagnostics, drug discovery, biomarker discovery, personalized medicine, and agriculture and animals research.
The significant players adopting this strategy include Illumina, Inc (U.S.), Thermo Fisher Scientific (U.S.), Agilent Technologies, Inc (U.S.), Pacific Biosciences (U.S.), DNASTAR, INC (U.S.), 454 Life Sciences Corporation (U.S.), PerkinElmer, Inc (U.S.), GATC Biotech AG (Germany) and CLC bio (a member of QIAGEN).
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