Next Generation Sequencing Market Size, Growth, Opportunity and Forecast to 2030

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The Business Research Company’s latest report Next Generation Sequencing Global Market Report 2020 covers Next Generation Sequencing market drivers, Next Generation Sequencing market trends, Next Generation Sequencing market segments, Next Generation Sequencing market growth rate, Next Generation Sequencing market major players, and Next Generation Sequencing market size. The report provides in-depth analysis of the impact of COVID-19 on the Next Generation Sequencing industry, along with revised market numbers due to the effects of the coronavirus.

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Next Generation Sequencing Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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The global next generation sequencing market reached a value of nearly $6,678.3 million in 2019, having increased at a compound annual growth rate (CAGR) of 11.0% since 2015.  The market is expected to grow from $6,678.3 million in 2019 to $12,612.1 million in 2023 at a rate of 17.2%. The growth is mainly due to the growing number of chronic diseases and government initiatives. The market is expected to grow from $12,612.1 million in 2023 to $17,763.7 million in 2025 at a CAGR of 18.7%.  The market is expected to grow and reach $40,309.1 million in 2030 at a CAGR of 17.81%.

The report covers the Next Generation Sequencing market’s segments-

1) By Product Type: Kits And Consumables, Software, Instruments.

2) By Technology: Ion Semiconductor Sequencing, Sequencing by Synthesis, Single-molecule Real-time Sequencing, Other Sequencing Technologies, Nanopore Sequencing.

3) By Application: Drug Discovery, Diagnostics, Other Applications, Telepsychiatry.

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