SkyQuest Technology Consulting Pvt. srl.

SkyQuest Technology Consulting Pvt. srl.

SkyQuest’s NGS Automation Market report provides valuable insights for individuals interested in valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is produced and published in a concise manner, making it accessible to various audiences, from industry insiders to market readers. Finally, you can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive view of the current market situation and future projections.

Westford USA, June 14, 2023 (GLOBE NEWSWIRE) — The global NGS automation market the size is expected to reach $4426.52 million by 2030 and show a CAGR of 14.85% over the forecast period (2022-2030), according to the latest research report from Skyquest. Growing demand for NGS diagnostics and personalized medicine, technological advances in NGS platforms, growing adoption of NGS in academic and research institutions, time and cost savings, and growing demand for bioinformatics solutions are fueling the growth of the market.

Government initiatives and technological advances to promote the use of NGS automation

On a global scale, growing adoption of cloud-based NGS automation solutions, integrating NGS automation with artificial intelligence and machine learning, growing demand for single-cell sequencing automation solutions, growing focus on data management and analysis, Emergence of modular and customizable NGS automation solutions, expansion of NGS automation into clinical settings are the trends promoting the growth of the market.

Several government initiatives around the world provide funding, resources and support for genomic research and NGS automation solutions. These initiatives include the European Genome-Phenome Archive (EGA), Genome Canada, etc.

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The type of sample preparation requires substantial growth over the forecast period

The type of sample preparation dominates the global market as it involves different processes such as DNA/RNA extraction, library preparation and quality control. These processes are essential for obtaining the high-quality, pure, intact nucleic acid samples required for accurate sequencing results.

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Diagnostics and customized is the main application segment

In terms of application, the diagnostic and customized segment is a leader in its ability to provide detailed genetic information. Furthermore, the high accuracy can be used to guide treatment decisions with extreme precision and the demand for NGS-based diagnostic tests is also driven by the growing prevalence of diseases such as cancer, rare genetic diseases and infectious diseases.

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Asia-Pacific and North America are the main markets due to the presence of a large number of key players

Regionally, North America is one of the largest growth markets due to the presence of a large number of key players in the region, well-established healthcare infrastructure, and a high level of adoption of NGS-based technologies in research and clinical applications.

Asia Pacific is the fastest growing region in the NGS automation market, driven by factors such as increased investment in genomics research, growing demand for NGS-based diagnostics and personalized medicine, and increased awareness of the benefits of medicine genomics. Several government initiatives are also contributing to the growth of the NGS automation market in the Asia-Pacific region. For example, the Chinese government has launched the Precision Medicine Initiative, which aims to promote the development and adoption of precision medicine in the country.

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Pages – 242

Tables – 117

Figures – 68

NGS Automation Market Report Tips:

  • Element Biosciences Inc. has partnered with Agilent Technologies to integrate their AVITI system with Agilent’s SureSelect target enrichment panels, expanding customer access to these genomic tools. This partnership will provide customers with a revolutionary new DNA sequencing platform for advanced genomics research.

  • In terms of application, it dominates the diagnostic and customized segment due to its ability to provide detailed genetic information.

  • In terms of type, the sample preparation type segment is expected to gain more popularity as it involves different processes such as DNA/RNA extraction.

  • North America and Asia-Pacific are the main markets and will continue to exercise a dominant position in the global market, mainly due to the presence of the major market players

NGS Automation Market Segmentation:

The global NGS Automation market report is segmented on the basis of product type, application and region.

By product type

  • Sample preparation products

  • NGS automation platforms:

  • Products for data analysis and interpretation:

  • Others

By application

By Region

  • China

  • India

  • Japan

  • South Korea

  • Rest of Asia-Pacific

  • South Africa

  • GCC countries

  • Rest of the MEA

Key Company Profiles of NGS Automation Market:

  • Illumina Inc.

  • Thermo Fisher Scientific Inc.

  • Roche Holding AG

  • Qiagen NV

  • Agilent Technologies Inc.

  • BGI group

  • Beckman Coulter, Inc.

  • PerkinElmer Inc.

  • Oxford Nanopore Technologies Ltd.

  • Pacific Biosciences of California, Inc.

  • Bio-Rad Laboratories, Inc.

  • Genewiz Inc.

  • Genohm SA

  • Hamilton Company

  • Labcyte Inc.

  • Tecan Group Ltd.

  • 10x Genomics, Inc.

  • Fluidigm Corporation

  • Zymo Research Corp.

  • Swift Biosciences Inc.

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