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NGS Sample Preparation Market Is Set To Reach $5,501.2 Million by 2030

The global NGS sample preparation market was worth around $1,598.8 million in 2021, and it is expected to reach $5,501.2 million by 2030, growing at a CAGR of 14.7% from 2021 to 2030. Due to the rise in medical research activities and the presence of prominent technology suppliers, the APAC market is expected to archive the fastest growth in the near future. Next-generation sequencing (NGS) is a high-throughput technology that may be used to learn about any organism at the transcriptomic, genomic, or epigenetic level.

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NGS Sample Preparation Market Is Set To Reach $5,501.2 Million by 2030

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  1. What is the Expected Worth of the NGS Sample Preparation Market in Coming Years? 1 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  2. The global NGS sample preparation market was worth around $1,598.8 million in 2021, and it is expected to reach $5,501.2 million by 2030, growing at a CAGR of 14.7% from 2021 to 2030. Due to the rise in medical research activities and the presence of prominent technology suppliers, the APAC market is expected to archive the fastest growth in the near future. Next-generation sequencing (NGS) is a high-throughput technology that may be used to learn about any organism at the transcriptomic, genomic, or epigenetic level. The pandemic has had a positive influence on the market. To study the virus's structure, the genomic sequence of its etiological agent had to be rebuilt right away. Furthermore, the testing procedure for virus-infected persons has become easier owing to NGS, allowing healthcare experts to create tailored medications for their treatment. Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/ngs-sample- preparation-market/report-sample Key Findings of NGS Sample Preparation Market Report • Twist Bioscience Corporation and C2I Genomics Inc., a cancer intelligence firm, confirmed a partnership in February 2022 to create whole-genome cancer reference materials. • Agilent Technologies Inc. purchased Resolution Bioscience Inc., a company involved in the commercialization and development of NGS solutions, in April 2021, to expand its precision oncology testing services to patients worldwide. • The North American NGS sample preparation market accounts for the biggest revenue share, and it is predicted to grow at a fast pace during the forecast period. This is due to the increasing R&D in NGS and its potential applications in clinical practices. • The market will also grow due to the significant expansion of the life sciences industry. The demand for NGS samples is driven by the industry's high adoption of improved technologies, growth in developing countries, and increase in scientific and technological skills. • In 2021, the DNA sequencing category held the largest market share, and this trend is projected to continue in the future. Because DNA sequencing is more cost-effective and faster than manual sequencing, it is the most-common use of NGS samples. • By 2030, the NGS sample preparation market is set to generate $2.2 billion in revenue from academic and research organizations. This is credited to the strong focus on R&D, which is why governments and private firms are 2 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  3. increasing their research funding. Moreover, the development of new technologies and growing financial support for the enhancement of NGS products and services are propelling the market. In 2021, the consumables category dominated the market, and it is expected to continue its dominance in the future. The growing demand for testing and associated equipment and components, as well as the pertinent research in DNA, RNA, and whole-genome sequencing, supports the demand for consumables. Low-volume, kits, microplates, reagents, storage plates, and pipettes are some of the important consumables involved in sample preparation. To gain a competitive advantage, key players in the NGS sample preparation market are forming alliances and acquiring companies. These players are Becton, Dickinson and Company, F. Hoffmann-La Roche Ltd., Agilent Technologies Inc., Oxford Nanopore Technologies plc, New England Biolabs Inc., Integrated DNA Technologies Inc., Illumina Inc., Pacific Biosciences of California Inc., and Beckman Coulter Inc. The research offers market size of the global NGS sample preparation market for the period 2017–2030. Market Segmentation by Product Consumables • oLibrary preparation kits oSample purification kits oSample extraction and isolation kits oTarget enrichment kits oCleanup and selection kits oMicrobiome DNA enrichment kits oOthers Automated Workstations • oOpen systems oClosed systems Standalone Automated Instruments • oFragment analyzers oNucleic acid extraction/isolation systems oDNA selection instruments oDNA/RNA shearing instruments oTemplate preparation instruments oUltrasonicators/Sonicators Accessories • 3 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  4. Market Segmentation by Workflow Library Preparation Target Enrichment Sample Extraction/Isolation Fragmentation Sample Quantification Library Quantification Quality Control (QC) Pooling Market Segmentation by Therapeutic Area Oncology Infectious Diseases Human Genetics/Population Genetics Others Market Segmentation by Application DNA Sequencing Whole Genome Sequencing RNA Sequencing Methylation Sequencing Others Market Segmentation by End User Hospitals and Clinics Academic and Research Institutions Pharmaceutical and Biotechnology Companies Others Market Segmentation by Region North America NGS Sample Preparation Market • • • • • • • • • • • • • • • • • • • • • • oBy product oBy workflow oBy therapeutic area oBy application oBy end user oBy country – U.S. and Canada Europe NGS Sample Preparation Market • oBy product oBy workflow 4 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  5. oBy therapeutic area oBy application oBy end user oBy country – U.K., Germany, France, Spain, Italy, and Rest of Europe Asia-Pacific (APAC) NGS Sample Preparation Market • oBy product oBy workflow oBy therapeutic area oBy application oBy end user oBy country – China, India, Japan, South Korea, Australia, and Rest of APAC Latin America (LATAM) NGS Sample Preparation Market • oBy product oBy workflow oBy therapeutic area oBy application oBy end user oBy country – Brazil, Mexico, and Rest of LATAM Middle East and Africa (MEA) NGS Sample Preparation Market • oBy product oBy workflow oBy therapeutic area oBy application oBy end user oBy country – Saudi Arabia, South Africa, and Rest of MEA 5 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

  6. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. The information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. Kindly write to: enquiry@psmarketresearch.com B-13, Sector – 2, Noida, U.P. – 201301, INDIA Contact No: +91 120 4541 337 US/Canada Toll-Free: 1-888-778-7886 6 © Prescient & Strategic (P&S) Intelligence Pvt. Ltd. All rights reserved

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