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Global NGS Library Preparation market forecast 2018 to 2023

With the increasing demand of next-generation sequencing (NGS) library preparation solutions, the market is valued at USD 1.33 Bn by 2023.The CAGR is expected to grow by 11.3% during 2018-2023.

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Global NGS Library Preparation market forecast 2018 to 2023

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  1. Aarkstore Market Research

  2. Global NGS Library Preparation Market (2018-2023)

  3. Summary • Global NGS Library Preparation Market is expected to reach approximately USD 1.33 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 11.3% during 2018-2023. • Based on application, the small RNA sequencing market is anticipated to grow at a high CAGR of about 14.1% than that of the others. This is primarily because of its increased use as an identifier of novel biomarkers.

  4. Regional insights • North America is leading the innovation in the NGS library preparation market and occupied approximately 50% of the global market in 2017 • The North American NGS library preparation market is predicted to expand at a CAGR of 9.5% in the forecast period. • The Asia-Pacific region is growing at a high growth rate of about 14.0%.

  5. Products Segment Insights • The products of the NGS library preparation market in this report can be classified into consumables, instruments/workstations/platforms, and others (ancillary equipment). The consumables sub-segment dominates with a market share of 51.9%. This is mainly because of the rising demand for consumable products like library preparation reagents and other kits with growth prospects in research projects. • The challenge faced by the market is that most of the library preparation kits are designed to work with a particular brand of instrument. This, in turn, increases the bargaining power of supplier and restraints the wide adoption of these kits in mid and small-sized labs. The sub-segment is predicted to expand at a CAGR of 10.0% during the forecast period.

  6. Major Players • Illumina, Inc. • Roche Holding AG • ThermoFisher Scientific, Inc • PerkinElmer, Inc. • Qiagen NV • Bio-Rad Laboratories, Inc. • Abcam • Meridian Biosciences Inc. • EpigentekGroup Inc. • New England Biolabs Inc.

  7. RELATED REPORTS • Global Thiotepa Market Report 2019 - Market Size, Share, Price, Trend and Forecast • Global NGS In Agrigenomics Market Report 2019 - Market Size, Share, Price, Trend and Forecast • Global Electronic Dental Records Market Report 2019 - Market Size, Share, Price, Trend and Forecast

  8. About Us Aarkstore forms global market research reports from various industry verticals serving businesses worldwide. As market research report resellers, we partner with already established publishers for syndicated data and customized reports. Consequently, market research data by us is up-to-date and reliable for Industry analysis and future market forecasts.

  9. Contact Us AarkstoreEnterprisePhone:+91 7710006788Email:contact@aarkstore.com

  10. Thank You ! For More Details Please visit:https://www.aarkstore.com/healthcare/1323651/global-ngs-library-preparation-market-2018-2023 +91 9987295242|contact@aarkstore.com

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