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Europe Next Generation Sequencing (NGS) Market-converted

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Europe Next Generation Sequencing (NGS) Market By Product - (software And Services) By Technology – (whole Targeted Re-sequencing, Genome Sequencing, De Novo Sequencing, Exome Sequencing, RNA-Seq, ChIP-Seq And Methyl-Seq)
Rising Applications of NGS in Clinical Diagnosis is promoting the growth of
Europe Next Generation Sequencing (NGS) Market
Overview
Next Generation Sequencing (NGS) is an era in which millions and billions of DNA strands can be
sequenced by big parallelization. This technique is also called high throughput sequencing. NGS
minimizes the requirement for fragment-cloning techniques used in Sanger sequencing of
genomes. Low fee, excessive accuracy and velocity, and precise results even from low sample
input are the primary benefits NGS offers over Sanger’s sequencing approach.
The following generation sequencing is a DNA sequencing era that has revolutionized genomic
research and has drawn big interest from the medical research community.
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The Europe Next Generation Sequencing market which becomes worth USD 1.16 billion by the
cease of 2018 is anticipated to attain USD 2.35 billion through 2023 at a CAGR of 15.17%.
Drivers and Restraints:
Increasing the usage of personalized medicine, development in NGS bioinformatics and pre
sequencing solutions and cloud computing, growth in the populace, increasing occurrence of
infectious diseases and chronic diseases consisting of cancer are few factors driving the market
growth. further, expected decrease within the prices of genome sequencing because of
development of speedy, high capability entire genome sequencers by key gamers is assume to
reveal a positive impact on market penetration fees over the few years.
However, the storage and control of statistics generated by sequencing and its interpretation,
excessive reliability on offers & funding from the government and fall in capital expenditure
from instructional establishments are some of the key challenges for the market growth.
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Geographic Segmentation
On the basis of geography, the Europe Next Generation Sequencing market is analyzed below
diverse regions specifically, Spain, Germany, United Kingdom, France, and Italy. Europe is
poised to account for the top marketplace percentage of the NGS market, followed by means of
Europe. Asia-Pacific region gives crucial opportunities for the buyer's capitalists as a result of
the developed markets get saturated.
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Some of the prominent players of the market include Illumina Incorporated, Thermo Fischer
Scientific, Life Sciences (Roche), Pacific Biosciences, Life Technologies Corp. (Thermo Fischer
Scientific), Macrogen Inc., Partek Inc., Genomatix Software GmbH, Perkin Elmer inc., GATC
Biotech Ag, Agilent Technologies Inc., Biomatters Ltd., CLC Bio (Qiagen), BGI (Beijing Genomics
Institute), Oxford Nanopore Technologies Ltd., Pacific Biosciences, DNASTAR Inc., Knome Inc.,
Illumina Inc., and Qiagen N.V.
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of
market potential and forecasts with utmost granularity. Along this, the factors influential in
effecting the market dynamics and trends are discussed in detail at the product level. Further,
the performance of the market at the regional and country-level is assessed and the prospects
with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance,
market position and growth strategies. Comparative analysis on prime strategical activities of
the market players delineating the key developments like mergers & acquisitions,
collaborations and an evaluation of the competitive environment within the industry are
provided. The report also offers a broad outlook of the market along with recommendations
from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and
experience in designing custom reports to meet your specific research needs and assist you in
making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Author
Bhargav
Bhargav410   documents Email
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Business and Leadership
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