Global Next Generation Sequencing Library Preparation Market

Report ID : 1490 | Published : 2022-12-03 | Pages: | Format: PDF/EXCEL

The market size of the Global Next Generation Sequencing Library Preparation Market in the year 2021 is valued at 1.44 billion and is predicted to reach 3.96 billion by the year 2030 at an 12.13% CAGR during the forecast period.

The massively sequencing technology known as "next-generation sequencing" (NGS) provides extremely high throughput, scalability, and speed. The global market for NGS sample preparation is projected to be stimulated by developments in the life sciences sector that reduce workflow to increase effectiveness and quality. The main obstacles to the expansion of this industry include issues with regulations and standards in diagnostic testing, as well as the limited experience and sequencing capabilities of mid and small-sized laboratories. Companies in the NGS sample preparation market are expanding their income streams by taking advantage of new animal research and agriculture prospects. This is clear given that the market is expected to grow at an astounding CAGR throughout the evaluation period. The need for NGS sample preparation will continue to grow both now and in the future.

Furthermore, the current studies and research in this area fuel the market expansion for NGS sample preparation. Governmental and non-governmental entities fund research organizations for their NGS sample preparation initiatives. Businesses in the NGS sample preparation market are building a solid research foundation for determining how coronavirus strains may impact animal health. To prevent food waste globally, NGS is assisting in tracing the origin of plant illnesses. A thorough description of the RNA and DNA virome that causes foodborne viral infections is also provided by viral partial genomic sequencing.

Market Segmentation:

The next-generation sequencing library preparation market is segmented on the sequesncing type, product, applications and end-use. Based on the sequencing type, the next-generation sequencing library preparation market is segmented into Targeted Genome Sequencing, Whole Genome Sequencing, Whole Exome Sequencing, and Other Sequencing Types. Based on product, the next-generation sequencing library preparation market is segmented into Reagents & Consumables (DNA library preparation kits, library preparation kits, RNA library preparation kits, other reagents & consumables) and instruments. Based on application, the next-generation sequencing library preparation market is segmented into Drug & Biomarker Discovery, Disease Diagnostics (Cancer Diagnostics, Reproductive Health Diagnostics, Infectious Disease Diagnostics, Other Disease Diagnostic Applications), drug discovery and other applications. Based on end-use, the next-generation sequencing library preparation market is segmented into Hospitals and Clinics, Academic and Research Institutions, Pharmaceutical and Biotechnology Companies, and Others.

Based on the product, the library preparation kit segment is a major contributor to the next-generation sequencing library preparation market.

The most significant revenue share was accounted for by the library preparation category, which is anticipated to dominate the NGS sample preparation market over the projected period because of the rising prevalence of cancer medical problems and the increased importance of research operations. Furthermore, new opportunities for sample sequencing at astounding levels of coverage have been opened up by recent developments in library preparation sequencing kits. With technology, library preparation can sequence nucleic acids and has significantly higher sensitivity than other traditional approaches.

The hospital & diagnostics segment witnessed growth at a rapid rate.

Hospitals & diagnostics grabbed the highest revenue share, and it is anticipated that they will continue to hold that position during the expected time. The high proportion of this market can be ascribed to some factors, including the expanding applications of NGS in medicine, the rising use of NGS in the diagnosis of infectious diseases, hereditary diseases, and cancers, and the expanding use of precision medicine. The accuracy and consistency of genetic diagnosis have increased due to the growing use of NGS in diagnostic laboratories. Advanced genetic diagnostic techniques are used in prenatal and predictive genetic testing.

The North American next-generation sequencing library preparation market holds a significant regional revenue share.

The North American next-generation sequencing library preparation market is expected to register the highest market share in revenue soon. This is because sequencing technology and NGS sample preparation sequencing solutions are widely used there. Additionally, the rise in NGS-based clinical and research applications and the favourable government and private body activities for developing and implementing NGS technologies all contribute to the regional market's growth. Besides, the Asia Pacific market is anticipated to grow the fastest over the next few years. The expansion of medical research, the growing popularity of specific treatments, and the presence of eminent service providers in the area are further likely to boost the regional market growth.

Competitive Landscape

Some major key players in the Next Generation Sequencing Library Preparation market are Agilent Technologies, Inc., Integrated DNA Technologies, F. Hoffmann-La Roche AG, Inc., Illumina, Inc., Beckman Coulter Inc. (now part of Danaher Corporation), Merck KGaA, Becton, Dickinson and Company, New England Biolabs, Inc., PerkinElmer Inc., QIAGEN N.V., Pacific Biosciences of California, Inc., Thermo Fisher Scientific Inc., and Tecan Group Ltd.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Next-generation Sequencing Library Preparation Market Snapshot

Chapter 4. Global Next-generation Sequencing Library Preparation Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Sequencing Type Estimates & Trend Analysis

5.1. by Sequencing Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Sequencing Type:

5.2.1. Targeted Genome Sequencing

5.2.2. Whole Genome Sequencing

5.2.3. Whole Exome Sequencing

5.2.4. Other Sequencing Types

Chapter 6. Market Segmentation 2: by Products Estimates & Trend Analysis

6.1. by Products & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Products:

6.2.1. Reagents & Consumables

6.2.1.1. DNA Library Preparation Kits

6.2.1.2. Library Preparation Kits

6.2.1.3. RNA Library Preparation Kits

6.2.1.4. Other Reagents & Consumables

6.2.2. Instruments

Chapter 7. Market Segmentation 3: by Application Estimates & Trend Analysis

7.1. by Application & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Application:

7.2.1. Drug & Biomarker Discovery

7.2.2. Disease Diagnostics

7.2.2.1. Cancer Diagnostics

7.2.2.2. Reproductive Health Diagnostics

7.2.2.3. Infectious Disease Diagnostics

7.2.2.4. Other Disease Diagnostic Applications

7.2.3. Others

Chapter 8. Market Segmentation 4: by End Use Estimates & Trend Analysis

8.1. by End Use & Market Share, 2019 & 2030

8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by End Use:

8.2.1. Hospitals and Clinics

8.2.2. Academic and Research Institutions

8.2.3. Pharmaceutical and Biotechnology Companies

8.2.4. Others

Chapter 9. Next-generation Sequencing Library Preparation Market Segmentation 5: Regional Estimates & Trend Analysis

9.1. North America

9.1.1. North America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Sequencing Type, 2022-2030

9.1.2. North America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Products, 2022-2030

9.1.3. North America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.1.4. North America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2022-2030

9.1.5. North America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.2. Europe

9.2.1. Europe Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Sequencing Type, 2022-2030

9.2.2. Europe Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Products, 2022-2030

9.2.3. Europe Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.2.4. Europe Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2022-2030

9.2.5. Europe Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.3. Asia Pacific

9.3.1. Asia Pacific Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Sequencing Type, 2022-2030

9.3.2. Asia Pacific Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Products, 2022-2030

9.3.3. Asia-Pacific Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.3.4. Asia-Pacific Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2022-2030

9.3.5. Asia Pacific Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.4. Latin America

9.4.1. Latin America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Sequencing Type, 2022-2030

9.4.2. Latin America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Products, 2022-2030

9.4.3. Latin America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.4.4. Latin America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2022-2030

9.4.5. Latin America Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

9.5. Middle East & Africa

9.5.1. Middle East & Africa Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Sequencing Type, 2022-2030

9.5.2. Middle East & Africa Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Products, 2022-2030

9.5.3. Middle East & Africa Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by Application, 2022-2030

9.5.4. Middle East & Africa Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2022-2030

9.5.5. Middle East & Africa Next-generation Sequencing Library Preparation Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

Chapter 10. Competitive Landscape

10.1. Major Mergers and Acquisitions/Strategic Alliances

10.2. Company Profiles

10.2.1. Agilent Technologies, Inc

10.2.2. Integrated DNA Technologies

10.2.3. F. Hoffmann-La Roche AG, Inc

10.2.4. Illumina, Inc

10.2.5. Beckman Coulter Inc. (now part of Danaher Corporation)

10.2.6. Merck KGaA, Becton

10.2.7. Dickinson and Company

10.2.8. New England Biolabs, Inc

10.2.9. PerkinElmer Inc

10.2.10. QIAGEN N.V

10.2.11. Pacific Biosciences of California, Inc

10.2.12. Thermo Fisher Scientific Inc

10.2.13. Tecan Group Ltd

10.2.14. Other Prominent Players

By Sequencing Type

  • Targeted Genome Sequencing
  • Whole Genome Sequencing
  • Whole Exome Sequencing
  • Other Sequencing Types

 By Product-

  • Reagents & Consumables
    • DNA Library Preparation Kits
    • Library Preparation Kits
    • RNA Library Preparation Kits
    • Other Reagents & Consumables
  • Instruments

By Application

  • Drug & Biomarker Discovery
  • Disease Diagnostics
    • Cancer Diagnostics
    • Reproductive Health Diagnostics
    • Infectious Disease Diagnostics
    • Other Disease Diagnostic Applications
  • Other Applications

By End use

  • Hospital & Diagnostic Laboratories
  • Pharmaceutical & Biotechnology Industry
  • Academics & Research

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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