Next-Generation Sequencing (NGS) Market Size, Status, Trends and Forecast 2021:Radiant Insights, Inc

Next-generation sequencing (NGS) is a DNA sequencing technology, which has emerged as a vital element in genomic research. It is gaining prominence as an everyday research tool among researchers to study biological systems at a more rapid pace than conventional sequencing methods such as Sanger sequencing.

Utilization of the NGS technology in IVD systems for clinical applications is likely to witness a sharp rise. For instance, in November 2017, Illumina, Inc. announced the launch of its NextSeq™ 550Dx instrument, a CE-IVD marked and FDA-regulated NGS system for the development of an array of IVD assays.

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Lower Turnaround Time to Make Targeted Sequence a Highly Preferred Product
Next-generation sequencing is used to describe a number of different modern sequencing technologies, including targeted sequencing, transcriptome sequencing, and exome sequencing. Demand for targeted sequence is likely to remain high for coming years. Declining sequencing costs and rising awareness regarding its advantages such as manageable data sets and lower turnaround time can contribute to the growth of the segment. Increasing number of projects being undertaken pertaining to protein expression analysis is translating into the greater uptake of targeted sequencing. Soaring need for analysis of smaller dataset can also supplement the growth of the segment.

Adoption rate of exome sequencing is likely to increase at a noteworthy pace in the near future. The growth of the segment can be attributed to rising research and development activities aimed at mapping human and non-human genomes. Uptake of exome sequencing is high for the study of rare Mendelian disorders as it is an effective way to detect genetic variants in the genes of an individual. Rapid technological advancements will also benefit the growth of the segment.

Market Insights
Increasing efforts by companies to boost awareness regarding NSG services and products through workshops and seminars can escalate the growth of the next-generation sequencing (NGS) market. Rising R&D activities promoting advancements in the field ofmetabolomics, transcriptomics, and proteomics are likely to provide a fillip to the market. Genomics and proteomics operate with the help of extensive structural information that needs to be gathered and arranged by means of determination of sequence and subsequent integrated data analysis.

As per the findings of a report added to Radiant Insights, Inc.; Asia Pacific is likely to remain a promising region during the forecast period (2017 to 2021). Improving healthcare infrastructure is anticipated to drive the market in the region. Some of the prominent companies in the market are CapitalBio Corporation, Thermo Fisher Scientific, Berry Genomics Co. Ltd., Roche, and Qiagen.

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About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 201 Spear St #1100, Suite #3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com

 

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2025 Global Legionella Testing Market And Trend Analysis Research Report:Radiant Insights, Inc

The global legionella testing market is expected to reach USD 352.6 million by 2025, according to a new study by Grand View Research Inc. The increasing prevalence of Legionella-related disorders, along with requirements of rapid diagnostic procedures, is expected to drive the industry growth.

According to CDC, the number of people suffering from Legionnaires’ disease was 4,548 in 2013. The incidence of pneumonia and related disorders is constantly rising due the contaminated environment. The rising incidence of Legionellosis will drive the market growth in the coming years, especially in the industrial sector.

The conventional bacterial testing is least preferred nowadays, since it is labor intensive and time consuming. Against the difficulties faced due to the conventional microbial testing methods, rapid automated tests are gaining popularity in the industry.

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Further Key Findings From the Study Suggest:

Water testing has been identified as the largest testing type segment in terms of revenue, due to increased water testing activities in various industries as a preventive measure to control infections

Water testing has also been projected as fastest growing segment over the forecast period followed by IVD testing

Among the types of water testing applications, microbial culture held the majority of market share in 2015 in terms revenue

On the other hand, PCR is expected to be the fastest growing water testing type over the forecast period

Urine antigen tests were identified as the largest IVD testing segment, while PCR is projected to be the fastest growing segment

Key market players in Legionella testing market include Beckman Coulter, Inc.; Bio-Rad Laboratories, Inc.; Alere, Inc.; Roche Diagnostics; Thermo Fischer Scientific, Inc.; and Becton, Dickinson and Company (BD)

Table of Contents

Chapter 1 Research Methodology & Scope
1.1 Information Procurement
1.1.1 Purchased database:
1.1.2 GVR’s internal database
1.2 Research Methodology
1.3 Geographic scope & assumptions
1.4 Region-wise market calculation
1.4.1 Region-wise market: Base estimates
1.4.2 Global market: CAGR calculation
1.5 Region-based segment share calculation
1.6 List of Secondary Sources

Chapter 2 Executive Summary
2.1 Market Snapshot

Chapter 3 Legionella Testing Market Variables, Trends & Scope
3.1 Market segmentation & scope
3.1.1 Market Driver Analysis
3.1.1.1 Rising incidence of pneumonia and Legionella-related illnesses
3.1.1.2 Increasing demand for rapid advanced diagnostic techniques
3.1.1.3 Technological advancements in the field of bacterial testing
3.1.2 Market Restraint Analysis
3.1.2.1 Insufficient disposable income in developing and underdeveloped countries
3.1.2.2 Complex regulatory framework affects product approvals
3.2 Legionella testing – SWOT Analysis, By Factor (political & legal, economic and technological)
3.3 Industry Analysis – Porter’s

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About Radiant Insights:
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. It assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. The Organization has a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

Media Contact:
Company Name: Radiant Insights, Inc
Contact Person: Michelle Thoras
Email: sales@radiantinsights.com
Phone: (415) 349-0054
Address: 28 2nd Street, Suite 3036
City: San Francisco
State: California
Country: United States
For more information, Visit: http://www.radiantinsights.com