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Published Date: Market Synopsis:. Technological developments in NGS platforms, reduction in sequencing costs, and favorable reimbursement scenarios for NGS diagnostics tests are some key factors boosting market revenue growth. NGS technology helps to determine sequence of DNA molecules with total size of over 1 million base pairs within a limited time frame.

Exam (elaborations)

Continuous research and development related to advancements in NGS platforms and sample preparation have resulted in easier access to standardized sample preparation procedures and protocols. Library preparation, quality control, and target enrichment are crucial pre-sequencing steps that help in generation of high-quality and accurate data. Significant factors such as rising adoption of NGS in diagnostics owing to reduced costs of NGS products combined with introduction of low-cost sequencing techniques visit web page driving global market revenue growth. Also, rising incidence of infectious diseases and chronic diseases, genetic disorders, and adoption of NGS in cancer diagnostics and management are some significant factors boosting growth of the NGS sample preparation market.

Moreover, factors such as development of enhanced products for generating high-quality libraries with high yield for successful sequencing are expected to open up more lucrative opportunities for leading companies and boost market growth in the coming years. Market Dynamics: Driver: Increasing incidence of genetic diseases and rising demand for The business analysis stage of a new-product development process in molecular diagnostics and personalized medicine.

There has been a sudden increase in incidence of genetic disorders around the globe.

Tentamen (uitwerkingen)

Major developments in RNA and DNA sequencing technologies has enhanced understanding of molecular characteristics of various genetic disorders. Increasing utilization of NGS to detect characteristics of these genetic disorders is surging market revenue growth. Technological advancements in NGS technology and its increasing adoption in clinical molecular sciences is boosting demand for NGS in personalized medicine as it enables designing specific chips for diseases of known etiology or targets specific genome sequencing of various disease-causing genes of unknown etiology. Additionally, increasing funding by government and private sectors to support large-scale sequencing projects is expected to fuel growth of the NGS sample preparation market going ahead.

Restraint: High priced automated NGS sample preparation instruments and low availability of genetic testing centers. With the business analysis stage of a new-product development process rising incidence of infectious diseases, there has been an increasing demand for NGS techniques and genetic testing centers. However, unavailability of advanced genetic testing centers in various countries in different parts of the world is a major restraint impacting market growth. High costs associated with NGS sample preparation instruments and equipment is another factor impeding growth of the NGS sample preparation market.

Moreover, stringent regulatory standards imposed on This web page sample preparation is expected to hamper market growth to a certain extent in the coming years.

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Product Type Outlook:. The reagents and consumables segment is projected to register robust revenue growth between and owing to factors such as rapid adoption of NGS-based testing, rapid technological developments, and availability of highly precise plates, tips, pipettes, and effective reagents. On the other hand, the NGS workstations segment revenue is expected to expand at a rapid revenue CAGR over the forecast period owing to factors such as high efficiency, reduction in hands-on time, and ability for maximizing scheduling. Workflow Outlook:. The library preparation segment accounted for largest market share in and is to account for significant revenue contribution during the forecast period.]

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