Global Next Generation Sequencing Sample Preparation Market Opportunities and Forecast 2023-2030

Next Generation Sequencing Sample Preparation Market Overview

The global Next Generation Sequencing Sample Preparation market is expected to grow at the highest rate in the next few years. This growth can be attributed to the development of products that allow the generation of high-quality libraries of sufficient quality as well as the yield for successful sequencing. Life sciences is a rapidly growing industry, including a mix of technology and life science. Current technical and scientific advantages boost the global NGS sample preparation market owing to the introduction of advanced innovations and expansion of developing markets. Moreover, development in the life sciences industry with a streamlined workflow to improve efficiency and quality is expected to propel the global NGS sample preparation market.

Furthermore, NGS sample preparation tool manufacturers and service-providing companies are collaborating for the development of innovative and more accurate diagnostic tools. In addition to this, genetic testing is widely used in the pre-diagnosis of several chronic and genetic diseases such as cancer, diabetes, and certain neural disorders. Demand for quality healthcare and preventive diagnostics is projected to increase, which is expected to rise the use of the NGS technique. Eventually, it boosts the growth of the NGS sample preparation market. 

However, while the costs involved in NGS have reduced to some extent, they have not reached a level where broad adoption across developing markets can be achieved. This prime factor may hamper the growth of the market.

Covid-19 Impact on Next Generation Sequencing Sample Preparation Market

In addition, the current Next Generation Sequencing Sample Preparation Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Next Generation Sequencing Sample Preparation Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.

The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.

Next Generation Sequencing Sample Preparation Market Segment Overview

Based on workflow, the Semi-automated Library Preparation segment has the largest share of the market. This is due to the combination of manual and automated approaches for library preparation. In the combination method, automation is used for the ligation of molecular barcoded adaptors, end repair, and purification reactions to carry out ligation of SOLiD adaptors to the processed DNA. Additionally, the manual steps of semi-automated library preparation methods include gel purification and library amplification. Besides this, the introduction of automated library preparation solutions is anticipated to boost the growth of the segment. 

According to the application, the Oncology segment has significant growth in the market. This can be attributed to the presence of several players involved in the development of oncology targeted panels. These panels pronounce the demand for sample preparation solutions. As well, companies are associating with the leading biotechnology firms for the development of oncology companion diagnostics products.

Next Generation Sequencing Sample Preparation Market, By Workflow

·       NGS Library Preparation Kits
·       Semi-automated Library Preparation
·       Automated Library Preparation
·       Clonal Amplification

Next Generation Sequencing Sample Preparation Market, By Application

·       Oncology
·       Clinical Investigation
·       Reproductive Health
·       HLA Typing/Immune System Monitoring
·       Metagenomics, Epidemiology & Drug Development
·       Agrigenomics & Forensics
·       Consumer Genomics

Next Generation Sequencing Sample Preparation Market, By End-User

·       Academic Research
·       Clinical Research
·       Hospitals & Clinics
·       Pharma & Biotech Entities
·       Other

Next Generation Sequencing Sample Preparation Regional Overview

In terms of region, North America accounted for the largest share in the Next Generation Sequencing Sample Preparation market and is predictable to maintain its supremacy over the forecast period. Factors such as the concurrent developments of next-generation sequencing, personalized medicine, and companion diagnostics in the region are fuelling the market expansion. In addition to this, the technologically advanced healthcare research framework, the presence of high R&D investment as well as the presence of significant players in the region are boosting the growth of the market. Similarly, the Asia Pacific is expected to register the fastest growth during the forecast period. This is mainly due to and technological advances in the developing countries of this region. Moreover, the presence of the diseased population increases the clinical trial associated activities in the region, this fact boosting the demand for NGS solutions.

Next Generation Sequencing Sample Preparation Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)

Next Generation Sequencing Sample Preparation Market Competitor overview

Some key developments and strategies adopted by manufacturers in Next Generation Sequencing Sample Preparation are highlighted below.

·       In December 2020, New England Biolabs (NEB®) announced the expansion of its RNA depletion product portfolio with the launch of the NEBNext Custom RNA Depletion Design Tool and NEBNext RNA Depletion Core Reagent Set.

·       In June 2020, 10x Genomics, Inc. and Merck entered into a partnership to provide impactful linking of two innovative technologies: single-cell transcriptomics and pooled CRISPR screening and researchers with more detailed information to better understand the relationship between specific genes and disease

Next Generation Sequencing Sample Preparation Market, Key Players

·       QIAGEN
·       Thermo Fisher Scientific, Inc.
·       Merck KGaA
·       F. Hoffmann-La Roche Ltd.
·       Agilent Technologies
·       Promega Corporation
·       Illumina, Inc.
·       Integrated DNA Technologies, Inc.
·       New England Biolabs
·       Tecan Trading AG.