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SOURCE Research and Markets
DUBLIN, January 31, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/zg2p2p/next_generation) has announced the addition of the "Next Generation Sequencing Report" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
NGS technologies drive the way toward personalized medicine
NGS technologies have demonstrated the capacity to sequence DNA at unprecedented speed, enabling previously unimaginable novel healthcare applications. By providing valuable data on patient genomes, NGS technologies are filling the gap separating traditional and personalized medicine. Along with a global shift toward personalized medicine and through the development of advanced bioinformatic tools, NGS technologies will have a striking impact on cancer management, treatments of rare diseases and future developments of genetic therapies.
The change will be gradual, starting with oncology where personalized medicine is more likely to be accepted. Physicians will have to change their way of working to take full advantage of this giant leap forward in medicine. To do so, medical school coursework will likely evolve in the near future to integrate how to work with genomics data.
The Next Generation Sequencing market is poised to reach $4.4B in 2018!
Starting its transition from research to clinical market, the Next Generation Sequencing (NGS) market will sharply grow from $2.2B to $4.4B in 2018.
That impressive growth will be fueled by huge investments recently made by Diagnostic companies (Thermo Fisher Scientific, Qiagen, Illumina) associated with the market entry of new products (PII and PIII, Qiagen's benchtop, Oxford Nanopore). Previously, the high cost of both sequencing machines and consumables limited the wide adoption of this technology. Today, those drawbacks have been resolved with the development of Next Generation Sequencing Technologies. The attractiveness of the NGS business has caused the number of suppliers to sharply increase over the last five years. Among them, Illumina is positioned in first place with around 46% of market share. Thermo Fisher Scientific, in second place, is the most important challenger.
This analysis provides 2013-2018 market data, along with player market shares at both equipment and consumable levels. Moreover, positioning strategy of each supplier has been analyzed in the document. Discover the NGS market's complex organization, split in four segments.
The market segmentation is a tool used to provide a vision of the market. Based on technical and economic criteria, fours segments have been identified: research, forensics, diagnostics and consumer.
Until recently, uses of Next Generation Sequencing tools were limited to research (human whole genome, exome, small genome, targeted, transcriptome, RNA profiling, chIP-Seq, metagenomics). Nowadays, NGS technologies have found applications mainly in two fields: clinical diagnostics and forensics. This investigation describes both current and future applications.
Key Topics Covered:
1. Executive summary
3. Market data
4. Market segmentation
5. Next Generation Sequencing technologies overview
6. Value chain and supply chain
7. Market trends and challenges
8. Company profiles
For more information visit http://www.researchandmarkets.com/research/zg2p2p/next_generation
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