• About Us
  • Contact Us
  • Submit News Release
Sunday, June 4, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
No Result
View All Result
The MEA Times
  • Middle East
    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    Riyadh hosts second edition of Global Project Management Forum

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

  • Europe
    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

  • Africa
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Business

    The Story Of GNU Taler, A Privacy-Respecting Digital Payment … – Business Review

    Top 10 most magnificent places for tourists to visit in Africa during the 2023 summer – Business Insider Africa

    Middle East Refining and Petrochemicals Market Analysis and Forecast, 2019-2028 – openPR

    Europe's business jet industry aims for green rebrand – Regina Leader Post

  • Tech

    Europe markets cautious after U.S. debt ceiling deal; SBB up 4% after it says sale possible – CNBC

    Revealed: Best tech companies to work for in 2023 – Edge Middle East – ITP.net

    In CEE, sustainability goals have become security goals – Emerging Europe

    Meta Fined $1.3bn In Europe’s Largest GDPR Punishment to Date – WinBuzzer

  • Lifestyle

    2023 Cardiac Pacemaker Market The Future of Home and Lifestyle … – SleterFC.com

    Explainer-What to expect from Nigeria's new president Bola Tinubu – Yahoo Lifestyle Australia

    Euromaxx – Lifestyle Europe – DW (English)

    GMG takes Middle East's largest sports retailer Sun & Sand Sports global – ZAWYA

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    Conventional Oil Market to reach USD 3493.71 Bn by 2029, emerging at a CAGR of 3.8 percent and forecast (2023-2029)

    Identity Verification Market Size, Share, Growth, Trends and Forecast – 2027

    Latin America: Opportunities and Challenges in On-Orbit Satellite Servicing (2023-2030)

    DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

  • Middle East
    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

    Riyadh hosts second edition of Global Project Management Forum

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

  • Europe
    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    Tamanneftegas organise un séminaire sur les investigations d’incidents.

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    محطة أوتيكو روسيا السائبة تفوز بجائزة التميز البيئي

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    تامانيفتيغاس تعقد ندوة حول التحقيق في الحادثة

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    Anavrin Equestrian Resort & Sports Club joins Healing Hotels of the World

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    ينظم منتجع ونادي أنافرين للفروسية إلى فنادق هيلينج هوتال أوف ذا وورد رأس الخيمة ٠ ٱلْإِمَارَاتُ ٱلْعَرَبِيَّةُ ٱلْمُتَّحِدَةُ

    تشير الدراسة الجديدة إلى أن الجوز من الممكن أن يمنع التأثيرات السلبية المتعلقة بالتوتر لدى طلاب الجامعة

    Walnuts, Alzheimer’s Disease Progression and General Good Brain Health

  • Africa
    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    BZR on Coinstore – a Significant Milestone for Bazaars

    BZR on Coinstore – a Significant Milestone for Bazaars

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

    أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

  • Business

    The Story Of GNU Taler, A Privacy-Respecting Digital Payment … – Business Review

    Top 10 most magnificent places for tourists to visit in Africa during the 2023 summer – Business Insider Africa

    Middle East Refining and Petrochemicals Market Analysis and Forecast, 2019-2028 – openPR

    Europe's business jet industry aims for green rebrand – Regina Leader Post

  • Tech

    Europe markets cautious after U.S. debt ceiling deal; SBB up 4% after it says sale possible – CNBC

    Revealed: Best tech companies to work for in 2023 – Edge Middle East – ITP.net

    In CEE, sustainability goals have become security goals – Emerging Europe

    Meta Fined $1.3bn In Europe’s Largest GDPR Punishment to Date – WinBuzzer

  • Lifestyle

    2023 Cardiac Pacemaker Market The Future of Home and Lifestyle … – SleterFC.com

    Explainer-What to expect from Nigeria's new president Bola Tinubu – Yahoo Lifestyle Australia

    Euromaxx – Lifestyle Europe – DW (English)

    GMG takes Middle East's largest sports retailer Sun & Sand Sports global – ZAWYA

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
  • Press Releases

    Conventional Oil Market to reach USD 3493.71 Bn by 2029, emerging at a CAGR of 3.8 percent and forecast (2023-2029)

    Identity Verification Market Size, Share, Growth, Trends and Forecast – 2027

    Latin America: Opportunities and Challenges in On-Orbit Satellite Servicing (2023-2030)

    DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

    AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

    3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

    Lighting Transformer Market to reach USD 3 Bn by 2029, emerging at a CAGR of 5.4 percent and forecast (2023-2029)

No Result
View All Result
The MEA Times
No Result
View All Result
Home Press Releases

NGS Library Preparation Market Worth $3.15 Billion by 2029

by admin
August 5, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, August 05, 2022 ) According to a new market research report titled, ‘NGS Library Preparation Market by Product (Kits, Reagents, Instruments), Sequencing Type (Genome, Exome, Targeted), Application (Diagnostics, Discovery), End User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic) – Global Forecast to 2029,’ published by Meticulous Research®, the NGS library preparation market is expected to reach $3.15 billion by 2029 at a CAGR of 14.8% from 2022 to 2029.

Next-generation sequencing (NGS) library preparation is a crucial process in NGS workflow. It is the process of preparing the nucleic acid target into a form compatible with the sequencing system. The DNA and RNA samples need to be isolated, fragmented, end-repaired, and covalently linked to adapters using ligation or tagmentation methods before the sequencing. Furthermore, various reagents, kits, and instruments are available in the market for NGS library preparation.

The factors driving the NGS library preparation market are the declining sequencing costs, the rising prevalence of genetic disorders, the increasing utilization of NGS in diagnostics, and the increasing R&D investments and healthcare expenditure. Furthermore, the rising applications of next-generation sequencing and the increasing collaborations between companies to develop library preparation protocols are expected to provide significant opportunities for the growth of this market.

However, budget constraints in developing countries are expected to restrain the growth of this market to a notable extent. In addition, factors such as the limited expertise and sequencing capabilities of mid and small-sized laboratories and the regulatory & standardization concerns in diagnostic testing are the major challenges to the growth of this market.

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5319

The Impact of COVID-19 on the NGS Library Preparation Market

In March 2020, the World Health Organization (WHO) declared the novel COVID-19 outbreak a global pandemic. Since then, various mutations have led to the emergence of new COVID-19 variants. The next-generation sequencing technology has greatly helped in the battle against COVID-19 by identifying and keeping track of the SARS‐CoV‐2 virus mutations. The rapid spread of various COVID-19 variants such as the Alpha (B.1.1.7), Beta (B.1.351), Gamma (P1, Brazil), Delta (B.1.617.2), and Omicron (B.1.1.529) strains has highlighted the importance of next-generation sequencing to detect mutations quickly and prevent the spread of new strains. The threat of new COVID-19 variants persists, and scientists are striving to identify different emerging variants. Next-generation sequencing (NGS) plays a vital role in tracking the development and spread of new variants of the SARS‐CoV‐2 virus as it provides precision at the nucleotide level.

Companies started receiving regulatory approvals for the COVID-19 diagnostic tests. In June 2020, Illumina, Inc. (U.S.) received the U.S. FDA emergency use authorization (EUA) for the Illumina COVIDSeq test, an NGS-based diagnostic test for the detection of COVID-19. In addition, various companies have been actively collaborating to support the demand for accurate and widespread testing. For instance, in August 2020, Beckman Coulter, Inc. (U.S.) collaborated with Fry Laboratories, LLC (U.S.) and BioID Genomics, Inc. (U.S.) to develop a rapid NGS diagnostics technology for the detection of COVID-19. Through this collaboration, Beckman Coulter shared its expertise in automation and integrated it with Fry Laboratories’ NGS library preparation technologies.

Hence, the outbreak of the COVID-19 pandemic accelerated the demand for NGS in various diagnostics and research applications, subsequently driving the growth of the NGS library preparation market.

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5319

The NGS library preparation market is segmented based on product, application, sequencing type, end user, and geography. The study also evaluates industry competitors and analyzes the market at the country level.

Based on product, in 2022, the reagents & consumables segment is estimated to account for the largest share of the ngs library preparation market. The large market share of this segment is attributed to factors such as the recurring demand for reagents & kits for NGS library preparation, new library preparation kit launches, and increased adoption of NGS in clinical diagnostics.

Based on Application, in 2022, the disease diagnostics segment is estimated to account for the largest share of the ngs library preparation market. The large market share of this segment is attributed to the high adoption of NGS for cancer diagnostics, the growing need for early disease diagnosis, and the high prevalence of cancer and other rare genetic disorders.

Based on sequencing type, in 2022, the targeted sequencing segment is estimated to account for the largest share of the ngs library preparation market.The large market share of this segment is attributed to the advantages offered by targeted sequencing in terms of cost, time, and data analysis for specific areas of interest over other sequencing methods and the high utilization of targeted sequencing in clinical diagnostics.

Based on end user, in 2022, the hospitals & diagnostic laboratories segment is estimated to account for the largest share of the ngs library preparation market. The large market share of this segment is attributed to the growing demand for improved diagnostic and treatment decisions using genetic testing, the high rate of hospitalizations due to the rising prevalence of chronic diseases, and the rising number of biomarker-based therapies.

Quick Buy – NGS Library Preparation Market Research Report: https://www.meticulousresearch.com/Checkout/44681732

Based on geography, in 2022, North America is estimated to account for the largest share of the ngs library preparation market, followed by europe and asia-pacific.North America’s major market share is attributed to the high adoption of NGS-based diagnostic testing, the high investments in R&D, and the increasing government support and investments to enhance the genome sequencing infrastructure in the region. However, Asia-Pacific is slated to register the fastest growth rate in the NGS library preparation market during the forecast period. The high market growth in Asia-Pacific is driven by the healthcare infrastructure advancements in the region, the increasing government focus on sequencing projects, the increasing prevalence of various chronic & infectious diseases, a large number of patients with gene-associated disorders, and the rising research activities for the development of personalized medicines.

The report includes an extensive assessment of the market based on product, application, sequencing type, end user, and geography. The study also provides valuable insights into the key growth strategies adopted by major market players between 2019 and 2022. In recent years, the NGS library preparation market has witnessed numerous product launches, agreements, collaborations, partnerships, and acquisitions.

The key players profiled in this market study are Illumina, Inc. (U.S.), Thermo Fisher Scientific Inc. (U.S.), QIAGEN N.V. (Germany), Agilent Technologies, Inc. (U.S.), Beckman Coulter Inc. (U.S.) (Subsidiary of Danaher Corporation), Becton, Dickinson and Company (U.S.), Pacific Biosciences of California, Inc. (U.S.), PerkinElmer Inc. (US), F. Hoffmann-La Roche AG (Switzerland), New England Biolabs, Inc. (U.S.), Tecan Group Ltd. (Switzerland), Merck KGaA (Germany), and Integrated DNA Technologies, Inc. (U.S.).

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/ngs-library-preparation-market-5319

Scope of the Report:

NGS Library Preparation Market, by Product
Reagents & Consumables
Library Preparation Kits
DNA Library Preparation Kits
RNA Library Preparation Kits
Other Reagents & Consumables
Instruments & Workstations
Note: Other reagents & consumables include various extraction kits, amplification kits, consumables, and laboratory reagents

NGS Library Preparation Market, by Application
Disease Diagnostics
Cancer Diagnostics
Reproductive Health Diagnostics
Infectious Disease Diagnostics
Other Disease Diagnostic Applications
Drug Discovery
Other Applications
Note: Other disease diagnostic applications include applications in cardiovascular diseases, detection of genetic aberrations in neurological disorders, rare diseases, metabolic and immune disorders, and foodborne illnesses.

Note: Other applications include basic research (genomics, molecular biology, and other life sciences), agriculture & animal research, and forensics & food microbiology.

NGS Library Preparation Market, by Sequencing Type
Targeted Genome Sequencing
Whole Genome Sequencing
Whole Exome Sequencing
Other Sequencing Types
Note: Other Sequencing types include degradome sequencing, chromatin immunoprecipitation (ChIP) sequencing, and methylation sequencing

NGS Library Preparation Market, by End User
Hospitals & Diagnostic Laboratories
Pharmaceutical and Biotechnology Companies
Academic Institutes & Research Centres
Others End Users
Note: Other end users include forensic laboratories & security agencies, the food industry, and the agriculture industry

NGS Library Preparation Market, by Geography
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Rest of Europe (RoE)
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific (RoAPAC)
Latin America
Middle East & Africa

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5319



Source link

Previous Post

Cera raises Europe’s biggest ever round in elderly care sector

Next Post

Real-world Data Market Worth $2 billion by 2029

RelatedNews

Press Releases

Identity Verification Market Size, Share, Growth, Trends and Forecast – 2027

May 29, 2023
Press Releases

Latin America: Opportunities and Challenges in On-Orbit Satellite Servicing (2023-2030)

May 29, 2023
Press Releases

DataOps Platform Market Outlook To 2028 | Precise Scenario with Latest Trends, Opportunities, Growth Overview

May 29, 2023
Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™
Press Releases

Catheters Market worth $24.2 billion by 2025 – Exclusive Report by MarketsandMarkets™

May 29, 2023
Press Releases

AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

May 29, 2023
Press Releases

3D Surveillance Software Market to Hit USD 176.66 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

May 29, 2023
Submit a Press Release

Subscribe to our Newsletter

    Recommended

    The Future of 3D Printing Gases: Market Demand and Growth Opportunities

    The Future of 3D Printing Gases: Market Demand and Growth Opportunities

    1 month ago

    Sterilization Technologies Market Increasing Demand For Sterility Testing Techniques

    8 months ago

    Subscribe to our Newsletter

      Share Us:

      Share on facebook
      Share on twitter
      Share on linkedin
      Share on pinterest

      Category

      Middle East
      Europe
      Africa
      Business
      Tech
      Lifestyle
      Pres Releases

      Recent Post

      Recent Posts
      • Neutrino Energy: استكشاف الإمكانات غير المستغلة لطاقة النيوترينو
      • الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع
      • Riyadh hosts second edition of Global Project Management Forum
      • AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

      About Us

      The MEA Times reports and aggregates business, Tech and lifestyle news on EMEA regions.

      We provide press release distribution to media outlets in Africa, Middle East and Europe. Submit a press release or contact us today.

      The MEA Times is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC
      • About Us
      • Contact Us
      • Submit News Release
      Menu
      • About Us
      • Contact Us
      • Submit News Release
      No Result
      View All Result
      • Middle East
      • Europe
      • Africa
      • Business
      • Tech
      • Lifestyle
      • Press Releases

      © 2022 - MeaTimes.com