Next generation sequencing (NGS) Market | Investment by Pharmaceutical and Biotechnology Companies Fuel the Industry Growth

Global Next generation sequencing (NGS) Market is estimated to grow at a 20.1% CAGR from 2022 to 2030.


Pune, April 05, 2022 (GLOBE NEWSWIRE) -- The market for next generation sequencing can be segmented based on product & services, technology, application, end-users and geography.  The product segment can be categorized as Pre-Sequencing Products & Services, NGS Consumables, Platforms, & Services for Platforms, Sequencing Services and NGS Data Analysis, Storage, and Management (Bioinformatics).

Next generation sequencing (NGS) Market by Regions

Geographically, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (Latin America (LATAM), and Middle East and Africa (MENA).  North America accounted for the largest market share of the market followed by Europe.  However, during the forecast period Asia-Pacific region is anticipated to record highest growth owing to wide penetration of the technology and technological advancement in NSG, increasing focus on drug discovery initiatives by healthcare and biopharmaceutical companies, investment by pharmaceutical and biotechnology companies in drug discovery are some of the key factors expected to drive the growth of next generation sequencing market.

Next generation sequencing (NGS) Market Prominent Players

Some of the major players operating in the global NGS market are Agilent Technologies, 10x Genomics, Beckman Coulter (A Subsidiary of Danaher), Becton, Dickinson and Company, Eurofins Scientific, Pacific Biosciences of California, Inc., BGI, Illumina, Inc., F. Hoffmann-La Roche AG, among others.


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Vendor Assessment

Vendor assessment includes a deep analysis of how vendors are addressing  the demand in the Orthopedic Implants Market. The MDC CompetetiveScape model was used to assess qualitative and quantitative insights in this assessment. MDC's CompetitiveScape is a structured method for identifying key players and outlining their strengths, relevant characteristics, and outreach strategy. MDC's CompetitiveScape allows organizations to analyze the environmental factors that influence their business, set goals, and identify new marketing strategies. MDC Research analysts conduct a thorough investigation of vendors' solutions, services, programs, marketing, organization size, geographic focus, type of organization and strategies.

Technology Assessment

Technology dramatically impacts business productivity, growth and efficiency.Technologies can help companies develop competitive advantages, but choosing them can be one of the most demanding decisions for businesses. Technology assessment helps organizations to understand their current situation with respect to technology and offer a roadmap where they might want to go and scale their business. A well-defined process to assess and select technology solutions can help organizations reduce risk, achieve objectives, identify the problem, and solve it in the right way. Technology assessment can help businesses identify which technologies to invest in, meet industry standards, compete against competitors.

Business Ecosystem Analysis

Advancements in technology and digitalization have changed the way companies do business; the concept of a business ecosystem helps businesses understand how to thrive in this changing environment. Business ecosystems provide organizations with opportunities to integrate technology in their daily business operations and improve research and business competency. The business ecosystem includes a network of interlinked companies that compete  and cooperate to increase sales, improve profitability, and succeed in their markets. An ecosystem analysis is a business network analysis that includes the relationships amongst suppliers, distributors, and end-users in delivering a product or service.


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Regions and Countries Covered

North America (US, Canada), Europe (Germany, UK, France, Spain, Italy, and Rest of Europe), Asia-Pacific (Japan, China, Australia, India, Rest of Asia-Pacific), and Rest of the World (RoW)

Report Coverage

Orthopedic Implants Market Dynamics, Covid-19 Impact on the Orthopedic Implants Market, Vendor Profiles, Vendor Assessment, Strategies, Technology Assessment, Product Mapping, Industry Outlook, Economic Analysis, Segmental Analysis, Orthopedic Implants Market Sizing, Analysis Tables

Vendor Profiles Covered

All Major Tier-1, Tier-2, and Tier-3 companies are covered in this Orthopedic Implants Market report (25 Vendor Profiles)

Additional vendors profiles can be added based on client business requirements*

At MDC Research, we offer research solutions to help businesses break the barriers of doubt or uncertainties when they plan to expand their growth. Our researchers compile data and information that help chief executive officers decide which growth opportunities in a market to pursue.

MDC Research is known for conducting well-researched reports, and the expertise of our researchers contributes to the outstanding quality of our reports. MDC Research enables businesses to make impactful decisions by blending innovation and analytical thinking. Our unique blend of these two skills assures you access to the most complete and up-to-date information about your industry.

MDC Research has a wealth of experience using the latest methodologies to develop reports for a wide range of clients in diverse markets. Our commitment to delivering high-quality research and creating innovative reports is one of the reasons why MDC Research is such a trusted name in the business world today.


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The MDC Research growth formula provides a way for stakeholders and CXOs to measure the current state of the market.

  • Current and Future Trends Analysis
  • Indeep Understanding of Industry landscape
  • Focused Region/Country Assessment
  • The Impact of COVID-19 on Present and Future Market
  • Analyzing Government Policies / Initiatives / Regulations
  • Competitive Benchmarking
  • Prominent and SME's Strategies for Expansion


MDC Research conducts in-deep analysis on growth opportunities, driving factors, and challenges in the market. The stakeholders and CXOs will be able to better handle the situation by knowing about the risks.

Current and Future Trends Analysiss

Keeping up with the latest trends is a great way to bring in more customers. When it comes to trends, stakeholders see what's on the surface., Researchers at MDC continually monitor a given market to identify and track emerging trends. These reports are updated regularly so that stakeholders can take advantage of the latest trends and generate revenues.

Indeep Understanding of Industry

Industry analysis provides a company with an understanding of its position relative to other companies in the industry. This can help them identify opportunities and potential threats, so they can prepare for the present and future. MDC Research helps organizations to figure out what's happening in a given industry, including demand and supply statistics, degree of competition, state of competition with other emerging industries, future prospects considering technological changes, and external factors on the industry.

Focused Region/Country Assessment

Demographic analysis is a crucial component of any study on market growth. The MDC Research team assesses every region and country and examines the key points that have a large impact on the growth of a market.

The Impact of COVID-19 on Present and Future Market

MDC Research closely monitors the global outbreak of a new strain of the coronavirus (COVID-19), and it's impact on the total value chain. To provide optimum service to our stakeholders, MDC has assembled a team to evaluate developments, restructure information as needed, and ensure that the information is timely and pertinent.

Analyzing Government Policies / Initiatives / Regulations

Many sectors of the business world have long criticized government regulation as irrational hindrances to profits, economic efficiency, and job creation. The MDC research analysis of government policies, initiatives, and regulations helps stakeholders meet regulatory compliance and benefit from government initiatives in the respective industry.

Competitive Benchmarking

Today's competitive benchmarking is an opportunity to analyze how a company's competitors are performing and to consider their strengths and weaknesses in relation to your own company's performance. MDC research professionals help our stakeholders to keep track of competitors,  identify improvement areas, increase profits, design better go-to-market strategies.


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