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NGS Sample Preparation Market - A Global and Regional Analysis

Focus on Product, Workflow, Therapeutic Area, Application, End User, and Region - Analysis and Forecast, 2021-2026

 
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The global NGS sample preparation market is projected to reach $3,279.3 million by 2026, growing from $1,468.9 million in 2020, at a CAGR of 14.24% during the forecast period 2021-2026.
The top market players are Agilent Technologies, Inc., Aurora Biomed Inc., Danaher, Bio-Rad Laboratories, Inc., Eppendorf SE, Opentrons, BGI Group, Promega Corporation, Oxford Nanopore Technologies plc., F. Hoffmann-La Roche Ltd, Tecan Trading AG, Hamilton Company, PerkinElmer Inc., Illumina, Inc., Thermo Fisher Scientific Inc., New England Biolabs, QIAGEN, Pacific Biosciences of California, Inc.
Factors driving the growth of the NGS sample preparation market are increasing use of NGS for genetic disorders, technological advancements in NGS sample preparation methods, and rising research funding in the field of genomics.
Some of the main challenges restricting the growth of the NGS sample preparation market are the high cost of automated NGS sample preparation instruments, the dearth of skilled professionals and lack of infrastructure in emerging countries, and stringent regulatory standards.
The potential opportunities that are likely to boost the growth of the NGS sample preparation market are the adoption of automated NGS sample preparation in the emerging markets and rising direct-to-consumer testing.
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