Global Next Generation Sequencing (NGS) Sample Preparation Market
Healthcare Services

Exploring Key Insights of the Next Generation Sequencing (NGS) Sample Preparation Market: Growth Prospects, Emerging Trends, and Opportunities

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How has the next generation sequencing (ngs) sample preparation market grown over the years?

Recent years have seen a swift surge in the size of the next generation sequencing (NGS) sample preparation market. The market, estimated at $3.13 billion in 2024, is projected to grow to $3.6 billion in 2025, reflecting a compound annual growth rate (CAGR) of 14.7%. This significant expansion during the historic period is seen as a result of increasing needs for high-throughput sequencing, decreases in sequencing costs, growth in genomic research, an escalating incidence of genetic disorders, and advances in sample preparation technology.

What Is the forecasted market size and growth rate for the next generation sequencing (ngs) sample preparation market?

The market size for next generation sequencing (NGS) sample preparation is anticipated to experience accelerated expansion in the forthcoming years. It’s projected to surge to $6.2 billion in 2029, boasting a compound annual growth rate (CAGR) of 14.6%. Factors contributing to this escalation during the projection period include a rise in the employment of NGS in diagnostics, an expansion of research in precision medicine, increased demand for nucleic acid sequencing, improved insurance coverage for NGS-based tests, and continuing advancements in NGS technologies. The anticipated period will also see significant trends such as the integration of AI, advanced data analysis tools, advancements in reagent technology, non-invasive prenatal testing (NIPT), and the incorporation of automation in sample preparation processes.

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What are the major factors driving growth in the next generation sequencing (ngs) sample preparation market?

The escalating prevalence of contagious maladies is anticipated to catalyze the expansion of the next-generation sequencing (NGS) sample preparation industry in the future. Contagious diseases are those caused by infectious agents, such as bacteria, viruses, fungi, or parasites, characterized by their ability to be transferred from one individual to another, directly or indirectly. The upward trend in infectious disease occurrence is largely due to factors like increased global travel, urbanization, climate change, resistance to antimicrobial agents, and the emergence of novel pathogens. The pivotal role of next-generation sequencing sample preparation in this scenario is significant, as it facilitates the quick and precise detection of pathogens, thereby helping in the management of disease outbreaks, monitoring transmission, and formulating efficient treatment plans. For example, the UK-based public information website, GOV.UK, reported in September 2023 that England witnessed a 7% surge in tuberculosis (TB) cases in the first half of 2023 compared to the same time frame in 2022, with reports rising from 2,251 to 2,408. Consequently, the escalating rate of contagious diseases will spur the growth of the next-generation sequencing (NGS) sample preparation market.

What key areas define the segmentation of the global next generation sequencing (ngs) sample preparation Market?

The next generation sequencing (NGS) sample preparation market covered in this report is segmented –

1) By Products And Services: Workstations Or instruments, Reagents And Consumables, Services

2) By Workflow: Library Preparation, Target Enrichment, Sample ExtractionOrisolation, Fragmentation, Sample Quantification, Library Quantification, Quality Control (Qc), Pooling

3) By Technology: Nanopore Sequencing, Sequencing By Synthesis (Sbs), Single Molecule Real-time (SMRT) Sequencing, Ion Semiconductor Sequencing

4) By Application: Diagnostics, Drug Discovery, Biomarker Discovery, Precision Medicine, Agriculture And Animal Research, Other Applications

5) By End User: Academic Institutes And Research Centers, Hospitals And Clinics, Pharma And Biotech Companies, Other End Users

Subsegments:

1) By Workstations or Instruments: Automated Sample Preparation Systems, Manual Workstations, Integrated NGS Platforms

2) By Reagents and Consumables: Library Preparation Kits, DNA/RNA Extraction Kits, Amplification Kits, Quality Control Reagents, Consumables

3) By Services: Sample Preparation Services, NGS Workflow Consultation, Training and Support Services, Data Analysis Services

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What are the top market players propelling the growth of the next generation sequencing (ngs) sample preparation industry?

Major companies operating in the next generation sequencing (NGS) sample preparation market are F. Hoffmann-La Roche Ltd, Thermo Fisher Scientific Inc., Merck KGaA, Becton Dickinson and Company (BD), Eurofins Scientific SE, Agilent Technologies Inc., PerkinElmer Inc., Illumina Inc., Beckman Coulter, Sysmex Corporation, Bio-Rad Laboratories Inc., Qiagen N.V., Novogene Co. Ltd., Tecan Group Ltd, BGI Genomics Co. Ltd., Medgenome Inc., Promega Corporation, 10x Genomics Inc., Takara Bio Inc., Oxford Nanopore Technologies Limited, New England Biolabs Inc., Pacific Biosciences of California Inc., Zymo Research Corporation, Psomagen Inc., Swift Biosciences Inc.

What are the key trends shaping the future of the next generation sequencing (ngs) sample preparation market?

Key firms in the next-generation sequencing (NGS) sample preparation market are honing in on automating the sample preparation process using advanced technologies like digital microfluidics platforms. These platforms improve productivity, lessen human errors, and streamline sample processing, ensuring more accurate and prompt genomic analysis. Digital microfluidics platforms, using electric fields to manipulate tiny fluid volumes on a microchip, provide precise and automated sample handling for applications such as NGS sample preparation. For instance, INTEGRA Biosciences, a Swiss company offering accessible solutions for liquid handling and media preparation applications, launched the MIRO CANVAS in September 2023. This system is a small, digital microfluidics platform intended for fully automated NGS sample preparation. The MIRO CANVAS boosts accuracy and productivity by mechanising workflows, reducing hands-on time to a mere 15 minutes per run and facilitating immediate processing of clinical specimens. Its purpose is to simplify NGS procedures and further genomics research by preserving DNA integrity and reducing reagent use.

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What regions are dominating the next generation sequencing (ngs) sample preparation market growth?

North America was the largest region in the next generation sequencing (NGS) sample preparation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period The regions covered in the next generation sequencing (NGS) sample preparation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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