market Research / Analysis Next generation sequencing-converted | Page 2

Budget Constraints among Developing Economies to Restrain the Market
Although costs associated with sequencing of genetic data has come down significantly in recent
times. Yet, the current costs for sequencing genomes is one of the major factors affecting the growth
of the Next generation sequencing (NGS) usage among end-users from developing economies.
Thereby, price related concerns is anticipated to be limiting the use of NGS technologies and
restraining the extensive growth of the market during the forecast period
Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing
incidences of cancer, continuously growing economy, and increasing burden of chronic diseases is
anticipated to present a lucrative growth scenario for the Next generation sequencing (NGS) market
in this region. Furthermore, improving healthcare facilities, coupled with increasing R&D
expenditures in the region is expected to present an attractive growth prospect for the market in the
coming years.
Major Players in the Next generation sequencing (NGS) Market
The prominent players in the global Next generation sequencing (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.
COMPANY PROFILES (Business Overview, Products/Services Offered, Financial
Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst
Corner)*
10x Genomics
Agilent Technologies, Inc.
Beckman Coulter (A Subsidiary of Danaher)
Becton, Dickinson and Company
BGI
Eurofins Scientific
F. Hoffmann-La Roche AG
Genewiz
Illumina, Inc.
Macrogen, Inc (*Financial details might not be captured in case of privately-held companies or
for companies that do not report this information in public domain)
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