USD 1273.2 million
NGS Automation Market Size, Share, Growth Analysis, By product type(Workstation/Robotic Platform, Reagents & Consumables), By application(Drug Discovery, Clinical Diagnostics, Other Applications), By sequencing type(Whole Genome, Exome, Targeted), By End use(Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2270 |
Region:
Global |
Published Date: February, 2024
Pages:
242
|Tables:
117
|Figures:
68
NGS Automation Market Insights
NGS Automation Market was valued at USD 2214.93 billion in 2022, and is poised to grow from USD 2543.85 billion in 2023, to USD 7700.86 Billion by 2031 at a CAGR of 14.85% during the forecast period (2024-2031).
High-throughput sequencing is another name for next-generation sequencing, which includes a number of cutting-edge sequencing technologies. As a result of these new technologies' ability to generate DNA and RNA more quickly, inexpensively, and without incurring as much expense as traditional ones, genomics and molecular biology research have been fundamentally altered. The NGS library preparation is automated using automated liquid handling devices known as NGS automation workstations. By producing consistent, dependable, and reproducible data, automation enables researchers to increase the quality of their library.
The procedure takes less time and is more cost-effective because of NGS automation. By minimising human contact with the chemicals and samples, it further lowers the risk of contamination. Since manual library preparation requires a lot of effort, there is a growing need for automation in the NGS workflow to improve productivity and lower error rates. The use of next-generation sequencing in drug development and the broad portfolio provided by major players are the two main factors fueling the growth of the global next-generation sequencing (NGS) market. On the other hand, the high cost of next-generation sequencing products and product recalls are two factors restraining the market's expansion.
US NGS Automation Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Drug Discovery
Fastest Growth
Drug Discovery
Growth Rate
14.85% CAGR
Global NGS Automation Market ($ Bn)
Country Share for North America Region (%)
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NGS Automation Market Segmental Analysis
The Global NGS automation market is segmented into product type, application, sequencing type, end user, and region . By product type it is segmented into Workstation/Robotic Platform, Reagents & Consumables. Based on sequencing, the market is segmented into Whole Genome, Exome, Targeted. On the basis of application it is segmented into Drug Discovery, Clinical Diagnostics, Other Applications. Based on end use, the market is segmented into Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic. By region, the market is segmented into North America, Latin America, Asia Pacific, Europe, and MEA.
NGS Automation Market Analysis by Product Type
According to the product, it is predicted that the workstation/robotic platform segment held the largest share of the NGS automation market in 2021. The significant market share of this sector is attributed to a number of factors, including rising pharmaceutical R&D spending and rising interest in automating the preparation of NGS libraries due to its advantages, including increased efficiency and the capacity to produce consistent and repeatable results.
NGS Automation Market Analysis by Application
According to application, the NGS automation market dominated the drug discovery sector in 2021. Due to the rising use of NGS technologies in drug discovery, the potential to lower drug development costs, and the promise for shorter drug discovery times, this segment now accounts for a sizable market share. By enabling high-throughput study of genotype-phenotype interactions in human populations, next-generation sequencing has ushered in a new age of gene-based medicine development, increasing the demand for NGS automation.
Global NGS Automation Market By Application
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NGS Automation Market Regional Insights
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). The NGS automation market is expected to be dominated by North America, followed by Europe and Asia-Pacific. The significant market share held by North America is due in large part to the region's high R&D expenditures, growing demand for NGS automation in the pharmaceutical and biotech sectors, and expanding government support and investment in the region's genome sequencing infrastructure.
The NGS automation market is expected to increase at the highest rate over the projected period, albeit, in Asia-Pacific. The significant market growth in Asia-Pacific is ascribed to the region's growing attention on sequencing projects by the government, the prevalence of numerous chronic & infectious diseases, and the high number of patients with gene-associated
Global NGS Automation Market By Region
- Largest
- Fastest
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NGS Automation Market Dynamics
NGS Automation Market Drivers
Increased Investment to Develop Healthcare Infrastructure to Boost Market Growth
- The increased demand for automation in NGS workflow, the prevalence of cancer, rising R&D spending, and rising healthcare costs are just a few of the reasons contributing to the expansion of this industry. Additionally, this market is anticipated to experience significant expansion due to the expanding uses of next-generation sequencing and the growing number of corporate partnerships to create library preparation techniques.
- NGS is a potent DNA sequencing method that can examine a genome in its entirety and find new viral variations. In the upcoming years, epidemiological research to differentiate between COVID-19, influenza, and other viruses is anticipated to heavily rely on NGS. These elements are anticipated to fuel the industry's expansion and increase its demand.
NGS Automation Market Restraints
High Cost with Installing Automation Workstations to Hinder Market Growth
- This market's growth is anticipated to be significantly constrained by the high cost of automation workstations. The main obstacles to the expansion of this industry include issues with regulation and uniformity in diagnostic testing, as well as the need for highly skilled employees to operate automation software.
- Any type of DNA sequencing, including NGS, is subject to legal and ethical considerations. In addition to concerns unique to a particular culture and group, these issues also include identifiability, releasing study findings, stereotyping, the appropriateness of consent, stigmatisation, inclusion, and differential benefit. In essence, these moral concerns restrain market expansion.
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NGS Automation Market Competitive Landscape
The competitive landscape for the next-generation sequencing (NGS) market includes information by competitor. An overview of the business, financials, revenue generated, market potential, investments in R&D, new market initiatives, production facilities, company strengths and weaknesses, product launches, product approval pipelines, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve are among the details provided. The data metrics mentioned above only pertain to the company's market focus on next-generation sequencing (NGS).
NGS Automation Market Top Player's Company Profiles
- Agilent Technologies
- DNASTAR Inc.
- Eurofins Scientific
- Hoffmann-La Roche Ltd
- Illumina Inc.
- Danaher Corporation (IDT)
- Pacific Biosciences of California Inc.
- PerkinElmer Inc.
- Thermo Fisher Scientific Inc.
NGS Automation Market Recent Developments
- In February 2022, Agilent Technologies, Inc. partnered with Element Biosciences Inc. and developed new and disruptive DNA sequencing platforms through this partnership.
- In August 2022, The Bio-Rad line of StarBright Dyes offered multiplex flow cytometry panels for immunology research by providing stable, verified flow antibodies linked to individual fluorescent nanoparticles specific to important immunophenotyping targets. Reproducible and consistent staining is guaranteed by minimal lot-to-lot variation and the dyes' resistance to photobleaching and lack of signal loss during fixation.
NGS Automation Key Market Trends
- Automation of NGS library preparation enables dependable and repeatable data creation by assisting researchers in library quality improvement and consistent yields. It also improves productivity and lowers costs. Reducing manual contact with the reagents and samples significantly lowers the risk of contamination. As a result, the market for NGS automation is anticipated to be driven by the rising demand for automation in NGS workflow.
- The emergence of next-generation technology, which lowers prices while increasing the volume of vast sequential data, has resulted in significant improvements.
NGS Automation Market SkyQuest Analysis
SkyQuest’s ABIRAWA (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global NGS automation market analysis, The market is expanding as a result of several technical developments in the medical sciences industry as well as the increased prevalence of chronic medical disorders like cancer. Due to the extensive use of liquid biopsies in cancer diagnoses, the usage of NGS technology has increased significantly.
Continuous technical improvements in sequencers have made it possible to create dependable, portable, and user-friendly platforms that can deliver quick results while also cutting down on turnaround times. Major corporations always rely on product research and development to strengthen their market positions and share because the introduction of such items and the technology that supports them gives players an immediate competitive advantage. The market is expanding as a result of the increasing usage of genomic mapping tools to forecast the beginning of different diseases. Genetic maps are used by scientists to identify the genes that are connected to the increased prevalence of diabetes, heart disease, obesity, cancer, and mental problems.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2214.93 billion |
| Market size value in 2031 | USD 7700.86 Billion |
| Growth Rate | 14.85% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on NGS Automation Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on NGS Automation Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the NGS Automation Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the NGS Automation Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the NGS Automation Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the NGS Automation Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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