The global next-generation sequencing (NGS) sample preparation market size is expected to reach USD 5.80 billion by 2025, expanding at a CAGR of 11.19% over the forecast period according to a new report by Grand View Research, Inc. Development of companion diagnostics and personalized medicine is expected to enhance the adoption of next-generation sequencing protocols in clinical practice. NGS technology is widely applicable in theranostics domain thus leading to growth in NGS sample preparation market.
In addition, an increase in sequencing capacity and speed has led to a rise in demand for high-throughput NGS sample handling solutions. Therefore, key players are focused on the development of automated platforms for sample preparation for next-generation sequencing.
For instance, the Bravo NGS manufactured by Agilent Technologies, Inc. efficiently automates library preparation for NGS implementation and reduces the overall time of the process. A laboratory technician can use Bravo NGS to prepare whole genome libraries for nearly 1,000 samples every week. The system also reduces variability by nearly 39% as compared to other manual methods.
Browse Details of Report @ https://www.grandviewresearch.com/industry-analysis/next-generation-sequencing-sample-preparation-market
The market is charactetized by few established players and several start-ups or small enterprises. This can be attributed to the presence of ambiquous regulatory scenairo and capital intensive product development process. Furthermore, the clinicians and plastic surgeons performing these procedures also limited in number and have high fees, thus signifcantly affecting the adoption of this technique.
Further Key Findings from the Report Suggest:
· Semi-automated library preparation segment dominated the workflow segment in 2018 and is projected to remain on the top in terms of revenue generation in the coming years
· Combination of automated and manual approaches for library preparation is attributed to the highest share of the segment
· Market entities are engaged in strategic partnerships to develop library preparation protocols on semi-automated technologies