Next Generation Sequencing: Revolutionizing the Field of Genetics

Next generation sequencing has emerged as an evolutionary technology in modern biotechnology and healthcare research, enabling researchers to better understand the cause and consequences of disease and develop next generation drug conjugates. Over the past few years, several companies have started offering a diverse range of genome sequencing products and services using various second and third generation sequencing technologies. Presently, a variety next generation sequencing kits, including sample extraction kit, library preparation kit, amplification kit, purification kit and quantification kit, are available in the market. Further, NGS library preparation kits offer several benefits, such as low requirement of starting material, generation of longer RNA / DNA sequences and production of superior quality nucleotide libraries, thereby, catering to existing unmet needs of the research domain.

Benefits of Next Generation Sequencing (NGS) Library Preparation Kits Roots Analysis
Next Generation Sequencing (NGS) Library Preparation Kits are constantly innovating and offering better solutions

NGS Library Preparation Kits Market

During our research, we came across more than 280 NGS library preparation kits, that are presently available in the market. Majority (52%) of these kits require input sample of less than 5 ng. Further, close to 75% NGS library preparation kits have a turnaround time of less than 5 hours, while 22% have a turnaround time in the range of 5 hours to 10 hours.

NGS Library Preparation Kits Emerging Scenario - Roots Analysis
Next Generation Sequencing (NGS) Library Preparation Kits – distribution by quantity of sample required, TAT and type of Nucleotide Sequenced

Players Engaged in the Domain

Currently, close to 60 industry players are actively offering NGS kits for preparing DNA / RNA libraries. The market is highly fragmented, featuring the presence of both new entrants and established players, based in different geographical regions.

Players Engaged in the NGS Kit Providers Roots Analysis
Next Generation Sequencing (NGS) Library Preparation Kits – distribution by year of establishment, geography, leader board

Strong Intellectual Property Portfolio

In the past two years, close to 3,220 patents related to NGS library preparation kits and reagents have been filed / granted, indicating the heightened pace of innovation. In addition to industry players, various academic institutes have filed multiple patents in this domain.

Strong Intellectual Property Patent Portfolio Roots Analysis
Next Generation Sequencing (NGS) Library Preparation Kits – distribution by type of patient, relative valuation, word cloud

Likely Growth of the NGS Library Preparation Kits Market

Driven by the increasing demand for gene therapies and the introduction of novel and advanced NGS techniques, the market is poised to grow at a CAGR of 18%, during the time period 2021-2035. Currently, North America holds the largest share in the overall NGS kits market.

Likely Growth of the NGS Library Preparation Kits Market Roots Analysis
Next Generation Sequencing (NGS) Library Preparation Kits – distribution by growth scenarios, geography, end user, sequenced Nucleotide

For more details, you can also download the SAMPLE REPORT on next generation sequencing by Roots Analysis.

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