The NGS Library Preparation Market is poised to achieve significant growth, reaching an estimated value of $6.47 billion by 2030, exhibiting a robust CAGR of 16% from 2023 to 2030. This surge is attributed to factors such as decreasing sequencing costs, the escalating incidence of cancer and genetic disorders, expanding applications in disease diagnostics and precision medicine, and heightened investments in research and healthcare. However, challenges persist, including alternative technologies and the identification of actionable mutations for precision medicine. Despite obstacles, collaborative efforts and advancements in next-generation sequencing (NGS) technology are expected to unlock new opportunities for market expansion.
Top 10 Companies Shaping the NGS Library Preparation Market: https://meticulousblog.org/top-10-companies-in-ngs-library-preparation-market/
1. Illumina, Inc. (U.S.)
• Illumina, established in 1998, is a California-based company providing sequencing and array-based solutions for genomic analysis.
• The Core Illumina segment offers a diverse range of library preparation and sequencing kits to streamline workflows.
• Global distribution through subsidiaries in Australia, Italy, the Netherlands, and Japan.
2. Thermo Fisher Scientific Inc. (U.S.)
• Founded in 1956, Thermo Fisher operates across four segments, including Life Sciences Solutions, offering NGS library preparation products.
• Extensive global presence with subsidiaries and R&D sites in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
3. F. Hoffmann-La Roche Ltd (Switzerland)
• Roche, established in 1896, is a Swiss healthcare company operating in the NGS library preparation market through its Diagnostics division.
• Geographic presence in the U.S., Germany, Switzerland, Japan, China, India, New Zealand, Australia, Latin America, and Africa.
4. Agilent Technologies, Inc. (U.S.)
• Agilent, founded in 1999, provides application-focused solutions to life sciences, diagnostics, and applied chemical markets.
• Diagnostics and Genomics segment offers products for the NGS library preparation market.
• Strong presence across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
5. QIAGEN N.V. (Germany)
• Established in 1984, QIAGEN is a leading provider of sample and assay technologies for molecular diagnostics and life sciences.
• Offers a wide range of NGS services, including RNA sequencing, DNA sequencing, and whole genome amplification.
• Global market reach with subsidiaries in Sweden and Germany.
6. Merck KGaA (Germany)
• Founded in 1668, Merck operates globally through three business segments, including Life Science.
• Offers NGS library preparation market products for academic institutions, research hospitals, pharmaceutical companies, and biotech organizations.
7. PerkinElmer, Inc. (U.S.)
• Established in 1937, PerkinElmer provides products, solutions, and services for life sciences, diagnostics, and applied markets.
• NGS library preparation products offered through the Diagnostics business segment.
8. Danaher Corporation (U.S.)
• Founded in 1984, Danaher is involved in designing, manufacturing, and marketing medical, industrial, and commercial products.
• Operates in the NGS library preparation market through its Life Sciences segment and subsidiaries.
9. Tecan Group Ltd. (Switzerland)
• Founded in 1980, Tecan develops and markets automated laboratory instruments for applications in biopharmaceuticals and clinical diagnostics.
• Offers NGS library preparation products through its Life Sciences Business segment.
10. Pacific Biosciences of California, Inc. (U.S.)
• Incorporated in 2004, Pacific Biosciences specializes in life science technology, providing sequencing solutions for various applications.
• Direct presence in the U.K., Europe, China, Japan, South Korea, Singapore, Asia-Pacific, and the Middle East & Africa.
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In addition to these market leaders, notable mentions include Diagenode S.A. (Belgium), New England Biolabs, Inc. (U.S.), Zymo Research Corporation (U.S.), Norgen Biotek Corp. (Canada), and Beijing Genomics Institute (BGI) (China).
For a more detailed analysis, recent financial performance, key products, company strategies, partnerships, and acquisitions, refer to Meticulous Research®’s comprehensive report on the NGS Library Preparation Market – Global Opportunity Analysis and Industry Forecast (2023-2030).
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