Mobile Imaging Services Market Opportunities, Statistics and Forecast Analysis Report till 2025

September 24, 2021: Global Mobile Imaging Services Market is expected to reach $2.05 Billion by 2025. Medical imaging services are an initial component of the healthcare industry that is used to diagnose diseases and develop treatment accordingly. Doctors can access visual data easily within their system. Mobile imaging help to remove technical blocks with the help of dedicated imaging software, portable software, and visual communication devices. These services may enhance the communication between various healthcare providers that play important role in improving patient care. The mobile imaging services market is expected to grow at a CAGR of 3.2% in the forecast period.

Rising disorders like neurological disorders, renal disorders, cancer, and cardiovascular diseases, rising use of enhanced diagnostic imaging, government initiative, and growing awareness regarding mobile imaging services are documented as major factors of Mobile Imaging Services that are estimated to enhance the growth in the years to come. However, developing imaging services alternatives may restrain overall market in the coming years. Mobile Imaging Services Market is segmented based on product type, applications, and region.

Nuclear imaging, X-Ray services, mammography, CT, MRI, ultrasound, and other product types that could be explored in Mobile Imaging Services in the forecast period. The other segment consists of stereotactic breast biopsy equipment and bone densitometers. MRI sector accounted for the largest market share of Mobile Imaging Services and is estimated to lead the market in the coming years. This may be because of rising use of enhanced technology and raising occurrence of multiple sclerosis and brain injuries. Mobile Medical Imaging can accomplish all levels of Diagnostic spine & skull series, X-rays, extremities, chest X-rays, and abdomens using the modern transportable equipment’s.

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The market may be categorized based on end uses like home healthcare, hospitals & private clinics, and others. Hospitals & private clinics sector accounted for the largest market share in 2016 and are estimated to continue its dominance in the forecast period. This may be because of high demand as it save space, save basic investment, and support doctors in obtaining scans on the spot and determining suitable treatment.

Globally, North America accounted for the largest market share and is estimated to lead the overall market in the coming years. The reason behind the growth of overall market could be technological enhancements, developed healthcare infrastructure, raised demand for digitization in healthcare organizations, and growing awareness amongst populace regarding mobile imaging technologies. The United States is a major consumer of Mobile Imaging Services in this region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share.

However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR in the foremost period. The aspects that may be ascribed to the growth comprise growing aging population in the region, developing healthcare infrastructure, increasing disposable income, and growing occurrence of chronic diseases. Also, government initiative to increase the oncology and health centers in the region, favorable reimbursement policy, and growing population. The developing countries like India and China are the major consumers of Mobile Imaging Services in this region.

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The key players of Mobile Imaging Services Industry are Nuffield Health, Cobalt Health, Alliance HealthCare Services, Front Mobile Imaging, InHealth Group Ltd., and Digiard Corporation. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Mobile Imaging Services Product Type Outlook (Revenue, USD Million, 2014 - 2025)

    • X-ray

    • CT

    • Ultrasound

    • MRI

    • Mammography

    • Nuclear Imaging

    • Others

Mobile Imaging Services End-use Outlook (Revenue, USD Million, 2014 - 2025)

    • Hospitals & Private Clinics

    • Home Healthcare

    • Others

Mobile Imaging Services Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • U.K.

    • Asia Pacific

        • Malaysia

    • Latin America

        • Mexico

        • Brazil

    • MEA

        • UAE

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Silicon Wafer Reclaim Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2024

September 23, 2021: Global Silicon Wafer Reclaim Market is expected to reach USD 577.3 million by 2024. Silicon is a tetravalent, gray, brittle, chemical component. It makes up 27.8% of the earth’s crust and next to oxygen; it is the utmost plentiful element in nature. The materials that contain silicon are common beach sand, quartz, flint, and agate. It is known as the major element in building materials like glass, cement, and brick. Moreover, it is the most shared material to build microchips and semiconductors.

Silicon Wafer Reclaim is termed as wafer reclaim that has been processed, stripped, polished, and then cleaned and can be reprocessed for various use. There are various reclaim types like particle reclaim, recycle, and strip and kiss polish. It is a cost efficient program that manufacturers use to exploit the worth of formerly used silicon substrates. The silicon wafer reclaim market is estimated to grow at a significant CAGR of 3.7%over the future period as the scope and its applications are rising enormously across the globe.

High demand in manufacturing of microchips or chips used in electronic devices, increasing cost of silicon wafers, growing disposable income, rapid rate of industrialization and urbanization, and rising employment, economy, and population are documented as major factors of silicon wafer reclaim industry that are estimated to enhance the growth in the years to come. However, lack of awareness regarding reclaim services may restrain overall market growth in the coming years. Silicon wafer reclaim industry is segmented based on product type, applications, and region.300 mm, 200 mm, 150 mm, and other product types could be explored in silicon wafer reclaim market in the forecast period. Integrated circuits, solar panels, and other applications could be explored in this market in the future period.

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Globally, North America accounted for the largest market share of silicon wafer reclaim industry and is estimated to lead the overall market in the coming years. The reason behind the overall market growth could be presence of key manufacturers in the region, growing demand for low cost silicon wafer, and rising applications in automotive industry. The United States is a major consumer of silicon wafer reclaim in this region.

Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR of 3.3% in the foremost period. The aspects that may be ascribed to the growth comprise technological growth and industrial development in developing countries. The emerging countries like India and China are the major consumers of silicon wafer reclaim market in this region. This may be because of low inclusive recovery cost in the economy.

The key players of silicon wafer reclaim industry are NanoSILICON, MicroTech Systems, Silicon Quest, Phoenix Silicon International Corporation, Optim Wafer Services, RS Technologies Co., Ltd., NOVA Electronic Materials, Shinryo Corporation, Noel Technologies, Silicon Valley Microelectronics, and Pure Wafer. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

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Market Segment:

Silicon Wafer Reclaim Product Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 - 2024)

    • 150mm

    • 200mm

    • 300mm

    • Others

Silicon Wafer Reclaim Application Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 - 2024)

    • Solar Panels

    • Integrated Circuits

    • Others

Silicon Wafer Reclaim Regional Outlook (Volume, Million Wafers; Revenue, USD Million; 2013 - 2024)

    • North America

        • U.S.

    • Europe

        • Germany

        • The UK

    • Asia Pacific

        • China

        • India

        • Japan

    • Central & South America

        • Brazil

    • Middle East & Africa

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Rear Spoiler Market Share, Segments, New Opportunity, Outlook And Top Players till 2025

September 23, 2021: The Global Rear Spoiler Market is anticipated to reach USD 7.30 billion by 2025 with the contribution of growing demand for the SUVs and MPVs from the young generation. A Rear Spoiler is an automotive aerodynamic device that helps in spoiling the opposing air movement across the body of the vehicle. The spoilers present on the front of the cars are called as air dams that are essential for the engine cooling and high speed stability.

Some spoilers are fitted on the cars just for designing purpose or for improved aerodynamics. A rear spoiler supports in increasing the efficiency and decreasing the drag. The spoilers improve the traction capability of a car, improve the visibility of the car and reduce the weight of the car, technically. The Rear Spoiler Market is predicted to grow considerable at CAGR of 7.9% primarily owing to the manufacturing of plastic spoilers.

At present, several cars are well-furnished with Rear Spoilers to improve the fuel efficiency and reduce the rate of accidents. Most customers install the rear spoilers for designing purpose, which is a reason for increased demand. The bulk manufacturing of composite materials is anticipated to diminish the cost of raw materials in near future. This will ultimately reduce the overall cost of rear spoilers and produce a higher demand over the years.

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The rising demand from SUVs (sports utility vehicles) and high-speed vehicles is expected to support the rear spoiler industry growth significantly. The carbon fiber, which is mostly used in the manufacturing of rear spoilers is preferred by the aftermarket since the customization is carried out by the independent service providers. The rear spoiler also possesses features like high strength, durability, improved finishing and appearance and lightless.

The Internal Combustion Engine is projected to dominate the rear spoiler industry in the near future. Maintaining the balance of the car at higher speeds and providing aerodynamic features are among the major advantages to manufacture Internal Combustion Engines. This will further support the rear spoiler from the automobile sector. The rear spoilers manufactured from the hybrid segment is predicted to contribute the CAGR impressively over the years. Such a penetrating of hybrid vehicles from the different parts of the world economies will boost the market growth. Depending on the vehicle segment, the hatchback segment is expected to dominate the market due to compact size and rates.

The hiked prices of the rear spoiler along with environmental concerns are majorly driving the automotive producers to develop fuel efficient cars with low emissions. Owing to the recent years, the fuel efficiency need is progressively rising in the automotive industry. Due to this reason, the extensive research is experiencing the development of aerodynamically improved vehicle designs. Hence, the demand for this improved product is expected to contribute largely to the rear spoiler market. Nevertheless, the rear spoiler installation and maintenance are very costly which may restrict the market growth in the coming years. The rear spoiler providers many a times offer suitable devices at reasonable rates and with after sale services for gaining customer confidence.

The rear spoiler industry is categorized on the grounds of vehicle type, material type, sales channel, technology, fuel, design and region. On the grounds of vehicle type, the market is divided into Hatchback, SUV and MPV. On the grounds of material type, the industry is divided into ABC Plastic, Fiber Glass, Silicon and Carbon Fiber. On the grounds of sales channel, the market is divided into OEM and After Market. On the grounds of technology, the rear spoiler market is divided into Blow, Injection and Reaction Injection Molding. On the grounds of fuel, the industry is divided into ICE and BEV. On the grounds of design, the market is divided into Strips and Free Standing Wing.

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Some of the prominent rear spoiler industry participants are across the globe are Jiangnan Mould and Plastic Technology Co., Ltd. Albar Industries Inc., SMP Automotive,P.U. Tech Spoiler, Polytec Group, Thai Rung Union Car Plc., Rehau Ltd., Inoac Corporation, Plastic Omnium, SRG Global, AP PlasmanInc and Magna International.

Market Segment:

Rear Spoiler Vehicle Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Conventional Car

    • Green Vehicle

Rear Spoiler System Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Passive Spoiler

    • Active Spoiler

Rear Spoiler Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • Germany

        • U.K

    • Asia Pacific

        • China

        • Japan

        • India

    • South America

        • Brazil

Get in touch

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Intrapartum Monitoring Devices Market Overview, Trends, Competitive Landscape, Growth Outlook And Forecast till 2025

September 23, 2021: The intrapartum monitoring devices market is expected to reach USD 2.83 billion by 2025. The global market is expected to gain a higher CAGR in the forthcoming period. Intrapartum monitoring devices market is driven by factors such as rising prevalence of obesity coupled with precarious obstetric care. In addition, rising cases of premature births, enhanced life expectancy, and technological advancements are likely to contribute to the market growth in the forthcoming period. The market witnesses several opportunities in form of intrapartum care facilities, ease of access, and affordability. However, low awareness, significant costs, dearth of medical professionals, health issues pertaining to maternity care services, rise in mortality rate of premature babies due to unmet medical needs are likely to create hindrance in the market during the forecast period.

In the cases of delivery, labor pains can prove severe for baby as well as mother. For instance, if the mother has heart conditions or any other health anomaly, then monitoring during labor is crucial and needs special attention. Monitoring mother’s heart rate is crucial and contractions can become much high or low or even going above and below normal values. Apart, intrapartum devices are useful to detect any early signs of anomalies for future diagnosis. For instance, a tocodynamometer is a medical device used to measure regularity and period of uterine contractions. A fetal heart rate monitor is a medical device used to monitor heart rate of the fetus. According to WHO, more than 15.0 billion infants face premature births with multiple causes like high blood pressure, infections, and early labor pain.

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Market is trifurcated into product, device, and geography. “Device” type dominates the Intrapartum monitoring devices market growth due to rising use of electrodes and frequent purchase. “Monitors” segment is likely to outgrow in the forthcoming period, standing second to electrodes. Geographical segmentation for intrapartum monitoring device market spans North America, South America, Europe, Asia-Pacific, Middle East and Africa. North America dominates the global market with reasons such as rising prevalence of diabetes and obesity. Governments’ initiatives pertaining to awareness regarding premature birth with highly developed healthcare infrastructure and availability of monitoring test options are likely to fuel the North American market in the forthcoming period.

European market is likely to gain a strong CAGR in the forthcoming period due to change in lifestyles and growing population. European health commission emphasizes enhanced maternal care that helps in reducing maternal mortality rate and infant mortality. Asia-Pacific’s market is expected to gain a higher competitive edge owing to rising demand for improved maternal care and rise in premature birth difficulties. Large patient pool and government to stress on maternal care solutions are fuelling the market growth. In addition, rising initiatives by the governments to increase health awareness and deliver improved maternity conditions is likely to contribute to the growth of intrapartum monitoring devices market. Middle Eastern market is likely to gain a positive traction in the forthcoming period due to rise in fetal care treatment and improved healthcare infrastructure for neonates is likely to add to the intrapartum monitoring devices market growth. Other factors such as rapid growth rate for premature deliveries and population explosion are fuelling the Middle Eastern market.

African intrapartum monitoring devices industry is expected to witness a moderate growth in the forecast period on account of developing healthcare infrastructure, less support regarding health awareness by government pertaining to uncontrolled births, rise in health instability due to less accessibility to treatment and diagnosis. However, activists and NGOs are likely to create favourable healthcare conditions and awareness, which may result in positive progress to regulate uncontrolled birth rate. The key players in the intrapartum monitoring device industry include Analogic Corporation, Allen Medical Instruments Corporation, Med-Electronics Inc, Paramed Medical Systems, Huntleigh Sonicaid, Natus Medical Inc, and Terason Ultrasound.

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Market Segment:

Device Type Outlook (Revenue, USD Million; 2014 - 2025)

    • Monitors

    • Electrodes

        • Fetal Scalp Electrodes

        • Intrauterine Pressure Catheter

        • Transducer for FHR

        • Transducer for Uterine Contractions

Regional Outlook (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • India

    • Latin America

        • Mexico

        • Brazil

    • MEA

        • South Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

Contact Person: 

Ryan Manuel

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Automotive HVAC Market Share, Segments, New Opportunity, Outlook And Top Players till 2025

September 22, 2021: The global Automotive HVAC Market estimated to grow at a CAGR of 8.6% by the completion of the prediction period. Gushing demand for passenger vehicles and rising necessity for the additional lavish and cozy tourism selections have been boosting the market. Altering ecological circumstances, growing stages of earnings, and increasing populace of intermediate class are projected to increase the development of the market above the period of prediction.

Technical inventions and considerable funds in R&D creativities are expected to improve technical competences of companies. Environmentally friendly HVAC units attached with inventive designs to decrease weight and scope of arrangements for superior flexibility and better-quality vehicle enactment. Process of these HVAC arrangements necessitates substantial power and takes an adverse consequence on fuel budget.

The automobile production has been a foremost supplier, concerning increasing stages of CO2 releases. Moreover, increasing alertness of the customer about declining ecological circumstances has been inspiring customers to swing to environmentally friendly resolutions. Growing government rules to improve energy effective and short discharge resolutions combined with greater maintenance charges are expected to unfavorably disturb the development of the market.

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The automotive heating ventilation and air conditioning (HVAC) market on the source of Type of Vehicle could span Heavy Commercial Vehicle [HCV], Light Commercial Vehicle [LCV], Passenger Cars. The subdivision of “Passenger Car HVAC” was responsible for around three quarters of the general income during the past year. It is likely to witness maximum CAGR for the duration of the prediction. The demand for automotive HVAC systems in Light Commercial Vehicle [LCV], is likewise expected to increase at a strong speed owing to superior economic structures.

The automotive HVAC market on the source of Type of Technology could span Automatic, Manual. The sub division of “Automatic arrangement” is the most important technology sector and is likely to lead the market by the completion of the prediction period. The subdivision was responsible for the maximum income of the general market during the past year. It is projected to record a greater CAGR for the duration of the prediction.

Increasing demand for automatic automotive HVAC systems could be credited to the developing inclinations of the customer and growing demand for luxury automobiles. Additionally, technical progresses in HVAC machineries for example the measuring device for fogging, automatic controls of temperature and automatic recirculation of the air can support to boost the enactment of the vehicle and decrease the general ingestion of fuel.

The automotive HVAC industry on the source of Area with respect to Trades in terms of intake, Profits, Market stake and Development percentage for the duration of the prediction could span North America [U.S.A, Canada, Mexico], Europe [Germany, U.K.], Asia Pacific [India, Japan, China], South America [Argentina, Brazil], Middle East & Africa

By the source of geography, the Asia Pacific is expected to observe important development due to the existence of automobile companies, huge quantity manufacture of automobiles, and the increasing demand for the automobiles in emerging states like China, South Korea and India. Similarly, government inventiveness to resuscitate the automobile business are the factors likely to motivate the market for the duration of the prediction.

North America is expected to witness strong development for the duration of the prediction owing to refining macroeconomic circumstances and growing manufacture of automobile in the area. The area is expected to grow at a higher CAGR for the duration of the prediction. Furthermore, increasing per head earnings of the U.S.A and gushing demand for luxury automobiles are expected to inspire the development of the provincial market above the equivalent period.

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The statement revises Trades in terms of intake of automotive HVAC in the market; particularly in North America, Europe, Asia Pacific, South America, and Middle East & Africa. It concentrates on the topmost companies operating in these regions. Some of the important companies operating in the field are Del Star Technologies, Engineered Plastic Components, Hanon Systems, Brose Fahrzeugteile GmbH & Co. Kg, Denso Corporation, Calsonic Kansei, Air International Thermal Systems, Keihin Corporation, Johnson Electric Holdings Ltd, Japan Climate Systems Corporation. Additional notable companies operating in the field are Valeo Group, Sensate Technologies Inc., Mahler Behr GmbH, Sanden Holdings Corporation, Japan Climate Systems Corporation, Johnson Electric.

Market Segment:

Automotive HVAC Technology Outlook (Revenue, USD Million, 2015 - 2025)

    • Automatic

    • Manual

Automotive HVAC Vehicle Type Outlook (Revenue, USD Million, 2015 - 2025)

    • Passenger Cars

    • Light Commercial Vehicles (LCVs)

    • Heavy Commercial Vehicles (HCVs)

Automotive HVAC Regional Outlook (Revenue, USD Million, 2015 - 2025)

    • North America

        • U.S.

        • Canada

        • Mexico

    • Europe

        • U.K.

        • Germany

    • Asia Pacific

        • India

        • China

        • Japan

    • South America

        • Brazil

        • Argentina

    • Middle East & Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Ryan Manuel

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Chromatography Resin Market Key Insights, Opportunity, Analysis, Competitive Landscape, Challenges And Forecast till 2025

September 22, 2021: The global Chromatography Resin Market is estimated to reach USD 2.86 billion by 2025, with a CAGR of 6.5% over the forecast period. Chromatography is a code of techniques used to purify as well as separate bimolecular substances such as proteins. Resin is the stationary matrices in the columns used in aforementioned techniques. Chromatography resins are particularly used in multi-modal, ion-exchange, size exclusion, affinity, and hydrophobic interaction techniques. The widely used techniques are ion-exchange and affinity chromatography largely operated in pharmaceutical, food manufacturing, environmental analysis, and biotechnology.

Chromatography resins are available in three major types includes, synthetic, inorganic, and natural media. Natural media polymers consist majorly of dextran, and agarose cellulose, and others. Industry prefers synthetic and natural type media over inorganic chromatography resins. In context with technology, ion-exchange chromatography experienced the largest consumption in the past few years. On the other hand, Protein A resins has witnessed the highest share of the market. Affinity chromatography had the key share in terms of revenue due to its higher selling cost integrated with affinity resins.

The key drivers for the chromatography resins could be the heavy demand for monoclonal antibodies owing to a heighten number of critical diseases concluding in types of therapeutics. Food analytics could be other major drivers for the market, due to its usage in nutritional and nutraceuticals chemistry. It deals with a major issue in food industry by determining the adulteration and additives in the food. Pharmaceuticals and biotechnology are the major end-users for chromatography resins and are estimated to continue with higher numbers.

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The industrial applications, such as environmental analysis and water treatment rely on these techniques. Various opportunities for the chromatography resins market could be in the academic usage of drug recovery and genetic engineering. However, government law and regulations integrated with aforementioned applications could be a major restraint for the market in the near future.

The growth in terms of therapeutic antibodies demand, increasing utilization of separation & purifying techniques in the food industry, and emerging R&D activities in biopharmaceutical are the some of the factors contributing to the chromatography resins industry growth. Monoclonal antibodies therapeutics are rapidly capturing importance with rise in critical diseases across the world. The major factor restraining the global industry is the lack of skilled professionals. The adequate usage of chromatography equipment requires skill, knowledge, and expertise in different techniques. For example, the pharmaceutical industry is experiencing a lack of adequate professional to work on chromatography equipment and their different techniques.

The key strategies opted by resin manufacturers include low-cost production with better properties for binding. The key manufacturer such Bio-Rad, Millipore, GE Life Sciences, and Tosoh Corporation concentrate on manufacturing resins at lower cost with high productivity to make a competitive edge. Affinity chromatography resins, including protein A based resin are considered to be the most expensive as compared to others. However, with the expiry of current patent would reduce the cost over the next seven years.

In the past few years, leading manufacturer are adopting strategy of advancement and introduction of new product with higher productivity. Therefore, manufacturers are now investing heavily into R & D activities. North America is estimated to hold a huge revenue share in the industry. The U.S. has witnessed the largest number of demand particularly in biopharmaceutical sector due to its heavy investment and improvement in the R & D. In this region, the growing opportunities for chromatography resins are primarily into Bio and pharmaceutical sector. However, the Asia Pacific domestic market is estimated to witness significant growth over the forecast period owing to its maximum growth in context with consumption.

Some of the key players in the industry include, Tosoh Corporation, Pall Corporations, Bio-Rad labs, Life Technologies Crop, Repligen, and GE Healthcare Life Sciences, and others. The aforementioned manufacturers are revamping their strategies to gain the competitive edge by lowering their product prices with high productivity. Life technologies are projected to introduce ‘POROS’ resins in BPD (Bio Pharmaceutical Development) and production week conference.

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Purolite International Ltd. has introduced their plans for development and improvement of bio separation and purifying chromatography resins based on the agarose media. This new product line is anticipated to cater the rising demand in bio molecules global market. Purolite has expanded a facility to react the rising demand for its agarose Protein A resin, which are highly used for monoclonal antibodies purification. This would develop a resin with properties such as, easy packaging solutions, high alkaline condition tolerance, long life time, and higher price as compared to other media.

Market Segment:

Type Outlook (Revenue, USD Million, 2014 - 2025)

    • Natural

    • Synthetic

    • Inorganic Media

Technique Outlook (Revenue, USD Million, 2014 - 2025)

    • Ion Exchange

    • Affinity

    • Hydrophobic Interaction

    • Size Exclusion

    • Others

End-use industry Outlook (Revenue, USD Million, 2014 - 2025)

    • Pharmaceutical & Biotechnology

    • Food & Beverage

Regional Outlook (Revenue, USD Million, 2014 - 2025)

    • North America

        • U.S.

    • Europe

        • UK

        • Germany

        • France

    • Asia Pacific

        • China

        • India

        • Japan

        • South Korea

    • South & Central America

    • Middle East and Africa

Get in touch

At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions.

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Next Generation Sequencing (NGS) Market Share, Segments, New Opportunity, Outlook And Top Players till 2025

September 22, 2021: The global next generation sequencing market is anticipated to reach USD 21.4 billion by 2025. NGS market is expected to show a tremendous growth on account of its wide applications in the treatment of cancer. NGS is the process of identifying accurate order of nucleotides within a RNA or a DNA molecule. Advancement of NGS has helped biological and medical discovery and research. It has helped in various applied fields which includes biotechnology, forensic research, virology and medical diagnosis. NGS has made possible sequencing of DNA of various species including the human genome.

Introduction of advanced genetic sequencing and development of advance techniques for whole genomes are the major drivers contributing to the overall market growth. Increasing incidences of cancer and infectious diseases coupled with aging population is expected to fuel the demand for these technologies. Further, the overall cost of genome sequencing is expected to reduce drastically on account of rapid development through research and innovation. High capacity genome sequencing has been contributing significantly towards the market growth.

NGS has wide applications in the field of exome and genome sequencing. They are widely used in the treatment of infectious disease and cancer. NGS has shown a key presence in pathogen analysis which has been helpful in the treatment of infectious diseases. The need for effective diagnosis for cancer and high growing usage of combinational biomarkers are other factors contributing to the growth of the market in recent years.

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NGS has been mostly a topic of research and development in the previous decade. At present they find applications in the field of oncology, prenatal testing, HLA testing, idiopathic diseases, and medical research. Research and development in the field of HLA and prenatal testing have provided new avenues to doctors in gaining insights during organ matching and organ rejection.

The development in the treatment of genetic anomalies and diseases with the help of prenatal genome sequencing has been driving the NGS market. This technology has also helped the pharmaceutical companies in developing essential drugs for the treatment of cancer and infectious diseases. Growing concerns and increasing incidences of cancer is expected to be the major driving factor for the development of NGS.

NGS in the field of organ transplant provides great opportunities over the forecast period. It is important that the characteristics of both the donors and the acceptors match for a successful transplant. NGS helps in studying the immune response to the transplanted organ. Medical tourism development in countries including the U.S, Israel, Singapore and Australia provide bright prospects for overall growth of the market.

Next generation sequencing market is segmented as target, genome, exon and resequencing. The largest share is held by target sequencing followed by genome sequencing. Development of whole genome sequencing capabilities is expected to show a significant growth over the forecast period. Whole genome technology is relatively new and is gaining popularity with the development of high throughput. This high throughput has helped in reducing complications associated with whole genome sequencing.

NGS includes sample enrichment, DNA tagging, library preparation, sample quality assurance, DNA quantification, data storage, genetic data assembly, analysis and interpretation. With the increase in volume of whole genome sequencing, next generation data analysis is expected to observe a significant growth over the forecast period.

Government regulatory bodies play a vital role in overall development and usage of these technologies. Medical device manufacturers in the U.S. are under the strict vigilance of Food and Drug Administration (FDA). In 2013, FDA approved four next generation gene sequencing devices which is expected to help physicians in taking a broader look at the patient’s genetic makeup. Two of the approved devices is expected to help in detecting DNA changes in the treatment of cystic fibrosis.

North America is expected to observe highest demand in the global industry on account of the well-developed healthcare sector and implementation of advanced research infrastructure. Similarly, Western Europe is expected to show a substantial demand over the forecast period on account of increasing emphasis by the regional government on healthcare facilities coupled with the stringent regulatory framework. Asia Pacific and the Middle East are expected to observe significant growth on account of the increasing government initiatives to establish proper healthcare infrastructure in developing economies including China, India, Japan and UAE.

Browse Full Research Report @ https://www.millioninsights.com/industry-reports/next-generation-sequencing-ngs-market

The NGS market is dominated by few players with the help of proprietary platforms. The key industry players include Life Sciences (Roche), Thermo Fischer Scientific, Illumina and Pacific Biosciences. Other major players operating in the market include Partek Inc., Genomatix Software GmbH, Macrogen Inc., Life Technologies Corp, Perkin Elmer inc., Oxford Nanopore Technologies Ltd., Knome Inc, Agilent Technologies Inc., Biomatters Ltd., CLC Bio (Qiagen), Pacific Biosciences, BGI (Beijing Genomics Institute), DNASTAR Inc, GATC Biotech and Qiagen N.V.

Market Segmentation

NGS Outlook, by Application (Revenue, USD Million; 2014 - 2025)

    • Reproductive Health

        • NIPT

        • PGT

        • Newborn/Genetic Screening

    • Oncology

    • HLA Typing/Immune System Monitoring

    • Metagenomics, Epidemiology & Drug Development

    • Agrigenomics & Forensics

    • Consumer Genomics

    • Clinical Investigation

        • Idiopathic Diseases

        • Inherited Diseases

        • Infectious Diseases

        • Non-Communicable / Other Diseases

NGS Outlook, by Technology (Revenue, USD Million; 2014 - 2025)

    • Targeted Sequencing Analysis

        • DNA Based Targeted Sequencing Analysis

        • RNA Based Targeted Sequencing Analysis

    • Whole Genome Sequencing

    • Whole Exome Sequencing

NGS Outlook, by Workflow (Revenue, USD Million; 2014 - 2025)

    • Pre-sequencing

        • NGS Library Preparation Kits

        • NGS Semi-automated Library Preparation

        • NGS Automated Library Preparation

        • Clonal Amplification

    • Sequencing

        • Data Analysis

            • Primary Data Analysis

            • Secondary Data Analysis

            • Tertiary Data Analysis

NGS Outlook, by End-use (Revenue, USD Million; 2014 - 2025)

    • Academic Research

    • Clinical Research

    • Hospitals & Clinics

    • Pharma & Biotech Entities

    • Other Users

NGS Outlook, by Region (Revenue, USD Million; 2014 - 2025)

    • North America

        • U.S.

        • Canada

    • Europe

        • Germany

        • UK

    • Asia Pacific

        • China

        • Japan

    • Latin America

        • Brazil

    • Middle East & Africa

        • South Africa

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