TechNavio recognizes the following companies as the key players in the Global Next Generation Sequencing Market: Illumina Inc., Life Technologies Corp., Qiagen N.V., and Pacific Biosciences of California Inc.
Commenting on the report, an analyst from TechNavio’s team said: “With the expansion of the customer base to less sophisticated customers, access to improved bioinformatics tools is becoming even more of a priority. Sequencing companies started to seriously tackle this issue: in 2012 Life Technologies unveiled Ion Reporter, a commercial cloud-based variant analysis software package and purchased Compendia Bioscience. Illumina launched BaseSpace Apps, a dedicated application store for BaseSpace, its genomics cloud computing platform. In addition, Illumina secured the buy-in of bioinformatics companies such as Golden Helix, Biomatters, Ingenuity, Station X, and Spiral Genetics, on top of collaborations with Diagnomics, Ingenuity, and Knome.”
According to the report, the growth of the Global Next-generation Sequencing market is driven by several factors, the most important of which is the increased adoption of next-generation sequencing technology by new customers.
Further, the report states that one of the key challenges in the market is the low adoption of genomic technology compared to other sequence analysis technologies, especially among large biotechnology companies. This is mainly because of logistical problems such as instrument complexity, problems in data storage, automation, and sample preparation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-next-generation-sequencing-market…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Next Generation Sequencing Market 2012-2016
