European NGS Services Market - Industry Analysis, Market Size, Share, Trends, Growth and Forecast 2020 - 2025

Report Code: HCR 0480 Report Format: PDF + Excel (Delivery in 48 Hrs)
European NGS Services Market size is $3.1m in 2019, growing at a CAGR of 4.1% during the forecast period 2020-2025. Next Generation Sequencing (NGS) is a mixture of techniques used in diagnosing and treating various diseases. It enables researchers to perform a wide variety of applications and study biological systems at a level never before possible. It is emerging as a valuable method for obtaining a deeper and more accurate look into the molecular underpinnings of individual tumors. It is a powerful platform that has enabled the sequencing of thousands to millions of DNA molecules simultaneously. It is revolutionizing fields such as personalized medicine, genetic diseases and clinical diagnostics by offering a high throughput option with the capability to sequence multiple individuals at the same time.

Report Coverage
The report: “European NGS Services Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the European NGS Services Market. 

By Technology Type: Ion Semiconductor Sequencing (IOS), Pyro Sequencing, Sequencing by Synthesis (SBS), Single-Molecule-Real-Time Sequencing (SMRT), Sequencing by Ligation (SBL) and Others.
By Type: Product - Software Platforms, HiSeq Series, MiSeq Series, ION Torrent and Others Sequencing Platforms, Consumables - Sample Preparation Consumables, DNA Fragmentation, Quality Control, Target Enrichment & Library Preparation and Other Consumables, Services - Sequencing Services, RNA Sequencing, Whole Genome Sequencing, Target Sequencing, Whole exome sequencing and Others, Data management services - Management, and Cloud Computing Solutions and Data Analysis Services. 
By Application: Diagnostics Center, Reproductive Health, Clinical Investigation, Researchers and Others.
By End User: Academic & Research Institutes, Pharmaceutical & Biotechnological Companies, Diagnostic Centers & Healthcare Facilities, Contract Research Organizations and Others.
By Country: Europe - U.K., Germany, France, Italy, Spain, Denmark and Rest of Europe.

Key Takeaways
  • Increasing requirement for skilled professionals for efficient sample preparation and analysis of NGS is set to propel the growth of the market. 
  • Rising healthcare expenditure is the driving factors for the growth of European NGS Services market. 
  • U.K. is estimated to record the fastest growth rate during the forecast period 2020-2025.

By Technology Type - Segment Analysis
In 2019, Ion Semiconductor Sequencing (IOS), segment dominated the European NGS Services Market in terms of revenue is estimated to grow at a CAGR of 3.1%. Ion Semiconductor Sequencing (IOS) is a method of DNA sequencing based on the detection of hydrogen ions that are released during the polymerization of DNA. It is used as a diagnostic in the healthcare industry, sequencing instrumentation need to be mass produced with a high degree of quality and economy abetting towards the market’s growth.

Country - Segment Analysis
In 2019, the Europe region dominated European NGS Services Market in terms of revenue with a market share of 38% owing towards advanced European NGS Services and products and favorable government policies for reimbursement in countries in the region in the region. This growth can be attributed towards the technological developments in the countries, which has allowed growth in medical technology. The clinical use of this technology plays a significant part in shaping the healthcare industry and provides much precise, efficient and safer alternatives to disease management. The increasing awareness about the health and availability of new treatment methods drives the market in this region is key factors in the growth of the European NGS Services market. 

Drivers – European NGS Services Market
  • Increased Uses In The Applications
Increasing awareness level among people regarding the availability of various treatment options for European NGS Services management is anticipated to impel the demand. The growth and dominance of new generation sequencing technology has caused a shift in the framework of scientific research, opening the doors to a new era of oncology research and diagnostics, as well as requiring scientists with stronger molecular knowledge alongside computational skills to carryout complex researches is the other major factor driving growth. 

Challenges – European NGS Services Market
  • Cost and Time Associated with Development
Diagnostic laboratories would have to invest enormous sums for the procurement and setting up of the equipment, software and consumables required for NGS. This often discourages small scale laboratories to adopt the new technology and forces then to continue using the traditional methods of identifying diseases are the restraining factors for the European NGS Services Market.

European NGS Services Industry Outlook 
Product Launches was the key strategy of the players in the European NGS Services Industry. European NGS Services top 10 companies include Genomnia SRL, Mina INC., Macrogen Inc., Microsynth AG, Seqomics, Source Bio Science, DNA Vision SA, Eurofins Genomics Inc., Beijing Genomics Institute (BGI) and Febit / Comprehensive Biomarker Center GMBH (CBC).

Acquisitions/Product Launches
  • In August 2019, Eurofins Genomics Inc acquired Blue Heron Biotech, a company specializing in advanced gene synthesis. This acquisition provides valuable synergies for both companies owing to the inherent connection between their main product segments.
1. European NGS Services Market Overview
    1.1 Definitions and Scope
2. European NGS Services Market - Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Technology Type
    2.3 Key trends by Type
    2.4 Key trends by Geography
3. European NGS Services Market – Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. European NGS Services Market - Startup Companies Scenario (Premium)
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. European NGS Services Market – Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. European NGS Services Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. European NGS Services Market – Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. European NGS Services Market – By Technology Type (Market Size –$Million/$Billion)
    8.1 Ion Semiconductor Sequencing (IOS)
    8.2 Pyro Sequencing
    8.3 Sequencing by Synthesis (SBS)
    8.4 Single-Molecule-Real-Time Sequencing (SMRT)
    8.5 Sequencing by Ligation (SBL)
    8.6 Others
9. European NGS Services Market – By Type (Market Size –$Million/$Billion)
    9.1 Product
        9.1.1 Software Platforms
            9.1.1.1 HiSeq Series
            9.1.1.2 MiSeq Series
            9.1.1.3 ION Torrent
            9.1.1.4 Other Sequencing Platforms
    9.2 Consumables
        9.2.1 Sample Preparation Consumables
            9.2.1.1 DNA Fragmentation
            9.2.1.2 Quality Control
            9.2.1.3 Target Enrichment & Library Preparation
        9.2.2 Other Consumables
    9.3 Services
        9.3.1 Sequencing Services
            9.3.1.1 RNA Sequencing 
            9.3.1.2 Whole Genome Sequencing
            9.3.1.3 Target Sequencing
            9.3.1.4 Whole exome sequencing
            9.3.1.5 Others
        9.3.2 Data management services
            9.3.2.1 Management, and Cloud Computing Solutions
            9.3.2.2 Data Analysis Services
10. European NGS Services Market – By Application (Market Size –$Million/$Billion)
    10.1 Diagnostics Center
    10.2 Reproductive Health
    10.3 Clinical Investigation
    10.4 Researchers
    10.5 Others
11. European NGS Services Market – By End User (Market Size –$Million/$Billion)
    11.1 Academic & Research Institutes
    11.2 Pharmaceutical & Biotechnological Companies
    11.3 Diagnostic Centers & Healthcare Facilities
    11.4 Contract Research Organizations
    11.5 Others
12. European NGS Services Market - By Country (Market Size –$Million/$Billion)
    12.1 Europe
        12.1.1 U.K.
        12.1.2 Germany
        12.1.3 France
        12.1.4 Italy
        12.1.5 Spain
        12.1.6 Denmark
        12.1.7 Rest of Europe
13. European NGS Services Market - Entropy
14. European NGS Services Market – Industry/Segment Competition Landscape (Premium)
    14.1 Market Share Analysis
        14.1.1 Market Share by Countries – Key Companies
        14.1.2 Best Practices for Companies
15. European NGS Services Market – Key Company List by Country Premium (Premium)
16. European NGS Services Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10 and more
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