Report: Next Generation Sequencing Activity Spawns Opportunity For Support Products
NEW YORK, April 10, 2015 /PRNewswire/ -- There has been an explosion in the number and range of products available that make next generation sequencing more effective in the last couple of years, according to Kalorama Information. The firm notes exceptional growth and competitiveness in the market for products that can prepare sequencing libraries or enhance the targeting of specific genes. The healthcare market research publisher says that due to the low barriers to entry, over 100 companies currently offer products geared for the various types of library preparation and target enrichment. The finding was made in the firm's latest report, Library Preparation and Target Enrichment for Next Generation Sequencing, from Kalorama Information.
Library Preparation and Target enrichment products are reagents and kits, along with microarrays and automation hardware designed for isolation, size selection fragmentation, quality control and other purposes that increase the effectiveness of sequencing. The report says that these products are in demand because sequencing is. Sequencing has seen very high growth in recent years as a result of labs deciding to start using next-generation sequencing for their research. It is the beginning of a revolutionary time for the life sciences, and enrichment is a crucial part of these efforts.
"These products are actually what make the use of these systems efficient enough to be considered for clinical purposes," said Bruce Carlson, Publisher of Kalorama information. "Especially with the trend towards newer benchtop systems which are geared for smaller experiments (not whole genomes) requiring the genes of interest to be selected out."
Agilent Technologies, Roche, Fluidigm, Illumina, Pacific Biosciences, Qiagen, Thermo Fisher Scientific are among the top companies in the market but there are a number of smaller concerns. Each application tends to have a few companies offering products, which is creating increased competition.
The market for NGS support products was of interest for Kalorama Information to study as it is perhaps more dynamic than the market for sequencer instruments.
"There are dozens of companies selling these products, while there are only a handful of companies actually selling sequencers right now, though that could change," Carlson said.
The report, Library Preparation and Target Enrichment for Next Generation Sequencing, contains a detailed list of all companies in the market and major product offerings, recent deals in the market. It also contains growth estimates and forecasts for this market. The report can be obtained at: http://www.marketresearch.com/redirect.asp?progid=87329&url=http%3A%2F%2Fwww%2Ekaloramainformation%2Ecom%2FLibrary%2DPreparation%2DTarget%2D8793603%2F.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.
We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog at www.kaloramainformation.com.
Contact:
Bruce Carlson
(212) 807-2622
[email protected]
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SOURCE Kalorama Information
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