{"id":67506,"date":"2020-09-07T19:15:00","date_gmt":"2020-09-07T19:15:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2724671"},"modified":"2020-09-07T19:15:00","modified_gmt":"2020-09-07T19:15:00","slug":"european-ngs-services-market-to-grow-at-a-cagr-of-4-1-during-the-forecast-period-2020-2025","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/09\/07\/european-ngs-services-market-to-grow-at-a-cagr-of-4-1-during-the-forecast-period-2020-2025\/","title":{"rendered":"European NGS Services Market to Grow at a CAGR of 4.1% During the Forecast Period 2020-2025"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.industryarc.com\/Report\/16749\/european-ngs-services-market.html\">European NGS Services Market<\/a><\/strong>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.<\/p>\n<p><strong>By Technology Type &#8211; Segment Analysis<\/strong><\/p>\n<p>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&rsquo;s growth.<\/p>\n<p><strong>Request for Sample of the Report @<a href=\"https:\/\/www.industryarc.com\/pdfdownload.php?id=16749\">https:\/\/www.industryarc.com\/pdfdownload.php?id=16749<\/a><\/strong><\/p>\n<p><strong>Report Price: $ 4300 (Single User License)<\/strong><\/p>\n<p><strong>Country &#8211; Segment Analysis<\/strong><\/p>\n<p>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.<\/p>\n<p><strong>Drivers &ndash; European NGS Services Market<\/strong><\/p>\n<p><strong>Increased Uses In The Applications<\/strong><\/p>\n<p>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.<\/p>\n<p><strong>Talk to one of our sales representative about the full report by providing your details in the link below:<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.industryarc.com\/support.php?id=16749\">https:\/\/www.industryarc.com\/support.php?id=16749<\/a><\/strong><\/p>\n<p><strong>Challenges &ndash; European NGS Services Market<\/strong><\/p>\n<p><strong>Cost and Time Associated with Development<\/strong><\/p>\n<p>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.<\/p>\n<p><strong>European NGS Services Industry Outlook<\/strong><\/p>\n<p>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).<\/p>\n<p><strong>Acquisitions\/Product Launches<\/strong><\/p>\n<p>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.<\/p>\n<p><strong>Key Takeaways<\/strong><\/p>\n<p>Increasing requirement for skilled professionals for efficient sample preparation and analysis of NGS is set to propel the growth of the market.<\/p>\n<p>Rising healthcare expenditure is the driving factors for the growth of European NGS Services market.<\/p>\n<p>U.K. is estimated to record the fastest growth rate during the forecast period 2020-2025.<\/p>\n<p><strong>Related Reports:<\/strong><\/p>\n<p><strong>A. Next Generation Sequencing Market<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.industryarc.com\/Research\/Next-Generation-Sequencing-Market-Research-504217\">https:\/\/www.industryarc.com\/Research\/Next-Generation-Sequencing-Market-Research-504217<\/a><\/strong><\/p>\n<p><strong>B. European Pharmaceutical Filtration Market<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.industryarc.com\/Report\/18420\/european-pharmaceutical-filtration-market-research-report-analysis.html\">https:\/\/www.industryarc.com\/Report\/18420\/european-pharmaceutical-filtration-market-research-report-analysis.html<\/a><\/strong><\/p>\n<p><strong>About IndustryARC :<\/strong>IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to<strong><a href=\"mailto:sales@industryarc.com\">sales@industryarc.com<\/a><\/strong>to discuss more about our consulting services.<\/p>\n<p class=\"tags\">Tags: <a href=\"https:\/\/icrowdnewswire.com\/tag\/european-ngs-services-market\/\" rel=\"tag\">European NGS Services Market<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/european-ngs-services-market-industry\/\" rel=\"tag\">European NGS Services Market industry<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/european-ngs-services-market-industry-outlook\/\" rel=\"tag\">European NGS Services Market industry outlook<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/european-ngs-services-market-report\/\" rel=\"tag\">European NGS Services Market report<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/european-ngs-services-market-share\/\" rel=\"tag\">European NGS Services Market share<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/european-ngs-services-market-size\/\" rel=\"tag\">European NGS Services Market size<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/tag\/european-ngs-services-top-10-companies\/\" rel=\"tag\">European NGS Services top 10 companies<\/a><\/p>\n<div><strong>See Campaign: <\/strong><a href=\"https:\/\/www.industryarc.com\/reports\/request-quote?id=16749\" target=\"_blank\">https:\/\/www.industryarc.com\/reports\/request-quote?id=16749<\/a><br \/><b>Contact Information:<\/b><br \/>Venkat Reddy<br \/>\nSales Director<br \/>\nEmail: venkat@industryarc.com<br \/>\nWebsite: https:\/\/www.industryarc.com<br \/>\nPhone: (+1) 970-236-3677<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/reportedtimes\/\" rel=\"category tag\">Reportedtimes<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn_internal_distribution\/\" rel=\"category tag\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/research-newswire\/\" rel=\"category tag\">Research Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>Venkat Reddy<br \/>\nSales Director<br \/>\nEmail: venkat@industryarc.com<br \/>\nWebsite: https:\/\/www.industryarc.com<br \/>\nPhone: (+1) 970-236-3677<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>European NGS Services Market&nbsp;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. &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/09\/07\/european-ngs-services-market-to-grow-at-a-cagr-of-4-1-during-the-forecast-period-2020-2025\/\">Continue reading <span>European NGS Services Market to Grow at a CAGR of 4.1% During the Forecast Period 2020-2025<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/09\/07\/european-ngs-services-market-to-grow-at-a-cagr-of-4-1-during-the-forecast-period-2020-2025\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":158,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,5,67,64,4,54],"tags":[],"class_list":["post-67506","post","type-post","status-publish","format-standard","hentry","category-english","category-extended-distribution","category-icn-internal-distribution","category-reportedtimes","category-research-newswire","category-wire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>European NGS Services Market to Grow at a CAGR of 4.1% During the Forecast Period 2020-2025 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ipsnews.net\/business\/2020\/09\/07\/european-ngs-services-market-to-grow-at-a-cagr-of-4-1-during-the-forecast-period-2020-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European NGS Services Market to Grow at a CAGR of 4.1% During the Forecast Period 2020-2025 - Business\" \/>\n<meta property=\"og:description\" content=\"European NGS Services Market&nbsp;size is $3.1m in 2019, growing at a CAGR of 4.1% during the forecast period 2020-2025. 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