Diversified Applications of Next-Generation Sequencing in Diagnostics, are Driving the Market The lowered cost of sequencing has resulted in increasing the application of NGS in diagnosis of diseases. The NGS market comprises several stakeholders such as NGS equipment manufacturers, NGS sequencing service companies, NGS bioinformatics/data analysis companies, research laboratories and academic institutes, venture capitalists and other government funding organizations, research and consulting firms, healthcare institutions (hospitals and diagnostic clinics), pharmaceutical and biotechnology companies, contract manufacturing organizations (CMOs), and contract research organizations (CROs). SAN DIEGO--(BUSINESS WIRE)--Jul. - 101) 10.1 Introduction 10.2 North America 10.2.1 US 10.2.1.1 Growing R&D Activities in the US to Drive Market Growth 10.2.2 Canada 10.2.2.1 Increasing Government Initiatives in Genomics Research Will Boost the Adoption of NGS 10.3 Europe 10.3.1 Germany 10.3.1.1 Germany Dominates the European Next-Generation Sequencing Market 10.3.2 France 10.3.2.1 Government Initiatives to Support Genomics ResearchA Major Factor Driving Market Growth in France 10.3.3 UK 10.3.3.1 Favorable Funding Scenario for Genomics Research in the Country to Support the Adoption of NGS 10.3.4 Spain 10.3.4.1 Increasing Number of Conferences Focusing on NGS to Support Market Growth in Spain 10.3.5 Italy 10.3.5.1 Favorable Funding Scenario to Drive the Next-Generation Sequencing Market in Italy 10.3.6 Netherlands 10.3.6.1 Increasing Focus of Market Players on Developing NGS Technologies to Support Market Growth 10.3.7 RoE 10.4 Asia Pacific 10.4.1 China 10.4.1.1 China to Register the Highest Growth in the APAC Next-Generation Sequencing Market 10.4.2 Japan 10.4.2.1 High Incidence of Genetic Disorders in the Country has Resulted in the Increased Adoption of NGS 10.4.3 Australia 10.4.3.1 Increasing Public and Private Initiatives to Support the Adoption of NGS Technologies in Australia 10.4.4 India 10.4.4.1 Growing Prevalence of Target Diseases in India to Support Market Growth 10.4.5 Rest of Asia Pacific 10.5 Latin America 10.5.1 Brazil 10.5.1.1 High Prevalence of HIV in Brazil to Drive the Demand for NGS 10.5.2 Mexico 10.5.2.1 Economic Growth in Mexico to Support the Growth of the Next-Generation Sequencing Market 10.5.3 Rest of Latin America 10.6 Middle East & Africa 10.6.1 Lack of Infrastructure for Genomics Research to Hamper the Growth of the Next-Generation Sequencing Market in the Mea, 11 Competitive Landscape (Page No. Product & service, technology, application, end user, and region, North America (US and Canada), Europe (Germany, France, UK, Spain, Italy, Netherlands, and the Rest of Europe), Asia Pacific (China, Japan, Australia, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and the Middle East and Africa, Major players covered include Illumina, Inc. (US), Thermo Fisher Scientific, Inc. (US), BGI Group (China), PerkinElmer Inc. (US), Macrogen (South Korea), Hamilton Company (US), Lucigen (US), Intrexon Bioinformatics GmbH (Germany), Partek Incorporated (US), DNASTAR, Inc. (US), DNAnexus (US), SciGenom Labs Pvt. The large share of this segment can be attributed to the growing number of new cancer cases across the globe, favorable reimbursement scenario for NGS-based tests in the US, and increasing focus of key market players on developing NGS-based products & services for cancer and NIPT. Based on application, the NGS market is segmented into diagnostics, drug discovery, agricultural & animal research, and other applications. Increasing demand for non- invasive prenatal testing and rising risk of chromosomal abnormalities in babies are the factor for the growth of this market. - 144) 11.1 Introduction 11.2 Competitive Leadership Mapping (Overall Market) 11.2.1 Terminology/Nomenclature 11.2.1.1 Visionary Leaders 11.2.1.2 Innovators 11.2.1.3 Dynamic Differentiators 11.2.1.4 Emerging Companies 11.3 Competitive Scenario (20162019) 11.4 Next-Generation Sequencing Market Ranking: Top Three Market Players (2018), 12 Company Profiles (Page No. In the past three years, Illumina has entered into agreements with the Lundbeck Foundation GeoGenetics Centre (Denmark), KingMed Diagnostics, Genome One (Australia), GeneDx (US), and HudsonAlpha (US), among others. This can primarily be attributed to factors such as the increasing applications of NGS in diagnostics and genomics research, the availability of research funding, and the development of NGS data analysis solutions. 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