The NGS Automation Market Poised for Remarkable Growth, Predicted to Reach $1.33 Billion by 2029
[London, 20-09-2023] — The global NGS Automation Market is on a robust trajectory, set to achieve a remarkable Compound Annual Growth Rate (CAGR) of 13.4% from 2022 to 2029. According to the latest research report from Meticulous Research, the market is projected to reach a valuation of $1.33 billion by the end of 2029. This growth is attributed to several key factors that are reshaping the landscape of Next-Generation Sequencing (NGS) automation.
The NGS automation market's impressive ascent is underpinned by a growing demand for optimized and streamlined NGS workflows. In an era of heightened focus on precision and efficiency, the market is witnessing substantial investments in automation solutions that enhance the speed and accuracy of NGS processes.
One of the key drivers behind this growth is the rising prevalence of cancer. The urgent need for advanced diagnostics and personalized treatment options is propelling the adoption of NGS technologies, thereby fueling demand for automation in this sector. Additionally, increased investments in pharmaceutical Research and Development (R&D) and healthcare expenditures further boost market prospects.
However, it's worth noting that the high costs associated with automation workstations could act as a potential hindrance to market growth. Nevertheless, the overall outlook for the NGS automation market remains extremely positive, with ample opportunities for innovation and expansion.
Here are the Top 10 Companies at the Forefront of the NGS Automation Market: https://meticulousblog.org/top-10-companies-in-ngs-automation-market/
1. Agilent Technologies, Inc. (U.S.): Agilent Technologies provides a wide range of instruments, consumables, services, and solutions to life sciences, diagnostics, and applied chemical markets. With a strong global presence and a rich history of innovation, Agilent is a frontrunner in NGS automation solutions.
2. Danaher Corporation (U.S.): Danaher Corporation operates across various industries, including Life Sciences, Diagnostics, and Environmental & Applied Solutions. Through its subsidiary, Beckman Coulter, Inc., Danaher is a key player in the NGS automation market.
3. Eppendorf AG (Germany): Eppendorf AG is a biotechnology company with a significant presence in the NGS automation market, offering innovative solutions through its Lab Solutions business segment.
4. Hamilton Company (U.S.): Hamilton Company specializes in precision measurement devices, automated liquid handling workstations, and sample management systems, collaborating with industry leaders like Illumina, Inc. and Integrated DNA Technologies, Inc.
5. PerkinElmer, Inc. (U.S.): PerkinElmer, Inc. is a multinational company offering products and solutions for the life sciences and diagnostics sectors. It collaborates with leading library prep kit vendors to deliver NGS automation solutions.
6. Tecan Group Ltd. (Switzerland): Tecan Group Ltd. is a prominent player in the NGS automation market, providing laboratory instruments and solutions for various applications.
7. PrimaDiag SAS (France): PrimaDiag is known for its compact robotic platforms for rapid automation, offering solutions tailored to the needs of the NGS market.
8. BRAND GMBH + CO KG (Germany): BRAND GMBH + CO KG specializes in laboratory equipment, including liquid handling systems, making it a vital contributor to the NGS automation market.
9. Hudson Robotics (U.S.): Hudson Robotics excels in laboratory automation, providing solutions for clinical research, drug discovery, proteomics, and genomics.
10. SPT Labtech (U.K.): SPT Labtech is a leading manufacturer of scientific instrumentation for life science companies, contributing to the NGS automation market through its liquid handling solutions.
𝙉𝙖𝙫𝙞𝙜𝙖𝙩𝙞𝙣𝙜 𝙀𝙭𝙘𝙚𝙡𝙡𝙚𝙣𝙘𝙚: 𝙏𝙝𝙚 𝙏𝙤𝙥 10 𝘾𝙤𝙢𝙥𝙖𝙣𝙞𝙚𝙨 𝙎𝙝𝙖𝙥𝙞𝙣𝙜 𝙩𝙝𝙚 𝙉𝙂𝙎 𝘼𝙪𝙩𝙤𝙢𝙖𝙩𝙞𝙤𝙣 𝙈𝙖𝙧𝙠𝙚𝙩- https://meticulousblog.org/top-10-companies-in-ngs-automation-market/
This data-rich report from Meticulous Research provides comprehensive insights into each of these companies, including their recent financial performance, key products, strategic initiatives, and partnerships. It also delivers a detailed global market analysis, offering estimates of market size, revenue figures, and coverage of key industry trends.
For more in-depth information and to gain a competitive edge in the NGS Automation Market, refer to Meticulous Research®'s authoritative report, "NGS Automation Market - Global Opportunity Analysis and Industry Forecast (2022-2029)." Stay ahead in this dynamic industry by accessing this essential resource today.
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