The active government support, direct presence of major manufacturers, and rising prevalence of cancer are the major factors for the expansion of the market in North America in the forecast duration. Stiff Competition: Illumina operates in a highly competitive market, with several biggies already enjoying significant market share, intellectual property portfolios and … Global DNA Sequencing Technologies Market 2020 by Company, Regions, Type and Application, Forecast to 2025 added by MarketsandResearch.biz is built up with a step by step analysis from expert research. The global next-generation sequencing market is estimated to grow $4.14 billion in 2016 and is estimated to grow over $11.92 billion by 2024. Illumina and Harvard Pilgrim Health Care Expand Access to Whole-Genome Sequencing for Genetic Disease Testing Next Generation Sequencing (NGS) Market Outlook - 2026. But potential competition is stirring, including in Illumina’s backyard. This is attributable to the presence of major clinical laboratories that are using next-generation sequencing technology to perform genetic tests. Its scientists have developed over 90% of the world’s sequencing data after it … Illumina sequencing and array technologies fuel advancements in life science research, translational and consumer genomics, and molecular diagnostics. The company sells low-capacity (e.g., iSeq, MiSeq), mid-capacity (e.g. Pricing pattern of each product type. Research Report offers a forecast for the global DNA Next Generation Sequencing market between 2019 and 2026. The market in the region was valued at US$ 2,331.4 Mn in 2018. deSouza did not announce any new sequencing … To understand the structure of Next Gen Sequencing Data Analysis market by identifying its various sub segments. Industry-leading amplicon solution facilitates targeted next-generation sequencing in multiple application areas. Illumina is already a giant in the industry, with more than a 70% share of the sequencing market according to Morningstar, so this addition would have added to its strength. The growing data volume will accelerate the understanding of humans' health to treat diseases, which is a favorable factor for this market to grow. Illumina, Inc. (NASDAQ:ILMN) SVP Susan H. Tousi sold 2,500 shares of the business's stock in a transaction that occurred on Wednesday, January 20th. 1.5.1 Global Whole Exome Sequencing Market Share by Application (2018-2025) 1.5.2 Correlation Research of Normal Human 1.5.3 Mendelian Disease and Rare Syndrome Gene Discovery ... Table Illumina Revenue in Whole Exome Sequencing Business in 2018 and 2019 Table Illumina Recent Development The global DNA Sequencing Technologies market research examination has an extract of the large scale of information, updates in development, key … How has Illumina's share price performed over time and what events caused price changes? Illumina generated revenue of $2.75 billion last year, and the company is on track to make around $3.3 billion in 2018. North America dominated the next-generation sequencing market with a share of 47.2% in 2019. Sales, revenue, and market share of each product segment. January 11, 2021 | At the 39th Annual J.P. Morgan Healthcare Conference in San Francisco today, Illumina CEO Francis deSouza outlined Illumina’s take on the genomics market, made partnership announcements, and launched Illumina Connected Analytics, an expanding software analytics platform. Application scope: Mendelian disease and rare syndrome gene discovery; The research of complex diseases and Mouse exome sequencing Global Next-generation Sequencing Market (2020 to 2025) - Industry Trends, Share, Size, Growth, Opportunity and Forecast - ResearchAndMarkets.com December 23, 2020 07:49 AM Eastern Standard Time RNA sequencing platforms & consumables segment accounted for the largest share of the NGS-based RNA-sequencing market, by product & service, in 2018 Based on products & service, the market is segmented into sample preparation, RNA sequencing platforms & consumables, RNA sequencing services, and data analysis, storage & management. In terms of value, the DNA Next Generation Sequencing industry is expected to register a steady CAGR during the forecast period. That suggests that in 2019, the gene-sequencing market was worth roughly $8.9bn, and given Illumina's revenues in 2019 were $3.54bn, the company's share of the total market was ~40%. DNA Sequencing Market – By Workflow: Pre-sequencing; Sequencing; Data Analysis; Based on the workflow, the sequencing segment was accounted for a market share of 49.8% in 2019. ... Market. The ion semiconductor sequencing was the largest segment of the next generation sequencing market segmented by technology, accounting for 75.8% of the total market in 2019. Illumina acquired Epicentre Biotechnologies, based in Madison, Wisconsin, on January 11, 2011. Roche tried other tactics, including raising its offer (to $51.00, for about $6.8 billion). The global NGS market size was valued at $4,533 million in 2018, and is estimated to reach $18,565 million by 2026, growing at a CAGR of 19.2% from 2019 to 2026.NGS is a technology in which millions and billions of DNA strands can be sequenced through massive parallelization. The stock was sold at an average price of $400.00, for a total value of $1,000,000.00. MGI concurs with the court's ruling that Illumina's European … Following the sale, the senior vice president now directly owns 40,447 shares of the company's stock, valued at $16,178,800. ... Illumina, Inc. provides sequencing and array-based solutions for … Initiatives undertaken by various key market players to gain greater market share are expected to drive the market in the near future. Focuses on the key global Next Gen Sequencing Data Analysis players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. A much bigger market. CARLSBAD, Calif. & SAN DIEGO--(BUSINESS WIRE)--Jan. 8, 2018-- Thermo Fisher Scientific and Illumina, Inc. (NASDAQ: ILMN) today announced they have signed a commercial agreement that enables Illumina to sell Ion AmpliSeq technology to researchers … Illumina is the leader in genomic (DNA/RNA) sequencing, genotyping, and related analyses with over 70% market share. SAN JOSE, Calif., Jan. 21, 2021 /PRNewswire/ -- MGI, a subsidiary of BGI Group, announces today an official statement in response to the ruling of the Patents Court within the High Court of Justice for England & Wales on 20 January 2021 and calls for fair competition in the gene-sequencing market. Genome Sequencing Equipment Market By Type (Pacific Bio, Ion Torrent sequencing, Illumina, SOLiD sequencing), By Application (Medicine, Biology, Geology, Agriculture, Others), and By Region - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026 DNA Sequencing Market Size, Share & Industry Analysis, By Type (Instruments, Reagents & Consumables, Workflow Products, Services), By Technology (Next Generation DNA Sequencing, Sanger Sequencing), By Application (Research & Clinical Trials, Others) By End-User (Biotechnology & Pharmaceutical Industries, Diagnostic Centers, Hospitals & Clinics), … Morningstar estimates that San Diego-based Illumina has a 70% market share. How volatile is Illumina's share price compared to the market and industry in the last 5 years? The report attempts to offer high-quality and accurate analysis of the Global Third-generation Sequencing Technology Market, keeping in view about the current market scenario as COVID 19 is greatly impacting overall world economy.It also focuses on competitive intelligence, and technological risks and advancements, and other important subjects. The survey, conducted in collaboration with investment firm Mizuho Securities, found that Illumina's HiSeq 2000, GA IIx, and MiSeq claim … On January 25, 2012, Hoffmann-La Roche made an unsolicited bid to buy Illumina for $44.50 per share or about $5.7 billion. This report studies the market analysis, size, growth, trends and forecast. RNA Sequencing Services Market Share, Pricing Strategy, Industry Latest News, Top Company Analysis, Research Report Analysis & Trends By Forecast 2021-2026 | Thermo Fisher, BGI, Illumina Top Insights of Bottled Water Market Research Report 2021 with Major Key Players | PepsiCo, Coca Cola, Suntory, Unicer, Icelandic Glacial 2020 Market Report for RNA Sequencing (2020 to 2025) - Featuring Illumina, New England Biolabs and Takara Bio Among Others - ResearchAndMarkets.com December 15, 2020 04:37 AM Eastern Standard Time Illumina currently holds around 66 percent of the total sequencing market, but the company's share of the desktop market is split evenly with Life Technologies' Ion Torrent PGM, according to a recent survey of 150 In Sequence readers.. By recently inking a deal to acquire a smaller rival, Illumina has positioned itself to continue dominating the market. North America dominated the next-generation sequencing market share in 2018. By Allison Proffitt. 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