Press release
Global NGS Data Analysis Market: Future Forecast Indicates Impressive Growth Rate Till 2026 by Market key players- ABM Inc., Agilent Technologies, Biomatters, Ltd, DNAnexus, Dovetail Genomics LLC, Edge Biosystems
Claim Sample Report For FREE: https://www.factmr.com/connectus/sample?flag=S&rep_id=505
There has been a rise in demand for rapid and accurate sequence interpretation tools and algorithms for expediting data analysis, with the emergence of NGS solutions along with their surging employment in genomics research, personalized treatment of various ailments, and clinical diagnosis. Additionally, scope of sequencing projects is set to expand on the back of concurrent fall in cost of sequencing and high genetic data output, which in turn will fuel demand for elaborate bioinformatics pipeline incorporating efficient and sophisticated solutions. Narrowing the difference between sequence processing and generation, the trend of substituting local computing software with the cloud-based computing databases is being increasingly employed by researchers in the healthcare sector. Existing challenges concerning biological interpretation of output genomic data will direct research efforts toward the development of precise healthcare data analytical tools, thereby driving the market growth in the near future.
However, infrastructural investments required for the development of algorithms & software will keep the market growth in check. NGS data analysis solutions have been deemed time consuming, and have been witnessing a confined adoption since the recent past. Commercial service providers have lucrative opportunities in the design and development of novel solutions to offer faster turnaround times.
A new report of Fact.MR envisages the global NGS data analysis market to record a spectacular growth during the forecast period (2017-2026). Approximately US$ 280 Mn revenues are estimated to be generated by sales of NGS data analysis solutions worldwide by 2026-end.
North America to Remain Largest Market for NGS Data Analysis
North America is home to several well-established organizations of NGS data analysis. A significant number of NGS research projects are being carried out in Canadian universities, which in turn has resulted into huge demand for NGS data analysis, thereby affecting the revenue growth in the region. North America is set to remain the fastest-expanding and largest market for NGS data analysis.
Browse for full details about this Report with TOC: https://www.factmr.com/report/505/ngs-data-analysis-market
Asia-Pacific excluding Japan will also record an impressive expansion in the market through 2026, mainly driven by rising number of research grants related to sequencing projects in its developing nations such as China and India. Incorporation of high-throughput screening encouraged by positive research & development outcomes in the region will further drive the market growth in APEJ.
Of all end-users in the global NGS data analysis market, academic research institutes are projected to account for the largest market revenue share during 2017 to 2026. Dominance of academic research institutes in the market can be attributed to robust utilization of high-throughput sequencing in university-based and academic research projects.
Competition Tracking
Major companies providing the NGS data analysis solutions have been undertaking strategic collaborations & partnerships, in a bid to increase their existing product portfolios, meanwhile maintaining a competitive edge in the market. These collaborations & partnerships are primarily focused at developing feasible infrastructure solutions for enabling researchers in performing a population-scale genomic analysis. Key market participants supporting growth of the global NGS data analysis market include ABM, Inc., Agilent Technologies, Biomatters, Ltd, DNAnexus, Dovetail Genomics, LLC, Edge Biosystems, Genestack, Illumina, and Roche.
Ask Industry Expert about this Report: https://www.factmr.com/connectus/sample?flag=AE&rep_id=505
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.com/
Read Industry News at - https://www.industrynewsanalysis.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global NGS Data Analysis Market: Future Forecast Indicates Impressive Growth Rate Till 2026 by Market key players- ABM Inc., Agilent Technologies, Biomatters, Ltd, DNAnexus, Dovetail Genomics LLC, Edge Biosystems here
News-ID: 1552408 • Views: …
More Releases from Fact.MR
Mixed Martial Arts Equipment Market Set to Reach US$ 1072.54 Million by 2033
The global Mixed Martial Arts Equipment market was valued at US$ 565 million in 2022 and is predicted to grow to US$ 1072.54 million by 2023-2033, with a 6% CAGR. Between 2018 and 2022, the market for Mixed Martial Arts Equipment grew at a CAGR of 3%.
Mixed Martial Arts (MMA) is a combat sport played across various regions worldwide. Each region presents its own style of combat. The sport has…
Rechargeable Camping Gear Market Set to Surge, Forecasted to Reach US$ 5,362.7 M …
The rechargeable camping gear market was valued at US$ 1,827.6 million in 2022 and is expected to grow at a CAGR of 10.5% over the forecast period, reaching US$ 5,362.7 million in 2033.
Rechargeable camping gear offers more than just power solutions; it incorporates additional features to enhance the camping experience. With built-in USB ports, campers can conveniently charge their electronic devices. These versatile gear options also provide multiple lighting modes,…
Motor Driver ICs is projected to reach US$ 1.58 billion by 2034
The global motor driver IC market is poised to reach US$ 831.8 million in 2024. Over the assessment period (2024 to 2034), worldwide demand for motor driver integrated circuits is projected to exhibit a 6.6% CAGR (compound annual growth rate), resulting in a market size of US$ 1.58 billion by the end of 2034.
Increasing automation of industrial procedures along with the increasing use of robots in numerous sectors, such as…
Consumer Data Storage Device Market is forecasted to expand at 3.4% CAGR from 20 …
Fact.MR, a market research and competitive intelligence provider, in its newly published research report, reveals that the global Consumer Data Storage Device Market is calculated at US$ 17.57 billion for 2024 and is forecasted to increase at a CAGR of 3.4% from 2024 to 2034.
Expansion of the global market is attributed to several factors, including the growing adoption of machine learning (ML), artificial intelligence (AI), analytics, and cloud-based services across…
More Releases for NGS
Global NGS Newborn Genetic Testing /Screening Market
According to a new market research report published by Global Market Estimates, the Global NGS Newborn Genetic Testing /Screening Market is projected to grow at a CAGR of 17.5% from 2022 to 2027.
LifeCell International Pvt. Ltd, BGI, PerkinElmer Genomics, CENTOGENE N.V., CryoCell International, Fulgent Genetics, Igenomix, Veritas Intercontinental, GENEPATH, and MedGenome among others, are some key players in the NGS newborn genetic testing /screening market.
Browse 155 Market Data Tables…
Global NGS Newborn Genetic Testing/Screening Market
According to a new market research report published by Global Market Estimates, the Global NGS Newborn Genetic Testing/Screening Market is projected to grow at a CAGR value of 12.7% between 2022 and 2027. The NGS newborn genetic testing/screening market is driven mainly by the growing incidence of genetic disorders, the increasing adoption of NGS diagnostics, the growing incidence of newborn fatalities, and the rising investment in newborn testing facilities.
Browse 151…
NGS-based RNA-seq Market 2022 | Detailed Report
Global NGS-based RNA-seq Market 2022-2028, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5389024
The report provides a…
NGS Sample Preparation Market Size - Forecasts to 2026
The NGS Sample Preparation Market will grow with a CAGR value of 19.20 percent. NGS is a technique for assessing the DNA/RNA sequence to analyses genetic diversity linked to disease or other biological phenomena. Advancements in NGS platforms and the declining cost of sequencing are supporting the market growth.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “NGS Sample Preparation Market - Forecast…
Next Generation Sequencing (NGS) Data Analysis Market Research Report 2020Next G …
The Next Generation Sequencing (NGS) Data Analysis Market report helps identify the biggest opportunities in Next Generation Sequencing (NGS) Data Analysis industry space and offers accurate latent demand forecasting that empowers quantitative decision making among Next Generation Sequencing (NGS) Data Analysis market players and new entrants. Investors will gain a clear insight on the dominant players in Next Generation Sequencing (NGS) Data Analysis industry and their future forecasts. Furthermore, readers…
Global NGS Library Preparation Market (2018-2023)
Market Research Report Store offers a latest published report on NGS Library Preparation Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global NGS Library Preparation players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the NGS Library Preparation with…
