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Disruptive Thought-Process To Keep Cash Registers Ringing For NGS Data Analysis Market

01-20-2022 06:22 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact Mr

According to a recently composed report of Fact.MR, the global NGS data analysis market will reflect an impressive expansion over the period, 2017 to 2026. Sales of NGS data analysis solutions worldwide are forecast to reach nearly US$ 280 Mn in revenues by 2026-end.

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5 Key Future Projections of NGS Data Analysis Market for Forecast Period 2017-2026

On the basis of technique, sequencing by synthesis (SBS) has been estimated to remain dominant in the global NGS data analysis market, in terms of revenues. Ion semiconductor sequencing will also endure as a lucrative technique for NGS data sequencing worldwide. Revenues from real-time (SMRT) technology will continue to be sluggish in the market.

Academic research institutes will remain the most remunerative end-users of NGS data analysis. Sales of NGS data analysis solutions in academic research institutes are projected to record the fastest expansion through 2026.

Hospitals are also expected to prevail as lucrative end-users of NGS data analysis, with revenues poised to exceed US$ 60 Mn by 2026-end.

Based on service type, exome sequencing and RNA sequencing will continue to spearhead the global NGS data analysis market, in terms of revenues as well as sales expansion.

North America is expected to dominate the global NGS data analysis market, with revenues estimated to close in nearly US$ 115 Mn by 2026-end.

Projected to exhibit the fastest expansion through 2026, North America will account for over one-third market revenue share through the forecast period.

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Key Research Findings from the Report

Sequencing by synthesis (SBS) technology will remain the most preferred technique for NGS data analysis globally

Exome sequencing is anticipated to endure as the largest revenue contributing service type segment in the market

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