Press release
NGS Data Analysis Market: Rising Demand for Next-Generation Sequencing Drives Growth
The emphasis on genome surveillance has intensified as a result of COVID-19's uncontrolled expansion. Additionally, improved genome monitoring capabilities can aid in the creation of artificially intelligent systems to monitor virus variations and mutations linked to respiratory diseases. One such efficient technology is advancements in DNA sequencing techniques. NGS, also referred to as high throughput sequencing, is a term used to describe a number of cutting-edge sequencing technologies. Next-generation sequencing allows for rapid, scalable, and high-throughput investigation of biological processes.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐๐ฟ๐ฒ๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ -https://www.factmr.com/connectus/sample?flag=S&rep_id=505
๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐ ๐ณ๐ฟ๐ผ๐บ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐๐๐ฑ๐
The global NGS data analysis market is projected to expand at an impressive value of US$ 2,314.7 Million by 2032.
The market witnessed 13.7% CAGR for the period of 2017-2021.
Under service type, exome sequencing dominates the market and is valued at US$ 154.4 Million in 2021.
North America dominated the market with 39.6% market share in 2021.
Based on region, increase in demand for NGS data analysis is expected to increase the market share of Europe, East Asia and Oceania by 24.7%, 19.5% and 1.0% respectively, in 2022.
๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ก๐๐ฆ ๐๐ฎ๐๐ฎ ๐๐ป๐ฎ๐น๐๐๐ถ๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต
By Service Type :
Whole-Genome Sequencing
Exome Sequencing
Targeted Resequencing
De Novo Sequencing
RNA Sequencing
ChIP Sequencing
Methyl Sequencing
Other Services
By Technique :
Sequencing by Synthesis (SBS) Technology
Real-Time (SMRT) Technology
Ion semiconductor sequencing Technology
Others
By End-User :
Hospitals
Academic Research Institutes
Biotechnology/Pharmaceutical Companies
Contract Research Organization
Other End Users
By Region :
North America
Latin America
Europe
East Asia
South Asia & ASEAN
Oceania
MEA
๐๐ฒ๐ ๐๐๐๐๐ผ๐บ๐ถ๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐ฆ๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฅ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐ฆ๐ผ๐น๐๐๐ถ๐ผ๐ป๐ - https://www.factmr.com/connectus/sample?flag=RC&rep_id=505
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฒ๐๐ฒ๐น๐ผ๐ฝ๐บ๐ฒ๐ป๐
The market for NGS data analysis is very consolidated, well established providers dominates the market as the NGS data analysis services require lot of revenue investments in generation of new algorithms. Providers including ABM Inc., Agilent Technologies, Biomatters Ltd, DNAnexus, Dovetail Genomics LLC, Edge Biosystems, Genestack, Illumina, Roche are competing with each other for market dominance.
Product innovation, strategic efforts, and regional expansions are all significant tactics for market growth. The existing players' implementation of such broad strategic initiatives in the field of next-generation sequencing data analysis will help to satisfy customers' unmet needs. In addition, market titans have bought smaller players to strengthen their market presence.
๐๐ฒ๐ ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ถ๐ฒ๐ ๐ฃ๐ฟ๐ผ๐ณ๐ถ๐น๐ฒ๐ฑ
ABM Inc.
Agilent Technologies
Biomatters Ltd
DNAnexus
Dovetail Genomics LLC
Edge Biosystems
Genestack
Illumina
Roche
๐ ๐ผ๐ฟ๐ฒ ๐ฉ๐ฎ๐น๐๐ฎ๐ฏ๐น๐ฒ ๐๐ป๐๐ถ๐ด๐ต๐๐ ๐ผ๐ป ๐ข๐ณ๐ณ๐ฒ๐ฟ
Fact.MR, in its new offering, presents an unbiased analysis of the global NGS data analysis market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of Service Type (Whole-Genome Sequencing, Exome Sequencing, Targeted Resequencing, De Novo Sequencing, RNA Sequencing, ChIP Sequencing, Methyl Sequencing and Other Services), End User (Hospitals, Academic Research Institutes,
Biotechnology/Pharmaceutical Companies, Contract Research Organization and Other End Users), Technique (Sequencing by Synthesis (SBS) Technology, Real-Time (SMRT) Technology, Ion semiconductor sequencing Technology, and Others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & ASEAN, Oceania, Middle East & Africa).
๐๐ผ๐ฟ ๐ถ๐ป-๐ฑ๐ฒ๐ฝ๐๐ต ๐ฐ๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐, ๐๐๐ ๐ก๐ผ๐ -https://www.factmr.com/checkout/505
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