Press release
Next Generation Sequencing Data Analysis Market Growth Prospects, Trends and Forecast Up to 2030
Next Generation Sequencing Data Analysis Market Analysis and SizeThe Undiagnosed Diseases Program (UDN), an NHGRI initiative, uses DNA sequencing to discover the causes of rare diseases. While the National Cancer Institute and NHGRI collaborate on the Cancer Genome Atlas project, which uses DNA sequencing to study the genomic patterns of 30 cancer types. Ongoing and planned projects in genome sequencing are expected to drive the market for next-generation sequencing data analysis.
Data Bridge Market Research analyses that the next generation sequencing data analysis market which is USD 778.46 million in 2022, is expected to reach USD 2677.94 million by 2030, at a CAGR of 16.7% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Next Generation Sequencing Data Analysis Market Regional Analysis/Insights
The next generation sequencing data analysis market is analysed and market size insights and trends are provided by country, product, workflow, mode, read length and end-user as referenced above.
The countries covered in the next generation sequencing data analysis market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the next generation sequencing data analysis market owing to technological advancements in sequencing platforms and rise in applications of NGS in this region.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of the increasing number of grants received for sequencing projects in this region's developing countries.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The next generation sequencing data analysis market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for next generation sequencing data analysis market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the next generation sequencing data analysis market. The data is available for historic period 2011-2021.
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