Press release
Asia-Pacific NGS Automation Market Set to Surpass $371 Million by 2031-Exclusive Insights by Meticulous Research®
[Redding, California, March 07, 2024] - In a comprehensive unveiling of market dynamics, 'Asia-Pacific NGS Automation Market by Product (Platform, Consumables), Sequencing Type (Whole Genome, Exome, Targeted), Application (Drug Discovery, Diagnostics), End User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic)-Forecast to 2031', meticulously conducted by Meticulous Research®, the Asia-Pacific NGS automation market is poised to escalate to a value exceeding $371 million by 2031, exhibiting a remarkable CAGR of 16.3% spanning from 2024 to 2031.Download Free Research PDF @ https://www.meticulousresearch.com/download-sample-report/cp_id=5790
The realm of next-generation sequencing (NGS) has undergone a profound transformation, heralding unprecedented access to intricate genomic insights. Within this landscape, NGS automation products play an instrumental role in streamlining the intricacies inherent in NGS workflows by automating pivotal steps, thereby optimizing laboratory resources. The automation of NGS sample preparation procedures confers manifold benefits including heightened process control, augmented sample throughput, enhanced reproducibility, and reduced hands-on time.
Propelling the growth of the Asia-Pacific NGS automation market are factors such as the burgeoning demand for NGS technology in clinical and research domains, the burgeoning incidence of cancer, and the escalating investments in pharmaceutical R&D and healthcare expenditures. Nevertheless, the exorbitant costs associated with automation workstations pose a notable deterrent to market expansion.
The burgeoning application of NGS in genetic disease testing, alongside governmental initiatives aimed at fostering the adoption of advanced technologies, is anticipated to unfurl market growth avenues. Nonetheless, regulatory and standardization concerns pertaining to diagnostic testing, coupled with the imperative to train personnel on NGS automation software utilization, pose formidable challenges to market progression.
Browse in depth @ https://www.meticulousresearch.com/product/asia-pacific-ngs-automation-market-5790
Elevated Demand for NGS Technology in Clinical and Research Arenas Fuels Market Momentum
Genetics stands as a cornerstone in the comprehension of myriad human diseases, furnishing invaluable insights into their etiological underpinnings and paving the path for innovative treatment modalities. Embracing NGS technologies across diverse stages of drug development, the pharmaceutical industry has significantly truncated both the time and cost associated with new therapy and drug development endeavors, courtesy of NGS automation's efficacy in bolstering workflow efficiencies.
NGS assumes a pivotal role in monitoring the transmission, dissemination, and evolution of pathogens amidst infectious disease outbreaks. For instance, the sequencing of the novel coronavirus, SARS-CoV-2, was swiftly accomplished using NGS mere days after the onset of the COVID-19 outbreak in Wuhan, China. This facilitated expeditious disease diagnosis and surveillance, expedited the development of efficacious disease management drugs, and catalyzed vaccine development initiatives. The escalating utilization of NGS in identifying novel drug targets and devising therapeutic modalities targeting specific genes and proteins is underscoring the demand for NGS technology, thereby galvanizing NGS automation adoption.
The constellation of key players operating within the Asia-Pacific NGS automation market encompasses Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Eppendorf AG (Germany), Hamilton Company (U.S.), PerkinElmer, Inc. (U.S.), Tecan Group Ltd. (Switzerland), PrimaDiag SAS (France), BRAND GMBH + CO KG (Germany), Hudson Robotics (U.S.), SPT Labtech (U.K.), Thermo Fisher Scientific, Inc. (U.S.), and F. Hoffmann-La Roche Ltd. (Switzerland).
Request for Sample Report: https://www.meticulousresearch.com/request-sample-report/cp_id=5790
Insights into Market Segmentation: Unveiling the Nuances of the Asia-Pacific NGS Automation Landscape
The Asia-Pacific NGS automation market is meticulously stratified based on product categories encompassing platforms and consumables. In 2024, the workstations/robotic platforms segment is anticipated to command a lion's share of the market, propelled by factors including burgeoning pharmaceutical R&D expenditures and the escalating demand for NGS library preparation automation.
Among the sequencing types delineated in this report, the whole genome sequencing segment is poised to register the highest CAGR during the forecast period. This trajectory is underpinned by the growing utilization of whole genome sequencing, coupled with the burgeoning number of WGS-based research initiatives and the inherent advantages of WGS over alternative sequencing modalities.
Within the spectrum of applications scrutinized, the drug discovery segment is poised to reign supreme in 2024. The burgeoning utilization of NGS automation in laboratories to foster therapeutic modalities targeting specific genes augurs well for the identification of novel drug targets, thus amplifying the demand for NGS automation products.
Quick Buy - Asia-Pacific NGS Automation Market - Opportunity Analysis and Industry Forecast (2024-2031), Research Report: https://www.meticulousresearch.com/Checkout/29553374
Geographically, China is slated to exhibit the highest CAGR during the forecast period, buoyed by factors such as burgeoning governmental emphasis on sequencing initiatives, the modernization and establishment of healthcare infrastructures, the sizeable populace grappling with gene-associated disorders, and the burgeoning research endeavors aimed at personalized medicine development. The establishment of sequencing centers further augments the growth trajectory of the NGS automation market in the country, exemplified by initiatives such as the BGI Genomics (China) and Brunei's Ministry of Health partnership, culminating in the establishment of the Hua-Yan lab focusing on disease diagnosis through sequencing technology.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.
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 Asia-Pacific NGS Automation Market Set to Surpass $371 Million by 2031-Exclusive Insights by Meticulous Research® here
News-ID: 3417955 • Views: …
More Releases from Meticulous Research®
Nutraceutical Products Market: Growth Trends and Future Outlook to 2030| Meticul …
The nutraceutical products market is witnessing steady and significant growth, driven by a rising awareness of health, nutrition, and disease prevention. Between 2023 and 2030, the market is projected to expand at a compound annual growth rate of 7.8%, ultimately reaching a value of $691.87 billion by the end of the forecast period. This growth reflects a major shift in consumer mindset, as individuals increasingly seek products that offer both…
Global Feed Additives Market Outlook: Trends, Growth Drivers, and Regional Insig …
The way we feed our livestock is changing, and feed additives are at the heart of that transformation. Over the next decade, the global feed additives market is expected to surpass $51 billion, fueled by rising demand for meat and dairy products, concerns over animal health, and a push toward more sustainable farming practice. Farmers today are no longer just feeding animals they are strategically nourishing them to improve growth,…
Global Home Medical Equipment Market: Trends, Insights, and Forecast to 2030 | M …
The home medical equipment market is growing steadily and is projected to reach nearly $63 billion by 2030. These devices are designed to help people manage their health at home, allowing patients to remain independent while receiving the care they need. From respiratory devices to mobility aids, these products make it possible for individuals to maintain a better quality of life without relying entirely on hospital care. They are especially…
Global Membrane Filtration Technologies Market: Trends, Growth Drivers, and Regi …
The membrane filtration technologies market is steadily expanding, with expectations to hit $22.2 billion by 2030. Over the past few years, industries and municipalities alike have faced increasing pressure to manage water more efficiently. Water scarcity, environmental regulations, and operational needs have created a situation where traditional water treatment methods are no longer sufficient. Businesses are turning toward membrane filtration technologies as a solution that offers both reliability and precision.
Water…
More Releases for NGS
Next Generation Sequencing (NGS) : - Key Industry Dynamics
The Next Generation Sequencing (NGS) market size is projected to reach US$ 34.75 billion by 2031 from US$ 10.00 billion in 2023. The market is expected to register a CAGR of 16.8% during 2023-2031. Increased throughput and reduced costs is likely to remain key trends in the market.
Next-generation sequencing (NGS) carries a shift in genomics research, offering unmatched capabilities for analyzing DNA and RNA molecules in a high-throughput and cost-effective…
Next-Generation Sequencing (NGS) Services Next-Generation Sequencing (NGS) Servi …
Global Next-Generation Sequencing (NGS) Services Market Report encompasses market data, such as trends, consumer behavior, and competitive analysis in a way that allows businesses to identify opportunities in the market. The objective of the market research is understood very clearly by DBMR team before the creation of report commences. Intense research takes place to accurately analyze market dynamics and consumer behaviour included in the report.
Global Next-Generation Sequencing (NGS) Services Market,…
Complete PDF Guide to NGS Sample Preparation
The NGS sample preparations determine components in the samples, such as blood, urine, and others, in animals.
𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 @ https://www.theinsightpartners.com/sample/TIPRE00006573?utm_source=OpenPR&utm_medium=10379
The type of analyzers includes urine analyzers, blood gas & electrolyte analyzers, glucometers, and others used by medical labs, hospitals, and people at home.
Top Companies Analysis -
Agilent Technologies, Inc.
Becton, Dickinson and Company
Beckman Coulter
F. Hoffmann-La Roche AG
Illumina, Inc.
…
NGS Sample Preparation Market - Preparing for Precision: NGS Sample Preparation …
Newark, New Castle, USA: The "NGS Sample Preparation Market" provides a value chain analysis of revenue for the anticipated period from 2023 to 2031. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors.
NGS Sample Preparation Market: https://www.growthplusreports.com/report/ngs-sample-preparation-market/8504
This latest report researches the industry structure,…
NGS Library Preparation Market - Sequencing Solutions, Redefined: Innovations in …
Newark, New Castle, USA - new report, titled NGS Library Preparation Market The report has been put together using primary and secondary research methodologies, which offer an accurate and precise understanding of the NGS Library Preparation market. Analysts have used a top-down and bottom-up approach to evaluate the segments and provide a fair assessment of their impact on the global NGS Library Preparation market. The report offers an overview of…
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…
