Next Generation Sequencing Data Analysis Market Set to Reach Valuation of USD 2677.94 Million by 2030, Size, Share, Demand, Future Growth, Challenges and Competitive 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
CHICAGO, Jan. 05, 2023 (GLOBE NEWSWIRE) -- A recent study report released by Data Bridge Market research titled “Next Generation Sequencing Data Analysis Market” guarantees you will remain better informed than your competition. Next Generation Sequencing Data Analysis market report assists in directing the business in the correct direction by giving insights about products, market, customers, competitors, and marketing strategy at the exact time. The Next Generation Sequencing Data Analysis report introduces a top to bottom evaluation of the Next Generation Sequencing Data Analysis industry including empowering technologies, key trends, market drivers, challenges, standardization, regulatory landscape, opportunities, future guide, value chain, ecosystem player profiles, and strategies. This market research report is a resource that makes available current as well as upcoming technical and financial details of the industry to 2030. A lot of hard work has been involved while generating this market research report and no stone is left unturned.
To make the composition of this excellent Next Generation Sequencing Data Analysis report, a combination of best industry insight, practical solutions, talent solutions, and the latest technology have been employed. With this market research report it becomes easy to develop a successful marketing strategy for your business. The market data analyzed and evaluated in this Next Generation Sequencing Data Analysis market report makes you achieve the business goals and objectives in the preset time frame. This Next Generation Sequencing Data Analysis industry analysis report speaks in detail about the manufacturing process, type, and applications. Appropriate utilization of recognized statistical tools and coherent models for analysis and forecasting of market data makes this Next Generation Sequencing Data Analysis report outshining.
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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The 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.
NGS, also known as high throughput sequencing, is a term that refers to a number of advanced sequencing technologies. Researchers can investigate biological processes in depth for next-generation sequencing's high throughput, scalability, and speed. A higher level of understanding than that provided by traditional DNA sequencing methods is now required because of the complexities involved in genomic science.
Opportunities
Technological advancements
Growing technological advances in NGS instruments and technologies are expected to drive significant market growth in the coming years. For instance, the Intelligence Advanced Research Projects Activity in the United States awarded a USD 23 million grant to Harvard University, DNA Script, and the Broad Institute in January 2020. The institutes are working together to create a new technology that will combine enzymatic DNA synthesis and NGS into a single instrument.
Fundamental Aim of Next Generation Sequencing Data Analysis Market Report
In the Next Generation Sequencing Data Analysis market, every company has goals, but this report focus in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
Factors influencing the Next Generation Sequencing Data Analysis Market Size and growth rate.
Major alterations to the Next Generation Sequencing Data Analysis Market in the near future.
Notable Market rivals around the world.
The Next Generation Sequencing Data Analysis Market's Future Scope and Product Outlook
Future-promising emerging markets.
The Market Presents Difficult Challenges and Threats.
Sales data and profiles of the world's leading Next Generation Sequencing Data Analysis manufacturers
The Next Generation Sequencing Data Analysis Market is Dominated by Firms Such as
Thermo Fisher Scientific, Inc. (U.S.)
QIAGEN (Germany)
Illumina, Inc. (U.S.)
F. Hoffmann-La Roche Ltd. (Switzerland)
Agilent Technologies, Inc. (U.S.)
Bio-Rad Laboratories, Inc. (U.S.)
Pierian (India)
Precigen (Germany)
Partek Incorporated (U.S.)
Eurofins Scientific (Luxembourg)
PacBio (U.S.)
DNASTAR (U.S.)
Congenica Ltd. (U.K.)
Fabric Genomics, Inc. (U.S)
DNAnexus Inc. (U.S.)
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Recent Developments
In 2021, Cerba Research announced the launch of new tools to improve R&D for vaccine development against infectious diseases, including COVID-19.
In 2021, Swift Biosciences, a pioneer in the development of NGS library preparation genomics kits for clinical, translational, and academic research, was acquired by Integrated DNA Technologies (IDT).
Key Market Segments Covered in Next Generation Sequencing Data Analysis Industry Research
By Product
Services
NGS Commercial Software
Platform OS/UI
Analytical Software
QC/Pre-processing Tools
Alignment Tools and Software
DNA Seq Alignment
RNA Seq Alignment
Protein Seq Alignment
By Workflow
Primary
Secondary
Read Mapping
Variant Alignment and Variant Calling
Tertiary
Variant Annotation
Application Specific
Targeted Sequencing/Gene Panel
RNA Seq
Whole Genome
Chip Seq
By Mode
In-house
Outsourced
By Read Length
Very long Read Sequencing
By End-user
Academic Research
Clinical Research
Hospitals and Clinics
Pharma and Biotech Entities
Key Growth Drivers:
Rising research and development activities
Globally, major corporations have increased their capacity for research and development. During the pandemic, the heavy emphasis on COVID-19 vaccine development provided a lucrative opportunity for NGS adoption. For instance, a group of Chinese researchers sequenced COVID-19 samples using the Oxford Nanopore Technologies (UK) product MinION Mk1C. Furthermore, factors such as widespread adoption of NGS technologies in clinical diagnostics due to faster results and processing are expected to provide a favourable environment for market growth during the forecast period.
The rise in use of clinical diagnosis
The advancement of next-generation sequencing (NGS) technologies and their increasing use in clinical diagnosis, genomic research, and personalised medicine for a variety of diseases is increasing the demand for accurate and fast sequencing interpretation tools and algorithms that can speed up data analysis. Furthermore, as the amount of genetic data produced grows and sequencing costs fall, the size of sequencing projects is expected to grow. As a result, there is a greater demand for complex bioinformatics pipelines with cutting-edge, effective solutions.
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Next Generation Sequencing Data Analysis Market Regional Analysis/Insights:
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.
Some of the Most Important Questions Scrutinized in the Business Intelligence Report:
What are the key growth parameters for this global market during the forecast period?
Which key players are expected to hold the largest market share over the forecast period?
Who are the leading vendors and manufacturers in this market?
What are the key strategies adopted by leading players in the market for business development and geographical expansion?
Which end-use industries can trigger high demand in the market over the forecast period?
What are the key segments in this market?
Which regional player will have anticipated leading the global market in terms of size?
What is the impact of the novel coronavirus pandemic?
Which obstacles must new players overcome in order to occupy a major position?
Table of Contents:
Introduction
Market Segmentation
Executive Summary
Premium Insights
Global Next Generation Sequencing Data Analysis Market: Regulations
Market Overview
Global Next Generation Sequencing Data Analysis Market, By Product
Global Next Generation Sequencing Data Analysis Market, By Workflow
Global Next Generation Sequencing Data Analysis Market, By Mode
Global Next Generation Sequencing Data Analysis Market, By End User
Global Next Generation Sequencing Data Analysis Market, By Read Length
Global Next Generation Sequencing Data Analysis Market, By Region
Global Next Generation Sequencing Data Analysis Market: Company Landscape
SWOT Analyses
Company Profile
Questionnaires
Related Reports
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-next-generation-sequencing-data-analysis-market
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