21st February 2020 – The Next
Generation Sequencing (NGS) Data Analysis Market report provides
in-depth analysis and insights into developments impacting businesses and
enterprises on global and regional level. The study covers the global Next
Generation Sequencing (NGS) Data Analysis Market presentation regarding revenue
contribution from multiple segments and covers a comprehensive analysis of key
market trends, drivers, restraints, and opportunities influencing revenue
growth of the industry. This research report studies the market size, industry
status and forecast, competition landscape and growth opportunities.
Global Next Generation Sequencing (NGS)
Data Analysis Market is anticipated to grow significantly in the years to come
owing to the developments in the next generation sequencing platforms. Next
generation sequencing is also termed as high-throughput sequencing that
describes multiple modern sequencing technologies. These modern technologies
enable the sequencing of DNA and RNA speedily and inexpensively as compared to
the traditional technologies and have transformed the study of molecular
biology and genomics.
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Next generation sequencing (NGS) data
analysis is used in multiple areas like discovery of biomarker, personalized
medicine, agricultural & animal research, oncology studies, etc. Hence, the
application of next generation sequencing (NGS) data analysis is increasing,
which is driving the market growth. Next generation sequencing data analysis
market is also driven by the increasing application of NSG in technological
innovations of NSG. However, the ethical and legal issues concerning NGS is
hampering the market growth of next generation sequencing data analysis.
Nevertheless, the effect of driving
factors is expected to overcome the impact of limitations. Moreover,
implementation of cloud computing for data management in NGS and unexplored
emerging areas is projected to offer new opportunities to the manufacturers of
next generation sequencing (NGS) data analysis industry.
NGS data analysis market is categorized
on the basis of product, technology, application, end user, and geography. On
the basis of product, the market is divided into consumables (sample
preparation and others), platforms (HiSeq, MiSeq, ion torrent, SOLiD, others)
and services (data management and sequencing services). Consumables segment is
anticipated to lead next generation sequencing data analysis industry due to
the introduction of easy-to-use consumables and increasing number of sequencing
procedures.
In terms of application, next generation
sequencing (NGS) data analysis market is divided into diagnostics, reproductive
health, animal & agriculture research, personalized medicine, biomarkers
& cancer and others. Diagnostics segment is predicted to lead the market of
next generation sequencing data analysis owing to the increasing number of
cancer cases.
On the basis of end user, NGS data
analysis industry is divided into pharmaceuticals, hospitals and clinics,
government & academic research institutes and biotechnology companies.
Government & academic research institute segment is expected to grow
significantly in coming years owing to increasing collaborations among academic
institutions and next generation sequencing (NGS).
Geographically, next generation
sequencing data analysis market is segmented as North America, Latin America,
Europe, Asia Pacific and Middle East & Africa. North America is projected
to dominate the market of NGS data analysis owing to the growing use of NGS in
diagnosis, enhancement of NGS, and high research funding in the area.
Some of the major objectives of this
report:
·
To present detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of global Next Generation Sequencing (NGS) Data Analysis Market.
·
To provide insights about
factors affecting the market growth. To analyze the Next Generation Sequencing
(NGS) Data Analysis Market based on various factors- price analysis, supply
chain analysis, porter five force analysis etc.
·
To provide historical and
forecast revenue of the Next Generation Sequencing (NGS) Data Analysis Market
segments and sub-segments with respect to four main geographies and their
countries- North America, Europe, Asia, and Rest of the World.
·
To provide country level analysis
of the market for segment by application, product type and sub-segments.
·
Trace and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product evolutions, and research and developments in the
Market.
·
To present strategic profiling
of key players in the market, comprehensively analyzing their basic
capabilities.
Some
of the Major Market Players Are:
Illumina Inc., DNASTAR Inc., F.
Hoffmann-La Roche Ltd., Pacific Biosciences of California Inc., Agilent
Technologies, GATC Biotech AG., Thermo Fisher Scientific Inc., PerkinElmer
Inc., Qiagen and Macrogen Inc.
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