Next Generation Sequencing (NGS) Data Analysis Market Growth Analysis, Demand and Development Research Report to 2024
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.
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.
Request a Sample Copy
of Next Generation Sequencing (NGS) Data Analysis Market Report @ https://www.millioninsights.com/industry-reports/next-generation-sequencing-data-analysis-market/request-sample
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).
The key players in next generation sequencing (NGS) data analysis industry include 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.
Access Next Generation
Sequencing (NGS) Data Analysis Market Report with TOC @ https://www.millioninsights.com/industry-reports/next-generation-sequencing-data-analysis-market
Global NGS Data Analysis Software Storage & Management Market Regional
Outlook (Revenue, USD Million, 2013 - 2024)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• MEA
• South Africa
Comments
Post a Comment