Asia-Pacific Next Generation Sequencing (NGS) market report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. Request an analyst call or drop down an enquiry to get detailed market report. Asia-Pacific next generation sequencing (NGS) market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 19.8% in the forecast period of 2022 to 2029 and is expected to reach USD 6,039.51 million by 2029. Increasing adoption of genome focused pharmacology act as drivers for the next generation sequencing (NGS) market growth.
Major factors driving the growth of next generation sequencing (NGS) market are use of next generation sequencing in drug development and wide portfolio offered by major player and the factor which hampers the growth of the next generation sequencing (NGS) market includes high cost of next generation sequencing products and product recall.
Scope of the Report
The global next-generation sequencing informatics market segmentation focuses on Product, Application, End-User, and Region.
Segmentation based on Product
Data Analysis and Management Tools
Laboratory Information Management System (LIMS)
Data Interpretation and Reporting Tools
NGS informatics services
Primary & Secondary Data Analysis Tools
Segmentation based on Application
Drug Discovery
Diagnostics
Biomarker Discovery
Precision Medicine
Agriculture and Animal Research
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- On the basis of end user, the next generation sequencing (NGS) market is segmented into hospitals & clinics, research centers and academic & government institutes, pharmaceutical & biotechnology companies. In 2022, research center and academic & government institutes is expected to dominate the next generation sequencing (NGS) market as research related to next generation sequencing for chronic disease and personalized medicine is being conducted mainly by these institutes which is driving the segment growth.
- NGS is applied to establish the nucleotide sequence of entire genomes or particular DNA or RNA sequences. It offers numerous advantages including metagenomics research, finding non-coding RNAs and protein binding sites, discovering genome diversity, and gene-expression profiling by RNA sequencing. NGS is also utilized to create precision medicine for the treatment of patients with illnesses. As a result, it is anticipated that the growing pharmaceutical business to propel the market development. For instance, until 2022, the United States was home to more than 2,000 brand-name pharmaceutical manufacturing enterprises.
Highlight of Table of Content:
§ Chapter 1: Market overview
§ Chapter 2: Asia-Pacific Next Generation Sequencing (NGS) Market Analysis
§ Chapter 3: Regional analysis of the Asia-Pacif Next Generation Sequencing (NGS) Market
§ Chapter 4: Market segmentation based on types and applications
§ Chapter 5: Revenue analysis based on types and applications
§ Chapter 6: Market share
§ Chapter 7: Competitive Landscape
§ Chapter 8: Drivers, Restraints, Challenges, and Opportunities
§ Chapter 9: Gross Margin and Price Analysis
Asia-Pacific Next Generation Sequencing (NGS) Market research document is generated with the best and advanced tools of collecting, recording, estimating and analysing market data. The business report can be used by both established and new players in the industry for complete understanding of the market. The analysis of this large scale report has been used to examine various segments that are relied upon to witness the quickest development based on the estimated forecast frame. With a devotion and commitment of supreme level of resilience and integrated approaches, this market research report has been structured. Additionally, Asia-Pacific Next Generation Sequencing (NGS) Market report has been structured by keeping in mind all the foremost aspects of the market research that put forth market landscape simply into focus.
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Some of the major companies which are dealing in the next generation sequencing (NGS) Agilent Technologies, Inc., ThermoFisher Scientific, Inc., QIAGEN, Illumina, Inc., Bio-Rad Laboratories, Inc., , BGI (A subsidiary of BGI Group), Oxford Nanopore Technologies plc, and among others domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Profound Questions Answered in this Report:
· What is the growth rate of various stages in the value chain of the industry?
· Which region has the highest growth rate and size of the emerging market by value in 2022?
· Who are the competitive players in Asia-Pacific Next Generation Sequencing (NGS) Market?
· Which region has the largest share and degree of competition in the industry?
· What is the CAGR of the market during the forecast period 2022 to 2029?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the Global Next Generation Sequencing (NGS) Market?
· What is sales volume, revenue, and price analysis of top players of the market?
· What are the market opportunities and threats faced by the vendors in the industry?
· What has been the impact of COVID-19 on the Asia-Pacific Next Generation Sequencing (NGS) Market?
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