Global Market Study on Next-Generation Sequencing (NGS) Data Analysis (2019-2029) – Government Funds for Life Science R&D Remain Pivotal in Revenue Generation


  • Rep Id : XPLREP3875
  • Published On : May, 2019
  • No. of Pages : 196
  • Category : Healthcare
  • Publisher : XploreMR

Rising Incidence of Cancers Necessitating Next-Generation Sequencing Data Analysis

According to WHO, cancer is the second leading cause of death globally, and was responsible for an estimation of 9.6 million deaths in the year 2018.

  • Globally, about 1 in 6 deaths are caused by a type of cancer.
  • By 2030, the global burden of cancers is envisaged to grow beyond 21 million in terms of new cancer cases and nearly 13 million in terms of cancer-caused deaths.

Increasing biomedical research using next-generation sequencing (NGS) tools is expected to create a conducive atmosphere for the growth of the next-generation sequencing data analysis market in the near future. Recently, next-generation sequencing data analysis has been applied for the development of cancer biomarkers and immunotherapies, which clearly prompts that the increasing prevalence of cancers will accelerate the next-generation sequencing market growth, subsequently translating into the demand growth of NGS data analysis.

Next-Generation Sequencing Data Analysis Market

In the recent years, there has been considerable interest in next-generation sequencing data analysis in oncology studies. Therefore, various clinical development programs in several countries are aimed at increased understanding of drug responses in clinical subpopulations and choose patient populations based primarily on their immune profiles.

Government Funds for Life Science Research Pushing Adoption of Next-Generation Sequencing Data Analysis

Government funding for life science research is expected to result in the availability of funding in research and academic establishments for undertaking of various next-generation sequencing data analysis projects, as well as for the employment of the required personnel. The various sources of research and development spending include governments, private funding, and commercial organizations.

For example, the total amount of the research grants awarded by the National Institutes of Health (NIH) in the U.S. exceeded US$ 21 Bn in 2015. Apart from government funding, the number of research laboratories are also increasing, which is another factor that is expected to boost the next-generation sequencing data analysis market.

Descending Prices of Sequencing Uplift Demand for Next-Generation Sequencing Data Analysis

The characteristic features of NGS technology is implicated widely in research and academic institutes. Next-generation sequencing techniques offer a high percentage of reads and cost-effectiveness per read, which has been possible due to the launch of low-cost sequencing platforms in the market. For an instance, in 2000, cost for sequencing was US$ 3.7 billion, which dropped down to US$ 10 million in 2006 and further declined to US$ 5,000 in 2012.

Various key players such as Roche and Illumina, have introduced sequencing techniques that have reduced the cost of next-generation sequencing. To scale up to match Illumina’s HiSeq, Thermo Fischer Scientific Inc. entered to strengthen its market presence by launching its cost-effective sequencers. In 2015, the company unveiled the S5. Using cheaper sequencing reagents, the machine produces more specific results as compared to HiSeq, and is available at a price of US$65,000. Thermo’s strategic plan was to influence smaller sequencing customers by offering low cost sequencing platforms.

Technological Advancements in the Field of Genomics-based Bioinformatics Tools to Fillip Market Revenues

Recent developments in bioinformatics research and bioinformatics tools resulted in the availability of a considerable volume of genomic data on web-based bioinformatics platforms. To interpret large sequenced data sets, research analysts or data scientist can now compare and determine the quality of their sequencing run, evaluate in-line controls validation, assign sequences to known regions, and other sequences representing specific immune receptor clones for characterization.

For instance, in 2016, Illumina launched a BaseSpace Informatics Suite, which enables a lab with zero genomic computing infrastructure of its own to track genetic tests. The suite easily performs routine data analysis of sequences with a comprehensive library of available apps.

Competition Insights

  • The study has profiled some of the key players competing in global NGS data analysis industry, including Hoffmann-La Roche Ltd, Agilent Technologies, Inc, and Illumina, Inc, among others.
  • Strategic collaborations between regionally as well as internationally operating companies are likely to supplement the number of facilities and services for NGS data analysis.
  • The key service players are focused on adopting new strategies and policies, increasing point of sales and service agreements, promoting R&D collaborations across academic and research institutes.

A recent market study recently published by XploreMR, titled, “Next-generation Sequencing Data Analysis Market: Global Industry Analysis 2014-2018 & Forecast, 2019-2029,” consists of a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historic as well as current growth parameters of the next-generation sequencing data analysis market, the growth prospects of the market are obtained with maximum precision.

The report features the unique and salient factors that are likely to significantly impact the development of the next-generation sequencing data analysis market during the forecast period. It can help market players modify their manufacturing and marketing strategies to envisage maximum growth in the next-generation sequencing data analysis market in the upcoming years.

The report provides detailed information about the current and future growth prospects of the next-generation sequencing data analysis market in the most comprehensive manner for the better understanding of readers.

Chapter 01 – Executive Summary

The report commences with the executive summary of the next-generation sequencing data analysis market, which includes a summary of the key findings and key statistics the market. It also includes the market value (US$ million) estimates of the leading segments of the next-generation sequencing data analysis market.

Chapter 02 – Market Introduction

Readers can find the detailed taxonomy and the definition of the next-generation sequencing data analysis market in this chapter, which will help them understand the basic information about the next-generation sequencing data analysis market. This section also highlights the inclusions and exclusions, which helps the reader understand the scope of the next-generation sequencing data analysis market report.

Chapter 03 – Global Next-Generation Sequencing (NGS) Data Analysis Market Background

This chapter explains the key macro-economic factors that are expected to influence the growth of the next-generation sequencing data analysis market over the forecast period. Along with macroeconomic factors, this section also highlights the opportunity analysis for the next-generation sequencing data analysis market. This chapter also highlights the key market dynamics of the next-generation sequencing data analysis market, which include the drivers, restraints and trends. Moreover, readers will understand the key trends followed by the leading manufacturers in the next-generation sequencing data analysis market.

Chapter 04 – Global Next-Generation Sequencing (NGS) Data Analysis Market Analysis 2014–2018 and Forecast, 2019–2029

This chapter includes the detailed analysis of the historical next-generation sequencing data analysis market, along with an opportunity analysis of the future. Readers can also find the absolute opportunity for the current year (2019 – 2020), and an incremental opportunity for the forecast period.

Chapter 05 – Global Next-Generation Sequencing (NGS) Data Analysis Market Analysis 2014–2018 and Forecast 2019–2029, By Region

This chapter explains how the next-generation sequencing data analysis market will grow across various geographic regions, such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Japan and the Middle East & Africa (MEA)

Chapter 06 – Global Next-Generation Sequencing (NGS) Data Analysis Market Analysis 2014–2018 and Forecast 2019–2029, By Services & Solutions Type

Based on type, the next-generation sequencing data analysis market is segmented into commercial data analysis softwares & solutions and data analysis services. In this chapter, readers can find information about the key trends and developments in the next-generation sequencing data analysis market and market attractiveness analysis based on the services and solutions type.

Chapter 07 – Global Next-Generation Sequencing (NGS) Data Analysis Market Analysis 2014–2018 and Forecast 2019–2029, By Application

On the basis of application, the next-generation sequencing data analysis market has been segmented into in-house data analysis and outsourcing data analysis. This chapter covers an in-depth market analysis of the application segment across the world.

Chapter 08 – Global Next-generation sequencing data analysis market Analysis 2014 - 2018 & Forecast, 2019 - 2029, By End User

This chapter provides details about the next-generation sequencing data analysis market on the basis of end user, and has been classified into hospitals, academic and research institutes, clinical research organizations and pharma & biotech companies. In this chapter, readers can understand the market attractive analysis based on end user.

Chapter 09 – North America Next-generation sequencing data analysis market Analysis 2014 - 2028 & Forecast, 2019 - 2029

This chapter includes a detailed analysis of the growth of the North America next-generation sequencing data analysis market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the regional trends, regulations, and market growth based on the end users and countries in North America.

Chapter 10 – Latin America Next-generation sequencing data analysis market Analysis 2014 - 2028 & Forecast, 2019 - 2029

Readers can find detailed information about several factors, such as the pricing analysis and the regional trends, which are impacting the growth of the Latin America next-generation sequencing data analysis market. This chapter also includes the growth prospects of the next-generation sequencing data analysis market in the leading LATAM countries such as Brazil, Mexico, and the Rest of Latin America.

Chapter 11 – Western Europe Next-generation sequencing data analysis market Analysis 2014 - 2028 & Forecast, 2019 - 2029

Important growth prospects of the next-generation sequencing data analysis market based on its end users in several countries, such as Germany, the UK, France, Spain, Italy, and the Rest of Western Europe, are included in this chapter.

Chapter 12 – Eastern Europe Next-Generation Sequencing (NGS) Data Analysis Market Analysis 2014–2018 and Forecast 2019–2029

Russia Poland and Rest of Eastern Europe are the leading countries in the Eastern Europe region that are the prime subjects of assessment to obtain the growth prospects of the Eastern Asia next-generation sequencing data analysis market in this chapter. Readers can find detailed information about the growth parameters of the Eastern Europe    next-generation sequencing data analysis market during the period 2019-2029.

Chapter 13 – Asia Pacific excluding Japan (APEJ) Next-Generation Sequencing (NGS) Data Analysis Market Analysis 2014–2018 and Forecast 2019–2029

This chapter highlights the growth of the next-generation sequencing data analysis market in the APEJ on China, India, ASEAN, OCEANIA and Rest of APEJ. This section also helps readers understand the key factors that are responsible for the growth of the next-generation sequencing data analysis market in APEJ

Chapter 14 – Japan Next-Generation Sequencing (NGS) Data Analysis Market Analysis 2014–2018 and Forecast 2019–2029

In this chapter, prime subjects of assessment to obtain the growth prospects of the Japan next-generation sequencing data analysis market is considered

Chapter 15 – MEA Next-Generation Sequencing Data Analysis Market Analysis 2014 - 2028 and Forecast, 2019 - 2029

This chapter provides information about how the next-generation sequencing data analysis market will grow in the major countries in the MEA region, such as GCC Countries, South Africa, and the rest of MEA, during the period 2019 - 2029.

Chapter 16 – Key Players 

In this chapter, readers can find a detailed information about company deep drive of key players in the next-generation sequencing data analysis market along with their market presence analysis by region and service portfolio, along with their strategic overview, and recent company developments.

Some of the service players featured in the report are Adaptive Biotechnologies, Agilent Technologies, Inc., BGI, Takara Bio, Inc, F. Hoffmann-La Roche Ltd, Illumina, Inc., iRepertoire, Inc, Oxford Nanopore Technologies, Ltd., Pacific Biosciences of California, Inc. and Perkinelmer, Inc.,

Chapter 17 – Assumptions and Acronyms

This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the next-generation sequencing report.

Chapter 18 – Research Methodology

This chapter helps readers understand the research methodology followed to obtain the various conclusions as well as important qualitative and quantitative information about the next-generation sequencing data analysis market.

Next Generation Sequencing Ngs Data Analysis Market