Skip to main content

NGS Data Analysis Market Estimated to Record Highest CAGR by 2018 to 2028

The purpose of this comprehensive forecast report presented by Fact.MR is to elaborate the various market projections impacting the global NGS data analysis market during the period through 2018-2028. This assessment delivers high-end statistics concerning market size, growth in trends and revenue share (US& Mn) linked to different geographies and segmentation types. Readers can acquire precise insights about market growth trends along with upcoming opportunities that are expected to reshape the overall structure of the NGS data analysis market during the forecast period.
Continual advancements in data integration & cloud computing solutions have effectively helped in addressing the data-handling bottlenecks, which involves analyzing large high-throughput sequence data. Such technological advancements in the field of bioinformatics are anticipated to offer promising avenues for this vertical, in turn driving demand for NGS data analysis in the foreseeable future.
There has been a rise in demand for rapid and accurate sequence interpretation tools and algorithms for expediting data analysis, with the emergence of NGS solutions along with their surging employment in genomics research, personalized treatment of various ailments, and clinical diagnosis. Additionally, scope of sequencing projects is set to expand on the back of concurrent fall in cost of sequencing and high genetic data output, which in turn will fuel demand for elaborate bioinformatics pipeline incorporating efficient and sophisticated solutions. Narrowing the difference between sequence processing and generation, the trend of substituting local computing software with the cloud-based computing databases is being increasingly employed by researchers in the healthcare sector. Existing challenges concerning biological interpretation of output genomic data will direct research efforts toward the development of precise healthcare data analytical tools, thereby driving the market growth in the near future.
However, infrastructural investments required for the development of algorithms & software will keep the market growth in check. NGS data analysis solutions have been deemed time consuming, and have been witnessing a confined adoption since the recent past. Commercial service providers have lucrative opportunities in the design and development of novel solutions to offer faster turnaround times.
North America is home to several well-established organizations of NGS data analysis. A significant number of NGS research projects are being carried out in Canadian universities, which in turn has resulted into huge demand for NGS data analysis, thereby affecting the revenue growth in the region. North America is set to remain the fastest-expanding and largest market for NGS data analysis. Asia-Pacific excluding Japan will also record an impressive expansion in the market through 2026, mainly driven by rising number of research grants related to sequencing projects in its developing nations such as China and India. Incorporation of high-throughput screening encouraged by positive research & development outcomes in the region will further drive the market growth in APEJ.
Of all end-users in the global NGS data analysis market, academic research institutes are projected to account for the largest market revenue share during 2017 to 2026. Dominance of academic research institutes in the market can be attributed to robust utilization of high-throughput sequencing in university-based and academic research projects.
Major companies providing the NGS data analysis solutions have been undertaking strategic collaborations & partnerships, in a bid to increase their existing product portfolios, meanwhile maintaining a competitive edge in the market. These collaborations & partnerships are primarily focused at developing feasible infrastructure solutions for enabling researchers in performing a population-scale genomic analysis. Key market participants supporting growth of the global NGS data analysis market include ABM, Inc., Agilent Technologies, Biomatters, Ltd, DNAnexus, Dovetail Genomics, LLC, Edge Biosystems, Genestack, Illumina, and Roche.
Ask Industry Experts about this Report - https://www.factmr.com/connectus/sample?flag=AE&rep_id=505
About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Labels:

Comments

Post a Comment

Popular posts from this blog

Electrosurgery Devices Market: Radiofrequency Electrosurgery Devices will Remain the Top-Selling Product

On the back of rising ageing population, increased instances of surgical procedures and technological innovations, the market for electrosurgical devices is likely to slate lucrative growth triggers in the coming years. Significant spike in surgical procedures pertaining neurology, cardiology, gynecology, and several other general surgeries, electrosurgery devices market is in the cusp of exponential growth. Owing to technological innovations the electrosurgery market in North America has demonstrated growth traction over the years. However, increased healthcare spending towards minimally invasive treatment in Asia-Pacific region is expected to propel the market forward, thus contributing as one of the fastest regional hub in electrosurgery devices market. However, factors such as significant product recalls owing to incompliance with FDA framework remain potential challenges for the growth trajectory. Get sample of this report at https://www.factmr.com/connectus/sample?flag=S...
Post a Comment
Read more

North America to Maintain its Leader Status for the Dermatology Devices Market

 Increasing geriatric population across the world have propelled the demand for the dermatology devices, which in turn has contributed to the growth of the dermatology devices market. Rising adoption of dermatology devices in parallel to the rapid adoption of technology in the dermatology clinics and hospitals for treating skin disorders have been prominent factors for the growth of dermatology devices market. Spur in the spending capability of consumers have facilitated the access to these devices. Pervasiveness of skin disorders has been rising at the global level, which has created demand for acute treatment devices. Developments in the treatment methodologies such as liposuction devices and laser instruments have been successful in attracting the attention of the consumers. A recent report published by Fact.MR states that the global dermatology devices market is anticipated to surpass the whopping value of US$ 1,000 Mn by 2022. Browse Full Report with TOC 'https://www.factm...
Post a Comment
Read more

Lithotripsy Devices Market: Non-Invasive ESWL Witnessing Immense Traction

The report offers a crisp overview of the lithotripsy devices market, which includes an introduction to the lithotripsy devices market in tandem with a definition of the target product – lithotripsy devices. A systematic breakdown of the lithotripsy devices market has been offered in this chapter, which implies scope of the research involved. Size of lithotripsy devices market has been studied in terms of volume (tons) and value (MN), and forecast on the lithotripsy devices market has been offered for the period between 2018 and 2026. The lithotripsy devices market is projected to continue its steady growth due to the burgeoning cases of kidney stones, coupled with the surging demand for minimally invasive medical treatments. According to Fact.MR report, the  lithotripsy devices market  is anticipated to accelerate at 4.3% CAGR during 2018-2026 to reach a value of US$ 1,095.2 MN by the end of 2026. In recent past, lithotripsy has become the most pref...
Post a Comment
Read more