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.
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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.
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.
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Market Segment:
Global NGS Data Analysis Software Storage & Management Market Outlook, by Product (Revenue, USD Million, 2013 – 2024)
• Services
• NGS Commercial Software
• Platform OS/UI
• Analytical Software
• QC/Pre-processing Tools
• Alignment Tools & Software
• DNA Seq Alignment
• RNA Seq Alignment
• Protein Seq Alignment
• Others
Global NGS Data Analysis Software Storage & Management Outlook, by Workflow (Revenue, USD Million, 2013 – 2024)
• Primary Data Analysis
• Secondary Data Analysis
• Read Mapping
• Variant Alignment & Variant Calling
• Tertiary Data Analysis
• Variant Annotation
• Application Specific Data Analysis
• Targeted bi-sulfite/ Methylation
• Exome/Targeted DNA
• RNA seq
• Whole genome
• Chip Seq
• Others
Global NGS Data Analysis Software Storage & Management Outlook, by Mode (Revenue, USD Million, 2013 – 2024)
• In-house Data Analysis
• Outsourced Data Analysis
Global NGS Data Analysis Software Storage & Management Outlook, by End-use (Revenue, USD Million, 2013 – 2024)
• Academic Research
• Clinical Research
• Hospitals & Clinics
• Pharma & Biotech Entities
• Other users
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
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/biotechnology
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