Next-Generation Sequencing Data Analysis Market Growth Driven by Advancements in Computational Biology

Next-Generation Sequencing Data Analysis Market is expected to reach USD 58333.64 million at a CAGR of 18% during the forecast period 2029.

Next-Generation Sequencing Data Analysis Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the Next-Generation Sequencing Data Analysis Market. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Next-Generation Sequencing Data Analysis market by thorough analysis, and projections are made up to 2029.

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Next-Generation Sequencing Data Analysis Market Scope and Methodology:

The Next-Generation Sequencing Data Analysis market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Next-Generation Sequencing Data Analysis market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

Also, the research offers detailed insights into the dynamics of the Next-Generation Sequencing Data Analysis market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Next-Generation Sequencing Data Analysis market were developed. The study provides a thorough value chain analysis that clarifies the Next-Generation Sequencing Data Analysis production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Next-Generation Sequencing Data Analysis market on a global and micro level.

Next-Generation Sequencing Data Analysis Market Segmentation:

by Product

 Services
 NGS Commercial Software
 Platform OS/UI
 Analytical Software
o Alignment Tools & Softwares
 DNA Sequence Alignment
 RNA Sequence Alignment
 Protein Sequence Alignment
o QC/Pre-processing Tools
o Others

With revenues of more than 54% in 2020, the services led the global market for next-generation sequencing data analysis. Establishments with limited resources for research, data administration, and interpretation can easily employ NGS data analysis services at a reasonable price. Companies like ThermoFisher Scientific, Igenbio, Inc., and Toldot Genetics offer exome interpretation, variant calling, visualization, annotation, and other services. The CLC Genomics Workbench from QIAGEN is a platform for interpreting data that integrates transcriptomics, genomics, metagenomics, and epigenomics into a single application.

by Workflow

 Primary
 Secondary
 Read Mapping
 Variant Alignment & Variant Calling
 Tertiary
 Variant Annotation
 Application-Specific
o Targeted Sequencing
o Exome Sequencing
o RNA Sequencing
o Whole Genome Sequencing
o CHIP-Sequencing
o Others

With a market share of more than 48% in 2020, the tertiary workflow division topped the industry. An array of annotation techniques are employed for NGS tertiary data processing, and entities are proactively broadening the scope of these instruments. Personalized genomic analysis is ideally suited for field-programmable gate arrays (FPGAs), which are logic circuits that are faster and more efficient than conventional central processing units. Large storage centers that can manage many samples at once are available from cloud service companies like Amazon Web Services.

by Mode

 In-house
 Outsourced

In 2020, the internal mode segment constituted more than 65 percent of the entire sales. Businesses that conduct their research using readily available hardware and software resources and use NGS for illness testing and evaluation are referred to as in-house. These companies are multiplying at an exponential rate. Moreover, the yearly budgets of many academic institutions and research centers are more than twice as large for internal data processing as for external data analysis. Additionally, bioinformatics pipelines can swiftly include innovative experimental methods thanks to in-house research.

by Read Length

 Short Read
 Long Read
 Very Long Read

Because short-read sequencing is widely accepted and alignment tools and algorithms are readily available, short-read sequencing is expected to hold a 77.37 percent share of the global market in 2020. BaseSpace Sequence Hub is a genomics cloud computing environment that offers a suite of applications for processing short-read sequencing data that may be utilized in various research and make managing sequencing data easier. Segments of read sequencing that are long or extremely long show considerable market potential. Oxford Nanopore's Guppy data processing toolset offers base-calling methods and bioinformatic post-processing capabilities.

by End User

 Academic Research
 Clinical Research
 Hospitals & Clinics
 Pharma & Biotech Entities
 Other End Users

The increased adoption of next-generation sequencing data processing workflows in academic institutions in 2020 resulted in notable advancements for both research centers and academic institutes. For instance, the University of Pittsburgh has created centers for high-performance computing, bioinformatics processing, and sequencing to assist scholars with their current academic projects.

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Next-Generation Sequencing Data Analysis Market Key Players:

 Thermo Fisher Scientific, Inc.
 Illumina, Inc.
 QIAGEN
 F. Hoffman-La Roche Technologies
 Agilent Technologies
 Intrexon Bioinformatics Germany GmbH
 Partek, Inc.
 PierianDx
 DNASTAR, Inc.
 Eurofins Scientific
 Congenica Ltd.
 Bio Rad Laboratories, Inc.
 Genuity Science
 DNAnexus Inc.
 SciGenom Labs Pvt. Ltd
 Golden Helix, Inc.
 Other Key Players

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Next-Generation Sequencing Data Analysis Market Regional Insights :

The size and trends in the Next-Generation Sequencing Data Analysis market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

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Key questions answered in the Next-Generation Sequencing Data Analysis Market are:

What is Next-Generation Sequencing Data Analysis ?
What was the Next-Generation Sequencing Data Analysis market size in 2020?
Which are the factors expected to drive the Next-Generation Sequencing Data Analysis market growth?
Who are the leading companies and what are their portfolios in Next-Generation Sequencing Data Analysis Market?
What growth strategies are the players considering to increase their presence in Next-Generation Sequencing Data Analysis ?
What are the upcoming industry applications and trends for the Next-Generation Sequencing Data Analysis Market?
What will be the CAGR at which the Next-Generation Sequencing Data Analysis market will grow?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Next-Generation Sequencing Data Analysis Market?
What are the different segments of the Next-Generation Sequencing Data Analysis Market?
What is the growth rate of the Next-Generation Sequencing Data Analysis Market?
What segments are covered in the Next-Generation Sequencing Data Analysis Market?
Who are the key players in the Next-Generation Sequencing Data Analysis market?
What are the key challenges and opportunities in the Next-Generation Sequencing Data Analysis market?
Which application holds the highest potential in the Next-Generation Sequencing Data Analysis market?

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Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment | 2021−2029
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region

PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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