Demand from Diverse End-Use Industries to Propel NGS Data Analysis Market

San Francisco, California, May 04, 2018 – The global next generation sequencing (NGS) data analysis market is anticipated to showcase a healthy growth in the forthcoming years, according to a recently published report by TMR Research. Titled, “Next Generation Sequencing (NGS) Data Analysis Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” the report discusses how the perpetual advances in cloud computing and data integration is fuelling the next generation sequencing (NGS) data analysis market.

Next generation sequencing (NGS) is essentially a technology under which innumerable strands of DNA can be sequenced using the method of massive parallelization. This technique is also termed as high throughput sequencing industrially. NGS primarily reduces the need for cloning methods used for DNA fragments in Sanger sequencing methodology. The low cost, high speed, and accuracy along with precision of the results even from a low sample input are the key advantages that NGS technique provides over Sanger’s method of sequencing.

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A vast number of applications in diverse end-use industries such as personalized medicine, oncological research, biomarker discoveries, and animal and agriculture research is providing an efficient thrust to the field of genomics, and especially the arena of next generation sequencing. These are the key considerations creating a positive impact in the global next generation sequencing (NGS) data analysis market, and providing a rich growth opportunity to the same.

Key vendors operating in the global NGS data analysis market are DNAnexus SevenBridges Genomics, Illumina Inc., Bluebee, Omicia Inc., and Station X Inc.

Next Generation Sequencing Gains Strength with Use of Technology

San Francisco, California, May, 26, 2017 : TMR Research presents a new report on the global next generation sequencing data analysis market for the 2017-2025 period. The report, titled “Next Generation Sequencing (NGS) Data Analysis Market– Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017-2025,” presents detailed insights into the market dynamics and growth trends that are expected to have a bearing on the growth of the said market for the aforementioned forecast period.

The report examines the various segments and sub-segments and also presents a detailed analysis of their past, current, and future performance. The factors driving and challenging the growth of the next generation sequencing (NGS) data analysis market have also been covered in this report. Using established analytical tools such as Porter’s Five Forces analysis and SWOT analysis, the report presents a 360-degree overview where the market is headed in the future.

The use of cloud computing along with advanced data integration solutions have been instrumental in addressing data handling bottlenecks wherein a sizeable volume of high-throughput sequencing data is involved. Technological developments in bioinformatics are expected to present gainful opportunities to this vertical, which in turn, will propel the market’s growth.

The introduction of NGS techniques and their increasing adoption in genomic research, clinical diagnosis, and personalized medicine are boosting the demand for accurate and rapid sequencing interpretation instruments that can enable data analysis to be carried out faster. Furthermore, the scope of sequencing projects is expected to be on the rise on account of high genetic data output and at the same time drop in prices of sequencing.

However, high cost involved in the development of infrastructure for algorithms and software is restraining the growth of this market to some extent. NGS data analysis is time-consuming which is also hampering the challenging the growth of NGS data analysis market.

The global NGS data analysis market can be studied in terms of the regions of North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. among these, North America dominates the NGS data analysis market as the region is home to some of the established players in the region. Furthermore, the large number of research projects carried out in Canadian Universities is aiding the growth of the NGS data analysis market in this region.

However, Asia Pacific is expected to emerge as a significant market in the coming years due to the sponsorship received from external agencies for sequencing projects predominantly in emerging economies.

Some of the key players in the global next generation sequencing data analysis market include Illumina Inc., Station X Inc., Genalice, Omicia Inc., Bluebee, Ingenuity, DNAnexus SevenBridges Genomics, Congenica, WuXiNextCODE, and Edico Genome.