Clinical Oncology Next Generation Sequencing (NGS) Market Key Findings by 2031
MARKET OVERVIEW
Next-generation sequencing is a technique for sequencing DNA or RNA that enables many reactions to be carried out simultaneously. NGS has transformed cancer genetics in recent years by providing researchers with access to genomic and transcriptomic data. In most of the developed nations the next generation sequencing method is used to develop cancer treatments through novel therapies.
MARKET SCOPE
The "Global Clinical Oncology Next Generation Sequencing (NGS) Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the clinical oncology next generation sequencing (NGS) market with detailed market segmentation by technology, workflow, application and end user. The report provides key statistics on the market status of the leading clinical oncology next generation sequencing (NGS) market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
MARKET DYNAMICS
Drivers:
Restraints:
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The clinical oncology next generation sequencing (NGS) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the clinical oncology next generation sequencing (NGS) market in these regions.
IMPACT OF COVID-19 ON CLINICAL ONCOLOGY NEXT GENERATION SEQUENCING (NGS) MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
By Technology
By Workflow
By Application
By End User
MARKET PLAYERS
The report covers key developments in the clinical oncology next generation sequencing (NGS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from clinical oncology next generation sequencing (NGS) market are anticipated to lucrative growth opportunities in the future with the rising demand for clinical oncology next generation sequencing (NGS) in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the clinical oncology next generation sequencing (NGS) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Next-generation sequencing is a technique for sequencing DNA or RNA that enables many reactions to be carried out simultaneously. NGS has transformed cancer genetics in recent years by providing researchers with access to genomic and transcriptomic data. In most of the developed nations the next generation sequencing method is used to develop cancer treatments through novel therapies.
MARKET SCOPE
The "Global Clinical Oncology Next Generation Sequencing (NGS) Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the clinical oncology next generation sequencing (NGS) market with detailed market segmentation by technology, workflow, application and end user. The report provides key statistics on the market status of the leading clinical oncology next generation sequencing (NGS) market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on technology the market is segmented as, whole exome sequencing, whole genome sequencing and targeted sequencing & resequencing.
- Based on workflow the market is segmented as, NGS data analysis, NGS pre-sequencing and NGS sequencing.
- Based on application the market is segmented as, companion diagnostics, screening and other applications.
- Based on end user the market is segmented as, hospitals & clinics and laboratories.
MARKET DYNAMICS
Drivers:
- Increasing prevalence of cancer along with technological advancement in the field of next generation sequencing.
- Increasing significance of next generation sequencing in cancer research.
- Decling cost of genome sequencing is also expected to fuel the market growth.
Restraints:
- However, dearth of skilled professionals, high cost associated with the study along with legal limitations associated with NGS are likely to restrain market growth.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The clinical oncology next generation sequencing (NGS) market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the clinical oncology next generation sequencing (NGS) market in these regions.
IMPACT OF COVID-19 ON CLINICAL ONCOLOGY NEXT GENERATION SEQUENCING (NGS) MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
Clinical Oncology Next Generation Sequencing (NGS) Market Report Analysis
Clinical Oncology Next Generation Sequencing (NGS) Market
-
CAGR (2023 - 2031)XX% -
Market Size 2023
US$ XX Million -
Market Size 2031
US$ XX Million
Report Coverage
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Industry landscape and competition analysis & recent developments
- Detailed company profiles
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
Key Players
- Agilent Technologies Inc
- Caris Life Sciences
- F Hoffmann La Roche Ltd
- FOUNDATION MEDICINE INC
- Illumina Inc
- Myriad Genetics Inc
- Oxford Nanopore Technologies
- PerkinElmer Inc
- QIAGEN
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
By Technology
- Whole Exome Sequencing
- Whole Genome Sequencing
- Targeted Sequencing and Resequencing
By Workflow
- NGS Data Analysis
- NGS Pre-Sequencing
- NGS Sequencing
By Application
- Companion Diagnostics
- Screening
- Other Applications
By End User
- Hospitals and Clinics
- Laboratories
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
The report covers key developments in the clinical oncology next generation sequencing (NGS) market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from clinical oncology next generation sequencing (NGS) market are anticipated to lucrative growth opportunities in the future with the rising demand for clinical oncology next generation sequencing (NGS) in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the clinical oncology next generation sequencing (NGS) market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Agilent Technologies, Inc.
- Caris Life Sciences
- F. Hoffmann-La Roche Ltd
- FOUNDATION MEDICINE, INC.
- Illumina, Inc.
- Myriad Genetics, Inc.
- Oxford Nanopore Technologies
- PerkinElmer Inc
- QIAGEN
- Thermo Fisher Scientific Inc.
Clinical Oncology Next Generation Sequencing (NGS) Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | XX% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Technology
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
The List of Companies
1. Agilent Technologies, Inc.
2. Caris Life Sciences
3. F. Hoffmann-La Roche Ltd
4. FOUNDATION MEDICINE, INC.
5. Illumina, Inc.
6. Myriad Genetics, Inc.
7. Oxford Nanopore Technologies
8. PerkinElmer Inc
9. QIAGEN
10. Thermo Fisher Scientific Inc.
1. Agilent Technologies, Inc.
2. Caris Life Sciences
3. F. Hoffmann-La Roche Ltd
4. FOUNDATION MEDICINE, INC.
5. Illumina, Inc.
6. Myriad Genetics, Inc.
7. Oxford Nanopore Technologies
8. PerkinElmer Inc
9. QIAGEN
10. Thermo Fisher Scientific Inc.
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