Clinical Oncology Next Generation Sequencing Market Size, Share, Trends, Industry Growth and Competitive Outlook
Clinical
Oncology Next Generation Sequencing Market research report has been
prepared with the systematic gathering and evaluation of market information for
industry which is presented in a form that explains various facts and figures
to the business. Report saves valuable time as well as adds credibility to the
work that is performed to grow business. This quality report has been planned
with full commitment and transparency in research and analysis. With the
systematic insights of this report, companies can self-assuredly take decisions
about the production and marketing strategies. Clinical Oncology Next
Generation Sequencing Market document provides the same by studying the market
and the industry with respect to numerous aspects.
Clinical Oncology Next Generation Sequencing Market report gives
explanation about the different segments of the market analysis which is
demanded by today’s businesses. Key players are taking actions such as
developments, product launches, acquisitions, mergers, joint ventures and
competitive analysis in the industry. All the market aspects are estimated and
analysed by a team of innovative, enthusiastic and motivated researchers and
analysts so that nothing lefts uncovered in the report. Global Clinical
Oncology Next Generation Sequencing Market research report, it becomes easy to
figure out brand awareness and insight about the brand and product among
potential customers.
According to the American Cancer Society, 1.7 million additional cancer
cases and 0.6 million cancer deaths occurred in the United States in 2019.
Lung, prostate, bladder, and female breast cancer are the four most common
cancers worldwide, accounting for 43% of all new cancer cases. As a result,
demand for clinical oncology next-generation sequencing is predicted to rise as
cancer incidence rates rise globally. Clinical oncology next-generation
sequencing companies are increasingly investing in workflow automation to
improve accuracy and lower sample-to-sample variability.
Clinical oncology next generation sequencing market
which was USD 592.56 million in 2021, would rocket up to USD 1825.30 million by
2029, and is expected to undergo a CAGR of 15.1% during the forecast period
2022 to 2029.
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Next-generation sequencing is a DNA or RNA technique that permits
several reactions to be carried out simultaneously. This is one of the most
important applications of next-generation sequencing in oncology. In recent
years, NGS has changed cancer genetics by providing researchers greater access
to genomic and transcriptome data. Next-generation tumour and germline DNA
sequencing is used in oncology screening for therapeutic application.
Some of the major players operating in the clinical
oncology next generation sequencing market are:
- Illumina, Inc. (U.S.)
- Thermo Fisher Scientific Inc. (U.S.)
- F. Hoffmann-La Roche Ltd. (Switzerland)
- Agilent Technologies Inc. (U.S.)
- Myriad Genetics Inc. (U.S.)
- BGI (China)
- Perkin Elmer Inc. (U.S.)
- Foundation Medicine Inc. (U.S.)
- PacBio (U.S.)
- Oxford Nanopore Technologies plc. (U.K.)
- Paradigm Diagnostics Inc. (U.S.)
- Caris Life Sciences (Japan)
- Partek, Incorporated (U.S.)
- Eurofins Scientific (Luxembourg)
- Qiagen (Germany)
Opportunities
Rapidly increasing cancer cases have become a major issue all over the
world. The sickness not only kills people but also has a negative influence on
countries' economies. As a result, the government and a variety of other
healthcare organisations are taking steps to combat cancer's global burden.
Research institutes are receiving large sums of money in order to find viable
treatments and drugs. New studies are being launched to comprehensively examine
the human genome.
The report provides insights on the following
pointers:
- Market Penetration: Comprehensive
information on the product portfolios of the top players in the Clinical
Oncology Next Generation Sequencing Market.
- Product Development/Innovation:
Detailed insights on the upcoming technologies, R&D activities, and
product launches in the market.
- Competitive Assessment: In-depth
assessment of the market strategies, geographic and business segments of
the leading players in the market.
- Market Development: Comprehensive
information about emerging markets. This report analyzes the market for
various segments across geographies.
- Market Diversification: Exhaustive
information about new products, untapped geographies, recent developments,
and investments in the Clinical Oncology Next Generation Sequencing Market.
Global
Clinical Oncology Next Generation Sequencing Market survey report
analyses the general market conditions such as product price, profit, capacity,
production, supply, demand, and market growth rate which supports businesses on
deciding upon several strategies. Furthermore, big sample sizes have been
utilized for the data collection in this business report which suits the necessities
of small, medium as well as large size of businesses. The report explains the
moves of top market players and brands that range from developments, products
launches, acquisitions, mergers, joint ventures, trending innovation and
business policies.
This study answers to the below key questions:
- What are the key factors driving the Clinical Oncology Next
Generation Sequencing Market?
- What are the challenges to market growth?
- Who are the key players in the Clinical Oncology Next Generation
Sequencing Market?
- What are the market opportunities and threats faced by the key
players?
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