The Clinical Oncology Next-Generation Sequencing Market size was valued at USD 9.49 Billion in 2023 and the total Clinical Oncology Next-Generation Sequencing revenue is expected to grow at a CAGR of 20.7 % from 2024 to 2030, reaching nearly USD 35.42 Billion by 2030.
Clinical Oncology Next-Generation Sequencing Market Overview:
Maximize Market Research, a Clinical Oncology Next-Generation Sequencing business research firm has published a report on the “Clinical Oncology Next-Generation Sequencing Market”. As per the “Clinical Oncology Next-Generation Sequencing report- Business Boosting Strategies, Revenue, Major Players and Future Outlook.
Clinical Oncology Next-Generation Sequencing Market Dynamics:
Rising global cancer burden boosts demand for precise genomic analysis, propelling clinical oncology next-generation sequencing market growth.
Continuous improvements in NGS technology are boosting the Clinical Oncology Next-Generation Sequencing Market. For example, Illumina’s NovaSeq platform will revolutionise cancer genome analysis by increasing sequencing speed and accuracy. This innovation propels market expansion by allowing for speedy and cost-effective genomic profiling in oncology research and clinical applications. The rising worldwide cancer burden, particularly in emerging countries, increases the need for accurate genomic analysis afforded by NGS.
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Clinical Oncology Next-Generation Sequencing Market Report Scope and Research Methodology
The report examines market opportunities by analyzing the present condition of the Clinical Oncology Next-Generation Sequencing Market, as well as mergers and acquisitions, R&D investments, technological advancements, creative industry strategies, and consumer behavior. Reports analyze the competitiveness of top players in the Clinical Oncology Next-Generation Sequencing market, providing company summaries, financial performance, product offerings, and strategic approaches. To understand how microeconomic factors affect the market, a thorough examination of strengths and weaknesses was conducted through a SWOT analysis and PESTLE analysis.
Clinical Oncology Next-Generation Sequencing Market Regional Insights:
Regional analysis requires gaining insight into the subtle intricacies of the Clinical Oncology Next-Generation Sequencing Market. The report offers a detailed analysis of factors influencing market size, growth rates, imports, and exports in each region. The section on regional analysis showcases the latest trends of the Clinical Oncology Next-Generation Sequencing Market in the countries included in the report.
Clinical Oncology Next-Generation Sequencing Market Segmentation:
by Technology
Whole Genome Sequencing
Whole Exome Sequencing
Targeted Sequencing
Others
by Workflow
Pre-Sequencing
Sequencing
Data Analysis
Based on technology, Whole Genome Sequencing dominated the Clinical Oncology Next-Generation Sequencing Market in 2023. It provides a comprehensive view of an individual’s entire genome, allowing for the identification of novel mutations and complex structural variations, but its adoption is hampered by high costs and extensive data analysis. Whole Exome Sequencing (WES) focuses on sequencing the genome’s protein-coding regions, providing a balance of cost-effectiveness and extensive genomic coverage, making it ideal for finding cancer-related coding mutations.
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Clinical Oncology Next-Generation Sequencing Market Key Players:
Major Contributors in the Clinical Oncology Next-Generation Sequencing Industry in North America:
1. Illumina, Inc.., San Diego, California, USA
2. Thermo Fisher Scientific, Inc., Waltham, Massachusetts, USA
3. Guardant Health, Inc., Redwood City, California, USA
4. PPacific Bioscience of California, Inc., Menlo Park, California, USA
5. Agilent Technologies, Inc., Santa Clara, California, USA
Leading players in the Europe Clinical Oncology Next-Generation Sequencing Market:
1. Qiagen N.V., Venlo, Netherlands
2. Roche Holdings AG (including Foundation Medicine), Basel, Switzerland
3. Oxford Nanopore Technologies Ltd., Oxford, United Kingdom
4. Genewiz Germany GmbH, Leipzig, Germany
5. Sophia Genetics SA, Saint-Sulpice, Switzerland
Key players driving the Asia-Pacific Clinical Oncology Next-Generation Sequencing Market:
1. Novogene Corporation, Beijing, China
2. BGI Group, Shenzhen, China
3. Takara Bio Inc., Kusatsu, Japan
4. MedGenome Labs Pvt. Ltd., Bengaluru, India
Table of content for the Clinical Oncology Next-Generation Sequencing Market includes:
Part 01: Executive Summary
Part 02: Scope of the Clinical Oncology Next-Generation Sequencing Market Report
Part 03: Global Clinical Oncology Next-Generation Sequencing Market Landscape
Part 04: Global Clinical Oncology Next-Generation Sequencing Market Sizing
Part 05: Global Clinical Oncology Next-Generation Sequencing Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the Clinical Oncology Next-Generation Sequencing Market are:
- What is Clinical Oncology Next-Generation Sequencing Market?
- What was the Clinical Oncology Next-Generation Sequencing market size in 2023?
- What is the growth rate of the Clinical Oncology Next-Generation Sequencing Market?
- Which are the factors expected to drive the Clinical Oncology Next-Generation Sequencing market growth?
- What are the different segments of the Clinical Oncology Next-Generation Sequencing Market?
- What growth approaches are the players considering to increase their presence in Clinical Oncology Next-Generation Sequencing?
- What are the future industry applications and trends for the Clinical Oncology Next-Generation Sequencing Market?
- What recent industry trends can be implemented to generate additional revenue streams for the Clinical Oncology Next-Generation Sequencing Market?
- What segments are covered in the Clinical Oncology Next-Generation Sequencing Market?
- Who are the top companies and what are their portfolios in Clinical Oncology Next-Generation Sequencing Market?
- What segments are covered in the Clinical Oncology Next-Generation Sequencing Market?
- Who are the key players in the Clinical Oncology Next-Generation Sequencing market?
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