Clinical Oncology Next-Generation Sequencing Market:
Clinical Oncology Next-Generation Sequencing Market size was valued at US $ 7.86 Bn.in 2022 and the total revenue is expected to grow at 20.7% through 2022 to 2029, reaching nearly US$ 2.93 Bn.
Clinical Oncology Next-Generation Sequencing Market Report Overview:
Next-generation sequencing is a technique for sequencing DNA or RNA that allows several reactions to be carried out simultaneously. One of the most significant uses of next-generation sequencing in oncology. NGS has revolutionized cancer genetics in recent years by supplying researchers with access to genomic and transcriptomic data.
The research is based on forecasts from leading organizations and Nanozymes market statistics. It also includes sales growth figures, competitive landscape for the forecast period, and valuations of individual companies at the global, regional, and local levels.
Clinical Oncology Next-Generation Sequencing Market Dynamics:
The clinical oncology next-generation sequencing market is anticipated to take the lead in the upcoming years due to the rising incidence of cancer and technological advancements in the sector. Furthermore, it is anticipated that over the forecast period, single-gene research would lose ground to NGS, creating significant market potential prospects.
The American Cancer Society estimates that there were 1.7 million more instances of cancer and 0.6 million cancer deaths in the country in 2019. The four most common cancer types worldwide are lung, prostate, bladder, and female breast cancer, which together account for 43% of all new cancer cases. As a result, the need for clinical oncology next-generation sequencing is anticipated to expand as cancer incidence rates rise globally.
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Clinical Oncology Next-Generation Sequencing Market Report Scope and Research Methodology:
The bottom-up approach has been used to estimate the global and regional Clinical Oncology Next-Generation Sequencing market size. Primary and secondary research methods have been used to gather the data for the Clinical Oncology Next-Generation Sequencing market report. The report also includes a SWOT analysis and Porter’s five forces analysis, which helps to understand buyer-supplier relations and the strengths and weaknesses of the Clinical Oncology Next-Generation Sequencing key competitors in the industry. The Clinical Oncology Next-Generation Sequencing market report provides comprehensive coverage of import/export consumption, supply and demand, price, revenue generated, market share, market penetration, sales volume, and gross margins. The report also provides an in-depth analysis of each industry manufacturing site, capacity, production, market price, sales revenue, and market share.
Clinical Oncology Next-Generation Sequencing Market Regional Analysis:
The report provides a comprehensive analysis of the Clinical Oncology Next-Generation Sequencing market across all regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. It examines the primary geographic conditions of the market, including all segments. The report also provides the current state of the regional Clinical Oncology Next-Generation Sequencing market in terms of market size and share.
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Clinical Oncology Next-Generation Sequencing Market Segmentation:
Sequencing, which accounted for more than 54% of total revenue, was the most lucrative process category according to process. The workflow’s critical step of sequencing necessitates the usage of specialized platforms. The growth of the segment is also supported by an increase in cancer sequencing projects. The pre-sequencing stage is influenced by the efforts of important parties to lower the cost of NGS library planning. It is anticipated that utilization of NGS data analysis would increase. The segment is growing as a result of the efforts of major industry players to develop sophisticated analytical tools. Over 2,600 tumor samples from 38 distinct cancer types were sequenced by the Pan-Cancer Analysis of Whole Genomes (PCAWG) Consortium.
Clinical Oncology Next-Generation Sequencing Market Key Players:
• Illumina, Inc.
• QIAGEN
• Thermo Fisher Scientific, Inc.
• F. Hoffman-La Roche Technologies
• Agilent Technologies
• Myriad Genetics
• Foundation Medicine
• Pacific Bioscience
• Oxford Nanopore Technologies Ltd.
• Beijing Genomics Institute (BGI)
• Perkin Elmer, Inc.
• Paradigm Diagnostics
• Caris Life Sciences
• Partek, Inc.
• Eurofins Scientific S.E.
• Bio Rad Laboratories, Inc.
• Other Key Players
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Key Questions answered in the Clinical Oncology Next-Generation Sequencing Market Report are:
What are the Clinical Oncology Next-Generation Sequencing market segments?
What is the expected Market size by the end of the forecast period?
What is the expected CAGR of the Clinical Oncology Next-Generation Sequencing market during the forecast period?
Which region held the largest market share in the Clinical Oncology Next-Generation Sequencing Market?
What are the factors driving the Clinical Oncology Next-Generation Sequencing Market?
What factors are affecting the Clinical Oncology Next-Generation Sequencing market growth?
Who are the key players in the Clinical Oncology Next-Generation Sequencing industry?
Key offerings:
Market Overview
Market Share
Market Size
Forecast |2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape – Leading key players and other prominent key players.
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