Asia-Pacific Next Generation Sequencing (NGS) In Cancer Diagnostics Market is growing with factors such as rising incidence of cancer, increasing, geriatric population and technological advancement in NGS in the field of oncology. However, the high cost of installation of the NGS instrument’s in the laboratory along with the difficulty in data analysis may obstruct the growth of the market in the given forecast period.
Asia-Pacific Next Generation Sequencing (NGS) in Cancer Diagnostics Market Scenario
According to Data Bridge Market Research, the market for wearable medical devices in Asia-Pacific region has the highest market share in next generation sequencing (NGS) in cancer diagnostics market. Market leader is Agilent Technologies, Inc. which accounts an estimated market share of approximately 20% to 25%. The company has gained outstanding sale through providing wearable medical devices.
- In September 2018, Dow Biomedica Co. introduced the Illumina NGS equipment Nextseq550Dx and the panel related to haematological cancer for diagnosis at the Korean Society for Diagnosis and Blood. This introduction of products by the company has increased the demand and sales of its product in the market.
Trends Impacting the Market
Now the question is which other countries Agilent Technologies, Inc. and TOMY DIGITAL BIOLOGY CO., LTD are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific next generation sequencing (NGS) in cancer diagnostics market and the market leaders targeting China, India and Japan to be their next revenue pockets for 2020.
The next generation sequencing (NGS) in cancer diagnostic market is becoming more competitive with companies such as Agilent Technologies, Inc. and TOMY DIGITAL BIOLOGY CO.,LTD as they are the top dominating companies in wearable medical devices having maximum number of products. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the Asia-Pacific next generation sequencing (NGS) in cancer diagnostics market.
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Asia-Pacific Next Generation Sequencing (NGS) in Cancer Diagnostics Market Development
- In February 2020, Swift Biosciences Inc. partnered with LGC, Biosearch Technologies, a worldwide leader in specialty genomic analysis to exploit the focused sequencing technologies from Swift into LGC Biosearch Techologies kits and service offerings for the AgBio industry around the world. This partnership done by the company will increase its credibility in the market.
Scope of the Asia-Pacific Next Generation Sequencing (NGS) in Cancer Diagnostics Market
Asia-Pacific next generation sequencing (NGS) in cancer diagnostics market is segmented on the basis of countries into the South Korea, Japan, India, Australia, Singapore, Taiwan, Hong Kong, Malaysia, Indonesia, New Zealand, Thailand, Vietnam, Macao, Philippines and Rest of Asia-Pacific.
- All country based analysis of Asia-Pacific next generation sequencing (NGS) in cancer diagnostics market is categorized into seven notable segments which are based on basis of cancer type, product & service, technologies, workflow, application, end user and distribution channel. On the basis of cancer type, the Asia-Pacific next generation sequencing (NGS) in cancer diagnostic market is segmented into lung, breast, colorectal, prostrate, stomach, cervical, leukemia and others. On the basis of product & service, the Asia-Pacific next generation sequencing (NGS) in cancer diagnostic market is segmented into kits, software & services and instruments. On the basis of technologies, the Asia-Pacific next generation sequencing (NGS) in cancer diagnostic market is segmented into panels/targeted sequencing & resequencing, whole exome sequencing, whole genome sequencing, RNA sequencing and other sequencing technologies. On the basis of workflow, the Asia-Pacific next generation sequencing (NGS) in cancer diagnostic market is segmented into NGS sequencing, NGS data analysis and NGS pre-sequencing. On the basis of application, the Asia-Pacific next generation sequencing (NGS) in cancer diagnostic market is segmented into screening, companion diagnostics and others. On the basis of end user, the Asia-Pacific next generation sequencing (NGS) in cancer diagnostic market is segmented into pathology labs, hospitals, oncology centers and others. On the basis of distribution channel, the Asia-pacific next generation sequencing (NGS) in cancer diagnostic market is segmented into direct tender and retail sales.
To know more about the study https://www.databridgemarketresearch.com/reports/asia-pacific-next-generation-sequencing-ngs-in-cancer-diagnostic-market
Key Pointers Covered in Asia-Pacific Next Generation Sequencing (NGS) in Cancer Diagnostic Market Industry Trends and Forecast to 2027
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
Key Market Competitors Covered in the Report
- Agilent Technologies, Inc.
- Twist Bioscience
- Millennium Science Pty Ltd
- Dow Biomedica Co.
- Spinco Biotech Pvt Ltd
- Quantabio
- Swift Biosciences Inc.
- ArcherDX, Inc.
- Premas Life Sciences
- TOMY DIGITAL BIOLOGY CO., LTD
Above are the key players covered in the report, to know about more and exhaustive list of Next Generation Sequencing (NGS) in Cancer Diagnostics companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-next-generation-sequencing-ngs-in-cancer-diagnostic-market
Research Methodology: Asia-Pacific Next Generation Sequencing (NGS) in Cancer Diagnostics Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Oncologists, Pathologists, Healthcare Professions, Scientists, clinicians and technicians, Academic Professionals and Researchers
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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