![]() Cost-effective NGS data analysis services are readily adopted by establishments that lack the required infrastructure for data management, analysis, and interpretation. Services led the global next-generation sequencing data analysis market with a revenue share of over 54% in 2020. This is expected to offer affordable sequencing analysis services to researchers. collaborated with One Codex to provide end-to-end analysis and microbiome sequencing services. For instance, in January 2021, Transnetyx, Inc. Major market participants have undertaken various strategic initiatives to strengthen their position in the market. The launch of new products will further boost revenue generation in the market. are the key players that offer methylation sequencing and targeted bisulfite sequencing data analysis services. An increase in the adoption of bisulfite-methylation for targeted sequencing and targeted methylation NGS data analysis methods is anticipated to propel market growth.ĮpigenDx, CD Genomics, Novogene Co., Ltd., and Epigentek Group, Inc. Availability of tools, such as Agilent’s HaloPlex capture system and Targeted Methyl-Seq platform from EpiGentek Group Inc., has helped in the determination of DNA methylation profiles in individual genomes. In addition, a decrease in the cost of sequencing is expected to increase the adoption of (NGS), which, in turn, is likely to boost the market growth. The easy availability of genomic and proteomic data is also expected to create lucrative growth opportunities in this market during the forecast period. ![]() Key drivers contributing to market expansion include the growing adoption of sequencing platforms for clinical diagnosis because of a significant reduction in the cost of installation. The global Next-Generation Sequencing Data Analysis market size was valued at US$ 561.6 million in 2020 and is anticipated to grow at a CAGR of 15.05% during forecast period 2021 to 2030. The global Next-Generation Sequencing Data Analysis market size is expected to be worth around US$ 2.72 billion by 2030, according to a new report by Vision Research Reports.
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