Clinical Oncology Next-generation Sequencing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028
Global Clinical Oncology Next-generation Sequencing Market – Overview
Next generation sequencing is also known as non-Sanger based high throughput DNA sequencing technology. This term is particularly used for defining advanced and modern sequencing technologies such as Roche 454 Sequencing, Illumina (Solexa) Sequencing, Proton/PGM sequencing, and SOLiD sequencing among others. Billions of DNA strands are chained in parallel that provide considerable more throughput. The clinical oncology-next generation sequencing market is thus making use of such new sequencing technologies for profiling cancer. The leading players in the global market are concentrating more on acquisitions, mergers, and strategic joint ventures. This has thus helped the developing nations to offer support to set up new centers for research and development activities.
Global Clinical Oncology Next-generation Sequencing Market – Notable Developments
Some of the notable developments in the global clinical oncology-next generation sequencing market are given below:
Some of the leading vendors in the global next-generation sequencing market are:
Global Clinical Oncology Next-generation Sequencing Market – Drivers and Restraints
Among the several growth influencing factors for the clinical oncology-next generation sequencing market, the biggest factor is the increasing adoption of genomic-centric pharmacology in the treatment of cancer. The clinical oncology-next generation sequencing market makes use of the most advanced genomic techniques and technologies to investigate the genetic changes that occur due to the spreading of cancer in the body. The rapid development and innovations in this segment is thus driving the overall growth of the global clinical oncology-next generation sequencing market.
In addition to this, there has been a considerable rise in investments and funding to the research and development centers concentrating on finding new solutions in sequencing. This factor coupled with expanding healthcare budgets of several developed nations is also providing a big help to the global clinical oncology-next generation sequencing market.
Moreover, the practicing medical professionals and doctors are now familiar with clinical oncology-next generation sequencing and are increasingly using the same for diagnosis and treatment of cancer. This has not only spreading the awareness among the common masses but also helping to scale up the uptake of the global market. Oncologists these days are more reliant clinical oncology-next generation sequencing to select drugs or their combination for treating patients.
Global Clinical Oncology Next-generation Sequencing Market – Geographical Outlook
There are five main geographical segments of the global clinical oncology-next generation sequencing market viz. Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Of these, the global market is expected to be dominated by North America over the course of the given forecast period of 2018 to 2028. This growth of the market is due to heavy spending on the development of new R&D facilities that work on clinical oncology-next generation sequencing. In addition to this, the presence of several leading players in the global market has also worked in favor for the growth of the North America market.
Global Clinical Oncology Next-generation Sequencing Market Segmentation:
The study presents reliable qualitative and quantitative insights into:
The regional analysis covers:
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Highlights of the report:
Note: Immense care has been taken to present data with the highest levels of accuracy in all TMRResearch reports. Nevertheless, recent developments related to market/vendor landscape may take time to reflect in the analysis.
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