Europe NGS Services Market was valued at USD 3.2 Billion in 2022 and is projected to reach USD 6.2 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The Europe NGS Services Market has seen significant growth, driven by an increasing demand for personalized healthcare solutions and advancements in genomic research. With the integration of Next-Generation Sequencing (NGS) technologies, industries ranging from healthcare and pharmaceuticals to agriculture and environmental monitoring are tapping into its vast potential. NGS offers comprehensive analysis, such as sequencing entire genomes or specific gene panels, enabling more accurate diagnostics, tailored treatment plans, and research breakthroughs.
In the healthcare and pharmaceutical sectors, the primary requirement for NGS services is its ability to enable early disease detection, improve drug development processes, and enhance precision medicine. With NGS, medical professionals can better understand genetic mutations and variations that contribute to conditions like cancer, genetic disorders, and rare diseases. This capability is highly valued in the industry for its potential to reduce treatment costs while providing more effective and customized care.
Pharmaceutical companies are also leveraging NGS for the development of targeted therapies. The pharmaceutical industry's demand for NGS services is fueled by its capacity to accelerate the discovery of new biomarkers and optimize clinical trials. This not only enhances the development pipeline but also helps in creating personalized medicine that can be tailored to specific genetic profiles, ultimately improving patient outcomes.
In the agriculture industry, NGS is being used for crop enhancement, pest resistance studies, and optimizing livestock breeding. As agriculture continues to evolve into a more data-driven industry, NGS services have become indispensable for improving productivity and sustainability. Agricultural companies are increasingly relying on NGS for precision breeding, which is crucial in ensuring food security and environmental sustainability.
Additionally, the environmental sector utilizes NGS services to monitor biodiversity and ecosystem changes. By analyzing environmental samples at the molecular level, it helps in detecting pollutants and understanding the genetic makeup of various organisms. This type of research is critical for conservation efforts and monitoring the impacts of climate change.
As industries across Europe increasingly recognize the benefits of NGS, its role in improving scientific understanding and operational efficiencies continues to grow. Whether in healthcare, agriculture, or environmental monitoring, NGS services are becoming a critical tool for industries striving to innovate and deliver more precise solutions. The demand for these services is expected to continue rising, creating new opportunities for NGS providers and contributing to the overall growth of the European biotechnology sector.
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Beijing Genomics Institute (BGI)
Cegat (Centre for Genomics and Transcriptomics) GMBH
DNA Vision SA
Eurofins Genomics Inc
Febit / Comprehensive Biomarker Center GMBH (CBC)
Genomnia SRL
Mina Inc
Macrogen Inc
Microsynth AG
Seqomics
Source Bio Science
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe NGS Services Market
Clinical Diagnostics
Research & Development
Forensic Testing
Agricultural Testing
Personalized Medicine
Next-Generation Sequencing (NGS) Platforms
SequencingSynthesis (SBS)
Ion Semiconductor Sequencing
Single-Molecule Real-Time Sequencing (SMRT)
Nanopore Sequencing
Reagents & Consumables
NGS Systems
Software & Services
Sequencing Kits
Bioinformatics Tools
Sample Preparation
Sequencing
Data Analysis
Data Storage
Data Interpretation
Hospitals & Diagnostic Laboratories
Academic & Research Institutes
Biotechnology & Pharmaceutical Companies
Contract Research Organizations
Clinical Research Laboratories
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe NGS Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe NGS Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe NGS Services Market, By Type
6. Europe NGS Services Market, By Application
7. Europe NGS Services Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe NGS Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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