Japan Next-Generation Sequencing (NGS) Kits Market was valued at USD 1.1 Billion in 2022 and is projected to reach USD 2.3 Billion by 2030, growing at a CAGR of 9.7% from 2024 to 2030.
The Clinical Diagnostics application of Japan’s Next-Generation Sequencing (NGS) Kits market is growing significantly, driven by the increasing prevalence of genetic disorders and the need for precise diagnostics. NGS technology enables the detailed examination of genetic material, facilitating the identification of genetic mutations associated with various diseases. This advancement is critical in diagnosing conditions such as cancer, inherited genetic disorders, and rare diseases. The comprehensive data provided by NGS allows for the development of personalized treatment plans, which enhances patient outcomes. Additionally, the ability to perform high-throughput sequencing at a lower cost has made it a valuable tool in clinical settings, improving diagnostic accuracy and speed.
In oncology, NGS plays a pivotal role in identifying genetic mutations linked to different types of cancer, thereby supporting targeted therapies. The precision of NGS aids in understanding tumor genomics, enabling oncologists to tailor treatments based on individual genetic profiles. Furthermore, NGS is instrumental in monitoring disease progression and response to therapy. As the demand for personalized medicine grows, the clinical diagnostics segment of the NGS kits market in Japan is expected to expand rapidly, reflecting the increasing reliance on advanced genetic testing for optimal patient care.
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Foundation Medicine
Thermo Fisher Scientific
Illumina
MSKCC
Nanjing Geneseeq
Burning Rock Biotech
Novogene
Amoydxmed
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 Japan Next-Generation Sequencing (NGS) Kits Market
Hospitals and Clinics
Biopharma Companies
Research Organizations
Others
Based on Types the Market is categorized into Below types that held the largest Next-Generation Sequencing (NGS) Kits market share In 2023.
BRCA
EGFR
BRAF
Others
Japan (United States, Japan 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 Japan Next-Generation Sequencing (NGS) Kits 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. Japan Next-Generation Sequencing (NGS) Kits Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Next-Generation Sequencing (NGS) Kits Market, By Type
6. Japan Next-Generation Sequencing (NGS) Kits Market, By Application
7. Japan Next-Generation Sequencing (NGS) Kits Market, By Geography
Japan
Europe
Asia Pacific
Rest of the World
8. Japan Next-Generation Sequencing (NGS) Kits Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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