{"id":56279,"date":"2023-04-27T12:03:30","date_gmt":"2023-04-27T10:03:30","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/asia-pacific-and-middle-east-ngs-market-to-2027-increasing-adoption-of-ngs-in-various-research-and-diagnostics-fields-drives-growth-researchandmarkets-com\/"},"modified":"2023-04-27T12:03:30","modified_gmt":"2023-04-27T10:03:30","slug":"asia-pacific-and-middle-east-ngs-market-to-2027-increasing-adoption-of-ngs-in-various-research-and-diagnostics-fields-drives-growth-researchandmarkets-com","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/asia-pacific-and-middle-east-ngs-market-to-2027-increasing-adoption-of-ngs-in-various-research-and-diagnostics-fields-drives-growth-researchandmarkets-com\/","title":{"rendered":"Asia-Pacific and Middle East NGS Market to 2027: Increasing Adoption of NGS in Various Research and Diagnostics Fields Drives Growth &#8211; ResearchAndMarkets.com"},"content":{"rendered":"<div>\n<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.researchandmarkets.com%2Freports%2F5768727%2Fasia-pacific-middle-east-ngs-market-focus-on%3Futm_source%3DBW%26utm_medium%3DPressRelease%26utm_code%3Dw3kw6h%26utm_campaign%3D1845013%2B-%2BAsia-Pacific%2Band%2BMiddle%2BEast%2BNGS%2BMarket%2Bto%2B2027%253a%2BIncreasing%2BAdoption%2Bof%2BNGS%2Bin%2BVarious%2BResearch%2Band%2BDiagnostics%2BFields%2BDrives%2BGrowth%26utm_exec%3Djamu273prd&amp;esheet=53388849&amp;newsitemid=20230427005482&amp;lan=en-US&amp;anchor=%26quot%3BAsia-Pacific+and+Middle+East+NGS+Market%3A+Focus+on+Offering%2C+Platform%2C+Throughput%2C+Technology+Type%2C+Application%2C+End+User%2C+and+Country+Analysis+-+Analysis+and+Forecast%2C+2022-2027%26quot%3B&amp;index=1&amp;md5=1d393eb2b9d147cd3f3f0efe2dd8d374\" rel=\"nofollow noopener\" shape=\"rect\">&#8220;Asia-Pacific and Middle East NGS Market: Focus on Offering, Platform, Throughput, Technology Type, Application, End User, and Country Analysis &#8211; Analysis and Forecast, 2022-2027&#8221;<\/a> report has been added to <strong>ResearchAndMarkets.com&#8217;s<\/strong> offering.<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20230427005482\/en\/1776628\/4\/logo.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230427005482\/en\/1776628\/21\/logo.jpg\"><\/a><\/p>\n<p>\nThe Asia-Pacific and Middle East NGS market was valued at $1,055.6 million in 2022 and is anticipated to reach $2,370.7 million by 2027, witnessing a CAGR of 17.56% during the forecast period 2022-2027.<\/p>\n<p>\nThe market is driven by factors such as the increasing adoption of NGS in various research and diagnostics fields, growing prevalence of non-communicable disorders, and advancement in the performance of NGS platforms.<\/p>\n<p>\n<strong>Market Lifecycle Stage<\/strong><\/p>\n<p>\nThe Asia-Pacific and Middle East NGS market is highly consolidated. This market still holds significant potential for growth as technological developments in NGS platforms and initiatives to integrate genomics in healthcare are ongoing.<\/p>\n<p>\nThe opportunity for growth of the Asia-Pacific and Middle East NGS market lies in development of economical and portable technologies.<\/p>\n<p>\n<strong>Recent Developments in the Asia-Pacific and Middle East NGS Market<\/strong><\/p>\n<ul>\n<li>\nIn October 2022, the company introduced Revio and Onso &#8211; new sequencing systems; Revio is a long-read sequencing system that allows the sequencing of up to 1,300 human whole genomes per year, while Onso is a benchtop short-read DNA sequencing platform. The system enables scaling of the use of PacBio&#8217;s HiFi sequencing technology for large studies in human genetics, cancer research, and agricultural genomics, among others.<\/li>\n<li>\nIn September 2022, Illumina, Inc. introduced Illumina Complete Long-Reads (INFINITY) for human whole-genome sequencing (WGS). This resulted in a high-performance, streamlined, integrated method. Furthermore, the platform showed compatibility with all NovaSeq systems for the synthesis of thousands of long-read genomes every year.<\/li>\n<li>\nIn September 2022, Illumina, Inc. introduced the first FDA-registered and CE-marked in vitro diagnostic (IVD) high-throughput sequencer, the NovaSeq 6000 Dx. The NovaSeq 6000 Dx is a versatile platform that provides the greatest levels of compliance while also delivering useful insights for patient care.<\/li>\n<li>\nIn August 2022, Illumina, Inc. teamed with Minderoo Foundation and contributed $27.8 million to improve genetic knowledge of marine systems. This innovative collaboration used Illumina&#8217;s NextSeq 2000 sequencing system to assess and understand marine life in seas.<\/li>\n<\/ul>\n<p>\n<strong>Demand &#8211; Drivers and Limitations<\/strong><\/p>\n<p>\n<strong>The following are the drivers for the Asia-Pacific and Middle East NGS market:<\/strong><\/p>\n<ul>\n<li>\nIncreasing Adoption of NGS in Various Research and Diagnostics Fields<\/li>\n<li>\nGrowing Prevalence of Non-Communicable Diseases<\/li>\n<li>\nAdvancement in the Performance of NGS Platforms<\/li>\n<\/ul>\n<p>\n<strong>The market is expected to face some limitations as well due to the following challenges:<\/strong><\/p>\n<ul>\n<li>\nDearth of Skilled Professionals in Middle East Countries<\/li>\n<li>\nHigh Cost of Installation and Maintenance of the Equipment<\/li>\n<li>\nReimbursement and Regulatory Policies of NGS<\/li>\n<\/ul>\n<p>\n<strong>Key Attributes:<\/strong><\/p>\n<table>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;border-left:solid black 1pt;\"><strong>Report Attribute<\/strong><\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;\"><strong>Details<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;border-left:solid black 1pt;\">No. of Pages<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;\">217<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;border-left:solid black 1pt;\">Forecast Period<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;\">2022 &#8211; 2027<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;border-left:solid black 1pt;\">Estimated Market Value (USD) in 2022<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;\">$1055.6 Million<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;border-left:solid black 1pt;\">Forecasted Market Value (USD) by 2027<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;\">$2370.7 Million<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;border-left:solid black 1pt;\">Compound Annual Growth Rate<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;\">17.6%<\/td>\n<\/tr>\n<tr>\n<td colspan=\"1\" rowspan=\"1\" style=\"border:solid black 1pt;\">Regions Covered<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-top:solid black 1pt;border-right:solid black 1pt;border-bottom:solid black 1pt;\">Asia Pacific, Middle East<\/td>\n<\/tr>\n<\/table>\n<p>\n<strong>Key Companies Profiled<\/strong><\/p>\n<ul>\n<li>\nBGI Group<\/li>\n<li>\nIllumina, Inc.<\/li>\n<li>\nThermo Fisher Scientific Inc.<\/li>\n<li>\nPacific Biosciences of California, Inc.<\/li>\n<li>\nOxford Nanopore Technologies plc.<\/li>\n<\/ul>\n<p>\n<strong>Market Segmentation<\/strong><\/p>\n<p>\n<strong>Segmentation 1: by Offerings<\/strong><\/p>\n<ul>\n<li>\nConsumables<\/li>\n<li>\nEquipment<\/li>\n<li>\nServices<\/li>\n<\/ul>\n<p>\nThe Asia-Pacific and Middle East NGS market (by offerings) is expected to be dominated by the consumables segment.<\/p>\n<p>\n<strong>Segmentation 2: by Platform<\/strong><\/p>\n<ul>\n<li>\nIllumina, Inc.<\/li>\n<li>\nThermo Fisher Scientific Inc.<\/li>\n<li>\nPacific BioSciences of California, Inc.<\/li>\n<li>\nOxford Nanopore Technologies plc.<\/li>\n<li>\nOther Companies<\/li>\n<\/ul>\n<p>\nThe Asia-Pacific and Middle East NGS market (by platform) is expected to be dominated by Illumina, Inc.<\/p>\n<p>\n<strong>Segmentation 3: by Throughput<\/strong><\/p>\n<ul>\n<li>\nHigh-Throughput<\/li>\n<li>\nMedium-Throughput<\/li>\n<li>\nLow-Throughput<\/li>\n<\/ul>\n<p>\nThe Asia-Pacific and Middle East NGS market (by throughput) is expected to be dominated by the high-throughput segment.<\/p>\n<p>\n<strong>Segmentation 4: by Technology Type<\/strong><\/p>\n<ul>\n<li>\nSequencing by Synthesis<\/li>\n<li>\nIon Torrent Semiconductor Sequencing<\/li>\n<li>\nSingle Molecule Real-Time Sequencing<\/li>\n<li>\nNanopore Sequencing Technology<\/li>\n<li>\nOther Technologies<\/li>\n<\/ul>\n<p>\nThe Asia-Pacific NGS market (by technology type) is expected to be dominated by the sequencing by synthesis segment.<\/p>\n<p>\n<strong>Segmentation 5: by Application<\/strong><\/p>\n<ul>\n<li>\nClinical Diagnostics<\/li>\n<li>\nTranslational Research<\/li>\n<li>\nOther Applications<\/li>\n<\/ul>\n<p>\nThe Asia-Pacific NGS market (by application) is expected to be dominated by the translational research segment.<\/p>\n<p>\n<strong>Segmentation 6: by End User<\/strong><\/p>\n<ul>\n<li>\nAcademic and Research Institutes<\/li>\n<li>\nClinical Laboratories<\/li>\n<li>\nPharmaceutical and Biotechnology Companies<\/li>\n<li>\nOther End Users<\/li>\n<\/ul>\n<p>\nThe Asia-Pacific NGS market (by end-user) is expected to be dominated by the academic and research institutes segment.<\/p>\n<p>\n<strong>Segmentation 7: by Country<\/strong><\/p>\n<ul>\n<li>\nAsia-Pacific (Japan, India, South Korea, Australia, Singapore, New Zealand, Rest-of-Asia-Pacific)<\/li>\n<li>\nMiddle East (U.A.E., K.S.A., Egypt, Israel, Rest-of-Middle East)<\/li>\n<\/ul>\n<p>\nThe Asia-Pacific NGS market (by country) is expected to be dominated by Japan and the Middle East NGS market (by country) is expected to be dominated by the U.A.E.<\/p>\n<p>\nFor more information about this report visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.researchandmarkets.com%2Freports%2F5768727%2Fasia-pacific-middle-east-ngs-market-focus-on%3Futm_source%3DBW%26utm_medium%3DPressRelease%26utm_code%3Dw3kw6h%26utm_campaign%3D1845013%2B-%2BAsia-Pacific%2Band%2BMiddle%2BEast%2BNGS%2BMarket%2Bto%2B2027%253a%2BIncreasing%2BAdoption%2Bof%2BNGS%2Bin%2BVarious%2BResearch%2Band%2BDiagnostics%2BFields%2BDrives%2BGrowth%26utm_exec%3Djamu273prd&amp;esheet=53388849&amp;newsitemid=20230427005482&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.researchandmarkets.com%2Fr%2Fmsxwqe&amp;index=2&amp;md5=fff81d5e79c6c0362e0731cba6949fe5\" rel=\"nofollow noopener\" shape=\"rect\">https:\/\/www.researchandmarkets.com\/r\/msxwqe<\/a><\/p>\n<p>\n<strong>About ResearchAndMarkets.com<\/strong><\/p>\n<p>\nResearchAndMarkets.com is the world&#8217;s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nResearchAndMarkets.com<br \/>\n<br \/>Laura Wood, Senior Press Manager<br \/>\n<br \/><a target=\"_blank\" href=\"&#109;&#x61;i&#108;&#x74;o&#x3a;&#x70;&#114;&#x65;s&#115;&#x40;r&#101;&#x73;&#101;&#x61;r&#99;&#x68;a&#110;&#x64;&#109;&#x61;&#x72;&#107;&#x65;t&#115;&#x2e;c&#x6f;&#x6d;\" rel=\"nofollow noopener\" shape=\"rect\">&#112;&#x72;&#x65;s&#115;&#x40;r&#101;&#x73;&#x65;&#97;&#x72;&#x63;h&#97;&#x6e;d&#109;&#x61;&#x72;&#107;&#x65;&#x74;s&#46;&#x63;o&#109;<\/a><br \/>For E.S.T Office Hours Call 1-917-300-0470<br \/>\n<br \/>For U.S.\/ CAN Toll Free Call 1-800-526-8630<br \/>\n<br \/>For GMT Office Hours Call +353-1-416-8900<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;Asia-Pacific and Middle East NGS Market: Focus on Offering, Platform, Throughput, Technology Type, Application, End User, and Country Analysis &#8211; Analysis and Forecast, 2022-2027&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. The Asia-Pacific and Middle East NGS market was valued at $1,055.6 million in 2022 and is anticipated to reach $2,370.7 million by &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/asia-pacific-and-middle-east-ngs-market-to-2027-increasing-adoption-of-ngs-in-various-research-and-diagnostics-fields-drives-growth-researchandmarkets-com\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-56279","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Asia-Pacific and Middle East NGS Market to 2027: Increasing Adoption of NGS in Various Research and Diagnostics Fields Drives Growth - ResearchAndMarkets.com - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/asia-pacific-and-middle-east-ngs-market-to-2027-increasing-adoption-of-ngs-in-various-research-and-diagnostics-fields-drives-growth-researchandmarkets-com\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asia-Pacific and Middle East NGS Market to 2027: Increasing Adoption of NGS in Various Research and Diagnostics Fields Drives Growth - ResearchAndMarkets.com - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"DUBLIN&#8211;(BUSINESS WIRE)&#8211;The &#8220;Asia-Pacific and Middle East NGS Market: Focus on Offering, Platform, Throughput, Technology Type, Application, End User, and Country Analysis &#8211; Analysis and Forecast, 2022-2027&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. 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Analysis and Forecast, 2022-2027&#8221; report has been added to ResearchAndMarkets.com&#8217;s offering. The Asia-Pacific and Middle East NGS market was valued at $1,055.6 million in 2022 and is anticipated to reach $2,370.7 million by ... 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