Resources
About Us
Asia-Pacific NGS Automation Market by Product (Platform, Consumables), Sequencing Type (Whole Genome, Exome, Targeted), Application (Drug Discovery, Diagnostics), End User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic) - Forecast to 2031
Report ID: MRHC - 1041107 Pages: 200 Feb-2024 Formats*: PDF Category: Healthcare Delivery: 24 to 72 Hours Download Free Sample ReportNext-generation Sequencing (NGS) is a genome sequencing technology usually used for research purposes and applied in clinical diagnostics. NGS determines the order of nucleotides in the entire genomes or targeted regions of DNA or RNA. It is used for various clinical applications such as disease diagnosis, prognosis, therapeutic decision, and follow-up of patients. Also, its massive parallel sequencing capacity offers new opportunities for personalized or precision medicine. The automation of library preparation can increase efficiency and generate consistent results. The purpose of bringing automation to NGS is to generate more precise results and increase lab efficiency. NGS automation helps in maintaining turnaround times and expanding sample workload.
The growth of the Asia-Pacific NGS automation market is driven by the growing demand for NGS technology in clinical & research applications, the rising incidence of cancer, and increasing pharmaceutical R&D investments and healthcare expenditures. However, the high costs of automation workstations restrain the market's growth.
The increasing application of NGS in genetic disease testing and government initiatives aimed at boosting the adoption of advanced technologies are expected to create market growth opportunities. However, regulatory & standardization concerns related to diagnostic testing and the need to train personnel on the use of NGS automation software are major challenges for market growth.
Click here to: Get Free Sample Pages of this Report
Cancer is universally recognized as one of the most complex and costly diseases worldwide. It stands as a prominent cause of death and a significant barrier to improving life expectancy across many nations. The incidence of cancer is on the rise in the Asia-Pacific region. According to Johnson & Johnson (U.S.), Asia-Pacific accounts for approximately 50% of the world’s new cancer cases each year. Mortality due to cancer in the Asia-Pacific is projected to increase by 36% by 2030. Furthermore, the Asia-Pacific region has the highest incidence rates of stomach and liver cancers, with prostate cancer emerging as one of the leading cancers among males in certain Asian countries.
With the rising incidence of cancer, the significance of precision or personalized medicine in oncology has grown substantially, driving the need for researchers to develop effective therapies. Precision medicine plays a crucial role in tailoring treatments for specific tumors, aiding in the determination of more effective tests and treatments. It is often applied to individuals with certain cancers or those at a heightened risk of developing specific cancers. In cancer treatment, precision medicine leverages both the unique genetic makeup of individual patients and genetic information from their tumors to identify and prescribe an appropriate and effective treatment regimen. This trend is expected to drive demand for NGS services, consequently boosting throughput in laboratories.
The increased throughput in labs is expected to boost the demand for automation to increase efficiency and generate consistent and reproducible results. Thus, the rising incidence of cancer and increasing efforts to develop targeted treatment approaches are expected to drive the growth of the NGS automation market during the forecast period.
NGS technology has revolutionized the field of genetic disease diagnostics with rapid, high-throughput, and cost-effective approaches. NGS can simultaneously analyze hundreds of genes, the whole exome, and even the whole genome, enabling researchers to gain a deeper understanding of the genetic heterogeneity of rare diseases.
NGS technologies have revolutionized the understanding of unknown species and complex diseases. Recently, the technology has garnered significant attention for diagnosing infectious diseases, immunological disorders, and hereditary conditions. It is also extensively utilized for non-invasive prenatal diagnosis and guiding therapeutic decisions for somatic cancers. The increasing incidence of genetic diseases in the region presents significant market growth opportunities. For instance, according to the Press Information Bureau (India), approximately 10 to 15 thousand newborns are born with Thalassemia in India every year.
NGS holds immense potential to revolutionize cancer diagnosis and care. Leveraging NGS technology enables simultaneous screening of various genomic aberrations, including common and rare variants, structural variations (such as insertions and deletions), copy-number variations, and fusion transcripts. Additionally, Genome-Wide Association Studies (GWAS) facilitate the identification of pathogenically relevant variations and the detection of common variants with minor effects in complex diseases like cancer. The expanding applications of NGS technology are anticipated to offer growth opportunities for players operating in this market.
Based on product, the Asia-Pacific NGS automation market is segmented into workstations/robotic platforms and reagents & consumables. In 2024, the workstations/robotic platforms segment is expected to account for the largest share of the market. The large market share of this segment is attributed to factors such as the high demand for NGS automation among pharmaceutical and biotechnology companies for drug discovery purposes, the increasing utilization of robotic platforms for precise transfer of liquid volumes, coupled with their higher price point, and the enhanced workflow facilitated by minimizing manual interaction with reagents and samples, thereby reducing the risk of contamination.
Based on sequencing type, the Asia-Pacific NGS automation market is segmented into whole genome sequencing, whole exome sequencing, targeted genome sequencing, and other sequencing types. The whole genome sequencing segment is expected to register the highest CAGR during the forecast period. This growth can be attributed to several factors, including the increasing demand for automation in whole genome sequencing to reduce per-sample costs, the expanding applications of whole genome sequencing in identifying inherited disorders and characterizing mutations driving cancer progression, and the tracking of disease outbreaks. Additionally, the rise in whole genome sequencing-based research projects further supports market growth. For instance, in October 2022, BGI Genomics (China), Ruijin Hospital (China), and Shanghai Jiao Tong University Institute of Translational Medicine (China) utilized the DNBSEQ sequencing platform for analyzing non-human genetic sequences in the whole genome sequencing (WGS) data of 10,585 individuals from the China Metabolic Analysis Program (ChinaMAP), thereby constructing the first blood virological profile of the Chinese population.
Based on application, the Asia-Pacific NGS automation market is segmented into drug discovery, clinical diagnostics (oncology, infectious diseases, reproductive health, and other clinical diagnostics), and other applications. In 2024, the drug discovery segment is expected to account for the largest share of the market. NGS plays a crucial role in identifying novel drug targets and developing therapeutic techniques that target specific genes and proteins, including targeted therapies, gene therapies, and oligonucleotide therapies. The growing demand for targeted and gene therapies contributes to the large market share of this segment. Moreover, the gradually increasing number of drug approvals, driven by the need for novel drug therapies, further contributes to the segment’s growth. For instance, according to CDSCO, 27 drugs were approved in India in 2023, compared to 25 drugs approved in 2021.
Based on end user, the Asia-Pacific NGS automation market is segmented into hospitals & diagnostic laboratories, pharmaceutical & biotechnology companies, academic & research institutes, and other end users. The hospitals & diagnostic laboratories segment is expected to register the highest CAGR during the forecast period. This growth can be attributed to several factors, including the rising number of hospitalizations for various diseases necessitating diagnosis, the proliferation of hospitals and clinics in the region, and the rising awareness regarding genetic testing, which drives the utilization of diagnostic products.
In 2024, Japan is expected to account for the largest share of the Asia-Pacific NGS automation market. Japan’s major market share can be attributed to several factors, including the country’s high geriatric population, the increasing incidence of cancer, and the significant focus on genomic research. The rising cancer incidence drives the demand for NGS automation products in personalized medicine research. Moreover, various institutions such as the National Cancer Center, universities, and hospitals have initiated NGS-based clinical testing for cancer patients in Japan, further driving the adoption of NGS automation products.
The report offers a competitive landscape based on an extensive assessment of the offerings, geographic presence, and key strategic developments implemented by top market players over the past few years. The key players operating in the Asia-Pacific NGS automation market are Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Eppendorf AG (Germany), Hamilton Company (U.S.), PerkinElmer, Inc. (U.S.), Tecan Group Ltd. (Switzerland), PrimaDiag SAS (France), BRAND GMBH + CO KG (Germany), Hudson Robotics (U.S.), SPT Labtech (U.K.), Thermo Fisher Scientific, Inc. (U.S.), and F. Hoffmann-La Roche Ltd. (Switzerland).
Particulars |
Details |
Number of Pages |
~200 |
Format |
|
Forecast Period |
2024-2031 |
Base Year |
2023 |
CAGR |
16.3% |
Estimated Market Size (Value) |
$371 million by 2031 |
Segments Covered |
By Product
By Sequencing Type
By Application
By End User
|
Countries Covered |
Japan, China, India, South Korea, Australia, Thailand, Singapore, Indonesia and Rest of Asia-Pacific |
Key Companies |
The key players operating in the Asia-Pacific NGS automation market are Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Eppendorf AG (Germany), Hamilton Company (U.S.), PerkinElmer, Inc. (U.S.), Tecan Group Ltd. (Switzerland), PrimaDiag SAS (France), BRAND GMBH + CO KG (Germany), Hudson Robotics (U.S.), SPT Labtech (U.K.), Thermo Fisher Scientific, Inc. (U.S.), and F. Hoffmann-La Roche Ltd. (Switzerland). |
The Asia-Pacific NGS automation market covers the qualitative and quantitative assessment of different products, applications, and end users. This report involves the analysis of various segments of the Asia-Pacific NGS automation market at the regional and country levels.
The Asia-Pacific NGS automation market is projected to reach $371 million by 2031 at a CAGR of 16.3% from 2024 to 2031.
The workstations/robotic platforms segment is estimated to account for the largest share of the Asia-Pacific NGS automation market in 2024. The large market share of this segment is attributed to factors such as the high demand for NGS automation among pharmaceutical and biotechnology companies for drug discovery purposes, the increasing utilization of robotic platforms for precise transfer of liquid volumes, coupled with their higher price point, and the enhanced workflow facilitated by minimizing manual interaction with reagents and samples, thereby reducing the risk of contamination.
Based on application, the drug discovery segment is projected to create more traction during the forecast period due to the increasing use of NGS automation in laboratories to develop therapeutic techniques that target specific genes and proteins, including targeted therapies, gene therapies, and oligonucleotide therapies.
The growth of the Asia-Pacific NGS automation market is driven by the growing demand for NGS technology in clinical & research applications, the rising incidence of cancer, and increasing pharmaceutical R&D investments and healthcare expenditures.
Furthermore, the increasing application of NGS in genetic disease testing and government initiatives aimed at boosting the adoption of advanced technologies are expected to create market growth opportunities.
The key players operating in the Asia-Pacific NGS automation market are Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Eppendorf AG (Germany), Hamilton Company (U.S.), PerkinElmer, Inc. (U.S.), Tecan Group Ltd. (Switzerland), PrimaDiag SAS (France), BRAND GMBH + CO KG (Germany), Hudson Robotics (U.S.), SPT Labtech (U.K.), Thermo Fisher Scientific, Inc. (U.S.), and F. Hoffmann-La Roche Ltd. (Switzerland).
China is expected to offer significant growth opportunities due to the increasing government focus on sequencing projects, the establishment of new healthcare facilities, the large population of patients with gene-associated disorders, and the increasing research activities aimed at developing personalized medicines.
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jul-2024
Please enter your corporate email id here to view sample report.
Subscribe to get the latest industry updates