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Middle East & Africa NGS Market by Offering (Kits [Library Prep, QC, DNA Extraction], System) Type (Genome, Exome, Targeted), Application (Reproductive, Oncology, Infectious, Drug Discovery), Technology (SBS, Nanopore, Nanoball, SMRT Seq) – Forecast to 2031
Report ID: MRHC - 1041103 Pages: 150 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 research and clinical applications such as disease diagnosis, prognosis, therapeutic decisions, follow-up of patients, drug discovery, biomarker research, and environmental testing. Also, its massive parallel sequencing capacity offers new opportunities for personalized or precision medicine.
The growth of the Middle East & Africa NGS market can be attributed to various factors, including the surge in genome sequencing programs, technological advancements in sequencing procedures, decreasing costs of genome sequencing, and a rise in cancer prevalence, and the expanding applications of NGS in cancer treatment and research. However, the high costs of NGS systems and consumables and the availability of alternative technologies restrain the market's growth.
The rising adoption of bioinformatics and genomic data management solutions, as well as collaborations and partnerships to support next-generation sequencing, are expected to create market growth opportunities. However, a lack of skilled professionals and a lack of standardization pose a significant challenge to the market's growth.
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With rapid advancements in NGS technology, various organizations & governments are actively undertaking initiatives for genomic sequencing projects. These initiatives aim to improve early disease diagnosis. Some of the initiatives are as follows:
According to The National (a local daily newspaper), in March 2023, the UAE President launched the National genome strategy. This launch aims to map the DNA of every citizen to provide personalized care to every citizen in the country.
Next Generation Sequencing (NGS) is a technology used to sequence the orientation of nucleotides in genetic material. This technology enables the sequencing of DNA or RNA more quickly and at a lower cost compared to Sanger sequencing. Continuous developments in NGS technology are revolutionizing the field of personalized medicine, genetic diseases, and clinical diagnostics by providing the capability to sequence multiple individuals with a variable genetic orientation simultaneously. Various organizations are focusing on partnerships, collaborations, and expansion to increase genetic testing and support next-generation sequencing. For instance:
Thus, increasing collaborations and partnerships among vendors are expected to accelerate the adoption of NGS technology in the Middle East & Africa.
Among the offerings, in 2024, the consumables segment is expected to account for the largest share of the Middle East & Africa NGS market. The increasing use of sequencing reagents and kits for diagnostic procedures has majorly attributed to the large share of this segment in the Middle East & Africa NGS market. Additionally, factors such as increasing genome mapping projects, rising preference for NGS-based diagnostic tests, and increasing awareness about the advantages of NGS for diagnostic and research purposes are supporting the growth of the segment.
Among sequencing types, in 2024, the targeted genome sequencing segment is expected to account for the largest share of the Middle East & Africa NGS market. Targeted genome sequencing significantly reduces the cost per sample over whole genome shotgun sequencing by enabling sequencing of only the desired regions of a genome. Furthermore, the early success of targeted sequencing methods has created a rapidly growing demand for targeted sequencing in areas such as cancer, human genetic disease, and the validation of genome-wide association studies. These factors have increased the adoption of targeted genome sequencing, contributing to the large market share of this segment.
Among the technologies, in 2024, the sequencing by synthesis segment is expected to account for the largest share of the Middle East & Africa NGS market. The large share of this segment is primarily attributed to the high accuracy of this technology in DNA sequencing, its highest yield of error-free throughput, and the increasing incorporation of this technology in NGS products.
Among the applications, in 2024, the research applications segment is expected to account for the largest share of the Middle East & Africa NGS market. The large market share of this segment is attributed to the rising adoption of sequencing-based tests in laboratories, growing research activities by pharmaceutical & biotechnology companies, increasing applications of NGS, growing demand for personalized medicines, and increasing availability of NGS instruments at lower costs are some of the major factors attributed to the large share of this segment in the NGS market.
Among the end users, in 2024, the pharmaceutical & biotechnology companies’ segment is expected to account for the largest share of the Middle East & Africa NGS market. The large market share of this segment is attributed to factors such as the increasing adoption of advanced technologies for research purposes, increasing research for drug discovery with widening NGS applications, and the rising incidence of chronic diseases. For instance, according to GLOBOCAN, in 2022, 5,526 people were diagnosed with cancer in the United Arab Emirates. This number is projected to reach 7,328 by 2030. Further, in 2022, 28,113 people were diagnosed with cancer in Saudi Arabia. This number is projected to reach 39,900 by 2030.
In 2024, Saudi Arabia is expected to account for the largest share of the Middle East & Africa NGS market. Saudi Arabia’s significant market share can be attributed to the growing adoption of NGS technology among healthcare professionals for the treatment of diseases and an increasing number of sequencing projects such as the Saudi Human Genome Programme, The Saudi Biobank, and Majeen.
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading market players over the past three to four years. The key players profiled in the Middle East & Africa NGS market report are Thermo Fisher Scientific Inc. (U.S.), Illumina, Inc. (U.S.), Qiagen N.V. (Netherlands), F. Hoffmann-La Roche Ltd (Switzerland), PerkinElmer, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), 10X Genomics, Inc. (U.S.), and Pacific Biosciences of California Inc. (U.S.).
Particulars |
Details |
Number of Pages |
~150 |
Format |
|
Forecast Period |
2024-2031 |
Base Year |
2023 |
CAGR |
11.1% |
Estimated Market Size (Value) |
$ 356.5 million by 2031 |
Segments Covered |
By Offering
By Sequencing Type
By Technology
By Application
By End User
|
Countries Covered |
Middle East & Africa (United Arab Emirates, Saudi Arabia, Egypt, South Africa, Qatar, and Rest of Middle East & Africa) |
Key Companies |
Thermo Fisher Scientific Inc. (U.S.), Illumina, Inc. (U.S.), Qiagen N.V. (Netherlands), F. Hoffmann-La Roche Ltd (Switzerland), PerkinElmer, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), 10X Genomics, Inc. (U.S.), and Pacific Biosciences of California Inc. (U.S.). |
This study offers a detailed assessment of the Middle East & Africa NGS market, including the market sizes and forecasts for various segmentations like offering, sequencing type, technology, application, and end user. This report also involves the value analysis of various segments and sub-segments of NGS at the country level.
The Middle East & Africa NGS market is projected to reach $356.5 million by 2031, at a CAGR of 11.1% during the forecast period.
Among the offerings, in 2024, the consumables segment is expected to account for the largest share of the Middle East & Africa market. The large market share of this segment is attributed to the recurring use of consumables, increasing genome mapping projects, rising preference for NGS-based diagnostic tests, and increasing awareness about the advantages of NGS for diagnostic and research purposes.
In 2024, the targeted genome sequencing segment is expected to account for the largest share of the Middle East & Africa NGS market. The large market share of this segment is attributed to its low sequencing costs compared to other sequencing technologies, increased sensitivity in variant calling, and advancements in targeted genome sequencing technologies.
The growth of the Middle East & Africa NGS market can be attributed to various factors, including the growth of the Middle East & Africa NGS market can be attributed to various factors, including the surge in genome sequencing programs, technological advancements in sequencing procedures, decreasing costs of genome sequencing, a rise in genetic diseases and cancer prevalence, and the expanding application of NGS in cancer treatment and research.
The rising adoption of bioinformatics and genomic data management solutions, as well as collaborations and partnerships to support next-generation sequencing, are expected to create market growth opportunities.
The key players profiled in the Middle East & Africa NGS market report are Thermo Fisher Scientific Inc. (U.S.), Illumina, Inc. (U.S.), Qiagen N.V. (Netherlands), F. Hoffmann-La Roche Ltd (Switzerland), PerkinElmer, Inc. (U.S.), Agilent Technologies, Inc. (U.S.), Danaher Corporation (U.S.), Bio-Rad Laboratories, Inc. (U.S.), Oxford Nanopore Technologies Plc. (U.K.), 10X Genomics, Inc. (U.S.), and Pacific Biosciences of California Inc. (U.S.).
Published Date: Jul-2024
Published Date: Jul-2024
Published Date: Jan-2024
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