Canada Next-generation Sequencing Data Analysis Market Size & Outlook
Canada next-generation sequencing data analysis market, 2018-2030 (US$M)
Related Markets
Canada next-generation sequencing data analysis market highlights
- The Canada next-generation sequencing data analysis market generated a revenue of USD 32.6 million in 2024 and is expected to reach USD 98.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 20.3% from 2025 to 2030.
- In terms of segment, services was the largest revenue generating product in 2024.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Next-generation sequencing data analysis market data book summary
| Market revenue in 2024 | USD 32.6 million |
| Market revenue in 2030 | USD 98.7 million |
| Growth rate | 20.3% (CAGR from 2024 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, NGS Commercial Software |
| Key market players worldwide | Bio-Rad Laboratories Inc, DNAnexus, Qiagen NV, DNAstar, Pacific Biosciences of California Inc, Eurofins Scientific SE, Illumina Inc, PierianDx, Agilent Technologies Inc, Roche Holding AG, Alphabet Inc Class A, Thermo Fisher Scientific Inc, Golden Helix, Scigenom Labs, Genuity Science, Fabric Genomics (formerly Omicia), Congenica, Precigen |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global next-generation sequencing data analysis market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. next-generation sequencing data analysis market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,593.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Next-generation Sequencing Data Analysis Market Scope
Next-generation Sequencing Data Analysis Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada next-generation sequencing data analysis market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to next-generation sequencing data analysis market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 53.99% in 2024. Horizon Databook has segmented the Canada next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.
Canada NGS data analysis market is expected to grow at a significant rate with a number of provincial and national initiatives undertaken for NGS-based research. For instance, Exactis Innovation, a nonprofit, pan-Canadian organization, offers accelerated access to clinical trials for personalized medicine, especially for cancer.
The Personalize My Treatment program of Exactis focuses on the selection of patients suitable for clinical trials based on sequencing studies. Such initiatives drive the demand for NGS-based software in these clinical trials in Canada. Furthermore, several initiatives are being undertaken by key players, such as Qiagen, Illumina, Roche, and Thermo Fisher Scientific, Inc., present in the country.
Government agencies are also involved in such activities to broaden the landscape of NGS technologies in Canada, which further drives market growth. For instance, in July 2019, the Ontario Institute for Cancer Research, Genome Canada, and Thermo Fisher Scientific, Inc. collaborated for the development of a complete solution of targeted NGS assays & analysis software.
Reasons to subscribe to Canada next-generation sequencing data analysis market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada next-generation sequencing data analysis market databook
-
Our clientele includes a mix of next-generation sequencing data analysis market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into Canada next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)
Canada Next-generation Sequencing Data Analysis Market Outlook Share, 2024 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
