Denmark Next-generation Sequencing Data Analysis Market Size & Outlook
Denmark next-generation sequencing data analysis market, 2018-2030 (US$M)
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Denmark next-generation sequencing data analysis market highlights
- The Denmark next-generation sequencing data analysis market generated a revenue of USD 18.2 million in 2023 and is expected to reach USD 69.9 million by 2030.
- The Denmark market is expected to grow at a CAGR of 21.2% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product in 2023.
- 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 2023 | USD 18.2 million |
| Market revenue in 2030 | USD 69.9 million |
| Growth rate | 21.2% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, Denmark accounted for 1.7% of the global next-generation sequencing data analysis market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany next-generation sequencing data analysis market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 429.6 million by 2030.
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Next-generation Sequencing Data Analysis Market Scope
Next-generation Sequencing Data Analysis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Denmark 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 54.4% in 2023. Horizon Databook has segmented the Denmark next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.
Denmark has a Danish National Genome Center that enables genetic testing of at least 60,000 patients as part of providing more personalized treatment. The Danish initiative aims to deliver personalized medicine & genetic analyses directly to patients and provide precise diagnosis & treatment.
Young people and children with rare diseases are the first to benefit from Danish Genome Center. In April 2022, the Danish National Genome Center entered into a partnership with Lifebit, which aims at delivering personalized medicine in the country. These factors are anticipated to create a strong demand for NGS applications, fueling market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Denmark next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into Denmark next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Denmark next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)
Denmark Next-generation Sequencing Data Analysis Market Outlook Share, 2023 & 2030 (US$M)
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