Mexico Next-generation Sequencing Data Analysis Market Size & Outlook
Mexico next-generation sequencing data analysis market, 2018-2030 (US$M)
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Mexico next-generation sequencing data analysis market highlights
- The Mexico next-generation sequencing data analysis market generated a revenue of USD 8.0 million in 2023 and is expected to reach USD 25.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 18% 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 8.0 million |
| Market revenue in 2030 | USD 25.7 million |
| Growth rate | 18% (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, Mexico accounted for 0.7% 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 Latin America, Brazil next-generation sequencing data analysis market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 52.6 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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Mexico 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 53.75% in 2023. Horizon Databook has segmented the Mexico next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.
Growth of Mexico NGS data analysis market can majorly be attributed to the rising prevalence of cancer, growing business activities of international market players, and rising acceptance of genetic technologies in the country.
NGS is emerging as a valuable method for obtaining enhanced cancer diagnosis & treatment. Growing prevalence of cancer is likely to increase adoption of NSG platforms for its diagnosis, which is likely to boost growth of Mexico NGS data analysis market during the forecast period.
Furthermore, in September 2021, Illumina, Inc. expanded its business in Mexico. The company announced commencement of its new facility, México Productos de Biotecnología, with an aim to consolidate offerings of genome technologies in the country. Such advancements are also expected to positively impact market growth.
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Our clientele includes a mix of next-generation sequencing data analysis market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into Mexico next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)
Mexico Next-generation Sequencing Data Analysis Market Outlook Share, 2023 & 2030 (US$M)
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