Norway Next-generation Sequencing Data Analysis Market Size & Outlook
Norway next-generation sequencing data analysis market, 2018-2030 (US$M)
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Norway next-generation sequencing data analysis market highlights
- The Norway next-generation sequencing data analysis market generated a revenue of USD 9.7 million in 2023 and is expected to reach USD 34.2 million by 2030.
- The Norway market is expected to grow at a CAGR of 19.8% 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 9.7 million |
| Market revenue in 2030 | USD 34.2 million |
| Growth rate | 19.8% (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, Norway accounted for 0.9% 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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Norway 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 54.64% in 2023. Horizon Databook has segmented the Norway next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.
The Norwegian Sequencing Centre (NSC) is an institution established to make high-throughput sequencing capabilities available to the Norwegian research community. A number of organizations, including the University of Oslo, Health South-East, and the Norwegian Research Council, have been funding research in NGS.
Furthermore, in December 2021, Illumina, Inc. announced support for Norway's Precision Medicine Study. The study aims to evaluate the effectiveness of Comprehensive Genomic Profiling (CGP) based on blood samples for cancer therapy selection. Such initiatives are expected to drive the market in the country.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Norway next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into Norway next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)
Norway Next-generation Sequencing Data Analysis Market Outlook Share, 2023 & 2030 (US$M)
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