Spain Next-generation Sequencing Data Analysis Market Size & Outlook
Spain next-generation sequencing data analysis market, 2018-2030 (US$M)
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Spain next-generation sequencing data analysis market highlights
- The Spain next-generation sequencing data analysis market generated a revenue of USD 23.4 million in 2023 and is expected to reach USD 81.0 million by 2030.
- The Spain market is expected to grow at a CAGR of 19.5% 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 23.4 million |
| Market revenue in 2030 | USD 81.0 million |
| Growth rate | 19.5% (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, Spain accounted for 2.2% 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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Spain 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 54.27% in 2023. Horizon Databook has segmented the Spain next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.
In Spain, several NGS manufacturers are undertaking strategic distribution agreements with local Spanish distributors to increase accessibility of their NGS products. For instance, in May 2019, Agendia, Inc. entered into a strategic agreement with Spain-based Imegen for distribution of its Mamma Print and Blue Print breast cancer genomic tests in Spain.
Furthermore, GESMD is one of the end users of data analysis tools for NGS in Spain. It uses the tools for data analysis, including Variant Studio (Illumina), DNA nexus (DNA nexus, Santa Clara, CA, U.S.), Mi Seq Reporter (Illumina), Mi Seq Reporter (Illumina), Mi Seq Reporter (Illumina), and Sophia DDM (Sophia Genetics, Lausanne, Vaud, Switzerland).
Similarly, market players are innovating new solutions for end users in order to maintain their positions through product differentiation. For instance, in June 2021, BioBam introduced Omics Box 2.0 in the Spanish market as a bioinformatics solution. It is a data analysis platform for researchers to access biological information from NGS data.
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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 Spain next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into Spain next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)
Spain Next-generation Sequencing Data Analysis Market Outlook Share, 2023 & 2030 (US$M)
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