UK Next-generation Sequencing Data Analysis Market Size & Outlook
UK next-generation sequencing data analysis market, 2018-2030 (US$M)
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UK next-generation sequencing data analysis market highlights
- The UK next-generation sequencing data analysis market generated a revenue of USD 86.5 million in 2023 and is expected to reach USD 403.7 million by 2030.
- The UK market is expected to grow at a CAGR of 24.6% 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 86.5 million |
| Market revenue in 2030 | USD 403.7 million |
| Growth rate | 24.6% (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, UK accounted for 8.0% 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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UK 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 54.22% in 2023. Horizon Databook has segmented the UK next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.
A number of training courses and workshops conducted on NGS data analysis and technologies in the UK drive revenue in this market. The European Bioinformatics Institute or EMBL-EBI is part of the European Molecular Biology Laboratory that is engaged in helping researchers and scientists realize the potential of “big data” in biology concepts through training & workshop programs.
In March 2019, the UK government provided funds of USD 59.7 million for capacity expansion at EMBL-EBI. EMBL-EBI provides data and bioinformatics services to the scientific community as well as focuses on providing advanced bioinformatics training to scientists at all levels.
Similarly, Well come Genome Campus provides courses and conferences based on biomedicine. This UK-based organization is expected to host a virtual course on hands-on training in the latest NGS systems along with data analysis in September 2020.
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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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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 UK next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into UK next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)
UK Next-generation Sequencing Data Analysis Market Outlook Share, 2023 & 2030 (US$M)
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