FactMR has published a new research report titled “NGS Data Analysis Market Indicates Notable CAGR growth at (15.0%) until 2017-2026” to its online database that tries to unveil the various scenarios prevailing in the NGS data analysis market. This assessment delivers a smart compilation of primary and secondary data which provides a clear insight about the future plans expected to impact the NGS Data Analysis Market. This study comprises of prominent data which makes it a beneficial source for investors, analysts and industry experts to acquire necessary knowledge associated to the fundamental market trends, opportunities and growth drivers during 2017-2026. A new report of FactMR envisages the global market for NGS data analysis to record a spectacular growth during the forecast period (2017-2026). Approximately US$ 280 Mn revenues are estimated to be generated by sales of NGS data analysis solutions worldwide by 2026-end.
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Continual advancements in data integration & cloud computing solutions have effectively helped in addressing the data-handling bottlenecks, which involves analyzing large high-throughput sequence data. Such technological advancements in the field of bioinformatics are anticipated to offer promising avenues for this vertical, in turn driving demand for NGS data analysis in the foreseeable future.
There has been a rise in demand for rapid and accurate sequence interpretation tools and algorithms for expediting data analysis, with the emergence of NGS solutions along with their surging employment in genomics research, personalized treatment of various ailments, and clinical diagnosis. Additionally, scope of sequencing projects is set to expand on the back of concurrent fall in cost of sequencing and high genetic data output, which in turn will fuel demand for elaborate bioinformatics pipeline incorporating efficient and sophisticated solutions. Narrowing the difference between sequence processing and generation, the trend of substituting local computing software with the cloud-based computing databases is being increasingly employed by researchers in the healthcare sector. Existing challenges concerning biological interpretation of output genomic data will direct research efforts toward the development of precise healthcare data analytical tools, thereby driving the market growth in the near future.
However, infrastructural investments required for the development of algorithms & software will keep the market growth in check. NGS data analysis solutions have been deemed time consuming, and have been witnessing a confined adoption since the recent past. Commercial service providers have lucrative opportunities in the design and development of novel solutions to offer faster turnaround times.
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North America is home to several well-established organizations of NGS data analysis. A significant number of NGS research projects are being carried out in Canadian universities, which in turn has resulted into huge demand for NGS data analysis, thereby affecting the revenue growth in the region. North America is set to remain the fastest-expanding and largest market for NGS data analysis. Asia-Pacific excluding Japan will also record an impressive expansion in the market through 2026, mainly driven by rising number of research grants related to sequencing projects in its developing nations such as China and India. Incorporation of high-throughput screening encouraged by positive research & development outcomes in the region will further drive the market growth in APEJ.
Of all end-users in the global NGS data analysis market, academic research institutes are projected to account for the largest market revenue share during 2017 to 2026. Dominance of academic research institutes in the market can be attributed to robust utilization of high-throughput sequencing in university-based and academic research projects.
Competition Tracking
Major companies providing the NGS data analysis solutions have been undertaking strategic collaborations & partnerships, in a bid to increase their existing product portfolios, meanwhile maintaining a competitive edge in the market. These collaborations & partnerships are primarily focused at developing feasible infrastructure solutions for enabling researchers in performing a population-scale genomic analysis. Key market participants supporting growth of the global NGS data analysis market include ABM, Inc., Agilent Technologies, Biomatters, Ltd, DNAnexus, Dovetail Genomics, LLC, Edge Biosystems, Genestack, Illumina, and Roche.
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FactMR has published a new research report titled “NGS Data Analysis Market: Key Insights and Opportunities Expected Up to 2028” to its online database that tries to unveil the various scenarios prevailing in the NGS data analysis market.
Request for Sample Report - https://www.factmr.com/connectus/sample?flag=S_id=505Continual advancements in data integration & cloud computing solutions have effectively helped in addressing the data-handling bottlenecks, which involves analyzing large high-throughput sequence data.
Such technological advancements in the field of bioinformatics are anticipated to offer promising avenues for this vertical, in turn driving demand for NGS data analysis in the foreseeable future.There has been a rise in demand for rapid and accurate sequence interpretation tools and algorithms for expediting data analysis, with the emergence of NGS solutions along with their surging employment in genomics research, personalized treatment of various ailments, and clinical diagnosis.
Additionally, scope of sequencing projects is set to expand on the back of concurrent fall in cost of sequencing and high genetic data output, which in turn will fuel demand for elaborate bioinformatics pipeline incorporating efficient and sophisticated solutions.
Narrowing the difference between sequence processing and generation, the trend of substituting local computing software with the cloud-based computing databases is being increasingly employed by researchers in the healthcare sector.
Existing challenges concerning biological interpretation of output genomic data will direct research efforts toward the development of precise healthcare data analytical tools, thereby driving the market growth in the near future.However, infrastructural investments required for the development of algorithms & software will keep the market growth in check.
The global car rental market grew at a CAGR of around 8% during 2014-2019.
Looking forward, IMARC Group expects the global market has huge potential for growth during 2020-2025.
Car rental is the facility of renting vehicles temporarily for a predefined period through online or offline channels.
Car rental services are primarily focused on serving travelers and individuals who do not own private automobiles.
Car rental is a cost-effective alternative to owning a vehicle as it offers low-cost traveling, freedom of movement, and reduced fuel consumption on individual vehicles.
Several car rental service providers also offer various other services, such as car damage repair, insurance compensation policies, entertainment systems, GPS and Wi-Fi networks, for an enhanced consumer experience.The rising urban population, coupled with significant expansion of the travel and tourism industry across the globe, are primarily driving the car rental market growth.
Internet of Things or IoT is a buzzword in the corporate sector. The age of connected devices and mobility has started exerting its influence as entrepreneurs tend to jump on the IoT app bandwagon. However, a few entrepreneurs still wonder whether the hype around IoT is worth or whether the IoT technology can offer measurable business value. Here in this blog, we will shed light on how customized IoT solution can help your business prosper.
One thing is for sure. Though the IoT concept is still in the nascent stage, it has shown a glimpse of the immense potential for the modern business. This emerging technology is capable of creating constant value while offering complete control to the users. It is interesting to know how the enterprise IoT solution can unleash the opportunities for your business. But before that, let’s make a quick list of major challenges your business faces in today’s competitive scenario.
Crucial Challenges Your Business Faces
Technological advancements are focused primarily on solving the following business challenges:
> Security of Data
> Device Management and Control
> Integration and Management
> Scalability and Productivity
Concurrent programming is a computer programming technique that provides for the execution of operations concurrently?—?either within a single computer, or across a number of systems.
In the latter case, the term distributed computing is used.
It is actually a family of Actor-Based Concurrent Languages, which was developed in Japan during the 1980s and the 1990s.
It is a multi-threaded functional programming language.
Per Brinch Hansen, a Danish-American computer scientist created Concurrent Pascal for writing operating systems and programming real-time systems.
It is an object-oriented programming language that supports distributed programming.
A detailed study by Fact.MR on the Geriatric Medicines market provides an in-depth evaluation of various growth drivers, trends, and opportunities, the prevailing regulatory landscape in various regions, and the competitive scenario amidst the COVID-19 pandemic.
Based on the abovementioned trends, the global geriatric medicines market is anticipated to expand positively at a CAGR of 6.0% during the forecast period (2020-2026).
The report provides insight into the major drivers and key restraining factors, emerging trends, and sources of new revenue streams over the assessment period.
It provides a detailed scenario of the existing demand and consumption patterns of various key product types.
It also takes a closer look atHospital PharmaciesRetail PharmaciesOnline PharmaciesThe study on the Geriatric Medicines market provides a detailed profile of offerings by key players, their key strategies, recent mergers and acquisitions, and major collaboration deals.
The in-depth assessment of various growth dynamics of the Geriatric Medicines market and insights on market estimations help all market participants to stay ahead in the curve of growth with a worldwide economic impact of COVID-19.
