In Vitro Diagnostics (IVD) include reagents, instruments, and systems intended for use in the diagnosis of disease or other conditions, including the determination of the state of health, in order to treat or prevent disease. The reagents, instruments and systems are used in the collection, preparation, and examination of specimens taken from the human body. This includes Cardiac Disease, Hematological Disorders, Hormonal Disorders, Metabolic Disorder, Infectious Disease, IVD Analyzers, Oncology and Reproductive Health Diagnostics. Next Generation Sequencers are instruments used to determine the nucleotide sequence of DNA or RNA rapidly and efficiently. GlobalData uses proprietary data and analytics to provide a comprehensive report on the next generation sequencers market in Belgium. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the next generation sequencers market in Belgium was Illumina followed by Pacific Biosciences of California and Singular Genomics Systems.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
Next Generation Sequencers offer efficient throughput per sequencing, are capable of massively parallel processing and are instrumental in uncovering genetic variations, understanding complex diseases, and advancing research in areas such as cancer genomics, microbiology, and evolutionary biology. The Next Generation Sequencers track the essential equipment only, and not accessories and/or additional costs associated with next-generation sequencer installation. It includes High-throughput Next Generation Sequencers, Medium-throughput Next Generation Sequencers, and Low-throughput Next Generation Sequencers.
The next generation sequencers market in Belgium can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size next generation sequencers in Belgium, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
