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This story is available exclusively to Insider subscribers. Become an Insider and start reading now. 23andMe in February said it s going public in a deal that values the company at $3.5 billion. Despite 23andMe s success, the consumer genomics market has largely bottomed out, an analyst said. Others hoping to cash in on genetic health assessments have pivoted or shuttered efforts altogether. As consumer genetics giant 23andMe prepares to go public, the personal genetics market isn t what it once was. We ve kind of hit the bottom and we re stable right now, Evercore analyst Vijay Kumar told Insider. But that hasn t stopped competitors from building out niches in other areas. ....
expected to reach USD 1.72 billion by 2028 registering a CAGR of 15.02%, according to a new report by Grand View Research, Inc. Key drivers contributing to market expansion include the growing adoption of sequencing platforms for clinical diagnosis because of a significant reduction in the cost of installation. The easy availability of genomic and proteomic data is also expected to create lucrative growth opportunities in this market during the forecast period. Key suggestions from the report: Services dominated the products segment in 2020 and will retain the leading position growing at the fastest CAGR during the forecast period Although NGS is advantageous in terms of affordability and speed, many research entities are unable to adopt it owing to a lack of sufficient computational infrastructure and skilled professionals to analyze the generated information ....
Next-Generation Sequencing Data Analysis Market Size Worth $1.72 Billion By 2028: Grand View Research, Inc. prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Transnetyx, One Codex Build Strategic Partnership to Provide a Complete Microbiome Analysis Service for Both Mice and Humans News provided by Share this article Share this article MEMPHIS, Tenn., Jan. 27, 2021 /PRNewswire/ Transnetyx, Inc. announced today its collaboration with One Codex on an end-to-end microbiome sequencing and analysis service. This offering will be driven by Transnetyx s wide-reaching global footprint in the model organism community and One Codex s deep expertise in the microbiome. (PRNewsfoto/Transnetyx) Transnetyx, Inc. announced today its collaboration with One Codex on an end-to-end microbiome sequencing and analysis service. Together, Transnetyx and One Codex will provide comprehensive microbiome analysis from sample to results. The One Codex platform offers best-in-class analysis of microbial next generation sequencing (NGS) data, with the world s most accurate microbial genomics reference database. This partnership will p ....