Product Code: ETC6186216 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Australia Next Generation Sequencing NGS in Cancer Diagnostic Market is growing rapidly due to the increasing application of NGS in oncology. NGS technologies are being leveraged for comprehensive cancer profiling, allowing for the detection of genetic mutations, alterations, and biomarkers that can guide personalized treatment decisions. With a rising focus on early cancer detection and the shift toward precision medicine, NGS is becoming a pivotal tool in cancer diagnostics, leading to increased demand for NGS-based cancer testing solutions in Australia.
The application of NGS in cancer diagnostics is rapidly growing in Australia, as the technology allows for comprehensive genomic profiling of tumors, enabling more personalized and targeted treatment strategies. NGS can identify genetic mutations and variations that are associated with various cancers, providing valuable insights that traditional diagnostic methods cannot. As a result, NGS is being increasingly incorporated into clinical oncology practices. Despite the promising outlook, the market faces challenges such as the high costs of sequencing, regulatory hurdles, and the need for robust clinical validation to ensure the reliability of NGS-based cancer diagnostics.
In the context of cancer diagnostics, the adoption of NGS technologies faces challenges such as the high cost of diagnostic tests and the need for extensive validation to ensure clinical utility. While NGS has the potential to offer highly personalized and accurate cancer diagnoses, its use is still limited by regulatory approvals and reimbursement issues. Furthermore, the interpretation of complex genetic data for cancer diagnostics requires specialized knowledge, and the integration of NGS results into clinical decision-making processes can be slow due to the lack of standardized practices and guidelines.
The application of NGS in Cancer Diagnostics holds immense promise, making it an attractive investment opportunity. With cancer being one of the leading causes of death in Australia, the demand for next-generation diagnostic tools that enable early detection and personalized treatment plans is on the rise. Investments in this market can focus on the development of NGS-based diagnostic kits, as well as solutions that integrate NGS with artificial intelligence for improved clinical decision-making and outcomes.
The Australian government has prioritized healthcare innovation, particularly in the field of cancer diagnosis and treatment. Policies encouraging the use of Next Generation Sequencing (NGS) for cancer diagnostics include public funding for cancer research, particularly through the Cancer Australia initiative and the National Health and Medical Research Council (NHMRC). Australia has also established guidelines for genomic testing in oncology, promoting the adoption of NGS in clinical settings. Additionally, the government`s focus on precision medicine and personalized treatment plans supports the widespread use of NGS for cancer diagnostics.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market - Industry Life Cycle |
3.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market - Porter's Five Forces |
3.5 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume Share, By Cancer Type, 2021 & 2031F |
3.6 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume Share, By Product and Service, 2021 & 2031F |
3.7 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume Share, By Technologies, 2021 & 2031F |
3.8 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume Share, By Workflow, 2021 & 2031F |
3.9 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.11 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Trends |
6 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By Types |
6.1 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By Cancer Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Cancer Type, 2021- 2031F |
6.1.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Lung, 2021- 2031F |
6.1.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Breast, 2021- 2031F |
6.1.5 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Colorectal, 2021- 2031F |
6.1.6 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Prostrate, 2021- 2031F |
6.1.7 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Stomach, 2021- 2031F |
6.1.8 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Cervical, 2021- 2031F |
6.1.9 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Others, 2021- 2031F |
6.1.10 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By Product and Service |
6.2.1 Overview and Analysis |
6.2.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Kits, 2021- 2031F |
6.2.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Software and Services, 2021- 2031F |
6.2.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Instruments, 2021- 2031F |
6.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By Technologies |
6.3.1 Overview and Analysis |
6.3.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Panels/Targeted Sequencing and Resequencing, 2021- 2031F |
6.3.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Whole Exome Sequencing, 2021- 2031F |
6.3.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Whole Genome Sequencing, 2021- 2031F |
6.3.5 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By RNA Sequencing, 2021- 2031F |
6.3.6 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Other Sequencing Technologies, 2021- 2031F |
6.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By Workflow |
6.4.1 Overview and Analysis |
6.4.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By NGS Sequencing, 2021- 2031F |
6.4.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By NGS Data Analysis, 2021- 2031F |
6.4.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By NGS Pre-Sequencing, 2021- 2031F |
6.5 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Screening, 2021- 2031F |
6.5.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Companion Diagnostics, 2021- 2031F |
6.5.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Others, 2021- 2031F |
6.6 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By End User |
6.6.1 Overview and Analysis |
6.6.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Pathology Labs, 2021- 2031F |
6.6.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.6.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Oncology Centers, 2021- 2031F |
6.6.5 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Others, 2021- 2031F |
6.7 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market, By Distribution Channel |
6.7.1 Overview and Analysis |
6.7.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Direct Tender, 2021- 2031F |
6.7.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenues & Volume, By Retail Sales, 2021- 2031F |
7 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Import-Export Trade Statistics |
7.1 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Export to Major Countries |
7.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Imports from Major Countries |
8 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Key Performance Indicators |
9 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market - Opportunity Assessment |
9.1 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Opportunity Assessment, By Cancer Type, 2021 & 2031F |
9.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Opportunity Assessment, By Product and Service, 2021 & 2031F |
9.3 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Opportunity Assessment, By Technologies, 2021 & 2031F |
9.4 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Opportunity Assessment, By Workflow, 2021 & 2031F |
9.5 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Opportunity Assessment, By End User, 2021 & 2031F |
9.7 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market - Competitive Landscape |
10.1 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Revenue Share, By Companies, 2024 |
10.2 Australia Next Generation Sequencing (NGS) in Cancer Diagnostic Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |