Product Code: ETC8846309 | Publication Date: Sep 2024 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The demand for NGS services in the Philippines is increasing due to the need for cost-effective and comprehensive genetic analysis. Academic institutions, biotech companies, and hospitals are outsourcing sequencing services to specialized providers to improve research and diagnostic outcomes. Factors such as decreasing sequencing costs, enhanced bioinformatics tools, and collaborations between healthcare organizations are expected to fuel market growth.
The growing need for cost-effective and scalable sequencing solutions is driving the NGS services market in the Philippines. The expansion of contract research organizations (CROs), academic research institutions, and healthcare facilities offering sequencing services is increasing accessibility. Additionally, cloud-based data storage solutions and AI-driven genomic analysis tools are enhancing the efficiency and accuracy of NGS services.
The NGS services market in the Philippines faces issues related to limited local providers, high service costs, and a lack of awareness among healthcare professionals. Most sequencing services are outsourced to international providers due to the lack of advanced local sequencing centers. This dependence increases turnaround time and costs, making NGS services unaffordable for many researchers and healthcare institutions. Furthermore, there is a low level of awareness and training among medical professionals regarding the benefits and applications of NGS technology in diagnostics and research.
The rise of precision medicine and genomic research in the Philippines is creating a lucrative market for NGS services. Investment opportunities exist in genomic sequencing facilities, bioinformatics platforms, and contract research organizations (CROs) specializing in DNA and RNA analysis. The growing number of biotech startups, coupled with partnerships between healthcare institutions and global sequencing firms, is further fueling market expansion.
The NGS services market in the Philippines is being shaped by government policies promoting precision medicine and advanced disease diagnostics. Funding for national genome sequencing projects and collaborations with international healthcare institutions are expanding access to sequencing services. Additionally, regulations are ensuring compliance with ethical standards and data security in genetic research.
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 Philippines NGS Services Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines NGS Services Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines NGS Services Market - Industry Life Cycle |
3.4 Philippines NGS Services Market - Porter's Five Forces |
3.5 Philippines NGS Services Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Philippines NGS Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines NGS Services Market Revenues & Volume Share, By Disease Type, 2021 & 2031F |
3.8 Philippines NGS Services Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Philippines NGS Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines NGS Services Market Trends |
6 Philippines NGS Services Market, By Types |
6.1 Philippines NGS Services Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Philippines NGS Services Market Revenues & Volume, By Technology, 2021- 2031F |
6.1.3 Philippines NGS Services Market Revenues & Volume, By SBS, 2021- 2031F |
6.1.4 Philippines NGS Services Market Revenues & Volume, By Ion Semiconductor, 2021- 2031F |
6.1.5 Philippines NGS Services Market Revenues & Volume, By SBL, 2021- 2031F |
6.1.6 Philippines NGS Services Market Revenues & Volume, By Pyro-Sequencing, 2021- 2031F |
6.1.7 Philippines NGS Services Market Revenues & Volume, By SMRT, 2021- 2031F |
6.2 Philippines NGS Services Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines NGS Services Market Revenues & Volume, By Research applications, 2021- 2031F |
6.2.3 Philippines NGS Services Market Revenues & Volume, By Clinical applications, 2021- 2031F |
6.2.4 Philippines NGS Services Market Revenues & Volume, By Sequencing, 2021- 2031F |
6.2.5 Philippines NGS Services Market Revenues & Volume, By RNA-sequencing, 2021- 2031F |
6.2.6 Philippines NGS Services Market Revenues & Volume, By Targeted sequencing, 2021- 2031F |
6.2.7 Philippines NGS Services Market Revenues & Volume, By Exome sequencing, 2021- 2031F |
6.2.8 Philippines NGS Services Market Revenues & Volume, By Other, 2021- 2031F |
6.2.9 Philippines NGS Services Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Philippines NGS Services Market, By Disease Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines NGS Services Market Revenues & Volume, By Oncology, 2021- 2031F |
6.3.3 Philippines NGS Services Market Revenues & Volume, By Lung cancer, 2021- 2031F |
6.3.4 Philippines NGS Services Market Revenues & Volume, By Breast cancer, 2021- 2031F |
6.3.5 Philippines NGS Services Market Revenues & Volume, By Prostate cancer, 2021- 2031F |
6.3.6 Philippines NGS Services Market Revenues & Volume, By Colorectal cancer, 2021- 2031F |
6.3.7 Philippines NGS Services Market Revenues & Volume, By Other, 2021- 2031F |
6.4 Philippines NGS Services Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Philippines NGS Services Market Revenues & Volume, By Research centres, academic & government institutes, 2021- 2031F |
6.4.3 Philippines NGS Services Market Revenues & Volume, By Hospitals & clinics, 2021- 2031F |
6.4.4 Philippines NGS Services Market Revenues & Volume, By Pharmaceutical & biotechnology companies, 2021- 2031F |
6.4.5 Philippines NGS Services Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines NGS Services Market Import-Export Trade Statistics |
7.1 Philippines NGS Services Market Export to Major Countries |
7.2 Philippines NGS Services Market Imports from Major Countries |
8 Philippines NGS Services Market Key Performance Indicators |
9 Philippines NGS Services Market - Opportunity Assessment |
9.1 Philippines NGS Services Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Philippines NGS Services Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines NGS Services Market Opportunity Assessment, By Disease Type, 2021 & 2031F |
9.4 Philippines NGS Services Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Philippines NGS Services Market - Competitive Landscape |
10.1 Philippines NGS Services Market Revenue Share, By Companies, 2024 |
10.2 Philippines NGS Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |