Genomics and Next-generation sequencing is a nascent and fast-growing technology globally with immense application in personalized healthcare, preventive diagnostics, and many such fields. NGS is reshaping industries offering a unique blend of scientific discovery and business potential.

This edition of the 1Lattice newsletter explores the dynamic developing landscape of the genomics market in India, attractive opportunities, analysis of the current infrastructural capabilities, and competitive profiling.

1Lattice market segmentation helps genomics and NGS companies understand the overall market landscape and the presence of various players in each segment. It uncovers gaps in the markets and helps identify niche opportunities and target audiences that can be better explored.

In the case of the NGS market, the products market is dominated by global players whereas Indian players focus primarily on services. The presence of players in certain segments provides cues on the attractiveness of those specific segments.

The attractiveness of the market can be studied by comparing the current size of the market and the potential for growth projected. At Lattice, growth projections are made after thoroughly analyzing the drivers and barriers in the market and seconded with in-depth interviews of subject matter experts and other industry stakeholders.

Sharing a snapshot below.

Understanding the existing infrastructure and capabilities of India is critical for NGS players before taking up strategic decisions on logistics, supply chains, and investments. 

A data-driven approach to understanding the market, competitors, user preference, and several other benchmarking parameters helps NGS companies and investors make informed decisions. A study backed by qualitative interviews with the users and stakeholders analyses pain points and user behaviors revealing underlying trends in the market. 

The above snapshot is an illustrative output.

Assessment of the current stage of a product in its life cycle helps uncover expectations and understand the market viability of nascent technologies such as next-generation sequencing and genomics. Techniques to predict the time to maturity of a concept help identify ideal entry points into the market and be early adopters of technologies.

There have been some significant investments and M&A in recent years in the genomics and NGS space in India. 1Lattice has access to global and local data repositories that make us the preferred partners to understand the competitive landscape, identify market trends, and market risk assessment.

The above snapshot highlights Indian investments and acquisitions in the Genome market.

The above snapshot is indicative of our global investments and acquisitions in the genome market.

1Lattice study on key growth drivers and barriers in the next-generation sequencing sector helps companies make informed decision-making processes, enabling effective planning, targeted product development, optimal market positioning, and understanding customer needs and challenges. Overall, this comprehensive analysis empowers companies to navigate the complexities of the NGS market with strategic initiatives.

The above snapshot highlights the growth drivers and barriers of Next-Generation Sequencing.