How big is the Global Next Generation Sequencing (NGS) Informatics market?
According to MarkNtel Advisors study, The Global Next Generation Sequencing (NGS) Informatics Market size is projected to grow at a CAGR of around 14.5% during the forecast period, i.e., 2024-30.
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Global Next Generation Sequencing (NGS) Informatics Market Driver:
Advancements in Genomic Research to Drive Growth in the Global Market – The growing emphasis on genomic research applications has emerged as a significant driver in shaping the Next Generation Sequencing (NGS) Informatics Market. This has driven the increasing interest and demand for advanced informatics solutions in several regions. Companies in the market are responding by making substantial R&D investments, resulting in innovative informatics technologies that enhance the capabilities of next-generation sequencing data analysis.
Furthermore, the expanding applications of genomics across diverse sectors, from healthcare to agriculture, underpin the market’s sustained growth, meeting the evolving demands of researchers and industries seeking genomic insights & innovations. Moreover, the development in genomic research is reshaping consumer preferences and driving innovation within the Next Generation Sequencing (NGS) Informatics Industry, positioning it for long-term expansion.
Leading Companies in the Global Next Generation Sequencing (NGS) Informatics market:
- Hoffmann-La Roche Ltd.
- Illumina Inc.
- Agilent Technologies Inc.
- Dnanexus Inc.
- Qiagen NV
- PerkinElmer Inc.
- IBM Corporation
- Eagle Genomics Ltd.
- Thermo Fischer Scientific Inc.
- Sapio Sciences
- Partek Incorporated
- DNASTAR Inc.
- Fabric Genomics Inc.
- BGI Genomics
- Sophia Genetics
- Others
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Global Next Generation Sequencing (NGS) Informatics Market Segmentation:
By Offering
- Software- Market Size & Forecast 2019-2030, USD Million
- Data Analysis Software- Market Size & Forecast 2019-2030, USD Million
- Data Interpretation & Reporting Tools- Market Size & Forecast 2019-2030, USD Million
- Data Storage & Computing Tools- Market Size & Forecast 2019-2030, USD Million
- Laboratory Information Management Systems (LIMS)- Market Size & Forecast 2019-2030, USD Million
- Others (Variant Annotation Software, Epigenomics Analysis Software, etc.) – Market Size & Forecast 2019-2030, USD Million
- NGS Informatics Services- Market Size & Forecast 2019-2030, USD Million
The Software segment in the Next Generation Sequencing (NGS) Informatics Market is experiencing significant & sustained expansion, with indications pointing towards its continued dominance across the industry.
By Application
- Biomarker Discovery- Market Size & Forecast 2019-2030, USD Million
- Precision Medicine- Market Size & Forecast 2019-2030, USD Million
- Diagnostics- Market Size & Forecast 2019-2030, USD Million
- Drug Discovery- Market Size & Forecast 2019-2030, USD Million
- Differential Gene Expression– Market Size & Forecast 2019-2030, USD Million
- Agriculture & Animal Research- Market Size & Forecast 2019-2030, USD Million
- Others (Environmental Genomics, Epigenetics Research, etc.) – Market Size & Forecast 2019-2030, USD Million
By Function
- Biological Interpretation- Market Size & Forecast 2019-2030, USD Million
- Experimental Design- Market Size & Forecast 2019-2030, USD Million
- Sequencing- Market Size & Forecast 2019-2030, USD Million
- Data Management- Market Size & Forecast 2019-2030, USD Million
- Primary Analysis- Market Size & Forecast 2019-2030, USD Million
By Deployment- Market Size & Forecast 2019-2030, USD Million
- Web- & Cloud–based- Market Size & Forecast 2019-2030, USD Million
- On-Premise- Market Size & Forecast 2019-2030, USD Million
By End User
- Hospitals & Diagnostic Laboratories- Market Size & Forecast 2019-2030, USD Million
- Pharmaceutical & Biotechnology Companies- Market Size & Forecast 2019-2030, USD Million
- Academic & Research Institutes- Market Size & Forecast 2019-2030, USD Million
- Government Agencies- Market Size & Forecast 2019-2030, USD Million
- Others (Clinical Research Organizations (CROs), Veterinary & Animal Health Institutions, etc.)- Market Size & Forecast 2019-2030, USD Million
Regional/ Countries Insight:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Historically, the North American region, particularly the US, has been the leading force in the Global Next Generation Sequencing (NGS) Informatics Market due to its robust & technologically advanced healthcare ecosystem.
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