Next Generation Sequencing (NGS) Informatics Market Envisions 14.5% CAGR Surge Up to 2030

Next Generation Sequencing (NGS) Informatics Market Research Report Scope (FY24-30)

MarkNtel Advisors has released a market research report on the Global Next Generation Sequencing (NGS) Informatics Market covering the forecast period of 2024-30. The research segment utilizes efficient methodologies to provide insights into sales and revenue forecasts spanning from 2024 to 2030, enhancing user understanding and enabling well-informed decision-making. By utilizing both qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges.

Next Generation Sequencing (NGS) Informatics Market Insights:

The Global Next Generation Sequencing (NGS) Informatics Market is expected to witness a CAGR of 14.5% from 2024 to 2030.

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Next Generation Sequencing (NGS) Informatics Market (FY24-30): Market Dynamics

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.

Next Generation Sequencing (NGS) Informatics Market Segmentation Analysis

A thorough examination of the Next Generation Sequencing (NGS) Informatics Market is presented in our research report, accurately delving into key market segments:

By Offering

-Software

-Data Analysis Software

-Data Interpretation & Reporting Tools

-Data Storage & Computing Tools

-Laboratory Information Management Systems (LIMS)

-Others (Variant Annotation Software, Epigenomics Analysis Software, etc.)

-NGS Informatics Services

By Application

-Biomarker Discovery

-Precision Medicine

-Diagnostics

-Drug Discovery

-Differential Gene Expression

-Agriculture & Animal Research

-Others (Environmental Genomics, Epigenetics Research, etc.)

• Precision Medicine stands out as the dominant segment, holding a prominent share of the Next Generation Sequencing (NGS) Informatics Market.

By Function

-Biological Interpretation

-Experimental Design

-Sequencing

-Data Management

-Primary Analysis

By Deployment

-Web- & Cloud–based

-On-Premise

By End User

-Hospitals & Diagnostic Laboratories

-Pharmaceutical & Biotechnology Companies

-Academic & Research Institutes

-Government Agencies

-Others (Clinical Research Organizations (CROs), Veterinary & Animal Health Institutions, etc.)

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Our research report on the Next Generation Sequencing (NGS) Informatics Market offers comprehensive geographical coverage, including

By Region

-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.

Next Generation Sequencing (NGS) Informatics Market (FY24-30): Competitive Outlook

1. 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, and Others

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