As per MarkNtel Advisors the Global Next Generation Sequencing (NGS) Informatics Market is estimated to grow at a CAGR of around 14.5% during the forecast period, i.e., 2024-30. This expansion is driven by a surge in interest & demand for next-generation sequencing informatics solutions, particularly in regions such as North America, Europe, and parts of Asia. The demand for advanced informatics tools extends across a diverse user base, including research institutions, healthcare providers, and biotechnology companies, reflecting both established experts & newcomers in the field of genomics. The market growth is fueled by the rising prominence of genomic research and its application in various fields, including diagnostics, drug development, and personalized medicine. To meet the industry's evolving demands, companies have made significant investments in research and development (R&D), further leading to the creation of innovative informatics technologies.

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Next Generation Sequencing (NGS) Informatics Market Systems 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

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

• 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

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Next Generation Sequencing (NGS) Informatics Market Recent Development:

• 2023: Illumina Inc. partnered with Pillar Biosciences Inc., creators of Decision Medicine™, to make Pillar's oncology assays available worldwide within Illumina's oncology product range. This strategic alliance would provide a unique set of synergistic next-generation sequencing solutions, boosting oncology testing by advancing sequencing methods, and ultimately broadening patient access to personalized cancer treatment choices.
• 2022: Illumina, Inc., unveiled the NovaSeqTM X Series, consisting of two state-of-the-art production-scale sequencers, NovaSeq X and NovaSeq X Plus. These cutting-edge sequencers are set to revolutionize genomic medicine by facilitating quicker, more robust, and environmentally sustainable sequencing processes.

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Next Generation Sequencing (NGS) Informatics Market Drivers:

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.

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Report Highlights Essential Insights for Strategic Decision-Making

• Detailed market size, share, and forecast analysis
  • In-depth pricing trends and segment-wise cost evaluations
  • Key industry strategies, including innovation, partnerships, and acquisitions
  • Critical value chain analysis and stakeholder profiling
  • Regional import-export market insights and trade flow assessment
  • Thorough competitive benchmarking of top hearing aid manufacturers
  • Identification of new growth opportunities and niche market segments
  • Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Next Generation Sequencing (NGS) Informatics Market are:

• Hoffmann-La Roche Ltd.
• lllumina Inc.
• Agilent Technologies Inc.
• Dnanexus Inc.
• Qiagen NV
• Revvity, Inc.
• IBM Corporation
• Eagle Genomics Ltd.
• Thermo Fischer Scientific Inc.
• Sapio Sciences
• Partek Incorporated
• DNASTAR Inc.
• Fabric Genomics, Inc.
• BGI Genomics
• Sophia Genetics
• Others

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a globally recognized market research and consulting firm delivering intelligence across the healthcare industry, spanning pharmaceuticals, medical devices, healthcare IT, and biotechnology. Our analysts combine domain expertise with innovation tracking to help healthcare organizations improve efficiency and patient outcomes. Through Consulting Services, we assist clients in interpreting insights, designing go-to-market strategies, and adapting to regulatory changes, fostering sustainable growth in the evolving global healthcare ecosystem. environments.

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