The Next-Generation Sequencing Informatics Market was valued at approximately USD 2,250 million in 2020 and is expected to witness a revenue of USD 5,750 million in 2028, with a CAGR of 19% over the forecast period (2022-2028).
The global NGS informatics market is mainly driven by NGS informatics, various government initiatives, increasing clinical application, replacement of Microarray technology by NGS, continuous innovation and development of technology, life sciences, pharmaceutical and biotechnology research. Additionally, the increasing prevalence of cancer diseases and significant reductions in the cost of large-scale genetic testing present significant opportunities in this market. However, lack of accuracy and standardization, ethical issues, and reduced subsidies and funding from governments in various countries are hampering the growth of the market to some extent.
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Market Segments
By Product & Services
- NGS Informatics Services
- Data Analysis and Management Tools
- Primary and Secondary Data Analysis Tools
- Data Interpretation and Reporting Tools
By Function
- Biological Interpretation
- Experimental Design
- Sequencing
- Data Management
- Primary Analysis
By Application
- Biomarker Discovery
- Precision Medicine
- Diagnostics
- Drug Discovery
- Differential Gene Expression
Key Players
- Agilent Technologies Inc.
- DNANEXUS, INC.
- F. Hoffmann-La Roche Ltd
- PerkinElmer Inc
- Illumina, Inc.
- GENEWIZ
- Partek, Incorporated
- QIAGEN
- DNASTAR
- Thermo Fischer Scientific Inc.
Scope of the Report
The research study analyzes the global Next-Generation Sequencing Informatics industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Next-Generation Sequencing Informatics Market Report
1. What was the Next-Generation Sequencing Informatics Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Next-Generation Sequencing Informatics Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Next-Generation Sequencing Informatics Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Next-Generation Sequencing Informatics market.
- The market share of the global Next-Generation Sequencing Informatics market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Next-Generation Sequencing Informatics market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Next-Generation Sequencing Informatics market.
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