Next Generation Sequencing (NGS) Informatics Market to See Steady Growth by 2030
MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Next Generation Sequencing (NGS) Informatics Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Next Generation Sequencing (NGS) Informatics, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.
Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.
Market Timeline Overview
- Historical Years: 2019–22
- Base Year: 2023
- Forecast Years: 2024–30
This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.
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Next Generation Sequencing (NGS) Informatics Market Outlook
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.
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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Next Generation Sequencing (NGS) Informatics Market Challenge:
Data Privacy & Security Concerns to Impede Industry Growth – As genomic data becomes more accessible & widely used, safeguarding sensitive patient information and research findings has become paramount. The challenge lies in ensuring compliance with stringent data protection regulations, like HIPAA and GDPR, while enabling data sharing for research & medical advancements. Striking the right balance between data privacy and accessibility requires the development of robust encryption methods, secure storage solutions, and data management protocols that not only protect individuals' genetic information but also promote collaborative research efforts & innovation in the field.
Next Generation Sequencing (NGS) Informatics Market Segmentation
The study categorizes the Next Generation Sequencing (NGS) Informatics into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.
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- 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
Geographical Analysis
The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
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Leading Companies in Next Generation Sequencing (NGS) Informatics Market Worldwide: Players, Analysis & Future Outlook
- 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
Key Highlights of the Report
- Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
- Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
- Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
- Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.
Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences
Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/ngs-informatics-market.html
Frequently Asked Questions (FAQ)
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2. What are the major factors driving this market’s growth?
3. Which regions are expected to lead the Next Generation Sequencing (NGS) Informatics?
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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.
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