Global Next-generation Sequencing Informatics Market, By Product (NGS Informatics Services, Data Analysis and Management Tools, Primary and Secondary Data Analysis Tools, Data Interpretation and Reporting Tools), By Application (Biomarker Discovery, Precision Medicine, Diagnostics, Drug Discovery, Differential Gene Expression), By End User (Academics and Research Institutes, Biopharmaceutical Industry, Pharmaceuticals Industry, Government Agencies, Hospitals & Clinics) and opportunities and forecast 2020-2027
Next-generation Sequencing Informatics Market Overview
NGS technology is wide utilized in an exceedingly wide selection of analysis applications, together with organic phenomenon, metagenomics, epigenetics, and others. Desoxyribonucleic acid sequencing generates a huge quantity of information, which may be long to analyse. Next-generation sequencing scientific discipline tools create analysing sequencing knowledge easier, permitting scientists to focus a lot of on analysis and fewer on work flow configuration. the world next-generation sequencing scientific discipline market is driven by factors like lower sequencing prices with the employment of NGS scientific discipline, multiplied government initiatives to push the employment of NGS in R&D, multiplied speed and suppleness offered by NGS, and continuous innovation and developments within the technology.
Increasing adoption of NGS in R&D activities and constant advancements and development in NGS technology. Reduced price of sequencing with the adoption of NGS scientific discipline and speed and suppleness provided by NGS is additionally expected to spur the market growth. An untapped market opportunity in developing countries is additionally expected to make growth opportunities for the market. However, dearth of preciseness, accuracy and standardization within the method alongside presence of tight government policies square measure expected to restrain market growth throughout the forecast amount.
The covid-19 Impact on Next-generation Sequencing Informatics Market:
|Market size available for years
|Base year considered
||Value (USD Million)
||Disease Type, Research Stage, Treatment , End User and Region
||North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
||Agilent Technologies Inc., DNANEXUS, INC., F. Hoffmann-La Roche Ltd, PerkinElmer Inc., Illumina, Inc., GENEWIZ, Partek, Incorporated, QIAGEN , DNASTAR, Thermo Fischer Scientific Inc
Like several different industries, COVID-19 badly knocked the electronic and semiconductor Industry. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor Industry. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount. Next-generation Sequencing Informatics Market Segment Overview
By Product, NGS Informatics Services segment accounted largest segment owing to the employment of NGS in R&D, multiplied speed and suppleness offered by NGS, and continuous innovation and developments within the technology.
By Application, Biomarker Discovery segment registered the largest s market share during the forecast period.
By End User, Academics and Research Institutes segment registered the largest s market share during the forecast period.
Market Analysis, Insights and Forecast – By Product
· NGS Informatics Services
· Data Analysis and Management Tools
· Primary and Secondary Data Analysis Tools
· Data Interpretation and Reporting Tools
Market Analysis, Insights and Forecast – By Application
· Biomarker Discovery
· Precision Medicine
· Drug Discovery
· Differential Gene Expression
Market Analysis, Insights and Forecast – By End User
· Academics and Research Institutes
· Biopharmaceutical Industry
· Pharmaceuticals Industry
· Government Agencies
· Hospitals & Clinics Next-generation Sequencing Informatics Market Regional Overview
Region-wise, in terms of regions, the report provides a close summary of the trade together with each qualitative and quantitative info. It provides an summary and forecast of the worldwide market supported varied segments. It additionally provides market size and forecast estimates from the year 2019 to 2028 with relation to 5 major regions, namely; North America, Europe, Asia-Pacific (APAC), the centre East and Africa (MEA), and South America. The next-generation sequencing IP market by every region is later sub-segmented by individual countries and segments. The report covers the analysis and forecast of eighteen countries globally beside the present trend and opportunities prevailing within the region.
Next-generation Sequencing Informatics Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA) Next-generation Sequencing Informatics Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Next-generation Sequencing Informatics are highlighted below.
· In 2020, fabric genomics launched fabric GEM algorithm that uses advanced AI (AI) to automate rare illness diagnostics from next-generation sequencing data. Next-generation Sequencing Informatics Market, Key Players
· Agilent Technologies Inc.
· DNANEXUS, INC.
· F. Hoffmann-La Roche Ltd
· PerkinElmer Inc
· Illumina, Inc.
· Partek, Incorporated
· Thermo Fischer Scientific Inc
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Next-generation Sequencing Informatics market during the forecast period?
A. Next-generation Sequencing Informatics market is expected to record a CAGR of ~ xx% during the forecast period
Q2. Which segment is projected to hold the largest share in the Next-generation Sequencing Informatics Market?
A. NGS Informatics Services segment is projected to hold the largest share in the Next-generation Sequencing Informatics Market
Q3. What are the driving factors for the Next-generation Sequencing Informatics market?
A. This trend will for the most part be attributed to improved contraceptive techniques, late marriages, and also the growing range of girls prioritizing their careers over beginning a family is a key factor that boosts the growth of the Next-generation Sequencing Informatics market progressively
Q4. Which Segments are covered in the Next-generation Sequencing Informatics market report?
A. Product, Application, End User and Region, these segments are covered in the Next-generation Sequencing Informatics market report
Q5. Which are the prominent players offering Next-generation Sequencing Informatics?
A. Agilent Technologies Inc., DNANEXUS, INC., F. Hoffmann-La Roche Ltd, PerkinElmer Inc., Illumina, Inc., GENEWIZ, Partek, Incorporated, QIAGEN, DNASTAR, Thermo Fischer Scientific Inc are the prominent players offering Next-generation Sequencing Informatics