The latest report by MarkNtel Advisors, titled “Next Generation Sequencing (NGS) Informatics Market” Size study report 2024-30 provides an in-depth examination of revenue growth, market definition, segmentation, industry potential, and influential trends to help comprehend the market’s future outlook and existing prospects. Next Generation Sequencing (NGS) Informatics Market Share, Size, and Industry Analysis. By Offering (Software, NGS Informatics Services), By Application (Biomarker Discovery, Precision Medicine, Diagnostics, Drug Discovery, Differential Gene Expression– Market Size & Forecast 2019-2030, USD Million, Agriculture & Animal Research, Others), By Function (Biological Interpretation, Experimental Design, Sequencing, Data Management, Primary Analysis), By Deployment (Web and Cloud–based, On-Premise), By End User (Hospitals & Diagnostic Laboratories, Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Government Agencies, Others), and others. 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.
Key Highlights of the Market Report:
- Detailed overview of the market share
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Next Generation Sequencing (NGS) Informatics Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising market growth
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Global 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.
Furthermore, when conducting large-scale genome sequencing studies involving diverse populations, researchers must anonymize & encrypt genomic data to protect individuals’ identities. At the same time, they must establish stringent access controls to prevent unauthorized usage of this highly sensitive information. Thus, striking a balance between enabling critical research & maintaining ethical data privacy standards remains a significant challenge for the Global Next Generation Sequencing (NGS) Informatics Market.
Next Generation Sequencing (NGS) Informatics 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- 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
By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Major Key Players in Next Generation Sequencing (NGS) Informatics Market research report:
DNASTAR Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Fabric Genomics, Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
BGI Genomics
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Sophia Genetics
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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