The rise in application of NGS in the clinical to diagnosis the various illness such as haematological disorders, cardiology, cancer, neurology, and other are the main propelling factor for the growth of the global market. Additionally, the advancement in the technology in the NGS informatics tools which is another driving factor for the growth of the target market. For instance, in 2018, Illumina acquired Edico Genome, to accelerate the genomic data analysis and to enhance the NGS informatics tools. Moreover, increasing preference for the early diagnosis of the diseases and rise demand for personalized medicine is the boosting factor for the growth of the global market. Furthermore, the increasing investments by the key players and the demand for the NGS services are the fueling factor for the growth of the target market.Next-Generation Sequencing Informatics Market accounted for US$ 11.8  billion in 2024 and is estimated to be US$ 33.4 billion by 2034 and is anticipated to register a CAGR of 13.60%.

The report "Next-Generation Sequencing Informatics Market, By Products and Services (NGS Informatics Services and Data Analysis and Management Tool), By Application (Drug Discovery, Genetic Screening, Diseases Diagnosis, Precision Medicine, and Other Applications), By End- User (Hospitals and Clinics, Academics and Research Institutes, and Pharmaceuticals Companies), and Region - Global Forecast to 2034"

Key Highlights:

• In 2018, Llumina Inc. and Bristol- Myers Squibb declared the strategic collaboration to develop commercialized diagnostics for the Bristol- Myers Squibb’s oncology immunotherapies.

Key Market Insights from the report:        

Next-Generation Sequencing Informatics Market accounted for US$ 11.8 billion in 2024 and is estimated to be US$ 33.4 billion by 2034 and is anticipated to register a CAGR of 13.60%”. The market report has been segmented based on products and services, application, end-user, and region.

By-products and services, the global next-generation sequencing informatics market is segmented into NGS informatics services and data analysis and management tool

• By application, the target market is subdivided into drug discovery, genetic screening, diseases diagnosis, precision medicine, and other applications
• By end-user, the global market is bifurcated into hospitals and clinics, academics and research institutes, and pharmaceuticals companies.
• By region, The North America region is expected to dominate the global next-generation sequencing information market because of the better healthcare infrastructure and increasing awareness regarding the next-generation sequencing.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on " Next-Generation Sequencing Informatics Market By Products and Services (NGS Informatics Services and Data Analysis and Management Tool), By Application (Drug Discovery, Genetic Screening, Diseases Diagnosis, Precision Medicine, and Other Applications), By End- User (Hospitals and Clinics, Academics and Research Institutes, and Pharmaceuticals Companies), and by Region – global forecast till 2034"

The prominent player operating in the next-generation sequencing informatics market includes Agilent Technologies Inc., Amazon Web Services LLC, Dnanexus Inc., F. Hoffmann-La Roche Ltd., Intrexon Bioinformatics Germany GmbH (Genomatrix AG), Llumina Inc., Fabric Genomics Inc. (Omicia Inc.), Partek Incorporated, Qiagen NV, and Sapio Sciences.

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