About 22.0% CAGR of growth in the Next Generation Sequencing Informatics Market during the forecast period of 2018-2023| Key Players - ILLUMINA INC., SAPIO SCIENCES, DNANEXUS, OMICIA INC. QIAGEN INC., GENOMATRIX AG, amongst others

Market Analysis:

North America to Dominate the Market
Due to the presence of well-established healthcare facilities and the growth in demand for high-speed informatics tools, owing to the launch of high-throughput sequencing equipment and population-scale genome sequencing projects in the region, North America is dominating the next generation sequencing informatics market.

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The next generation sequencing (NGS) informatics services have gained popularity in the recent years, owing to the growth in demand for the NGS services in screening and early detection of chronic diseases, globally. Adoption of informatics tools in NGS has led to a reduction in cost and quick turnaround time, which has propelled the uptake of NGS services over the traditional microarray, capillary electrophoresis (CE), and Sanger methods. This factor is likely to drive the demand for NGS service in the detection of chronic diseases, such as cancers, diabetes, chronic kidney disease, and cardiovascular disease, among others. Increasing investment from private players toward the development of new low-cost NGS systems and development of novel software tools in analysis and interpretation have further augmented the growth of NGS informatics service market. Lack of reimbursement, ethical challenges, and the high cost of some advanced next generation sequencing systems and tools are likely to restrain the market growth.

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Market Segments:
NGS Informatics Market is segmented by:
1. Service: NGS Sequencing Informatics Tools, Data Analysis Tools, Storage and Computing Tools, Interpretation and Reporting Tools, Laboratory Information Management System (LIMS)
2. Application: Drug Discovery, Genetic Screening, Diseases Diagnosis, Precision Medicines, Others
3. End User: Hospitals and Clinics, Academics and Research Institutes, Pharmaceuticals and Biotechnology Companies
4. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• January 2018: Genomics England adopted Edico's Dragen Bio-IT platform, to address alignment and variant calling of whole-genome sequencing data.
• October 2017: Bluebee, and Pacific Biosciences of California, Inc., the leader in long-read sequencing, announced the integration of the PacBio de novo assembly pipeline onto the Bluebee genomics analysis platform.

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