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The global next generation sequencing informatics market is expected to register a CAGR of about 22.0% during 2018-2023NEW YORK, Nov. 5, 2019 /PRNewswire/ -- The global next generation sequencing informatics market is expected to register a CAGR of about 22.0% during 2018-2023 (the forecast period). North America is dominating the market, due to the growing demand for NGS informatics product & services in the region. Read the full report: https://www.reportlinker.com/p05778393/?utm_source=PRN Growing Demand for NGS Service and Rising Investment by Key Players 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. North America to Dominate the Market The next generation sequencing informatics market has been segmented on the basis of service type, application, end user, and geography. By geography, this market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America. 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. The Asia-Pacific next generation sequencing informatics market is also expected to grow owing to the factors, such as increasing accessibility to healthcare facilities in the region, rising rate of adoption of next generation sequencing in drug discovery, growing investment from public and private sectors for genome sequencing projects, and the entrance of global players in this lucrative market. 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. The integration creates a simplified workflow and a fully automated, end-to- end data analysis solution that allows assembly of any size genome, including the human genome. Major Players: Illumina Inc., Sapio Sciences, DNAnexus, Omicia Inc. Qiagen Inc., Genomatrix AG, Partek Incorporated, Amazon Web Services LLC, Thermo Fischerscientific, Inc., and F. Hoffmann-La Roche Ltd, amongst others. Reasons to Purchase this Report - Current and future global next generation sequencing market outlook in the developed and emerging markets - Various perspectives of the market, with the help of Porter's five forces analysis - The segment expected to dominate the market - The region expected to witness the fastest growth rate during the forecast period - The latest developments, market shares, and strategies that are employed by the major market players - 3 months analyst support, along with the Market Estimate sheet (in excel) Customization of the Report This report can be customized to meet your requirements. Read the full report: https://www.reportlinker.com/p05778393/?utm_source=PRN About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 View original content:http://www.prnewswire.com/news-releases/the-global-next-generation-sequencing-informatics-market-is-expected-to-register-a-cagr-of-about-22-0-during-2018-2023--300951556.html SOURCE Reportlinker |