Next-generation Sequencing Informatics, Forecast to 2027

Next-generation Sequencing Informatics, Forecast to 2027

Development of Genomics and Precision Medicine Supported by Artificial Intelligence and Cloud Computing to Transform the Field

With the democratization of next-generation sequencing (NGS) technology and continual decline in sequencing costs, its application areas have expanded, leading to increased demand for NGS informatics solutions in different environments. The advances in NGS technology are leading to market growth and will likely boost its demand with the incorporation of new tools such as cloud-based NGS informatics platforms, machine learning (ML), and artificial intelligence (AI). These tools improve workflow, facilitate and automate tasks, and make better use of workspaces in every area of the industry.

This study will help providers understand the key trends emerging in the global market for various application domains across each region
(North America, Europe, Asia-Pacific, and Rest of World). It presents the current state of the market and estimates its growth for the next 5 years, highlighting opportunities globally and in each region. In addition, the analysis provides information on market concentration and its evolution in recent years, the main providers of NGS IT solutions, and their application areas. The study period is 2022–2027.