Next Generation Sequencing (NGS) Informatics Market to Grow with a CAGR of 22.74% through 2030

Rising prevalence of cancer and reduction in mass scale genetic testing cost is significantly expected to drive the growth of Global Next Generation Sequencing (NGS) Informatics Market during the forecast period, 2026-2030.

According to TechSci Research report, “Next Generation Sequencing (NGS) Informatics Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2030”, the Global Next Generation Sequencing (NGS) Informatics Market stood at USD 5.48 billion in 2024 and is anticipated to grow with a CAGR of 22.74% in the forecast period through 2030. Next generation sequencing involves the use of software for the characterization and identification of the viral genome. Additionally, Next Generation Sequencing (NGS) plays a vital role in studying the evolving process of the virus. On comparing Next Generation Sequencing (NGS) with Sanger sequencing, it emerged as dominant genomics technology due to cost effectiveness and wide applications. There are various benefits associated with Next Generation Sequencing (NGS) such as cost effectiveness, development of personalized medicine, maintenance of human health by ensuring the genome of new virus etc. However, stringent regulatory scenario related to the lack of trained clinical personnel for conducting Next Generation Sequencing (NGS) experiments can slow down the market growth in the coming years. Also, the lack of Government program to support the advancement of Next Generation Sequencing (NGS) and their software can further slowdown the market growth. 

In addition, the market is benefiting from increased investment in bioinformatics infrastructure, growing collaborations between public research institutions and private biotech firms, and the emergence of cloud-based solutions that facilitate efficient data storage and sharing. The development of user-friendly interfaces, automated workflows, and AI-powered analytics is further contributing to the widespread adoption of NGS informatics solutions across various end-user settings. Moreover, increasing awareness of genomics among clinicians and the broader integration of genomics into routine healthcare are expected to drive demand for advanced informatics systems. As regulatory bodies continue to streamline frameworks for clinical NGS applications and global healthcare policies emphasize genomics integration, the Next Generation Sequencing Informatics Market is poised for sustained and expansive growth in the years ahead.

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Global Next Generation Sequencing (NGS) Informatics Market is segmented into products & services, application, end user, regional distribution and company.

Based on Products & Services, Data Interpretation category shows the fastest growth over the forecast period. The rapid growth of this segment is also fueled by the increasing complexity and volume of NGS data, which requires advanced interpretation frameworks. According to the National Human Genome Research Institute (NHGRI), the amount of genomic data generated globally is projected to exceed 40 exabytes by 2025. This exponential growth necessitates highly efficient, cloud-based bioinformatics tools that can process, interpret, and generate actionable insights quickly and accurately. Governments and healthcare institutions are heavily investing in the development of national genomic databases, which further increases the need for robust data analytics and interpretation tools. For instance, Genomics England's 100,000 Genomes Project and similar initiatives in Asia and Europe emphasize not only sequencing but also data processing, interpretation, and secure sharing—functions that are central to commercial NGS informatics platforms.

Based on the Region, Asia Pacific shows the fastest growth in the Global Next Generation Sequencing (NGS) Informatics Market. This rapid growth is being driven by a convergence of favorable government initiatives, growing healthcare infrastructure, increased investment in genomics, and expanding applications of precision medicine across the region. Countries like China, India, South Korea, Japan, and Singapore are heavily investing in genomics research, sequencing capabilities, and bioinformatics infrastructure, accelerating the regional adoption of next-generation sequencing informatics platforms. In China, for instance, the government launched the Precision Medicine Initiative under the 13th Five-Year Plan, committing over USD 9 billion to genomics and personalized healthcare development. This initiative has created a strong foundation for the adoption of advanced sequencing technologies and the informatics platforms required to manage large-scale genomic data.

The leading companies operating in the Global Next Generation Sequencing (NGS) Informatics Market are:

• Abbott Laboratories
• F. Hoffmann-La Roche Ltd.
• PerkinElmer, Inc.
• SOPHiA GENETICS SA
• Precigen, Inc.
• QIAGEN N.V.
• Illumina, Inc.
• Agilent Technologies, Inc.
• Eagle Genomics Limited
• BGI Genomics Co., Ltd.

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“The market is expected to witness strong growth in the coming years, driven by the rising prevalence of genetic and chronic diseases, increasing demand for precision medicine, and advancements in sequencing technologies. As healthcare systems worldwide shift toward data-driven diagnostics and personalized treatment strategies, NGS informatics is playing a crucial role in enabling the analysis, interpretation, and management of the vast genomic data generated through next-generation sequencing. The market is being propelled by a growing volume of genomic research and clinical applications across oncology, infectious diseases, rare genetic disorders, and reproductive health. The expanding utility of NGS in both clinical diagnostics and academic research is fueling the need for robust informatics tools capable of handling complex datasets with accuracy and speed. These informatics platforms support functions such as read mapping, variant calling, data annotation, and clinical reporting, making them essential for translating raw sequencing data into actionable insights.”, said Mr. Karan Chechi, Research Director of TechSci Research, a research based global management consulting firm.

“Next Generation Sequencing (NGS) Informatics Market - Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028, Segmented By Products & Services (Storage and Computing Tools, Commercial Data Analysis, Data Interpretation, and Reporting Tools, Next Generation Sequencing (NGS), Laboratory Information Management Systems (LIMS), By Application (Drug Discovery, Genetic Screening, Disease Diagnosis, and Others), By End User (Hospitals and Diagnostic Centers, Pharmaceutical and Biotechnology Companies, Academic and Research Institutions), By Region and Competition, 2020-2030F,” has evaluated the future growth potential of Global Next Generation Sequencing (NGS) Informatics Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Next Generation Sequencing (NGS) Informatics Market.