Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 889.34 million

Market Size (2029)

USD 1589.40 million

CAGR (2024-2029)

10.12%

Fastest Growing Segment

Data Analysis Services

Largest Market

North America


Market Overview

Global NGS Data Storage Market was valued at USD 889.34 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 9.25% through 2029. The Global Next-Generation Sequencing (NGS) Data Storage Market is witnessing significant growth as the volume of genomic data generated by NGS technologies continues to surge. NGS, with its high-throughput sequencing capabilities, produces vast amounts of data from DNA, RNA, and epigenetic analyses. This necessitates robust and scalable storage solutions to handle the massive datasets efficiently. The market is driven by the escalating adoption of NGS technologies in diverse applications, including genomics research, personalized medicine, and clinical diagnostics. The primary driver for the NGS Data Storage Market is the exponential growth of genomic data. As the cost of sequencing decreases, researchers and healthcare professionals generate more genomic information, leading to an unprecedented demand for storage infrastructure. Scalability and flexibility become critical factors in choosing storage solutions to accommodate the dynamic and expanding nature of genomic datasets. Another key factor contributing to market growth is the increasing awareness of the importance of data management and storage in genomics. Researchers and institutions recognize the need for secure, accessible, and efficient storage systems to safeguard valuable genomic information and facilitate collaborative research initiatives. Cloud-based storage solutions are gaining traction, offering scalability, remote accessibility, and cost-effectiveness.

Furthermore, advancements in data storage technologies, such as distributed and parallel processing, enhance the speed and accessibility of genomic data. The market is witnessing innovations in data compression techniques and storage architectures to address the challenges of handling vast datasets effectively. As the genomics landscape evolves, the Global NGS Data Storage Market is characterized by strategic collaborations between NGS technology providers and storage solution vendors. This collaborative approach aims to offer integrated solutions that seamlessly manage the entire workflow, from sequencing to data storage and analysis. The Global NGS Data Storage Market is driven by the escalating demand for efficient and scalable storage solutions in response to the unprecedented growth in genomic data. As genomics continues to play a pivotal role in various scientific and clinical applications, the market is poised for further expansion and technological advancements to meet the evolving needs of researchers and healthcare professionals.

Key Market Drivers

Surge in Genomic Data Generation

The Global Next-Generation Sequencing (NGS) Data Storage Market is experiencing a significant surge in genomic data generation, driven by the widespread adoption of NGS technologies. As the cost of sequencing continues to decrease, researchers and healthcare institutions are undertaking extensive genomic studies, contributing to an unprecedented increase in the volume of genomic data. This surge is particularly evident in genomics research, clinical diagnostics, personalized medicine, and agricultural applications. The comprehensive nature of NGS, which provides insights into DNA, RNA, and epigenetic variations, further amplifies the demand for robust data storage solutions. The sheer scale and complexity of genomic data necessitate sophisticated storage infrastructure capable of handling and managing vast datasets efficiently. Genomic data, encompassing information about an individual's genetic makeup, holds immense value for understanding diseases, identifying potential therapeutic targets, and advancing precision medicine initiatives. The surge in genomic data generation not only reflects the growth in research activities but also underscores the critical need for secure, scalable, and accessible data storage solutions. To address these challenges, the NGS Data Storage Market is witnessing advancements in storage technologies, including cloud-based solutions, distributed processing, and optimized architectures. As genomic research continues to expand its horizons, the surge in genomic data generation is poised to sustain the growth momentum of the NGS Data Storage Market, driving innovation and evolution in data storage solutions tailored to meet the unique demands of genomics research and its diverse applications.

Increasing NGS Applications

The Global Next-Generation Sequencing (NGS) Data Storage Market is propelled by the increasing diversity and breadth of applications for NGS technologies. Beyond its foundational role in genomics research, NGS is finding applications in various fields, including clinical diagnostics, personalized medicine, and agriculture. The expansion of NGS applications contributes significantly to the growing demand for sophisticated data storage solutions. In clinical diagnostics, NGS is pivotal for identifying genetic markers associated with diseases, enabling precise diagnostics and informed treatment decisions. The shift towards personalized medicine relies heavily on NGS for characterizing individual genomic profiles, necessitating secure and scalable data storage infrastructure to handle the diverse datasets generated. Moreover, the agricultural sector benefits from NGS applications for crop improvement, trait identification, and understanding plant genomics. As NGS technologies continue to evolve and become more accessible, their adoption in diverse research and industrial applications intensifies, further driving the need for efficient data storage solutions. The multifaceted applications of NGS underscore the need for versatile data storage infrastructure that can accommodate the varying data types generated in genomics research, clinical settings, and agricultural studies. The Global NGS Data Storage Market responds to this demand by offering solutions that address the specific requirements of different applications, emphasizing scalability, accessibility, and data security. As NGS applications continue to expand, the market is poised for sustained growth, with ongoing innovations in storage technologies to support the evolving landscape of genomics and its applications.

Expanding Genomic Research Initiatives

The Global Next-Generation Sequencing (NGS) Data Storage Market is experiencing significant growth driven by the expanding landscape of genomic research initiatives worldwide. As research institutions, pharmaceutical companies, and healthcare organizations undertake large-scale genomic projects, there is a consequential surge in the generation of genomic data. These initiatives aim to unravel the complexities of the human genome, study genetic variations, and identify biomarkers associated with diseases. The comprehensive insights provided by NGS technologies play a pivotal role in advancing our understanding of genetics and have implications for precision medicine, targeted therapies, and disease prevention. The increasing prevalence of genomic research initiatives necessitates robust and scalable data storage solutions to manage the vast datasets generated by NGS technologies. Researchers are increasingly relying on sophisticated storage infrastructure to securely store, manage, and analyze genomic data efficiently. This demand is met by the Global NGS Data Storage Market, which offers solutions tailored to the specific needs of genomic research initiatives, emphasizing data security, accessibility, and scalability. These expanding genomic research initiatives encompass diverse areas, including cancer genomics, population genetics, and rare disease studies, contributing to the rich tapestry of genomic knowledge. The Global NGS Data Storage Market is positioned as a key enabler of these initiatives, providing the necessary storage infrastructure to support the ambitions of researchers worldwide. As the momentum of genomic research continues to accelerate, the market is poised for sustained growth, with a focus on innovation to meet the evolving requirements of diverse genomic studies. Furthermore, visualization techniques help identify potential biomarkers and molecular signatures associated with specific diseases or conditions. By visualizing genomic data, researchers can identify gene expression patterns, genomic alterations, and regulatory networks that are characteristic of a particular disease phenotype. Visualization enables the identification of potential diagnostic or prognostic biomarkers, which can drive the development of diagnostic tests and personalized treatment strategies. It often involves the integration of various genomics data, such as genomics, transcriptomics, proteomics, and metabolomics. Integrative visualization aids in uncovering molecular interactions, pathways, and functional relationships, providing a comprehensive understanding of complex biological systems and can lead to the growth of Global NGS Data Storage Market.


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Key Market Challenges

Data Volume and Complexity

The Global Next-Generation Sequencing (NGS) Data Storage Market grapples with the formidable challenges posed by the escalating data volume and complexity inherent in genomics research. As the adoption of NGS technologies proliferates across diverse fields, including genomics research, clinical diagnostics, and personalized medicine, the amount of genomic data generated continues to soar exponentially. The sheer magnitude of this data surge presents a monumental challenge for storage infrastructure. Genomic datasets encompass a myriad of information, from DNA sequences to epigenetic modifications, resulting in large and diverse datasets that demand advanced storage solutions. NGS generates massive volumes of multi-omics data, including genomics, transcriptomics, proteomics, and metabolomics. The complexity arises not only from the sheer quantity but also from the intricate interplay between different types of biological data. This complexity requires storage solutions that can accommodate the varied data structures and facilitate seamless integration for comprehensive analysis. Efficiently managing the influx of data is critical for researchers seeking meaningful insights from genomic studies. The challenge extends beyond mere storage capacity to encompass data retrieval speed, ensuring that researchers can access and analyze the vast datasets in a timely manner. Additionally, as genomic research increasingly involves collaborations and data sharing, the need for standardized formats and interoperability becomes paramount to facilitate seamless data exchange between institutions and researchers. The Global NGS Data Storage Market responds to these challenges by innovating storage solutions that offer scalability, high performance, and adaptability to diverse data types. Cloud-based storage solutions are gaining prominence for their ability to provide scalable and accessible storage infrastructure, addressing the needs of researchers and institutions grappling with the surging data volume and complexity. As genomics continues to be at the forefront of scientific advancements, the challenge of managing and extracting valuable insights from this deluge of data remains a central focus in shaping the trajectory of the NGS Data Storage Market.

Cost of Storage Infrastructure

The cost of storage infrastructure emerges as a significant challenge in the Global Next-Generation Sequencing (NGS) Data Storage Market. The explosive growth in genomic data generated by NGS technologies necessitates robust and scalable storage solutions, contributing to a considerable financial burden for research institutions, healthcare facilities, and biotechnology companies. Establishing and maintaining a storage infrastructure that can accommodate the escalating data volumes while meeting the performance demands of NGS workflows requires substantial investment. The cost challenge is multifaceted, encompassing not only the initial capital expenditure for setting up high-capacity storage systems but also ongoing operational expenses related to maintenance, upgrades, and data backup. As the demand for storage capacity increases with the expanding adoption of NGS across diverse applications, finding cost-effective solutions becomes imperative to ensure accessibility for a broad range of users. Moreover, the need for advanced storage technologies capable of handling the intricacies of multi-omics data, including genomics, transcriptomics, and proteomics, adds complexity to the cost equation. Balancing performance requirements with budget constraints becomes a delicate task, especially for organizations operating with limited financial resources. The emergence of cloud-based storage solutions offers a potential avenue to address cost challenges by providing scalable, pay-as-you-go models. Cloud storage allows users to scale their storage infrastructure based on demand, reducing the need for large upfront investments. However, concerns related to data security, privacy, and long-term costs require careful consideration when opting for cloud-based solutions. In navigating the cost complexities of NGS data storage, the market witnesses ongoing innovations aimed at optimizing storage efficiency, reducing hardware expenses, and exploring collaborative models to share infrastructure resources. As the demand for cost-effective solutions intensifies, the Global NGS Data Storage Market continues to evolve, emphasizing affordability alongside scalability and performance in the quest to democratize access to advanced genomics data storage capabilities.

Key Market Trends

Cloud-Based Storage Solutions

Cloud-based storage solutions have emerged as a pivotal trend in the Global Next-Generation Sequencing (NGS) Data Storage Market. Recognizing the challenges posed by the exponential growth of genomic data, organizations are increasingly turning to cloud platforms to address storage needs efficiently. Cloud-based solutions offer scalability, allowing users to flexibly adjust storage capacities based on demand. This adaptability is particularly crucial in the genomics landscape, where datasets can vary widely in size and complexity. Moreover, cloud storage facilitates remote access, enabling researchers and clinicians to analyze genomic data from diverse locations, fostering collaboration and data sharing. The cost-effectiveness of cloud-based storage is a significant driver of its adoption. With a pay-as-you-go model, organizations can avoid substantial upfront investments in physical infrastructure, aligning costs more closely with actual usage. This democratization of access to advanced storage capabilities is fostering inclusivity and enabling smaller research institutions to participate in genomics research. Security and privacy concerns associated with genomic data are being actively addressed in cloud solutions. Leading cloud providers implement robust encryption protocols and compliance measures to ensure data security and adherence to privacy regulations. As the trend towards cloud-based storage continues, the Global NGS Data Storage Market is witnessing an evolution in storage strategies, with an increasing number of organizations leveraging the benefits of cloud infrastructure to efficiently manage, analyze, and preserve the burgeoning volumes of genomic data.

Integration with Bioinformatics Platforms

Integration with bioinformatics platforms stands out as a crucial trend in the Global Next-Generation Sequencing (NGS) Data Storage Market. As the volume and complexity of genomic data increase, seamless compatibility with bioinformatics tools becomes imperative for efficient data analysis and interpretation. The market has witnessed a growing emphasis on creating integrated solutions that streamline workflows from NGS data generation to analysis. This integration ensures that storage solutions are optimized for interoperability with diverse bioinformatics platforms, allowing researchers and clinicians to transition seamlessly between data storage and analysis phases. The trend is fueled by the recognition that a holistic approach, encompassing both storage and analysis, is essential for deriving meaningful insights from genomic data. By integrating with bioinformatics platforms, storage solutions can facilitate real-time data access, retrieval, and analysis, significantly reducing the time and effort required to move between different stages of the genomics workflow. This synergy enhances the overall efficiency of genomics research and clinical applications. Moreover, integrated solutions contribute to the democratization of genomics data analysis, making advanced tools more accessible to a broader audience. Collaborative initiatives between NGS data storage providers and bioinformatics platform developers aim to create user-friendly interfaces and standardized protocols, fostering a cohesive ecosystem that promotes seamless data management and analysis. As the Global NGS Data Storage Market evolves, the trend towards integration with bioinformatics platforms is expected to continue, providing researchers with more cohesive and user-friendly tools to navigate the complexities of genomic data analysis.

Segmental Insights

Offerings Insights

Based on Offerings, Data Analysis Services dominated the Global NGS Data Storage Market in 2023. This is ascribed due to the complexity of genomic data. Organizations prefer specialized analysis services to interpret intricate datasets, extract meaningful insights, and navigate the complexities of genomics. Outsourcing data analysis ensures access to expertise, sophisticated tools, and timely results, allowing researchers and clinicians to focus on the application of genomics findings rather than navigating the intricacies of data analytics. This trend reflects the growing recognition of the value of specialized services in maximizing the utility of genomic data and advancing research and clinical applications.

Sourcing Type Insights

Based on sourcing type, In-house NGS data storage segment dominated the Global NGS Data Storage Market in 2023. This is ascribed driven by the unprecedented surge in genomic data generated by Next-Generation Sequencing technologies. With the exponential growth in data volume, there is a critical need for efficient, scalable, and secure storage solutions. The In-house NGS Data Storage segment has positioned itself at the forefront by offering specialized infrastructure tailored to manage the complexities of diverse genomic datasets. Its dominance is further accentuated by addressing challenges related to data volume, security, and seamless integration with bioinformatics platforms, making it an indispensable component in the genomics research and healthcare landscape.


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Regional Insights

North America dominates the Global NGS Data Storage Market due to its robust research infrastructure, substantial investment in genomics research, and a high concentration of leading biotechnology companies. Additionally, supportive government initiatives, a skilled workforce, and a collaborative ecosystem between academia and industry contribute to the region's leadership. The presence of major NGS technology providers and a favorable regulatory environment further solidify North America's dominance, making it a focal point for cutting-edge genomics research and driving innovations in NGS data storage solutions.

Recent Developments

  • In January 2024, Agilent Technologies Inc. unveiled the Agilent ProteoAnalyzer system, an advanced automated parallel capillary electrophoresis system for protein analysis, during the 23rd Annual PepTalk Conference held in San Diego from January 16-19. This innovative platform streamlines and enhances the process of analyzing intricate protein mixtures, a pivotal component of analytical workflows in pharmaceuticals, biotechnology, food analysis, and academia sectors.

Key Market Players

  • Agilent Technologies, Inc.
  • BGI Group
  • DNAnexus, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Illumina, Inc.
  • Perkin Elmer, Inc.
  • Pacific Biosciences of California, Inc.
  • Qumulo, Inc.
  • QIAGEN N.V.
  • Thermo Fisher Scientific, Inc.

By Offerings

By Data Storage Solutions

By Read Length

By Sourcing Type

By Application

By End User

By Region

  • Data Storage Solutions
  • Data Analysis Services
  • Other Offerings
  • Cloud-based Data Storage Solutions
  • On-Premises Data Storage Solutions
  • Long Read Length
  • Short Read Length
  • In-house NGS Data Storage
  • Outsourced NGS Data Storage
  • Oncology
  • Rare diseases
  • Reproductive Health
  • Infectious Diseases
  • Central Nervous System
  • Others
  • Academic and Research Institutions
  • Pharmaceutical and Biotechnology Companies
  • Molecular Diagnostic Laboratories
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global NGS Data Storage Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • NGS Data Storage Market, By Offerings:

o   Data Storage Solutions

o   Data Analysis Services

o   Other Offerings

  • NGS Data Storage Market, By Data Storage Solutions:

o   Cloud-based Data Storage Solutions

o   On-Premises Data Storage Solutions

  • NGS Data Storage Market, By Read Length:

o   Long Read Length

o   Short Read Length

  • NGS Data Storage Market, By Sourcing Type:

o   In-house NGS Data Storage

o   Outsourced NGS Data Storage

  • NGS Data Storage Market, By Application:

o   Oncology

o   Rare diseases

o   Reproductive Health

o   Infectious Diseases

o   Central Nervous System

o   Others

  • NGS Data Storage Market, By End User:

o   Academic and Research Institutions

o   Pharmaceutical and Biotechnology Companies

o   Molecular Diagnostic Laboratories

o   Others

·         NGS Data Storage Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  United Kingdom

§  Italy

§  Germany

§  Spain

o   Asia-Pacific

§  China

§  India

§  Japan

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Global NGS Data Storage Market.

Available Customizations:

Global NGS Data Storage Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global NGS Data Storage Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.  Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global NGS Data Storage Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Offerings (Data Storage Solutions, Data Analysis Services, Other)

5.2.1.1.        By Data Storage Solutions (Cloud-based Data Storage Solutions, On-Premises Data Storage Solutions)

5.2.2.    By Read Length (Long Read Length, Short Read Length)

5.2.3.    By Sourcing Type (In-house NGS Data Storage, Outsourced NGS Data Storage)

5.2.4.    By Application (Oncology, Rare diseases, Reproductive Health, Infectious Diseases, Central Nervous System, Others)

5.2.5.    By End User (Academic and Research Institutions, Pharmaceutical and Biotechnology Companies, Molecular Diagnostic Laboratories, Others)

5.2.6.    By Region (North America, Europe, Asia Pacific, South America, Middle East and Africa)

5.2.7.    By Company (2023)

5.3.  Market Map

5.3.1.    By Offerings

5.3.2.    By Read Length

5.3.3.    By Sourcing Type

5.3.4.    By Application

5.3.5.    By End User

5.3.6.    By Region

6.    North America NGS Data Storage Market Outlook

6.1.  Market Size & Forecast        

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Offerings

6.2.2.    By Read Length

6.2.3.    By Sourcing Type

6.2.4.    By Application

6.2.5.    By End User

6.2.6.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States NGS Data Storage Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.            By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.            By Offerings

6.3.1.2.2.            By Read Length

6.3.1.2.3.            By Sourcing Type

6.3.1.2.4.            By Application

6.3.1.2.5.            By End User

6.3.2.    Canada NGS Data Storage Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.            By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.            By Offerings

6.3.2.2.2.            By Read Length

6.3.2.2.3.            By Sourcing Type

6.3.2.2.4.            By Application

6.3.2.2.5.            By End User

6.3.3.    Mexico NGS Data Storage Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.            By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.            By Offerings

6.3.3.2.2.            By Read Length

6.3.3.2.3.            By Sourcing Type

6.3.3.2.4.            By Application

6.3.3.2.5.            By End User

7.    Europe NGS Data Storage Market Outlook

7.1.  Market Size & Forecast        

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Offerings

7.2.2.    By Read Length

7.2.3.    By Sourcing Type

7.2.4.    By Application

7.2.5.    By End User

7.2.6.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany NGS Data Storage Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Offerings

7.3.1.2.2.            By Read Length

7.3.1.2.3.            By Sourcing Type

7.3.1.2.4.            By Application

7.3.1.2.5.            By End User

7.3.2.    France NGS Data Storage Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Offerings

7.3.2.2.2.            By Read Length

7.3.2.2.3.            By Sourcing Type

7.3.2.2.4.            By Application

7.3.2.2.5.            By End User

7.3.3.    United Kingdom NGS Data Storage Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.            By Offerings

7.3.3.2.2.            By Read Length

7.3.3.2.3.            By Sourcing Type

7.3.3.2.4.            By Application

7.3.3.2.5.            By End User

7.3.4.    Italy NGS Data Storage Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Offerings

7.3.4.2.2.            By Read Length

7.3.4.2.3.            By Sourcing Type

7.3.4.2.4.            By Application

7.3.4.2.5.            By End User

7.3.5.    Spain NGS Data Storage Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Offerings

7.3.5.2.2.            By Read Length

7.3.5.2.3.            By Sourcing Type

7.3.5.2.4.            By Application

7.3.5.2.5.            By End User

8.    Asia-Pacific NGS Data Storage Market Outlook

8.1.  Market Size & Forecast        

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Offerings

8.2.2.    By Read Length

8.2.3.    By Sourcing Type

8.2.4.    By Application

8.2.5.    By End User

8.2.6.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China NGS Data Storage Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Offerings

8.3.1.2.2.            By Read Length

8.3.1.2.3.            By Sourcing Type

8.3.1.2.4.            By Application

8.3.1.2.5.            By End User

8.3.2.    Japan NGS Data Storage Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Offerings

8.3.2.2.2.            By Read Length

8.3.2.2.3.            By Sourcing Type

8.3.2.2.4.            By Application

8.3.2.2.5.            By End User

8.3.3.    India NGS Data Storage Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Offerings

8.3.3.2.2.            By Read Length

8.3.3.2.3.            By Sourcing Type

8.3.3.2.4.            By Application

8.3.3.2.5.            By End User

8.3.4.    South Korea NGS Data Storage Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.            By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.            By Offerings

8.3.4.2.2.            By Read Length

8.3.4.2.3.            By Sourcing Type

8.3.4.2.4.            By Application

8.3.4.2.5.            By End User

8.3.5.    Australia NGS Data Storage Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.            By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.            By Offerings

8.3.5.2.2.            By Read Length

8.3.5.2.3.            By Sourcing Type

8.3.5.2.4.            By Application

8.3.5.2.5.            By End User

9.    South America NGS Data Storage Market Outlook

9.1.  Market Size & Forecast        

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Offerings

9.2.2.    By Read Length

9.2.3.    By Sourcing Type

9.2.4.    By Application

9.2.5.    By End User

9.2.6.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil NGS Data Storage Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Offerings

9.3.1.2.2.            By Read Length

9.3.1.2.3.            By Sourcing Type

9.3.1.2.4.            By Application

9.3.1.2.5.            By End User

9.3.2.    Argentina NGS Data Storage Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Offerings

9.3.2.2.2.            By Read Length

9.3.2.2.3.            By Sourcing Type

9.3.2.2.4.            By Application

9.3.2.2.5.            By End User

9.3.3.    Colombia NGS Data Storage Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Offerings

9.3.3.2.2.            By Read Length

9.3.3.2.3.            By Sourcing Type

9.3.3.2.4.            By Application

9.3.3.2.5.            By End User

10.  Middle East and Africa NGS Data Storage Market Outlook

10.1.             Market Size & Forecast         

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Offerings

10.2.2. By Read Length

10.2.3. By Sourcing Type

10.2.4. By Application

10.2.5. By End User

10.2.6. By Country

10.3.             MEA: Country Analysis

10.3.1. UAE NGS Data Storage Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Offerings

10.3.1.2.2.         By Read Length

10.3.1.2.3.         By Sourcing Type

10.3.1.2.4.         By Application

10.3.1.2.5.         By End User

10.3.2. Saudi Arabia NGS Data Storage Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Offerings

10.3.2.2.2.         By Read Length

10.3.2.2.3.         By Sourcing Type

10.3.2.2.4.         By Application

10.3.2.2.5.         By End User

10.3.3. South Africa NGS Data Storage Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Offerings

10.3.3.2.2.         By Read Length

10.3.3.2.3.         By Sourcing Type

10.3.3.2.4.         By Application

10.3.3.2.5.         By End User

11.  Market Dynamics

11.1.             Drivers

11.2.             Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.  Agilent Technologies, Inc.          

13.1.1. Business Overview

 13.1.2. Product Offerings

 13.1.3. Recent Developments

 13.1.4. Financials (In Case of Listed Companies)

 13.1.5. Key Personnel

     13.2. BGI Group

     13.3. DNAnexus, Inc.

     13.4. F. Hoffmann-La Roche Ltd.

     13.5. Illumina, Inc.

     13.6. Perkin Elmer, Inc.

     13.7. Pacific Biosciences of California, Inc.

     13.8. Qumulo, Inc.

     13.9. QIAGEN N.V.

     13.10. Thermo Fisher Scientific, Inc.

14.  Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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Global NGS Data Storage Market is expected to grow at impressive rate on account of growing prevalence of cancer, increasing awareness of NGS technologies, growing volume of genomic data generated by NGS platforms, the increasing adoption of cloud-based storage solutions etc.

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Based on application, the oncology segment is likely to dominate in the forecast period due to the rising prevalence of chronic diseases such as cancer, technology advancement, government policies and initiatives, etc.

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Agilent Technologies, Inc., BGI Group, DNAnexus, Inc., F. Hoffmann-La Roche Ltd., Illumina, Inc., Perkin Elmer, Inc., Pacific Biosciences of California, Inc., Qumulo, Inc., QIAGEN N.V., Thermo Fisher Scientific Inc. etc are some of the leading players operating in the Global NGS Data Storage Market.

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Data security and privacy concerns are expected to hinder the growth of the Global NGS Data Storage Market during the forecast period.

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Sakshi Bajaal

Business Consultant
Press Release

NGS Data Storage Market to grow with a CAGR of 10.12% through 2029

Mar, 2024

Rising prevalence of chronic diseases such as cancer is expected to drive the growth of Global NGS Data Storage Market during the forecast period 2025-2029