Global Next Generation Sequencing (NGS) Informatics/Software Market to Reach $868.6 Million by 2020
Summary
However, decrease in capital expenditure from academic institutions, high reliability on grants and funds from various government bodies, and accuracy and standardization concern in diagnostic testing hinders the growth of this market to some extent.On the other hand, the Asian market, especially India and China, is expected to witness a boost in demand for NGS software market and are poised to register maximum growth over the next five-six years, as a result of their economic development, increasing genetic research and development activities, drastically reduced mass scale genetic testing costs, and the growing focus of the major players in this region.The key players in the global NGS informatics/software market are BGI International, Beckman Coulter Genomics Inc. (a Danaher Corporation Company), Bina Technologies Inc. (a Roche Company), Biomatters Ltd., DNASTAR Inc., Genomatix Software GmbH, Qiagen N.V., Illumina Inc., Thermo Fisher Scientific Inc., Partek Incorporated, PerkinElmer Inc., Knome Inc., Real Time Genomics Inc., SoftGenetics LLC, GenoLogics Life Sciences Software, Inc., BioTeam, Inc., Amazon Web Services (an Amazon.com Company), EMC Corporation, and IBM Inc. Key questions answered in the report- - Which are the high growth market segments in terms of NGS informatics/software product and services,applications, end-users, regions, and countries?We are one of the leading market research and consulting company focusing on medical devices, biotechnology, healthcare IT, pharmaceuticals, food and beverages, and agriculture domains.We focus on client satisfaction by delivering excellent market research solutions which help organizations to adapt, sustain, and grow in the changing business environment.