Market Research Report

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NGS Data Storage Market - A Global and Regional Analysis

Focus on Offerings, Read Length, Sourcing Type, Application, End User, and Country Analysis - Analysis and Forecast, 2023-2033

Some Faq's

Frequently Asked Questions

The large amount of NGS data generated through sequencers in laboratories and stored for further process and analysis is referred to as NGS data storage. Using genomic data cloud services, researchers can process, store, analyze, and share large NGS and other genomic datasets with built-in speed and scalability.

Several cloud-based genomic data solutions are offered by companies that are in the process of streamlining the NGS data storage and analysis, thereby increasing overall productivity and working together globally in a secure and cost-effective manner. Several genomic cloud-based providers are Illumina, Inc., Thermo Fisher Scientific, Inc., DNAnexus, Qumulo, and others.

The global NGS data storage market has witnessed major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint venture. According to BIS Research analysis, the majority of the companies preferred partnerships, collaborations, and joint ventures as a strategy to further increase their growth in the market. Companies such as Illumina, Inc., Thermo Fisher Scientific, Inc., QIAGEN N.V., DNAnexus, PacBio., PerkinElmer, Inc., and Fabric Genomics have majorly adopted partnerships, collaborations, and joint venture strategies.

A new entrant can focus on cloud-based software solutions for NGS data storage and analysis as offerings by the established players of the market.

• Extensive competitive benchmarking of the top 10 public as well as private players and two emerging companies
• Market ranking analysis based on product portfolio, recent developments, and regional spread 
• Investment landscape, including product adoption scenario, funding, and marketing strategy

The researchers, pharmaceutical and biotechnology companies, molecular and diagnostic laboratories, and bioinformaticians should purchase this report.