Tag Archives: next-generation sequencing (ngs) industry

Next Generation Sequencing (NGS) Market Research Methodology & Competitive Landscape by 2025

5 Dec 2018 – The ****** Next Generation Sequencing Market is anticipated to reach USD 21.4 billion by 2025. NGS market is expected to show a tremendous growth on account of its wide applications in the treatment of cancer. NGS is the process of identifying accurate order of nucleotides within a RNA or a DNA molecule. Advancement of NGS has helped biological and medical discovery and research. It has helped in various applied fields which includes biotechnology, forensic research, virology and medical diagnosis. NGS has made possible sequencing of DNA of various species including the human genome.

Next Generation Sequencing (NGS) Market

Next-Generation Sequencing (Ngs) Market To Benefit From Increased Usage In Life-Science Research

Next Generation Sequencing (NGS), also referred as high throughput sequencing, is a powerful platform that sequences thousands to millions of DNA molecules simultaneously. The ****** next-generation sequencing market size was valued at USD 3.6 Billion in 2015 and is expected to reach USD 22.3 Billion in 2025, growing at a CAGR of over 20% over the forecast period.

Market Outlook:

Soaring automation in the pre-sequencing protocols and utilization of novel platforms for developing personalized medicine at a genetic level by prominent industry leaders are significant factors expected to enhance demand for NGS over the forecast period. Moreover, rising inclination of scientists and drug developers towards the NGS technology for implementing the approach of personalized medicine is anticipated to drive the NGS market through to 2025.