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Next Generation Sequencing (NGS) Market 2028

Next Generation Sequencing Market by Product (Consumables, Platforms, Services, and Nerve Blockers), Application (Diagnostics, Biomarkers and Cancer, Reproductive Health, Personalized Medicine, Agriculture and Animal Research, and Other Applications), Technology (Sequencing by Synthesis, Ion Semiconductor Sequencing, Pyrosequencing, Single Molecule Real Time Sequencing, and Other Technologies)

The global market for next-generation sequencing (NGS) is expected to grow at a CAGR of 16.2 percent from 2019 to $10.35 billion by 2025.

Next Generation Sequencing (NGS) is a technique for determining the nucleotide sequence in a DNA sample. It allows for the rapid and low-cost sequencing of DNA or RNA. This market's expansion is being driven primarily by technological advancements in sequencing procedures, an increase in genome mapping programmes, and an increase in drug discovery platforms that require NGS technology. Furthermore, the growing number of government initiatives for large-scale genomic sequencing projects, as well as the emergence of cloud computing as a potential data management service, are driving NGS product adoption.

Download Research PDF :- https://www.meticulousresearch.com/request-sample-report/cp_id=5040

The study categorizes the next-generation sequencing market into the following segments and subsegments:

BY PRODUCT

Exome & Targeted Resequencing & Custom Panels

Whole-Genome Sequencing & De Novo Sequencing

RNA Sequencing

Other Sequencing Services

Library Preparation & Target Enrichment

Quality Control

Novaseq Systems

Nextseq Systems

Miseq Systems

Miniseq Systems

iSeq Systems

ION PGM Systems

ION Proton Systems

ION Genestudio Systems

Ion Torrent Genexus Systems

Data Analysis Services

NGS Data Analysis Software & Workbenches

NGS Storage, Management, & Cloud Computing Solutions

BY TECHNOLOGY

Sequencing by Synthesis

ION Semiconductor Sequencing

Nanopore Sequencing

Single-Molecule Real-Time Sequencing

Other Technologies

BY APPLICATION

Cancer Diagnostics

Infectious Disease Diagnostics

Reproductive Health Diagnostics

Other Diagnostic Applications

BY END USER

Academic Institutes & Research Centers

Pharmaceutical & Biotechnology Companies

Hospitals & Clinics

Other End Users

BY REGION

Canada

Germany

France

Italy

Spain

Netherlands

Rest of Europe

China

Japan

India

Australia

Rest of Asia Pacific

Brazil

Mexico

Rest of Latin America

Insights into End-Use Industry

In 2020, the academic research end-use segment held the largest share of more than 53%. From 2021 to 2028, the segment is expected to grow at a steady CAGR. This expansion can be attributed to the use of NGS solutions in research projects conducted at universities and research centres. Furthermore, scholarships for Ph.D. projects in NGS are expected to drive demand for NGS products and services, resulting in profitable growth over the next few years.

Get More Insights :- https://www.meticulousresearch.com/product/next-generationg-sequencing-market-5040

Furthermore, countries such as Germany and the United Kingdom have a number of universities that provide NGS applications and molecular biology courses. For instance, the Wageningen University & Research, the Netherlands offers NGS facilities and technologies that can be used in various applications.

The Report Answers The Following Key Questions:

· How do advances in sequencing technologies influence the adoption of NGS products?

· How are the industry's leaders incorporating technological advancements into their products?

· Who are the top competitors in this market and what strategies do they employ to gain shares?

· What is driving growth and which market segments have the most potential for revenue expansion over the forecast period?

· What are the major drivers, restraints, opportunities, challenges, and trends in the global next-generation sequencing market?

· Who are the major players in various countries and what share of the global market do they hold?

Contact: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. USA: +1-646-781-8004 Europe : +44-203-868-8738 APAC: +91 744-7780008 Email- [email protected]

#Meticulous Market Research #NGS facilitie #next-generation sequencing market

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