Next Generation Sequencing Market Size, Companies Share, Trends, Demand and Growth by 2025
According to IMARC Group’s latest report, titled “ Next-Generation Sequencing (NGS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025 ”, the global next generation sequencing market is expanding at a CAGR of 17% during 2020-2025. Next-generation sequencing refers to the process of determining the sequence of nucleotides in DNA. It involves various procedures, such as sequencing by synthesis (SBS), ion semiconductor sequencing, nanopore sequencing, and single-molecule real-time (SMRT) sequencing. Next-generation sequencing is a cost-effective solution that offers faster and highly precise results. This enables the analysis of millions of DNA molecules, which facilitates research activities in the fields of personalized and genetic medicines, agriculture and animal research, and clinical diagnostics. The growing prevalence of chronic diseases, such as cancer, along with several technological advancements in the field of medical sciences are pri...