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According to IMARC Group’s latest report, titled “ Next-Generation Sequencing (NGS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, the global next-generation sequencing (NGS) market size reached US$ 17.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.9 Billion by 2028, exhibiting a growth rate (CAGR) of 18.5% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form. Industry Definition and Application: Next-generation sequencing (NGS), also known as high-throughput sequencing, is a revolutionary technology that has enabled the sequencing of millions to billions of DNA molecules simultaneously. Unlike the first-generation sequencing method, Sanger sequencing, which analyzes one DNA fragment at a time, NGS rapidly sequences large stretches of DNA or even whole genomes. Next-gen...

IMARC Group has recently released a new research study titled “ Next-Generation Sequencing (NGS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form. Market Overview: The global next-generation sequencing (NGS) market size reached US$ 17.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 48.9 Billion by 2028, exhibiting a growth rate (CAGR) of 18.5% during 2023-2028. Next-generation sequencing (NGS) is a parallel sequencing technique that provides extremely high throughput, scalability, and speed. The nucleotide sequence of entire genomes or specific DNA or RNA portions can al...

According to IMARC Group’s latest report, titled “ Next-Generation Sequencing (NGS) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the global next-generation sequencing (NGS) market size reached US$ 13.82 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 40.25 Billion by 2027, exhibiting at a CAGR of 19.5% during 2022-2027. Year Considered to Estimate the Market Size: Base Year of the Analysis: 2021 Historical Period: 2016-2021 Forecast Period: 2022-2027 Next-generation sequencing (NGS) is a parallel sequencing technique that provides extremely high throughput, scalability, and speed. This approach can also ascertain the nucleotide sequence of entire genomes or specific deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) portions. It involves various procedures, including single-molecule real-time (SMRT), sequencing by synthesis (SBS) and ion semiconductor, and nanopore sequencing. It allows the simultaneous exa...