Next-Generation Sequencing (NGS) Market Size, Share, Growth and Industry Report 2023-2028
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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...