Tag Archives: next-generation sequencing (ngs) market

Next-Generation Sequencing (NGS) Market : High Throughput Sequenced & Enhanced Technological Healthcare

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.