Next-Generation Sequencing Market Size, Share | Exactitude Consultancy Reports

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Exactitude Consultancy Latest Published Next-Generation Sequencing Market Research Report by Product & Service (Consumables, Platforms, Services, Bioinformatics), by Technology (SBS, SMRT), by Application (Diagnostic, Drug Discovery, Agriculture), by End User (Pharma, Biotech, Academic) and by Region, Global trends and forecast from 2019 to 2028

By application, the global next-generation sequencing market is distributed into diagnostics, drug discovery, biomarker discovery, agriculture & animal research, and others. Global next-generation sequencing (NGS) services market for the diagnostics segment is dominated to be fastest-growing over the coming years. NGS is extensively utilized in diagnostics as on NGS platforms it is possible to perform a parallel sequencing of different target regions. The benefit provided by the NGS approach is based on its ability to deliver a clinical diagnosis in a short time. It is utilized in diagnostics of number of medical conditions including infectious diseases, immune disorders, human hereditary disorders, and non-invasive prenatal diagnoses.

The global next-generation sequencing market is expected to grow at 18 % CAGR from 2019 to 2028. It is expected to reach above USD 32.81 billion by 2028 from USD 7.39 billion in 2019.

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