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Global Next Generation Sequencing Market 2023 Key Players Analysis, Demands, Trend, value,Volume, Sales, Growth rate and Forecasts to 2033
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The next generation sequencing market is anticipated to benefit from rising investments in research & development in the fields of genomics, proteomics, and metabolomics. In the upcoming years, the next generation sequencing market is most expected to grow as a result of new products and services being introduced by major market participants. Additionally, the demand for next-generation sequencing is rising as more researchers and pharmaceutical companies turn to this approach to learn more about the genetic organisation of numerous organisms.
Some of the potential for the global next generation sequencing market include pre-sequencing, NGS bioinformatics solutions, cloud computing, and an increase in the expansion of personal medications. However, some of the difficulties facing the worldwide industry for next-generation sequencing include the storage and handling of the massive amounts of data created by sequencing and its interpretation. Increasing levels of collaboration and the introduction of new products are two trends in the global market for next-generation sequencing.
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Next Generation Sequencing Market: Segmentation
On the basis of Application
Whole-genome Sequencing
Exome Sequencing
Targeted Resequencing
De Novo Sequencing
RNA Sequencing
ChIP Sequencing
Methyl Sequencing
Others
On the basis of technology
Targeted Sequencing & Resequencing
Whole Genome Sequencing
Whole Exome Sequencing
On the basis of end user
Academic Research institutes
Clinical Research Institutes
Hospitals & Clinics
Pharmaceutical & Biotechnology companies
Others
On the basis of Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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Next Generation Sequencing Market: Dynamics
Increasing population, increasing incidences of cancer and transmissible diseases are expected to boost the next generation sequencing market attributing to the increased applications of next generation sequencing in the field of oncology and transmissible diseases.
The use of next generation sequencing in developing the personalized medicines at a genetic level, is projected to enhance the demand for next generation sequencing during the coming years.
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