Next-generation Sequencing Services Market Sets the Table for Continued Growth

Global Next-generation Sequencing Services Market Report from Archive Market Research highlights deep analysis on market characteristics, sizing, estimates and growth by segmentation, regional breakdowns & country along with competitive landscape, player's market shares, and strategies that are key in the market. The exploration provides a 360° view and insights, highlighting major outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. In addition, the study helps venture or private players in understanding the companies in more detail to make better informed decisions. Some of the Major Players in This Report are Quest Diagnostics Incorporated, ARUP Laboratories, Applied Biological Materials, Inc. (abm), Novogene Co, Ltd., Azenta Life Sciences (GENEWIZ), NanoString, Illumina, Inc., PacBio,Veritas, BGI (Beijing Genomics Institute), Gene by Gene Ltd., Lucigen Corporation

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The Next-generation Sequencing Services Market size was valued at USD 7.18 billion in 2023 and is projected to reach USD 30.03 billion by 2032, exhibiting a CAGR of 22.68 % during the forecasts period. Next Generation Sequencing Services (NGS) refers to a series of advanced genomic sequencing technologies that enable rapid and comprehensive analysis of DNA and RNA sequences. Unlike traditional sequencing methods, NGS can process millions of sequences simultaneously, making it a powerful tool for various applications such as genetic research, clinical diagnostics, personalized medicine and biotechnology. The NGS market is booming due to increasing demand for precision medicine, advances in genomics, and decreasing sequencing costs. The biggest players in the market are Illumina, Thermo Fisher Scientific and BGI, which offer different platforms and services. In addition, the integration of artificial intelligence and machine learning will increase the accuracy and efficiency of NGS data analysis in genomic studies. The market is further supported by government initiatives and funding for genomic research, as well as the increasing prevalence of genetic disorders and cancer. As technology develops, the scope of NGS services should expand and become more accessible and relevant in various fields of science and medicine.

Major Players in This Report Include: Quest Diagnostics Incorporated, ARUP Laboratories, Applied Biological Materials, Inc. (abm), Novogene Co, Ltd., Azenta Life Sciences (GENEWIZ), NanoString, Illumina, Inc., PacBio,Veritas, BGI (Beijing Genomics Institute), Gene by Gene Ltd., Lucigen Corporation

1. Driving Forces:
Growing demand for personalized healthcare
Technological advancements in sequencing platforms
Government funding for research and development
Ethical and regulatory considerations

2. Emerging Trends:
Single-cell sequencing
Long-read sequencing
Artificial intelligence and machine learning for data analysis

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In this research study, the prime factors that are impelling the growth of the Global Next-generation Sequencing Services market report have been studied thoroughly in a bid to estimate the overall value and the size of this market by the end of the forecast period. The impact of the driving forces, limitations, challenges, and opportunities has been examined extensively. The key trends that manage the interest of the customers have also been interpreted accurately for the benefit of the readers.

The Next-generation Sequencing Services market study is being classified {"Service Type: Human Genome Sequencing, Gene Regulation Services

The report concludes with in-depth details on the business operations and financial structure of leading vendors in the Global Next-generation Sequencing Services market report, Overview of Key trends in the past and present are in reports that are reported to be beneficial for companies looking for venture businesses in this market. Information about the various marketing channels and well-known distributors in this market was also provided here. This study serves as a rich guide for established players and new players in this market.

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Extracts from Table of Contents
Next-generation Sequencing Services Market Research Report
Chapter 1 Next-generation Sequencing Services Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
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This report also analyses the regulatory framework of the Global Markets Next-generation Sequencing Services Market Report to inform stakeholders about the various norms, regulations, this can have an impact. It also collects in-depth information from the detailed primary and secondary research techniques analysed using the most efficient analysis tools. Based on the statistics gained from this systematic study, market research provides estimates for market participants and readers.

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