Press release
Next Generation Sequencing (NGS) : - Key Industry Dynamics
The Next Generation Sequencing (NGS) market size is projected to reach US$ 34.75 billion by 2031 from US$ 10.00 billion in 2023. The market is expected to register a CAGR of 16.8% during 2023-2031. Increased throughput and reduced costs is likely to remain key trends in the market.Next-generation sequencing (NGS) carries a shift in genomics research, offering unmatched capabilities for analyzing DNA and RNA molecules in a high-throughput and cost-effective manner. This transformation have increased the genomics advancements across diverse domains. Recent advancements have been directed towards reduced costs, faster and more accurate sequencing, and improved data analysis. These holds great promise for unlocking new insights into genomics and improving diseases understanding and personalized healthcare.
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Market leaders and key company profiles
Illumina, Inc.
Thermo Fisher Scientific, Inc.
Qiagen N.V.
Beijing Genomics Institute
Perkinelmer, Inc.
F. Hoffmann-La Roche AG
Agilent Technologies
Eurofins Scientific
Oxford Nanopore Technologies, Ltd.
Macrogen, Inc.
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Contact Person: Ankit Mathur
Sr. Vice President - Research
Phone: +1-646-491-9876
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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The NGS sample preparations determine components in the samples, such as blood, urine, and others, in animals.
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The type of analyzers includes urine analyzers, blood gas & electrolyte analyzers, glucometers, and others used by medical labs, hospitals, and people at home.
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