Next generation sequencing Market: Overview Next
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Next Generation Sequencing (NGS) has enabled the sequencing of thousands to millions of DNA molecules at the same time. This powerful tool, by offering a high throughput option with the capability to sequence multiple individuals simultaneously has completely changed certain fields such as genetic diseases, clinical diagnostics and personalized medicine.
Next generation sequencing technologies have brought considerable changes in the sequencing process by providing high throughput, speed, flexibility and also by decreasing the overall cost. This sequencing tool when programmed can help to generate hundreds of nucleotide sequence data in a single sequencing run. The Next Generation Sequencing technology has grown substantially due to the growing adoption in clinical applications in whole genomes or targeted genomes sequencing. The Next Generation Sequencing technology has clinical applications in field like cancer and cancer related disorders, identification of infectious diseases, inherited genetic disorders.
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Next generation sequencing Market: Key Trends
The global next generation sequencing market is expected to register a double digit CAGR in the forecast period between 2019- 2023.
Key Benefits of Next Generation Sequencing Market:
• The study provides an in-depth analysis of the global next generation sequencing market, with current trends and future estimations to elucidate the imminent investment pockets.
• A quantitative analysis from 2014 to 2022 to enable the stakeholders to capitalize on prevailing market opportunities is discussed.
• Key market players are profiled and their strategies are analyzed thoroughly, which helps understand competitive outlook of the market.
• Porters Five Forces model interprets the bargaining power of suppliers & buyers, threat of new entrants & substitutes, and competition among the key players.
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