The global next-generation sequencing (NGS) market is expected to grow at a CAGR of 16.2% from 2019 to reach $10.35 billion by 2025. Next Generation Sequencing (NGS) is a technology used to determine the sequence of nucleotides in a given DNA sample. It enables sequencing of DNA or RNA in a short time and at cheaper costs. The growth in this market is majorly driven by technological advancements in sequencing procedures, surge in genome mapping programs, and increase in drug discovery platforms demanding NGS technology. Further, increasing number of government initiatives for large-scale genomic sequencing projects and emergence of cloud computing as a potential data management service are boosting the adoption of NGS products.
https://www.meticulousresearch.com/product/next-generationg-sequencing-market-5040/
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