Emerging Diagnostic Methods To Boost The Growth Of Next Generation Sequencing Market

Next Generation Sequencing Market The global Next Generation Sequencing Market is estimated to be valued at US$ 588.65 Bn in 2023 and is expected to exhibit a CAGR of 18% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Next Generation Sequencing (NGS) refers to the new DNA sequencing technologies that parallelize the sequencing process, producing millions or billions of sequences simultaneously. NGS has revolutionized genomic research and enabled breakthrough insights into human biology and disease. It is used in various applications like cancer diagnosis, genetic disorders diagnosis, reproductive health, drug discovery, agriculture, and more. Advantages of NGS over traditional sequencing methods include high speed and low cost of sequencing. NGS has the potential to deliver personalized medicine by enabling the identification of genomic alterations underlying disease risk and drug response for individual p...