Next Generation Sequencing Market 2030: Transforming Clinical Diagnostics and Patient Care
Next Generation Sequencing Market Growth & Trends The global next generation sequencing market size is estimated at USD 33.15 billion in 2030 and is expected to grow at a compound annual growth rate (CAGR) of 21.7% 2024 to 2030. Next-generation Sequencing (NGS) is a parallel processing technique that can establish the sequence of nucleotides in a whole genome with scalability, ultra-high capacity, and fast speed. Furthermore, in the healthcare industry, NGS is gradually being incorporated into medical laboratory research, screening, and disease diagnoses. In personalized medicine, it has been frequently utilized to accelerate the drug research process. Different potential sequencing methods such as RNA sequencing, whole-genome sequencing, and whole-exome and targeted sequencing amongst others are prominently used by researchers to get comprehensive sample analysis. When compared to the traditional Sanger sequencing technology, NGS is less expensive and pro...