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Next Generation Sequencing Industry Overview | Future Outlook | Forecast To 2024
by rahulkumar38471 · December 10 Mitchell Trubisky Jersey , 2018


Global Next Generation Sequencing (NGS) Data Analysis Market is anticipated to grow significantly in the years to come owing to the developments in the next generation sequencing platforms. Next generation sequencing is also termed as high-throughput sequencing that describes multiple modern sequencing technologies. These modern technologies enable the sequencing of DNA and RNA speedily and inexpensively as compared to the traditional technologies and have transformed the study of molecular biology and genomics.


Next generation sequencing (NGS) data analysis is used in multiple areas like discovery of biomarker, personalized medicine, agricultural & animal research, oncology studies, etc. Hence, the application of next generation sequencing (NGS) data analysis is increasing Anthony Miller Jersey , which is driving the market growth. Next generation sequencing data analysis market is also driven by the increasing application of NSG in technological innovations of NSG. However, the ethical and legal issues concerning NGS is hampering the market growth of next generation sequencing data analysis.


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Nevertheless, the effect of driving factors is expected to overcome the impact of limitations. Moreover, implementation of cloud computing for data management in NGS and unexplored emerging areas is projected to offer new opportunities to the manufacturers of next generation sequencing (NGS) data analysis industry.


NGS data analysis market is categorized on the basis of product, technology, application Roquan Smith Jersey , end user, and geography. On the basis of product, the market is divided into consumables (sample preparation and others), platforms (HiSeq, MiSeq, ion torrent Khalil Mack Jersey , SOLiD, others) and services (data management and sequencing services). Consumables segment is anticipated to lead next generation sequencing data analysis industry due to the introduction of easy-to-use consumables and increasing number of sequencing procedures.