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Global Next-Generation Sequencing (NGS) Market 2024

https://www.bharatbook.com

The Global Next-Generation Sequencing Market is projected to reach USD 16.35 billion by 2024 from USD 5.70 billion in 2018, at a CAGR of 19.2%. Factors such as advancements in NGS platforms, declining NGS capital cost coupled with decreasing cost of sequencing, improving regulatory & reimbursement scenario for NGS-based diagnostic tests, initiatives from government & private bodies for large-scale sequencing projects, and increasing application of NGS in precision medicine & molecular diagnostics are expected to propel the growth of this market. However, end-user budget constraints in developing nations are expected to restrain the growth of the next-generation sequencing market in the forecast period.

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Created by aadolfst01 1 year 15 weeks ago – Made popular 1 year 15 weeks ago
Category: Business   Tags:

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