Market Revenue Next Generation Sequencing Market Vendors

Next Generation Sequencing Industry Vendor Landscape and
Market Players Analysis Forecast 2014-2025
“Next Generation Sequencing Market is anticipated to reach USD 21.4 billion
by 2025. NGS market is expected to show a tremendous growth on account of
its wide applications in the treatment of cancer. NGS is the process of
identifying accurate order of nucleotides within a RNA or a DNA molecule.”
The global Next Generation Sequencing Market is anticipated to reach USD 21.4 billion by 2025. NGS market is
expected to show a tremendous growth on account of its wide applications in the treatment of cancer. NGS is
the process of identifying accurate order of nucleotides within a RNA or a DNA molecule. Advancement of NGS
has helped biological and medical discovery and research. It has helped in various applied fields which includes
biotechnology, forensic research, virology and medical diagnosis. NGS has made possible sequencing of DNA of
various species including the human genome.
Introduction of advanced genetic sequencing and development of advance techniques for whole genomes are
the major drivers contributing to the overall market growth. Increasing incidences of cancer and infectious
diseases coupled with aging population is expected to fuel the demand for these technologies. Further, the
overall cost of genome sequencing is expected to reduce drastically on account of rapid development through
research and innovation. High capacity genome sequencing has been contributing significantly towards the
market growth.
NGS has wide applications in the field of exome and genome sequencing. They are widely used in the treatment
of infectious disease and cancer. NGS has shown a key presence in pathogen analysis which has been helpful in
the treatment of infectious diseases. The need for effective diagnosis for cancer and high growing usage of
combinational biomarkers are other factors contributing to the growth of the market in recent years.
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