Global Next Generation Sequencing Sample Preparation Market Analysis & Forecast 2024-2034: The Surge of Next Generation Sequencing in Diagnostics and Drug Discovery Fri, May 24, 2024, 12:0...
NETLIST INC (NLST)
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The global next generation sequencing sample preparation market size was estimated to be USD 2.2 billion in 2023 and is expected to reach at USD 8.84 billion by 2034 with a CAGR of 13.48% during the forecast period 2024-2034. Increasing use of Next-Generation Sequencing (NGS) as an alternative to PCR, a rising adoption of NGS for diagnostic purposes, surge in collaborations & partnerships among market players, continuous technical advancements in NGS platforms, a growing prevalence of infectious diseases, an upswing in genomic research, and an increasing introduction of new NGS products are notable factors boosting the market growth. An increasing introduction of new NGS products is predicted to boost the market growth during the forecast period. Traditional sequencing methods have been replaced by NGS technologies, primarily due to their cost-effectiveness and heightened sequencing efficiency. The quick sequencing capability and versatility of NGS make it valuable for research a
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