Next Generation Sequencing Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

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REPORT DESCRIPTION

Next generation sequencing (NGS) also known as high-throughput sequencing enables scientists to

sequence and assemble billions of short DNA reads. The advent of next generation sequencing

technologies has brought significant changes in the sequencing process by providing high throughput,

speed, flexibility and reduced sequencing cost over thousand folds. NGS has ability to generate hundreds

of gigabases of nucleotide sequence data in a single sequencing run. The technology is emerging at a

rapid rate due to its growing adoption in clinical applications as it allows scanning of whole genomes or

targeted genomes in less span of time. In addition, reduction in cost of sequencing has also expanded the

usage of next generation sequencing in variety of clinical applications. The technique has imparted its

usage in various clinical applications such as cancer, inherited genetic disorders, HLA typing and

identification of infectious diseases. For instance, NGS has been used for tracing hospital acquired

infections and tuberculosis outbreaks.

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The market for next generation sequencing can be segmented based on technology, application, end-users

and geography. The application section can be categorized into drug discovery, personalized medicines,

biomarker discovery, diagnostics and others (agriculture, animal, marine and...