Next Generation Sequencing Market: Global Industry Size, Growth, Analysis, Outlook and Forecast 2016-2022 – Brisk Insights

According to a recently published report, the Next Generation Sequencing Market is expected to grow by 21.2% CAGR during 2015-2022. The segmentation of global next generation sequencing market is based on end user, application, product & services, technology and geography. The report on global next generation sequencing market forecast 2015-2022 (by end user, application, product & services, technology and geography) provides detailed overview and predictive analysis of the market.

Detailed study on this Report: http://www.briskinsights.com/report/next-generation-sequencing-market

The global next generation sequencing market has been estimated to grow with and impressive rate in the forecasted period. There are number of factors driving the market positively such as technological advancement in the products of NGS, widening application of the NGS, escalating incidences of next generation sequencing, the enhanced management &control of next generation sequencing etc.

Though the market is subject to the potential growth but yet it has to face the several restraints such as precision & standardization distresses in diagnostic testing and dearth of skilled professionals. The rising demand for the personalized medicine & biomarker discovery exposed are the key opportunities available in the global market. Various initiatives have been taken by different countries for the development of personalized medicines. In 2015,it has been announced that a country will be investing $215 million for the development of personalized medicines. The personalized medicines are used to cure so many diseases but the major share is hold by oncology i.e. of38%, psychiatry by 17%, infectious diseases by 10%, cardiology by 7%, Endocrinology by 6%, Neurology by 6%, gastroenterology by 5% and others accounts to 11%. The increasing use of personalized medicines has ultimately increased the scope of the market and at the same time creating huge & new opportunities forthe next generation...