Researchnews24
on May 20, 2022
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NGS Sample Preparation Market Is Set To Reach $5,501.2 Million by 2030
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The global NGS sample preparation market was worth around $1,598.8 million in 2021, and it is expected to reach $5,501.2 million by 2030, growing at a CAGR of 14.7% from 2021 to 2030. Due to the rise in medical research activities and the presence of prominent technology suppliers, the APAC market is expected to archive the fastest growth in the near future. Next-generation sequencing (NGS) is a high-throughput technology that may be used to learn about any organism at the transcriptomic, genomic, or epigenetic level.
The pandemic has had a positive influence on the market. To study the virus's structure, the genomic sequence of its etiological agent had to be rebuilt right away. Furthermore, the testing procedure for virus-infected persons has become easier owing to NGS, allowing healthcare experts to create tailored medications for their treatment.
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