Future Outlook Of The United States Next Generation Sequencing Market Report 2024-32 menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
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The Global Next-generation Sequencing Market was valued at USD 8206.75 Million in 2019 and is projected to grow at a CAGR of 19.59% during the forecast period.
Enhancing regulatory framework for next-generation sequencing based tests for diagnostics is the key factor for the growth of the Global Next-generation Sequencing Market during the forecast period.
Moreover, advancements in next-generation sequencing coupled with reduction in the price of NGS platforms are some other major factors that are anticipated to bolster the growth of the Global Next-generation Sequencing Market over the coming years. However, some of the factors that might act as major impediments to the growth of the Global Next-generation Sequencing Market includes concerns pertaining to the standards of NGS based diagnostics.