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Next Generation Sequencing Market Is Anticipated To Grow To $14.0 Billion By 2024 Business Articles | July 13, 2016

New Market Research Reports Title “Next Generation Sequencing Market Analysis Size and Segment Forecasts to 2024” Has Been Added to Grand View Research Report Database



The global?next generation sequencing market?is anticipated to reach USD 14.0 billion by 2024, according to a new report by Grand View Research Cheap Willy Caballero Jersey , Inc. Growing adoption of next generation sequencing techniques for prognosis and treatment monitoring of different chronic diseases such as cancer and other pathogenic infections is one of the high impact rendering driver for progress in this industry.


Application of genome and exome sequencing in the field of cancer research for companion diagnostics and biomarker development are expected to contribute towards the growth of this market throughout the forecast period.


Moreover, anticipated exponential decrease in the prices of genome sequence determination coupled with the launch of novel platforms and whole genome sequencers by major market players is expected to have a significant positive impact on the market penetration of various NGS applications.