Lucintel’s latest market report analyzed that next generation sequencing provides attractive opportunities in academic institutes & research centers, hospitals & clinics, pharmaceutical & biotechnology companies, and other end users. The next generation sequencing market is expected to grow at a CAGR of 20% to 22%. In this market, diagnostic is the largest segment by application, whereas academic institutes & research centers is largest by end use industry.
Download Brochure of this report by clicking on https://www.lucintel.com/next-generation-sequencing-market.aspx Based on application, the next generation sequencing market is segmented into diagnostics, drug discovery, agriculture & animal research, and other applications. The diagnostic segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to rising number of cancer cases across the world.
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The Next Generation Sequencing Market is marked by the presence of several big and small players. Some of the prominent players offering next generation sequencing include Illumina, Inc., Thermo Fisher Scientific, Inc. BGI Group, PerkinElmer Inc., Macrogen, Hamilton Company, Lucigen, Oxford Nanopore Technologies, Agilent Technologies, Inc., and QIAGEN
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