The global Next Generation Sequencing market was valued at USD 8.26 Billion in 2022 and growing at a CAGR of 19.24% from 2023 to 2032. The market is expected to reach USD 48.01 Billion by 2032. The next-generation sequencing technologies (NGS) market has grown significantly since it was first commercialized. This technology is massively parallel, providing ultra-high scalability, throughput and speed. It is used for finding the ordering of nucleotides in the targeted areas of DNA or RNA or complete genomes.
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