San Francisco, California, May 04, 2018 – The global next generation sequencing (NGS) data analysis market is anticipated to showcase a healthy growth in the forthcoming years, according to a recently published report by TMR Research. Titled, “Next Generation Sequencing (NGS) Data Analysis Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025,” the report discusses how the perpetual advances in cloud computing and data integration is fuelling the next generation sequencing (NGS) data analysis market.
Next generation sequencing (NGS) is essentially a technology under which innumerable strands of DNA can be sequenced using the method of massive parallelization. This technique is also termed as high throughput sequencing industrially. NGS primarily reduces the need for cloning methods used for DNA fragments in Sanger sequencing methodology. The low cost, high speed, and accuracy along with precision of the results even from a low sample input are the key advantages that NGS technique provides over Sanger’s method of sequencing.
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A vast number of applications in diverse end-use industries such as personalized medicine, oncological research, biomarker discoveries, and animal and agriculture research is providing an efficient thrust to the field of genomics, and especially the arena of next generation sequencing. These are the key considerations creating a positive impact in the global next generation sequencing (NGS) data analysis market, and providing a rich growth opportunity to the same.
Key vendors operating in the global NGS data analysis market are DNAnexus SevenBridges Genomics, Illumina Inc., Bluebee, Omicia Inc., and Station X Inc.