Why the Global NGS Library Preparation Market is growing


Posted August 17, 2019 by andrewthomas

It’s for all of these reasons why the Global NGS Library Preparation Market is experiencing growth, and according to a new Research On Global Markets report will be valued at USD 1.33 Bn by 2023.
 
Raw genome sequencing, and sorting millions of DNA fragments is intensive as it is groundbreaking. The science research teams that do this kind of work require the best tools out there and there’s a reason for that as well.

Apart from research purposes, such NGS Library Preparation tools are essential to the facilitation of genetic tests, the prevalence of cancer and the increasing use of precision medicine throughout oncological fields. It’s for all of these reasons why the Global NGS Library Preparation Market is experiencing growth, and according to a new Research On Global Markets report will be valued at USD 1.33 Bn by 2023.

The biggest buyers are still the research and clinical diagnostics, segments, only because this is where NGS tools, work station, devices, and consumables are used the most. Most of the technology bought by either segment plays an important part in the work they do like agri-genomics, oncology, neurosciences, immune-oncology research, drug discovery and microbial genomics. Then there are additional uses of these tools, though not as dominant, in pharmaceutical research, contract research organizations and biotechnological companies.

The report also found that, based on application, it is the small RNA sequencing market that has the highest CAGR of 14.1%, owing to how critical it is as a biomarker, and the role it plays in the treatment of brain and nervous issues.

To view a detailed description and Table of Contents please visit: https://www.researchonglobalmarkets.com/global-ngs-library-preparation-market-2018-2023.html

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Profile of well-known companies in the NGS Library Preparation field like Qiagen NV, Illumina, Inc., Thermo Fisher Scientific, Inc, Bio-Rad Laboratories, Inc., Roche Holding AG, New England Biolabs Inc., Epigentek Group Inc., and Meridian Biosciences Inc.
A future outlook and answers to critical queries backed by data ad key observations.
A regional wise overview of the market along with historical and forecasted market size.
A global wise overview of the market along with historical and forecasted market size, along with annual revenues earned and market attractiveness analysis.
Segmentation of the global and regional wise markets based on areas, product types, and application.

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Last Updated August 17, 2019