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Third Generation Sequencing Market

Third-generation sequencing refers to a set of advanced DNA sequencing technologies that have emerged following the first-generation Sanger sequencing and second-generation sequencing methods.

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Third Generation Sequencing Market

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  1. Third Generation Sequencing Market Market Size (2023) US$ 8.93BN CAGR (2023–2030) 13.1% Market Size (2030) US$ 23.92BN

  2. Segmentation (Scope) By Product & Application By Technology • Instruments • Single-Molecule • Real-Time (SMRT) Sequencing • Reagents and Consumables • Nanopore Sequencing • Services • Others • Genome Sequencing • Epigenetics • Transcriptomics • Metagenomics • Others © Coherent Market Insights. All Rights Reserved

  3. Key Facts • Third-generation sequencing refers to a set of DNA sequencing technologies that offer significant advancements over traditional methods like Sanger sequencing and second-generation sequencing (e.g., Illumina sequencing). • One of the major advantages of third-generation sequencing is the ability to sequence DNA directly, without the need for amplification or PCR, reducing biases and errors introduced during amplification steps. © Coherent Market Insights. All Rights Reserved

  4. Market Purview • Longer Read Lengths: TGS technologies offer significantly longer read lengths compared to traditional second-generation sequencing methods. • Real-Time Sequencing: TGS platforms provide real-time sequencing capabilities, allowing researchers to monitor the sequencing process as it happens. © Coherent Market Insights. All Rights Reserved

  5. Few Leading Companies Pacific Biosciences of California, Inc. Oxford Nanopore Technologies, Ltd. BGI Genomics Co., Ltd. F. Hoffmann-La Roche AG © Coherent Market Insights. All Rights Reserved

  6. Third Generation Sequencing Market Key features of the study: • This report provides in-depth analysis of the global third generation sequencing market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year. • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market. • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players. © Coherent Market Insights. All Rights Reserved

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