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The global next generation sequencing market is projected to exhibit a significant growth, at a CAGR of around 16.4%, during the forecast period. The increasing adoption of personalized medicines for the treatment of cancer is augmenting the growth of the next generation sequencing technology market.
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Orion Market Research Next Generation Sequencing Market Share, Trends, Size, Research and Forecast 2019-2025 Request https://www.omrglobal.com/industry-reports/next-generation-sequencing-market a free sample of our report on Next Generation Sequencing Market: ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The global next generation sequencing market is projected to exhibit a significant growth, at a CAGR of around 16.4%, during the forecast period. The increasing adoption of personalized medicines for the treatment of cancer is augmenting the growth of the next generation sequencing technology market. Personalized medicine has the potential to modify therapy with the best response and highest safety margin to ensure better patient care. By enabling these medicines, each patient can receive earlier diagnoses, risk assessments, and optimal treatments. The personalized medicine holds promise for improving healthcare while lowering costs which is expected to be a positive indicator for the growth of the global next generation sequencing market. A https://www.omrglobal.com/industry-reports/next-generation-sequencing-market full report of Next Generation Sequencing Market is available at: The personalized medicine is defined as a point of care in the treatment that is customized as per an individual patient. There have been several types of research going on presently to develop personalized medicine based on the patients. Several factors should be considered before providing personalized medicine to a patient. Primarily, the doctors must detect the type of diseases, such as cancer, or the symptoms of it that can be developed in a patient. Detection of cancer is important for the surgeon or the doctor to find the best-suited therapy that can treat the person. To learn more about this report request a free sample copy @ https://www.omrglobal.com/request- sample/next-generation-sequencing-market For developing of personalized medicine, several genetic tests need to be taken in account as these tests will eventually reveal the various conditions of the patients such as detection of the individual developing a specific type of cancer. The personalized medicine provides an approach to treat the patient based on the age, sex, type of cancer, the reaction towards a drug and other factors. As per the Personalized Medicine Coalition (PMC) 2017 report, around 42% of all compounds and around 73% of oncology compounds in the pipeline have the potential to be included in personalized medicines. The biopharmaceutical companies closely doubled their R&D investment in personalized medicine over the past five years and suppose to increase their investment in the near future. The US FDA has received a significant number of personalized medicines for its approval in the past years. As per the US FDA data, the organization has approved around 21% of personalized medicines in 2014, which rammed up to 34% in 2017. These figures reflect the surging demand for personalized medicines across the globe, promising ample opportunities for the next generation sequencing market.
For more customized data, request for report customization @ https://www.omrglobal.com/report- customization/next-generation-sequencing-market Global Next Generation Sequencing Market-Segmentation By Product Type Reagents and Kits Instruments Services By Technology Pyrosequencing Sequencing by Synthesis (SBS) Sequencing by Ligation (SBL) Whole Genome Sequencing RNA Sequencing Targeted Resequencing Others (Methyl Sequencing) By Application Drug Discovery Genomic Research Disease Diagnostics Personalized Medicine Others (Agricultural and Animal Research) By End-User Academic and Clinical Research Centers Pharmaceutical and Biotechnology Companies Contract Research Organizations (CRO) Hospitals and Clinics
Global Next Generation Sequencing Market– Segment by Region North America United States Canada Europe Germany United Kingdom France Spain Italy Rest of Europe Asia-Pacific China Japan India Rest of Asia-Pacific Rest of the World Middle East & Africa Latin America Company Profiles 10x Genomics, Inc. Agilent Technologies, Inc. Agilent Technologies, Inc. Becton, Dickinson and Co. BGI Group CD Genomics CeGaT GmbH Charles River Laboratories International, Inc. F. Hoffmann-La Roche Ltd.
GENEWIZ Illumina, Inc. Macrogen, Inc. Novogene Corp. Oxford Nanopore Technologies Ltd. Pacific Biosciences of California, Inc. PerkinElmer Inc. Phalanx Biotech Group Qiagen N.V. Thermo Fisher Scientific, Inc. About Orion Market Research Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 7803-040-404