Global Clinical Next-Generation Sequencing market cagr 11.7%

Clinical NextGeneration Sequencing Market

Clinical Next-Generation Sequencing Market Scope:

Industry Analysis, Market Size, Growth, Trends Till

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2031

Clinical Next-Generation Sequencing Market Size and Growth

The global Clinical Next-Generation Sequencing market is predicted to reach a value of $10.6 billion by 2026, with a compound annual growth rate of 13.2%. Market drivers include increasing demand for precision medicine and advancements in NGS technology. Key players in the market include Illumina, Thermo Fisher Scientific, and Pacific Biosciences.

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Companies Covered

(Covid 19 Impact Covered)

◍ Thermo Fisher Scientific

◍ PerkinElmer

◍ Illumina

◍ Beckman Coulter

◍ GATC Biotech

◍ Qiagen

The Clinical Next-Generation Sequencing Market is highly competitive with key players like Thermo Fisher Scientific, PerkinElmer, Illumina, Beckman Coulter, GATC Biotech, and Qiagen dominating the space. These companies provide NGS solutions for various clinical applications, contributing to market growth. Sales revenue figures: Illumina ($3.54B), Thermo Fisher Scientific ($34.1B), Qiagen ($1.53B).

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Market Segmentation

By Application

◍ Hospitals and Clinics

◍ Biopharma Companies

◍ Academic and Research Organizations

◍ Others

By Product

◍ Targeted Sequencing

◍ Exome Sequencing

◍ Others

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Market Growth

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$ X Billion USD

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Global Clinical Next-Generation Sequencing market cagr 11.7%

Published on May 21, 2024

ReportPrime

The global Clinical Next-Generation Sequencing market size is expected to experience a CAGR of 11.7% through 2024 - 2031, according to industry projections. Key Question Covered in this Clinical Next-Generation Sequencing Market Research Report What is the Clinical Next-Generation Sequencing market size, and what is the expected growth rate? What are the key drivers and market challenges in the market? Who are the major players in the Clinical Next-Generation Sequencing market, and what are their market shares? What are the major market trends and opportunities in the market? What are the key customer segments and their buying behavior? What are the major geographical regions contributing to the market growth?