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Asia Pacific Next Generation Sequencing Market is expected to reach US$ 5,835.6 Million by 2027 with CAGR of 21.8%.

Biotechnology is technology that utilizes biological systems, living organisms or parts of this to develop or create different products. Brewing and baking bread are examples of processes that fall within the concept of biotechnology (use of yeast (= living organism) to produce the desired product).

By SMN Bureau
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Next Generation Sequencing, Massively Parallel or Deep Sequencing is related terms for DNA sequencing technology that revolutionized genomics research. NGS allows you to sequence the entire human genome in one day. According to the report by Business Market Insights, Asia Pacific Next Generation Sequencing Market is expected to reach US$ 5,835.6 Million by 2027 with CAGR of 21.8%.

Biotechnology is technology that utilizes biological systems, living organisms or parts of this to develop or create different products. Brewing and baking bread are examples of processes that fall within the concept of biotechnology (use of yeast (= living organism) to produce the desired product).

The Asia Pacific Next Generation Sequencing Market is growing along with the Biotechnology industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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Advancement in the field of molecular biology has equally enhanced the sequencing procedures. Many industry players have come up with innovative NGS technology in last few years. Further modification and automation of this process continued to increase sequencing data and time reduction. There by allowing researchers to reach major milestones in the Human Genome Project. NGS makes sequence based gene expression analysis a ‘digital’ alternative to analog techniques. It also aids in quantifying RNA expression with the breadth of a microarray and the resolution of PCR.

These factors are expected to offer broad growth opportunities in the Biotechnology industry and this is expected to cause the demand for immunochemistry assays in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

Asia Pacific Next Generation Sequencing – MARKET SEGMENTATION

By Product

  • Consumables
  • Services
  • Platforms

By Technology

  • Genome Sequencing
  • Exome Sequencing
  • Resequencing & Targeted Sequencing
  • Others

By Application

  • Diagnostics
  • Drug Discovery
  • Precision Medicine
  • Other

By End User

  • Academic and Research Institutes
  • Hospitals and Clinics
  • Pharmaceutical and Biotechnology Companies
  • Others

By Geography

  • Asia Pacific
  • China
  • India
  • Japan

Company Profiles

  • Qiagen N.V.
  • Beijing Genomics Institute
  • PerkinElmer, Inc.
  • F.Hoffman-La Roche Ltd.
  • Agilent Technologies
  • Eurofins Scientific
  • Oxford Nanopore Technologies Ltd.
  • Macrogen Inc.

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About Business Market Insights

Based in New York, Business Market Insights is a one-stop destination for in-depth market research reports from various industries including Technology, Media & Telecommunications, Semiconductor & Electronics, Aerospace & Defense, Automotive & Transportation, Biotechnology, Healthcare IT, Manufacturing & Construction, Medical Device, and Chemicals & Materials. The clients include corporate and academic professionals, consulting, research firms, PEVC firms, and professional services firms.

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E-Mail : sales@businessmarketinsights.com

 

Tags Asia Pacific Next Generation Sequencing Market Asia Pacific Next Generation Sequencing Market size Asia Pacific Next Generation Sequencing Market share Asia Pacific Next Generation Sequencing Market reports Asia Pacific Next Generation Sequencing Market forecast Asia Pacific Next Generation Sequencing Market application

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