Profound Ramp up in Agricultural Production using NGS Technology Fosters Growth in Global NGS Sample Preparation Market, Technology to Benefit Animal Sciences as Well, TMR - Seite 2
The global NGS sample preparation market was worth around US$ 758.5 Mn in 2019. From 2020 to 2030, the market is expected to clock stellar growth at ~16 % CAGR. The production of items that allow the creation of high-quality libraries of appropriate quality and even the output for effective sequencing can be attributed to such rise in revenue.
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Key Findings of Market Report
- Emergence of Microfluidic Devices to Accelerate Growth of the Market
Next-generation sequencing (NGS) is witnessing a dramatic transformation. It is moving from a research-based technique to one that is utilized in various clinical diagnostics. Firms, on the other hand, face challenges in library planning and various automation techniques. Pipetting workstations have been discovered to allow high throughput processing whilst limiting versatility during procedures. As a result of this, microfluidic solutions have emerged, which hold a lot of promise due to their low cost of investment and miniaturisation.
For automation, microfluidic devices are being utilized. Microfluidic devices, on the other hand, are relatively recent, with only a few being commercialised. As a result, businesses in the global NGS sample preparation market are collaborating with educational institutions to progress in the sector of microfluidic systems and pipetting workstations, with the purpose of evaluating their use in library preparation protocols.
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- High Demand for Use in Agricultural Production to Pave Way for Rapid Market Growth
In addition to medical services, companies in the global NGS sample preparation market are expanding their revenue sources by pursuing incremental opportunities in animal science and agriculture sectors. NGS is transforming agricultural production whilst also assisting in the evaluation of its effect on the soil microbiomes, water, air, gut, and health of human beings. Firms in the global NGS sample preparation market are stepping up their efforts to figure out new genes of disease in animals suffering from multigenic disorders. NGS is also assisting in tracing the origins of plant diseases and recommending ways to eradicate them.