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Next Generation Sequencing Market to Soar with Rising Personalized Medicine Demand

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  Next Generation Sequencing Market Next generation sequencing (NGS), also referred to as high throughput sequencing, refers to the new sequencing technologies including sequencing-by-synthesis, real-time sequencing, and sequencing-by-ligation. This technology allows DNA and RNA to be sequenced massively in parallel. NGS technology has revolutionized genomics research and enabled the sequencing of complete genomes more quickly and cost-effectively in comparison to traditional Sanger sequencing. NGS finds wide applications in various fields including oncology, reproductive health, pharmacogenetics, metabolic disorders diagnosis testing, agriculture, and microbiology research. The global next generation sequencing market is estimated to be valued at US$ 678.13 Mn in 2024 and is expected to exhibit a CAGR of 5.2% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the next generation sequencing market are Canopy Growth Corporation, Aurora Cannabis, Til...

Genomics Market is Anticipated to Witness High Growth Owing to Increasing Investment in Genomics Research

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  Genomics Market The global genomics market is projected to grow at a significant rate during the forecast period. Genomics refers to the scientific study of genomes which are the complete set of genetic instructions for a living organism. It involves locating and sequencing human genes and determining their functions. The increasing application of genomics in agricultural biotechnology, precision medicine, drug discovery, and clinical diagnostics is anticipated to drive the growth of the genomics market. Some of the key advantages of genomics include enabling personalized treatment based on genomic data, increasing accuracy of clinical diagnosis, and speeding up drug discovery and development process. The growing need to integrate genomics into healthcare to achieve precision medicine is fueling the demand for genomics products and services. Additionally, increasing funding and grants for Genomics Market Growth from government and private organizations across the globe is prop...

Digital Genome Market is Anticipated to Witness High Growth Owing to Growing Applications in Precision Medicine

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Digital Genome Market The digital genome market involves products and services related to sequencing, analysis, interpretation and storage of an individual's genome for clinical and research applications. Advances in genomics and the decreasing costs of genetic sequencing has enabled its application in personalized medicine for diagnosis, prognosis and treatment of various genetic disorders, cancers and other conditions. Digital genome analysis enhances the understanding of disease mechanisms, drug responses and susceptibility factors at an individual level. The growing adoption of precision medicine approaches along with a rising prevalence of chronic diseases globally has been fueling demand for digital genome services. The Global digital genome market is estimated to be valued at US$ 24.90 Bn in 2024 and is expected to exhibit a CAGR of 18% over the forecast period 2024 to 2030. Key Takeaways Key players operating in the digital genome market are Wã¤rtsilä, AES Corporati...

Global Plant Tissue Culture Market to Grow with Demand for Disease-Resistant Crops

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  plant Tissue Culture Market Plant tissue culture is a technique in which plant cells, tissues or organs are isolated from natural growing plants and cultured under sterile conditions on artificially prepared nutrient media of known composition. The main advantages of plant tissue culture are its ability to produce a large number of new plants rapidly that are free from pathogens, ability to produce plants that are true-to-type and facilitates genetic modifications through biotechnological techniques to develop desired traits like disease resistance. With increasing demand for food to meet the rising population and shrinking cultivable land, there is a need to develop high yielding and disease-resistant crop varieties through biotechnology tools. The global plant tissue culture market is estimated to be valued at US$ 883 Mn in 2024 and is expected to exhibit a CAGR of 9.1% over the forecast period 2024 to 2031. Key Takeaways Key players operating in the plant tissue cultu...