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BCC Research Publishes a New Report on Global Markets for Next Generation Sequencing (NGS)
Date:8/14/2013

h $393.3 million in 2013. BCC Research projects this market to grow to nearly $2.1 billion in 2018, and register a CAGR of 39.4%. NGS-based diagnostics for cancer also present a significant high-growth market opportunity. The cancer disease class, as a segment, is expected to reach $63.7 million in 2013. This segment is projected to reach nearly $2.5 billion in 2018, and register a CAGR of 108.3%.

According to BCC Research, the global market for NGS is being driven by the clinical value of many applications and the commercial success of several tests. The commercial potential of NGS is further enhanced with payors and insurance companies offering coverage for these tests.

NGS is a game-changing technology that is maturing at the right time for it to make a major impact on molecular diagnostics. This new report examines the technology and studies its clinical markets in detail to provide a context for strategic decision making. The report provides a comprehensive discussion of NGS technologies, clinical applications, industry structure, important clinical sequencing initiatives, global markets, patent status, and companies.

This report will be useful to companies involved in the clinical, genetic testing and sequencing industries. It will be particularly valuable for companies in industries such as life science research tools, NGS instruments, molecular diagnostics, informatics clinical laboratories, pharmaceutical, biotechnology, microfluidics, lab-on-a-chip, and sample preparation.

Read the full story at http://www.prweb.com/releases/2013/8/prweb11018128.htm.


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