The NGS-based RNA-sequencing market size is projected to reach USD 4.2 billion by 2024 from USD 1.7 billion in 2019, at a CAGR of 20.0%. An increasing number of RNA-seq grants, advantages of RNA-seq over conventional technologies, rapid growth in precision medicine market clubbed with a growing number of research activities involving RNA-seq are the key factors driving the growth of the NGS-based RNA-sequencing industry.
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