Which scientific research tool, first commercially launched in 2005, dramatically reduced the cost and time required for DNA sequencing, leading to the era of 'next-generation sequencing'?

In the world of scientific research, technological innovations have dramatically transformed how experiments are conducted and data is analyzed. One particular breakthrough in laboratory technology revolutionized genetic research and led to countless scientific discoveries. Test your knowledge about this game-changing product launch that fundamentally altered the landscape of scientific research and accelerated breakthroughs in medicine, agriculture, and biotechnology.

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The Illumina Genome Analyzer, based on sequencing by synthesis technology acquired from Solexa
The Oxford Nanopore MinION, utilizing nanopore sensing for real-time DNA analysis
The Ion Torrent PGM, which detected pH changes during nucleotide incorporation
The 454 Life Sciences GS20, using pyrosequencing methodology