Next-Generation Sequencing (NGS) Market Outlook 2024–2029: Growth Drivers, Key Segments & Strategic Opportunities

The global next-generation sequencing (NGS) market continues its strong growth momentum, reflecting rising adoption of genomic technologies across clinical, research, and industrial applications. Valued at US$ 13.92 billion in 2023, the market is projected to grow at a robust CAGR of 11.0%, reaching US$ 13.28 billion in 2024 and an impressive US$ 22.38 billion by 2029. As sequencing becomes faster,...