Next-Generation Sequencing Library Preparation Market

The next-generation sequencing (NGS) library preparation market consists of technologies and tools used for preparing DNA or RNA samples for sequencing. Key customers include academic and research institutions, pharmaceutical and biotechnology companies, and hospitals. Market growth is driven by advancements in genomic research, the increasing demand for personalized medicine, and technological innovations that are creating more efficient and cost-effective library preparation kits.

CAGR

13.21%

Compound Annual Growth Rate

Current Value

$2.18B

Estimated 2026

Projected Value

$5.89B

By 2034

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