DNA Sequencing Market to Grow at 17.8% CAGR from 2024 to 2032, Reaching USD 52.1 Billion
The DNA Sequencing Market was valued at USD 11.5 billion in 2023 and is projected to reach USD 52.1 billion by 2032, growing at a robust CAGR of 17.8% from 2024 to 2032. The market growth is primarily driven by substantial government funding in genomics research worldwide, rapid advancements in next-generation sequencing (NGS) technologies, and the rising demand for personalized medicine. Innovations integrating artificial intelligence and machine learning are enhancing sequencing accuracy, speed, and data analysis capabilities, propelling adoption across clinical diagnostics, oncology, and pharmacogenomics.