NGS Library Preparation Market - Global Opportunity Analysis and Industry Forecast (2022-2029)
Meticulous Research ® —leading global market research company published a research report titled, ‘ NGS Library Preparation Market By Product (Kits, Reagents, Instruments), Sequencing Type (Genome, Exome, Targeted), Application (Diagnostics, Discovery), End User (Hospitals, Diagnostic Laboratories, Pharmaceutical, Academic) — Global Forecast to 2029.’ According to this latest publication from Meticulous Research ® , the NGS library preparation market is expected to reach $3.15 billion by 2029 at a CAGR of 14.8% from 2022 to 2029. The growth of this market is driven by the declining costs of sequencing, the rising prevalence of genetic disorders, the increasing utilization of NGS in diagnostics, and the increasing R&D investments and healthcare expenditure. In addition, the increasing applications of next-generation sequencing and the rising number of collaborations between companies to develop library preparation protocols are expected to provide sig...