Report ID: SQMIG35J2081
Report ID:
SQMIG35J2081 |
Region:
Global |
Published Date: February, 2024
Pages:
249
|
Tables:
118 |
Figures:
80
North America is estimated to account for the largest share of the ngs library preparation market. The widespread use of NGS-based diagnostic tests, substantial investments in research and development, and growing government support for and investments in the region's genome sequencing infrastructure all contribute to North America's dominant market share.
However, the NGS library preparation market is expected to expand at the fastest rate during the forecast period in Asia-Pacific. The development of the region's healthcare infrastructure, the government's increased focus on sequencing projects, the rising prevalence of various chronic and infectious diseases, the large number of patients with gene-associated disorders, and the expansion of research into personalized medicine are all contributing factors to the market's rapid expansion in Asia-Pacific.
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REQUEST FREE CUSTOMIZATIONNGS Library Preparation Market size was valued at USD 3.15 billion in 2019 and is poised to grow from USD 3.62 billion in 2023 to USD 10.91 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).
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Report ID: SQMIG35J2081