Next Generation Sequencing Market Trends Insights 2025-2033

The global next-generation sequencing market is projected to reach US$ 56.25 billion by 2033, growing at a CAGR of 18.16% from 2025 to 2033. This growth is driven by advancements in genomic research, rising applications in precision medicine, and increasing adoption of NGS for disease diagnostics, oncology, and genetic testing. Technological innovations and decreasing sequencing costs further fuel the global market’s rapid expansion across healthcare and research sectors.