NGS Sample Preparation Market Size, Share, Growth Analysis, By Type(Library Preparation Kits, Sample Quality Control (QC) Kits and Target Enrichment Kits), By Application(Whole Genome Sequencing (WGS), Whole Exome Sequencing (WES)) - Industry Forecast 2024-2031

NGS Sample Preparation Market size was valued at USD 1.41 billion in 2021 and is poised to grow from USD 1.61 billion in 2022 to USD 4.7 billion by 2030, growing at a CAGR of 14.32% during the forecast period (2023-2030).

The global NGS (Next-Generation Sequencing) sample preparation market is witnessing significant growth and is expected to continue its upward trajectory in the coming years. NGS sample preparation refers to the process of preparing DNA or RNA samples for sequencing using nanoscale technologies and techniques. NGS allows for high-throughput sequencing, providing researchers with valuable insights into the genetic composition and functioning of biological samples. NGS sample preparation plays a crucial role in ensuring the accuracy and quality of sequencing data, thereby driving its demand. In addition, advancements in nanotechnology have led to the development of innovative and efficient sample preparation techniques. Nano-sized magnetic beads, nanofluidics, and microfluidics are some of the emerging technologies that enable faster and more precise sample processing. These advancements not only enhance the efficiency of NGS sample preparation but also reduce the overall turnaround time and cost, making it more accessible to researchers and clinicians.

US NGS Sample Preparation Market is poised to grow at a sustainable CAGR for the next forecast year.