The global next generation sequencing market size was valued at $12,982.08 million in 2023, and is projected to reach $97,813.73 million by 2035, registering a CAGR of 18.3% from 2024 to 2035. Rising prevalence of genetic disorders and cancer, increasing demand for precision medicine, advancements in sequencing technologies, and declining sequencing costs and growing adoption in clinical diagnostics are the other factors that contribute to the growth of the market.
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