DNA Sequencing Market Size, Share, Growth Analysis 2031
The DNA sequencing market has experienced remarkable growth in recent years and is expected to continue expanding rapidly in the coming decade. With advancements in genomics and biotechnology, DNA sequencing technologies have become indispensable in fields like medicine, agriculture, forensic science, and evolutionary biology. The increasing demand for personalized medicine, coupled with the growing focus on precision diagnostics and genomic research, has created a robust market environment for DNA sequencing. The global DNA sequencing market was valued at USD 12.29 billion in 2023 and is projected to reach USD 44 billion by 2031, growing at a compound annual growth rate (CAGR) of approximately 17.12% during the forecast period from 2024 to 2031. This growth can be attributed to various factors, including the declining costs of sequencing, increasing applications across research and clinical settings, and rising investments in genomic research. To Learn More About This Report, Req...