Next-Generation Sequencing Library Preparation Market Size Worth USD 5.89 Billion By 2034 | CAGR: 13.21%

The global next-generation sequencing library preparation market size is expected to reach USD 5.89 billion by 2034, according to a new study by Polaris Market Research. The report “Next-Generation Sequencing Library Preparation Market Size, Share, Industry Analysis Report By Sequencing Type (Targeted Genome Sequencing, Whole Genome Sequencing), By Product, By Application, By End User, By Region – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market trends.

The next-generation sequencing (NGS) library preparation market involves the development of technologies and tools for preparing DNA or RNA samples for sequencing. This process is crucial for generating accurate and high-quality data in genomics research and clinical diagnostics. The market is experiencing significant growth due to advancements in genomic research and an increasing demand for personalized medicine. The expanding applications of next-generation sequencing in oncology, rare disease diagnostics, and drug discovery and rising technological innovations, such as the development of more efficient and cost-effective library preparation kits, are further boosting the market growth.

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Emerging market trend is a shift toward automation and high-throughput workflows that streamline the preparation process and reduce labor costs. Overall, the next-generation sequencing library preparation market is expected to grow robustly, driven by ongoing research and the rising adoption of NGS technologies in clinical and research settings.

Next-Generation Sequencing Library Preparation Market Report Highlights

• Base on sequencing type, the targeted genome sequencing segment dominated the market in 2024 due to its cost-efficiency, high throughput, and focused approach in identifying genetic variants within specific genomic regions
• In terms of product, the reagents & consumables segment dominated the market share in 2024, due to their critical role in the sequencing workflow.
• Based on application, the drug & biomarker discovery segment held the largest market share in 2024, driven by the increased focus on personalized medicine and the need for identifying novel drug targets and biomarkers.
• In terms of end user, the academic and research institutions segment dominated the market in 2024 due to their extensive involvement in genomics studies, disease research, and biomarker discovery.
• A few players operating in the global next-generation sequencing library preparation market include 10x Genomics, Agilent Technologies, Beckman Coulter, Bio-Rad Laboratories, Dovetail Genomics, Fluidigm Corporation, Genomatix Software, Illumina, Pacific Biosciences, QIAGEN, Roche, and Thermo Fisher Scientific.

Polaris Market Research has segmented the next-generation sequencing library preparation market report on the basis of sequencing type, product, application, end user, and region.

By Sequencing Type Outlook (Revenue, USD Billion, 2020–2034)

• Targeted Genome Sequencing
• Whole Genome Sequencing

By Product Outlook (Revenue, USD Billion, 2020–2034)

• Reagents & Consumables
• Instruments

By Application Outlook (Revenue, USD Billion, 2020–2034)

• Drug & Biomarker Discovery
• Disease Diagnostics
• Others

By End User Outlook (Revenue, USD Billion, 2020–2034)

• Hospitals and Clinics
• Academic and Research Institutions
• Pharmaceutical and Biotechnology Companies
• Others

By Regional Outlook (Revenue, USD Billion, 2020–2034)

• North America
  • US
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Netherlands
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Malaysia
  • South Korea
  • Indonesia
  • Australia
  • Vietnam
  • Rest of Asia Pacific
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Israel
  • South Africa
  • Rest of Middle East & Africa
• Latin America
  • Mexico
  • Brazil
  • Argentina
  • Rest of Latin America