Genomics and Pyrosequencing Markets' Growth Projections

Genomics and pyrosequencing markets are projected to experience significant growth, driven by technological advancements and increasing demand for genetic analysis. The genomics market is expected to reach USD 94.65 billion by 2028, fueled by advancements in genome sequencing. The genomics services market is projected to grow at a CAGR of 11.2% from 2023 to 2032, with the next generation sequencing segment leading the way. Meanwhile, the pyrosequencing market is expected to grow at a CAGR of 13.1% during the forecast period, driven by the highly competitive nature of the market and the growing applications in research, diagnostics, and personalized medicine.