Genomics Market Forecast to Reach USD 60.75 Billion by 2031 Driven by Expanding Clinical Use, Long-Read Sequencing, and AI-Based Data Interpretation

AI Briefing

• – Genomics market size expected to reach USD 60.75 billion by 2031, driven by expanding clinical use and long-read sequencing, with a CAGR of 14.8% from 2021 to 2031.
• – Growing use of AI-based data interpretation in genomics is expected to drive market growth.
• – Current market size estimated at USD 31.98 billion in 2025, with the US, Europe, and China being the largest market segments.