Global Clinical Oncology Next Generation Sequencing Market Size & Outlook
The clinical oncology next generation sequencing industry worldwide is expected to reach a projected revenue of US$ 1,166.7 million by 2030. A compound annual growth rate of 15.4% is expected of the worldwide clinical oncology next generation sequencing industry from 2023 to 2030.
Revenue, 2022 (US$M)
$370.0
Forecast, 2030 (US$M)
$1,166.7
CAGR, 2023 - 2030
15.4%
Report Coverage
Worldwide
Global clinical oncology next generation sequencing market, 2018-2030 (US$M)
Related Markets
Global clinical oncology next generation sequencing market highlights
- The global clinical oncology next generation sequencing market generated a revenue of USD 370.0 million in 2022 and is expected to reach USD 1,166.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 15.4% by 2030.
- In terms of segment, targeted sequencing and resequencing accounted for a revenue of USD 269.1 million in 2022.
- Whole Genome Sequencing is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 370.0 million |
| Market revenue in 2030 | USD 1,166.7 million |
| Growth rate | 15.4% (CAGR from 2022 to 2030) |
| Largest segment | Targeted sequencing and resequencing |
| Fastest growing segment | Whole Genome Sequencing |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Whole Genome Sequencing, Whole Exome Sequencing, Targeted Sequencing and Resequencing |
Other key industry trends
- In terms of revenue, the North America accounted for 48.7% of the global clinical oncology next generation sequencing market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 2.0 million by 2030.
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Clinical Oncology Next Generation Sequencing Market Scope
Clinical oncology next generation sequencing market segmentation & scope
Clinical Oncology Next Generation Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global clinical oncology next generation sequencing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to clinical oncology next generation sequencing market will help companies and investors design strategic landscapes.
targeted sequencing and resequencing was the largest segment with a revenue share of 72.73% in 2022. Horizon Databook has segmented the Global clinical oncology next generation sequencing market based on whole genome sequencing, whole exome sequencing, targeted sequencing and resequencing covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Clinical Oncology Next Generation Sequencing Technology Outlook (Revenue, USD Million, 2018-2030)
- Whole Genome Sequencing
- Whole Exome Sequencing
- Targeted Sequencing and Resequencing
- Global Clinical Oncology Next Generation Sequencing Workflow Outlook (Revenue, USD Million, 2018-2030)
- NGS Pre-Sequencing
- NGS Sequencing
- NGS Data Analysis
- Global Clinical Oncology Next Generation Sequencing Application Outlook (Revenue, USD Million, 2018-2030)
- Companion Diagnostics
- Others
- Screening
- Sporadic Cancer
- Inherited Cancer
- Global Clinical Oncology Next Generation Sequencing End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
- Laboratories
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Target buyers of Global clinical oncology next generation sequencing market databook
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Our clientele includes a mix of clinical oncology next generation sequencing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global clinical oncology next generation sequencing market, including forecasts for subscribers. This global databook contains high-level insights into Global clinical oncology next generation sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global clinical oncology next generation sequencing ngs market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Clinical oncology next generation sequencing ngs market size, 2022 (USD Million)
Top 10 countries: Clinical oncology next generation sequencing ngs market size, 2022 (USD Million)
Global clinical oncology next generation sequencing market, by region, 2022 (US$M)
Related regional statistics
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