Global Dna Sequencing Market Size & Outlook, 2023-2030
Global dna sequencing market, 2018-2030 (US$M)
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Global dna sequencing market highlights
- The global dna sequencing market generated a revenue of USD 12,393.1 million in 2023 and is expected to reach USD 48,224.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 21.4% by 2030.
- In terms of segment, instruments accounted for a revenue of USD 6,087.7 million in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 12,393.1 million |
| Market revenue in 2030 | USD 48,224.8 million |
| Growth rate | 21.4% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 50.7% of the global dna sequencing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 182.0 million by 2030.
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DNA Sequencing Market Scope
DNA Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global dna 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 dna sequencing market will help companies and investors design strategic landscapes.
Instruments was the largest segment with a revenue share of 49.12% in 2023. Horizon Databook has segmented the Global dna sequencing market based on consumables, instruments, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global DNA Sequencing Product & Service Outlook (Revenue, USD Million, 2018-2030)
- Consumables
- Instruments
- Services
- Global DNA Sequencing Technology Outlook (Revenue, USD Million, 2018-2030)
- Sanger Sequencing
- Next-Generation Sequencing
- Whole Genome Sequencing (WGS)
- Whole Exome Sequencing (WES)
- Targeted Sequencing & Resequencing
- Third Generation Sequencing
- Single-Molecule Real-Time Sequencing (SMRT)
- Nanopore Sequencing
- Global DNA Sequencing Workflow Outlook (Revenue, USD Million, 2018-2030)
- Pre-sequencing
- Sequencing
- Data Analysis
- Global DNA Sequencing Application Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Reproductive Health
- Clinical Investigation
- Agrigenomics & Forensics
- HLA Typing/Immune System Monitoring
- Metagenomics, Epidemiology & Drug Development
- Consumer Genomics
- Others
- Global DNA Sequencing End Use Outlook (Revenue, USD Million, 2018-2030)
- Academic Research
- Clinical Research
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Other Users
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Target buyers of Global dna sequencing market databook
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Our clientele includes a mix of dna 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 dna sequencing market , including forecasts for subscribers. This global databook contains high-level insights into Global dna sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global dna sequencing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Dna sequencing market size, 2023 (US$M)
Global dna sequencing market share, by product & service, 2023 & 2030 (%, US$M)
Dna sequencing market: Opportunity assessment by country
Global dna sequencing market, by region, 2023 (US$M)
| Product & Service | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,597.1 | 2,966.9 | 3,499.0 | 4,358.6 | 5,225.1 | 6,283.4 | 7,575.3 | 9,156.7 | 11,097.4 | 13,485.5 | 16,431.6 | 20,075.9 | 24,595.1 | 21.5% |
| Europe | 1,373.2 | 1,546.8 | 1,800.2 | 2,214.6 | 2,624.1 | 3,121.3 | 3,725.2 | 4,461.3 | 5,361.3 | 6,465.4 | 7,824.4 | 9,502.7 | 11,582.3 | 20.6% |
| Asia Pacific | 912.6 | 1,026.6 | 1,197.4 | 1,481.4 | 1,771.4 | 2,133.7 | 2,587.9 | 3,160.3 | 3,886.3 | 4,812.4 | 6,001.5 | 7,537.3 | 9,533.5 | 23.8% |
| Latin America | 301.0 | 330.4 | 374.7 | 449.1 | 518.1 | 600.0 | 696.9 | 812.1 | 949.3 | 1,113.2 | 1,309.7 | 1,545.7 | 1,830.3 | 17.3% |
| MEA | 132.9 | 145.3 | 163.7 | 194.6 | 222.4 | 254.7 | 292.0 | 335.2 | 385.5 | 443.8 | 511.8 | 591.1 | 683.6 | 15.2% |
| Overall | 5,316.8 | 6,016.0 | 7,035.0 | 8,698.3 | 10,361.1 | 12,393.1 | 14,877.3 | 17,925.6 | 21,679.8 | 26,320.3 | 32,079.0 | 39,252.7 | 48,224.8 | 21.4% |
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