Sweden Dna Sequencing Market Size & Outlook, 2023-2030
Sweden dna sequencing market, 2018-2030 (US$M)
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Sweden dna sequencing market highlights
- The Sweden dna sequencing market generated a revenue of USD 207.9 million in 2023 and is expected to reach USD 610.9 million by 2030.
- The Sweden market is expected to grow at a CAGR of 16.6% from 2024 to 2030.
- In terms of segment, instruments was the largest revenue generating product & service in 2023.
- Services is the most lucrative product & service segment registering the fastest growth during the forecast period.
Dna sequencing market data book summary
| Market revenue in 2023 | USD 207.9 million |
| Market revenue in 2030 | USD 610.9 million |
| Growth rate | 16.6% (CAGR from 2023 to 2030) |
| Largest segment | Instruments |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, Agilent Technologies Inc, Illumina Inc, Qiagen NV, Roche Holding AG, Macrogenics Inc, PerkinElmer, Pacific Biosciences of California Inc, BGI Group, BGC Group Inc Ordinary Shares Class A, Bio-Rad Laboratories Inc, Myriad Genetics Inc, PierianDx, Eurofins Scientific SE |
Other key industry trends
- In terms of revenue, Sweden accounted for 1.7% of the global dna sequencing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany dna sequencing market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,667.3 million by 2030.
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DNA Sequencing Market Scope
DNA Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Sweden 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 49.3% in 2023. Horizon Databook has segmented the Sweden dna sequencing market based on consumables, instruments, services covering the revenue growth of each sub-segment from 2018 to 2030.
In Sweden, increased usage of DNA sequencing in clinical practice for proper diagnosis and treatment is driving the market. For instance, in 2021, around 2,000 samples were analyzed with whole exome sequencing and 5,000 samples with whole-genome sequencing in a clinical routine in Sweden.
In addition, the collaboration between Sci Life Lab Clinical Genomics platform and Genomic Medicine Sweden (GMS) to develop precision diagnostics has enabled the use of whole-genome sequencing for rare diseases in hospitals. Increasing adoption of sequencing techniques in hospitals and laboratories has further boosted the demand for NGS technologies.
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Our clientele includes a mix of dna sequencing market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden dna sequencing market , including forecasts for subscribers. This country databook contains high-level insights into Sweden dna sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Sweden dna sequencing market size, by product & service, 2018-2030 (US$M)
Sweden DNA Sequencing Market Outlook Share, 2023 & 2030 (US$M)
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