Australia Next Generation Sequencing Market Size & Outlook
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Australia next generation sequencing market highlights
- The Australia next generation sequencing market generated a revenue of USD 122.5 million in 2023 and is expected to reach USD 427.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 19.6% from 2024 to 2030.
- In terms of segment, targeted sequencing & resequencing was the largest revenue generating product in 2023.
- Targeted Sequencing & Resequencing is the most lucrative product segment registering the fastest growth during the forecast period.
Next generation sequencing market data book summary
| Market revenue in 2023 | USD 122.5 million |
| Market revenue in 2030 | USD 427.8 million |
| Growth rate | 19.6% (CAGR from 2024 to 2030) |
| Largest segment | Targeted sequencing & resequencing |
| Fastest growing segment | Targeted Sequencing & Resequencing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Targeted Sequencing & Resequencing, Whole Genome Sequencing, Whole Exome Sequencing |
| Key market players worldwide | Illumina Inc, Qiagen NV, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, Oxford Nanopore Technologies PLC, PierianDx, Genomatix Software, DNAstar, PerkinElmer, Eurofins Scientific SE, BGI Group |
Other key industry trends
- In terms of revenue, Australia accounted for 1.5% of the global next generation sequencing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China next generation sequencing market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,205.2 million by 2030.
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Next Generation Sequencing Market Scope
Next Generation Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BGI Group | View profile | 5001-10000 | Shenzhen, Guangdong, China, Asia | https://www.genomics.cn/ |
| PierianDx | View profile | 51-100 | St Louis, Missouri, United States, North America | https://www.pieriandx.com |
| Genomatix Software | View profile | 11-50 | Munich, Bayern, Germany, Europe | http://www.genomatix.de |
| DNAstar | View profile | 51-100 | Madison, Wisconsin, United States, North America | http://www.dnastar.com |
| Oxford Nanopore Technologies PLC | View profile | 1133 | Edmund Halley Road, Gosling Building, Oxford Science Park, Oxford, Oxfordshire, United Kingdom, OX4 4DQ | https://www.nanoporetech.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Eurofins Scientific SE | View profile | 61798 | 23 Val Fleuri, Luxembourg, Luxembourg, L-1526 | https://www.eurofins.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Australia 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 next generation sequencing market will help companies and investors design strategic landscapes.
Targeted sequencing & resequencing was the largest segment with a revenue share of 74.12% in 2025. Horizon Databook has segmented the Australia next generation sequencing market based on targeted sequencing & resequencing, whole genome sequencing, whole exome sequencing covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of next generation sequencing market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Australia next generation sequencing market , including forecasts for subscribers. This country databook contains high-level insights into Australia next generation sequencing market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Australia next generation sequencing market size, by product, 2021-2033 (US$M)
Australia Next Generation Sequencing Market Outlook Share, 2025 & 2033 (US$M)
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