Global Next Generation Sequencing Products Market Size & Outlook

The next generation sequencing products industry worldwide is expected to reach a projected revenue of US$ 31,537.3 million by 2030. A compound annual growth rate of 21.5% is expected of the worldwide next generation sequencing products industry from 2024 to 2030.
Revenue, 2023 (US$M)
$8,053.5
Forecast, 2030 (US$M)
$31,537.3
CAGR, 2024 - 2030
21.5%
Report Coverage
Worldwide

Global next generation sequencing products market, 2018-2030 (US$M)

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Global next generation sequencing products market highlights

  • The global next generation sequencing products market generated a revenue of USD 8,053.5 million in 2023 and is expected to reach USD 31,537.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 21.5% by 2030.
  • In terms of segment, consumables accounted for a revenue of USD 5,965.6 million in 2023.
  • Consumables is the most lucrative product 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, Mexico is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 8,053.5 million
Market revenue in 2030USD 31,537.3 million
Growth rate21.5% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPlatforms, Consumables

Other key industry trends

  • In terms of revenue, the North America accounted for 47.2% of the global next generation sequencing products market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Mexico is the fastest growing regional market and is projected to reach USD 285.7 million by 2030.

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Next Generation Sequencing Products Market Scope

Next Generation Sequencing Products Market Companies

Name Profile # Employees HQ Website

Global next generation sequencing products 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 products market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 74.07% in 2023. Horizon Databook has segmented the Global next generation sequencing products market based on platforms, consumables covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Next Generation Sequencing Products Product Outlook (Revenue, USD Million, 2018-2030)
    • Platforms
      • Sequencing
        • End Use
          • Academic & Clinical Research
          • Hospitals & Clinics
          • Pharma & Biotech Entities
          • Other Users
      • Data Analysis
        • End Use
          • Academic & Clinical Research
          • Hospitals & Clinics
          • Pharma & Biotech Entities
          • Other Users
    • Consumables
      • Sample Preparation
        • End Use
          • Academic & Clinical Research
          • Hospitals & Clinics
          • Pharma & Biotech Entities
          • Other Users
      • Target Enrichment
        • End Use
          • Academic & Clinical Research
          • Hospitals & Clinics
          • Pharma & Biotech Entities
          • Other Users
      • Others
        • End Use
          • Academic & Clinical Research
          • Hospitals & Clinics
          • Pharma & Biotech Entities
          • Other Users

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Target buyers of Global next generation sequencing products market databook

  • Our clientele includes a mix of next generation sequencing products market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of global-level data and insights on the Global next generation sequencing products market , including forecasts for subscribers. This global databook contains high-level insights into Global next generation sequencing products market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global next generation sequencing products market size, by region, 2018-2030 (US$M)

Top 10 countries: Next generation sequencing products market size, 2023 (US$M)

Global next generation sequencing products market share, by product, 2023 & 2030 (%, US$M)

Next generation sequencing products market: Opportunity assessment by country

Global next generation sequencing products market, by region, 2023 (US$M)

Global next generation sequencing products market size, by region, 2018-2030 (US$M)

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