Global Next Generation Sequencing Products Market Size & Outlook
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 2023 | USD 8,053.5 million |
| Market revenue in 2030 | USD 31,537.3 million |
| Growth rate | 21.5% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platforms, 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 |
|---|---|---|---|---|
| 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 |
| 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 |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
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
- Data Analysis
- End Use
- Academic & Clinical Research
- Pharma & Biotech Entities
- Other Users
- Hospitals & Clinics
- End Use
- Sequencing
- End Use
- Pharma & Biotech Entities
- Hospitals & Clinics
- Academic & Clinical Research
- Other Users
- End Use
- Data Analysis
- Consumables
- Others
- End Use
- Hospitals & Clinics
- Pharma & Biotech Entities
- Other Users
- Academic & Clinical Research
- End Use
- Target Enrichment
- End Use
- Academic & Clinical Research
- Pharma & Biotech Entities
- Hospitals & Clinics
- Other Users
- End Use
- Sample Preparation
- End Use
- Academic & Clinical Research
- Hospitals & Clinics
- Pharma & Biotech Entities
- Other Users
- End Use
- Others
- Platforms
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Target buyers of Global next generation sequencing products market databook
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Our clientele includes a mix of next generation sequencing products 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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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.
Partial client list
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)
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