Canada Sequencing Consumables Market Size & Outlook

The sequencing consumables market in Canada is expected to reach a projected revenue of US$ 1,000.2 million by 2030. A compound annual growth rate of 18.8% is expected of Canada sequencing consumables market from 2024 to 2030.
Revenue, 2023 (US$M)
$299.4
Forecast, 2030 (US$M)
$1,000.2
CAGR, 2024 - 2030
18.8%
Report Coverage
Canada

Canada sequencing consumables market, 2018-2030 (US$M)

Canada

Canada sequencing consumables market highlights

  • The Canada sequencing consumables market generated a revenue of USD 299.4 million in 2023 and is expected to reach USD 1,000.2 million by 2030.
  • The Canada market is expected to grow at a CAGR of 18.8% from 2024 to 2030.
  • In terms of segment, kits was the largest revenue generating product in 2023.
  • Kits is the most lucrative product segment registering the fastest growth during the forecast period.


Sequencing consumables market data book summary

Market revenue in 2023USD 299.4 million
Market revenue in 2030USD 1,000.2 million
Growth rate18.8% (CAGR from 2023 to 2030)
Largest segmentKits
Fastest growing segmentKits
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKits, Reagents, Accessories
Key market players worldwideRoche, Qiagen NV, Agilent Technologies Inc, Merck & Co Inc, Takara Bio Inc, Beckman Coulter, Eurofins Scientific SE, Oxford Nanopore Technologies PLC, Thermo Fisher Scientific Inc, BGI Worldwide Logistics, Inc.


Other key industry trends

  • In terms of revenue, Canada accounted for 4.3% of the global sequencing consumables market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. sequencing consumables market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 13,950.0 million by 2030.

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Sequencing Consumables Market Companies

Name Profile # Employees HQ Website

Canada sequencing consumables 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 sequencing consumables market will help companies and investors design strategic landscapes.


Kits was the largest segment with a revenue share of 80.66% in 2023. Horizon Databook has segmented the Canada sequencing consumables market based on kits, reagents, accessories covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada sequencing consumables market databook

  • Our clientele includes a mix of sequencing consumables 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 country-level data and insights on the Canada sequencing consumables market , including forecasts for subscribers. This country databook contains high-level insights into Canada sequencing consumables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada sequencing consumables market size, by product, 2018-2030 (US$M)

Canada Sequencing Consumables Market Outlook Share, 2023 & 2030 (US$M)

Canada sequencing consumables market size, by product, 2018-2030 (US$M)

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