Europe Next Generation Sequencing Market Size & Outlook

The next generation sequencing market in Europe is expected to reach a projected revenue of US$ 12,367.5 million by 2033. A compound annual growth rate of 17.7% is expected of Europe next generation sequencing market from 2026 to 2033.
Revenue, 2025 (US$M)
$3,354.9
Forecast, 2033 (US$M)
$12,367.5
CAGR, 2026 - 2033
17.7%
Report Coverage
Europe

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Europe next generation sequencing market, 2021-2033 (US$M)

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Europe next generation sequencing market highlights

  • The Europe next generation sequencing market generated a revenue of USD 3,354.9 million in 2025.
  • The market is expected to grow at a CAGR of 17.7% from 2026 to 2033.
  • In terms of segment, consumables was the largest revenue generating product in 2025.
  • Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2026 to 2033.


Europe data book summary

Market revenue in 2025USD 3,354.9 million
Market revenue in 2033USD 12,367.5 million
Growth rate17.7% (CAGR from 2026 to 2033)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data covered2021 - 2024
Base year for estimation2025
Forecast period covered2026 - 2033
Quantitative unitsRevenue in USD million
Market segmentationPlatforms, Consumables
Key market players worldwideIllumina 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, Europe region accounted for 29.8% of the global next generation sequencing market in 2025.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2033.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 8,801.5 million by 2033.

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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

Europe 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.


Consumables was the largest segment with a revenue share of 89.33% in 2025. Horizon Databook has segmented the Europe next generation sequencing market based on platforms, consumables covering the revenue growth of each sub-segment from 2021 to 2033.


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Target buyers of Europe next generation sequencing market databook

  • Our clientele includes a mix of next generation sequencing 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 continent-level data and insights on the Europe next generation sequencing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe next generation sequencing market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Europe next generation sequencing market size, by country, 2021-2033 (US$M)

Europe Next Generation Sequencing Market Outlook Share, 2025 & 2033 (US$M)

Europe next generation sequencing market size, by country, 2021-2033 (US$M)

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