Global Sequencing Reagents Market Size & Outlook
Global sequencing reagents market, 2018-2030 (US$M)
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Global sequencing reagents market highlights
- The global sequencing reagents market generated a revenue of USD 8,272.2 million in 2024 and is expected to reach USD 21,907.2 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 17.6% by 2030.
- In terms of segment, next-generation sequencing accounted for a revenue of USD 7,586.5 million in 2024.
- Third Generation Sequencing is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 8,272.2 million |
| Market revenue in 2030 | USD 21,907.2 million |
| Growth rate | 17.6% (CAGR from 2025 to 2030) |
| Largest segment | Next-generation sequencing |
| Fastest growing segment | Third Generation Sequencing |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sanger Sequencing, Next-Generation Sequencing, Third Generation Sequencing |
Other key industry trends
- In terms of revenue, the North America accounted for 49.6% of the global sequencing reagents market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 1,953.4 million by 2030.
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Sequencing Reagents Market Scope
Sequencing Reagents Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Thermo Fisher Scientific Inc. | View profile | - | - | - |
| Takara Bio Inc. | View profile | - | - | - |
| Agilent Technologies, Inc. | View profile | - | - | - |
| F. Hoffmann-La Roche Ltd. | View profile | - | - | - |
| Illumina, Inc. | View profile | - | - | - |
| Integrated DNA Technologies | View profile | 501-1000 | Coralville, Iowa, United States, North America | http://idtdna.com |
| BGI Group | View profile | 5001-10000 | Shenzhen, Guangdong, China, Asia | https://www.genomics.cn/ |
| 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 |
| Meridian Bioscience | View profile | 501-1000 | Cincinnati, Ohio, United States, North America | http://meridianbioscience.com |
| Standard BioTools Inc | View profile | 539 | 2 Tower Place, Suite 2000, South San Francisco, CA, United States, 94080 | https://www.standardbio.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
Global sequencing reagents 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 reagents market will help companies and investors design strategic landscapes.
Next-generation sequencing was the largest segment with a revenue share of 91.71% in 2024. Horizon Databook has segmented the Global sequencing reagents market based on sanger sequencing, next-generation sequencing, third generation sequencing covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Sequencing Reagents Technology Outlook (Revenue, USD Million, 2018-2030)
- Sanger Sequencing
- Next-Generation Sequencing
- Third Generation Sequencing
- Global Sequencing Reagents Type Outlook (Revenue, USD Million, 2018-2030)
- Library Kits
- Template Kits
- Control Kits
- Sequencing Kits
- Others
- Global Sequencing Reagents Application Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Reproductive Health
- Clinical Investigation
- Agrigenomics & Forensics
- Consumer Genomics
- Others
- Global Sequencing Reagents End Use Outlook (Revenue, USD Million, 2018-2030)
- Academic Research
- Clinical Research
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Others
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Target buyers of Global sequencing reagents market databook
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Our clientele includes a mix of sequencing reagents 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 sequencing reagents market , including forecasts for subscribers. This global databook contains high-level insights into Global sequencing reagents market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global sequencing reagents market size, by regions, 2018-2030 (US$M)
Top 10 countries: Sequencing reagents market size, 2024 (US$M)
Global sequencing reagents market share, by technology, 2024 & 2030 (%, US$M)
Sequencing reagents market: Opportunity assessment by country
Global sequencing reagents market, by region, 2024 (US$M)
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