Global Next Generation Sequencers Market to Reach $29.6 Billion by 2030
The global market for Next Generation Sequencers estimated at US$7.7 Billion in the year 2022, is projected to reach a revised size of US$29.6 Billion by 2030, growing at a CAGR of 18.4% over the analysis period 2022-2030. Consumables, one of the segments analyzed in the report, is projected to record 20.7% CAGR and reach US$40.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Platforms segment is readjusted to a revised 15.3% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 25.9% CAGR
The Next Generation Sequencers market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.1 Billion by the year 2030 trailing a CAGR of 25.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 14.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR.Select Competitors (Total 93 Featured) -
- Agilent Technologies, Inc.
- Becton, Dickinson and Company
- Fluidigm Corporation
- Illumina Inc.
- Oxford Gene Technology
- Oxford Nanopore Technologies
- Pacific Biosciences of California Inc.
- QIAGEN N.V.
- RainDance Technologies Inc.
- Roche Sequencing
- Thermo Fischer Scientific Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agilent Technologies, Inc.
- Becton, Dickinson and Company
- Fluidigm Corporation
- Illumina Inc.
- Oxford Gene Technology
- Oxford Nanopore Technologies
- Pacific Biosciences of California Inc.
- QIAGEN N.V.
- RainDance Technologies Inc.
- Roche Sequencing
- Thermo Fischer Scientific Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 299 |
Published | April 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 5.3 Billion |
Forecasted Market Value ( USD | $ 37.2 Billion |
Compound Annual Growth Rate | 32.1% |
Regions Covered | Global |