Global Sequencing Reagent Market Overview
The market is benefitted by constant developments in sequencing technologies to provide higher throughput data for large-scale genomic research. The development of novel technologies, such as Nanopore and Single-Molecule Real-Time (SMRT) sequencing, for efficient and cost-effective preparation of sequencing libraries, enable researchers to sequence the entire genome within a short period at a lower cost. This, coupled with the availability of new commercial kits providing reagents for specific sequencing applications, drives the market progression. Streamlining the workflow and automation have gradually reduced the overall time of the library preparation step. Besides, tagmentation during library preparation combines adaptor ligation and genome fragmentation into a single step. Incorporation of this technique into existing sequencing procedures simplifies workflow, reduces cost, and improves data quality. The presence of supportive government programs has augmented the growth of genome sequencing in identifying the genomic variations associated with human diseases. For instance, in December 2018, NHS England, in partnership with Genomics England, sequenced 100,000 whole genomes from NHS patients to uncover new diagnoses and treatment for patients with cancer and rare diseases.Sequencing reagents market size was valued at USD 5.1 billion in 2019 and is expected to register a CAGR of 13.8% over the forecast period.
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global Sequencing Reagent Market Dynamics
Increasing Clinical Application of Genome Sequencing (GS)
After the introduction of GS technologies in 2005, they have had an incredible influence on genomic research and clinical applications. Generation sequencing, currently, has its application in the diagnosis of a variety of illnesses, such as cancer, hematological disorders, neurology, psychiatry, dysmorphology, vision and hearing impairment, cardiology, and pharmacogenomics. It is also used as a tool for noninvasive prenatal tests. Genome Sequencing technologies have been used for standard sequencing applications, like genome sequencing, and for novel applications that were previously unexplored by using Sanger sequencing. Applications include whole genome and transcriptome sequencing, metagenomic characterization of microbial types in environmental and clinical specimens, explanation of DNA binding sites for chromatin and regulatory proteins, and targeted re-sequencing of specific sites in the human genome, identified by linkage analyses.
Growing Preference Toward Personalized Medicines And Early Disease Diagnosis
Technological advancements in the field of medicine, especially in the tools, such as the informatics, have been happening at a rapid rate, which has led to the development of personalized medicine. There are a huge number of applications of generation sequencing in personalized medicine. The advantages of personalized medicine is that, they have been useful in designing the treatment based on the molecular alterations. Its use has been most advanced around the treatment of oncological diseases to target the genetic alterations.
Lack of Skilled Technicians for GS Data Analysis
The lesser number of skilled professionals for the analysis and data interpretations of NGS data, along with the lack of knowledge of new informatics tools among medical professionals, is likely to limit the growth of the sequencing reagents market. Additionally, high cost involved in the maintenance and security of informatics tools is likely to contribute to the same.
Global Sequencing Reagent Market Segmentation
Sequencing Reagent Market is segmented based on Reagent Type, Technology, Application, End-User and region.
Sequencing Reagent Market is segmented based on Reagent Type as Library Kits, Template Kits, Control Kits, Sequencing Kits, Others. On the basis of Technology market is segmented into Sanger Sequencing, Next-Generation Sequencing, Third Generation Sequencing. On the basis of Application market is segmented into Oncology, Reproductive Health, Clinical Investigation, Agrigenomics & Forensics and Others, On the basis of End-User market is segmented into Academic Research, Clinical Research, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Others. On the basis of Region market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Insights:
On region the Sequencing Reagent Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American sequencing reagents market accounted for a revenue share of 46.9% in 2019 and was valued at USD 2,372.2 million, and is projected to reach USD 6,741.3 million by 2027, growing at a CAGR of 14.0% from 2020 to 2027.
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Reagent Type: Library Kits, Template Kits, Control Kits, Sequencing Kits, Others By Technology: Sanger Sequencing, Next-Generation Sequencing, Third Generation Sequencing By Application: Oncology, Reproductive Health, Clinical Investigation, Agrigenomics & Forensics and Others By End-User: Academic Research, Clinical Research, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Small Payment Institution Money Transfer Market report based on product, site of collection, application, and region.
Global Sequencing Reagents Market, By Region:
- North America
- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- U.S.
- Canada
- Middle East & Africa
Global Sequencing Reagent Market Key Players
The key players operating in the sequencing reagent Market includes QIAGEN, Pacific Biosciences of California, Inc., Thermo Fisher Scientific, Inc., Fluidigm Corporation, ArcherDX, Inc., BGI, Illumina, Inc., Agilent Technologies, Inc., Oxford Nanopore Technologies and Hoffmann-La Roche Ltd. Over the recent years, technologies, like Illumina/Solexa, ABI/SOLiD, 454/Roche, and Helicos, have provided unique prospects for high-throughput functional genomic research. After the introduction of GS technologies in 2005, they have had an incredible influence on the genomic research. In the last few years, several companies are investing in the research and development of GS informatics. For example, Illumina has acquired the Edico Genome in 2018, to accelerate genomic data analysis and improve its informatics tools. By this acquisition the Illumina Company will be benefited in the research of GS informatics. Similarly, few other companies are also acquired or made partnership with other companies
Global Sequencing Reagent Market Company Profile
- QIAGEN
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Pacific Biosciences of California, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Thermo Fisher Scientific, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Fluidigm Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- ArcherDX, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- BGI
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Illumina, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Oxford Nanopore Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Hoffmann-La Roche Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
Global Sequencing Reagent Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Sequencing Reagent Strategies
- Key Questions this Study will Answer
- Market Snippet, By Reagent Type
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By End-User
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Reagent Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Library Kits
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Template Kits
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Control Kits
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Sequencing Kits
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation , By Technology, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Sanger Sequencing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Next Generation Sequencing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Third Generation Sequencing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation , By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Oncology
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Reproductive Health
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Clinical Investigation
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Agrigenomics & Forensic
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation , By End-User, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Academic Research
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Clinical Research
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Hospitals & Clinics
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pharmaceuticals & Biotechnology Companies
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market , By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Reagent Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Reagent Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Reagent Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
-
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Reagent Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Reagent Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Mn), By End-User, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- QIAGEN
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Pacific Biosciences of California, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Thermo Fisher Scientific, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Fluidigm Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- ArcherDX, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- BGI
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Illumina, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Oxford Nanopore Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- Hoffmann-La Roche Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
The Last Word
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- Future Impact
- About Us
- Contact
FAQs
The Global Sequencing Reagent Market is segmented based on Reagent Type, Technology, Application, End-User and region.
Increasing Clinical Application of Genome Sequencing (GS) and Growing Preference toward Personalized Medicines and Early Disease Diagnosis are the major factor driving growth of the global market
On region the Global Sequencing Reagent Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American sequencing reagents market accounted for a revenue share of 46.9% in 2019 and was valued at USD 2,372.2 million, and is projected to reach USD 6,741.3 million by 2027, growing at a CAGR of 14.0% from 2020 to 2027.
The key players operating in the Global sequencing reagent Market includes QIAGEN, Pacific Biosciences of California, Inc., Thermo Fisher Scientific, Inc., Fluidigm Corporation, ArcherDX, Inc., BGI, Illumina, Inc., Agilent Technologies, Inc., Oxford Nanopore Technologies and Hoffmann-La Roche Ltd.