DNA Sequencing Global Market to Reach $16 Billion by 2030: Next Generation Sequencing Drives Growth

Dublin, April 04, 2023 (GLOBE NEWSWIRE) -- The "DNA Sequencing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for DNA Sequencing estimated at US$6.5 Billion in the year 2022, is projected to reach a revised size of US$16 Billion by 2030, growing at a CAGR of 11.9% over the analysis period 2022-2030.

Consumables, one of the segments analyzed in the report, is projected to record a 11.5% CAGR and reach US$6.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Instruments segment is readjusted to a revised 10.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.7 Billion, While China is Forecast to Grow at 16.2% CAGR

The DNA Sequencing market in the U.S. is estimated at US$2.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 16.2% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 9.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.

Select Competitors (Total 76 Featured) -

  • Agilent Technologies, Inc.
  • Beckman Coulter, Inc.
  • BGI
  • Bio-Rad Laboratories, Inc.
  • Eppendorf SE
  • Eurofins Genomics
  • Illumina, Inc.
  • Integrated DNA Technologies, Inc.
  • LI-COR, Inc.
  • Myriad Genetics, Inc.
  • New England Biolabs
  • Oxford Nanopore Technologies plc
  • Pacific Biosciences of California, Inc.
  • PerkinElmer Genomics
  • Thermo Fisher Scientific Corporation

What`s New for 2023?

  • 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
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages392
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$6.5 Billion
Forecasted Market Value (USD) by 2030$16 Billion
Compound Annual Growth Rate11.9%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • DNA Sequencing - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • An Introduction
  • A Brief History on Evolution of DNA Sequencing Technology
  • Different Types of Sequencing Approaches
  • Shotgun Sequencing
  • High-Throughput Approach
  • Long-Read Sequencing Approaches
  • Single Molecule Real Time (SMRT) Sequencing
  • Nanopore DNA Sequencing
  • Short-Read Sequencing Approaches
  • Massively Parallel Signature Sequencing (MPSS)
  • Massively Parallel Signature Sequencing (MPSS)
  • Polony Sequencing
  • 454 Pyrosequencing
  • Illumina (Solexa) Sequencing
  • Combinatorial Probe Anchor Synthesis (cPAS)
  • SOLiD sequencing
  • Ion Torrent Semiconductor Sequencing
  • DNA Nanoball Sequencing
  • Heliscope Single Molecule Sequencing
  • Microfluidic Systems
  • A Prelude to DNA Sequencing
  • Major Applications
  • DNA Sequencing Application
  • Impact of Covid-19 and a Looming Global Recession
  • 2020 Marked as a Year of Disruption & Transformation
  • As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Impact of COVID-19 on DNA Sequencing Market
  • Global Market Prospects and Outlook
  • DNA Sequencing Market Set for a Rapid Growth
  • Regional Market Perspective
  • North America Leads the Global Market
  • Competition



  • Next Generation Sequencing Drives the Market Growth
  • Increasing R&D Activities in NGS
  • Illumina, the Dominant Force in the Global NGS Market
  • The Market for DNA Sequencing in Europe amid the Pandemic
  • Growing Adoption of Sequencing Services in Clinical Workflows Propels Market Growth
  • Increasing Use in Drug Discovery Drives Market Growth
  • Increasing Emphasis on Personalized Medicine Drives Market Growth
  • Global Personalized Medicine Market: Revenues in US$ Million for the Years 2019 and 2024
  • Rising Incidence of Cancer to Drive Market Growth
  • Global Cancer Incidence: Number of New Cancer Cases in Million for the Years 2018, 2020, 2025, 2030, 2035 and 2040
  • Global Number of New Cancer Cases and Cancer-related Deaths by Cancer Site for 2018
  • Number of New Cancer Cases and Deaths (in Million) by Region for 2018
  • DNA Sequencing and Cancer Care
  • Technological Advancements in NGFS Aids Market Expansion
  • The First Mobile Genome Sequence Analyzer in the World




For more information about this report visit https://www.researchandmarkets.com/r/o6denz

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Global Market for DNA Sequencing