Next-Generation Sequencing (NGS) Market Report 2025: Trends, Forecasts & Strategic Opportunities

Next-Generation Sequencing (NGS) Market Overview

According to Straits Research, The Next-Generation Sequencing (NGS) Market size was valued at USD 7,744.30 Million in 2021 and is projected to reach from USD XX Million in 2022 to USD 45017.81 Million by 2030, growing at a CAGR of 21.6% during the forecast period (2022-2030).

The Next-Generation Sequencing (NGS) Market is witnessing significant transformation due to technological advancements, increasing consumer demand, and shifting market dynamics. Businesses operating in this sector are focusing on innovation and strategic expansion to gain a competitive edge. This report, published by Straits Research, provides an in-depth analysis of market trends, growth factors, regional insights, and recent developments that shape the industry’s future.

Market Trends

Several key trends are influencing the growth of the Next-Generation Sequencing (NGS) Market:

• Technological Advancements: Innovations such as AI, IoT, and automation are revolutionizing industry operations, improving efficiency and customer experience.
• Sustainability Initiatives: Increasing environmental concerns are driving companies toward sustainable practices and eco-friendly product development.
• Consumer Preferences: The rising demand is shaping the industry landscape, compelling companies to adapt to evolving market needs.
• E-commerce and Digital Transformation: The shift towards online sales channels is transforming how businesses interact with consumers and manage supply chains.

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Report Coverage & Deliverables

This comprehensive report covers:

• Market Size & Forecast: A detailed analysis of current market size and projected growth trends.
• Competitive Landscape: Profiles of key industry players, their strategies, and market positioning.
• Regional Insights: Market performance across different regions and potential growth areas.
• Regulatory Framework: An overview of government policies, compliance requirements, and their impact on the industry.
• Market Dynamics: Analysis of drivers, restraints, opportunities, and challenges affecting the market.

Market Growth Factors

Several factors contribute to the robust growth of the market:

• Increasing Demand: A surge in consumer interest and industrial applications is boosting market expansion.
• Investment and Funding: Growing investments from both private and public sectors are accelerating research and development efforts.
• Strategic Collaborations: Mergers, acquisitions, and partnerships among industry players are enhancing market competitiveness.
• Rising Adoption of Digital Solutions: Companies leveraging digital platforms for marketing and sales are witnessing substantial revenue growth.

1. Agilent Technologies
2. Bio-Rad Laboratories Inc.
3. DNASTAR Inc.
4. Eurofins Scientific
5. Hoffmann-La Roche Ltd
6. Illumina Inc.
7. Danaher Corporation (IDT)
8. Pacific Biosciences of California Inc.
9. PerkinElmer Inc.
10. Qiagen
11. Thermo Fisher Scientific Inc.

The report is segmented as follows:

1. By Type of Sequencing
   1. Whole Genome Sequencing
   2. Targeted Sequencing & Resequencing
      1. DNA-based
      2. RNA-based
   3. Whole Exome Sequencing
   4. RNA Sequencing
   5. CHIP Sequencing
   6. De Novo Sequencing
   7. Methyl Sequencing
2. By Product Type
   1. Instruments
   2. Reagents and Consumables
   3. Services
3. By End-User
   1. Hospitals and Clinical Laboratories
   2. Academics and Research Institutions
   3. Pharmaceutical and Biotechnology Companies
4. By Applications
   1. Drug Discovery and Personalized Medicine
   2. Genetic Screening
   3. Agriculture and Animal Research
   4. Biomarkers and cancer
   5. Oncology
      1. Diagnostics and Screening
         1. Oncology Screening
            1. Sporadic Cancer
            2. Inherited Cancer
         2. Companion Diagnostics
         3. Other Diagnostics
      2. Research Studies
   6. Clinical Investigation
      1. Infectious Diseases
      2. Inherited Diseases
      3. Idiopathic Diseases
      4. Non-Communicable/Other Diseases
   7. Reproductive Health
      1. NIPT
         1. Aneuploidy
         2. Microdeletions
      2. PGT
      3. Newborn Genetic Screening
      4. Single Gene Analysis
   8. HLA Typing/Immune System Monitoring
   9. Metagenomics, Epidemiology & Drug Development
   10. Agrigenomics & Forensics
   11. Consumer Genomics
5. By Technology
   1. Sequencing by Synthesis
   2. Ion Semiconductor Sequencing
   3. Sequencing by Ligation
   4. Pyrosequencing
   5. Single Molecule Real Time Sequencing
   6. Other Technologies

Get Detailed Segmentation @ https://straitsresearch.com/report/next-generation-sequencing-market/segmentation

Recent Developments

The industry has seen notable developments in recent years:

• Product Innovations: Companies are introducing new and improved products to cater to changing consumer preferences.
• Strategic Mergers & Acquisitions: Industry leaders are acquiring startups and smaller firms to strengthen their market presence.
• Expansion of Manufacturing Facilities: To meet rising demand, businesses are expanding production capabilities globally.
• Government Initiatives: Supportive policies and funding programs are encouraging industry growth and innovation.

Regional Insights

The market exhibits significant regional variations:

• North America: Leading market share due to advanced technology adoption and strong infrastructure.
• Europe: Increasing sustainability efforts and regulatory support are driving market expansion.
• Asia-Pacific: Rapid industrialization, urbanization, and growing consumer demand are fueling market growth.
• Latin America & Middle East: Emerging markets with untapped potential, attracting foreign investments.

FAQs

Q1: What is the current size of the market?
Q2: What are the key drivers of market growth?
Q3: Which region has the highest market share?
Q4: What are the major challenges faced by industry players?
Q5: What future opportunities exist in this market?

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About Straits Research Pvt. Ltd.

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