Sequencing Kits Market

By Type;

Sanger Sequencing, Next Generation Sequencing and Third Generation Sequencing

By Technology;

NGS and Sanger

By Application;

Oncology, Retypeive Health, Clinical Investigation, Agrigenomics & Forensics and Others

By End Use;

Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Academic & Research Institutes and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn053087903 Published Date: August, 2025 Updated Date: September, 2025

Sequencing Kits Market Overview

Sequencing Kits Market (USD Million)

Sequencing Kits Market was valued at USD 5,905.64 million in the year 2024. The size of this market is expected to increase to USD 13,385.39 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 12.4%.


Sequencing Kits Market

*Market size in USD million

CAGR 12.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)12.4 %
Market Size (2024)USD 5,905.64 Million
Market Size (2031)USD 13,385.39 Million
Market ConcentrationLow
Report Pages343
5,905.64
2024
13,385.39
2031

Major Players

  • Illumina, Inc.
  • Thermo Fisher Scientific Inc.
  • Qiagen N.V.
  • Oxford Nanopore Technologies Ltd.
  • Pacific Biosciences of California, Inc.
  • Roche Holding AG
  • Agilent Technologies, Inc.
  • Bio-Rad Laboratories, Inc.
  • BGI Group
  • PerkinElmer, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Sequencing Kits Market

Fragmented - Highly competitive market without dominant players



The Sequencing Kits Market is experiencing rapid growth due to advancements in genomic research and diagnostics. Approximately 63% of research institutions are increasingly adopting sequencing kits for their ability to deliver high-throughput data and better accuracy. This surge in demand is driven by innovations in personalized medicine and the expanding applications of next-generation sequencing (NGS) in various research fields.

Technological Advancements
Technological breakthroughs are significantly influencing the adoption of sequencing kits. Around 58% of diagnostic labs are utilizing NGS-based kits for genetic testing, providing more reliable results than traditional methods. These advancements are reducing sequencing costs by 45%, making high-quality genomic data more accessible and further driving the market’s expansion.

Research and Development Focus
Investment in research and development is a critical factor propelling market growth. Over 72% of biotechnology companies are focused on improving the efficiency and accuracy of sequencing kits. This focus is accelerating the development of more robust and user-friendly kits, driving greater adoption in clinical and research settings.

Growing Adoption in Healthcare
Sequencing kits are witnessing increased use in healthcare, especially in oncology and genetic disorders. Nearly 51% of healthcare providers are now incorporating these kits for patient-specific treatment regimens. This is particularly relevant in cancer genomics, where personalized treatment strategies are becoming more prevalent.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Sequencing Kits Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements in sequencing techniques
        2. Rising demand for personalized medicine
      2. Restraints
        1. High cost associated with sequencing kits
        2. Complexity in data interpretation and analysis
      3. Opportunities
        1. Growing applications in clinical diagnostics
        2. Expansion of genomics research worldwide
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Sequencing Kits Market, By Type, 2021 - 2031 (USD Million)
      1. Sanger Sequencing
      2. Next Generation Sequencing
      3. Third Generation Sequencing
    2. Sequencing Kits Market, By Technology, 2021 - 2031 (USD Million)

      1. NGS

      2. Sanger

    3. Sequencing Kits Market, By Application, 2021 - 2031 (USD Million)
      1. Oncology
      2. Retypeive Health
      3. Clinical Investigation
      4. Agrigenomics & Forensics
      5. Others
    4. Sequencing Kits Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Pharmaceutical & Biotechnology Companies
      3. Academic & Research Institutes
      4. Others
    5. Sequencing Kits Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Illumina, Inc.
      2. Thermo Fisher Scientific Inc.
      3. Qiagen N.V.
      4. Oxford Nanopore Technologies Ltd.
      5. Pacific Biosciences of California, Inc.
      6. Roche Holding AG
      7. Agilent Technologies, Inc.
      8. Bio-Rad Laboratories, Inc.
      9. BGI Group
      10. PerkinElmer, Inc.
  7. Analyst Views
  8. Future Outlook of the Market