Global Sequencing Kits Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Sanger Sequencing, Next Generation Sequencing and Third Generation Sequencing.

By Application;

Oncology, Retypeive Health, Clinical Investigation, Agrigenomics & Forensics and Other.

By End Use;

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

By Geography;

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

Introduction

Global Sequencing Kits Market (USD Million), 2021 - 2031

In the year 2024, the Global Sequencing Kits Market was valued at USD 5,905.64 million. 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%.

The global sequencing kits market has experienced robust growth in recent years, driven by advancements in genomics research, clinical diagnostics, and personalized medicine. Sequencing kits play a crucial role in enabling accurate and efficient sequencing of DNA and RNA molecules, which is essential for understanding genetic variations, disease mechanisms, and developing targeted therapies. The market's expansion is further propelled by increasing investments in biotechnology and pharmaceutical sectors, as well as rising demand for rapid and cost-effective sequencing solutions across various applications.

Key players in the sequencing kits market continue to innovate, introducing next-generation sequencing (NGS) technologies that offer higher throughput, accuracy, and reduced costs per base pair sequenced. These advancements are pivotal in expanding the accessibility of sequencing technologies beyond traditional research settings to clinical laboratories and academic institutions worldwide. Moreover, the growing prevalence of genetic disorders and infectious diseases has spurred the adoption of sequencing kits for diagnostic purposes, driving market growth.

Geographically, North America holds a significant share in the sequencing kits market, driven by a strong presence of biotechnology and pharmaceutical industries, supportive government initiatives, and increasing research funding. However, the Asia Pacific region is poised for rapid growth, fueled by expanding healthcare infrastructure, growing investments in genomics research, and rising awareness about personalized medicine. Overall, the sequencing kits market is expected to continue its upward trajectory, driven by technological advancements, expanding applications, and increasing adoption across diverse end-user segments globally.

  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 Application
    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global 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. Global Sequencing Kits Market, By Type, 2021 - 2031 (USD Million)
      1. Sanger Sequencing
      2. Next Generation Sequencing
      3. Third Generation Sequencing
    2. Global Sequencing Kits Market, By Application, 2021 - 2031 (USD Million)
      1. Oncology
      2. Retypeive Health
      3. Clinical Investigation
      4. Agrigenomics & Forensics
      5. Other
    3. Global Sequencing Kits Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals & Clinics
      2. Pharmaceutical & Biotechnology Companies
      3. Academic and Research Institutes
      4. Others
    4. Global 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