Sequencing Reagents Market

By Technology;

Sanger Sequencing, NGS and Third Generation Sequencing

By Type;

Library Kits, Template Kits, Control Kits, Sequencing Kits and Others

By Application;

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

By End-Use;

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

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn164618585 Published Date: August, 2025 Updated Date: September, 2025

Sequencing Reagents Market Overview

Sequencing Reagents Market (USD Million)

Sequencing Reagents Market was valued at USD 9,756.73 million in the year 2024. The size of this market is expected to increase to USD 23,528.57 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.4%.


Sequencing Reagents Market

*Market size in USD million

CAGR 13.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)13.4 %
Market Size (2024)USD 9,756.73 Million
Market Size (2031)USD 23,528.57 Million
Market ConcentrationLow
Report Pages391
9,756.73
2024
23,528.57
2031

Major Players

  • Illumina, Inc.
  • Thermo Fisher Scientific Inc.
  • Qiagen N.V.
  • Agilent Technologies, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Oxford Nanopore Technologies Ltd.
  • Pacific Biosciences of California, Inc.
  • Bio-Rad Laboratories, Inc.
  • PerkinElmer, Inc.
  • Takara Bio Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Sequencing Reagents Market

Fragmented - Highly competitive market without dominant players



The Sequencing Reagents Market has experienced significant growth, driven by advancements in genomic research and the increasing demand for accurate and efficient genetic testing. Approximately 65% of research institutions and diagnostic laboratories are relying on sequencing reagents for next-generation sequencing (NGS) processes, enabling faster and more reliable results. This growth is fueled by the rising demand for genetic testing in both clinical and research environments.

Technological Advancements
Ongoing technological improvements have expanded the capabilities of sequencing reagents. About 60% of biotechnology companies are integrating enhanced reagents that improve the accuracy and precision of genetic analysis. Innovations such as multiplexing and high-throughput sequencing have made these reagents more efficient, facilitating broader adoption across diverse applications.

Research and Development Focus
Research and development initiatives are accelerating the growth of the sequencing reagents market. Approximately 70% of key players in the biotechnology sector are investing heavily in R&D to optimize reagent formulations, increase throughput, and reduce costs. These efforts aim to address the increasing demand for affordable, high-performance sequencing solutions across different industries.

Growth in Healthcare Adoption
The healthcare sector is a major contributor to the demand for sequencing reagents, particularly in the fields of oncology and genetic disorders. Around 55% of healthcare providers have adopted sequencing reagents to enhance the precision of genetic tests and inform personalized treatment plans, which is especially evident in cancer treatment and rare genetic disease management.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Sequencing Reagents Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements in sequencing technologies
        2. Increasing applications in personalized medicine
      2. Restraints
        1. High costs associated with sequencing reagents
        2. Complex regulatory landscape
      3. Opportunities
        1. Rising demand for Next-Generation Sequencing (NGS) in research and diagnostics
        2. Emerging markets and untapped regions
    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 Reagents Market, By Technology, 2021 - 2031 (USD Million)
      1. Sanger Sequencing
      2. NGS
      3. Third Generation Sequencing
    2. Sequencing Reagents Market, By Type, 2021 - 2031 (USD Million)
      1. Library Kits
      2. Template Kits
      3. Control Kits
      4. Sequencing Kits
      5. Others
    3. Sequencing Reagents Market, By Application, 2021 - 2031 (USD Million)
      1. Oncology
      2. Reproductive Health
      3. Clinical Investigation
      4. Agrigenomics & Forensics
      5. Others
    4. Sequencing Reagents Market, By End-Use, 2021 - 2031 (USD Million)
      1. Academic Research
      2. Clinical Research
      3. Hospitals & Clinics
      4. Pharmaceutical & Biotechnology Companies
      5. Others
    5. Sequencing Reagents 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. Agilent Technologies, Inc.
      5. F. Hoffmann-La Roche Ltd.
      6. Oxford Nanopore Technologies Ltd.
      7. Pacific Biosciences of California, Inc.
      8. Bio-Rad Laboratories, Inc.
      9. PerkinElmer, Inc.
      10. Takara Bio Inc.
  7. Analyst Views
  8. Future Outlook of the Market