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

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 and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn164618585 Published Date: February, 2025 Updated Date: March, 2025

Introduction

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

In the year 2024, the Global Sequencing Reagents Market was valued at USD 9,756.73 million. 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%.

The global sequencing reagents market has witnessed significant growth in recent years, driven by advancements in genomic research and diagnostic applications. Sequencing reagents are essential components used in next-generation sequencing (NGS) technologies, which have revolutionized our ability to analyze genetic material with unprecedented speed and accuracy. This technology has found wide-ranging applications in various fields, including personalized medicine, oncology, agriculture, and evolutionary biology, among others.

One of the key drivers of market growth is the increasing demand for personalized medicine and companion diagnostics. NGS technologies facilitated by sequencing reagents enable healthcare providers to tailor treatments based on individual genetic profiles, improving patient outcomes and reducing adverse effects. Moreover, the declining costs of sequencing reagents and instruments have made genomic analysis more accessible, fostering widespread adoption across research institutions and clinical laboratories worldwide.

Challenges such as data interpretation complexities and the need for robust bioinformatics infrastructure remain significant hurdles. Addressing these challenges will be crucial for unlocking the full potential of sequencing reagents in advancing healthcare and biological research. As technology continues to evolve and new applications emerge, the global sequencing reagents market is poised for continued expansion, driven by innovations aimed at enhancing sequencing accuracy, throughput, and cost-effectiveness.

  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. Global 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. Global Sequencing Reagents Market, By Technology, 2021 - 2031 (USD Million)
      1. Sanger Sequencing
      2. NGS
      3. Third Generation Sequencing
    2. Global Sequencing Reagents Market, By Type, 2021 - 2031 (USD Million)
      1. Library Kits
      2. Template Kits
      3. Control Kits
      4. Sequencing Kits
      5. Others
    3. Global Sequencing Reagents Market, By Application, 2021 - 2031 (USD Million)
      1. Oncology
      2. Reproductive Health
      3. Clinical Investigation
      4. Agrigenomics & Forensics
      5. Others
    4. Global 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. Global 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