Authored By: Sarah
29 Aug 2023

Next Generation Sequencing Market | Leading Segments, Trends, Drivers and Challenges

Market Recovery and Growth Projections 2021-2025

The next generation sequencing market is expected to grow by $ 2.47 bn, accelerating at a CAGR of almost 11.77% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.


Request for Our Free Sample Report for detailed Insights


Next Generation Sequencing Market Size to Grow by $ 2.47 bn through 2021-2025 | Leading Segments and Market Trends

Next Generation Sequencing Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented by Product (consumables and equipment) and Geography (North America, Europe, Asia, and ROW).
  • 39% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Next Generation Sequencing Market size.

Next Generation Sequencing Market Size to Grow by $ 2.47 bn through 2021-2025 | Leading Segments and Market Trends

Next Generation Sequencing Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Increased utilization of next generation sequencing methods will be a significant factor in driving the growth of the Next Generation Sequencing Market.
  • Growing demand for early diagnosis of genetic disorders will be instrumental in driving the market growth during the forecast period.
  • Lack of clinical validation on direct-to-consumer genetic tests is a hurdle that needs to be crossed on the path to success.

Next Generation Sequencing Market: Vendor Analysis

  • The market is fragmented.
  • Bio Rad Laboratories Inc., Eurofins Scientific SE, F. Hoffmann-La Roche Ltd., Illumina Inc., Laboratory Corp. of America Holdings, Merck KGaA, PerkinElmer Inc., QIAGEN NV, Takara Bio Inc., and Thermo Fisher Scientific Inc. are some of the major market participants.
  • The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

  • Market segments
  • Comparison by Product
  • Filleting and skinning equipment - Market size and forecast 2020-2025
  • De-heading and gutting equipment - Market size and forecast 2020-2025
  • Grading equipment - Market size and forecast 2020-2025
  • Scaling equipment - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Bio Rad Laboratories Inc.
  • Eurofins Scientific SE
  • F. Hoffmann-La Roche Ltd.
  • Illumina Inc.
  • Laboratory Corp. of America Holdings
  • Merck KGaA
  • PerkinElmer Inc.
  • QIAGEN NV
  • Takara Bio Inc.
  • Thermo Fisher Scientific Inc.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 11.77%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.47 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increased utilization of next generation sequencing methods will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, Asia, and ROW are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    39% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Bio Rad Laboratories Inc., Eurofins Scientific SE, F. Hoffmann-La Roche Ltd., Illumina Inc., Laboratory Corp. of America Holdings, Merck KGaA, PerkinElmer Inc., QIAGEN NV, Takara Bio Inc., and Thermo Fisher Scientific Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (consumables and equipment) and Geography (North America, Europe, Asia, and ROW)

Next Generation Sequencing Market | Leading Segments, Trends, Drivers and Challenges

Global next generation sequencing market is likely to post an incremental growth of $ 2.47 bn, accelerating at a CAGR of  11.77% during the forecast period. This research provides a detailed analysis of the market segments and a geographic landscape. It also offers insights into the various growth factors and challenges that are likely to have a negative impact on market growth. This thorough research will equip clients with the insights necessary to plan and strategize a post-pandemic recovery plan.


Request for Our Free Sample Report for detail Insights


Next Generation Sequencing Market Size to Grow by $ 2.47 bn through 2021-2025 | Leading Segments and Market Trends

Next Generation Sequencing Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented by Product (consumables and equipment) and Geography (North America, Europe, Asia, and ROW).
  • 39% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Next Generation Sequencing Market size.

Next Generation Sequencing Market Size to Grow by $ 2.47 bn through 2021-2025 | Leading Segments and Market Trends

Next Generation Sequencing Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Increased utilization of next generation sequencing methods will be a significant factor in driving the growth of the Next Generation Sequencing Market.
  • Growing demand for early diagnosis of genetic disorders will be instrumental in driving the market growth during the forecast period.
  • Lack of clinical validation on direct-to-consumer genetic tests is a hurdle that needs to be crossed on the path to success.

Next Generation Sequencing Market: Vendor Analysis

  • The market is fragmented.
  • Bio Rad Laboratories Inc., Eurofins Scientific SE, F. Hoffmann-La Roche Ltd., Illumina Inc., Laboratory Corp. of America Holdings, Merck KGaA, PerkinElmer Inc., QIAGEN NV, Takara Bio Inc., and Thermo Fisher Scientific Inc. are some of the major market participants.
  • The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments that have had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areass Covered in our Report:

  • Market segments
  • Comparison by Product
  • Filleting and skinning equipment - Market size and forecast 2020-2025
  • De-heading and gutting equipment - Market size and forecast 2020-2025
  • Grading equipment - Market size and forecast 2020-2025
  • Scaling equipment - Market size and forecast 2020-2025
  • Others - Market size and forecast 2020-2025
  • Market opportunity by Product

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Bio Rad Laboratories Inc.
  • Eurofins Scientific SE
  • F. Hoffmann-La Roche Ltd.
  • Illumina Inc.
  • Laboratory Corp. of America Holdings
  • Merck KGaA
  • PerkinElmer Inc.
  • QIAGEN NV
  • Takara Bio Inc.
  • Thermo Fisher Scientific Inc.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 11.77%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 2.47 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Increased utilization of next generation sequencing methods will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, Asia, and ROW are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    39% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Bio Rad Laboratories Inc., Eurofins Scientific SE, F. Hoffmann-La Roche Ltd., Illumina Inc., Laboratory Corp. of America Holdings, Merck KGaA, PerkinElmer Inc., QIAGEN NV, Takara Bio Inc., and Thermo Fisher Scientific Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (consumables and equipment) and Geography (North America, Europe, Asia, and ROW)
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