Sequencing consumables refer to the reagents, consumables, and kits used in next-generation sequencing (NGS) technologies. Next-generation sequencing has revolutionized genomic research and clinical diagnostics in recent years by allowing large-scale, fast, and low-cost DNA sequencing. However, NGS still requires substantial capital investment in complex laboratory equipment and sustained spending on sequencing consumables to derive clinical benefits. Advances in sequencing chemistries, platform automation, and integrated workflows are expanding the scope of NGS into new clinical applications such as non-invasive prenatal testing, cancer screening, and infectious disease monitoring.
Market Dynamics:
Growing adoption of NGS in clinical diagnosis and treatment is a key driver. The capability of NGS to accurately sequence hundreds and thousands of genes simultaneously is accelerating its use in oncology for cancer gene profiling, monitoring treatment response, and detecting relapse. Rising demand for personalized medicine based on a patient's genomic information is also propelling the market growth. Lower reimbursement coverage for clinical NGS tests compared to traditional diagnostic methods restricts wider market adoption. Additionally, lengthy and complex data analysis workflows associated with NGS hinder its routine use in clinical settings. Emerging applications of NGS in prenatal testing, transplant rejection monitoring, and infectious disease outbreak investigation present major opportunities. Demand is expected to rise with the development of more sensitive and portable NGS devices that can perform rapid sequencing at the point-of-care.
Key Features of the Study:
- This report provides an in-depth analysis of the global sequencing consumables market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global sequencing consumables market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Hoffmann-La Roche Ltd., QIAGEN, Agilent Technologies, Millipore Sigma, Takara Bio Inc., Beckman Coulter, Inc., Eurofins Genomics, Oxford Nanopore Technologies Ltd., Thermo Fisher Scientific, Inc., and BGI Genomics
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global sequencing consumables market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sequencing consumables market
Detailed Segmentation:
- Global Sequencing Consumables Market, By Product
- Kits
- DNA Library Preparation
- RNA Library Preparation
- Target Enrichment
- Library Quantification
- Purification & Quality Control
- Others
- Reagents
- Sample Prep
- Library Preparation And Amplification
- Sequencing
- Accessories
- Collection Tubes
- Plates
- Others
- Global Sequencing Consumables Market, By Platform
- 1st Generation Sequencing Consumables
- 2nd Generation Sequencing Consumables
- 3rd Generation Sequencing Consumables
- Global Sequencing Consumables Market, By Application
- Cancer Diagnostics
- Infectious Disease Diagnostics
- Reproductive Health Diagnostics
- Pharmacogenomics
- Agrigenomics
- Others
- Global Sequencing Consumables Market, By End-Use
- Pharmaceutical And Biotechnology Companies
- Hospitals And Laboratories
- Academic Research Institutes
- Others
- Global Sequencing Consumables Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top Companies in the Global Sequencing Consumables Market:
- F.Hoffmann-La Roche Ltd.
- QIAGEN
- Agilent Technologies
- Millipore Sigma
- Takara Bio Inc.
- Beckman Coulter, Inc.
- Eurofins Genomics
- Oxford Nanopore Technologies Ltd.
- Thermo Fisher Scientific, Inc.
- BGI Genomics
