Metagenomic Sequencing Market

Metagenomic Sequencing Market Analysis by Reagents & Consumables, Instruments, Services, and Analysis & Data Interpretation Solutions from 2023 to 2033

Analysis of Metagenomic Sequencing Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Metagenomic Sequencing Market Outlook (2023 to 2033)

Newly-released metagenomic sequencing market analysis report by Fact.MR reveals that global revenue of Metagenomic Sequencing Market in 2022 was held at US$ 1.2 Billion. With 17.6% projected growth from 2023 to 2033, the market is expected to reach a valuation of US$ 7.1 Billion by the end of the forecast period.

Reagents & Consumables are expected to be the highest revenue-generating type in the market, projected to grow at a CAGR of over 17.4% from 2023 to 2033.

Attributes Details

Global Metagenomic Sequencing Market Size 2022

US$ 1.2 Billion

Global Metagenomic Sequencing Market Size at End of Forecast (2033)

US$ 7.1 Billion

Global Metagenomic Sequencing Market CAGR (2023 to 2033)

17.6%

U.S. Metagenomic Sequencing Market CAGR (2023 to 2033)

17.4%

Key Companies Covered

  • Illumina, Inc.
  • Thermo Fisher Scientific
  • QIAGEN
  • PerkinElmer, Inc.
  • Oxford Nanopore Technologies Plc.
  • Pacific Biosciences of California, Inc.
  • BGI Group
  • Psamogen, Inc.
  • Eurofins Scientific
  • Azenta Life Sciences
  • Novogen Co. Ltd.
  • Zymo Research Corporation
  • Tecan Trading AG
  • Integragen SA
  • Microsynth AG

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Revenue of Metagenomic Sequencing Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033

As per the research of the metagenomic sequencing market by Fact.MR - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value increased at around 15.3% CAGR. With an absolute dollar opportunity of US$ 5.7 Billion, the market is projected to reach a valuation of US$ 7.1 Billion by 2033.

What are the Key Drivers Influencing Market Expansion?

The key drivers influencing market expansion include increased demand for microbiome research, technological advancement, growing applications in diverse fields, increasing investments in R&D, increasing awareness about precision medicine, and the prevalence of chronic diseases.

Metagenomic sequencing is used to study genetic material collected from environmental samples, such as soil, water, and air, as well as from biological samples, such as feces or skin swabs. The process of extracting DNA or RNA from a sample and sequencing the genetic material using high-throughput sequencing technologies such as Illumina or PacBio sequencing is known as metagenomic sequencing. The human microbiome plays a critical role in human health and disease, and researchers are increasingly interested in studying its composition and function. Metagenomic sequencing provides a powerful tool for investigating the microbiome, driving demand for this technology.

According to research, sepsis is a life-threatening condition caused by a systemic infection. In 2017, over 48.9 million sepsis cases were diagnosed and 11 million deaths were reported worldwide. Metagenomic sequencing can cause to identify the causative agents and used for the treatment. This is expected to influence the market growth.

Meningitis is a serious disease that can be caused by bacteria, viruses, or other microorganisms. According to the World Health Organization (WHO), there were over 2.8 million cases of meningitis and about 271 thousand deaths worldwide in 2019. Metagenomic sequencing of cerebrospinal fluid can help to identify the cause of the infection which is expected to lead to market growth in the upcoming years.

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Region-Wise Analysis

Which Region is projected to Offer Significant growth in the Market?

North America is a prominent shareholder of the market with a market size of US$ 493 million in 2022 and is estimated to reach US$ 575 million in 2023. It is projected that the region will have a market worth US$ 2.9 billion by 2033.

Sickle cell disease (SCD) is the most common disease in the United States, affecting 1 in 500 Americans. And over 3 million infants are born with sickle cell anemia annually. Meltagenomic sequencing is used for diagnosis, treatment, and prevention of sickle cell disease and other chronic illnesses. The increase in sickle cell incidence has been influencing the growing need for metagenomic sequencing.

Country-Wise Analysis :

United States Metagenomic Sequencing Market Analysis :

The market in the United States is expected to grow to be worth US$ 2.5 Billion by 2033, with an absolute dollar growth of US$ 2 Billion from 2023 to 2033. The market in the United States has grown at a CAGR of 14.8% from 2018 to 2022 and is expected to grow at a CAGR of 17.4% from the year 2023 to 2033.

In 2018, with over 9.6 million deaths, cancer was the second leading cause of death globally. Metagenomics sequencing can be used to analyze the microbiome which is the collection of microorganisms and also to analyze tumor DNA which provides information about genetic mutations. It also helps in diagnosing and guides the treatment of cancer. This is expected to influences the market growth.

United Kingdom Metagenomic Sequencing Market Analysis :

The market in the United Kingdom is expected to grow to be worth US$ 321.7 million by 2033, with an absolute dollar growth of US$ 253.4 million. The market in the United Kingdom has grown at a CAGR of 13.7% from 2018 to 2022 and is expected to grow at a CAGR of 16.8% from 2023 to 2033.

According to research, in 2019 around 105 thousand people were diagnosed with HIV and 229 people died due to HIV in the United Kingdom. Overall, Metagenomic sequencing has the potential to the advanced diagnosis of HIV and improves treatment and prevention strategies. The increase in the incidence of HIV, influences the market growth.

China Metagenomic Sequencing Market Analysis :

In China, the market is expected to grow to be worth US$ 620.3 million with an absolute dollar growth of US$ 490.9 million. The market in China has grown at a CAGR of 14.3% from 2018 to 2022 and is expected to grow at a CAGR of 17% from 2023 to 2033.

According to official data from the Chinese government, China was the first country to report cases of COVID-19. In 2020, about 91 thousand cases were diagnosed and over 4 thousand patients died due to COVID-19. Metagenomic sequencing helps with the detection and characterization of SARS-CoV-2 and develops diagnostic tests and other tools for outbreak management. Thus the market in China grew at a significant pace with the onset of Covid-19 in the country.

Japan Metagenomic Sequencing Market Analysis :

In Japan, the market is expected to grow to be worth US$ 347.9 million with an absolute dollar growth of US$ 264.4 Million. The market in the country has grown at a CAGR of 12% from 2018 to 2022 and is expected to grow at a CAGR of 15.3% from the year 2023 to 2033.

According to World Health Organisation (WHO), there were over 94 thousand lung cancer cases diagnosed and around 71 thousand deaths were reported in 2018. Lung cancer is the leading cause of death in Japan. Metagenomic sequencing can detect genetic mutations and other alterations in cancer cells, which can help in treatment decisions and disease progression monitoring.

India Metagenomic Sequencing Market Analysis :

The market in India is expected to grow to be worth US$ 190.8 million by 2033, with an absolute dollar growth of US$ 141.8 million. The market in the country has grown at a CAGR of 11.1% from 2018 to 2022 and is expected to grow at a CAGR of 14.6% from 2023 to 2033.

According to the National AIDS Control Organization (NACO), in 2018, over 2.1 million cases were diagnosed and 69 thousand people died due to HIV in India. Metagenomic sequencing is used for the diagnosis, prevention, and treatment of HIV. The increase in the cases of HIV is expected to influences the market growth in the forthcoming years.

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Category-Wise Insights

Why Market Revenue through Reagents and Consumables is projected to Witness Significant Growth?

The demand for reagents and consumables is projected to witness significant growth with a CAGR of 15.1% from 2018 to 2022 and is expected to grow at a CAGR of 17.4% from 2023 to 2033.

Reagents and consumables are essential materials used in various laboratory procedures and experiments. Reagents and consumables are convenient, cost-effective, specialized for specific applications, and designed with safety features, and they can improve the accuracy of experimental results. Thus, demand through reagents and consumables is projected to witness significant growth in revenue.

The factors include the development and commercialization of high-quality reagents and kits, DNA extraction kits, bioinformatics software, library preparation kits, sequencing reagents, and continuous reagents by end users.

Through which Application is the Market projected to Witness Significant Growth?

The market through drug discovery application is projected to witness significant growth with a CAGR of 14.8% from 2018 to 2022 and 16.9% from 2023 to 2033.

Drug discovery is the process of identifying and developing new medications for the treatment of various diseases and medical conditions. The significant market share of this sector can be linked to the expansion of research initiatives for the discovery of novel drugs and of market participants, academic institutions, and pharmaceutical firm’s drug development partnerships.

Competitive Analysis :

Key players in the market are Illumina, Inc., Thermo Fisher Scientific, QIAGEN, PerkinElmer, Inc., Oxford Nanopore Technologies Plc., Pacific Biosciences of California, Inc., BGI Group, Psamogen, Inc., Eurofins Scientific, Azenta Life Sciences, Novogen Co. Ltd., Zymo Research Corporation, Tecan Trading AG, Integragen SA, and Microsynth AG.

A few of the recent developments in the market are :

  • In July 2021, Pacific Biosciences announced a partnership with Invitae, a prominent medical genetics company. Through this partnership, PacBio's long-read sequencing technology and Invitae's experience with clinical genetic testing will be combined to create a high-throughput sequencing platform for genetic testing.
  • In February 2021, Thermo Fisher announced a partnership with Janssen Pharmaceuticals, a subsidiary of Johnson & Johnson, to develop a companion diagnostic test for cancer drug. The test will use Thermo Fisher's NGS technology to identify patients who are likely to respond to the drug.
  • In December 2020, Illumina acquired Pacific Biosciences for approximately US$ 1.2 billion. It is expected to bring together the strengths of both companies in the field of DNA sequencing.

Segmentation of the Metagenomic Sequencing Market :

  • By Product & Service :

    • Reagents & Consumables
    • Instruments
    • Services
    • Analysis & Data Interpretation Solutions
  • By Workflow :

    • Sample Processing & Library Preparation
    • Sequencing
    • Data Processing & Analysis
  • By Technology :

    • Shotgun Metagenomic Sequencing
    • 16S rRNA Sequencing
    • Metatranscriptomics
    • Whole-genome Sequencing & De Novo Assembly
  • By Application :

    • Drug Discovery
    • Clinical Diagnostics
    • Soil Microbiome Application
    • Industrial Applications
      • Energy
      • Bioremediation
      • Other
    • Ecology and Environmental Applications
    • Veterinary Applications
    • Other Applications
  • By Region :

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

        3.6.2. By Key Countries

    3.7. Regional Parent Market Outlook

4. Global Market Analysis 2018-2022 and Forecast, 2023-2033

    4.1. Historical Market Size Value (US$ Million) Analysis, 2018-2022

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2023-2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Product & Service

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Product & Service, 2018-2022

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product & Service, 2023-2033

        5.3.1. Reagents & Consumables

        5.3.2. Instruments

        5.3.3. Services

        5.3.4. Analysis & Data Interpretation Solutions

    5.4. Y-o-Y Growth Trend Analysis By Product & Service, 2018-2022

    5.5. Absolute $ Opportunity Analysis By Product & Service, 2023-2033

6. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Workflow

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Workflow, 2018-2022

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Workflow, 2023-2033

        6.3.1. Sample Processing & Library Preparation

        6.3.2. Sequencing

        6.3.3. Data Processing & Analysis

    6.4. Y-o-Y Growth Trend Analysis By Workflow, 2018-2022

    6.5. Absolute $ Opportunity Analysis By Workflow, 2023-2033

7. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Technology

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By Technology, 2018-2022

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Technology, 2023-2033

        7.3.1. Shotgun Metagenomic Sequencing

        7.3.2. 16S rRNA Sequencing

        7.3.3. Metatranscriptomics

        7.3.4. Whole-genome Sequencing & De Novo Assembly

    7.4. Y-o-Y Growth Trend Analysis By Technology, 2018-2022

    7.5. Absolute $ Opportunity Analysis By Technology, 2023-2033

8. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Application

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Million) Analysis By Application, 2018-2022

    8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2023-2033

        8.3.1. Drug Discovery

        8.3.2. Clinical Diagnostics

        8.3.3. Soil Microbiome Application

        8.3.4. Industrial Applications

            8.3.4.1. Energy

            8.3.4.2. Bioremediation

            8.3.4.3. Other

        8.3.5. Ecology and Environmental Applications

        8.3.6. Veterinary Applications

        8.3.7. Other Applications

    8.4. Y-o-Y Growth Trend Analysis By Application, 2018-2022

    8.5. Absolute $ Opportunity Analysis By Application, 2023-2033

9. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Region

    9.1. Introduction

    9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018-2022

    9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023-2033

        9.3.1. North America

        9.3.2. Latin America

        9.3.3. Europe

        9.3.4. Asia Pacific

        9.3.5. Middle East and Africa

    9.4. Market Attractiveness Analysis By Region

10. North America Market Analysis 2018-2022 and Forecast 2023-2033, By Country

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018-2022

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023-2033

        10.2.1. By Country

            10.2.1.1. U.S.

            10.2.1.2. Canada

        10.2.2. By Product & Service

        10.2.3. By Workflow

        10.2.4. By Technology

        10.2.5. By Application

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Product & Service

        10.3.3. By Workflow

        10.3.4. By Technology

        10.3.5. By Application

    10.4. Key Takeaways

11. Latin America Market Analysis 2018-2022 and Forecast 2023-2033, By Country

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018-2022

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023-2033

        11.2.1. By Country

            11.2.1.1. Brazil

            11.2.1.2. Mexico

            11.2.1.3. Rest of Latin America

        11.2.2. By Product & Service

        11.2.3. By Workflow

        11.2.4. By Technology

        11.2.5. By Application

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Product & Service

        11.3.3. By Workflow

        11.3.4. By Technology

        11.3.5. By Application

    11.4. Key Takeaways

12. Europe Market Analysis 2018-2022 and Forecast 2023-2033, By Country

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018-2022

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023-2033

        12.2.1. By Country

            12.2.1.1. U.K.

            12.2.1.2. Spain

            12.2.1.3. Germany

            12.2.1.4. Italy

            12.2.1.5. France

            12.2.1.6. Rest of Europe

        12.2.2. By Product & Service

        12.2.3. By Workflow

        12.2.4. By Technology

        12.2.5. By Application

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Product & Service

        12.3.3. By Workflow

        12.3.4. By Technology

        12.3.5. By Application

    12.4. Key Takeaways

13. Asia Pacific Market Analysis 2018-2022 and Forecast 2023-2033, By Country

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018-2022

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023-2033

        13.2.1. By Country

            13.2.1.1. India

            13.2.1.2. China

            13.2.1.3. Japan

            13.2.1.4. Rest of Asia Pacific

        13.2.2. By Product & Service

        13.2.3. By Workflow

        13.2.4. By Technology

        13.2.5. By Application

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Product & Service

        13.3.3. By Workflow

        13.3.4. By Technology

        13.3.5. By Application

    13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2018-2022 and Forecast 2023-2033, By Country

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018-2022

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023-2033

        14.2.1. By Country

            14.2.1.1. South Africa

            14.2.1.2. GCC Countries

            14.2.1.3. Rest of Middle East and Africa

        14.2.2. By Product & Service

        14.2.3. By Workflow

        14.2.4. By Technology

        14.2.5. By Application

    14.3. Market Attractiveness Analysis

        14.3.1. By Country

        14.3.2. By Product & Service

        14.3.3. By Workflow

        14.3.4. By Technology

        14.3.5. By Application

    14.4. Key Takeaways

15. Key Countries Market Analysis

    15.1. U.S.

        15.1.1. Pricing Analysis

        15.1.2. Market Share Analysis, 2022

            15.1.2.1. By Product & Service

            15.1.2.2. By Workflow

            15.1.2.3. By Technology

            15.1.2.4. By Application

    15.2. Canada

        15.2.1. Pricing Analysis

        15.2.2. Market Share Analysis, 2022

            15.2.2.1. By Product & Service

            15.2.2.2. By Workflow

            15.2.2.3. By Technology

            15.2.2.4. By Application

    15.3. Brazil

        15.3.1. Pricing Analysis

        15.3.2. Market Share Analysis, 2022

            15.3.2.1. By Product & Service

            15.3.2.2. By Workflow

            15.3.2.3. By Technology

            15.3.2.4. By Application

    15.4. Mexico

        15.4.1. Pricing Analysis

        15.4.2. Market Share Analysis, 2022

            15.4.2.1. By Product & Service

            15.4.2.2. By Workflow

            15.4.2.3. By Technology

            15.4.2.4. By Application

    15.5. U.K.

        15.5.1. Pricing Analysis

        15.5.2. Market Share Analysis, 2022

            15.5.2.1. By Product & Service

            15.5.2.2. By Workflow

            15.5.2.3. By Technology

            15.5.2.4. By Application

    15.6. Spain

        15.6.1. Pricing Analysis

        15.6.2. Market Share Analysis, 2022

            15.6.2.1. By Product & Service

            15.6.2.2. By Workflow

            15.6.2.3. By Technology

            15.6.2.4. By Application

    15.7. Germany

        15.7.1. Pricing Analysis

        15.7.2. Market Share Analysis, 2022

            15.7.2.1. By Product & Service

            15.7.2.2. By Workflow

            15.7.2.3. By Technology

            15.7.2.4. By Application

    15.8. Italy

        15.8.1. Pricing Analysis

        15.8.2. Market Share Analysis, 2022

            15.8.2.1. By Product & Service

            15.8.2.2. By Workflow

            15.8.2.3. By Technology

            15.8.2.4. By Application

    15.9. France

        15.9.1. Pricing Analysis

        15.9.2. Market Share Analysis, 2022

            15.9.2.1. By Product & Service

            15.9.2.2. By Workflow

            15.9.2.3. By Technology

            15.9.2.4. By Application

    15.10. India

        15.10.1. Pricing Analysis

        15.10.2. Market Share Analysis, 2022

            15.10.2.1. By Product & Service

            15.10.2.2. By Workflow

            15.10.2.3. By Technology

            15.10.2.4. By Application

    15.11. China

        15.11.1. Pricing Analysis

        15.11.2. Market Share Analysis, 2022

            15.11.2.1. By Product & Service

            15.11.2.2. By Workflow

            15.11.2.3. By Technology

            15.11.2.4. By Application

    15.12. Japan

        15.12.1. Pricing Analysis

        15.12.2. Market Share Analysis, 2022

            15.12.2.1. By Product & Service

            15.12.2.2. By Workflow

            15.12.2.3. By Technology

            15.12.2.4. By Application

    15.13. Australia & New Zealand

        15.13.1. Pricing Analysis

        15.13.2. Market Share Analysis, 2022

            15.13.2.1. By Product & Service

            15.13.2.2. By Workflow

            15.13.2.3. By Technology

            15.13.2.4. By Application

    15.14. South Africa

        15.14.1. Pricing Analysis

        15.14.2. Market Share Analysis, 2022

            15.14.2.1. By Product & Service

            15.14.2.2. By Workflow

            15.14.2.3. By Technology

            15.14.2.4. By Application

    15.15. GCC Countries

        15.15.1. Pricing Analysis

        15.15.2. Market Share Analysis, 2022

            15.15.2.1. By Product & Service

            15.15.2.2. By Workflow

            15.15.2.3. By Technology

            15.15.2.4. By Application

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product & Service

        16.3.3. By Workflow

        16.3.4. By Technology

        16.3.5. By Application

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. Illumina, Inc.

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

        17.1.2. Thermo Fisher Scientific

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

        17.1.3. QIAGEN

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

        17.1.4. PerkinElmer, Inc.

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

        17.1.5. Oxford Nanopore Technologies Plc.

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

        17.1.6. Pacific Biosciences of California, Inc.

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

        17.1.7. BGI Group

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

        17.1.8. Psamogen, Inc.

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

        17.1.9. Eurofins Scientific

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

        17.1.10. Azenta Life Sciences

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

        17.1.11. Novogen Co. Ltd.

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

        17.1.12. Zymo Research Corporation

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segments

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

        17.1.13. Tecan Trading AG

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segments

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

        17.1.14. Integragen SA

            17.1.14.1. Overview

            17.1.14.2. Product Portfolio

            17.1.14.3. Profitability by Market Segments

            17.1.14.4. Sales Footprint

            17.1.14.5. Strategy Overview

                17.1.14.5.1. Marketing Strategy

        17.1.15. Microsynth AG

            17.1.15.1. Overview

            17.1.15.2. Product Portfolio

            17.1.15.3. Profitability by Market Segments

            17.1.15.4. Sales Footprint

            17.1.15.5. Strategy Overview

                17.1.15.5.1. Marketing Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Million) Forecast by Region, 2018-2033

Table 02: Global Market Value (US$ Million) Forecast by Product & Service, 2018-2033

Table 03: Global Market Value (US$ Million) Forecast by Workflow, 2018-2033

Table 04: Global Market Value (US$ Million) Forecast by Technology, 2018-2033

Table 05: Global Market Value (US$ Million) Forecast by Application, 2018-2033

Table 06: North America Market Value (US$ Million) Forecast by Country, 2018-2033

Table 07: North America Market Value (US$ Million) Forecast by Product & Service, 2018-2033

Table 08: North America Market Value (US$ Million) Forecast by Workflow, 2018-2033

Table 09: North America Market Value (US$ Million) Forecast by Technology, 2018-2033

Table 10: North America Market Value (US$ Million) Forecast by Application, 2018-2033

Table 11: Latin America Market Value (US$ Million) Forecast by Country, 2018-2033

Table 12: Latin America Market Value (US$ Million) Forecast by Product & Service, 2018-2033

Table 13: Latin America Market Value (US$ Million) Forecast by Workflow, 2018-2033

Table 14: Latin America Market Value (US$ Million) Forecast by Technology, 2018-2033

Table 15: Latin America Market Value (US$ Million) Forecast by Application, 2018-2033

Table 16: Europe Market Value (US$ Million) Forecast by Country, 2018-2033

Table 17: Europe Market Value (US$ Million) Forecast by Product & Service, 2018-2033

Table 18: Europe Market Value (US$ Million) Forecast by Workflow, 2018-2033

Table 19: Europe Market Value (US$ Million) Forecast by Technology, 2018-2033

Table 20: Europe Market Value (US$ Million) Forecast by Application, 2018-2033

Table 21: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018-2033

Table 22: Asia Pacific Market Value (US$ Million) Forecast by Product & Service, 2018-2033

Table 23: Asia Pacific Market Value (US$ Million) Forecast by Workflow, 2018-2033

Table 24: Asia Pacific Market Value (US$ Million) Forecast by Technology, 2018-2033

Table 25: Asia Pacific Market Value (US$ Million) Forecast by Application, 2018-2033

Table 26: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2018-2033

Table 27: Middle East and Africa Market Value (US$ Million) Forecast by Product & Service, 2018-2033

Table 28: Middle East and Africa Market Value (US$ Million) Forecast by Workflow, 2018-2033

Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Technology, 2018-2033

Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Application, 2018-2033

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List Of Figures

Figure 01: Global Market Value (US$ Million) by Product & Service, 2023-2033

Figure 02: Global Market Value (US$ Million) by Workflow, 2023-2033

Figure 03: Global Market Value (US$ Million) by Technology, 2023-2033

Figure 04: Global Market Value (US$ Million) by Application, 2023-2033

Figure 05: Global Market Value (US$ Million) by Region, 2023-2033

Figure 06: Global Market Value (US$ Million) Analysis by Region, 2018-2033

Figure 07: Global Market Value Share (%) and BPS Analysis by Region, 2023-2033

Figure 08: Global Market Y-o-Y Growth (%) Projections by Region, 2023-2033

Figure 09: Global Market Value (US$ Million) Analysis by Product & Service, 2018-2033

Figure 10: Global Market Value Share (%) and BPS Analysis by Product & Service, 2023-2033

Figure 11: Global Market Y-o-Y Growth (%) Projections by Product & Service, 2023-2033

Figure 12: Global Market Value (US$ Million) Analysis by Workflow, 2018-2033

Figure 13: Global Market Value Share (%) and BPS Analysis by Workflow, 2023-2033

Figure 14: Global Market Y-o-Y Growth (%) Projections by Workflow, 2023-2033

Figure 15: Global Market Value (US$ Million) Analysis by Technology, 2018-2033

Figure 16: Global Market Value Share (%) and BPS Analysis by Technology, 2023-2033

Figure 17: Global Market Y-o-Y Growth (%) Projections by Technology, 2023-2033

Figure 18: Global Market Value (US$ Million) Analysis by Application, 2018-2033

Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2023-2033

Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2023-2033

Figure 21: Global Market Attractiveness by Product & Service, 2023-2033

Figure 22: Global Market Attractiveness by Workflow, 2023-2033

Figure 23: Global Market Attractiveness by Technology, 2023-2033

Figure 24: Global Market Attractiveness by Application, 2023-2033

Figure 25: Global Market Attractiveness by Region, 2023-2033

Figure 26: North America Market Value (US$ Million) by Product & Service, 2023-2033

Figure 27: North America Market Value (US$ Million) by Workflow, 2023-2033

Figure 28: North America Market Value (US$ Million) by Technology, 2023-2033

Figure 29: North America Market Value (US$ Million) by Application, 2023-2033

Figure 30: North America Market Value (US$ Million) by Country, 2023-2033

Figure 31: North America Market Value (US$ Million) Analysis by Country, 2018-2033

Figure 32: North America Market Value Share (%) and BPS Analysis by Country, 2023-2033

Figure 33: North America Market Y-o-Y Growth (%) Projections by Country, 2023-2033

Figure 34: North America Market Value (US$ Million) Analysis by Product & Service, 2018-2033

Figure 35: North America Market Value Share (%) and BPS Analysis by Product & Service, 2023-2033

Figure 36: North America Market Y-o-Y Growth (%) Projections by Product & Service, 2023-2033

Figure 37: North America Market Value (US$ Million) Analysis by Workflow, 2018-2033

Figure 38: North America Market Value Share (%) and BPS Analysis by Workflow, 2023-2033

Figure 39: North America Market Y-o-Y Growth (%) Projections by Workflow, 2023-2033

Figure 40: North America Market Value (US$ Million) Analysis by Technology, 2018-2033

Figure 41: North America Market Value Share (%) and BPS Analysis by Technology, 2023-2033

Figure 42: North America Market Y-o-Y Growth (%) Projections by Technology, 2023-2033

Figure 43: North America Market Value (US$ Million) Analysis by Application, 2018-2033

Figure 44: North America Market Value Share (%) and BPS Analysis by Application, 2023-2033

Figure 45: North America Market Y-o-Y Growth (%) Projections by Application, 2023-2033

Figure 46: North America Market Attractiveness by Product & Service, 2023-2033

Figure 47: North America Market Attractiveness by Workflow, 2023-2033

Figure 48: North America Market Attractiveness by Technology, 2023-2033

Figure 49: North America Market Attractiveness by Application, 2023-2033

Figure 50: North America Market Attractiveness by Country, 2023-2033

Figure 51: Latin America Market Value (US$ Million) by Product & Service, 2023-2033

Figure 52: Latin America Market Value (US$ Million) by Workflow, 2023-2033

Figure 53: Latin America Market Value (US$ Million) by Technology, 2023-2033

Figure 54: Latin America Market Value (US$ Million) by Application, 2023-2033

Figure 55: Latin America Market Value (US$ Million) by Country, 2023-2033

Figure 56: Latin America Market Value (US$ Million) Analysis by Country, 2018-2033

Figure 57: Latin America Market Value Share (%) and BPS Analysis by Country, 2023-2033

Figure 58: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023-2033

Figure 59: Latin America Market Value (US$ Million) Analysis by Product & Service, 2018-2033

Figure 60: Latin America Market Value Share (%) and BPS Analysis by Product & Service, 2023-2033

Figure 61: Latin America Market Y-o-Y Growth (%) Projections by Product & Service, 2023-2033

Figure 62: Latin America Market Value (US$ Million) Analysis by Workflow, 2018-2033

Figure 63: Latin America Market Value Share (%) and BPS Analysis by Workflow, 2023-2033

Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Workflow, 2023-2033

Figure 65: Latin America Market Value (US$ Million) Analysis by Technology, 2018-2033

Figure 66: Latin America Market Value Share (%) and BPS Analysis by Technology, 2023-2033

Figure 67: Latin America Market Y-o-Y Growth (%) Projections by Technology, 2023-2033

Figure 68: Latin America Market Value (US$ Million) Analysis by Application, 2018-2033

Figure 69: Latin America Market Value Share (%) and BPS Analysis by Application, 2023-2033

Figure 70: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023-2033

Figure 71: Latin America Market Attractiveness by Product & Service, 2023-2033

Figure 72: Latin America Market Attractiveness by Workflow, 2023-2033

Figure 73: Latin America Market Attractiveness by Technology, 2023-2033

Figure 74: Latin America Market Attractiveness by Application, 2023-2033

Figure 75: Latin America Market Attractiveness by Country, 2023-2033

Figure 76: Europe Market Value (US$ Million) by Product & Service, 2023-2033

Figure 77: Europe Market Value (US$ Million) by Workflow, 2023-2033

Figure 78: Europe Market Value (US$ Million) by Technology, 2023-2033

Figure 79: Europe Market Value (US$ Million) by Application, 2023-2033

Figure 80: Europe Market Value (US$ Million) by Country, 2023-2033

Figure 81: Europe Market Value (US$ Million) Analysis by Country, 2018-2033

Figure 82: Europe Market Value Share (%) and BPS Analysis by Country, 2023-2033

Figure 83: Europe Market Y-o-Y Growth (%) Projections by Country, 2023-2033

Figure 84: Europe Market Value (US$ Million) Analysis by Product & Service, 2018-2033

Figure 85: Europe Market Value Share (%) and BPS Analysis by Product & Service, 2023-2033

Figure 86: Europe Market Y-o-Y Growth (%) Projections by Product & Service, 2023-2033

Figure 87: Europe Market Value (US$ Million) Analysis by Workflow, 2018-2033

Figure 88: Europe Market Value Share (%) and BPS Analysis by Workflow, 2023-2033

Figure 89: Europe Market Y-o-Y Growth (%) Projections by Workflow, 2023-2033

Figure 90: Europe Market Value (US$ Million) Analysis by Technology, 2018-2033

Figure 91: Europe Market Value Share (%) and BPS Analysis by Technology, 2023-2033

Figure 92: Europe Market Y-o-Y Growth (%) Projections by Technology, 2023-2033

Figure 93: Europe Market Value (US$ Million) Analysis by Application, 2018-2033

Figure 94: Europe Market Value Share (%) and BPS Analysis by Application, 2023-2033

Figure 95: Europe Market Y-o-Y Growth (%) Projections by Application, 2023-2033

Figure 96: Europe Market Attractiveness by Product & Service, 2023-2033

Figure 97: Europe Market Attractiveness by Workflow, 2023-2033

Figure 98: Europe Market Attractiveness by Technology, 2023-2033

Figure 99: Europe Market Attractiveness by Application, 2023-2033

Figure 100: Europe Market Attractiveness by Country, 2023-2033

Figure 101: Asia Pacific Market Value (US$ Million) by Product & Service, 2023-2033

Figure 102: Asia Pacific Market Value (US$ Million) by Workflow, 2023-2033

Figure 103: Asia Pacific Market Value (US$ Million) by Technology, 2023-2033

Figure 104: Asia Pacific Market Value (US$ Million) by Application, 2023-2033

Figure 105: Asia Pacific Market Value (US$ Million) by Country, 2023-2033

Figure 106: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018-2033

Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023-2033

Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023-2033

Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Product & Service, 2018-2033

Figure 110: Asia Pacific Market Value Share (%) and BPS Analysis by Product & Service, 2023-2033

Figure 111: Asia Pacific Market Y-o-Y Growth (%) Projections by Product & Service, 2023-2033

Figure 112: Asia Pacific Market Value (US$ Million) Analysis by Workflow, 2018-2033

Figure 113: Asia Pacific Market Value Share (%) and BPS Analysis by Workflow, 2023-2033

Figure 114: Asia Pacific Market Y-o-Y Growth (%) Projections by Workflow, 2023-2033

Figure 115: Asia Pacific Market Value (US$ Million) Analysis by Technology, 2018-2033

Figure 116: Asia Pacific Market Value Share (%) and BPS Analysis by Technology, 2023-2033

Figure 117: Asia Pacific Market Y-o-Y Growth (%) Projections by Technology, 2023-2033

Figure 118: Asia Pacific Market Value (US$ Million) Analysis by Application, 2018-2033

Figure 119: Asia Pacific Market Value Share (%) and BPS Analysis by Application, 2023-2033

Figure 120: Asia Pacific Market Y-o-Y Growth (%) Projections by Application, 2023-2033

Figure 121: Asia Pacific Market Attractiveness by Product & Service, 2023-2033

Figure 122: Asia Pacific Market Attractiveness by Workflow, 2023-2033

Figure 123: Asia Pacific Market Attractiveness by Technology, 2023-2033

Figure 124: Asia Pacific Market Attractiveness by Application, 2023-2033

Figure 125: Asia Pacific Market Attractiveness by Country, 2023-2033

Figure 126: Middle East and Africa Market Value (US$ Million) by Product & Service, 2023-2033

Figure 127: Middle East and Africa Market Value (US$ Million) by Workflow, 2023-2033

Figure 128: Middle East and Africa Market Value (US$ Million) by Technology, 2023-2033

Figure 129: Middle East and Africa Market Value (US$ Million) by Application, 2023-2033

Figure 130: Middle East and Africa Market Value (US$ Million) by Country, 2023-2033

Figure 131: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2018-2033

Figure 132: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2023-2033

Figure 133: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2023-2033

Figure 134: Middle East and Africa Market Value (US$ Million) Analysis by Product & Service, 2018-2033

Figure 135: Middle East and Africa Market Value Share (%) and BPS Analysis by Product & Service, 2023-2033

Figure 136: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product & Service, 2023-2033

Figure 137: Middle East and Africa Market Value (US$ Million) Analysis by Workflow, 2018-2033

Figure 138: Middle East and Africa Market Value Share (%) and BPS Analysis by Workflow, 2023-2033

Figure 139: Middle East and Africa Market Y-o-Y Growth (%) Projections by Workflow, 2023-2033

Figure 140: Middle East and Africa Market Value (US$ Million) Analysis by Technology, 2018-2033

Figure 141: Middle East and Africa Market Value Share (%) and BPS Analysis by Technology, 2023-2033

Figure 142: Middle East and Africa Market Y-o-Y Growth (%) Projections by Technology, 2023-2033

Figure 143: Middle East and Africa Market Value (US$ Million) Analysis by Application, 2018-2033

Figure 144: Middle East and Africa Market Value Share (%) and BPS Analysis by Application, 2023-2033

Figure 145: Middle East and Africa Market Y-o-Y Growth (%) Projections by Application, 2023-2033

Figure 146: Middle East and Africa Market Attractiveness by Product & Service, 2023-2033

Figure 147: Middle East and Africa Market Attractiveness by Workflow, 2023-2033

Figure 148: Middle East and Africa Market Attractiveness by Technology, 2023-2033

Figure 149: Middle East and Africa Market Attractiveness by Application, 2023-2033

Figure 150: Middle East and Africa Market Attractiveness by Country, 2023-2033

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- FAQs -

What value is the market estimated to reach in 2023?

The global market size is estimated to be valued at US$ 1.4 Billion in 2023.

What was the global market size for 2022?

The market was reported at US$ 1.2 Billion in 2022.

What valuation of the market is estimated to reach in 2033?

The market is expected to reach a valuation of US$ 7.1 Billion in 2033.

What value CAGR did the market exhibit over the last 4 years?

The market registered a CAGR of 15.3% over the last 4 years.

hat is the projected CAGR for the market from 2023 to 2033?

The market is projected to witness a CAGR of 17.6% from 2023 to 2033.

Which are the top product and services in the market that are expected to witness huge demand?

The market revenue through reagents & consumables is projected to witness large demand with a projected CAGR of 17.4% from 2023 to 2033.

Which Application type of the market is expected to witness significant demand and what is its projected CAGR till 2033?

Drug discovery is top application in the market which is projected to witness significant demand with a projected CAGR of 16.9% from 2023 to 2033.

What is the projected market size in the United States by 2033?

The market in the United States is projected to witness a market size of US$ 2.5 Billion and is expected to grow at a 17.4% CAGR from 2023 to 2033.

Which are the key companies operating in the Market?

Key players in the market are Illumina, Inc., Thermo Fisher Scientific, QIAGEN, PerkinElmer, Inc., Oxford Nanopore Technologies Plc., Pacific Biosciences of California, Inc., BGI Group, Psamogen, Inc., Eurofins Scientific, Azenta Life Sciences, Novogen Co

- Also of Interest -

NGS Sample Preparation Market

NGS Sample Preparation Market By Product Type (Instruments, Kits, Reagents & Consumables), By Application (Drug & Biomarker Discovery, Diagnostics, Precision Medicines), By End User (Hospitals & Diagnostic Centers, Academic & Research Institutes) & By Region - Global Forecast 2022-2032

Chromatography Accessories and Consumables Market

Chromatography Accessories and Consumables Market Analysis By Type (Solvents, Buffers & Adsorbents, Columns & Column Accessories, Chromatography Media/Resins, Detectors & Filters) By Technology (Liquid & Gas Chromatography) By Region – Global Market Insights 2022 to 2026

Metagenomic Sequencing Market

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