Sequencing Consumables Market Size To Grow USD 50.75 Billion by 2033

According to a recent research report titled “Sequencing Consumables Market (By Product: Kits, Reagents, Accessories; By Platform: 1st Generation sequencing consumables, 2nd Generation sequencing consumables, 3rd Generation sequencing consumables; By Application: Cancer Diagnostics, Infectious Disease Diagnostics, Reproductive Health Diagnostics, Pharmacogenomics, Agrigenomics, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033″ published by Precedence Research, the global sequencing consumables market size is projected to touch around USD 50.75 billion by 2033 and growing at a CAGR of 18.14% over the forecast period 2023 to 2033. This comprehensive study examines various factors and their impact on the growth of the sequencing consumables market.

Sequencing Consumables Market Size 2024 To 2033

Key Takeaways

  • Asia Pacific is expected to witness the fastest rate of growth in the sequencing consumables market during the forecast period.
  • By product, the kits segment held the largest segment of the sequencing consumables market in 2023.
  • By product, the reagents segment is expected to grow at a significant rate during the forecast period.
  • By platform, the second-generation sequencing consumables segment is expected to hold the dominating share of the market.
  • By platform, the third-generation sequencing consumables segment is expected to grow at a notable rate.
  • By application, the cancer diagnostics segment is expected to hold the dominating share of the market during the forecast period.
  • By application, the pharmacogenomics segment is expected to grow at a notable rate.

The report primarily focuses on the volume and value of the sequencing consumables market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.

Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.

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The research also highlights significant progressions in both organic and inorganic growth strategies within the global sequencing consumables market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the sequencing consumables market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.

Sequencing Consumables Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 18.14%
Global Market Size in 2023 USD 6.94 Billion
Global Market Size by 2033 USD 50.75 Billion
U.S. Market Size in 2023 USD 2.53 Billion
U.S.Market Size by 2033 USD 13.39 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product, By Platform, and By Application
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Also read: Plastic Processing Machinery Market Size to Cross US$ 35.58 Billion by 2033

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the sequencing consumables market.

Sequencing Consumables Market Companies

  • Illumina, Inc. (US)
  • Thermo Fisher Scientific Inc. (US)
  • Qiagen N.V. (Netherlands)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • Agilent Technologies, Inc. (US)
  • Pacific Biosciences of California, Inc. (US)
  • PerkinElmer, Inc. (US)
  • Oxford Nanopore Technologies Ltd. (UK)
  • Bio-Rad Laboratories, Inc. (US)
  • BGI Genomics Co., Ltd. (China)
  • GenScript Biotech Corporation (China)
  • Eurofins Scientific (Luxembourg)
  • Macrogen Inc. (South Korea)
  • New England Biolabs, Inc. (US)
  • Swift Biosciences, Inc. (US)

Segments Covered in the Report

By Product

  • Kits
  • Reagents
  • Accessories

By Platform

  • 1st Generation sequencing consumables
  • 2nd Generation sequencing consumables
  • 3rd Generation sequencing consumables

By Application

  • Cancer Diagnostics
  • Infectious Disease Diagnostics
  • Reproductive Health Diagnostics
  • Pharmacogenomics
  • Agrigenomics
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Table of Content:

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Sequencing Consumables Market 

5.1. COVID-19 Landscape: Sequencing Consumables Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Sequencing Consumables Market, By Product

8.1. Sequencing Consumables Market Revenue and Volume, by Product, 2024-2033

8.1.1 Kits

8.1.1.1. Market Revenue and Volume Forecast (2021-2033)

8.1.2. Reagents

8.1.2.1. Market Revenue and Volume Forecast (2021-2033)

8.1.3. Accessories

8.1.3.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 9. Global Sequencing Consumables Market, By Platform

9.1. Sequencing Consumables Market Revenue and Volume, by Platform, 2024-2033

9.1.1. 1st Generation sequencing consumables

9.1.1.1. Market Revenue and Volume Forecast (2021-2033)

9.1.2. 2nd Generation sequencing consumables

9.1.2.1. Market Revenue and Volume Forecast (2021-2033)

9.1.3. 3rd Generation sequencing consumables

9.1.3.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 10. Global Sequencing Consumables Market, By Application 

10.1. Sequencing Consumables Market Revenue and Volume, by Application, 2024-2033

10.1.1. Cancer Diagnostics

10.1.1.1. Market Revenue and Volume Forecast (2021-2033)

10.1.2. Infectious Disease Diagnostics

10.1.2.1. Market Revenue and Volume Forecast (2021-2033)

10.1.3. Reproductive Health Diagnostics

10.1.3.1. Market Revenue and Volume Forecast (2021-2033)

10.1.4. Pharmacogenomics

10.1.4.1. Market Revenue and Volume Forecast (2021-2033)

10.1.5. Agrigenomics

10.1.5.1. Market Revenue and Volume Forecast (2021-2033)

10.1.6. Others

10.1.6.1. Market Revenue and Volume Forecast (2021-2033)

Chapter 11. Global Sequencing Consumables Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.1.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.1.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.1.4.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.1.5.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.2.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.4.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.5.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.6.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.2.7.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.3.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.4.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.5.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.6.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.3.7.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.4.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.4.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.5.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.6.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.4.7.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.5.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.5.4.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2021-2033)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2033)

11.5.5.2. Market Revenue and Volume Forecast, by Platform (2021-2033)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2021-2033)

Chapter 12. Company Profiles

12.1. Illumina, Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Thermo Fisher Scientific Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Qiagen N.V

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. F. Hoffmann-La Roche Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Agilent Technologies, Inc

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Pacific Biosciences of California, Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. PerkinElmer, Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Oxford Nanopore Technologies Ltd.

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Bio-Rad Laboratories, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. BGI Genomics Co., Ltd.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global sequencing consumables market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for sequencing consumables. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

  • What is the size of the overall Sequencing consumables market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities and challenges of the Sequencing consumables market and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Sequencing consumables market?
  • What is the Sequencing consumables market size at the regional and country-level?
  • Who are the key market players and their key competitors?
  • What are the strategies for growth adopted by the key players in Sequencing consumables market?
  • What are the recent trends in Sequencing consumables market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Sequencing consumables market growth?
  • What are the key market trends impacting the growth of Sequencing consumables market?

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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