Global DNA Sequencing Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global DNA Sequencing Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Instruments, Consumables (Kits and Reagents), and Other Product Types), Sequencing Type (Sanger Sequencing, Next-generation Sequencing, and Other Sequencing Types), Application (Diagnostics, Personalized Medicine, and Other Applications), End User (Hospitals and Healthcare Organizations, Academics and Research Institutions, Pharmaceutical and Biotechnology Companies, and Other End Users), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global DNA Sequencing Market was valued at USD 10,855.1 million in 2023 and is expected to reach USD 42,521.0 million by 2031 while growing at a CAGR of 18.6% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global DNA sequencing market growth. DNA sequencing is a vital laboratory technique that reveals the exact sequence of nucleotides (adenine, guanine, cytosine, and thymine) in a DNA molecule. It plays a crucial role in deciphering the genetic information within DNA, acting as the blueprint for the development, functioning, and maintenance of living organisms.
Continuously advancing DNA sequencing technologies and declining sequencing costs are set to drive the DNA sequencing market. However, challenges such as the high costs of sequencing instruments and consumables, along with data analysis hurdles, may impede market expansion.
Furthermore, the global DNA sequencing industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global DNA Sequencing Market is segmented among Instruments, Consumables (Kits and Reagents), and Other Product Types, based on product type. In 2023, Consumables (Kits and Reagents) accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Sequencing Type Analysis
The Global DNA Sequencing Market is segmented among Sanger Sequencing, Next-generation Sequencing, and Other Sequencing Types, based on sequencing type. In 2023, Next-generation Sequencing accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global DNA Sequencing Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are GlaxoSmithKline PLC, Novartis AG, Amgen, Pfizer Inc., Sanofi SA, AstraZeneca plc, Biocon Limited, Abbvie Inc, Johnson and Johnson, and UCB S.A.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global DNA Sequencing Market Dynamics
Drivers
Restraints
Opportunity
4. Global DNA Sequencing Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global DNA Sequencing Market Segmentation, By Product Type
Global DNA Sequencing Market Share Analysis, By Product Type
Global DNA Sequencing Market Growth Analysis, By Product Type
Global DNA Sequencing Market Trends, By Product Type
o Instruments
o Consumables (Kits and Reagents)
o Other Product Types
6. Global DNA Sequencing Market Segmentation, By Sequencing Type
Global DNA Sequencing Market Share Analysis, By Sequencing Type
Global DNA Sequencing Market Growth Analysis, By Sequencing Type
Global DNA Sequencing Market Trends, By Sequencing Type
o Sanger Sequencing
o Next-generation Sequencing
o Other Sequencing Types
7. Global DNA Sequencing Market Segmentation, By Application
Global DNA Sequencing Market Share Analysis, By Application
Global DNA Sequencing Market Growth Analysis, By Application
Global DNA Sequencing Market Trends, By Application
o Diagnostics
o Personalized Medicine
o Other Applications
8. Global DNA Sequencing Market Segmentation, By End User
Global DNA Sequencing Market Share Analysis, By End User
Global DNA Sequencing Market Growth Analysis, By End User
Global DNA Sequencing Market Trends, By End User
o Hospitals and Healthcare Organizations
o Academics and Research Institutions
o Pharmaceutical and Biotechnology Companies
o Other End Users
9. Global DNA Sequencing Market Segmentation, By Region
Global DNA Sequencing Market Share Analysis, By Region
Global DNA Sequencing Market Growth Analysis, By Region
Global DNA Sequencing Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
10. Competitive Landscape
Agilent Technologies Inc.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Bio-Rad Laboratories Inc.
Danaher Corporation (Integrated DNA Technologies Inc.)
F. Hoffmann-La Roche Ltd
Illumina Inc.
Merck KGaA
PerkinElmer Inc.
Thermo Fisher Scientific Inc.
QIAGEN
Macrogen Inc.
*Similar analysis will be provided for each company listed above.
