Next-Generation Sequencing Market Size was valued at USD 12.65 Bn in 2024 and is expected to reach USD 34.11 Bn by 2032, at a CAGR of 13.2% during the forecast period.

Next-Generation Sequencing Market Overview

Stellar Market Research, anNext-Generation Sequencing business research firm has published a report on the “Next-Generation Sequencing Market”. As per the “Next-Generation Sequencing report,” the total market was USD in 2025 and is expected to reach USD by 2032.

Next-Generation Sequencing Market Report Scope and Research Methodology

The SMR report aims to analyse the current state and prospects of the Next-Generation Sequencing Market. It accurately outlines the market's current dimensions, growth patterns, size, and the nuanced trends that use significant influence. The report offers a comprehensive analysis of the sector, providing in-depth insights into market divisions based on type, end-use, application, and geographical region.

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The Next-Generation Sequencing Market is segmented by type, end-use, and applications.Factors driving market growth, challenges, and opportunities, such as cost reductions, government incentives, environmental concerns, and technological advancements, are analysed. Additionally, the report examines the competitive landscape, investment trends, and regulatory frameworks impacting the industry.This complete perspective of the Next-Generation Sequencing Market assists stakeholders in identifying growth opportunities within the industry and making well-informed decisions.

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Next-Generation Sequencing Market Regional Insights

The report includes a thorough analysis of all the factors, market size, growth rate, and import and export in regions.The Regional Analysis used in the report to understand the Next-Generation Sequencing market status in various countries. The Next-Generation Sequencing market is broadly segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

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Next-Generation Sequencing Market Segmentation

By Technology

Whole Genome Sequencing

Targeted Sequencing & Re-sequencing

Whole Exome Sequencing

RNA Sequencing

De Novo Sequencing

Other

By Product

Instruments

Reagents & Consumables

Services

By Application

Drug Discovery/Personalized Medicine

Genetic Screening

Diagnostics/Infectious Diseases

Agricultural & Animal Research

Others

Next-Generation Sequencing Market Key Players

North America:

Illumina, Inc. (San Diego, California, USA)
Thermo Fisher Scientific Inc. (Waltham, Massachusetts, USA)
Pacific Biosciences of California, Inc. (PacBio) (Menlo Park, California, USA)
Agilent Technologies, Inc. (Santa Clara, California, USA)
PerkinElmer Inc. (Waltham, Massachusetts, USA)
Bio-Rad Laboratories, Inc. (Hercules, California, USA)
Danaher Corporation (Washington, D.C., USA)
10x Genomics, Inc. (Pleasanton, California, USA)
GeneDx (Stamford, Connecticut, USA)
Illumina, Inc. (San Diego, California, USA)

Europe:

Oxford Nanopore Technologies plc. (Oxford, United Kingdom)
QIAGEN N.V. (Hilden, Germany)
F. Hoffmann-La Roche Ltd. (Basel, Switzerland)
Eurofins Scientific (Luxembourg City, Luxembourg)
Novogene (Europe) (Cambridge, United Kingdom)
LGC Biosearch Technologies (Teddington, United Kingdom)
Macrogen Europe (Amsterdam, Netherlands)
Genewiz (Azenta Life Sciences) (Leipzig, Germany)

Key questions answered in theNext-Generation Sequencing Market are:

What is Next-Generation Sequencing ?
What was the Next-Generation Sequencing market size in 2023?
What is the growth rate of the Next-Generation Sequencing Market?
Which are the factors expected to drive the Next-Generation Sequencing market growth?
What are the different segments of the Next-Generation Sequencing Market?
What growth strategies are the players considering to increase their presence in Next-Generation Sequencing ?
What are the upcoming industry applications and trends for the Next-Generation Sequencing Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Next-Generation Sequencing Market?
What segments are covered in the Next-Generation Sequencing Market?
Who are the leading companies and what are their portfolios in Next-Generation Sequencing Market?
What segments are covered in the Next-Generation Sequencing Market?
Who are the key players in the Next-Generation Sequencing market?
Key Offerings:

Past Market Size and Competitive Landscape.
Past Pricing and price curve by region.
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
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About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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