DNA Sequencing Market Size to Rise by USD 23.56 bn | 38% of the market growth to originate from North America| Technavio – Press Release

NEW YORK, May 16, 2022 /PRNewswire/ — According to the latest market analysis report “DNA Sequencing Market by Solution and Geography – Forecast and Analysis 2022-2026“, the market will witness a YOY growth of 19.53% in 2022. The market is predicted to witness a potential growth difference of USD 23.56 billion at a CAGR of 20.85% from 2021 to 2026. The report is segmented by solution (products and services) and geography (North America, Europe, Asia, and Rest of World (ROW)).

For more insights on YOY and CAGR, Read our Sample Report

Vendor Insights 

The DNA sequencing market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market. Companies are engaging in launching innovative market solutions to garner the attention of existing and new customers. To make the most of the opportunities and recover from post-pandemic impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

• 10X Genomics Inc.
• Abbott Laboratories
• Agilent Technologies Inc.
• Azenta US Inc.
• Becton Dickinson and Co.
• BGI Group
• Bio Rad Laboratories Inc.
• Danaher Corp.
• Eurofins Scientific SE
• F. Hoffmann La Roche Ltd.
• Illumina Inc.
• Macrogen Inc.
• Merck KGaA
• Pacific Biosciences of California Inc.
• PerkinElmer Inc.
• QIAGEN NV
• SeqLL Inc.
• Tecan Group Ltd.
• Thermo Fisher Scientific Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Sample Report. 

Geographical Market Analysis 

The rising incidence of chronic diseases, increasing healthcare expenditure, and the presence of several key vendors in the region will facilitate the DNA sequencing market growth in North America over the forecast period. 38% of the market’s growth is anticipated to be contributed by North America during the forecast period. The US is the key revenue-generating economy for DNA sequencing market in the region. Market growth in this region will be slower than the growth of the market in the European and Asian regions. 

Know more about this market’s geographical distribution along with the detailed analysis of the top regions. https://www.technavio.com/report/dna-sequencing-market-industry-analysis 

Key Segment Analysis

The products solution segment held the largest DNA sequencing market share in 2021. The segment will continue to account for the highest share throughout the forecast period. The growth of this segment can be attributed to the increasing demand for consumables in academic institutions and research centers and their expanding use in a wide range of genetic testing procedures.

View Sample Report: to know additional highlights and key points on various market segments and their impact in coming years. 

Key Market Scope

Technavio categorizes the global DNA Sequencing market as a part of the global life science tools and services market. Our report provides extensive information on the value chain analysis for the DNA sequencing market, which vendors can leverage to gain a competitive advantage during the forecast period.

The DNA sequencing market covers the following areas:

DNA sequencing Market Sizing
DNA sequencing Market Forecast
DNA sequencing Market Analysis

Key Market Drivers & Challenges: 

The rising adoption of NGS DNA sequencing technology has emerged as a crucial factor in influencing the market growth positively in the recent years. NGS enables the sequencing of entire human genome within one day and aid in revolutionized genomic research. In addition, NGS is increasingly being used for the diagnosis and treatment of chronic conditions including cancer and infectious diseases. Furthermore, NGS technology detects sequence variations effectively, and provides several genetic markers, including common and rare variants, further spurring its adoption. This is further expected to boost the DNA sequencing market growth.

However, the inadequate resources for DNA sequencing in developing countries will be a major challenge for the DNA sequencing market during the forecast period. The deployment of DNA sequencing has spurred in the recent years due to its investigative accuracy and overall minimized sequencing cost. However, DNA sequencing remains largely underutilized in developing countries, leading to limited R and D funding Furthermore, lack of skilled personnel coupled with high costs incurred in the establishment and maintenance of sequencing facilities will limit the overall market growth in the long run.

Download sample report copy  for highlights on market Drivers & Challenges affecting the DNA sequencing market.

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Table of Content

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Solution
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 12: Market segments

• 3.4 Market outlook: Forecast for 2021-2026
• Exhibit 13: Chart on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis – Comparison between2021 and 2026

• 4.2 Bargaining power of buyers
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition – Five forces 2021 and 2026

5 Market Segmentation by Solution

• 5.1 Market segments
• Exhibit 24: Chart on Solution – Market share 2021-2026 (%)
• Exhibit 25: Data Table on Solution – Market share 2021-2026 (%)

• 5.2 Comparison by Solution
• Exhibit 26: Chart on Comparison by Solution
• Exhibit 27: Data Table on Comparison by Solution

• 5.3 Products – Market size and forecast 2021-2026
• Exhibit 28: Chart on Products – Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Products – Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Products – Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Products – Year-over-year growth 2021-2026 (%)

• 5.4 Services – Market size and forecast 2021-2026
• Exhibit 32: Chart on Services – Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Services – Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Services – Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Services – Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Solution
• Exhibit 36: Market opportunity by Solution ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America – Market size and forecast 2021-2026
• Exhibit 42: Chart on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America – Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America – Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America – Year-over-year growth 2021-2026 (%)

• 7.4 Europe – Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe – Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe – Year-over-year growth 2021-2026 (%)

• 7.5 Asia – Market size and forecast 2021-2026
• Exhibit 50: Chart on Asia – Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Asia – Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Asia – Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Asia – Year-over-year growth 2021-2026 (%)

• 7.6 Rest of World (ROW) – Market size and forecast 2021-2026
• Exhibit 54: Chart on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Rest of World (ROW) – Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Rest of World (ROW) – Year-over-year growth 2021-2026 (%)

• 7.7 US – Market size and forecast 2021-2026
• Exhibit 58: Chart on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on US – Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on US – Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on US – Year-over-year growth 2021-2026 (%)

• 7.8 UK – Market size and forecast 2021-2026
• Exhibit 62: Chart on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on UK – Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on UK – Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on UK – Year-over-year growth 2021-2026 (%)

• 7.9 Germany – Market size and forecast 2021-2026
• Exhibit 66: Chart on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Germany – Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Germany – Year-over-year growth 2021-2026 (%)

• 7.10 China – Market size and forecast 2021-2026
• Exhibit 70: Chart on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China – Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China – Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China – Year-over-year growth 2021-2026 (%)

• 7.11 Japan – Market size and forecast 2021-2026
• Exhibit 74: Chart on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Japan – Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Japan – Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Japan – Year-over-year growth 2021-2026 (%)

• 7.12 Market opportunity by geography
• Exhibit 78: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.3 Impact of drivers and challenges
• Exhibit 79: Impact of drivers and challenges in 2021 and 2026

9 Vendor Landscape

• 9.2 Vendor landscape
• Exhibit 80: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 81: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 82: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 83: Vendors covered

• 10.2 Market positioning of vendors
• Exhibit 84: Matrix on vendor position and classification

• 10.3 Agilent Technologies Inc.
• Exhibit 85: Agilent Technologies Inc. – Overview
• Exhibit 86: Agilent Technologies Inc. – Business segments
• Exhibit 87: Agilent Technologies Inc. – Key news
• Exhibit 88: Agilent Technologies Inc. – Key offerings
• Exhibit 89: Agilent Technologies Inc. – Segment focus

• 10.4 BGI Group
• Exhibit 90: BGI Group – Overview
• Exhibit 91: BGI Group – Product / Service
• Exhibit 92: BGI Group – Key offerings

• 10.5 Bio Rad Laboratories Inc.
• Exhibit 93: Bio Rad Laboratories Inc. – Overview
• Exhibit 94: Bio Rad Laboratories Inc. – Business segments
• Exhibit 95: Bio Rad Laboratories Inc. – Key news
• Exhibit 96: Bio Rad Laboratories Inc. – Key offerings
• Exhibit 97: Bio Rad Laboratories Inc. – Segment focus

• 10.6 Danaher Corp.
• Exhibit 98: Danaher Corp. – Overview
• Exhibit 99: Danaher Corp. – Business segments
• Exhibit 100: Danaher Corp. – Key news
• Exhibit 101: Danaher Corp. – Key offerings
• Exhibit 102: Danaher Corp. – Segment focus

• 10.7 Eurofins Scientific SE
• Exhibit 103: Eurofins Scientific SE – Overview
• Exhibit 104: Eurofins Scientific SE – Business segments
• Exhibit 105: Eurofins Scientific SE – Key news
• Exhibit 106: Eurofins Scientific SE – Key offerings
• Exhibit 107: Eurofins Scientific SE – Segment focus

• 10.8 F. Hoffmann La Roche Ltd.
• Exhibit 108: F. Hoffmann La Roche Ltd. – Overview
• Exhibit 109: F. Hoffmann La Roche Ltd. – Business segments
• Exhibit 110: F. Hoffmann La Roche Ltd. – Key news
• Exhibit 111: F. Hoffmann La Roche Ltd. – Key offerings
• Exhibit 112: F. Hoffmann La Roche Ltd. – Segment focus

• 10.9 Illumina Inc.
• Exhibit 113: Illumina Inc. – Overview
• Exhibit 114: Illumina Inc. – Business segments
• Exhibit 115: Illumina Inc. – Key news
• Exhibit 116: Illumina Inc. – Key offerings
• Exhibit 117: Illumina Inc. – Segment focus

• 10.10 PerkinElmer Inc.
• Exhibit 118: PerkinElmer Inc. – Overview
• Exhibit 119: PerkinElmer Inc. – Business segments
• Exhibit 120: PerkinElmer Inc. – Key news
• Exhibit 121: PerkinElmer Inc. – Key offerings
• Exhibit 122: PerkinElmer Inc. – Segment focus

• 10.11 QIAGEN NV
• Exhibit 123: QIAGEN NV – Overview
• Exhibit 124: QIAGEN NV – Product / Service
• Exhibit 125: QIAGEN NV – Key news
• Exhibit 126: QIAGEN NV – Key offerings

• 10.12 Thermo Fisher Scientific Inc.
• Exhibit 127: Thermo Fisher Scientific Inc. – Overview
• Exhibit 128: Thermo Fisher Scientific Inc. – Business segments
• Exhibit 129: Thermo Fisher Scientific Inc. – Key news
• Exhibit 130: Thermo Fisher Scientific Inc. – Key offerings
• Exhibit 131: Thermo Fisher Scientific Inc. – Segment focus

11 Appendix

• 11.2 Inclusions and exclusions checklist
• Exhibit 132: Inclusions checklist
• Exhibit 133: Exclusions checklist

• 11.3 Currency conversion rates for US$
• Exhibit 134: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 135: Research methodology
• Exhibit 136: Validation techniques employed for market sizing
• Exhibit 137: Information sources

• 11.5 List of abbreviations
• Exhibit 138: List of abbreviations

About Us: 
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

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