Next Generation Sequencing Market Set to Reach $27.5 Billion by 2030, According to Meticulous Research®

Next Generation Sequencing (NGS) Market by Offering (Kits [Library Prep, QC, DNA Extraction], System) Type (Genome, Exome, Targeted) Application (Reproductive, Oncology, Infectious) Technology (SBS, Nanopore, Nanoball, SMRT Seq). The ability to sequence genes of any organism to make clinic

The global Next Generation Sequencing (NGS) market is projected to grow at a CAGR of 15.8% during the forecast period, reaching $27.5 billion by 2030. Technological advancements and increased demand for genome sequencing are key drivers.

[02-09-2023] – Meticulous Research®, a leading market research firm, has released a comprehensive report on the Next Generation Sequencing (NGS) market, predicting significant growth with a projected CAGR of 15.8% by 2030. NGS technology, which enables faster and cost-effective DNA and RNA sequencing, has gained momentum due to advancements in sequencing procedures, genome mapping programs, and increased demand for drug discovery platforms.


Here are the top 10 companies operating in the Next Generation Sequencing Market :


The report highlights the top 10 companies operating in the NGS market:

  1. Illumina, Inc. (U.S.)
  • Provider of sequencing- and array-based solutions for genomic and genetic analysis.
  • Offers a wide range of NGS solutions to simplify workflows and accelerate analysis.
  • Global presence with manufacturing sites and laboratories in the U.S., Singapore, and the U.K.
  1. Thermo Fisher Scientific, Inc. (U.S.)
  • Offers NGS products such as Ion GeneStudio S5 System and Ion Torrent Genexus System.
  • Operates in pharmaceutical, biotechnology, clinical, healthcare, and academic sectors.
  • Strong global presence with subsidiaries, R&D sites, and distribution network.


  1. Beijing Genomics Institute (BGI) (China)
  • Provides integrated genomic sequencing and proteomic solutions.
  • Offers sequencing solutions primarily on the DNBSEQ NGS platform.
  • Global reach with offices in Denmark, the U.S., China, and Japan.


  1. Qiagen N.V. (Netherlands)
  • Leading provider of sample and assay technologies for molecular diagnostics and life sciences.
  • Offers a wide range of NGS services, including RNA sequencing and DNA sequencing.
  • Markets products in over 130 countries with facilities worldwide.


  1. Hoffmann-La Roche Ltd (Switzerland)
  • Develops and markets a wide range of healthcare solutions, including molecular diagnostics and next-generation sequencing.
  • Global presence with manufacturing and research sites in various countries.


  1. PerkinElmer, Inc. (U.S.)
  • Multinational company offering products, solutions, and services for life sciences and diagnostics.
  • Operates in over 190 countries through a strong network of sales and marketing channels.


  1. Agilent Technologies, Inc. (U.S.)
  • Provides application-focused solutions to life sciences, diagnostics, and applied chemical markets.
  • Operates in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.


  1. Pacific Biosciences of California, Inc. (U.S.)
  • Specializes in long-read sequencing technology and short-read Sequencing by Binding (SBB) technology.
  • Addresses applications in plant and animal sciences, oncology, infectious disease, and more.


  1. Danaher Corporation (U.S.)
  • Operates in life sciences, biotechnology, diagnostics, and environmental & applied solutions.
  • Offers NGS products through the Life Sciences segment and acquired Integrated DNA Technologies, Inc. in 2018.


  1. Oxford Nanopore Technologies Plc. (U.K.)
  • Manufacturer of devices that sequence DNA/RNA directly.
  • Enables real-time analysis of DNA or RNA for various scientific and biomedical research applications.

Meticulous Research®'s comprehensive report provides in-depth analysis of each company's recent financial performance, key products, strategies, partnerships, and acquisitions. It also offers global market size estimates, market share analysis, revenue numbers, and coverage of key industry trends.


Leading Players in the Next Generation Sequencing Market: Meet the Top 10 Industry Innovators:

For more information and a detailed analysis of the Next Generation Sequencing (NGS) market, please refer to Meticulous Research®'s report, "Global Opportunity Analysis and Industry Forecast (2023-2030)."


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About Meticulous Research®

Meticulous Research® is a leading market research and consulting firm known for its accurate and transparent research methodologies and reliable market intelligence. We provide comprehensive market research reports, custom research, and consulting services to help businesses make informed strategic decisions. Our team of experienced analysts and industry experts work collaboratively to understand your unique business needs and provide the most relevant insights.


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