Home Nucleus Biotechnology RoE Next Generation Sequencing (NGS) Market to 2032

RoE Next Generation Sequencing (NGS) Market to 2032

Overview

The RoE Next Generation Sequencing (NGS) Market is expected to reach a 377.12 USD Billion by 2032 and is projected to grow at a CAGR of 17.43% from 2025 to 2032.

Revenue, 2024 (USD Billion)
147.67
Forecast, 2032 (USD Billion)
377.12
CAGR, 2024 - 2032
17.43%
Report Coverage
RoE

RoE Next Generation Sequencing (NGS) Market 2018-2032 USD Billion

RoE Next Generation Sequencing (NGS) Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 147.67 USD Billion
  • Projected Market Size (2032): 377.12 USD Billion
  • CAGR (2025-2032): 17.43%

Key Findings of RoE Next Generation Sequencing (NGS) Market

  • The RoE Next Generation Sequencing (NGS) Market was valued at 147.67 USD Billion in 2024.
  • The RoE Next Generation Sequencing (NGS) Market is likely to grow at a CAGR of 17.43% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Precision Medicine in Application Segment accounted for the largest share of the market with a revenue of 147.67 USD Billion
  • The fastest growing segment Pharmaceuticals Microbiology in Application Segment grew Fastest with a CAGR of 18.78% during the forecast period from 2024 to 2032.

RoE Next Generation Sequencing (NGS) Market Scope

RoE Next Generation Sequencing (NGS) Market Segmentation & Scope
Product & Service
  • Instruments
  • Services
  • Consumables
Application
  • Others
  • Food Pathogen Screening
  • Agricultural & Animal Research
  • Diagnostics
  • Pharmaceuticals Microbiology
  • Precision Medicine
  • Drug & Biomarker Discovery
Technology
  • Others
  • Sequencing By Ligation (SBL)
  • Sequencing By Synthesis (SBS)
End User
  • Others
  • Contract Research Organizations (CROS)
  • Clinical Laboratories
  • Hospitals & Clinics
  • Academic & Research Institutes
  • Pharmaceutical & Biotechnology Companies
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender

RoE Next Generation Sequencing (NGS) Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Billion
Market Value in 2024 147.67 USD Billion
Market Value in 2032 377.12 USD Billion
CAGR (2025-2032) 17.43%
Historic Data 2016-2023
Market Segments Covered Product & Service,Application,Technology,End User,Distribution Channel

Regional Insights:

  • Leading Market (2024-2032): RoE, leading in terms of revenue 147.67 USD Billion in 2024
    • Key Country: RoE, leading in terms of revenue with value of 147.67 USD Billion in 2024.

Segments and Scope

  • RoE Next Generation Sequencing (NGS) Market to 2032, By Product & Service
    • Consumables is the largest segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a revenue of 74.46 USD Billion in the year 2024.
    • Services is the Fastest growing segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a Growth rate of 17.24 % in forecast period 2025-2032.
  • RoE Next Generation Sequencing (NGS) Market to 2032, By Application
    • Precision Medicine is the largest segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a revenue of 147.67 USD Billion in the year 2024.
    • Pharmaceuticals Microbiology is the Fastest growing segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a Growth rate of 17.43 % in forecast period 2025-2032.
  • RoE Next Generation Sequencing (NGS) Market to 2032, By Technology
    • Sequencing By Synthesis (SBS) is the largest segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a revenue of 90.04 USD Billion in the year 2024.
    • Sequencing By Synthesis (SBS) is the Fastest growing segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a Growth rate of 17.64 % in forecast period 2025-2032.
  • RoE Next Generation Sequencing (NGS) Market to 2032, By End User
    • Pharmaceutical & Biotechnology Companies is the largest segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a revenue of 58.28 USD Billion in the year 2024.
    • Pharmaceutical & Biotechnology Companies is the Fastest growing segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a Growth rate of 18.43 % in forecast period 2025-2032.
  • RoE Next Generation Sequencing (NGS) Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a revenue of 89.48 USD Billion in the year 2024.
    • Direct Tender is the Fastest growing segment in RoE Next Generation Sequencing (NGS) Market to 2032 with a Growth rate of 17.68 % in forecast period 2025-2032.

RoE Next Generation Sequencing (NGS) Market Company Share Analysis

 
Company Name Company Share Analysis
Merck KGaA
Thermo Fisher Scientific Inc.
QIAGEN
Charles River Laboratories
RoE Next Generation Sequencing (NGS) Market Company Share Analysis

RoE Next Generation Sequencing (NGS) Market Geographical Sales Distribution, 2018-2032 USD Billion

RoE Next Generation Sequencing (NGS) Market Geographical Sales Distribution, 2018-2032 USD Billion

RoE Next Generation Sequencing (NGS) Market Company Profiling

RoE Next Generation Sequencing (NGS) Market Company Profiling

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Frequently Asked Questions
The RoE Next Generation Sequencing (NGS) Market is segmented based on Segmentation Product & Service,Application,Technology,End User,Distribution Channel.
RoE Next Generation Sequencing (NGS) Market was valued at USD 147.67(Revenue in USD Billion) in 2020.
RoE Next Generation Sequencing (NGS) Market is projected to grow at a CAGR of 17.43% during the forecast period of 2024 to 2032.
The Precision Medicine segment is expected to dominate the RoE Next Generation Sequencing (NGS) Market, holding a largest market share of 147.67 USD Billion in 2024

Coming Soon....

RoE Next Generation Sequencing (NGS) Market Scope

RoE Next Generation Sequencing (NGS) Market Segmentation & Scope
Product & Service
  • Instruments
  • Services
  • Consumables
Application
  • Others
  • Food Pathogen Screening
  • Agricultural & Animal Research
  • Diagnostics
  • Pharmaceuticals Microbiology
  • Precision Medicine
  • Drug & Biomarker Discovery
Technology
  • Others
  • Sequencing By Ligation (SBL)
  • Sequencing By Synthesis (SBS)
End User
  • Others
  • Contract Research Organizations (CROS)
  • Clinical Laboratories
  • Hospitals & Clinics
  • Academic & Research Institutes
  • Pharmaceutical & Biotechnology Companies
Distribution Channel
  • Others
  • Retail Sales
  • Direct Tender
Frequently Asked Questions
The RoE Next Generation Sequencing (NGS) Market is segmented based on Segmentation Product & Service,Application,Technology,End User,Distribution Channel.
RoE Next Generation Sequencing (NGS) Market was valued at USD 147.67(Revenue in USD Billion) in 2020.
RoE Next Generation Sequencing (NGS) Market is projected to grow at a CAGR of 17.43% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Next Generation Sequencing (NGS) Market for final year is USD 377.12 (USD Billion).

RoE Next Generation Sequencing (NGS) Market Company Profiling

RoE Next Generation Sequencing (NGS) Market Company Profiling
Frequently Asked Questions
The RoE Next Generation Sequencing (NGS) Market is segmented based on Segmentation Product & Service,Application,Technology,End User,Distribution Channel.
RoE Next Generation Sequencing (NGS) Market was valued at USD 147.67(Revenue in USD Billion) in 2020.
RoE Next Generation Sequencing (NGS) Market is projected to grow at a CAGR of 17.43% during the forecast period of 2024 to 2032.
The estimated market value of the RoE Next Generation Sequencing (NGS) Market for final year is USD 377.12 (USD Billion).

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