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North America Sequencing Reagents Market Size is Anticipated to Increase During the Study Period to 2028

01-27-2025 02:29 PM CET | Health & Medicine

Press release from: Business Market Insights

Sequencing reagents are used during the process of sequencing. The use of these reagents highly depends on the desired result to be obtained. They form an essential part of the sequencing reactions, which can be used across various other applications as well. North America Sequencing Reagents Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Technology (Next Generation Sequencing, Sanger Sequencing, and Third Generation Sequencing), Application (Agrigenomics and Forensics, Clinical Investigation, Oncology, Reproductive Health, and Other Applications), Reagent Type (Control Kits, Library Kits, Template Kits, Sequencing Kits, and Other Reagent Types), and End User (Hospitals and Clinics, Research Institutes, Pharmaceutical and Biotechnology Companies, and Other End Users)

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Competitive Landscape: North America Sequencing Reagents Market:

The North America sequencing reagents market is expected to reach US$ 5,464.95 million by 2028 from US$ 2,353.66 million in 2021; it is estimated to grow at a CAGR of 12.8% from 2021 to 2028. The growth of the market is attributed to a few key driving factors such as the increasing volume of funding activities for various research studies and the declining cost of sequencing procedures. However, the dearth of skilled professionals hinders the market growth.Sequencing reagents form an essential part of the sequencing reactions, which can be used across various other applications as well. Now, sequencing reagents is increasingly used in clinical practice, and over the next five years, genomic data from over 60 million patients is expected to be generated within healthcare. Genomic sequencing is rapidly transitioning into clinical practice, and implementation into healthcare systems has been supported by substantial government investment, totaling over US$ 4 billion in at least 14 countries. These national genomic-medicine initiatives are driving transformative change under real-life conditions while simultaneously addressing barriers to implementation and gathering evidence for broader adoption, thereby driving the growth of the sequencing reagent market

Pacific Biosciences of California, Inc.
QIAGEN
Takara Bio Inc.
THERMO FISHER SCIENTIFIC INC.
TriLink BioTechnologies Inc
BGI
HOFFMANN-LA ROCHE LTD.
Illumina, Inc.
FLUIDIGM CORPORATION
LGC Biosearch Technologies
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Chapter Details of North America Sequencing Reagents Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: North America Sequencing Reagents Market Landscape
Part 04: North America Sequencing Reagents Market Sizing
Part 05: North America Sequencing Reagents Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis

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Bussiness Market Insights is a one stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
The market research industry has changed in last decade. As corporate focus has shifted to niche markets and emerging countries, a number of publishers have stepped in to fulfil these information needs. We have experienced and trained staff that helps you navigate different options and lets you choose best research solution at most effective cost.

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