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Leading Element Driving Change in the Sample Preparation Products For Next Generation Sequencing Market in 2025: Rising Demand For Precision Medicine Drives Growth Of Sample Preparation Products In Next-Generation Sequencing (NGS) Driver
What Is the Estimated Market Size and Growth Rate for the Sample Preparation Products For Next Generation Sequencing Market?The market size for sample preparation products for next generation sequencing has experienced robust growth in the past few years. An expansion from $36.87 billion in 2024 to $42.52 billion in 2025 is projected, reflecting a compound annual growth rate (CAGR) of 15.3%. This historical growth trend has been fueled by a host of factors including early enhancements in sequencing technologies, industry investments in genomics and personalized medicine, a precipitous decrease in sequencing costs which has expanded its application range, increasing curiosity about genetic factors, and key partnerships among technology providers.
The market size of sample preparation products for next generation sequencing is anticipated to experience swift expansion in the forthcoming years, escalating to $74.49 billion by 2029 with a compound annual growth rate (CAGR) of 15.0%. The surge throughout the predicted period can be ascribed to the need for more precise and wide-ranging NGS solutions, improved capabilities of data analysis, new and growing uses in fields such as oncology, and the influence of standards and approvals for clinical applications of NGS, along with advancements in sequencing technology. Key trends during the forecast period encompass automated and high-throughput sample preparation procedures, protocols for sample preparation and assurance of superior quality, groundbreaking sequencing technologies, nanopore sequencing, adoption, and stimulation of innovation in sample preparation products.
What Are the Forces Behind the Rapid Growth of the Sample Preparation Products For Next Generation Sequencing Market?
The surge in demand for precision medicine is predicted to fuel the expansion of the market for sample preparation products for next generation sequencing. Precision medicine is a healthcare approach that personalizes treatment strategies and healthcare based on a patient's unique genetic makeup, environmental implications, and lifestyle conditions. The heightened demand for this type of personalized healthcare is mainly due to an increase in chronic illnesses such as cancer, diabetes, and cardiovascular diseases. Products that prepare samples for NGS play a critical role in the progression of precision medicine, as they facilitate the precise and efficient examination of genetic data. This is vital for crafting targeted therapies and enhancing patient results within personalized healthcare. For example, the Personalized Medicine Coalition, a not-for-profit organization in the United States, states that in February 2024, the FDA greenlit 16 new personalized treatments for individuals suffering from rare conditions in 2023, a significant increase from six approvals in 2022. Consequently, the escalating demand for precision medicine is propelling the growth of the market for sample preparation products for next generation sequencing.
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Who Are the Dominant Companies Influencing Sample Preparation Products For Next Generation Sequencing Market Trends?
Major companies operating in the sample preparation products for next generation sequencing market are Merck & Co. Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche AG, Eurofins Scientific SE, Agilent Technologies Inc., PerkinElmer Inc., Illumina Inc., Beckman Coulter Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Eppendorf AG, Promega Corporation, Oxford Nanopore Technologies Ltd, Takara Bio Inc, New England Biolabs, Fluidigm Corporation, Pacific Biosciences of California Inc., Analytik Jena AG, SeraCare Life Sciences, Diagenode Inc., Zymo Research Corporation, Nugen Technologies Inc., Swift Biosciences Inc., Tecan Group Ltd.
Who Are the Dominant Companies Influencing Market Trends?
Prominent firms in the sample preparation products market for next generation sequencing are adopting innovations like next-generation sequencing to establish a competitive advantage. Next-generation sequencing (NGS), a groundbreaking technique, is implemented to define the sequence of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA), facilitating genetic variation analysis and biological phenomenon studies. For instance, in July 2023, QIAGEN N.V., a company based in Germany that offers sample and assay technologies, released QIAseq Normalizer Kits. These kits provide a quick, convenient, and economical method for researchers to merge DNA libraries, ensuring superior results in NGS operations. The said kits are compatible with QIAGEN's QIAseq library preparation solutions and other DNA/RNA preparation workflows for Illumina platforms.
What Are the Different Segmentations in the Sample Preparation Products For Next Generation Sequencing Market?
The sample preparation products for next generation sequencing market covered in this report is segmented -
1) By Type: Deoxyribonucleic Acid (DNA) Extraction Purification And Isolation Products, Ribonucleic Acid (RNA) Extraction Purification And Isolation Products, Panels Exome Kits And Other Target Enrichment Products, Deoxyribonucleic Acid (DNA) Library Construction Or Preparation Products, Ribonucleic Acid (RNA)-sequencing (Seq) Transcriptome And Gene Expression Products, Small Ribonucleic Acid (RNA) Next Generation Sequencing Sample Preparation Products
2) By Therapeutic Area: Oncology, Infectious Diseases, Human Genetics Or Population Genetics
3) By Application: Biotechnology, Medical, Pharmaceutical, Other Applications
Subsegments:
1) By Deoxyribonucleic Acid (DNA) Extraction Purification and Isolation Products: DNA Extraction Kits, DNA Purification Reagents, Isolation Columns and Magnetic Beads
2) By Ribonucleic Acid (RNA) Extraction Purification and Isolation Products: RNA Extraction Kits, RNA Purification Reagents, Isolation Columns and Magnetic Beads
3) By Panels, Exome Kits, and Other Target Enrichment Products: Exome Enrichment Kits, Targeted Panels for Specific Genes, Custom Enrichment Solutions
4) By Deoxyribonucleic Acid (DNA) Library Construction or Preparation Products: DNA Library Preparation Kits, Fragmentation and End Repair Kits, Adapter Ligation Kits
5) By Ribonucleic Acid (RNA)-Sequencing (Seq) Transcriptome and Gene Expression Products: RNA-Seq Library Preparation Kits, Quantification Reagents for RNA-Seq, Transcriptome Analysis Tools
6) By Small Ribonucleic Acid (RNA) Next Generation Sequencing Sample Preparation Products: Small RNA Library Preparation Kits, miRNA Extraction and Quantification Products, Small RNA Enrichment Kits
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Which Region Is at the Forefront of the Sample Preparation Products For Next Generation Sequencing Market?
North America was the largest region in the sample preparation products for next generation sequencing (NGS) market in 2024. The regions covered in the sample preparation products for next generation sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Sample Preparation Products For Next Generation Sequencing Global Market Report?
- Market Size Analysis: Analyze the sample preparation products for next generation sequencing Market Size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the sample preparation products for next generation sequencing market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall sample preparation products for next generation sequencing market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the sample preparation products for next generation sequencing market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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