Leading Growth Driver in the Sequencing Consumables Market in 2025: Genetic Diseases Driving Growth In Sequencing Consumables Market Driver's Influence

What industry-specific factors are fueling the growth of the sequencing consumables market?
The increasing prevalence of genetic diseases is expected to boost the sequencing consumables market. Genetic diseases, caused by abnormalities in DNA, are rising due to improved diagnostics and environmental changes. Sequencing consumables are used in genetic testing to extract DNA, prepare libraries, and analyze genetic variants. The Centers for Disease Control and Prevention reported that 6,000 babies are born with Down syndrome in the U.S. each year, supporting the demand for sequencing consumables.

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What Is the projected market size and growth rate for the sequencing consumables market?
The sequencing consumables market has seen rapid expansion in recent years. It is projected to grow from $9.79 billion in 2024 to $12.44 billion in 2025, achieving a compound annual growth rate (CAGR) of 27.1%. The growth in the past period can be attributed to an increase in drug development efforts, a rise in genetic disorders and targeted diseases, the growing use of miniaturized portable instruments, widespread biomarker profiling, higher demand for personalized medicine, and the rising number of cancer patients.

The sequencing consumables market is expected to reach $32.12 billion by 2029, with a CAGR of 26.8%. This growth is due to the increased demand for rapid and accurate disease diagnosis, the growing adoption of real-time PCR, the need for on-site diagnostic testing, rising infectious disease outbreaks, and the demand for companion diagnostics. Key trends include advancements in disease detection, innovations in drug discovery, target validation, biomarker identification, next-generation sequencing (NGS), lab-on-a-chip platforms, and molecular diagnostic solutions.

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What new trends are reshaping the sequencing consumables market and its opportunities?
Companies in the sequencing consumables market are innovating with products like human whole-genome sequencing (WGS) assays to enhance accuracy and efficiency in genomic analysis. In March 2023, Illumina Inc., a US-based biotechnology firm, released the Illumina Complete Long Read Prep-Human, a high-performance, long-read human WGS assay. It is compatible with the NovaSeq X Plus, NovaSeq X, and NovaSeq 6000 Sequencing Systems, offering users access to both long- and short-read data, simplifying workflows, and significantly reducing DNA input requirements.

What major market segments define the scope and growth of the sequencing consumables market?
The sequencing consumables market covered in this report is segmented -

1) By Product: Kits, Reagents, Accessories
2) By Platform: 1st Generation Sequencing Consumables, 2nd Generation Sequencing Consumables, 3rd Generation Sequencing Consumables
3) By Application: Cancer Diagnostics, Infectious Disease Diagnostics, Reproductive Health Diagnostics, Pharmacogenomics, Agrigenomics, Others Application
4) By End-Use: Pharmaceutical And Biotechnology Companies, Hospitals And Laboratories, Academic Research Institutes, Other End-Uses

Subsegments:
1) By Kits: Library Preparation Kits, DNA Or RNA Amplification Kits, Sequencing Kits
2) By Reagents: PCR Reagents, DNA Or RNA Reagents, Enzymes
3) By Accessories: Sequencing Chips, Primers And Probes, Sample Preparation Tools

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What regions are at the forefront of sequencing consumables market expansion?
North America was the largest region in the sequencing consumables market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sequencing consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Which key market leaders are driving the sequencing consumables industry growth?
Major companies operating in the sequencing consumables market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Merck KGaA, Becton, Dickinson and Company, Agilent Technologies Inc., Illumina Inc., PerkinElmer Inc., bioMérieux SA, Beckman Coulter Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Tecan Group AG, BGI Genomics Co Ltd., Promega Corporation, Abcam Limited, Integrated DNA Technologies Inc., Takara Bio Inc., Oxford Nanopore Technologies plc, Pacific Biosciences of California Inc., Analytik Jena GmbH, Standard BioTools Inc., LGC Biosearch Technologies Inc., Biocartis SA, Apex Biotechnology Corp., Lexogen GmbH

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What Is Covered In The Sequencing Consumables Global Market Report?

•Market Size Forecast: Examine the sequencing consumables market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the sequencing consumables market for a structured understanding.
•Key Players Overview: Analyze major players in the sequencing consumables market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sequencing consumables market.
•Segment Contributions: Evaluate how different segments drive overall growth in the sequencing consumables market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sequencing consumables market.
•Industry Challenges: Identify potential risks and obstacles affecting the sequencing consumables market.
•Competitive Landscape: Review strategic developments in the sequencing consumables market, including expansions, agreements, and new product launches.

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