Whole Exome Sequencing Market Landscape 2025: Forecast Data and Growth Strategy Insights

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Whole Exome Sequencing Market Through 2025?
In recent times, the market size for whole exome sequencing has seen a rapid expansion. It's expected to surge from $2.82 billion in 2024 to $3.37 billion in 2025, with a compound annual growth rate (CAGR) of 19.4%. Such growth historically has been driven by advancements in genomic research, trends in precision medicine, diagnosis of rare diseases, applications in pharmaceutical and biotech fields, along with a decrease in sequencing costs.

What's the Projected Size of the Global Whole Exome Sequencing Market by 2029?
The market for whole exome sequencing is predicted to witness a substantial escalation in size in the forthcoming years, potentially hitting $7.29 billion in 2029 with a 21.3% Compound Annual Growth Rate (CAGR). This growth projection for the forecast period is due to factors like the widespread usage in oncology, usage in clinical diagnostics, increased demand for genetic testing, population genomics initiatives, and the rise of gene therapies. The major trends for the forecasting period are improved clinical utility and acceptance, decreasing sequencing costs, a focus on data security and privacy, consolidation with electronic health records, and progress in single-cell sequencing.

View the full report here:
https://www.thebusinessresearchcompany.com/report/whole-exome-sequencing-global-market-report

Top Growth Drivers in the Whole Exome Sequencing Industry: What's Accelerating the Market?
The rise in HIV (human immunodeficiency virus) incidence is anticipated to fuel the advancement of the whole exome sequencing market. This virus targets the body's immune system, and whole exome sequencing offers valuable genomic structures of these viruses, potentially helping in the personalized treatment and development of vaccines for HIV. To illustrate, the Minority HIV/AIDS Fund (MHAF), a government agency in the United States, stated in August 2024 that about 39.9 million people worldwide were affected by HIV in 2023, which includes 38.6 million adults and 1.4 million children, a remarkable increase from previous years. Consequently, the escalating prevalence of HIV is promoting the growth of the whole exome sequencing market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10669&type=smp

What Trends Will Shape the Whole Exome Sequencing Market Through 2029 and Beyond?
Emerging diagnostic techniques are a prominent trend emerging in the whole exome sequencing market. Firms present in this market are channeling their efforts towards innovating new products to maintain their relevance in the market. In a case in point, Illumina Inc., a biotechnology firm based in the US, in February 2023, launched NovaSeqX Plus- an extremely powerful sequencing technology. This product boasts of a unique mix of high throughput and precision, supported by simpler informatics and advancements in sustainability. It is also cost-effective. The enhancements made in NovaSeq X Plus systems are capable of producing tens of thousands of whole genomes per annum, optimizing efficiency, and reducing turnaround time.

What Are the Main Segments in the Whole Exome Sequencing Market?
The whole exome sequencing market covered in this report is segmented -

1) By Product: Systems, Kits, Services
2) By Technology: Sequencing By Synthesis, Ion Semiconductor Sequencing, Other Technologies
3) By Application: Diagnostics, Drug Discovery And Development, Personalized Medicine, Agriculture And Animal Research
4) By End-User: Hospitals And Clinics, Pharmaceutical And Biotechnology Companies, Academic and Research Institutes, Clinical Laboratories, Other End-Users

Subsegments:
1) By Systems: Sequencing Systems, Data Analysis Systems
2) By Kits: Library Preparation Kits, Exome Enrichment Kits, Sequencing Kits
3) By Services: Data Analysis Services, Consulting Services, Custom Sequencing Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10669&type=smp

Which Top Companies are Driving Growth in the Whole Exome Sequencing Market?
Major companies operating in the whole exome sequencing market include Thermo Fisher Scientific Inc., Illumina Inc., Eurofins Genomics, Azenta US Inc., CD Genomics, Psomagen Inc., Agilent Technologies, BGI Genomics, F. Hoffmann-La Roche Ltd., QIAGEN Inc., Macrogen Inc., Ambry Genetics, Bio-Rad Laboratories Inc., Bioneer Corporation, Foundation Medicine Inc., KONICA MINOLTA INC., Otogenetics Corporation, Geneyx Genomex Ltd., ArcherDX Inc., Blueprint Genetics Oy, Bionano Genomics Inc., Centogene AG, Fulgent Genetics Inc., Natera Inc., GeneDx Inc., GENEWIZ Inc., Novogene Corporation, PerkinElmer Inc., Personalis Inc.

Which Regions Will Dominate the Whole Exome Sequencing Market Through 2029?
North America was the largest region in the whole exome sequencing market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global whole exome sequencing market report during the forecast period. The regions covered in the whole exome sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10669

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.