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Sanger Sequencing Market on Track for Strong Growth, Estimated to Grow at 16.9% CAGR Through 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsWhat Is the Expected CAGR for the Sanger Sequencing Market Through 2025?
In recent times, the sanger sequencing market has experienced quick expansion. A significant increase from $2.75 billion in 2024 to $3.3 billion in 2025 is anticipated, indicating a compound annual growth rate (CAGR) of 19.8%. The boom during the past period was a result of factors such as the growing demand for research, enhancement in medical diagnostics, development in pharmaceutical sector, advancement in agricultural applications, escalation in forensic analysis, surge in biomarker discovery, and expansion in genetic evolution studies.
What's the Projected Size of the Global Sanger Sequencing Market by 2029?
The market size of Sanger sequencing is anticipated to undergo swift expansion in the coming years, reaching a valuation of $6.17 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 16.9%. Factors contributing to this growth during the forecast period include the escalating integration of clinical genomics, the widespread use of agricultural genomics, an increase in drug safety and pharmacogenomics, a rise in prenatal and newborn screening, and the expansion of environmental DNA analysis. Emerging trends throughout the forecast period include advances in technology, a surge in demand for next-generation sequencing, burgeoning use in clinical diagnostics, escalating investments in genomics research, and the growing implementation in personalized medicine.
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Top Growth Drivers in the Sanger Sequencing Industry: What's Accelerating the Market?
The surge in genetic diseases is anticipated to stimulate the expansion of the sanger sequencing market in the future. Genetic diseases or genetic disorders are health conditions triggered by abnormalities or alterations in a person's DNA, which is the hereditary substance that carries genetic data. Sanger sequencing is employed to identify genetic diseases by determining the precise sequence of nucleotides (the fundamental units of DNA) in a particular gene or DNA segment. For example, as stated by the National Health Service, a public health care system based in the UK, roughly 2,300 individuals in the UK were found to have thalassaemia as of August 2024. Of these, approximately 800 individuals experience a severe version of the disease requiring regular blood transfusions. Consequently, the surge in genetic diseases is contributing to the expansion of the sanger sequencing market.
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What Trends Will Shape the Sanger Sequencing Market Through 2029 and Beyond?
Leading corporations in the Sanger sequencing market are concentrating their efforts on broadening their genomic laboratories in order to deliver prompt Sanger sequencing services to Northern UK. These genomic labs are dedicated centers that carry out genetic examinations and analyses to study the makeup, functionality, and inheritance of genes and genomes, frequently for reasons such as diagnoses, research, and personalized medicine. For example, Source Genomics, a company based in the UK that offers genomic services, announced in June 2023 that they are expanding their genomic laboratory into the north of the UK. This expansion aims to enhance the capabilities of their Sanger sequencing services and expedite the time it takes to deliver data. The widening of laboratory operations into the northern territories marks a significant progression in offering fair access to genomic services to research facilities across the country. This territorial expansion will allow clients nationwide to enjoy high-grade Sanger sequencing services with speedier delivery times.
What Are the Main Segments in the Sanger Sequencing Market?
The sanger sequencing market covered in this report is segmented -
1) By Sequencing: Shotgun Sequencing, Targeted Gene Sequencing, Other Sequencing
2) By Laboratory: Wet Labs, Dry Labs
3) By Research: In-House, Outsourced
4) By Application: Diagnostics, Biomarkers and Cancer, Reproductive Health, Personalized Medicine, Forensics, Other Applications
5) By End User: Academic, Government Research Institutes, Pharmaceutical Companies, Biotechnology Companies, Hospitals, Clinics
Subsegments:
1) By Shotgun Sequencing: Whole Genome Shotgun Sequencing, Metagenomic Shotgun Sequencing
2) By Targeted Gene Sequencing: Amplicon Sequencing, Exome Sequencing
3) By Other Sequencing: Nested PCR Sequencing, Sequencing By Synthesis (SBS)
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Which Top Companies are Driving Growth in the Sanger Sequencing Market?
Major companies operating in the sanger sequencing market report are Hoffmann-La Roche, Thermo Fisher Scientific Inc., Merck KGaA, Eurofins Scientific, Illumina Inc., Beckman Coulter, PerkinElmer Inc., BGI Group, LGC Limited, GenScript, Oxford Nanopore Technologies, Pacific Biosciences of California Inc., Macrogen Inc., GENEWIZ Inc., Quintara Biosciences, CeMIA SA, Source BioScience, Microsynth AG, Fasteris SA, GenHunter Corporation, Nucleics Pty. Ltd., SciGenom Labs Pvt. Ltd., StarSEQ GmbH, GATC Biotech AG, Agilent Technologies
Which Regions Will Dominate the Sanger Sequencing Market Through 2029?
North America was the largest region in the sanger sequencing market in 2024. The regions covered in the sanger sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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