Sequencing Consumables Market Insights 2025-2034: Growth Forecast and Strategic Priorities

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Sequencing Consumables Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
There has been an unprecedented growth in the market size of sequencing consumables in the past few years. It is projected to expand from $9.79 billion in 2024 to $12.36 billion in 2025, experiencing a Compound Annual Growth Rate (CAGR) of 26.2%. Several factors have contributed to this growth during the historical period, including the rise in drug development activities, a higher occurrence of genetic disorders and target diseases, an increase in the application of miniaturized portable instruments, a surge in biomarker profiling, a growing demand for personalized medicine, and a rising number of cancer patients.

Sequencing Consumables Market Size Forecast: What's the Projected Valuation by 2029?
In the coming years, the market size for sequencing consumables is projected to see a significant surge, expected to reach $30.33 billion in 2029 with a 25.2% CAGR. The growth throughout the forecast period could be due to the escalating demand for prompt and accurate disease diagnosis, increased usage of real-time polymerase chain reaction, a rising need for quick and on-site diagnostic testing, an increase in infectious disease outbreaks, and a growing demand for companion diagnostics. The forecast period also sees trends such as the advancement in disease detection and monitoring, drug discovery innovations, progress in target validation and biomarker identification, heightened DNA sequencing technologies, progression in diagnostic testing, next-generation sequencing (NGS), lab-on-a-chip platforms, and the development of cutting-edge molecular diagnostic solutions.

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What Are the Drivers Transforming the Sequencing Consumables Market?
The growth of the sequencing consumables market is anticipated to be fueled by the increasing occurrence of genetic disorders. Genetic disorders, which can often be inherited, are conditions caused by irregularities in a person's DNA or genes. Advancements in diagnostics, greater awareness, and shifts in environmental conditions are credited with the surge in these diseases. Sequencing consumables play a vital role in genetic disease diagnostics, from extracting DNA to preparing libraries, sequencing, and analyzing the data to pinpoint disease-related genetic variations. In an example from the Centers for Disease Control and Prevention, a US government agency, it was reported that approximately 6,000 babies are born with Down syndrome in the United States each year, equating to around 1 in every 700 babies. This continues to elevate the demand for sequencing consumables in tackling genetic diseases.

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Which Emerging Trends Are Transforming the Sequencing Consumables Market in 2025?
Leading firms in the sequencing consumables market are concentrating on advancing innovations such as human whole-genome sequencing (WGS) assays. These are designed to improve precision, effectiveness, and speed in genomic analysis. Human whole-genome sequencing (WGS) assays are comprehensive analyses of an individual's entire genome, ideally all their DNA. It's used to spot genetic discrepancies, mutations and biomarkers linked with health, disease susceptibility and response to treatment. For example, Illumina Inc., a biotech firm based in the U.S, introduced the Illumina Complete Long Read Prep- Human in March 2023. This is a high-performance, long-read, human whole-genome sequencing (WGS) assay compatible with Illumina NovaSeq X Plus, NovaSeq X and NovaSeq 6000 Sequencing Systems. It allows users to access both long- and short-read information on a singular Illumina tool for the first time. This product simplifies procedures and considerably reduces DNA input needs compared to other long-read alternatives.

Which Segments in the Sequencing Consumables Market Offer the Most Profit Potential?
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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Which Firms Dominate the Sequencing Consumables Market by Market Share and Revenue in 2025?
Major companies operating in the sequencing consumables market are F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Merck KGaA, Becton, inson 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

Which Regions Offer the Highest Growth Potential in the Sequencing Consumables Market?
North America was the largest region in the sequencing consumables market in 2024. 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.

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