Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) -- The "Next Generation Sequencers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Next Generation Sequencers Market to Reach $29.6 Billion by 2030
The global market for Next Generation Sequencers estimated at US$7.7 Billion in the year 2022, is projected to reach a revised size of US$29.6 Billion by 2030, growing at a CAGR of 18.4% over the analysis period 2022-2030. Consumables, one of the segments analyzed in the report, is projected to record 20.7% CAGR and reach US$40.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Platforms segment is readjusted to a revised 15.3% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $2.1 Billion, While China is Forecast to Grow at 25.9% CAGR
The Next Generation Sequencers market in the U.S. is estimated at US$2.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.1 Billion by the year 2030 trailing a CAGR of 25.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 14.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR.
Select Competitors (Total 93 Featured) -
- Agilent Technologies, Inc.
- Becton, Dickinson and Company
- Fluidigm Corporation
- Illumina Inc.
- Oxford Gene Technology
- Oxford Nanopore Technologies
- Pacific Biosciences of California Inc.
- QIAGEN N.V.
- RainDance Technologies Inc.
- Roche Sequencing
- Thermo Fischer Scientific Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 299 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value (USD) in 2020 | $5.3 Billion |
| Forecasted Market Value (USD) by 2027 | $37.2 Billion |
| Compound Annual Growth Rate | 32.1% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/cv5wgh
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