Sequencing Reagents Market Share

  • Report ID: 5883
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Sequencing Reagents Market Share

North American Market

The sequencing reagents market in the North America region will have the biggest growth during the forecast period with a revenue share of around 34%. This growth will be noticed owing to the region’s advanced healthcare system. The Joined together States positions 4th in the World Record of Healthcare Development, with an in-general score of 54.96, behind as it were Switzerland, Germany, and the Netherlands. Americans are as a rule the primary to pick up major unused therapeutic propels, progresses regularly found at American colleges and created by American companies. As a result, the U.S. positioned to begin with for both Choice (57.67) and Science & Innovation (75.15).

European Market

The sequencing reagents market in the Europe region will also encounter huge growth during the forecast period and will hold the second position owing to the rising concentration on customized medicine and high healthcare investment in countries like the United Kingdom and Germany. With its 743 million inhabitants spread over 44 nations, counting the 27 countries inside the EU, Europe may be a critical player within the worldwide financial landscape. Moreover, by 2040 care will be sorted out around the citizens instead of around the teachers that drive the existing healthcare frameworks. These changes will influence the businesses and working models of all partners, counting unused non-traditional companies entering the healthcare space. Thus, it will help the European region to have significant growth in the sequencing reagents market.

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Author Credits:  Radhika Pawar


  • Report ID: 5883
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of sequencing reagents is assessed at USD 9 billion.

Sequencing Reagents Market size was valued at USD 7.93 billion in 2024 and is likely to reach USD 59.71 billion by the end of 2037, expanding at around 16.8% CAGR during the forecast period i.e., between 2025-2037. The quick development in sequencing technology will drive the market growth.

North America industry is set to dominate majority revenue share of 34% by 2037, owing to regions advanced healthcare system.

The major players in the market are Thermo Fisher Scientific, Inc., Illumina, Inc., QIAGEN, BGI, Pacific Biosciences of California, Inc., F. Hoffmann-La Roche A.G., Oxford Nanopore Technologies, Agilent Technologies, Inc., Fluidigm Corporation, ArcherDX, Inc., Myriad Genetics. Inc., Eurofins Scientific, Takara Bio Inc., Mitsui Information Co., Ltd.
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