GLOBAL SEQUENCING REAGENTS MARKET 2021-2028

Lifesciences | Diagnostic & Biotechnology

GLOBAL SEQUENCING REAGENTS MARKET 2021-2028

Market by Application, Reagent Type, Technology, Industry Verticals, and Geography | Forecast 2021-2028

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Triton Market Research’s analysis of the global sequencing reagents market shows that, in terms of revenue, the market is projected to grow at a CAGR of 12.83% during the estimating years 2021-2028. In 2020, the market gained $5601.6 million and is likely to garner revenue worth $16451.5 million by 2028.


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Sequencing reagents are used during sequencing procedures. The studied market is driven by multiple factors, including the rise in cancer and autoimmune diseases, decreasing costs of genetic sequencing, and biotechnology industry development supporting the adoption of sequencing techniques.

Besides, the development of novel technologies, such as Nanopore and Single-Molecule Real-Time (SMRT) sequencing, for efficient and cost-effective preparation of sequencing libraries, enable researchers to sequence the entire genome within a short period at a lower cost. Additionally, genomic sequencing techniques have developed mutation detection of genetic diseases in the past few years. In recent years, third-generation sequencing (TGS) has gained insight into more genetic conditions because of the single molecular and real-time sequencing technology. One of these new technologies was developed by Pacific Biosciences called Single-Molecule Sequencing in Real-Time (SMRT).

Triton’s study aims to get an overview of the market in terms of various factors. Within this report, the key insight and the market definition of the sequencing reagents market have been discussed. Also, Industry components like Porter’s five forces model, supply chain outlook, the impact of COVID-19, market attractiveness index, and key strategic developments have been studied in detail.

Market drivers like ongoing research in genomics due to the prevalence of chronic diseases and advances in genomics after the launch of new technologies are driving the sequencing reagents market’s growth. However, social and ethical issues related to data privacy and the lack of professionals with adequate genomics sequencing knowledge in developing countries obstruct the global market’s growth.

Key opportunities like funding by the manufacturers and government in genomics and the growing demand for third-generation sequencing can be leveraged by the market to reach its projected growth.



Major geographies covered in the global sequencing reagents market are:

•           North America: Canada and United States

•           Europe: United Kingdom, Germany, Russia, Spain, Italy, France, and Rest of Europe

•           Asia-Pacific: Japan, South Korea, India, ASEAN countries, China, New Zealand & Australia, and Rest of Asia-Pacific

•           Latin America: Mexico, Brazil, and Rest of Latin America  

•           Middle East and Africa: Turkey, United Arab Emirates, South Africa, Saudi Arabia, and Rest of Middle East & Africa

The segmentation analysis of the sequencing reagents market includes:

 

•           Market by Application:

           o          Oncology

           o          Clinical Investigation

           o          Agri Genomics and Forensics

           o          Reproductive Health

           o          Other Applications

•           Market by Reagent Type:

           o          Sequencing Kits

           o          Control Kits

           o          Library Kits

           o          Template Kits

           o          Other Reagent Types

•           Market by Technology:

           o          Next-Generation Sequencing

           o          Sanger Sequencing

           o          Third-Generation Sequencing

•           Market by Industry Verticals:

           o          Research Institutes

           o          Hospitals and Clinics

           o          Pharmaceutical and Biotechnology Companies

           o          Other Industry Verticals

The key players engaged in the global sequencing reagents market is LGC Biosearch Technologies, Perkinelmer Inc, Thermo Fisher Scientific Inc, Asuragen Inc, BGI Genomics, Bio Rad Laboratories Inc, Fluidigm Corporation, Illumina Inc, Merck KGAA, Pacific Biosciences of California Inc, Agilent Technologies Inc, F Hoffmann La Roche, Qiagen NV, Takara Bio Inc, and Trilink Biotechnologies Inc.

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Table of Content

1. GLOBAL SEQUENCING REAGENTS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON SEQUENCING REAGENTS MARKET

2.2. KEY INSIGHTS

2.3. PORTER’S FIVE FORCES MODEL

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE PRODUCTS

2.3.3. BARGAINING POWER OF BUYERS

2.3.4. BARGAINING POWER OF SUPPLIERS

2.3.5. COMPETITIVE RIVALRY

2.4. SUPPLY CHAIN OUTLOOK

2.5. MARKET ATTRACTIVENESS INDEX

2.6. VENDOR SCORECARD

2.7. KEY STRATEGIC DEVELOPMENTS

2.7.1. CONTRACTS AND PARTNERSHIPS

2.7.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

2.7.3. ACQUISITIONS & MERGERS

2.7.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS

2.8. MARKET DRIVERS

2.8.1. ONGOING RESEARCH IN GENOMICS DUE TO THE PREVALENCE OF CHRONIC DISEASES

2.8.2. ADVANCES IN GENOMICS AFTER THE LAUNCH OF NEW TECHNOLOGIES

2.9. MARKET CHALLENGES

2.9.1. SOCIAL AND ETHICAL ISSUES RELATED TO DATA PRIVACY

2.9.2. LACK OF PROFESSIONALS IN DEVELOPING COUNTRIES

2.10. MARKET OPPORTUNITIES

2.10.1. FUNDING BY MANUFACTURERS AND GOVERNMENT IN GENOMICS

2.10.2. GROWING DEMAND FOR THIRD-GENERATION SEQUENCING

3. GLOBAL SEQUENCING REAGENTS MARKET - BY APPLICATION

3.1. ONCOLOGY

3.2. CLINICAL INVESTIGATION

3.3. AGRI GENOMICS AND FORENSICS

3.4. REPRODUCTIVE HEALTH

3.5. OTHER APPLICATIONS

4. GLOBAL SEQUENCING REAGENTS MARKET - BY REAGENT TYPE

4.1. SEQUENCING KITS

4.2. CONTROL KITS

4.3. LIBRARY KITS

4.4. TEMPLATE KITS

4.5. OTHER REAGENT TYPES

5. GLOBAL SEQUENCING REAGENTS MARKET - BY TECHNOLOGY

5.1. NEXT-GENERATION SEQUENCING

5.2. SANGER SEQUENCING

5.3. THIRD-GENERATION SEQUENCING

6. GLOBAL SEQUENCING REAGENTS MARKET - BY INDUSTRY VERTICALS

6.1. RESEARCH INSTITUTES

6.2. HOSPITALS AND CLINICS

6.3. PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES

6.4. OTHER INDUSTRY VERTICALS

7. GLOBAL SEQUENCING REAGENTS MARKET – REGIONAL OUTLOOK

7.1. NORTH AMERICA

7.1.1. MARKET BY APPLICATION

7.1.2. MARKET BY REAGENT TYPE

7.1.3. MARKET BY TECHNOLOGY

7.1.4. MARKET BY INDUSTRY VERTICALS

7.1.5. COUNTRY ANALYSIS

7.1.5.1. UNITED STATES

7.1.5.2. CANADA

7.2. EUROPE

7.2.1. MARKET BY APPLICATION

7.2.2. MARKET BY REAGENT TYPE

7.2.3. MARKET BY TECHNOLOGY

7.2.4. MARKET BY INDUSTRY VERTICALS

7.2.5. COUNTRY ANALYSIS

7.2.5.1. GERMANY

7.2.5.2. FRANCE

7.2.5.3. UNITED KINGDOM

7.2.5.4. ITALY

7.2.5.5. RUSSIA

7.2.5.6. SPAIN

7.2.5.7. REST OF EUROPE

7.3. ASIA-PACIFIC

7.3.1. MARKET BY APPLICATION

7.3.2. MARKET BY REAGENT TYPE

7.3.3. MARKET BY TECHNOLOGY

7.3.4. MARKET BY INDUSTRY VERTICALS

7.3.5. COUNTRY ANALYSIS

7.3.5.1. CHINA

7.3.5.2. JAPAN

7.3.5.3. INDIA

7.3.5.4. AUSTRALIA & NEW ZEALAND

7.3.5.5. SOUTH KOREA

7.3.5.6. ASEAN COUNTRIES

7.3.5.7. REST OF ASIA-PACIFIC

7.4. LATIN AMERICA

7.4.1. MARKET BY APPLICATION

7.4.2. MARKET BY REAGENT TYPE

7.4.3. MARKET BY TECHNOLOGY

7.4.4. MARKET BY INDUSTRY VERTICALS

7.4.5. COUNTRY ANALYSIS

7.4.5.1. BRAZIL

7.4.5.2. MEXICO

7.4.5.3. REST OF LATIN AMERICA

7.5. MIDDLE EAST AND AFRICA

7.5.1. MARKET BY APPLICATION

7.5.2. MARKET BY REAGENT TYPE

7.5.3. MARKET BY TECHNOLOGY

7.5.4. MARKET BY INDUSTRY VERTICALS

7.5.5. COUNTRY ANALYSIS

7.5.5.1. SAUDI ARABIA

7.5.5.2. UNITED ARAB EMIRATES

7.5.5.3. TURKEY

7.5.5.4. SOUTH AFRICA

7.5.5.5. REST OF MIDDLE EAST & AFRICA

8. COMPANY PROFILE

8.1. AGILENT TECHNOLOGIES INC

8.2. ASURAGEN INC

8.3. BGI GENOMICS

8.4. BIO RAD LABORATORIES INC

8.5. F HOFFMANN LA ROCHE

8.6. FLUIDIGM CORPORATION

8.7. ILLUMINA INC

8.8. LGC BIOSEARCH TECHNOLOGIES

8.9. MERCK KGAA

8.10. PACIFIC BIOSCIENCES OF CALIFORNIA INC

8.11. PERKINELMER INC

8.12. QIAGEN NV

8.13. TAKARA BIO INC

8.14. THERMO FISHER SCIENTIFIC INC

8.15. TRILINK BIOTECHNOLOGIES INC

9. RESEARCH METHODOLOGY & SCOPE

9.1. RESEARCH SCOPE & DELIVERABLES

9.1.1. OBJECTIVES OF STUDY

9.1.2. SCOPE OF STUDY

9.2. SOURCES OF DATA

9.2.1. PRIMARY DATA SOURCES

9.2.2. SECONDARY DATA SOURCES

9.3. RESEARCH METHODOLOGY

9.3.1. EVALUATION OF PROPOSED MARKET

9.3.2. IDENTIFICATION OF DATA SOURCES

9.3.3. ASSESSMENT OF MARKET DETERMINANTS

9.3.4. DATA COLLECTION

9.3.5. DATA VALIDATION & ANALYSIS

List of Tables

TABLE 1:       GLOBAL SEQUENCING REAGENTS MARKET, REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2:       VENDOR SCORECARD

TABLE 3:       LIST OF CONTRACTS AND PARTNERSHIPS

TABLE 4:       LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

TABLE 5:       LIST OF ACQUISITIONS & MERGERS

TABLE 6:       LIST OF NEW PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 7:       GLOBAL SEQUENCING REAGENTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 8:       GLOBAL SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 9:       GLOBAL SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 10:     GLOBAL SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 11:     GLOBAL SEQUENCING REAGENTS MARKET, REGIONAL OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 12:     NORTH AMERICA SEQUENCING REAGENTS MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 13:     NORTH AMERICA SEQUENCING REAGENTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 14:     NORTH AMERICA SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 15:     NORTH AMERICA SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 16:     NORTH AMERICA SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 17:     EUROPE SEQUENCING REAGENTS MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 18:     EUROPE SEQUENCING REAGENTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 19:     EUROPE SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 20:     EUROPE SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 21:     EUROPE SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 22:     ASIA-PACIFIC SEQUENCING REAGENTS MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 23:     ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 24:     ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 25:     ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 26:     ASIA-PACIFIC SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 27:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 28:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 29:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 30:     LATIN AMERICA SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 31:     MIDDLE EAST AND AFRICA SEQUENCING REAGENTS MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 32:     MIDDLE EAST AND AFRICA SEQUENCING REAGENTS MARKET, BY APPLICATION, 2021-2028 (IN $ MILLION)

TABLE 33:     MIDDLE EAST AND AFRICA SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2021-2028 (IN $ MILLION)

TABLE 34:     MIDDLE EAST AND AFRICA SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2021-2028 (IN $ MILLION)

TABLE 35:     MIDDLE EAST AND AFRICA SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1:     GLOBAL SEQUENCING REAGENTS MARKET, BY APPLICATION, 2020 & 2028 (IN %)

FIGURE 2:     GLOBAL SEQUENCING REAGENTS MARKET, BY ONCOLOGY, 2021-2028 (IN $ MILLION)

FIGURE 3:     GLOBAL SEQUENCING REAGENTS MARKET, BY CLINICAL INVESTIGATION, 2021-2028 (IN $ MILLION)

FIGURE 4:     GLOBAL SEQUENCING REAGENTS MARKET, BY AGRI GENOMICS AND FORENSICS, 2021-2028 (IN $ MILLION)

FIGURE 5:     GLOBAL SEQUENCING REAGENTS MARKET, BY REPRODUCTIVE HEALTH, 2021-2028 (IN $ MILLION)

FIGURE 6:     GLOBAL SEQUENCING REAGENTS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

FIGURE 7:     GLOBAL SEQUENCING REAGENTS MARKET, BY REAGENT TYPE, 2020 & 2028 (IN %)

FIGURE 8:     GLOBAL SEQUENCING REAGENTS MARKET, BY SEQUENCING KITS, 2021-2028 (IN $ MILLION)

FIGURE 9:     GLOBAL SEQUENCING REAGENTS MARKET, BY CONTROL KITS, 2021-2028 (IN $ MILLION)

FIGURE 10:  GLOBAL SEQUENCING REAGENTS MARKET, BY LIBRARY KITS, 2021-2028 (IN $ MILLION)

FIGURE 11:  GLOBAL SEQUENCING REAGENTS MARKET, BY TEMPLATE KITS, 2021-2028 (IN $ MILLION)

FIGURE 12:  GLOBAL SEQUENCING REAGENTS MARKET, BY OTHER REAGENT TYPES, 2021-2028 (IN $ MILLION)

FIGURE 13:  GLOBAL SEQUENCING REAGENTS MARKET, BY TECHNOLOGY, 2020 & 2028 (IN %)

FIGURE 14:  GLOBAL SEQUENCING REAGENTS MARKET, BY NEXT-GENERATION SEQUENCING, 2021-2028 (IN $ MILLION)

FIGURE 15:  GLOBAL SEQUENCING REAGENTS MARKET, BY SANGER SEQUENCING, 2021-2028 (IN $ MILLION)

FIGURE 16:  GLOBAL SEQUENCING REAGENTS MARKET, BY THIRD-GENERATION SEQUENCING, 2021-2028 (IN $ MILLION)

FIGURE 17:  GLOBAL SEQUENCING REAGENTS MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)

FIGURE 18:  GLOBAL SEQUENCING REAGENTS MARKET, BY RESEARCH INSTITUTES, 2021-2028 (IN $ MILLION)

FIGURE 19:  GLOBAL SEQUENCING REAGENTS MARKET, BY HOSPITALS AND CLINICS, 2021-2028 (IN $ MILLION)

FIGURE 20:  GLOBAL SEQUENCING REAGENTS MARKET, BY PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES, 2021-2028 (IN $ MILLION)

FIGURE 21:  GLOBAL SEQUENCING REAGENTS MARKET, BY OTHER INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

FIGURE 22:  UNITED STATES SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 23:  CANADA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 24:  GERMANY SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 25:  FRANCE SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 26:  UNITED KINGDOM SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 27:  ITALY SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 28:  RUSSIA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 29:  SPAIN SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 30:  REST OF EUROPE SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 31:  CHINA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 32:  JAPAN SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 33:  INDIA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 34:  AUSTRALIA & NEW ZEALAND SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 35:  SOUTH KOREA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 36:  ASEAN COUNTRIES SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 37:  REST OF ASIA-PACIFIC SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 38:  BRAZIL SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 39:  MEXICO SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 40:  REST OF LATIN AMERICA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 41:  SAUDI ARABIA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 42:  UNITED ARAB EMIRATES SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 43:  TURKEY SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 44:  SOUTH AFRICA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

FIGURE 45:  REST OF MIDDLE EAST & AFRICA SEQUENCING REAGENTS MARKET 2021-2028 (IN $ MILLION)

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