Global NGS Market Research Report 2023

The massively parallel sequencing technology known as next-generation sequencing (NGS) has revolutionized the biological sciences. With its ultra-high throughput, scalability, and speed, NGS enables researchers to perform a wide variety of applications and study biological systems at a level never before possible.

The global NGS market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Today's complex genomic research questions demand a depth of information beyond the capacity of traditional DNA sequencing technologies. Next-generation sequencing has filled that gap and become an everyday research tool to address these questions.

This report aims to provide a comprehensive presentation of the global market for NGS, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding NGS.

The NGS market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global NGS market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the NGS companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global NGS Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 NovaSeq

1.2.3 NextSeq

1.2.4 Sequel

1.2.5 Nanopore

1.3 Market by Application

1.3.1 Global NGS Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Academic Institutes & Research Centers

1.3.3 Hospitals & Clinics

1.3.4 Pharmaceutical & Biotechnology Companies

1.3.5 Others

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global NGS Market Perspective (2018-2029)

2.2 NGS Growth Trends by Region

2.2.1 Global NGS Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 NGS Historic Market Size by Region (2018-2023)

2.2.3 NGS Forecasted Market Size by Region (2024-2029)

2.3 NGS Market Dynamics

2.3.1 NGS Industry Trends

2.3.2 NGS Market Drivers

2.3.3 NGS Market Challenges

2.3.4 NGS Market Restraints

3.1 Global Top NGS Players by Revenue

3.1.1 Global Top NGS Players by Revenue (2018-2023)

3.1.2 Global NGS Revenue Market Share by Players (2018-2023)

3.2 Global NGS Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by NGS Revenue

3.4 Global NGS Market Concentration Ratio

3.4.1 Global NGS Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by NGS Revenue in 2022

3.5 NGS Key Players Head office and Area Served

3.6 Key Players NGS Product Solution and Service

3.7 Date of Enter into NGS Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global NGS Historic Market Size by Type (2018-2023)

4.2 Global NGS Forecasted Market Size by Type (2024-2029)

5.1 Global NGS Historic Market Size by Application (2018-2023)

5.2 Global NGS Forecasted Market Size by Application (2024-2029)

6.1 North America NGS Market Size (2018-2029)

6.2 North America NGS Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America NGS Market Size by Country (2018-2023)

6.4 North America NGS Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe NGS Market Size (2018-2029)

7.2 Europe NGS Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe NGS Market Size by Country (2018-2023)

7.4 Europe NGS Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific NGS Market Size (2018-2029)

8.2 Asia-Pacific NGS Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific NGS Market Size by Region (2018-2023)

8.4 Asia-Pacific NGS Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America NGS Market Size (2018-2029)

9.2 Latin America NGS Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America NGS Market Size by Country (2018-2023)

9.4 Latin America NGS Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa NGS Market Size (2018-2029)

10.2 Middle East & Africa NGS Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa NGS Market Size by Country (2018-2023)

10.4 Middle East & Africa NGS Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Illumina (US)

11.1.1 Illumina (US) Company Detail

11.1.2 Illumina (US) Business Overview

11.1.3 Illumina (US) NGS Introduction

11.1.4 Illumina (US) Revenue in NGS Business (2018-2023)

11.1.5 Illumina (US) Recent Development

11.2 Thermo Fisher Scientific (US)

11.2.1 Thermo Fisher Scientific (US) Company Detail

11.2.2 Thermo Fisher Scientific (US) Business Overview

11.2.3 Thermo Fisher Scientific (US) NGS Introduction

11.2.4 Thermo Fisher Scientific (US) Revenue in NGS Business (2018-2023)

11.2.5 Thermo Fisher Scientific (US) Recent Development

11.3 Pacific Biosciences of California (US)

11.3.1 Pacific Biosciences of California (US) Company Detail

11.3.2 Pacific Biosciences of California (US) Business Overview

11.3.3 Pacific Biosciences of California (US) NGS Introduction

11.3.4 Pacific Biosciences of California (US) Revenue in NGS Business (2018-2023)

11.3.5 Pacific Biosciences of California (US) Recent Development

11.4 BGI (China)

11.4.1 BGI (China) Company Detail

11.4.2 BGI (China) Business Overview

11.4.3 BGI (China) NGS Introduction

11.4.4 BGI (China) Revenue in NGS Business (2018-2023)

11.4.5 BGI (China) Recent Development

11.5 PerkinElmer (US)

11.5.1 PerkinElmer (US) Company Detail

11.5.2 PerkinElmer (US) Business Overview

11.5.3 PerkinElmer (US) NGS Introduction

11.5.4 PerkinElmer (US) Revenue in NGS Business (2018-2023)

11.5.5 PerkinElmer (US) Recent Development

11.6 Agilent Technologies (US)

11.6.1 Agilent Technologies (US) Company Detail

11.6.2 Agilent Technologies (US) Business Overview

11.6.3 Agilent Technologies (US) NGS Introduction

11.6.4 Agilent Technologies (US) Revenue in NGS Business (2018-2023)

11.6.5 Agilent Technologies (US) Recent Development

11.7 QIAGEN(Germany)

11.7.1 QIAGEN(Germany) Company Detail

11.7.2 QIAGEN(Germany) Business Overview

11.7.3 QIAGEN(Germany) NGS Introduction

11.7.4 QIAGEN(Germany) Revenue in NGS Business (2018-2023)

11.7.5 QIAGEN(Germany) Recent Development

11.8 Macrogen(South Korea)

11.8.1 Macrogen(South Korea) Company Detail

11.8.2 Macrogen(South Korea) Business Overview

11.8.3 Macrogen(South Korea) NGS Introduction

11.8.4 Macrogen(South Korea) Revenue in NGS Business (2018-2023)

11.8.5 Macrogen(South Korea) Recent Development

11.9 Oxford Nanopore Technologies, Ltd. (UK)

11.9.1 Oxford Nanopore Technologies, Ltd. (UK) Company Detail

11.9.2 Oxford Nanopore Technologies, Ltd. (UK) Business Overview

11.9.3 Oxford Nanopore Technologies, Ltd. (UK) NGS Introduction

11.9.4 Oxford Nanopore Technologies, Ltd. (UK) Revenue in NGS Business (2018-2023)

11.9.5 Oxford Nanopore Technologies, Ltd. (UK) Recent Development

11.10 Eurofins Scientific (Luxembourg)

11.10.1 Eurofins Scientific (Luxembourg) Company Detail

11.10.2 Eurofins Scientific (Luxembourg) Business Overview

11.10.3 Eurofins Scientific (Luxembourg) NGS Introduction

11.10.4 Eurofins Scientific (Luxembourg) Revenue in NGS Business (2018-2023)

11.10.5 Eurofins Scientific (Luxembourg) Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global NGS Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of NovaSeq

    Table 3. Key Players of NextSeq

    Table 4. Key Players of Sequel

    Table 5. Key Players of Nanopore

    Table 6. Global NGS Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global NGS Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global NGS Market Size by Region (2018-2023) & (US$ Million)

    Table 9. Global NGS Market Share by Region (2018-2023)

    Table 10. Global NGS Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 11. Global NGS Market Share by Region (2024-2029)

    Table 12. NGS Market Trends

    Table 13. NGS Market Drivers

    Table 14. NGS Market Challenges

    Table 15. NGS Market Restraints

    Table 16. Global NGS Revenue by Players (2018-2023) & (US$ Million)

    Table 17. Global NGS Market Share by Players (2018-2023)

    Table 18. Global Top NGS Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in NGS as of 2022)

    Table 19. Ranking of Global Top NGS Companies by Revenue (US$ Million) in 2022

    Table 20. Global 5 Largest Players Market Share by NGS Revenue (CR5 and HHI) & (2018-2023)

    Table 21. Key Players Headquarters and Area Served

    Table 22. Key Players NGS Product Solution and Service

    Table 23. Date of Enter into NGS Market

    Table 24. Mergers & Acquisitions, Expansion Plans

    Table 25. Global NGS Market Size by Type (2018-2023) & (US$ Million)

    Table 26. Global NGS Revenue Market Share by Type (2018-2023)

    Table 27. Global NGS Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 28. Global NGS Revenue Market Share by Type (2024-2029)

    Table 29. Global NGS Market Size by Application (2018-2023) & (US$ Million)

    Table 30. Global NGS Revenue Market Share by Application (2018-2023)

    Table 31. Global NGS Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 32. Global NGS Revenue Market Share by Application (2024-2029)

    Table 33. North America NGS Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 34. North America NGS Market Size by Country (2018-2023) & (US$ Million)

    Table 35. North America NGS Market Size by Country (2024-2029) & (US$ Million)

    Table 36. Europe NGS Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 37. Europe NGS Market Size by Country (2018-2023) & (US$ Million)

    Table 38. Europe NGS Market Size by Country (2024-2029) & (US$ Million)

    Table 39. Asia-Pacific NGS Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 40. Asia-Pacific NGS Market Size by Region (2018-2023) & (US$ Million)

    Table 41. Asia-Pacific NGS Market Size by Region (2024-2029) & (US$ Million)

    Table 42. Latin America NGS Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 43. Latin America NGS Market Size by Country (2018-2023) & (US$ Million)

    Table 44. Latin America NGS Market Size by Country (2024-2029) & (US$ Million)

    Table 45. Middle East & Africa NGS Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 46. Middle East & Africa NGS Market Size by Country (2018-2023) & (US$ Million)

    Table 47. Middle East & Africa NGS Market Size by Country (2024-2029) & (US$ Million)

    Table 48. Illumina (US) Company Detail

    Table 49. Illumina (US) Business Overview

    Table 50. Illumina (US) NGS Product

    Table 51. Illumina (US) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 52. Illumina (US) Recent Development

    Table 53. Thermo Fisher Scientific (US) Company Detail

    Table 54. Thermo Fisher Scientific (US) Business Overview

    Table 55. Thermo Fisher Scientific (US) NGS Product

    Table 56. Thermo Fisher Scientific (US) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 57. Thermo Fisher Scientific (US) Recent Development

    Table 58. Pacific Biosciences of California (US) Company Detail

    Table 59. Pacific Biosciences of California (US) Business Overview

    Table 60. Pacific Biosciences of California (US) NGS Product

    Table 61. Pacific Biosciences of California (US) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 62. Pacific Biosciences of California (US) Recent Development

    Table 63. BGI (China) Company Detail

    Table 64. BGI (China) Business Overview

    Table 65. BGI (China) NGS Product

    Table 66. BGI (China) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 67. BGI (China) Recent Development

    Table 68. PerkinElmer (US) Company Detail

    Table 69. PerkinElmer (US) Business Overview

    Table 70. PerkinElmer (US) NGS Product

    Table 71. PerkinElmer (US) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 72. PerkinElmer (US) Recent Development

    Table 73. Agilent Technologies (US) Company Detail

    Table 74. Agilent Technologies (US) Business Overview

    Table 75. Agilent Technologies (US) NGS Product

    Table 76. Agilent Technologies (US) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 77. Agilent Technologies (US) Recent Development

    Table 78. QIAGEN(Germany) Company Detail

    Table 79. QIAGEN(Germany) Business Overview

    Table 80. QIAGEN(Germany) NGS Product

    Table 81. QIAGEN(Germany) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 82. QIAGEN(Germany) Recent Development

    Table 83. Macrogen(South Korea) Company Detail

    Table 84. Macrogen(South Korea) Business Overview

    Table 85. Macrogen(South Korea) NGS Product

    Table 86. Macrogen(South Korea) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 87. Macrogen(South Korea) Recent Development

    Table 88. Oxford Nanopore Technologies, Ltd. (UK) Company Detail

    Table 89. Oxford Nanopore Technologies, Ltd. (UK) Business Overview

    Table 90. Oxford Nanopore Technologies, Ltd. (UK) NGS Product

    Table 91. Oxford Nanopore Technologies, Ltd. (UK) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 92. Oxford Nanopore Technologies, Ltd. (UK) Recent Development

    Table 93. Eurofins Scientific (Luxembourg) Company Detail

    Table 94. Eurofins Scientific (Luxembourg) Business Overview

    Table 95. Eurofins Scientific (Luxembourg) NGS Product

    Table 96. Eurofins Scientific (Luxembourg) Revenue in NGS Business (2018-2023) & (US$ Million)

    Table 97. Eurofins Scientific (Luxembourg) Recent Development

    Table 98. Research Programs/Design for This Report

    Table 99. Key Data Information from Secondary Sources

    Table 100. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global NGS Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global NGS Market Share by Type: 2022 VS 2029

    Figure 3. NovaSeq Features

    Figure 4. NextSeq Features

    Figure 5. Sequel Features

    Figure 6. Nanopore Features

    Figure 7. Global NGS Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 8. Global NGS Market Share by Application: 2022 VS 2029

    Figure 9. Academic Institutes & Research Centers Case Studies

    Figure 10. Hospitals & Clinics Case Studies

    Figure 11. Pharmaceutical & Biotechnology Companies Case Studies

    Figure 12. Others Case Studies

    Figure 13. NGS Report Years Considered

    Figure 14. Global NGS Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 15. Global NGS Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 16. Global NGS Market Share by Region: 2022 VS 2029

    Figure 17. Global NGS Market Share by Players in 2022

    Figure 18. Global Top NGS Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in NGS as of 2022)

    Figure 19. The Top 10 and 5 Players Market Share by NGS Revenue in 2022

    Figure 20. North America NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. North America NGS Market Share by Country (2018-2029)

    Figure 22. United States NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Canada NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Europe NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe NGS Market Share by Country (2018-2029)

    Figure 26. Germany NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. France NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. U.K. NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Italy NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Russia NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Nordic Countries NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Asia-Pacific NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific NGS Market Share by Region (2018-2029)

    Figure 34. China NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Japan NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. South Korea NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Southeast Asia NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. India NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Australia NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Latin America NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America NGS Market Share by Country (2018-2029)

    Figure 42. Mexico NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Brazil NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Middle East & Africa NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa NGS Market Share by Country (2018-2029)

    Figure 46. Turkey NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Saudi Arabia NGS Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Illumina (US) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 49. Thermo Fisher Scientific (US) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 50. Pacific Biosciences of California (US) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 51. BGI (China) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 52. PerkinElmer (US) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 53. Agilent Technologies (US) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 54. QIAGEN(Germany) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 55. Macrogen(South Korea) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 56. Oxford Nanopore Technologies, Ltd. (UK) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 57. Eurofins Scientific (Luxembourg) Revenue Growth Rate in NGS Business (2018-2023)

    Figure 58. Bottom-up and Top-down Approaches for This Report

    Figure 59. Data Triangulation

    Figure 60. Key Executives Interviewed