Dublin, Dec. 05, 2025 (GLOBE NEWSWIRE) — The “Next Generation Sequencing Market Industry Trends and Global Forecasts to 2035: Distribution by Type of Component, Type of NGS Technique, Type of Technology Used, Application Area, Target Therapeutic Area, Purpose, End Users and Geographical Regions” has been added to ResearchAndMarkets.com’s offering.
The next generation sequencing (NGS) market is projected to expand significantly from USD 8.6 billion in 2025 to USD 46.5 billion by 2040, at a robust CAGR of 18.4%.
This growth is driven by advancements in genome sequencing technologies, facilitating comprehensive analysis at a molecular level, crucial for chronic disease research and targeted therapies.
The rising prevalence of chronic diseases in the U.S., with 60% of adults affected, underscores the need for innovative diagnostic methods like NGS. Despite facing hurdles such as high costs and technical complexities, the adoption of these technologies is accelerating through outsourced solutions, offering cost-efficiency and expedited analysis. Leading market players such as Illumina and PacBio are pivotal in providing such services.
Key industry insights reveal that over 45% of NGS service providers are emerging players, with a significant number offering comprehensive genome sequencing and bioinformatics services. The market’s growth trajectory is evident in the increasing clinical trials and patent activities, particularly with more than 3,060 patents filed since 2020.
Market Growth Drivers
The demand for NGS technologies is increasing across various sectors, with significant strides in clinical trials and technology innovations. Collaborative efforts among industry giants and regional investments strengthen the market, especially in North America and Europe, expected to maintain leading market positions into the foreseeable future.
Market Segmentation and Key Insights
- Type of NGS Technique: Primarily dominated by targeted sequencing, capturing 45% of the market, with a significant rise anticipated in whole genome sequencing by 2035.
- Type of Technology: Sequencing by synthesis leads with 82% market share, yet nanopore technology is projected to experience a higher CAGR of 20.5%.
- Applications: Clinical applications account for 57% of the market, driven by oncological and genetic disorder segments due to the growing preference for advanced diagnostic tools.
- End Users and Geography: Predominantly concentrated in North America (51%) with academic institutions being primary stakeholders. However, the hospital sector is poised for rapid growth.
Competitive Landscape and Key Players
- Illumina
- MGI Tech
- Oxford Nanopore Technologies
- Pacific Biosciences
- Thermo Fisher Scientific
Additional Benefits of the Report
- Complimentary PPT and Excel Data Packs
- Content Customization Services
- Free Report Updates
Key Topics Covered:
1. Preface
2. Research Methodology
3. Market Dynamics
4. Macro-Economic Indicators
5. Executive Summary
6. Introduction
7. Next Generation Sequencing Service Providers: Market Landscape
8. Next-Generation Sequencing: Technology Landscape
9. Next Generation Sequencing Technologies / Platforms: Competitive Analysis
10. Company Profiles: Next Generation Sequencing Service Providers
11. Company Profiles: Next Generation Sequencing Technology Providers
12. Patent Analysis
13. Clinical Trials Analysis
14. Big Pharma Analysis
15. Case Study: Next Generation Sequencing Initiatives Sponsored By Government
16. Market Impact Analysis: Drivers, Restraints, Opportunities And Challenges
17. Global Next Generation Sequencing Market
18. Next Generation Sequencing Market: By Type Of Component
19 Next Generation Sequencing Market: By Type Of Ngs Technique
20. Next Generation Sequencing Market: By Type Of Technology Used
21. Next Generation Sequencing Market: By Application Area
22. Next Generation Sequencing Market: By Target Therapeutic Area
23. Next Generation Sequencing Market: By Purpose
24. Next Generation Sequencing Market: By End Users
25. Next Generation Sequencing Market: By Geographical Regions
26. Concluding Remarks
27. Executive Insights
For more information about this report visit https://www.researchandmarkets.com/r/k1202o
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