Sample Preparation Products For Next Generation Sequencing Market 2025-2034: Key Highlights, Growth Dynamics, and Emerging Trends
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theSample Preparation Products For Next Generation Sequencing Market?
The uptick in the need for precision medicine is projected to be a crucial accelerator for the expansion of the market for sample preparation products for next generation sequencing (NGS). Precision medicine, which is also referred to as personalized medicine, is a healthcare approach where patients are given treatments and healthcare plans that are designed according to their unique genetic, environmental and lifestyle conditions. This boom in the need for precision medicine is attributed to the escalating prevalence of chronic ailments like cancer, diabetes and heart disease. NGS sample preparation products are key to the progress of precision medicine because they make the precise and efficient genetic information analysis achievable. This analysis is critical for the creation of targeted treatments and the enhancement of patient results in personalized healthcare. For example, in February 2024, the Personalized Medicine Coalition, a non-profit entity based in the US, revealed that the FDA had given its approval for 16 novel personalized treatments for patients suffering from rare diseases in 2023 as opposed to six in 2022. Therefore, the escalating demand for precision medicine is fuelling the growth of the market for sample preparation products for next generation sequencing.
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#How Does the ProjectedSample Preparation Products For Next Generation Sequencing Market Growth Compare Over the Forecast Period?
The market size for sample preparation products used in next generation sequencing has seen a rapid expansion in the past few years. The market, which stood at $36.87 billion in 2024, is predicted to grow to $42.52 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 15.3%. Various factors have contributed to the growth during the historic timeframe, including the initial advancements in sequencing technologies, investment in genomics and personalized medicine by the sector, a considerable drop in sequencing costs making it more viable for a range of uses, rising interest in exploring genetic elements, and strategic alliances between technology providers.
The market size for sample preparation products for next generation sequencing is anticipated to undergo swift expansion in the approaching years, with expectations of it reaching $74.49 billion in 2029, witnessing a compound annual growth rate (CAGR) of 15.0%. The projected development in this period is due to an increase in demand for superior and in-depth Next Generation Sequencing (NGS) solutions, improvements in data analysis competencies, novel and developing uses in sectors such as oncology, standards, and licenses impacting clinical applications of NGS, along with advancements in sequencing technology. Significant trends in the forecast period consist of automated and high-volume sample preparation systems, protocols for sample preparation to ensure high quality, groundbreaking sequencing technologies, nanopore sequencing, embracing new technology and spurring creativity in sample preparation products.
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What Are the Current Market Growth and Trends in theSample Preparation Products For Next Generation Sequencing Market That Industry Players Should Watch?
Leading organizations in the market for sample preparation products intended for next generation sequencing are investing in inventive developments like next-generation sequencing in order to maintain a competitive stance. Next-generation sequencing (NGS) is an innovative method for determining the succession of deoxyribonucleic acid (DNA) or ribonucleic acid (RNA), paving the way for the examination of genetic discrepancies and the probing of biological occurrences. For instance, in July 2023, German firm QIAGEN N.V., known for supplying sample and assay technologies, rolled out their QIAseq Normalizer Kits. These kits provide researchers with a swift, easy and economically viable option to amalgamate DNA libraries, thereby ensuring superior outcomes in NGS sequences. QIAGEN’s kits are attuned with their QIAseq library prep solutions and other DNA/RNA preparation operations for Illumina platforms.
What Are the Major Market Players Making an Impact on theSample Preparation Products For Next Generation Sequencing Market Growth?
Major companies operating in the sample preparation products for next generation sequencing market are Merck & Co. Inc., Thermo Fisher Scientific Inc., F. Hoffmann-La Roche AG, Eurofins Scientific SE, Agilent Technologies Inc., PerkinElmer Inc., Illumina Inc., Beckman Coulter Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Eppendorf AG, Promega Corporation, Oxford Nanopore Technologies Ltd, Takara Bio Inc, New England Biolabs, Fluidigm Corporation, Pacific Biosciences of California Inc., Analytik Jena AG, SeraCare Life Sciences, Diagenode Inc., Zymo Research Corporation, Nugen Technologies Inc., Swift Biosciences Inc., Tecan Group Ltd.
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How Are the Key Segments of the Sample Preparation Products For Next Generation Sequencing Market Driving Opportunities and Innovations?
The sample preparation products for next generation sequencing market covered in this report is segmented –
1) By Type: Deoxyribonucleic Acid (DNA) Extraction Purification And Isolation Products, Ribonucleic Acid (RNA) Extraction Purification And Isolation Products, Panels Exome Kits And Other Target Enrichment Products, Deoxyribonucleic Acid (DNA) Library Construction Or Preparation Products, Ribonucleic Acid (RNA)-sequencing (Seq) Transcriptome And Gene Expression Products, Small Ribonucleic Acid (RNA) Next Generation Sequencing Sample Preparation Products
2) By Therapeutic Area: Oncology, Infectious Diseases, Human Genetics Or Population Genetics
3) By Application: Biotechnology, Medical, Pharmaceutical, Other Applications
Subsegments:
1) By Deoxyribonucleic Acid (DNA) Extraction Purification and Isolation Products: DNA Extraction Kits, DNA Purification Reagents, Isolation Columns and Magnetic Beads
2) By Ribonucleic Acid (RNA) Extraction Purification and Isolation Products: RNA Extraction Kits, RNA Purification Reagents, Isolation Columns and Magnetic Beads
3) By Panels, Exome Kits, and Other Target Enrichment Products: Exome Enrichment Kits, Targeted Panels for Specific Genes, Custom Enrichment Solutions
4) By Deoxyribonucleic Acid (DNA) Library Construction or Preparation Products: DNA Library Preparation Kits, Fragmentation and End Repair Kits, Adapter Ligation Kits
5) By Ribonucleic Acid (RNA)-Sequencing (Seq) Transcriptome and Gene Expression Products: RNA-Seq Library Preparation Kits, Quantification Reagents for RNA-Seq, Transcriptome Analysis Tools
6) By Small Ribonucleic Acid (RNA) Next Generation Sequencing Sample Preparation Products: Small RNA Library Preparation Kits, miRNA Extraction and Quantification Products, Small RNA Enrichment Kits
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of theSample Preparation Products For Next Generation Sequencing Market?# Market Expansion?
North America was the largest region in the sample preparation products for next generation sequencing (NGS) market in 2024. The regions covered in the sample preparation products for next generation sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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