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Sequencing Consumables Market Size
- Report ID: GMI8016
- Published Date: Feb 2024
- Report Format: PDF
Sequencing Consumables Market Size
Sequencing Consumables Market was valued at around USD 7 billion in 2023 and is estimated to register a CAGR of over 22.5% between 2024 and 2032. Sequencing consumables refer to the various materials and reagents used in the process of DNA sequencing. It encompasses a wide range of products and supplies that are essential for conducting sequencing experiments and analyses.
Moreover, NGS represents a paradigm shift in the field of genomics, offering unprecedented speed, accuracy, and scalability compared to traditional sequencing methods. As NGS platforms have become more widely adopted across diverse applications such as research, diagnostics, and clinical genomics, the demand for consumables tailored to these high-throughput sequencing systems has grown considerably. The next generation sequencing (NGS) technologies which is estimated to grow at 19% CAGR during the forecast period, has significantly influenced and shaped the sequencing consumables market.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Sequencing Consumables Market Size in 2023: | USD 7 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 22.5% |
| 2024 – 2032 Value Projection: | USD 39.8 Billion |
| Historical Data for: | 2018 – 2023 |
| No. of Pages: | 230 |
| Tables, Charts & Figures: | 400 |
| Segments covered: | Product Type, Platform, Application, End-use, and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Sequencing Consumables Market Scope
