How Big is the Sequencing Market | Insights, Forecast & Growth Analysis 2025

Code: MTA8871 Publication Date: Sep 2025

How Big is the Sequencing Market?

According to 6Wresearch internal database and industry insights, the Global Sequencing Market was valued at USD 10.4 Billion in 2024 and is expected to reach USD 18.1 Billion by 2031, growing at a compound annual growth rate of 6.10% during the forecast period (2025-2031).

The expansion of the market is driven by rising adoption of next-generation sequencing in clinical diagnostics, increasing demand for personalized medicine, and growing applications in agriculture, biotechnology, and pharmaceutical research.

Key Growth Drivers of the Sequencing Market

  • The rising demand for next-generation sequencing in healthcare and diagnostics
  • The growing applications in oncology, genetic disorders, and infectious disease research
  • The increasing use of sequencing in agriculture and food safety testing
  • The advancements in bioinformatics and data analytics for genome studies
  • The expansion of precision medicine initiatives and drug discovery programs

Sequencing Market Trends

Sequencing Market is witnessing major growth with notable trends such as increasing adoption of whole-genome sequencing for medical diagnostics and research. Oncology need for targeted sequencing is expanding quickly.  In order to improve data interpretation, this market is also seeing the integration of AI-driven bioinformatics platforms with sequencing technologies.  Furthermore, in clinical and field-based applications, portable and reasonably priced sequencing devices are becoming more and more popular.  Collaborations between technology providers and research institutes are also speeding up innovation and expanding adoption across a variety of industries.

Emerging Developments in the Sequencing Market

Sequencing Market is accelerating with continuous advancements in long-read sequencing, single-cell sequencing, and nanopore technologies. The market has observed a rise in research and development to enhance the precision, speed, and cost-effectiveness of sequencing procedures. Additionally, collaborations between pharmaceutical firms and suppliers of sequencing technology are propelling the use of these technologies in clinical trials and drug development. The market reach is being extended by the growing application of sequencing in agricultural genomics and microbiome research. Additionally, the technology is becoming more widely available due to cloud-based data analysis platforms and automation in sequencing workflows.

List of Leading Companies in the Sequencing Market

Some of the leading companies include:

  • Illumina, Inc.
  • Thermo Fisher Scientific Inc.
  • Pacific Biosciences of California, Inc.
  • Oxford Nanopore Technologies Ltd.
  • QIAGEN N.V.
  • Agilent Technologies, Inc.
  • F. Hoffmann-La Roche Ltd.
  • Bio-Rad Laboratories, Inc.
  • BGI Genomics Co., Ltd.
  • PerkinElmer, Inc.

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