Population Sequencing Market size was valued at USD 6.45 Billion in 2024 and is projected to reach USD 17.32 Billion by 2033, exhibiting a CAGR of 12.2% from 2026 to 2033.
The global population sequencing market was valued at approximately USD 3.2 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 17.4% from 2023 to 2030. The increasing adoption of next generation sequencing (NGS) technology and the rising prevalence of genetic disorders are the key drivers of market growth. Additionally, advancements in personalized medicine and the need for large scale genomic data analysis in public health are expected to further fuel the market’s expansion. The growing focus on genomics research, especially in the fields of oncology, neurology, and rare genetic diseases, is anticipated to contribute significantly to the market’s size during the forecast period.
Regionally, North America dominated the population sequencing market in 2022, accounting for around 40% of the global market share, driven by robust government initiatives, high investments in healthcare, and advancements in sequencing technology. Europe is the second largest market, with a significant share, owing to strong research infrastructure and funding for genomic studies. The Asia Pacific region is expected to witness the highest CAGR of 19.2% during the forecast period, driven by increasing government support for genomic research, improving healthcare infrastructure, and rising demand for personalized medicine in countries like China and India. Latin America and the Middle East & Africa are also anticipated to experience moderate growth due to the ongoing development of healthcare systems and awareness about genetic testing in these regions.
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Thermo Fisher Scientific
Illumina Inc.
Pacific Biosciences of California
Inc.
Qiagen N.V.
Oxford Nanopore Technologies
Inc.
Agilent Technologies
Inc.
Genuity Science
F. Hoffmann La-Roche Ltd.
Nebula Genomics
Inc.
Helix Opco
LLC
Beijing Genomics Institute
10x Genomics
Genewiz
Macrogen
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Population Sequencing Market
Next-Generation Sequencing (NGS)
Microarray
Sanger Sequencing
Third-Generation Sequencing
Oncology
Infectious Disease
Genetics and Rare Diseases
Pharmacogenomics
Agrigenomics
Academic and Research Institutions
Diagnostics Laboratories
Pharmaceutical and Biotechnology Companies
Contract Research Organizations (CROs)
Blood Samples
Tissue Samples
Saliva Samples
Cell Cultures
Pre-Sequencing
Sequencing
Post-Sequencing Analysis
Data Interpretation
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Population Sequencing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Population Sequencing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Population Sequencing Market, By Type
6. Global Population Sequencing Market, By Application
7. Global Population Sequencing Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Population Sequencing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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