Sequencing Reagents Market Size, Share & Trends Analysis Report By Technology (NGS, TGS), By Reagent Type, By Application (Oncology, Clinical Investigation), By End Use (Academic & Clinical Research), And Segment Forecasts, 2019 - 2026

Published: Sep, 2019 | Pages: 175 | Publisher: Grand View Research
Industry: Biotechnology | Report Format: Electronic (PDF)

The global sequencing reagents market size is expected to reach USD 12.6 billion by 2026, expanding at a CAGR of 13.7% during the forecast period, according to a new report by Grand View Research, Inc. Emergence of advanced and rapid high-throughput technologies, such as next-generation sequencing (NGS) and third-generation sequencing (TGS), for use in clinical applications provides lucrative growth avenues.

Moreover, a confluence of factors such as advent of targeted therapies in oncology and other clinical fields, development of companion diagnostics and precision medicine, and a significant reduction in the cost of genetic sequencing has increased the installation of NGS platforms throughout the globe. This, in turn, positively influences revenue generation for the market.

A substantial number of companies are using high-throughput technologies for drug discovery, which demands the use of genetic sequencing technologies. In addition, the application of NGS to accelerate early identification of autoimmune disorders is expected to drive the market. Moreover, parallel innovations in biomedical sciences have contributed to the growth of the NGS market.

Players in the industry are focused on in-depth research and development of new and effective reagents to stay ahead in the market. For instance, in October 2018, F. Hoffmann-La Roche AG introduced three NGS AVENIO Tumor Tissue Analysis Kits for detection of mutation in tumors. Similarly, in October 2019, QIAGEN launched an RNA-seq library preparation kit called QIAseq FastSelect RNA Removal Kit, designed for NGS. Companies are also expanding their businesses and setting up new facilities across the globe to gain a stronger foothold. For instance, in January 2019, BGI's subsidiary, MGI, installed 1,000 sequencers in 16 countries and opened an early access program for MGISEQ-T7 sequencer.

Further key findings from the report suggest:

• The NGS technology-based reagents segment accounted for the largest share and is expected to maintain its dominance over the forecast period. This is attributive to the fact that NGS is an extensively used technology for population-scale analyses of single nucleotide and other small variants

• The advent of single-molecule sequencing technologies for the analysis of larger structural variations will drive the TGS segment to exhibit the highest CAGR

• By reagent type, sequencing kits accounted for the largest revenue share in 2018 as they are offered by a significant number of companies. Development of library kits that contain a tracking dye to easily and quickly visualize the progression of library preparation will drive the segment to register the fastest growth

• Based on application, oncology held the lead position in 2018. Constant efforts adopted by market participants to expand the application of sequencers and reagents in cancer detection and diagnosis has propelled this segment

• Implementation of high-throughput technologies for infectious disease surveillance provides high-resolution data to distinguish pathogen strains. Consequently, this increases the adoption rate of sequencing technologies to deliver rapid results and high-quality data related to clinical investigation, resulting in the segment's growth

• Academic research held the dominant share in 2018 by way of end use. Wide application of sequencing methodologies in bioinformatics courses, Ph.D. programs, and workshops has driven this segment. Clinical research is expected to register the fastest growth rate owing to availability of clinical research solutions by key entities for detection and screening of disease-related variants

• North America dominated the global market in terms of revenue generation due to the presence of prominent players and funding programs. Asia Pacific is poised to witness the fastest growth owing to constant developments adopted by regional players for technological integration of high-throughput methodologies

• Key vendors are adopting strategic growth initiatives such as mutually beneficial partnerships, collaborative models, product developments, and regional expansion to reinforce their market presence.

 Table of Contents

Chapter 1 Research Methodology & Scope
                   1.1 Information Procurement
                       1.1.1 Purchased database:
                       1.1.2 GVR's internal database
                       1.1.3 Secondary sources:
                       1.1.4 Third Party Perspective:
                       1.1.5 Primary Research:
                   1.2 Information or Data Analysis
                   1.3 Market Formulation & Validation
                   1.4 Region Wise Market Calculation
                       1.4.1 Region wise market: Base estimates
                       1.4.2 Global market: CAGR calculation
                       1.4.3 Region based segment share calculation
Chapter 2 Executive Summary
                   2.1 Sequencing Reagents Market: Segment Outlook
                   2.2 Sequencing Reagents Market Competitive Insights
Chapter 3 Market Variables, Trends & Scope
                   3.1 Industry Pyramid Analysis
                   3.2 Penetration & Growth Prospect Mapping for Application, 2018
                   3.3 Sequencing Reagents: Regulatory and Political Environment
                   3.4 Sequencing Reagents Market - Market Dynamics
                       3.4.1 Market driver analysis
                           3.4.1.1 Decreasing costs for genetic sequencing
                           3.4.1.2 Increasing demand for third generation sequencing
                           3.4.1.3 Presence of substantial number of funding programs
                           3.4.1.4 Rise in competition amongst prominent market entities
                       3.4.2 Market restraint analysis
                           3.4.2.1 Ethical and social issues associated with sequencing
                           3.4.2.2 Limited reimbursement policy and regulation for NGS
                       3.4.3 Market challenge analysis
                           3.4.3.1 Challenges pertaining to sequencing
                   3.5 Sequencing Reagents - SWOT Analysis, By Factor (Political & Legal, Economic And Technological)
                   3.6 Industry Analysis - Porter's
                   3.7 Major Deals & Strategic Alliances Analysis
                       3.7.1 Agreement
                       3.7.2 Technology collaborations
                       3.7.3 Merger & acquisition
                       3.7.4 Licensing & partnership
Chapter 4 Sequencing Reagents Market Categorization: Technology Estimates & Trend Analysis
                   4.1 Sequencing Reagents Market : Technology Movement Analysis
                   4.2 Sanger Sequencing
                       4.2.1 Sequencing reagents market for Sanger sequencing, 2015 - 2026 (USD Million)
                   4.3 Next Generation Sequencing
                       4.3.1 Global sequencing reagents market for next generation sequencing, 2015 - 2026 (USD Million)
                   4.4 Third Generation Sequencing
                       4.4.1 Sequencing reagents market for third generation sequencing, 2015 - 2026 (USD Million)
Chapter 5 Sequencing Reagents Market Categorization: Reagent Type Estimates & Trend Analysis
                   5.1 Sequencing Reagents Market : Reagent Type Movement Analysis
                   5.2 Library Kits
                       5.2.1 Global library kits market, 2015 - 2026 (USD Million)
                   5.3 Template Kits
                       5.3.1 Global template kits market, 2015 - 2026 (USD Million)
                   5.4 Sequencing Kits
                       5.4.1 Global sequencing kits market, 2015 - 2026 (USD Million)
                   5.5 Control Kits
                       5.5.1 Global control kits market, 2015 - 2026 (USD Million)
                   5.6 Others
                       5.6.1 Global other kits market, 2015 - 2026 (USD Million)
Chapter 6 Sequencing Reagents Market Categorization: Application Estimates & Trend Analysis
                   6.1 Sequencing reagents market : Application Movement Analysis
                   6.2 Oncology
                       6.2.1 Global sequencing reagents market for oncology, 2015 - 2026 (USD Million)
                   6.3 Reproductive Health
                       6.3.1 Global sequencing reagents market for reproductive health , 2015 - 2026 (USD Million)
                   6.4 Clinical Investigation
                       6.4.1 Global sequencing reagents market for clinical investigation, 2015 - 2026 (USD Million)
                   6.5 Agrigenomics & Forensics
                       6.5.1 Global sequencing reagents market for agrigenomics & forensics, 2015 - 2026 (USD Million)
                   6.6 Other Applications
                       6.6.1 Global sequencing reagents market for other applications, 2015 - 2026 (USD Million)
Chapter 7 Sequencing Reagents Market Categorization: End-use Estimates & Trend Analysis
                   7.1 Sequencing Reagents Market : End-use Movement Analysis
                   7.2 Academic Research
                       7.2.1 Global academic research market, 2015 - 2026 (USD Million)
                   7.3 Clinical Research
                       7.3.1 Global clinical research market, 2015 - 2026 (USD Million)
                   7.4 Hospitals & Clinics
                       7.4.1 Global hospitals & clinics market2015 - 2026 (USD Million)
                   7.5 Pharmaceutical & Biotechnology Companies
                       7.5.1 Global pharmaceutical & biotechnology companies market, 2015 - 2026 (USD Million)
                   7.6 Other Users
                       7.6.1 Global other users market, 2015 - 2026 (USD Million)
Chapter 8 Sequencing Reagents Market Regional Estimates & Trend Analysis, by Technology, Reagent Type, Application, & End-use
                   8.1 Sequencing Reagents Market Share By Region, 2018 & 2026
                   8.2 North America
                       8.2.1 North America sequencing reagents market , 2015 - 2026 (USD Million)
                       8.2.2 U.S.
                           8.2.2.1 U.S. sequencing reagents market , 2015 - 2026 (USD Million)
                       8.2.3 Canada
                           8.2.3.1 Canada sequencing reagents market , 2015 - 2026 (USD Million)
                   8.3 Europe
                       8.3.1 Europe sequencing reagents market , 2015 - 2026 (USD Million)
                       8.3.2 Germany
                           8.3.2.1 Germany sequencing reagents market , 2015 - 2026 (USD Million)
                       8.3.3 U.K.
                           8.3.3.1 U.K. sequencing reagents market , 2015 - 2026 (USD Million)
                   8.4 Asia Pacific
                       8.4.1 Asia Pacific sequencing reagents market , 2015 - 2026 (USD Million)
                       8.4.2 Japan
                           8.4.2.1 Japan sequencing reagents market , 2015 - 2026 (USD Million)
                       8.4.3 China
                           8.4.3.1 China sequencing reagents market , 2015 - 2026 (USD Million)
                   8.5 Latin America
                       8.5.1 Latin America sequencing reagents market , 2015 - 2026 (USD Million)
                       8.5.2 Brazil
                           8.5.2.1 Brazil sequencing reagents market , 2015 - 2026 (USD Million)
                   8.6 Middle East & Africa
                       8.6.1 Middle East & Africa sequencing reagents market , 2015 - 2026 (USD Million)
                       8.6.2 South Africa
                           8.6.2.1 South Africa sequencing reagents market , 2015 - 2026 (USD Million)
Chapter 9 Sequencing Reagents : Competitive Landscape
                   9.1 Company Categorization
                   9.2 Recent Developments & Impact Analysis, by Key Market Participants
                   9.3 Public Companies
                       9.3.1 Company market position analysis
                   9.4 Private Companies
                       9.4.1 List of key emerging companies
                   9.5 Strategy Framework
                   9.6 Company Profiles
                       9.6.1 Illumina, Inc.
                           9.6.1.1 Company overview
                           9.6.1.2 Financial performance
                           9.6.1.3 Product benchmarking
                           9.6.1.4 Strategic initiatives
                       9.6.2 F. Hoffmann-La Roche Ltd.
                           9.6.2.1 Company overview
                           9.6.2.2 Financial performance
                           9.6.2.3 Product benchmarking
                           9.6.2.4 Strategic initiatives
                       9.6.3 Agilent Technologies, Inc.
                           9.6.3.1 Company overview
                           9.6.3.2 Financial performance
                           9.6.3.3 Product benchmarking
                           9.6.3.4 Strategic initiatives
                       9.6.4 Oxford Nanopore Technologies
                           9.6.4.1 Company overview
                           9.6.4.2 Financial performance
                           9.6.4.3 Product benchmarking
                           9.6.4.4 Strategic initiatives
                       9.6.5 Thermo Fisher Scientific, Inc.
                           9.6.5.1 Company overview
                               9.6.5.1.1 Life Technologies Corp.
                           9.6.5.2 Financial performance
                           9.6.5.3 Product benchmarking
                           9.6.5.4 Strategic initiatives
                       9.6.6 QIAGEN
                           9.6.6.1 Company overview
                           9.6.6.2 Financial performance
                           9.6.6.3 Product benchmarking
                           9.6.6.4 Strategic initiatives
                       9.6.7 BGI
                           9.6.7.1 Company overview
                               9.6.7.1.1 Complete Genomics Incorporated
                           9.6.7.2 Financial performance
                           9.6.7.3 Product benchmarking
                           9.6.7.4 Strategic initiatives
                       9.6.8 Pacific Biosciences of California, Inc.
                           9.6.8.1 Company overview
                           9.6.8.2 Financial performance
                           9.6.8.3 Product benchmarking
                           9.6.8.4 Strategic initiatives
                       9.6.9 Fluidigm Corporation
                           9.6.9.1 Company overview
                           9.6.9.2 Financial performance
                           9.6.9.3 Product benchmarking
                           9.6.9.4 Strategic initiatives
                       9.6.10 ArcherDX, Inc.
                           9.6.10.1 Company overview
                           9.6.10.2 Financial performance
                           9.6.10.3 Product benchmarking
                           9.6.10.4 Strategic initiatives
                       9.6.11 Takara Bio Inc.
                           9.6.11.1 Company overview
                           9.6.11.2 Financial performance
                           9.6.11.3 Product benchmarking
                           9.6.11.4 Strategic initiatives
                       9.6.12 Bioline
                           9.6.12.1 Company overview
                           9.6.12.2 Financial performance
                           9.6.12.3 Product benchmarking
                           9.6.12.4 Strategic initiatives

List of Tables

TABLE 1 List of secondary sources
TABLE 2 Country share estimation
TABLE 3 North America sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 4 North America sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 5 North America sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 6 North America sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 7 U.S. sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 8 U.S. sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 9 U.S. sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 10 U.S. sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 11 Canada sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 12 Canada sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 13 Canada sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 14 Canada sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 15 Europe sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 16 Europe sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 17 Europe sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 18 Europe sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 19 Germany sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 20 Germany sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 21 Germany sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 22 Germany sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 23 U.K. sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 24 U.K. sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 25 U.K. sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 26 U.K. sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 27 Asia Pacific sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 28 Asia Pacific sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 29 Asia Pacific sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 30 Asia Pacific sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 31 Japan sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 32 Japan sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 33 Japan sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 34 Japan sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 35 China sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 36 China sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 37 China sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 38 China sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 39 Latin America sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 40 Latin America sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 41 Latin America sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 42 Latin America sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 43 Brazil sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 44 Brazil sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 45 Brazil sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 46 Brazil sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 47 Middle East & Africa sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 48 Middle East & Africa sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 49 Middle East & Africa sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 50 Middle East & Africa sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 51 South Africa sequencing reagents market estimates & forecasts, by technology, 2015 - 2026 (USD Million)
TABLE 52 South Africa sequencing reagents market estimates & forecasts, by reagent type, 2015 - 2026 (USD Million)
TABLE 53 South Africa sequencing reagents market estimates & forecasts, by application, 2015 - 2026 (USD Million)
TABLE 54 South Africa sequencing reagents market estimates & forecasts, by end-use, 2015 - 2026 (USD Million)
TABLE 55 List of key emerging companies

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modelling for market share assessment
FIG. 7 Market segmentation & scope
FIG. 8 Market summary
FIG. 9 Industry pyramid analysis
FIG. 10 Penetration & growth prospect mapping for application, 2018
FIG. 11 Market trends & outlook
FIG. 12 Market driver relevance analysis (Current & future impact)
FIG. 13 Cost per raw megabase (Mb) of DNA sequence (USD)
FIG. 14 Cost per genome
FIG. 15 Market restraint relevance analysis (Current & future impact)
FIG. 16 Percentage of NGS sequencing reimbursement from payers
FIG. 17 SWOT Analysis, By Factor (political & legal, economic and technological)
FIG. 18 Porter's Five Forces Analysis
FIG. 19 Sequencing reagents market : Technology outlook key takeaways
FIG. 20 Sequencing reagents market : Technology movement analysis
FIG. 21 Sequencing reagents market for Sanger sequencing, 2015 - 2026 (USD Million)
FIG. 22 Sequencing reagents market for next generation sequencing, 2015 - 2026 (USD Million)
FIG. 23 Sequencing reagents market for third generation sequencing, 2015 - 2026 (USD Million)
FIG. 24 Sequencing reagents market : Reagent type outlook key takeaways
FIG. 25 Sequencing reagents market : Reagent type movement analysis
FIG. 26 Global library kits market, 2015 - 2026 (USD Million)
FIG. 27 Global template kits market, 2015 - 2026 (USD Million)
FIG. 28 Global sequencing kits market, 2015 - 2026 (USD Million)
FIG. 29 Global control kits market, 2015 - 2026 (USD Million)
FIG. 30 Global other kits market, 2015 - 2026 (USD Million)
FIG. 31 Sequencing reagents market : Application outlook key takeaways
FIG. 32 Sequencing reagents market : Application movement analysis
FIG. 33 Global sequencing reagents market for oncology, 2015 - 2026 (USD Million)
FIG. 34 Global sequencing reagents market for reproductive health, 2015 - 2026 (USD Million)
FIG. 35 Global sequencing reagents market for clinical investigation, 2015 - 2026 (USD Million)
FIG. 36 Global sequencing reagents market for agrigenomics & forensics, 2015 - 2026 (USD Million)
FIG. 37 Global sequencing reagents market for other applications, 2015 - 2026 (USD Million)
FIG. 38 Sequencing reagents market End-use outlook key takeaways
FIG. 39 Sequencing reagents market : End-use movement analysis
FIG. 40 Global academic research market, 2015 - 2026 (USD Million)
FIG. 41 Global clinical research market, 2015 - 2026 (USD Million)
FIG. 42 Global hospitals & clinics market, 2015 - 2026 (USD Million)
FIG. 43 Global pharmaceutical & biotechnology companies market, 2015 - 2026 (USD Million)
FIG. 44 Global other users market, 2015 - 2026 (USD Million)
FIG. 45 Regional market place: Key takeaway
FIG. 46 Sequencing reagents regional outlook, 2018 & 2026
FIG. 47 North America sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 48 U.S. sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 49 Canada sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 50 Europe sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 51 Germany sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 52 U.K. sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 53 Asia Pacific sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 54 Japan sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 55 China sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 56 Latin America. sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 57 Brazil sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 58 Middle East & Africa. sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 59 South Africa sequencing reagents market, 2015 - 2026 (USD Million)
FIG. 60 Sequencing reagents market: Company categorization
FIG. 61 Impact analysis by key companies
FIG. 62 Strategy framework