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North America DNA Sequencing Products Market Report by Product Type (Consumables and Reagents, Equipment), Application (Biomarkers, Diagnostics, Reproductive Health, Forensics, Personalized Medicine, and Others), End-User (Academic and Government Research Institutes, Pharmaceutical and Biotechnology Companies, Hospitals and Clinics, and Others), and Country 2024-2032
Market Report I 2024-03-02 I 125 Pages I IMARC Group
The North America DNA sequencing products market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.3 Billion by 2032, exhibiting a growth rate (CAGR) of 13.4% during 2024-2032. The growing prevalence of various chronic diseases, rising healthcare expenditure, and increasing geriatric population represent some of the key factors driving the market.
Deoxyribonucleic acid (DNA) sequencing refers to the technique for identifying the exact sequence of nucleotides, such as A, T, C, and G, or bases, in a DNA molecule. It comprises various technologies, such as sanger sequencing, capillary electrophoresis and fragment analysis, and next-generation sequencing (NGS). It is performed on mitochondrial (mtDNA) polymerase chain reaction (PCR) products by using fluorescence-based chemistry. It is essential in determining the function of genes and other parts of the human genome. It assists in understanding various diseases and treatments related to it. It is utilized for biomarkers, diagnostics, reproductive health, forensics, and personalized medicines. As it is widely employed in academic and government research institutes, pharmaceutical and biotechnology companies, hospitals, and clinics, the demand for DNA sequencing products is increasing in North America.
North America DNA Sequencing Products Market Trends:
At present, the rising demand for DNA sequencing products due to the increasing investment in new drug discoveries and developments represents one of the primary factors supporting the growth of the market in North America. Besides this, the growing demand for DNA sequencing products due to the growing prevalence of various chronic diseases, such as cancer, arthritis, asthma, diabetes, chronic obstructive pulmonary disease (COPD), and heart attack among individuals, is offering a positive market outlook in the region. Additionally, governing agencies of North America are implementing favorable policies to encourage the adoption of DNA sequencing products. This, coupled with the rising healthcare expenditure by various public and private companies, is propelling the growth of the market. Apart from this, technological advancements in DNA sequencing products and equipment is offering lucrative growth opportunities to industry investors across the region. Moreover, the increasing demand for DNA sequencing products to detect various diseases among individuals, along with the rising geriatric population, is bolstering the growth of the market in North America. In addition, the presence of prominent drug manufacturers and skilled professionals in the healthcare sector is positively influencing the market. Furthermore, key players are introducing third generation sequencing and single-molecule real-time sequencing (SMRT), which is an effective technique provided to use cost-effective chemicals, which is projected to strengthen the growth of the market in North America.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America DNA sequencing products market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on product type, application and end-user.
Product Type Insights:
Consumables and Reagents
Equipment
The report has provided a detailed breakup and analysis of the North America DNA sequencing products market based on the product type. This includes consumables and reagents and equipment. According to the report, consumables and reagents represented the largest segment.
Application Insights:
Biomarkers
Diagnostics
Reproductive Health
Forensics
Personalized Medicine
Others
A detailed breakup and analysis of the North America DNA sequencing products market based on the application has also been provided in the report. This includes biomarkers, diagnostics, reproductive health, forensics, personalized medicine, and others. According to the report, biomarkers accounted for the largest market share.
End-User Insights:
Academic and Government Research Institutes
Pharmaceutical and Biotechnology Companies
Hospitals and Clinics
Others
A detailed breakup and analysis of the North America DNA sequencing products market based on the end-user has also been provided in the report. This includes academic and government research institutes, pharmaceutical and biotechnology companies, hospitals and clinics, and others. According to the report, academic and government research institutes accounted for the largest market share.
Country Insights:
United States
Canada
The report has also provided a comprehensive analysis of all the major country markets, which include the United States and Canada. According to the report, United States was the largest market for North America DNA sequencing products. Some of the factors driving the United States DNA sequencing products market included new drug discoveries, technological advancements, favorable government policies, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the North America DNA sequencing products market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
How has the North America DNA sequencing products market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the North America DNA sequencing products market?
What is the impact of each driver, restraint, and opportunity on the North America DNA sequencing products market?
Which countries represent the most attractive North America DNA sequencing products market?
What is the breakup of the market based on the product type?
Which is the most attractive product type in the North America DNA sequencing products market?
What is the breakup of the market based on the application?
Which is the most attractive application in the North America DNA sequencing products market?
What is the breakup of the market based on the end-user?
Which is the most attractive end-user in the North America DNA sequencing products market?
What is the competitive structure of the North America DNA sequencing products market?
Who are the key players/companies in the North America DNA sequencing products market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global DNA Sequencing Products Market
5.1 Market Performance
5.2 Market Breakup by Product Type
5.3 Market Breakup by Application
5.4 Market Breakup by End-User
5.5 Market Breakup by Region
5.6 Market Forecast
6 North America DNA Sequencing Products Market
6.1 Market Performance
6.2 Impact of COVID-19
6.3 Market Forecast
7 North America DNA Sequencing Products Market: Breakup by Product Type
7.1 Consumables and Reagents
7.2 Equipments
8 North America DNA Sequencing Products Market: Breakup by Application
8.1 Biomarkers
8.2 Diagnostics
8.3 Reproductive Health
8.4 Forensics
8.5 Personalized Medicine
8.6 Others
9 North America DNA Sequencing Products Market: Breakup by End-User
9.1 Academic and Government Research Institutes
9.2 Pharmaceutical and Biotechnology Companies
9.3 Hospitals and Clinics
9.4 Others
10 North America DNA Sequencing Products Market: Breakup by Country
10.1 United States
10.1.1 Historical Market Trends
10.1.2 Market Breakup by Product Type
10.1.3 Market Breakup by Application
10.1.4 Market Breakup by End-User
10.1.5 Market Forecast
10.2 Canada
10.2.1 Historical Market Trends
10.2.2 Market Breakup by Product Type
10.2.3 Market Breakup by Application
10.2.4 Market Breakup by End-User
10.2.5 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
12.1 Overview
12.2 Research and Development
12.3 Raw Material Procurement
12.4 Manufacturing
12.5 Distribution
12.6 End-Use
13 Porter's Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
Figure 1: North America: DNA Sequencing Products Market: Major Drivers and Challenges
Figure 2: Global: DNA Sequencing Products Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: DNA Sequencing Products Market: Breakup by Product Type (in %), 2023
Figure 4: Global: DNA Sequencing Products Market: Breakup by Application (in %), 2023
Figure 5: Global: DNA Sequencing Products Market: Breakup by End-User (in %), 2023
Figure 6: Global: DNA Sequencing Products Market: Breakup by Region (in %), 2023
Figure 7: Global: DNA Sequencing Products Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 8: North America: DNA Sequencing Products Market: Sales Value (in Billion US$), 2018-2023
Figure 9: North America: DNA Sequencing Products Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 10: North America: DNA Sequencing Products Market: Breakup by Product Type (in %), 2023
Figure 11: North America: DNA Sequencing Products (Consumables and Reagents) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: North America: DNA Sequencing Products (Consumables and Reagents) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: North America: DNA Sequencing Products (Equipments) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: North America: DNA Sequencing Products (Equipments) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: North America: DNA Sequencing Products Market: Breakup by Application (in %), 2023
Figure 16: North America: DNA Sequencing Products (Biomarkers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: North America: DNA Sequencing Products (Biomarkers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: North America: DNA Sequencing Products (Diagnostics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: North America: DNA Sequencing Products (Diagnostics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: North America: DNA Sequencing Products (Reproductive Health) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: North America: DNA Sequencing Products (Reproductive Health) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: North America: DNA Sequencing Products (Forensics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: North America: DNA Sequencing Products (Forensics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: North America: DNA Sequencing Products (Personalized Medicine) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: North America: DNA Sequencing Products (Personalized Medicine) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: North America: DNA Sequencing Products (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: North America: DNA Sequencing Products (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: North America: DNA Sequencing Products Market: Breakup by End-User (in %), 2023
Figure 29: North America: DNA Sequencing Products (Academic and Government Research Institutes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: North America: DNA Sequencing Products (Academic and Government Research Institutes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: North America: DNA Sequencing Products (Pharmaceutical and Biotechnology Companies) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: North America: DNA Sequencing Products (Pharmaceutical and Biotechnology Companies) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: North America: DNA Sequencing Products (Hospitals and Clinics) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: North America: DNA Sequencing Products (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: North America: DNA Sequencing Products (Other End-Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: North America: DNA Sequencing Products (Other End-Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: North America: DNA Sequencing Products Market: Breakup by Country (in %), 2023
Figure 38: United States: DNA Sequencing Products Market: Sales Value (in Million US$), 2018-2023
Figure 39: United States: DNA Sequencing Products Market: Breakup by Product Type (in %), 2023
Figure 40: United States: DNA Sequencing Products Market: Breakup by Application (in %), 2023
Figure 41: United States: DNA Sequencing Products Market: Breakup by End-User (in %), 2023
Figure 42: United States: DNA Sequencing Products Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Canada: DNA Sequencing Products Market: Sales Value (in Million US$), 2018-2023
Figure 44: Canada: DNA Sequencing Products Market: Breakup by Product Type (in %), 2023
Figure 45: Canada: DNA Sequencing Products Market: Breakup by Application (in %), 2023
Figure 46: Canada: DNA Sequencing Products Market: Breakup by End-User (in %), 2023
Figure 47: Canada: DNA Sequencing Products Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: North America: DNA Sequencing Products Industry: SWOT Analysis
Figure 49: North America: DNA Sequencing Products Industry: Value Chain Analysis
Figure 50: North America: DNA Sequencing Products Industry: Porter's Five Forces Analysis
Table 1: North America: DNA Sequencing Products Market: Key Industry Highlights, 2023 and 2032
Table 2: North America: DNA Sequencing Products Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 3: North America: DNA Sequencing Products Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: North America: DNA Sequencing Products Market Forecast: Breakup by End-User (in Million US$), 2024-2032
Table 5: North America: DNA Sequencing Products Market Forecast: Breakup by Country (in Million US$), 2024-2032
Table 6: North America: DNA Sequencing Products Market: Competitive Structure
Table 7: North America: DNA Sequencing Products Market: Key Players
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