Global Whole Genome Sequencing Market Size study & Forecast, by Product, by Type, by Workflow, by Application, by End-Use, and Regional Analysis, 2023-2030

Description

List of Tables

Global Whole Genome Sequencing Market is valued approximately at USD 1,642 million in 2022 and is anticipated to grow with a healthy growth rate of more than 20.6% over the forecast period 2023-2030. Whole Genome Sequencing (WGS) is a method that involves determining the entire DNA sequence of an organism's genome, encompassing chromosomal DNA, mitochondrial DNA, and chloroplast DNA in plants. Genomic data obtained through WGS aids in the identification of genetic disorders, monitoring disease outbreaks, and understanding variations that influence the progression of cancer. Additionally, WGS can be employed to detect diseases in newborns and children, study uncommon tumor types, analyze familial disease patterns, and facilitate drug trials, among other applications. The driving factors that are boosting the market growth are growing prevalence of genetic disorders, rise in funding received by government organizations and the increasing demand to identify treatable genetic disorders.

According to the Centers for Disease Control and Prevention Statistics, approximately 1 in every 707 newborn children in U.S. is affected by Down syndrome, resulting in an estimated total of 5,568 children with the condition. The funding received by the government is also a major driving factor. In March 2022, the U.K. Government initiated the COVID-19 Genomics U.K. Consortium, an alliance aimed at sequencing the genomes of the SARS-CoV-2 virus, comprising the NHS, Wellcome Sanger Institute, Public Health Agencies, and academic institutions. With an investment of around USD 22 million (EUR 20 million), the consortium is focused on mapping the virus's genetic information. Moreover, the development of low-cost method for whole genome sequencing and the increasing demand for Biomarker Discovery that could show a disease conditions may create lucrative opportunities for the market. However, the high cost of sequencing procedures stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Whole Genome Sequencing Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the well-developed research and development infrastructure and growing government funding which is influencing the rising whole genome sequencing research activity in the region. The presence of prominent industry players such as Illumina, Inc., known for their robust research and development capabilities and manufacturing facilities in the region is also anticipated to drive the regional market growth. However, Asia Pacific is expected to become the fastest growing during the forecast period, owing to factors such as increasing R&D investment and government initiatives supporting private companies engaged in whole genome sequencing. For instance, in February 2022, the Government of India authorized five laboratories to conduct whole genome sequencing specifically for detecting the SARS-CoV-2 virus.

Major market player included in this report are:

Pacific Bioscience of California, Inc.
Oxford Nanopore Technologies
Thermo Fisher Scientific, Inc.
Agilent Technologies
Siemens AG
Eurofins Genomics
F. Hoffman-La Roche Ltd
Abbott Laboratories
Merck KGaA
Eurofins Scientific Societe Europeenne

Recent Developments in the Market:

In January 2023, PacBio collaborated with the University of Tokyo, Graduate School of Medicine to study rare diseases in the Japanese population using long-read sequencing and novel bioinformatics methods.
In September 2022, Eurofins partnered with Ginkgo Bioworks to expand their COVID-19 response by implementing wastewater testing for a traveler-focused SARS-CoV-2 genomic surveillance program at U.S. airports.

Global Whole Genome Sequencing Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Type, Workflow, Application, End-Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Instruments
Consumables
Services

By Type:

Large Whole Genome Sequencing
Small Whole Genome Sequencing

By Workflow:

Pre-Sequencing
Sequencing
Data Analysis

By Application:

Human Whole Genome Sequencing
Plant Whole Genome Sequencing
Animal Whole Genome Sequencing
Microbial Whole Genome Sequencing

By End-Use:

Academic & Research Institutes
Hospitals & Clinics
Pharmaceutical & Biotechnology Companies
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Whole Genome Sequencing Market, by region, 2020-2030 (USD Million)
- 1.2.2. Whole Genome Sequencing Market, by Product, 2020-2030 (USD Million)
- 1.2.3. Whole Genome Sequencing Market, by Type, 2020-2030 (USD Million)
- 1.2.4. Whole Genome Sequencing Market, by Workflow, 2020-2030 (USD Million)
- 1.2.5. Whole Genome Sequencing Market, by Application, 2020-2030 (USD Million)
- 1.2.6. Whole Genome Sequencing Market, by End-Use, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Whole Genome Sequencing Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Whole Genome Sequencing Market Dynamics

3.1. Whole Genome Sequencing Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Growing prevalence of genetic disorders
  - 3.1.1.2. Rise in funding received by government organizations
  - 3.1.1.3. Increasing demand to identify treatable genetic disorders
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of sequencing procedures
- 3.1.3. Market Opportunities
  - 3.1.3.1. Development of low-cost method for whole genome sequencing
  - 3.1.3.2. Increasing Demand for Biomarker Discovery

Chapter 4. Global Whole Genome Sequencing Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Whole Genome Sequencing Market, by Product

5.1. Market Snapshot
5.2. Global Whole Genome Sequencing Market by Product, Performance - Potential Analysis
5.3. Global Whole Genome Sequencing Market Estimates & Forecasts by Product 2020-2030 (USD Million)
5.4. Whole Genome Sequencing Market, Sub Segment Analysis
- 5.4.1. Instruments
- 5.4.2. Consumables
- 5.4.3. Services

Chapter 6. Global Whole Genome Sequencing Market, by Type

6.1. Market Snapshot
6.2. Global Whole Genome Sequencing Market by Type, Performance - Potential Analysis
6.3. Global Whole Genome Sequencing Market Estimates & Forecasts by Type 2020-2030 (USD Million)
6.4. Whole Genome Sequencing Market, Sub Segment Analysis
- 6.4.1. Large Whole Genome Sequencing
- 6.4.2. Small Whole Genome Sequencing

Chapter 7. Global Whole Genome Sequencing Market, by Workflow

7.1. Market Snapshot
7.2. Global Whole Genome Sequencing Market by Workflow, Performance - Potential Analysis
7.3. Global Whole Genome Sequencing Market Estimates & Forecasts by Workflow 2020-2030 (USD Million)
7.4. Whole Genome Sequencing Market, Sub Segment Analysis
- 7.4.1. Pre-Sequencing
- 7.4.2. Sequencing
- 7.4.3. Data Analysis

Chapter 8. Global Whole Genome Sequencing Market, by Application

8.1. Market Snapshot
8.2. Global Whole Genome Sequencing Market by Application, Performance - Potential Analysis
8.3. Global Whole Genome Sequencing Market Estimates & Forecasts by Application 2020-2030 (USD Million)
8.4. Whole Genome Sequencing Market, Sub Segment Analysis
- 8.4.1. Human Whole Genome Sequencing
- 8.4.2. Plant Whole Genome Sequencing
- 8.4.3. Animal Whole Genome Sequencing
- 8.4.4. Microbial Whole Genome Sequencing

Chapter 9. Global Whole Genome Sequencing Market, by End-Use

9.1. Market Snapshot
9.2. Global Whole Genome Sequencing Market by End-Use, Performance - Potential Analysis
9.3. Global Whole Genome Sequencing Market Estimates & Forecasts by End-Use 2020-2030 (USD Million)
9.4. Whole Genome Sequencing Market, Sub Segment Analysis
- 9.4.1. Academic & Research Institutes
- 9.4.2. Hospitals & Clinics
- 9.4.3. Pharmaceutical & Biotechnology Companies
- 9.4.4. Others

Chapter 10. Global Whole Genome Sequencing Market, Regional Analysis

10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Whole Genome Sequencing Market, Regional Market Snapshot
10.4. North America Whole Genome Sequencing Market
- 10.4.1. U.S. Whole Genome Sequencing Market
  - 10.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 10.4.1.2. Type breakdown estimates & forecasts, 2020-2030
  - 10.4.1.3. Workflow breakdown estimates & forecasts, 2020-2030
  - 10.4.1.4. Application breakdown estimates & forecasts, 2020-2030
  - 10.4.1.5. End-Use breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Whole Genome Sequencing Market
10.5. Europe Whole Genome Sequencing Market Snapshot
- 10.5.1. U.K. Whole Genome Sequencing Market
- 10.5.2. Germany Whole Genome Sequencing Market
- 10.5.3. France Whole Genome Sequencing Market
- 10.5.4. Spain Whole Genome Sequencing Market
- 10.5.5. Italy Whole Genome Sequencing Market
- 10.5.6. Rest of Europe Whole Genome Sequencing Market
10.6. Asia-Pacific Whole Genome Sequencing Market Snapshot
- 10.6.1. China Whole Genome Sequencing Market
- 10.6.2. India Whole Genome Sequencing Market
- 10.6.3. Japan Whole Genome Sequencing Market
- 10.6.4. Australia Whole Genome Sequencing Market
- 10.6.5. South Korea Whole Genome Sequencing Market
- 10.6.6. Rest of Asia Pacific Whole Genome Sequencing Market
10.7. Latin America Whole Genome Sequencing Market Snapshot
- 10.7.1. Brazil Whole Genome Sequencing Market
- 10.7.2. Mexico Whole Genome Sequencing Market
10.8. Middle East & Africa Whole Genome Sequencing Market
- 10.8.1. Saudi Arabia Whole Genome Sequencing Market
- 10.8.2. South Africa Whole Genome Sequencing Market
- 10.8.3. Rest of Middle East & Africa Whole Genome Sequencing Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Pacific Biosciences of California, Inc.
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Recent Developments
- 11.3.2. Oxford Nanopore Technologies
- 11.3.3. Thermo Fisher Scientific, Inc.
- 11.3.4. Agilent Technologies
- 11.3.5. Siemens AG
- 11.3.6. Eurofins Genomics
- 11.3.7. F. Hoffman-La Roche Ltd
- 11.3.8. Abbott Laboratories
- 11.3.9. Merck KGaA
- 11.3.10. Eurofins Scientific Societe Europeenne

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Whole Genome Sequencing Market, report scope
TABLE 2. Global Whole Genome Sequencing Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Whole Genome Sequencing Market estimates & forecasts by Product 2020-2030 (USD Million)
TABLE 4. Global Whole Genome Sequencing Market estimates & forecasts by Type 2020-2030 (USD Million)
TABLE 5. Global Whole Genome Sequencing Market estimates & forecasts by Workflow 2020-2030 (USD Million)
TABLE 6. Global Whole Genome Sequencing Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 7. Global Whole Genome Sequencing Market estimates & forecasts by End-Use 2020-2030 (USD Million)
TABLE 8. Global Whole Genome Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Whole Genome Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Whole Genome Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Whole Genome Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Whole Genome Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Whole Genome Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Whole Genome Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Whole Genome Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. Global Whole Genome Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. Global Whole Genome Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 18. U.S. Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. U.S. Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. U.S. Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. Canada Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. Canada Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. UK Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. UK Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. Germany Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. Germany Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. France Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. France Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Italy Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Italy Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. Spain Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. Spain Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. RoE Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. RoE Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. China Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. China Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. India Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. India Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. Japan Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. Japan Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. South Korea Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. South Korea Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. Australia Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. Australia Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. RoAPAC Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. RoAPAC Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Brazil Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Brazil Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. Mexico Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. Mexico Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. RoLA Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoLA Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. Saudi Arabia Whole Genome Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 70. South Africa Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 71. RoMEA Whole Genome Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 72. List of secondary sources, used in the study of global Whole Genome Sequencing Market
TABLE 73. List of primary sources, used in the study of global Whole Genome Sequencing Market
TABLE 74. Years considered for the study
TABLE 75. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Whole Genome Sequencing Market, research methodology
FIG 2. Global Whole Genome Sequencing Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Whole Genome Sequencing Market, key trends 2022
FIG 5. Global Whole Genome Sequencing Market, growth prospects 2023-2030
FIG 6. Global Whole Genome Sequencing Market, porters 5 force model
FIG 7. Global Whole Genome Sequencing Market, pest analysis
FIG 8. Global Whole Genome Sequencing Market, value chain analysis
FIG 9. Global Whole Genome Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Whole Genome Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Whole Genome Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Whole Genome Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Whole Genome Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Whole Genome Sequencing Market, regional snapshot 2020 & 2030
FIG 15. North America Whole Genome Sequencing Market 2020 & 2030 (USD Million)
FIG 16. Europe Whole Genome Sequencing Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Whole Genome Sequencing Market 2020 & 2030 (USD Million)
FIG 18. Latin America Whole Genome Sequencing Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Whole Genome Sequencing Market 2020 & 2030 (USD Million)