Towards Healthcare
North America Next Generation Sequencing Market Expands 21.93% CAGR by 2034

North America Next Generation Sequencing Market Trends, Share and Growth Analysis

Market insights predict, the north america next generation sequencing industry is expected to grow from USD 5.08 billion in 2024 to USD 36.87 billion by 2034, driven by a CAGR of 21.93%. North America is growing due to technological advancements and investments in the biotechnology industry.

Content

Introduction to the North America Next Generation Sequencing Market

  • Market Overview and Definition

  • Historical Market Evolution

  • Key Market Drivers and Challenges

  • Technological Advancements in NGS

  • Regulatory Landscape and Compliance

  • Market Trends and Opportunities

Market Segmentation

North America Next Generation Sequencing Market By Technology

  • Targeted Sequencing & Resequencing

    • DNA-based Sequencing

    • RNA-based Sequencing

  • Whole Genome Sequencing (WGS)

  • Whole Exome Sequencing

  • Other Emerging Technologies

North America Next Generation Sequencing Market By Product

  • Consumables

    • Sample Preparation Kits

    • Target Enrichment Kits

    • Other Consumables

  • Platforms

    • Sequencing Instruments and Devices

    • Data Analysis Platforms and Software

North America Next Generation Sequencing Market By Application

  • Oncology

    • Oncology Screening

      • Sporadic Cancer

      • Inherited Cancer

    • Companion Diagnostics

    • Other Diagnostic Applications

  • Diagnostics and Screening

  • Research Studies

  • Consumer Genomics

  • Clinical Investigation

  • Infectious Diseases

  • Inherited Diseases

  • Idiopathic Diseases

  • Non-Communicable and Other Diseases

  • Reproductive Health

    • Non-Invasive Prenatal Testing (NIPT)

    • Aneuploidy Detection

    • Microdeletions

    • Preimplantation Genetic Testing (PGT)

    • Newborn Genetic Screening

  • Single Gene Analysis

  • HLA Typing and Immune System Monitoring

  • Metagenomics, Epidemiology, and Drug Development

  • Agrigenomics and Forensics

North America Next Generation Sequencing Market By Workflow

  • Sequencing Process

  • NGS Data Analysis

    • Primary Data Analysis

    • Secondary Data Analysis

    • Tertiary Data Analysis

  • Pre-Sequencing

    • Library Preparation Kits

    • Semi-Automated Library Preparation

    • Automated Library Preparation

North America Next Generation Sequencing Market By End-Use

  • Academic Research Institutions

  • Clinical Research Organizations

  • Hospitals and Clinics

  • Pharmaceutical and Biotechnology Companies

  • Other User Segments

North America Next Generation Sequencing Market By Region

  • United States

    • Market Overview and Growth Factors

    • Key States and Hubs

  • Canada

    • Market Overview and Trends

    • Regional Insights

Go-to-Market Strategies (Europe/Asia Pacific/North America/Latin America/Middle East)

  • Market entry and expansion tactics in North America

  • Regional differences in customer engagement and sales channels

  • Competitive landscape and partnership models

  • Tailoring marketing approaches to specific regional needs

Healthcare Production & Manufacturing Data

  • Overview of NGS instrument and reagent manufacturing in North America

  • Supply chain dynamics for NGS components

  • Capacity, scalability, and production challenges

Cross-Border Healthcare Services

  • International collaborations in NGS research and diagnostics

  • Cross-border data sharing and sample shipping logistics

  • Regulatory implications for cross-border NGS services

Regulatory Landscape & Policy Insights in Healthcare Market

  • Impact of US healthcare regulations on NGS adoption

  • Policy initiatives supporting genomics and precision medicine

  • Compliance requirements for clinical and research applications

Regulatory Environment by Region: In-depth analysis of FDA (US), EMA (Europe), MHRA (UK), NMPA (China)

  • FDA approval processes for NGS platforms and assays

  • EMA regulatory framework and comparison with US regulations

  • Role of MHRA in harmonizing standards post-Brexit

  • Emerging regulatory environment in China and its global impact

Impact of Regulatory Changes on Market

  • Shifts in reimbursement policies affecting NGS utilization

  • Regulatory hurdles and acceleration programs like breakthrough device designation

  • Effects on market access and product innovation timelines

Government Healthcare Spending and Policies

  • Federal and state funding dedicated to genomics and sequencing initiatives

  • Public health programs integrating NGS for population screening

  • Policy incentives driving adoption in academic and clinical settings

Technological Disruption and Innovations

  • Advances in sequencing technologies (e.g., long-read, single-cell sequencing)

  • Automation and miniaturization of NGS workflows

  • Development of integrated platforms combining sequencing with AI analytics

Global Healthcare Production Insights

  • Position of North America in global NGS production and innovation

  • Export-import trends of sequencing technologies and consumables

  • Benchmarking production efficiency with other regions

Advanced Manufacturing Techniques

  • Precision manufacturing of sequencing instruments and reagents

  • Use of microfluidics and nanotechnology in NGS devices

  • Quality control and standardization protocols

AI & Machine Learning in Healthcare

  • AI-driven analysis of NGS data for diagnostics and therapeutics

  • Machine learning models improving variant interpretation and accuracy

  • Integration of AI tools in clinical decision support systems

Wearables and Remote Monitoring

  • Emerging applications of NGS in wearable diagnostics

  • Remote patient monitoring leveraging genomic insights

  • Data security and interoperability challenges

Blockchain in Healthcare

  • Blockchain for secure genomic data sharing and privacy protection

  • Enhancing transparency and traceability in NGS sample handling

  • Smart contracts for research collaborations and data monetization

3D Printing and Bioprinting

  • Role in developing NGS hardware components and consumables

  • Potential for personalized reagent cartridges and assay development

Consumer Adoption and Digital Health

  • Direct-to-consumer NGS testing trends in North America

  • Role of digital platforms in increasing consumer awareness

  • Privacy concerns and ethical considerations

Investment and Funding Insights in Healthcare

  • Overview of funding landscape for NGS companies in North America

  • Public and private investment trends supporting innovation

  • Strategic partnerships and joint ventures fueling growth

Venture Capital and Investment Trends

  • Key venture capital players and investment hotspots

  • Funding rounds and valuations of leading NGS startups

  • Focus areas attracting the most capital

Venture Funding in Biotech

  • Intersection of biotech and NGS in precision medicine development

  • Impact of biotech innovations on sequencing market growth

Mergers and Acquisitions in Healthcare

  • Major M&A deals involving NGS technology companies

  • Market consolidation effects on competition and innovation

  • Strategic acquisitions expanding service and product portfolios

Entry Strategies for Emerging Markets

  • Lessons from North America for penetrating emerging NGS markets

  • Localization strategies for regulatory and cultural alignment

  • Collaboration models with local healthcare providers

Strategic Role of Healthcare Ecosystems

  • Integration of NGS providers with hospitals, research centers, and payers

  • Ecosystem-driven innovations and patient-centric care models

Healthcare Investment and Financing Models

  • Financing structures supporting NGS commercialization

  • Role of government grants, private equity, and public markets

  • Risk-sharing models and impact investing in genomics

Private Equity and Venture Capital in Healthcare

  • PE trends in scaling established NGS firms

  • VC focus on early-stage technological breakthroughs

Innovative Financing Models in Healthcare

  • Subscription services for genomic testing

  • Outcome-based financing linked to clinical benefits

  • Crowdfunding and public-private partnerships

Sustainability and ESG (Environmental, Social, Governance) in Healthcare

  • Sustainable manufacturing practices in NGS instrument production

  • Social responsibility in genomic data usage and access

  • Governance frameworks for ethical genomic research

Smart Tracking and Inventory Management

  • Digital inventory solutions for NGS reagents and consumables

  • Real-time tracking to reduce waste and improve supply chain efficiency

Enhanced Efficiency and Productivity

  • Automation in sample prep, sequencing, and data analysis

  • Lean processes driving faster turnaround times and cost reductions

Cost Savings and Waste Reduction

  • Strategies to minimize reagent usage and consumable waste

  • Energy-efficient sequencing instruments

Global Production Volumes

  • North America’s share in global NGS production volumes

  • Growth trajectories and production forecasts

Regional Production Analysis

  • Key manufacturing clusters in the US and Canada

  • Comparison with other global production hubs

Consumption Patterns by Region

  • Adoption rates in clinical, research, and consumer segments

  • Influences of healthcare infrastructure and payer policies

Key Trends in Production and Consumption

  • Shift towards decentralized and point-of-care sequencing

  • Growth of targeted sequencing panels versus whole genome

Opportunity Assessment

  • Market gaps and unmet needs in the North American NGS space

  • Emerging applications in oncology, infectious diseases, and rare disorders

Plan Finances/ROI Analysis

  • Cost-benefit analyses of NGS adoption in various healthcare settings

  • Return on investment models for clinical laboratories and hospitals

Supply Chain Intelligence/Streamline Operations

  • Supplier relationships and risk management

  • Strategies to optimize logistics and inventory turnover

Cross Border Intelligence

  • Import-export regulations affecting NGS components

  • International collaboration and competitive benchmarking

Business Model Innovation

  • Hybrid models combining diagnostics, research services, and data analytics

  • New revenue streams from data licensing and personalized medicine

Case Studies and Examples

  • Successful NGS platform launches and clinical adoption stories

  • Innovative collaborations between industry and academia

Future Prospects and Innovations

  • Next-generation technologies on the horizon (e.g., quantum sequencing)

  • Potential for integration with other omics and AI tools

  • Evolving regulatory and reimbursement landscapes

Competitive Landscape: Top Companies in the North America Next Generation Sequencing Market

  • Agilent Technologies, Inc.

  • Thermo Fisher Scientific, Inc.

  • QIAGEN

  • Illumina, Inc.

  • Bio-Rad Laboratories, Inc.

  • Pacific Biosciences of California, Inc.

  • 10x Genomics, Inc.

  • PerkinElmer, Inc.

  • Genewiz

  • Partek Incorporated

  • Becton, Dickinson and Company (BD)

  • Genomic Health, Inc.

  • Guardant Health, Inc.

  • Personalis, Inc.

Recent Strategic Developments and Innovations

  • New Product Launches and Technology Upgrades

  • Mergers, Acquisitions, and Collaborations

  • Advances in AI and Bioinformatics Integration

  • Expansion into Personalized Medicine and Precision Oncology

Market Dynamics and Future Outlook

  • Market Size and Growth Forecasts

  • Emerging Trends and Innovations

  • Challenges and Barriers to Market Growth

  • Impact of Government Initiatives and Funding

  • Opportunities in Clinical and Consumer Genomics

Appendices

  • Research Methodology

  • Glossary of Terms

  • Data Sources and References

  • Disclaimer and Contact Information

  • Insight Code: 5645
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: May 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and market strategy to her research.

Shivani contributes to Towards Healthcare and plays an active role at Precedence Research, where she focuses on delivering in-depth market intelligence, competitive analysis, and trend forecasting across pharmaceuticals, medical devices, digital health, and healthcare services. Her insights support healthcare companies, investors, and policymakers in making data-backed decisions in a highly regulated and rapidly evolving sector.

Additionally, Shivani collaborates with Statifacts, further expanding her healthcare domain reach by engaging in diverse projects across global markets. Her strength lies in transforming complex clinical and commercial data into strategic narratives that help stakeholders navigate the future of healthcare.

FAQ's

A number of NGS techniques have been developed, such as pyrosequencing, Ion Torrent sequencing, sequencing by synthesis (SBS – Illumina), and sequencing by ligation (SOLiD).

Commoditization is becoming more likely for NGS in the future.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.