Global Sanger Sequencing Market Set to Grow at Highest Pace owing to Rising Application of Sanger Sequencing in Clinical Diagnostics
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Global Sanger Sequencing Market |
Sanger sequencing plays an important role in mapping
DNA sequences and gaining insights into the genetics of various diseases. Some
of the key applications of Sanger sequencing include identifying and mapping of
the human genome, clinical diagnostics of genetic disorders, forensic analysis,
and targeted re-sequencing projects. The non-commercial open-source databases
created with Sanger sequencing technology have significantly contributed to advances
in life sciences research.
The Global Sanger Sequencing Market is estimated to be
valued at US$ 10,130.6 Mn in 2024
and is expected to exhibit a CAGR of 18%
over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Global
Sanger Sequencing Market are Eurofins Scientific, CeMIA, Fasteris SA,
GENEWIZ, GenHunter Corporation, GenScript, LGC Biosearch Technologies,
Nucleics, Quintara Biosciences, SciGenom Labs Pvt. Ltd, StarSEQ GmbH, Thermo
Fisher Scientific Inc., QIAGEN, Promega Corporation, and Source BioScience.
Eurofins Scientific and Thermo Fisher Scientific Inc capture over 30% of the
market share due to their diversified product portfolio and strong global
presence.
The rising application of Sanger sequencing in clinical diagnostics of genetic
disorders is a major factor driving the growth of this market. Sanger
sequencing helps in the identification of single-nucleotide variants and small
mutations responsible for genetic disorders. Moreover, the continuous decline
in the cost of sequencing has made Sanger sequencing an affordable method for
clinical diagnosis, further boosting the market growth.
Technological advancements including automated sequencing platforms, web-based
sequencing analysis tools, and workflow management software are augmenting the
capabilities of Sanger sequencing. The development of enhanced chemistries for
fluorescence-based sequencing and instruments with higher throughput is
expanding the application range of Sanger sequencing.
Market Trends
Next-generation Sequencing gaining traction - While Sanger sequencing still
dominates the clinical diagnostics sector, next-generation sequencing (NGS) technologies
are gaining increased acceptance in research and drug discovery due to their
high-throughput and cost-effective nature. In the coming years, NGS
technologies are expected to capture a part of the market share held by Sanger
sequencing.
Application in drug discovery and precision medicine - Sanger sequencing
continues to find new use cases in understanding disease pathophysiology at a
molecular level and advancing personalized treatment strategies. It plays a
vital role in pharmacogenomics and companion diagnostic development. The
growing need for precision medicine is expected to boost the demand for Sanger
sequencing.
Market Opportunities
Clinical applications in developing countries - Most developing markets still
rely on Sanger sequencing for clinical genetic testing due to its affordability
and relevance for analysis of targeted genomic regions. The rapidly growing
healthcare infrastructure and increasing focus on genetic/rare disorder
diagnosis in developing countries will provide significant opportunities.
Sanger sequencing as gold standard - Despite the emergence of NGS, Sanger
sequencing continues to be indispensable where high accuracy is required, such
as in clinical diagnosis. Sanger sequencing enjoys a solid reputation of being
the gold standard sequencing method that will help it stay relevant for years
to come.
Impact of COVID-19 on Global Sanger
Sequencing Market Growth
The COVID-19 pandemic has positively impacted the growth of the global Sanger
sequencing market. During the pandemic, research institutions and
pharmaceutical companies ramped up their efforts on SARS-CoV-2 genome
sequencing to track virus mutations and develop vaccines and therapeutics.
Also, hospitals extensively used Sanger sequencing for genetic and infectious
disease diagnostics of COVID-19 patients.
In the pre-COVID era, Sanger sequencing was predominantly used in research
applications like detection of genetic disorders and study of human genome
variations. However, during the pandemic, its diagnostic use increased
significantly. Research funding bodies made additional grants available for
genomic research on COVID-19. This boosted the demand for high-throughput
Sanger sequencing products and services among academia and industry.
The post-COVID scenario indicates that demand for Sanger sequencing may
gradually shift back to research as pandemic related sequencing requirements
decline. However, diagnostic usage is expected to remain high due to increased
focus on infectious disease monitoring and preparedness. Market players are
likely to witness growth opportunities in developing sequencing kits and panels
for routine screening of pathogens. Capacity expansions and technology upgrades
would help them serve the growing diagnostic sequencing market on a long-term
basis.
Geographical Regions with High
Concentration of Global Sanger Sequencing Market Value
North America accounts for the largest share of the global Sanger sequencing
market in terms of value. Presence of many leading market players, massive research
funding, and advanced healthcare infrastructure have contributed to North
America's dominance. Growth in genomics-driven diagnostics and therapeutics
development is driving sequencing equipment procurement and services adoption
in the region.
Asia Pacific is projected to be the fastest growing regional market during the
forecast period. This is attributed to increasing R&D expenditures, focus
on agriculture and animal genetics research, and expandingDiagnostics industry.
Rising awareness, improving access, and government initiatives are encouraging
life science organizations across China, India, Japan and South Korea to
investmore in genomic technologies like Sanger sequencing.
Fastest Growing Regional Market for
Global Sanger Sequencing Market
Asia Pacific is anticipated to be the fastest growing regional market for
Sanger sequencing during the forecast years. Rising penetration of
next-generation sequencing technologies is driving the demand for Sanger
sequencing in emerging Asia Pacific countries. Further, large population with
increasing incidence of genetic disorders and growth in medical tourism are
propelling diagnostic applications of sequencing. Substantial funding for
agricultural and clinical research from governments and private entities offers
significant opportunities. In addition, presence of low-cost skilled workforces
is attracting sequencing product manufacturers and service providers to set up
facilities in Asia Pacific. All these factors will significantly contribute to
the fast growth of this regional market in the coming years.
Get more insights on Sanger
Sequencing Market
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