The Roe Next-Generation Sequencing (NGS) Services Market was valued at $58.7 Million in 2017 and projected to reach to $152.1 Million by 2022, representing a compound annual growth rate of CAGR 21.0%. Roe's NGS services market is positioned for sustained growth as healthcare providers increasingly recognize the clinical and economic value of genomic sequencing.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
Roe's NGS services market experienced a remarkable 21% CAGR from 2017 to 2022, demonstrating strong market momentum and increasing healthcare investment in genomic technologies.
Market size grew from $58.7 million in 2017 to $152.1 million by 2022, representing a 159% increase over five years and indicating accelerating adoption of sequencing services.
Roe's healthcare institutions are increasingly integrating NGS into clinical diagnostics, driving demand for advanced sequencing services across oncology, rare disease identification, and personalized medicine.
Growing pharmaceutical development and research institution investments in Roe are fueling NGS service adoption for drug discovery, biomarker identification, and genomic research initiatives.
| Report Metric | Details |
|---|---|
| Base Year | 2017 |
| Fastest Growing Segment | AGRICULTURE & ANIMAL RESEARCH (Application) |
| Forecast Period | 2017–2022 |
| Growth Rate | CAGR of 21% from 2017 to 2022 |
| Largest Segment | DIAGNOSTICS (Application) |
| Market Size Base Year (Billions) | ~USD 1.06 (2017) |
| Revenue Forecast (Billions) | ~USD 2.748 (2022) |
| Segments Covered | Type, Application, End User, Technology |
4 segment dimensions are covered across the global market.
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| ILLUMINA, INC. | United States | Public Company | Targeted sequencing services,RNA-Seq services,Exome sequencing services, |
| PERKINELMER, INC. | United States | Public Company | Targeted sequencing services,RNA-Seq services,Exome sequencing services, |
| EUROFINS SCIENTIFIC SE | Luxembourg | Public Company | Targeted sequencing services,RNA-Seq services,Exome sequencing services, |
| MACROGEN, INC. | South Korea | Public Company | Targeted sequencing services,RNA-Seq services,Exome sequencing services, |
| QIAGEN N.V. | Netherlands | Public Company | Targeted sequencing services (panels, amplicon, gene panels),RNA-Seq services,Exome and de novo sequencing services, |
| DNA LINK, INC. | South Korea | Public Company | Whole genome & De Novo sequencing services,Whole exome & targeted sequencing services,Transcriptome & single-cell RNA sequencing, |
| TAKARA BIO INC. (PART OF TAKARA HOLDING COMPANY INC.) | Japan | ||
| NOVOGENE CORPORATION | China | Public Company | Whole genome and targeted sequencing services (incl. human/animal/plant/microbial WGS and targeted panels),Transcriptomics and single-cell sequencing (mRNA, lncRNA, small RNA, single-cell, spatial),De novo, metagenomics, and microbiome sequencing, |
| PERSONALIS, INC. | United States | Public Company | Oncology MRD and monitoring (NeXT Personal, NeXT Personal Dx),Comprehensive tumor profiling (ImmunoID NeXT, NeXT Dx),Population and research sequencing (WES/WGS services), |
Illumina, Inc. is a public company founded in 1998 and headquartered in the United States with 8,625 employees. The company is a leader in DNA sequencing and genetic analysis technologies.
PerkinElmer, Inc. is a public company founded in 1937 and based in the United States with 11,000 employees. The company provides diagnostic and research solutions across life sciences and environmental testing.
Eurofins Scientific SE is a public company founded in 1987 and headquartered in Luxembourg with 65,694 employees. The company operates a network of laboratories providing testing and analytical services across multiple industries.
Macrogen, Inc. is a public company founded in 2000 and based in South Korea with 293 employees. The company provides genomic research services including DNA sequencing and analysis.
QIAGEN N.V. is a public company founded in 1984 and headquartered in the Netherlands with 5,500 employees. The company develops and manufactures molecular diagnostics and life sciences tools.
DNA Link, Inc. is a public company founded in 2000 and based in South Korea with 84 employees. The company offers genomic analysis and genetic testing services.
Takara Bio Inc. is a company based in Japan and operates as part of Takara Holding Company Inc. The company specializes in biotechnology and life sciences research products.
Novogene Corporation is a public company founded in 2011 and based in China with 2,225 employees. The company provides genomic sequencing and bioinformatics analysis services.
Personalis, Inc. is a public company founded in 2011 and based in the United States with 260 employees. The company develops genomic testing and analysis solutions for precision medicine.
Roe's NGS Services Market was valued at $58.7 million in 2017 and is forecasted to reach $152.1 million by 2022.
Roe's NGS Services Market is expected to grow at a compound annual growth rate of 21.0% from 2017 to 2022.
Roe's NGS market growth is driven by increased precision medicine adoption, rising healthcare investments, growing genetic disorder prevalence, and modernization of diagnostic infrastructure.
Roe's NGS services are being adopted across clinical diagnostics, research institutions, pharmaceutical development, and personalized medicine initiatives.
Roe represents a significant growth market within Europe's NGS landscape, with a 21.0% CAGR reflecting strong regional demand for advanced genomic technologies.
Full forecast, segment splits, and company analysis for all Next-Generation Sequencing (NGS) Services Market.
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