Global Clinical Oncology Next Generation Sequencing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Whole Genome Sequencing, Whole Exome Sequencing, and Targeted Sequencing & Resequencing.

By Workflow;

NGS Pre-Sequencing, NGS Sequencing, and NGS Data Analysis.

By Application;

Screening, Companion Diagnostics, and Others.

By End Use;

Hospitals, Clinics, and Laboratories.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn871330898 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Clinical Oncology Next Generation Sequencing Market (USD Million), 2021 - 2031

In the year 2024, the Global Clinical Oncology Next Generation Sequencing Market was valued at USD 906.01 million. The size of this market is expected to increase to USD 2,366.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.7%.

Next-generation sequencing (NGS) is a powerful parallel sequencing technique renowned for its ultra-high throughput, rapid speed, and scalability in deciphering the nucleotide order across entire genomes. In clinical oncology, NGS has revolutionized personalized cancer treatment by enabling the identification of novel and rare cancer mutations, detecting familial cancer predispositions, and providing the genetic basis for optimal targeted therapies. A pivotal stage in the sequencing process is DNA pre-sequencing, where the material is prepared for subsequent sequencing reactions.

Our platform analyzes raw NGS data for each genotype-drug combination, enabling doctors to classify and interpret genomic changes in conjunction with experimental and approved medications. Consequently, NGS data processing systems are increasingly employed in personalized oncology care, facilitating tailored treatment strategies based on individual genetic profiles and improving patient outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Workflow
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Global Clinical Oncology Next Generation Sequencing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Cancer Incidence
        2. Technological Advancements
        3. Growing Awareness
      2. Restraints
        1. High Costs
        2. Data Analysis Challenges
        3. Regulatory Issues
      3. Opportunities
        1. Development of Liquid Biopsy Assays
        2. Increasing Investments
        3. Rise of Personalized Medicine Platforms
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Clinical Oncology Next Generation Sequencing Market, By Technology, 2021- 2031 (USD Million)
      1. Whole Genome Sequencing
      2. Whole Exome Sequencing
      3. Targeted Sequencing & Resequencing
    2. Global Clinical Oncology Next Generation Sequencing Market, By Workflow, 2021 - 2031 (USD Million)
      1. NGS Pre-Sequencing
      2. NGS Sequencing
      3. NGS Data Analysis
    3. Global Clinical Oncology Next Generation Sequencing Market, By Application, 2021 - 2031 (USD Million)
      1. Screening
      2. Companion Diagnostics
      3. Others
    4. Global Clinical Oncology Next Generation Sequencing Market, By End Use, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Clinics
      3. Laboratories
    5. Global Clinical Oncology Next Generation Sequencing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Illumina Inc
      2. F. Hoffmann-La Roche Ltd
      3. Agilent Technologies Inc
      4. Thermo Fisher Scientific
      5. Myriad Genetics Inc
      6. BGI
  7. Analyst Views
  8. Future Outlook of the Market