The whole exome sequencing market size has seen immense growth in recent times. From $2.82 billion in 2024, the market is predicted to grow to $3.37 billion in 2025 at a compound annual growth rate (CAGR) of 19.4%. Reasons aiding this growth include advancements in genomic research, the trend of precision medicine, a rise in the diagnosis of rare diseases, pharmaceutical and biotech applications, and decreasing sequencing costs.
The forecast for the future looks promising too. The whole exome sequencing market size is expected to reach $7.29 billion in 2029 at a CAGR of 21.3%. The forecasted growth is attributed to expanding applications in oncology, increased adoption in clinical diagnostics, rising demand for genetic testing, new population genomics initiatives, and the emergence of gene therapies.
Get Your Free Sample of The Global Whole Exome Sequencing Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10669&type=smp
What is Driving the Whole Exome Sequencing Market?
The increase in HIV prevalence became a significant driver of growth in the whole exome sequencing market. Whole exome sequencing provides the genomic structures of viruses, like HIV, that are crucial for personalized treatment and vaccine designs. According to the Minority HIV/AIDS Fund (MHAF), it is estimated that approximately 39.9 million people worldwide were living with HIV in 2023, representing a rise in HIV prevalence compared to previous years. Therefore, this increase has a positive influence on the growth of the whole exome sequencing market.
Which are the Major Segments in the Whole Exome Sequencing Market?
The whole exome sequencing market covered in this report is segmented by –
1) By Product: Systems, Kits, Services
2) By Technology: Sequencing By Synthesis, Ion Semiconductor Sequencing
3) By Application: Diagnostics, Drug Discovery And Development, Personalized Medicine, Agriculture, And Animal Research
4) By End-User: Hospitals And Clinics, Pharmaceutical And Biotechnology Companies, Academic and Research Institutes, Clinical Laboratories
Order your report now for swift delivery:
https://www.thebusinessresearchcompany.com/report/whole-exome-sequencing-global-market-report
Who are the Major Players in the Whole Exome Sequencing Market?
Players in the whole exome sequencing market include Thermo Fisher Scientific Inc., Illumina Inc., Eurofins Genomics, Azenta US Inc., CD Genomics, Psomagen Inc., Agilent Technologies, BGI Genomics, F. Hoffmann-La Roche Ltd., QIAGEN Inc., and Macrogen Inc.
What are the Emerging Trends in the Whole Exome Sequencing Market?
Innovative diagnostic techniques are gaining traction in the whole exome sequencing market. Companies are continually working on product innovations to sustain their grip on the market. An example is the launch of “NovaSeqX Plus” by Illumina Inc. in February 2023. This high throughput and accuracy sequencing technology features streamlined informatics, sustainability advancements, and economical sequencing.
Which Region is Recording the Fastest Growth in the Whole Exome Sequencing Market?
North America recorded the largest market share in the whole exome sequencing market in 2024. However, Asia-Pacific is set to outpace other regions and emerge as the fastest-growing region during the forecast period.
What Does The Whole Exome Sequencing Market Report 2025 Offer?
Whole exome sequencing refers to a genomic sequencing technique in which all of the protein-coding regions in a genome are sequenced. This technique is used in laboratories to identify mutations accountable for specific diseases. The Whole Exome Sequencing Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10669
About The Business Research Company
Learn More About the Business Research Company. With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead. Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
