Clinical Oncology Next Generation Sequencing (NGS) Market Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Clinical Oncology Next Generation Sequencing (NGS) Market covers analysis By Technology (Whole Exome Sequencing, Whole Genome Sequencing, Targeted Sequencing and Resequencing); Workflow (NGS Data Analysis, NGS Pre-Sequencing, NGS Sequencing); Application (Companion Diagnostics, Screening, Other Applications); End User (Hospitals and Clinics, Laboratories) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Sep 2025
  • Report Code : TIPRE00007163
  • Category : Life Sciences
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150

The Clinical Oncology Next Generation Sequencing (NGS) Market is expected to register a CAGR of 16% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The Clinical Oncology Next Generation Sequencing (NGS) Market report covers segmental analysis by Technology (Whole Exome Sequencing, Whole Genome Sequencing, Targeted Sequencing and Resequencing); Workflow (NGS Data Analysis, NGS Pre-Sequencing, NGS Sequencing); Application (Companion Diagnostics, Screening, Other Applications); End User (Hospitals and Clinics, Laboratories), and Geography (North America, Europe, Asia Pacific, and South and Central America). The global analysis is further broken down at the regional level and major countries

Purpose of the Report

The report Clinical Oncology Next Generation Sequencing (NGS) Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Clinical Oncology Next Generation Sequencing (NGS) Market Segmentation

Technology

  • Whole Exome Sequencing
  • Whole Genome Sequencing
  • Targeted Sequencing and Resequencing

Workflow

  • NGS Data Analysis
  • NGS Pre-Sequencing
  • NGS Sequencing

Application

  • Companion Diagnostics
  • Screening
  • Other Applications

End User

  • Hospitals and Clinics
  • Laboratories

Customize This Report To Suit Your Requirement

You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Clinical Oncology Next Generation Sequencing (NGS) Market: Strategic Insights

clinical-oncology-next-generation-sequencing-ngs-market
  • Get Top Key Market Trends of this report.
    This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Clinical Oncology Next Generation Sequencing (NGS) Market Growth Drivers

  • Increase in Cancer Prevalence: The global rise in cancer cases is one of the most significant factors influencing the growth of the Clinical Oncology NGS market. As cancer incidence continues to increase, there is a growing need for advanced diagnostic tools like NGS that can provide insights into the genetic makeup of tumors. NGS technologies help identify specific genetic mutations that can influence cancer progression, making them essential for detecting cancers at early stages and monitoring treatment efficacy. This rising demand for more accurate and non-invasive diagnostic solutions boosts the growth of the NGS market in oncology.
  • Growing Focus on Liquid Biopsy: Liquid biopsy, a non-invasive diagnostic method that utilizes blood samples to detect genetic alterations and mutations, is gaining traction in the clinical oncology NGS market. With liquid biopsy, NGS can be used to analyze circulating tumor DNA (ctDNA), offering an easier, quicker, and less invasive alternative to traditional tissue biopsies. The rise of liquid biopsy technologies is revolutionizing cancer detection, monitoring, and recurrence tracking, thus contributing to the expanding use of NGS in clinical oncology.
  • Improved Awareness and Adoption by Healthcare Providers: As clinical oncologists and healthcare providers become more aware of the capabilities and benefits of NGS, the adoption of these technologies has increased significantly. Many healthcare systems are integrating NGS into standard oncology care, recognizing its ability to provide critical insights into the genetic landscape of tumors. The increasing availability of NGS-based diagnostic tools in clinical settings has led to wider acceptance of genomic testing as a routine part of cancer care, fueling the Clinical Oncology NGS market's expansion.

Clinical Oncology Next Generation Sequencing (NGS) Market Future Trends

  • Expansion of NGS-based Companion Diagnostics: NGS is increasingly being used to identify biomarkers that can predict patient responses to targeted therapies, creating opportunities for companion diagnostics. In the future, Clinical Oncology NGS will play an integral role in the development and widespread adoption of companion diagnostic tests, which pair specific drugs with genetic profiles to optimize treatment outcomes. As the number of targeted cancer therapies expands, the demand for NGS-based companion diagnostics will grow, helping oncologists make more informed decisions about personalized treatment regimens.
  • Broader Use of Whole Genome Sequencing (WGS) in Clinical Oncology: Whole genome sequencing (WGS), which involves analyzing the entire genome, is expected to become more widely adopted in clinical oncology. As WGS technology becomes more affordable and accessible, it will offer a comprehensive view of a patient's genetic makeup, enabling the detection of rare mutations and complex genomic alterations. This will further enhance the ability to tailor personalized treatment strategies based on the individual characteristics of the tumor, allowing oncologists to provide more precise and effective cancer care.
  • Enhanced Focus on Multi-Omics Approaches: The future of Clinical Oncology NGS will see a growing emphasis on multi-omics approaches, where genomics, proteomics, transcriptomics, and other omics data are integrated to create a more complete picture of cancer biology. By combining data from different omics layers, NGS technologies can provide deeper insights into the molecular mechanisms underlying cancer, improving early detection, prognosis assessment, and treatment selection. This trend will enable more holistic and precise approaches to cancer care, moving beyond genomics alone to a broader systems biology perspective.

Clinical Oncology Next Generation Sequencing (NGS) Market Opportunities

  • Next-Generation Cancer Screening Programs: As the sensitivity and affordability of Clinical Oncology NGS technologies improve, they will increasingly be used in large-scale cancer screening programs. NGS platforms, particularly through liquid biopsy, will play a key role in early cancer detection, particularly in asymptomatic individuals or those at high risk. These advancements will lead to broader population screening initiatives, enabling earlier and more accurate detection of various cancer types, ultimately improving survival rates and reducing healthcare costs associated with late-stage cancer treatments.
  • Increased Regulatory Approvals and Reimbursement for NGS Tests: In the future, more regulatory agencies and insurance providers are expected to approve and reimburse NGS-based cancer tests, expanding access to these advanced diagnostic tools. As the clinical utility and cost-effectiveness of Clinical Oncology NGS continue to be demonstrated in oncology trials and clinical settings, healthcare reimbursement for NGS-based diagnostics will become more widespread. This trend will remove some of the financial barriers for patients and healthcare systems, making NGS testing more accessible across global markets.
  • Rise of Pan-Cancer NGS Panels: The development and adoption of pan-cancer NGS panels that can detect a wide range of genetic mutations across different cancer types is another key future trend in the Clinical Oncology NGS market. These panels offer the advantage of being able to test for multiple genetic alterations simultaneously, regardless of the cancer type. This versatility makes pan-cancer panels particularly useful for identifying novel biomarkers, monitoring minimal residual disease, and selecting targeted therapies. The growth of pan-cancer testing will enhance the efficiency of cancer diagnostics and treatment decision-making, driving further demand for NGS solutions.

Clinical Oncology Next Generation Sequencing (NGS) Market Regional Insights

The regional trends and factors influencing the Clinical Oncology Next Generation Sequencing (NGS) Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Clinical Oncology Next Generation Sequencing (NGS) Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

clinical-oncology-next-generation-sequencing-ngs-market-global-geography
  • Get the Regional Specific Data for Clinical Oncology Next Generation Sequencing (NGS) Market

Clinical Oncology Next Generation Sequencing (NGS) Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 16%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Technology
  • Whole Exome Sequencing
  • Whole Genome Sequencing
  • Targeted Sequencing and Resequencing
By Workflow
  • NGS Data Analysis
  • NGS Pre-Sequencing
  • NGS Sequencing
By Application
  • Companion Diagnostics
  • Screening
  • Other Applications
By End User
  • Hospitals and Clinics
  • Laboratories
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Agilent Technologies, Inc.
  • Caris Life Sciences
  • F. Hoffmann-La Roche Ltd
  • FOUNDATION MEDICINE, INC.
  • Illumina, Inc.
  • Myriad Genetics, Inc.
  • Oxford Nanopore Technologies
  • PerkinElmer Inc
  • QIAGEN
  • Thermo Fisher Scientific Inc.

  • Clinical Oncology Next Generation Sequencing (NGS) Market Players Density: Understanding Its Impact on Business Dynamics

    The Clinical Oncology Next Generation Sequencing (NGS) Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Clinical Oncology Next Generation Sequencing (NGS) Market are:

    1. Agilent Technologies, Inc.
    2. Caris Life Sciences
    3. F. Hoffmann-La Roche Ltd
    4. FOUNDATION MEDICINE, INC.
    5. Illumina, Inc.
    6. Myriad Genetics, Inc.

    Disclaimer: The companies listed above are not ranked in any particular order.


    clinical-oncology-next-generation-sequencing-ngs-market-cagr

    • Get the Clinical Oncology Next Generation Sequencing (NGS) Market top key players overview

    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Clinical Oncology Next Generation Sequencing (NGS) Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Clinical Oncology Next Generation Sequencing (NGS) Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.


    Frequently Asked Questions

    What is the expected CAGR of the Clinical Oncology Next Generation Sequencing (NGS) Market?

    The Clinical Oncology Next Generation Sequencing (NGS) Market is expected to register a CAGR of 16% from 2025-2031.

    What are the driving factors impacting the Clinical Oncology Next Generation Sequencing (NGS) Market?

    The major factors impacting the Clinical Oncology Next Generation Sequencing (NGS) Market are: Increase in Cancer Prevalence, Growing Focus on Liquid Biopsy and Improved Awareness and Adoption by Healthcare Providers

    What are the future trends in the Clinical Oncology Next Generation Sequencing (NGS) Market?

    Key future trends in this market are - Expansion of NGS-based Companion Diagnostics, Broader Use of Whole Genome Sequencing (WGS) in Clinical Oncology and Enhanced Focus on Multi-Omics Approaches

    Which are the key players in the Clinical Oncology Next Generation Sequencing (NGS) Market?

    Key companies of this market are: Agilent Technologies, Inc., Caris Life Sciences, F. Hoffmann-La Roche Ltd, FOUNDATION MEDICINE, INC., Illumina, Inc., Myriad Genetics, Inc., Oxford Nanopore Technologies, PerkinElmer Inc, QIAGEN, Thermo Fisher Scientific Inc.

    What are the deliverable formats of Clinical Oncology Next Generation Sequencing (NGS) Market report?

    The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.

    What are the options available for the customization of this report?

    Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

    Mrinal Kerhalkar
    Mrinal Kerhalkar
    Manager,
    Market Research & Consulting

    Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

    Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    user

    I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

    DR CHIJIOKE ONYIA, MANAGING DIRECTOR, PineCrest Healthcare Ltd.
    user

    The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

    Yukihiko Adachi CEO, Deep Blue, LLC.

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Strategic Planning
    • Investment Justification
    • Identifying Emerging Markets
    • Enhancing Marketing Strategies
    • Boosting Operational Efficiency
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Your Key Concerns Addressed - Question & Answer
    Can I view a sample of the report before purchasing?

    Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

    Is analyst support included with the purchase?

    Absolutely — analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

    What are the next steps once I place an order?

    Once your order is successfully placed, you will receive a confirmation email along with your invoice.

    • For published reports: You’ll receive access to the report within 4–6 working hours via a secured email sent to your email.
    • For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

    Can the report be tailored to suit my specific needs?

    We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we’ll be happy to provide a customized proposal or scope.

    In what format is the report delivered?

    The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

    The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
    Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

    How secure is the payment process on your platform?

    Our payment process is fully secure and PCI-DSS compliant.

    We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
    You can make your purchase with confidence, knowing your personal and financial information is safe with us.

    Do you provide special pricing for buying multiple reports?

    Yes, we do offer special pricing for bulk purchases.
    If you're interested in purchasing multiple reports, we’re happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you’re considering, and we’ll share a personalized quote.

    Can I connect with your team to discuss the report before buying?

    Yes, absolutely.
    Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we’re here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

    Will I get a billing invoice upon purchase?

    Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
    If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

    Is there support available if I can’t access my report?

    Yes, certainly.
    If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we’ll ensure the issue is resolved quickly so you can access your report without interruption.

    Our Clients
    The List of Companies

    1. Agilent Technologies, Inc.
    2. Caris Life Sciences
    3. F. Hoffmann-La Roche Ltd
    4. FOUNDATION MEDICINE, INC.
    5. Illumina, Inc.
    6. Myriad Genetics, Inc.
    7. Oxford Nanopore Technologies
    8. PerkinElmer Inc
    9. QIAGEN
    10. Thermo Fisher Scientific Inc.
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo