Top 10 DNA Sequencing Companies | Advances in Genomics

Trishita Deb
Trishita Deb

Updated · Jul 18, 2024

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DNA Market Overview

The DNA sector focuses on DNA, the molecule carrying genetic instructions in a double-stranded helix with adenine (A), thymine (T), cytosine (C), and guanine (G).

It acts as life’s blueprint, controlling traits and cell functions. Key areas include genomics (studying genomes), epigenetics (gene expression changes), and DNA replication/repair.

Applications range from medical research and forensic science to agriculture and biotechnology, like gene therapy.

Technologies like PCR, sequencing, and CRISPR-Cas9 are crucial. Ethical concerns include privacy, genetic discrimination, and the impact of genetic engineering.

Market Drivers

The global DNA market is driven by key factors fueling its growth. Advances in genomics, especially through next-generation sequencing technologies, are pivotal, increasing demand for DNA-related products and services.

Healthcare applications like personalized medicine and diagnostics, coupled with biotechnological advancements such as CRISPR-Cas9, are also significant drivers.

Forensic uses in legal investigations and agricultural biotechnology, including GMO development and crop improvement, further boost market expansion.

Increased research funding, rising consumer awareness of genetic testing benefits, and the growth of direct-to-consumer genetic testing services are additional factors stimulating market demand and growth.

Market Size

The DNA sequencing market is expected to grow to about USD 40.5 billion by 2032 from USD 10.1 billion in 2022, with an annual growth rate of 15.3% from 2023 to 2032.

List of Major Companies

These are the top ten companies operating in the DNA Market:


Company Overview

Establishment Year1888
HeadquarterGreen Oaks, Illinois, U.S.
Key ManagementRobert B. Ford (Chairman & CEO)
Revenue (US$ Bn)$ 40.1 Billion (2023)
Headcount~ 114,000 (2023)

About Abbott Laboratories

Abbott Laboratories has made significant advances in the DNA sector, focusing on innovative diagnostics and medical technologies.

Recently, Abbott introduced the Alinity m diagnostics system, utilizing advanced molecular technologies to improve the efficiency of DNA testing.

This system has been crucial in enhancing the accuracy and speed of DNA analysis in clinical settings. In 2024, Abbott achieved FDA approval for groundbreaking products, including the Esprit™ BTK Everolimus Eluting Resorbable Scaffold System, designed for treating chronic limb-threatening ischemia.

Abbott’s continuous glucose monitoring systems, such as the FreeStyle Libre, have also been upgraded and launched, highlighting their commitment to advancing healthcare technologies.

These developments, along with strategic acquisitions and partnerships, underscore Abbott’s leadership in DNA diagnostics and healthcare innovation.

Geographical Presence

Abbott Laboratories, based in Lake Bluff, Illinois, has a global presence spanning North America, Europe, Asia-Pacific, Latin America, and the Middle East/Africa.

In North America, it operates manufacturing, research, and office facilities to support its healthcare operations. In Europe, key hubs in Germany, Ireland, and the UK handle manufacturing and distribution.

The Asia-Pacific region, including China, India, Japan, and Australia, plays a pivotal role in Abbott’s healthcare product supply and innovation.

In Latin America, Abbott operates in Brazil, Mexico, and Argentina, focusing on healthcare distribution. In the Middle East and Africa, Abbott has offices and distribution centers catering to regional healthcare needs.

Recent Developments

  • In April 2024, Abbott’s FDA approval for the Esprit™ BTK Everolimus Eluting Resorbable Scaffold System marked a major advancement in treating severe limb-threatening ischemia below the knee.
  • In January 2024, Abbott launched its new PROTALITY™ brand with a high-protein nutrition shake, targeting adults looking to lose weight while maintaining muscle mass and overall nutrition.


Company Overview

Establishment Year1891
HeadquarterRahway, New Jersey, U.S.
Key ManagementRobert M. Davis (Chairman, President and CEO)
Revenue (US$ Bn)$ 60.1 B (2023)
Headcount~ 72,000 (2023)

About Merck

Merck & Co., Inc. is deeply engaged in the DNA sector, focusing on advancing drug discovery and development using advanced technologies like AI and machine learning.

In 2024, they introduced the Merck Digital Sciences Studio (MDSS) to foster early-stage biomedical startups, emphasizing AI and ML innovations to speed up drug discovery. This initiative includes direct investment and technology access for startups.

First-quarter 2024 results highlighted growth driven by oncology and vaccines, alongside new product launches like WINREVAIR for pulmonary arterial hypertension. These efforts underscore Merck’s dedication to using cutting-edge science to enhance healthcare solutions.

Geographical Presence

Merck & Co., Inc., known as Merck Sharp & Dohme (MSD) outside North America, operates globally with headquarters in Kenilworth, New Jersey, USA.

They have extensive operations in North America, Europe (Germany, France, UK, Switzerland), Asia-Pacific (Japan, China, Australia, India), Latin America (Brazil, Mexico, Argentina, Chile), and the Middle East and Africa.

This global presence supports pharmaceutical research, development, and commercial activities, aiming to enhance healthcare access and innovation worldwide.

Recent Developments

  • In March 2024, Merck acquired Harpoon Therapeutics, Inc., bringing it under its full ownership as a subsidiary.
  • In June 2022, Merck launched the Merck Digital Sciences Studio (MDSS) to foster innovative technologies in drug discovery and development.


Company Overview

Establishment Year1973
HeadquarterParis, France
Key ManagementPaul Hudson (CEO)
Revenue (US$ Bn)$ 50.2 Billion (2022)
Headcount~ 86,088 (2023)

About Sanofi

Sanofi S.A. is actively advancing in the DNA sector, with a strong emphasis on immunology and inflammation.

The company has a robust pipeline of innovative therapies targeting genetic and immunological conditions.

Key drugs in development include amlitelimab, frexalimab, and SAR441566, aimed at treating atopic dermatitis, multiple sclerosis, and rheumatoid arthritis. Sanofi has significantly increased R&D investments to enhance its clinical pipeline, focusing on late-stage assets with high sales potential.

Recent launches like ALTUVIIIO® for hemophilia and Tzield® for type 1 diabetes underscore its commitment to introducing cutting-edge treatments.

Looking ahead, Sanofi aims for substantial annual sales growth by 2030, driven by expanding its immunology and neuro-inflammation portfolios.

Geographical Presence

Sanofi S.A., headquartered in France, maintains a robust global presence across key regions. In Europe, it operates extensive facilities and offices, particularly in its home country and throughout major European markets.

In North America, Sanofi is prominent with multiple manufacturing sites, research centers focused on biotechnology and pharmaceuticals, and strong commercial operations in the United States and Canada.

Across Asia-Pacific, including China, Japan, and Australia, Sanofi has established manufacturing, research, and sales facilities to meet diverse healthcare needs.

It also maintains a significant presence in Latin America, the Middle East, Africa, and other emerging markets, demonstrating its commitment to providing innovative healthcare solutions worldwide.

Recent Development

  • In May 2024, Sanofi, Formation Bio, and OpenAI collaborated to develop AI-powered software aimed at accelerating drug development and enhancing speed-to-market for medicines.
  • In October 2023, Sanofi revised its “Play to Win” strategy, focusing on launching innovative medicines and vaccines, optimizing resource allocation, and enhancing R&D efficiency.


Company Overview

Establishment Year1958
HeadquarterWaltham, Massachusetts, U.S.
Key ManagementMarc N. Casper (CEO)
Revenue (US$ Bn)$ 42.8 Billion (2023)
Headcount~ 122,000 (2023)

About Thermo Fisher Scientific

Thermo Fisher Scientific Inc. is at the forefront of DNA sector innovation, recently launching key products like the KingFisher PlasmidPro Maxi Processor for automated plasmid DNA purification and the Applied Biosystems QuantStudio Absolute Q Digital PCR System, enhancing DNA analysis accuracy.

Their RapidHIT ID System revolutionizes forensic DNA profiling with rapid results in 90 minutes. In corporate moves, Thermo Fisher’s acquisition of Olink aims to bolster its proteomics and genomics capabilities, reinforcing its leadership in life sciences.

These initiatives highlight Thermo Fisher’s dedication to advancing DNA technology and meeting the needs of scientific research and clinical diagnostics.

Geographical Presence

Thermo Fisher Scientific Inc. operates globally, with extensive presence across North America, Europe, Asia-Pacific, Latin America, and select markets in the Middle East and Africa.

In North America, it maintains numerous facilities in the United States and Canada. Across Europe, Thermo Fisher has established operations in key countries like the UK, Germany, France, Italy, and the Netherlands.

In Asia-Pacific, it serves markets in China, Japan, India, Australia, and Singapore. In Latin America, the company operates in Brazil, Mexico, Argentina, and Chile.

These locations support Thermo Fisher’s leadership in providing scientific instrumentation and services to diverse industries worldwide.

Recent Development

  • In June 2024, Thermo Fisher Scientific Inc. introduced the Thermo Scientific™ Stellar™ mass spectrometer (MS), renowned for its speed, sensitivity, and user-friendly design.
  • In June 2024, Thermo Fisher Scientific Inc. inaugurated a new ultra-cold facility in the EU, enhancing its clinical trial infrastructure to accelerate advanced therapy development across Europe.


Company Overview

Establishment Year1887
HeadquarterPrinceton, New Jersey, U.S.
Key ManagementChris Boerner (CEO)
Revenue (US$ Bn)$ 45.01 B (2023)
Headcount~ 34,100 (2023)

About Bristol Myers Squibb

Bristol Myers Squibb (BMS) is intensifying its focus on oncology and gene therapies, notably with the recent acquisition of RayzeBio, Inc.

This acquisition bolsters BMS’s oncology portfolio with promising radiopharmaceutical therapeutics like RYZ101, targeting solid tumors through the somatostatin receptor 2 (SSTR2).

BMS has also achieved regulatory milestones, including the approval of Breyanzi, a CAR T cell therapy for mantle cell lymphoma, and Opdivo for treating urothelial carcinoma.

These advancements underscore BMS’s dedication to advancing DNA and cellular therapies to innovate treatments and enhance patient care.

Geographical Presence

Bristol Myers Squibb (BMS), a global biopharmaceutical leader headquartered in the US, has a strong presence across North America, Europe, Asia-Pacific, Latin America, and the Middle East/Africa.

In North America, it operates research facilities and offices across multiple states. In Europe, BMS is active in key markets such as the UK, Germany, France, and Italy.

In Asia-Pacific, it focuses on Japan, China, Australia, and South Korea. BMS also maintains operations in Latin America (Brazil, Mexico, Argentina) and the Middle East/Africa (Saudi Arabia, South Africa, UAE), supporting its global efforts in commercialization, research, and innovation in pharmaceuticals.

Recent Developments

  • In March 2024, Bristol Myers Squibb’s Breyanzi, a CAR T cell therapy that targets CD19, was FDA-approved for adults with relapsed or refractory mantle cell lymphoma (MCL) who have undergone at least two prior systemic therapies, including treatment with a Bruton tyrosine kinase (BTK) inhibitor.
  • In February 2024, Bristol Myers Squibb completed its acquisition of RayzeBio, Inc.


Company Overview

Establishment Year1901
HeadquarterTel Aviv, Israel
Key ManagementRichard Francis (President and CEO)
Revenue (US$ Bn)$ 15.8 Billion (2023)
Headcount~ 35,000 (2023)

About Teva Pharmaceuticals

Teva Pharmaceuticals is expanding its footprint in the DNA sector, focusing on biosimilars and oncology treatments.

Recently, Teva partnered with mAbxience to develop and market a biosimilar for multiple oncology uses, bolstering its biosimilar portfolio.

In the U.S., Teva introduced AUSTEDO® XR, a new extended-release tablet for treating tardive dyskinesia and Huntington’s disease chorea, offering once-daily dosing convenience.

Additionally, Teva and Alvotech gained FDA approval for SIMLANDI®, an interchangeable biosimilar to Humira, providing a more affordable treatment option.

These efforts highlight Teva’s commitment to advancing healthcare solutions through innovation and strategic collaborations.

Geographical Presence

Teva Pharmaceuticals, a global leader in generic drugs, maintains a robust presence across key markets worldwide.

In North America, Teva dominates in the United States and Canada, driving the generics market. Across Europe, it holds a significant market share in countries like Germany and the UK and has a strong presence in Eastern Europe.

In the Asia-Pacific region, Teva operates in Japan, Australia, and India, and local manufacturing and distribution capabilities support it.

In Latin America, Teva serves major markets such as Brazil and Mexico while operating in Israel and several Middle Eastern countries.

This broad geographical footprint enables Teva to deliver a wide range of affordable pharmaceuticals, meeting diverse healthcare needs globally.

Recent Developments

  • In April 2024, Teva Pharmaceuticals shared results from the Phase 4 START study’s HD cohort, indicating favorable real-world outcomes in effectiveness, safety, adherence, and satisfaction with the 4-week Titration Kit for AUSTEDO.
  • In April 2024, Teva Pharmaceuticals and mAbxience, a group majority-owned by Fresenius Kabi with partial ownership by Insud Pharma, signed a strategic licensing deal for a biosimilar currently being developed to treat various oncology conditions.


Company Overview

Establishment Year1896
HeadquarterBasel, Switzerland
Key ManagementThomas Schinecker (CEO)
Revenue (US$ Bn)$ 65.4 Billion (2022)
Headcount~ 122,000 (2022)

About Roche

F. Hoffmann-La Roche AG has been a trailblazer in the DNA sector, particularly in diagnostics and personalized medicine.

Recently, Roche introduced the AVENIO Edge System, an automated platform for next-generation sequencing sample preparation, enhancing sequencing accuracy and supporting precision medicine initiatives.

Additionally, Roche achieved FDA approval for its VENTANA MMR RxDx Panel, a companion diagnostic test for identifying patients eligible for PD-1 inhibitor treatment.

These developments highlight Roche’s commitment to advancing personalized healthcare through innovative diagnostic solutions.

Roche continues to lead in genomic profiling and data analytics, aiming to improve patient outcomes through advanced diagnostic tools and partnerships in real-world data.

Geographical Presence

Roche boasts a robust global presence with headquarters in Basel, Switzerland. It maintains significant operations across Europe, including Germany, France, and the UK.

In North America, Roche conducts extensive research in cities like New York and San Francisco, complemented by manufacturing facilities throughout the U.S. and a strong Canadian market presence.

Across Asia-Pacific, it has expanded into Japan, China, South Korea, and Australia with research centers and distribution networks.

In Latin America, Roche serves markets such as Brazil and Mexico while also operating in key Middle Eastern and African countries like South Africa and Saudi Arabia, ensuring widespread access to its pharmaceuticals and diagnostics.

Recent Developments

  • In December 2021, Roche introduced the AVENIO Edge System as a key part of its efforts to advance sequencing technologies.
  • In August 2021, Roche’s FDA approval of the VENTANA MMR RxDx Panel underscored its dedication to personalized healthcare by identifying patients suitable for specific therapies.


Company Overview

Establishment Year1849
HeadquarterNew York City, U.S.
Key ManagementAlbert Bourla (CEO)
Revenue (US$ Bn)$ 58.5 Billion (2023)
Headcount~ 88,000 (2023)

About Pfizer

Pfizer Inc. is actively advancing in the DNA sector, focusing on innovative therapies and genetic research. Recently, Pfizer partnered with Beam Therapeutics to develop in vivo base editing programs for rare genetic diseases, combining Beam’s mRNA and lipid nanoparticle delivery technologies with Pfizer’s drug development expertise.

Additionally, Pfizer bolstered its oncology portfolio with the acquisition of Seagen, which is expected to add $3.1 billion in revenues in 2024, enhancing its cancer treatment offerings.

Pfizer continues to innovate in DNA-related therapies, including promising results from clinical trials of vepdegestrant combined with palbociclib for advanced breast cancer, demonstrating its commitment to leveraging genetic research for medical advancements.

Geographical Presence

Pfizer Inc., a leading global pharmaceutical company headquartered in New York City, USA, maintains a strong presence across North America, Europe (including key markets like Germany, the UK, France, and Italy), Asia-Pacific (with operations in Japan, China, and India), as well as Latin America and the Middle East (including major markets such as Brazil, Mexico, and Saudi Arabia).

This extensive geographical footprint highlights Pfizer’s global leadership in healthcare, emphasizing commercial strength and research-driven innovation.

Recent Development

  • In May 2024, Arvinas and Pfizer released new clinical findings from a Phase 1b study cohort testing vepdegestrant, an investigational oral estrogen receptor (ER) degrader using PROTAC® technology, in combination with palbociclib (IBRANCE®).
  • In January 2022, Beam Therapeutics and Pfizer entered an exclusive four-year partnership to develop in vivo base editing therapies targeting rare genetic diseases affecting the liver, muscle, and central nervous system.


Company Overview

Establishment Year1984
HeadquarterVenlo, Netherlands
Key ManagementThierry Bernard (CEO)
Revenue (US$ Bn)$ 1.9 Billion (2023)
Headcount~ 5,967 (2023)

About Qiagen

Qiagen NV, a global leader in sample and assay technologies, is expanding its focus on molecular diagnostics and bioinformatics, particularly through its QIAGEN Digital Insights (QDI) business.

This initiative includes launching new products and enhancing existing ones using AI and NLP for genomic data interpretation and precision medicine.

Qiagen has also introduced a new library preparation kit for multi-omic studies and received FDA approval for its QIAstat-Dx test, bolstering its role in rapid respiratory illness diagnosis.

Additionally, Qiagen collaborates with the FBI on a digital PCR forensic test, showcasing its commitment to innovation across DNA analysis applications.

These efforts underscore Qiagen’s commitment to advancing healthcare and research capabilities globally.

Geographical Presence

Qiagen NV, headquartered in the Netherlands, maintains a global presence with significant operations across North America, Europe, Asia-Pacific, Latin America, and select markets in the Middle East and Africa.

In North America, Qiagen serves clinical laboratories and biotech firms, while in Europe, it operates in major countries like Germany and the UK. Across Asia-Pacific, including Japan and China, Qiagen supports molecular diagnostics and research.

In Latin America, it addresses healthcare needs in countries such as Brazil and Mexico. This extensive geographical network enables Qiagen to deliver innovative sample and assay technologies worldwide, supporting healthcare advancements and scientific research globally.

Recent Developments

  • In January 2024, QIAGEN outlined its plan to complete a synthetic share repurchase, aiming to return approximately $300 million to shareholders through a combination of direct capital repayment and a reverse stock split.
  • In January 2024, QIAGEN announced a strategic initiative to increase investments in its market-leading QIAGEN Digital Insights (QDI) business over the next five years.


Company Overview

Establishment Year1994
HeadquarterChicago, Illinois, U.S.
Key ManagementPeter Arduini (CEO)
Revenue (US$ Bn)$ 19.5 Billion (2023)
Headcount~ 51,000 (2023)

About GE Healthcare

GE Healthcare is advancing precision care through innovative technologies and strategic acquisitions. They’ve launched the Vscan Air SL, a handheld wireless ultrasound device for swift cardiac and vascular assessments, providing high-resolution imaging for precise diagnoses at point-of-care.

With the acquisition of MIM Software, GE Healthcare enhances its medical imaging software portfolio, emphasizing precision care.

Partnering with Medis Medical Imaging, they’re developing non-invasive coronary assessments to enhance diagnostic accuracy and treatment outcomes for coronary artery disease, underscoring their commitment to global patient care innovation.

Geographical Presence

GE Healthcare, a subsidiary of General Electric, operates globally and has a significant presence in various regions.

The company’s operations span across North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

GE Healthcare has established a robust network of manufacturing facilities, research centers, and distribution channels worldwide.

This extensive geographical presence allows GE Healthcare to effectively serve healthcare providers and institutions globally, offering a wide range of medical imaging, monitoring, biomanufacturing, and life sciences technologies.

Recent Developments

  • In May 2024, GE Healthcare partnered with Medis Medical Imaging to enhance diagnostic accuracy and treatment for coronary artery disease.
  • In February 2024, GE Healthcare and Biofourmis teamed up to enhance care continuity through safe, effective, and accessible home-based services, expanding support beyond hospitals.
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Trishita Deb

Trishita Deb

Trishita has more than 8+ years of experience in market research and consulting industry. She has worked in various domains including healthcare, consumer goods, and materials. Her expertise lies majorly in healthcare and has worked on more than 400 healthcare reports throughout her career.

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