Research Methodology – Sequencing Consumables Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Sequencing Consumables Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Sequencing Consumables Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Volume of sales of Sequencing Consumables.
- Total revenue generated from the Segment.
- The pricing trend of the sequencing consumables.
- Geographical representation and market presence of competitive players.
- Market share of major competitors in the segment.
- Product portfolio and pipeline of the companies.
- Future expenditure on research and development in the segment.
- Consumer demand and consumption rates of sequencing consumables.
Key Market Indicators
- Growth rate and market size of the Sequencing Consumables Market.
- Sales data for the Sequencing Consumables Market.
- Import and export data along with consumption data.
- Trends in government and private investment in genomic research.
- Technological advancements in the field of genomics.
- Consumer spending patterns in the healthcare sector.
- Regional analysis and expansion of the market.
Growth Trends
- Increased investment in genome sequencing projects.
- Growing demand for personalized and precision medicine.
- Technological advancements leading to more efficient and rapid sequencing.
- Increasing applications of genomics in the field of oncology, forensics, agriculture, etc.
- Emerging trends of home-based genetic testing.
- Increasing prevalence of genetic disorders and need for quicker diagnosis.
- Giving importance to prenatal and new-born screening to monitor possible genetic disorders.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Sequencing Consumables Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Sequencing Consumables Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights