Long Read Sequencing Market Synopsis

Long Read Sequencing Market Size Was Valued at USD 0.59 Billion in 2023, and is Projected to Reach USD 6.74 Billion by 2032, Growing at a CAGR of 30.94% From 2024-2032.

Next-generation sequencing or, more commonly, third generation sequencing is a method that allows data analysis in large quantities. This is a technology in which the DNA particles that are being sequenced are sequenced right in real time and due to this straight sequencing the long reads are generated. These sequencing reactions are released out without the use of PCR amplification often. Long read sequencing majorly includes two techniques: Basically, two main techniques include single molecule real time (SMRT) sequencing and nanopore sequencing.

  • The long read sequencing market is currently growing rapidly due to the ongoing development of the sequencing technologies and higher requirement on the resolution of genomic information. New generation technologies such as long read sequencing provide source data sequencing in the form of analysis of longer DNA fragments which has several competitive advantages over short read sequencing methods. It allows identification of researchers to define complex organelle and chromosomal regions such as structural variations and repetitive sequences that may be difficult for short read. This capability is important in instances such as cancer genomics, rare disease genomics, and agricultural genomics where infrequent but specific genomic regions need to be localized to define disease processes and design relevant therapies.
  • Less exploited as a growth driver is genetics, particularly personalized medicine in which genomic information is vital for designing treatment regimes. With increasing focus on personalized medicine the emphasis on obtaining a large number of comprehensive genomic data which in turn will further fuel the long read sequenced technologies. Current global giants such as PacBio, Oxford Nanopore technologies, and Illumina are constantly pushing their technological limits in order to offer higher accuracy, more samples per run and cheaper sequencers. These improve the capabilities and efficiency, and they will likely extend more applications of long read sequencing in clinical and research diagnosis.
  • Furthermore, the market for long read sequencing is quite concentrated and involves various hierarchal partnerships among academies, bioinformatics companies, and other healthcare facilities. All of these partnerships are strictly partnership-based efforts to capitalize on each member’s strengths to foster research programmes as well as product innovation. The availability of research funding in Genomics is also expected to rise in the future along with the number of existing and new research projects in Genomics are expected to drive the market. Apart from this, the increase in the understanding of genomics importance in disease risk mitigation and inclusive control will also improve the market’s growth in the future years.
  • Regionally, North America has the largest share of the long read sequencing market due to home grown research organisations and biotechnology firms. On the other hand, Asia-Pacific region is expected to experience the highest growth rate since there is growing funding in genomics and because there is expansion of health care systems in the Asia-Pacific region. Since the usage of advanced sequencing technologies is increasing at a rapid pace across the world, the long read sequencing market has the potential to progress even further and will upgrade the genomic studies and individuals in the impending years.

Long Read Sequencing Market Trend Analysis

The Impact of Long Read Sequencing Technologies on Genomic Research

  • Long read sequencing technologies – a relatively new class of sequencing instruments Pacific Biosciences (PacBio) and Oxford Nanopore Technologies – enabled much longer reads across entire genomes than short read sequencing technologies.. This increased read length also improves genome assembly eventually and especially in regions in the genome with many repeats. Therefore, long read sequencing is inevitable in the current genomics studies where applications such de novo genome assembly, structural variation, and metagenomics all require the comprehension of the entire genomic organization.• The trend of rising complexity in genomic information for various purposes including agriculture, cancer studies and identification of infectious diseases and germplasm characterization has also fueled the popularity of the long read sequencing technologies.ly longer DNA fragments compared to traditional short read sequencing methods. This extended read length enhances the accuracy of genome assembly, particularly in complex genomic regions characterized by repetitive sequences. As a result, long read sequencing has become indispensable for a variety of applications, including de novo genome assembly, structural variation analysis, and metagenomics studies, where understanding the complete genomic context is crucial.
  • The increasing demand for comprehensive genomic information across diverse fields—such as agriculture, cancer research, and infectious disease monitoring—has further accelerated the adoption of long read sequencing technologies. Scientists and practitioners are aware of the possibilities, which open these innovative techniques for detailed studies of genetic differences and creation of individual approaches to therapy. With time and cost factors further reducing the technology, long read sequencing will go further in improving a greater understanding of complex biosystems as well as improve clinical diagnosis.

Advancements and Accessibility in Long Read Sequencing Technologies

  • High costs have been a barrier to the adoption of long read sequencing technologies, but due to the reduced costs that are being experienced today, the technologies are being embraced throughout the scientific community. While the cost of sequencing per base is decreasing progressively, it opens up the option to many researchers and institution to avail these sophisticated technologies and thus increasing the throughput and capacity multifold. Not only does this trend enable broader consumers to obtain good quality genomic data, it also invites increased investigation into intricate biological queries that cannot be addressed with only short read sequencing. Consequently, the costs have been scaled down for even more uses, and long read sequencing offers extensible opportunities to diverse fields of research.
  • Moreover, the application of artificial intelligence and machine learning in data analysis surrounding long read sequencing is improving the process of result interpretation. Such advanced analytical tools are beneficial in differentiating between various genetic variants and enhance the general performance of the other genetic evaluations with regard to overall performance, thereby enabling the researchers to come up with more accurate conclusions regarding large sets within a short span. Because academic and clinical institutions have identified the application of long read sequencing in resolve most genetic challenges, the market is expected to grow rapidly. New applications in areas of high stakes like prenatal testing, diagnosing of rare genetic disorders and microbiome profiling also epitomize the disruptive potential of this advancement in genomics and field of personalized medicine.

Long Read Sequencing Market Segment Analysis:

Long Read Sequencing Market Segmented based on By Technology, By Product, By Work Flow, By Application, By End-User.

By Technology, Nanopore Sequencing segment is expected to dominate the market during the forecast period

  • Nanopore sequencing is a new generation technique used in sequential analysis of DNA and RNA molecules on the basis of changes in ionic current through a nanopore.. Here several main advantages of this approach have been outlined: first, the possibility to obtain sequences of adequate length; second, the transportability of the sequencing devices, in particular, for the field use. Balancing from genotype to phenotype, one of the most exciting prospects about nanopore sequencing is its ability to sequence native RNA molecules in their original form rather than amplifying first and then sequencing as most of other sequencing platforms. These features make nanopore sequencing a good solution in a number of applications including metagenomics, WGS, and pathogen identification, where speed and accuracy are of paramount importance.• Increasing popularity of nanopore sequencing technology becomes evident due to its relatively low cost and short time needed to complete the sequence the genome, within which a large amount of testing can be completed.ve approach offers several significant advantages, including the ability to produce long read lengths and the portability of the sequencing devices, making them suitable for field applications. One of the standout features of nanopore sequencing is its capacity to directly sequence native RNA molecules without the need for amplification, which minimizes potential biases and errors introduced during the sample preparation process. These characteristics position nanopore sequencing as an attractive option in various applications, including metagenomics, whole-genome sequencing, and pathogen identification, where accurate and rapid analysis is critical.
  • The growing adoption of nanopore sequencing technology is driven by its cost-effectiveness and rapid turnaround time, enabling researchers to conduct extensive genomic analyses with relative ease. Since the capabilities of the technology are still developing, it is anticipated that nanopore sequencing will increasingly be incorporated into clinical diagnostics. Because of its ability to generate accurate and quickly summarized genomic data, it will help enhance patient experiences as part of application areas such as epidemiology and pharmacogenomics. In conclusion, nanopore sequencing bears significant potential for being a revolutionary technique to drive developments in the field of genomics and in the practical clinical practice in the molecular analysis of biomolecular data.

By End-User, Hospitals and Clinics segment held the largest share in 2023

  • They are now the primary end-users of genomic technologies incorporating them in a number of diagnostic functions and as part of personalized medicine strategies designed to improve the client outcome. The addition of genomic information in the working procedure has brought radical changes into practices of healthcare as it has made it easier for the physicians to understand the condition of patient’s condition in view of their genes and treat the patient accordingly. This transition also occurs in the prevention and diagnosis of diseases, and with the help of genetic tests, clinicians can compare a patient’s genome to reveal risk factors for specific diseases, so that necessary measures can be taken as soon as possible. Still as genomics infiltrates the clinic setting, the importance of this technology in enhancing the quality of patients’ lives is slowly coming to the light.
  • The increasing use of genomic testing in hospitals is also a factor for growth in sequence-based technologies as well as in associated services. Indeed, as more health care organizations seek to address the question of how to apply precision medicine concepts to overall healthcare provision, the use of genomic information in determining treatment regimes and dosing is gaining importance. This change is attributable to the general trend towards more informed healthcare systems, where genomic data enrich the client’s clinical information and improve the quality of care. As a result, financial expenditures for genomic development in hospitals and clinics are expected to skyrocket, thus proving that healthcare facilities must have a genomic edge at all times so they can provide sufficient, unmatched care to each individual.

Long Read Sequencing Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

  • North America is significant in the LRS market owing to sound regulatory framework and robust research base as well as high investment in biotechnology.. Strong presence of key market players like Pacific Biosciences and Oxford Nanopore Technologies is the key factor for the region as it helps foster the creation and marketing of advanced next gen sequencing solutions. These firms are currently leading the way in efforts to incorporate long read sequencing into a wide variety of uses including research and diagnostics. Also, the favourable legislation and the funding projects provided by governmental organizations like the National Institutes of Health (NIH) strengthen the research area, as well as both university and business institutions to carry out new-genomic studies.• Further, it is found that the incidence rate of genomic disorders is much higher in North America and hence solutions for diagnostics and development of personalized medicine using LRS technologies are highly sought after.t players, such as Pacific Biosciences and Oxford Nanopore Technologies, contributes to the region's dominance, facilitating the development and commercialization of innovative sequencing technologies. These companies are at the forefront of integrating long read sequencing into various applications, ranging from basic research to clinical diagnostics. Additionally, the supportive regulatory environment and funding initiatives from government bodies such as the National Institutes of Health (NIH) enhance the research landscape, encouraging both academic and commercial enterprises to pursue cutting-edge genomic studies.
  • Moreover, the high prevalence of genomic disorders in North America drives the urgent need for effective diagnostic tools and personalized medicine solutions, further boosting the adoption of LRS technologies. More and more scientists and physicians appreciate the potential of long read sequencing in offering broad views of genomic backgrounds which will be valuable for studying multifactorial diseases such as cancer and many genetic disorders. The engagement of the clinician scientists from bench to bedside and with other major academic health science centres, teaching hospitals and commercial parties contributes to a neiche environment for clinically relevant genomic research. Thus, the role of North America as the global leader in offering opportunities to improve long-read sequencing and contribute to the development of innovative genomics-derived health care solutions will remain strong as the demand for accurate genomic data increases.

Active Key Players in the Long Read Sequencing Market

  • Illumina, Inc. (U.S.)
  • MicrobesNG (U.S.)
  • Roche Sequencing (U.S.)
  • F. Hoffmann-La Roche Ltd. (Switzerland)
  • PacBio (U.S.)
  • Oxford Nanopore Technologies plc (U.K.)
  • Quantapore, Inc. (U.S.)
  • FG Technologies (Switzerland)
  • BaseClear B.V (Netherlands)
  • INSTITUTE OF INTEGRATIVE CELL BIOLOGY AND PHYSIOLOGY (France)
  • The Garvan Institute (Australia)
  • France Génomique (France)
  • Takara Holdings Inc. (Japan)
  • Genexa AG (Switzerland)
  • Other Key Players

Global Long Read Sequencing Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 0.59  Bn.

Forecast Period 2023-34 CAGR:

30.94%

Market Size in 2032:

USD 6.74 Bn.

Segments Covered:

By Technology

  • Nanopore Sequencing
  • Single Molecule Real Time Sequencing (SMRT)

By Product

  • Consumables
  • Instruments
  • Services

By Work Flow

  • Sequencing
  • Data Analysis
  • Pre-Sequencing

By Application

  • Tandem Repeat Sequencing
  • Identification and Fine Mapping of Structural Variation
  • Viral and Microbial Sequencing
  • Reproductive Genomics
  • Pseudogene Discrimination
  • Others

By End-User

  • Hospitals and Clinics
  • Pharmaceutical and Biotechnology Industry
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Surge in Incidences of Genetic Disorders

Key Market Restraints:

  • Higher Cost per Base Relative to Short Read Sequencing

Key Opportunities:

  • Rising Investments for R & D Activities

Companies Covered in the report:

  • Illumina, Inc. (U.S.), MicrobesNG (U.S.), Roche Sequencing (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), PacBio (U.S.), Oxford Nanopore Technologies plc (U.K.), Quantapore, Inc.(U.S.), FG Technologies (Switzerland), BaseClearB.V (Netherlands), INSTITUTE OF INTEGRATIVE CELL BIOLOGY AND PHYSIOLOGY (France), The Garvan Institute (Australia), France Génomique (France), Takara Holdings Inc. (Japan), Genexa AG (Switzerland) and among others

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Long Read Sequencing Market by Technology
 4.1 Long Read Sequencing Market Snapshot and Growth Engine
 4.2 Long Read Sequencing Market Overview
 4.3 Single-Molecule Real-Time Sequencing
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Single-Molecule Real-Time Sequencing: Geographic Segmentation Analysis
 4.4 Nanopore Sequencing
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Nanopore Sequencing: Geographic Segmentation Analysis
 4.5 Synthetic Long Read Sequencing
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Synthetic Long Read Sequencing: Geographic Segmentation Analysis
 4.6 Others
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Others: Geographic Segmentation Analysis

Chapter 5: Long Read Sequencing Market by Product
 5.1 Long Read Sequencing Market Snapshot and Growth Engine
 5.2 Long Read Sequencing Market Overview
 5.3 Instruments
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Instruments: Geographic Segmentation Analysis
 5.4 Consumables
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Consumables: Geographic Segmentation Analysis
 5.5 Services
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Services: Geographic Segmentation Analysis

Chapter 6: Long Read Sequencing Market by Application
 6.1 Long Read Sequencing Market Snapshot and Growth Engine
 6.2 Long Read Sequencing Market Overview
 6.3 Whole Genome Sequencing
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Whole Genome Sequencing: Geographic Segmentation Analysis
 6.4 Epigenetics
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Epigenetics: Geographic Segmentation Analysis
 6.5 RNA Sequencing
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 RNA Sequencing: Geographic Segmentation Analysis
 6.6 Complex Population
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Complex Population: Geographic Segmentation Analysis
 6.7 Targeted Sequencing
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Targeted Sequencing: Geographic Segmentation Analysis
 6.8 Others
  6.8.1 Introduction and Market Overview
  6.8.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.8.3 Key Market Trends, Growth Factors and Opportunities
  6.8.4 Others: Geographic Segmentation Analysis

Chapter 7: Long Read Sequencing Market by Workflow
 7.1 Long Read Sequencing Market Snapshot and Growth Engine
 7.2 Long Read Sequencing Market Overview
 7.3 Pre-Sequencing
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Pre-Sequencing: Geographic Segmentation Analysis
 7.4 Sequencing
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Sequencing: Geographic Segmentation Analysis
 7.5 Data Analysis
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Data Analysis: Geographic Segmentation Analysis

Chapter 8: Long Read Sequencing Market by End-user
 8.1 Long Read Sequencing Market Snapshot and Growth Engine
 8.2 Long Read Sequencing Market Overview
 8.3 Academic & Research Institutes
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Academic & Research Institutes: Geographic Segmentation Analysis
 8.4 Clinical Laboratories
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Clinical Laboratories: Geographic Segmentation Analysis
 8.5 Hospitals
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Hospitals: Geographic Segmentation Analysis
 8.6 Pharma & Biotech Entities
  8.6.1 Introduction and Market Overview
  8.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  8.6.3 Key Market Trends, Growth Factors and Opportunities
  8.6.4 Pharma & Biotech Entities: Geographic Segmentation Analysis
 8.7 Others
  8.7.1 Introduction and Market Overview
  8.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  8.7.3 Key Market Trends, Growth Factors and Opportunities
  8.7.4 Others: Geographic Segmentation Analysis

Chapter 9: Company Profiles and Competitive Analysis
 9.1 Competitive Landscape
  9.1.1 Competitive Benchmarking
  9.1.2 Long Read Sequencing Market Share by Manufacturer (2023)
  9.1.3 Industry BCG Matrix
  9.1.4 Heat Map Analysis
  9.1.5 Mergers and Acquisitions
  
 9.2 ILLUMINA INC (US)
  9.2.1 Company Overview
  9.2.2 Key Executives
  9.2.3 Company Snapshot
  9.2.4 Role of the Company in the Market
  9.2.5 Sustainability and Social Responsibility
  9.2.6 Operating Business Segments
  9.2.7 Product Portfolio
  9.2.8 Business Performance
  9.2.9 Key Strategic Moves and Recent Developments
  9.2.10 SWOT Analysis
 9.3 MICROBESNG (US)
 9.4 ROCHE SEQUENCING (US)
 9.5 F HOFFMANN-LA ROCHE LTD (SWITZERLAND)
 9.6 PACBIO (US)
 9.7 OXFORD NANOPORE TECHNOLOGIES PLC (UK)
 9.8 QUANTAPORE INC (US)
 9.9 FG TECHNOLOGIES (SWITZERLAND)
 9.10 BASECLEAR BV (NETHERLANDS)
 9.11 INSTITUTE OF INTEGRATIVE CELL BIOLOGY AND PHYSIOLOGY (FRANCE)
 9.12 THE GARVAN INSTITUTE (AUSTRALIA)
 9.13 FRANCE GÉNOMIQUE (FRANCE)
 9.14 TAKARA HOLDINGS INC (JAPAN)
 9.15 GENEXA AG (SWITZERLAND)
 9.16 OTHER KEY PLAYERS

Chapter 10: Global Long Read Sequencing Market By Region
 10.1 Overview
10.2. North America Long Read Sequencing Market
  10.2.1 Key Market Trends, Growth Factors and Opportunities
  10.2.2 Top Key Companies
  10.2.3 Historic and Forecasted Market Size by Segments
  10.2.4 Historic and Forecasted Market Size By Technology
  10.2.4.1 Single-Molecule Real-Time Sequencing
  10.2.4.2 Nanopore Sequencing
  10.2.4.3 Synthetic Long Read Sequencing
  10.2.4.4 Others
  10.2.5 Historic and Forecasted Market Size By Product
  10.2.5.1 Instruments
  10.2.5.2 Consumables
  10.2.5.3 Services
  10.2.6 Historic and Forecasted Market Size By Application
  10.2.6.1 Whole Genome Sequencing
  10.2.6.2 Epigenetics
  10.2.6.3 RNA Sequencing
  10.2.6.4 Complex Population
  10.2.6.5 Targeted Sequencing
  10.2.6.6 Others
  10.2.7 Historic and Forecasted Market Size By Workflow
  10.2.7.1 Pre-Sequencing
  10.2.7.2 Sequencing
  10.2.7.3 Data Analysis
  10.2.8 Historic and Forecasted Market Size By End-user
  10.2.8.1 Academic & Research Institutes
  10.2.8.2 Clinical Laboratories
  10.2.8.3 Hospitals
  10.2.8.4 Pharma & Biotech Entities
  10.2.8.5 Others
  10.2.9 Historic and Forecast Market Size by Country
  10.2.9.1 US
  10.2.9.2 Canada
  10.2.9.3 Mexico
10.3. Eastern Europe Long Read Sequencing Market
  10.3.1 Key Market Trends, Growth Factors and Opportunities
  10.3.2 Top Key Companies
  10.3.3 Historic and Forecasted Market Size by Segments
  10.3.4 Historic and Forecasted Market Size By Technology
  10.3.4.1 Single-Molecule Real-Time Sequencing
  10.3.4.2 Nanopore Sequencing
  10.3.4.3 Synthetic Long Read Sequencing
  10.3.4.4 Others
  10.3.5 Historic and Forecasted Market Size By Product
  10.3.5.1 Instruments
  10.3.5.2 Consumables
  10.3.5.3 Services
  10.3.6 Historic and Forecasted Market Size By Application
  10.3.6.1 Whole Genome Sequencing
  10.3.6.2 Epigenetics
  10.3.6.3 RNA Sequencing
  10.3.6.4 Complex Population
  10.3.6.5 Targeted Sequencing
  10.3.6.6 Others
  10.3.7 Historic and Forecasted Market Size By Workflow
  10.3.7.1 Pre-Sequencing
  10.3.7.2 Sequencing
  10.3.7.3 Data Analysis
  10.3.8 Historic and Forecasted Market Size By End-user
  10.3.8.1 Academic & Research Institutes
  10.3.8.2 Clinical Laboratories
  10.3.8.3 Hospitals
  10.3.8.4 Pharma & Biotech Entities
  10.3.8.5 Others
  10.3.9 Historic and Forecast Market Size by Country
  10.3.9.1 Bulgaria
  10.3.9.2 The Czech Republic
  10.3.9.3 Hungary
  10.3.9.4 Poland
  10.3.9.5 Romania
  10.3.9.6 Rest of Eastern Europe
10.4. Western Europe Long Read Sequencing Market
  10.4.1 Key Market Trends, Growth Factors and Opportunities
  10.4.2 Top Key Companies
  10.4.3 Historic and Forecasted Market Size by Segments
  10.4.4 Historic and Forecasted Market Size By Technology
  10.4.4.1 Single-Molecule Real-Time Sequencing
  10.4.4.2 Nanopore Sequencing
  10.4.4.3 Synthetic Long Read Sequencing
  10.4.4.4 Others
  10.4.5 Historic and Forecasted Market Size By Product
  10.4.5.1 Instruments
  10.4.5.2 Consumables
  10.4.5.3 Services
  10.4.6 Historic and Forecasted Market Size By Application
  10.4.6.1 Whole Genome Sequencing
  10.4.6.2 Epigenetics
  10.4.6.3 RNA Sequencing
  10.4.6.4 Complex Population
  10.4.6.5 Targeted Sequencing
  10.4.6.6 Others
  10.4.7 Historic and Forecasted Market Size By Workflow
  10.4.7.1 Pre-Sequencing
  10.4.7.2 Sequencing
  10.4.7.3 Data Analysis
  10.4.8 Historic and Forecasted Market Size By End-user
  10.4.8.1 Academic & Research Institutes
  10.4.8.2 Clinical Laboratories
  10.4.8.3 Hospitals
  10.4.8.4 Pharma & Biotech Entities
  10.4.8.5 Others
  10.4.9 Historic and Forecast Market Size by Country
  10.4.9.1 Germany
  10.4.9.2 UK
  10.4.9.3 France
  10.4.9.4 Netherlands
  10.4.9.5 Italy
  10.4.9.6 Russia
  10.4.9.7 Spain
  10.4.9.8 Rest of Western Europe
10.5. Asia Pacific Long Read Sequencing Market
  10.5.1 Key Market Trends, Growth Factors and Opportunities
  10.5.2 Top Key Companies
  10.5.3 Historic and Forecasted Market Size by Segments
  10.5.4 Historic and Forecasted Market Size By Technology
  10.5.4.1 Single-Molecule Real-Time Sequencing
  10.5.4.2 Nanopore Sequencing
  10.5.4.3 Synthetic Long Read Sequencing
  10.5.4.4 Others
  10.5.5 Historic and Forecasted Market Size By Product
  10.5.5.1 Instruments
  10.5.5.2 Consumables
  10.5.5.3 Services
  10.5.6 Historic and Forecasted Market Size By Application
  10.5.6.1 Whole Genome Sequencing
  10.5.6.2 Epigenetics
  10.5.6.3 RNA Sequencing
  10.5.6.4 Complex Population
  10.5.6.5 Targeted Sequencing
  10.5.6.6 Others
  10.5.7 Historic and Forecasted Market Size By Workflow
  10.5.7.1 Pre-Sequencing
  10.5.7.2 Sequencing
  10.5.7.3 Data Analysis
  10.5.8 Historic and Forecasted Market Size By End-user
  10.5.8.1 Academic & Research Institutes
  10.5.8.2 Clinical Laboratories
  10.5.8.3 Hospitals
  10.5.8.4 Pharma & Biotech Entities
  10.5.8.5 Others
  10.5.9 Historic and Forecast Market Size by Country
  10.5.9.1 China
  10.5.9.2 India
  10.5.9.3 Japan
  10.5.9.4 South Korea
  10.5.9.5 Malaysia
  10.5.9.6 Thailand
  10.5.9.7 Vietnam
  10.5.9.8 The Philippines
  10.5.9.9 Australia
  10.5.9.10 New Zealand
  10.5.9.11 Rest of APAC
10.6. Middle East & Africa Long Read Sequencing Market
  10.6.1 Key Market Trends, Growth Factors and Opportunities
  10.6.2 Top Key Companies
  10.6.3 Historic and Forecasted Market Size by Segments
  10.6.4 Historic and Forecasted Market Size By Technology
  10.6.4.1 Single-Molecule Real-Time Sequencing
  10.6.4.2 Nanopore Sequencing
  10.6.4.3 Synthetic Long Read Sequencing
  10.6.4.4 Others
  10.6.5 Historic and Forecasted Market Size By Product
  10.6.5.1 Instruments
  10.6.5.2 Consumables
  10.6.5.3 Services
  10.6.6 Historic and Forecasted Market Size By Application
  10.6.6.1 Whole Genome Sequencing
  10.6.6.2 Epigenetics
  10.6.6.3 RNA Sequencing
  10.6.6.4 Complex Population
  10.6.6.5 Targeted Sequencing
  10.6.6.6 Others
  10.6.7 Historic and Forecasted Market Size By Workflow
  10.6.7.1 Pre-Sequencing
  10.6.7.2 Sequencing
  10.6.7.3 Data Analysis
  10.6.8 Historic and Forecasted Market Size By End-user
  10.6.8.1 Academic & Research Institutes
  10.6.8.2 Clinical Laboratories
  10.6.8.3 Hospitals
  10.6.8.4 Pharma & Biotech Entities
  10.6.8.5 Others
  10.6.9 Historic and Forecast Market Size by Country
  10.6.9.1 Turkey
  10.6.9.2 Bahrain
  10.6.9.3 Kuwait
  10.6.9.4 Saudi Arabia
  10.6.9.5 Qatar
  10.6.9.6 UAE
  10.6.9.7 Israel
  10.6.9.8 South Africa
10.7. South America Long Read Sequencing Market
  10.7.1 Key Market Trends, Growth Factors and Opportunities
  10.7.2 Top Key Companies
  10.7.3 Historic and Forecasted Market Size by Segments
  10.7.4 Historic and Forecasted Market Size By Technology
  10.7.4.1 Single-Molecule Real-Time Sequencing
  10.7.4.2 Nanopore Sequencing
  10.7.4.3 Synthetic Long Read Sequencing
  10.7.4.4 Others
  10.7.5 Historic and Forecasted Market Size By Product
  10.7.5.1 Instruments
  10.7.5.2 Consumables
  10.7.5.3 Services
  10.7.6 Historic and Forecasted Market Size By Application
  10.7.6.1 Whole Genome Sequencing
  10.7.6.2 Epigenetics
  10.7.6.3 RNA Sequencing
  10.7.6.4 Complex Population
  10.7.6.5 Targeted Sequencing
  10.7.6.6 Others
  10.7.7 Historic and Forecasted Market Size By Workflow
  10.7.7.1 Pre-Sequencing
  10.7.7.2 Sequencing
  10.7.7.3 Data Analysis
  10.7.8 Historic and Forecasted Market Size By End-user
  10.7.8.1 Academic & Research Institutes
  10.7.8.2 Clinical Laboratories
  10.7.8.3 Hospitals
  10.7.8.4 Pharma & Biotech Entities
  10.7.8.5 Others
  10.7.9 Historic and Forecast Market Size by Country
  10.7.9.1 Brazil
  10.7.9.2 Argentina
  10.7.9.3 Rest of SA

Chapter 11 Analyst Viewpoint and Conclusion
11.1 Recommendations and Concluding Analysis
11.2 Potential Market Strategies

Chapter 12 Research Methodology
12.1 Research Process
12.2 Primary Research
12.3 Secondary Research
 

Global Long Read Sequencing Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 0.59  Bn.

Forecast Period 2023-34 CAGR:

30.94%

Market Size in 2032:

USD 6.74 Bn.

Segments Covered:

By Technology

  • Nanopore Sequencing
  • Single Molecule Real Time Sequencing (SMRT)

By Product

  • Consumables
  • Instruments
  • Services

By Work Flow

  • Sequencing
  • Data Analysis
  • Pre-Sequencing

By Application

  • Tandem Repeat Sequencing
  • Identification and Fine Mapping of Structural Variation
  • Viral and Microbial Sequencing
  • Reproductive Genomics
  • Pseudogene Discrimination
  • Others

By End-User

  • Hospitals and Clinics
  • Pharmaceutical and Biotechnology Industry
  • Others

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Surge in Incidences of Genetic Disorders

Key Market Restraints:

  • Higher Cost per Base Relative to Short Read Sequencing

Key Opportunities:

  • Rising Investments for R & D Activities

Companies Covered in the report:

  • Illumina, Inc. (U.S.), MicrobesNG (U.S.), Roche Sequencing (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), PacBio (U.S.), Oxford Nanopore Technologies plc (U.K.), Quantapore, Inc.(U.S.), FG Technologies (Switzerland), BaseClearB.V (Netherlands), INSTITUTE OF INTEGRATIVE CELL BIOLOGY AND PHYSIOLOGY (France), The Garvan Institute (Australia), France Génomique (France), Takara Holdings Inc. (Japan), Genexa AG (Switzerland) and among others
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Frequently Asked Questions :

What would be the forecast period in the Long Read Sequencing Market research report?

The forecast period in the Market research report is 2024-2032.

Who are the key players in the Long Read Sequencing Market?

Illumina, Inc. (U.S.), MicrobesNG (U.S.), Roche Sequencing (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), PacBio (U.S.), Oxford Nanopore Technologies plc (U.K.), Quantapore, Inc.(U.S.), FG Technologies (Switzerland), BaseClearB.V (Netherlands), INSTITUTE OF INTEGRATIVE CELL BIOLOGY AND PHYSIOLOGY (France), The Garvan Institute (Australia), France Génomique (France), Takara Holdings Inc. (Japan), Genexa AG (Switzerland) and among others

What are the segments of the Long Read Sequencing Market?

The Long Read Sequencing Market is segmented into By Technology, By Product, By Work Flow, By Application, By End-User and region.By Technology, the market is categorized into Single-Molecule Real- Time Sequencing, Nanopore Sequencing, Synthetic Long Read Sequencing and Others. By Product, the market is categorized into Instruments, Consumables and Services.By Work Flow, the market is categorized into Pre-Sequencing, Sequencing and Data Analysis.By Application, the market is categorized into Whole Genome Sequencing, Epigenetics, RNA Sequencing, Complex Population, Targeted Sequencing and Others.By End-User, the market is categorized into Academic and Research Institutes, Clinical Laboratories, Hospitals, Pharma and Biotech Entities and Others.By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Long Read Sequencing Market?

Whole genome sequencing or third generation sequencing is a method of analyzing large volume of data. This is a technology in which DNA particles are sequenced right in real time and owing to this direct sequencing, the long reads are generated. These sequencing reactions are approved out without PCR amplification are often. Long read sequencing majorly includes two techniques: next Generation sequencing platforms such as single molecule real time (SMRT) sequencing and nanopore sequencing.

How big is the Long Read Sequencing Market?

Long Read Sequencing Market Size Was Valued at USD 0.59 Billion in 2023, and is Projected to Reach USD 6.74 Billion by 2032, Growing at a CAGR of 30.94% From 2024-2032.