Global Long Read Sequencing Market
1. Introduction
1.1. Market Definition
1.2. Product Overview
2. Assumptions And Acronyms
3. Research Methodology
4. Executive Summary- Global Long Read Sequencing Market
5. Regulatory Landscape
6. Value Chain Analysis
7. Market Dynamics
7.1. Growth Drivers
7.2. Key Trends
7.3. Key Market Opportunities
7.4. Major Roadblocks For The Market Growth
8. Industry Risk Analysis
8.1. Demand Risk Analysis
8.2. Supply Risk Analysis
9. Evaluation On The Impact Of Covid-19 On The Global Long Read Sequencing Market
10. Global Long Read Sequencing Market
10.1. Market Size (USD million), 2018-2028
> Segmentation by Technology
· Single-molecule Real-time Sequencing (SMRT) and Nanopore Sequencing, Market Size (USD million), 2018-2028
> Segmentation by Product
· Instruments, Consumables and Services, Market Size (USD million), 2018-2028
> Segmentation by Workflow
· Pre-sequencing, Sequencing and Data Analysis, Market Size (USD million), 2018-2028
> Segmentation by Application
· Identification & Fine Mapping Of Structural Variation, Tandem Repeat Sequencing, Pseudogene Discrimination, Resolving Allele Phasing, Reproductive Genomics, Cancer, Viral & Microbial Sequencing and Others, Market Size (USD million), 2018-2028
> Segmentation by End User
· Adult Academic Research, Clinical Research, Hospitals, Clinics, and Pharma & Biotech Entities, Market Size (USD million), 2018-2028
> Segmentation by Region
· North America Long Read Sequencing Market Outlook
§ Segmentation by Technology
o Single-molecule Real-time Sequencing (SMRT) and Nanopore Sequencing, Market Size (USD million), 2018-2028
§ Segmentation by Product
o Instruments, Consumables and Services, Market Size (USD million), 2018-2028
§ Segmentation by Workflow
o Pre-sequencing, Sequencing and Data Analysis, Market Size (USD million), 2018-2028
§ Segmentation by Application
o Identification & Fine Mapping Of Structural Variation, Tandem Repeat Sequencing, Pseudogene Discrimination, Resolving Allele Phasing, Reproductive Genomics, Cancer, Viral & Microbial Sequencing and Others, Market Size (USD million), 2018-2028
§ Segmentation by End User
o Adult Academic Research, Clinical Research, Hospitals, Clinics, and Pharma & Biotech Entities, Market Size (USD million), 2018-2028
§ Segmentation by Country
o U.S. & Canada Long Read Sequencing Market, 2018-2028F (USD million)
· Europe Long Read Sequencing Market Outlook
§ Segmentation by Technology
o Single-molecule Real-time Sequencing (SMRT) and Nanopore Sequencing, Market Size (USD million), 2018-2028
§ Segmentation by Product
o Instruments, Consumables and Services, Market Size (USD million), 2018-2028
§ Segmentation by Workflow
o Pre-sequencing, Sequencing and Data Analysis, Market Size (USD million), 2018-2028
§ Segmentation by Application
o Identification & Fine Mapping Of Structural Variation, Tandem Repeat Sequencing, Pseudogene Discrimination, Resolving Allele Phasing, Reproductive Genomics, Cancer, Viral & Microbial Sequencing and Others, Market Size (USD million), 2018-2028
§ Segmentation by End User
o Adult Academic Research, Clinical Research, Hospitals, Clinics, and Pharma & Biotech Entities, Market Size (USD million), 2018-2028
§ Segmentation by Country
o UK, Germany, France, Italy, Spain, Russia and Rest of Europe Long Read Sequencing Market, 2018-2028F (USD million)
· Asia Pacific Long Read Sequencing Market Outlook
§ Segmentation by Technology
o Single-molecule Real-time Sequencing (SMRT) and Nanopore Sequencing, Market Size (USD million), 2018-2028
§ Segmentation by Product
o Instruments, Consumables and Services, Market Size (USD million), 2018-2028
§ Segmentation by Workflow
o Pre-sequencing, Sequencing and Data Analysis, Market Size (USD million), 2018-2028
§ Segmentation by Application
o Identification & Fine Mapping Of Structural Variation, Tandem Repeat Sequencing, Pseudogene Discrimination, Resolving Allele Phasing, Reproductive Genomics, Cancer, Viral & Microbial Sequencing and Others, Market Size (USD million), 2018-2028
§ Segmentation by End User
o Adult Academic Research, Clinical Research, Hospitals, Clinics, and Pharma & Biotech Entities, Market Size (USD million), 2018-2028
§ Segmentation by Country
o China, India, Japan, South Korea, Australia, Malaysia and Rest of Asia Pacific Long Read Sequencing Market, 2018-2028F (USD million)
· Latin America Long Read Sequencing Market Outlook
§ Segmentation by Technology
o Single-molecule Real-time Sequencing (SMRT) and Nanopore Sequencing, Market Size (USD million), 2018-2028
§ Segmentation by Product
o Instruments, Consumables and Services, Market Size (USD million), 2018-2028
§ Segmentation by Workflow
o Pre-sequencing, Sequencing and Data Analysis, Market Size (USD million), 2018-2028
§ Segmentation by Application
o Identification & Fine Mapping Of Structural Variation, Tandem Repeat Sequencing, Pseudogene Discrimination, Resolving Allele Phasing, Reproductive Genomics, Cancer, Viral & Microbial Sequencing and Others, Market Size (USD million), 2018-2028
§ Segmentation by End User
o Adult Academic Research, Clinical Research, Hospitals, Clinics, and Pharma & Biotech Entities, Market Size (USD million), 2018-2028
§ Segmentation by Country
o Brazil, Mexico & Rest of Latin America Long Read Sequencing Market, 2018-2028F (USD million)
· Middle East & Africa Long Read Sequencing Market Outlook
§ Segmentation by Technology
o Single-molecule Real-time Sequencing (SMRT) and Nanopore Sequencing, Market Size (USD million), 2018-2028
§ Segmentation by Product
o Instruments, Consumables and Services, Market Size (USD million), 2018-2028
§ Segmentation by Workflow
o Pre-sequencing, Sequencing and Data Analysis, Market Size (USD million), 2018-2028
§ Segmentation by Application
o Identification & Fine Mapping Of Structural Variation, Tandem Repeat Sequencing, Pseudogene Discrimination, Resolving Allele Phasing, Reproductive Genomics, Cancer, Viral & Microbial Sequencing and Others, Market Size (USD million), 2018-2028
§ Segmentation by End User
o Adult Academic Research, Clinical Research, Hospitals, Clinics, and Pharma & Biotech Entities, Market Size (USD million), 2018-2028
§ Segmentation by Country
o United Arab Emirates, Saudi Arabia, Israel, South Africa and Rest of Middle East & Africa Long Read Sequencing Market, 2018-2028F (USD million)
11. Competitive Landscape
> Market Share Analysis by Manufacturer
> Company Profiles
· Oxford Nanopore Technologies
· Pacific Biosciences of California, Inc.
· FG Technologies
· Stratos Genomics
· QIAGEN
· Takara Bio Inc.
· Quantapore, Inc.
· BaseClear B.V.
12. Strategic Recommendations
Long Read Sequencing Market size was valued at USD 581.16 million in 2023 and is expected to reach USD 18.31 billion by 2036, expanding at around 30.4% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of long read sequencing is assessed at USD 722.5 million.
The growth of the global long read sequencing market is thriving on the back of the recent advancement in the third-generation long-read sequence analysis technique. The advancement in technology is expected to enhance the screening of the genetic disorders bringing a new era in the field of medical science. Furthermore, the increasing healthcare expenditure in various countries across the world is also expected to promote towards the growth of the global market. Moreover, the market is witnessing a rapid growth currently owing to the significant growth in the prevalence of genetic disorders globally, followed by the rising number of key players operating in the segment which is also resulting in the increase in the number of patients opting for long read sequencing, which is further expected to boost the market growth.
Growth Indicators
Challenges
|
Base Year |
2023 |
|
Forecast Year |
2024-2036 |
|
CAGR |
30.4% |
|
Base Year Market Size (2023) |
USD 581.16 million |
|
Forecast Year Market Size (2036) |
USD 18.31 billion |
|
Regional Scope |
|
The global long read sequencing market has been segmented on the basis of technology into single-molecule real-time sequencing (SMRT) and nanopore sequencing. The single-molecule real-time sequencing (SMRT) segment held the largest market share and reached a market value of USD 527.01 million in the year 2018. Additionally, the segment is expected to achieve a CAGR of 23.68% during the forecast period and cross a value of USD 4438.17 million by the end of 2036. Further, the segment is anticipated to gain an incremental $ opportunity of USD 156.26 million in the year 2020 as compared to the previous year. On the other hand, the segment is also anticipated to grow by 4.42x and further gain an absolute $ opportunity of USD 3435.4 million during the forecast period.
The global long read sequencing market is segmented by regions into North America, Latin America, Europe, Asia-Pacific and Middle East and Africa. Among these regions, North America industry is set to dominate majority revenue share of 40% by 2036. The market in the region is further anticipated to gain an incremental $ opportunity of USD 101.41 million in the year 2020 as compared to the previous year and is further expected to cross USD 2935.15 million by the end of 2036. Additionally, the market in the region is anticipated to grow by 4.56x and gain an absolute $ opportunity of USD 2291.54 million during the forecast period.
February 2020: NuProbe Global has signed an agreement with Oxford Nanopore Technologies. The collaboration will support the expanding use of Oxford Nanopore sequencing in applications such as cancer.
April 2020: Pacific Biosciences of California, Inc. announced that it has added PacBio Sequel II System to the genomics services portfolio of Inqaba Biotec. The Sequel II System offers highly accurate long reads, with 15x more data as compared to the original Sequel System.
Author Credits: Radhika Pawar
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