Long Read Sequencing companies

  • Report ID: 2595
  • Published Date: Jul 28, 2025
  • Report Format: PDF, PPT

Key Long Read Sequencing Market Players:

    The long read sequencing market is becoming competitive, with top players including PacBio and Oxford Nanopore Technologies. These players are dominating the market with innovation via enhanced platforms such as nanopore sequencing and HiFi, mergers, strategic partnerships, and technological integration, including Illumina’s entry into long-read via acquisitions are redefining the landscape. Further companies in Asia, such as BGI Genomics, Strand Life Sciences, and Macrogen, are focusing on affordability and scalability. Whereas companies in Malaysia and South Korea are penetrating the localized market. Many companies are focusing on accuracy, cost efficiency, speed, and expanded clinical adoption on rare diseases, precision medicine, and oncology.

    Below is the list of some prominent players operating in the global market:

    Company Name

    Country of Origin

    2034 Est. Market Share (%)

    Industry Focus

    Pacific Biosciences (PacBio)

    U.S.

    18.9%

    Pioneer in SMRT sequencing; focuses on HiFi long-read sequencing systems.

    Oxford Nanopore Technologies

    UK

    16.5%

    Developer of portable nanopore sequencers (e.g., MinION, PromethION).

    Illumina, Inc.

    U.S.

    13.8%

    Expanding into long-read via Illumina Complete Long Reads and mergers.

    BGI Genomics Co., Ltd.

    China

    9.9%

    Provides long-read solutions via subsidiary MGI using DNBSEQ-T20 sequencer.

    Roche Sequencing Solutions

    Switzerland

    7.2%

    Develops sequencing platforms integrating long-read chemistry & analytics.

    GenapSys, Inc.

    U.S.

    xx%

    Focus on compact and affordable long-read sequencers for clinical research.

    Strand Life Sciences

    India

    xx%

    Offers long-read genomic diagnostics for oncology and rare diseases.

    Quantapore, Inc.

    U.S.

    xx%

    Emerging nanopore sequencing tech with emphasis on scalable throughput.

    Dovetail Genomics

    U.S.

    xx%

    Focuses on genome assembly and structure using long-read-based Hi-C technology.

    Nabsys, Inc.

    U.S.

    xx%

    Specializes in electronic mapping systems for high-resolution long reads.

    Thermo Fisher Scientific

    U.S.

    xx%

    Partnering with other firms to integrate long-read tech into Ion Torrent.

    Hitachi High-Tech Corporation

    Japan

    xx%

    Collaborates on nanopore and single-molecule sequencing systems.

    GenXys Health Care Systems

    Canada

    xx%

    Offers sequencing and precision medicine platforms in clinical settings.

    Macrogen, Inc.

    South Korea

    xx%

    Provides outsourced LRS services for population-scale projects.

    BaseClear B.V.

    Netherlands

    xx%

    Offers microbial genomics and long-read platforms for pharma R&D.

    Biotools Co., Ltd.

    South Korea

    xx%

    Focuses on industrial and agricultural genomics via long-read sequencing.

    GenomixLab Sdn. Bhd.

    Malaysia

    xx%

    Offers genomic diagnostic tools and LRS services in Southeast Asia.

    Nucleome Informatics Pvt. Ltd.

    India

    xx%

    Provides long-read sequencing & analysis for cancer and rare genetic diseases.

    Gene by Gene Ltd.

    U.S.

    xx%

    Delivers consumer and ancestry-focused long-read genome sequencing services.

    Cegat GmbH

    Germany

    xx%

    Offers LRS for rare disease diagnostics and precision medicine.

    Sources: SEC, EMA, EU Commission Health and Food Society, AMED, NMPA, Koreabio, ICMR, MOSTI, EU Research, GenomeWeb

    Below are the areas covered for each company in the market:

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of long read sequencing is assessed at USD 1.9 billion.

Long Read Sequencing Market size was over USD 1.6 billion in 2024 and is anticipated to cross USD 8.7 billion by 2034, witnessing more than 21.6% CAGR during the forecast period i.e., between 2025-2034.

North America industry is predicted to dominate majority revenue share of 39.7% by 2037, North America industry is set to dominate majority revenue share of 17.2% by 2034.

The major players in the market are Pacific Biosciences (PacBio), Oxford Nanopore Technologies, Illumina, Inc., BGI Genomics Co., Ltd., Roche Sequencing Solutions, GenapSys, Inc., Strand Life Sciences, Quantapore, Inc., Dovetail Genomics, Nabsys, Inc., Thermo Fisher Scientific, Hitachi High-Tech Corporation, GenXys Health Care Systems, Macrogen, Inc., BaseClear B.V., Biotools Co., Ltd., GenomixLab Sdn. Bhd. and so on.
Inquiry Before Buying Request Free Sample PDF
footer-bottom-logos