Third Generation Sequencing Market, By Type of Technology (Single-molecule real-time (SMRT) sequencing, Nanopore sequencing, Synthetic long-read sequencing), By Component (Products and Services), By Application: (Genome sequencing, Epigenetics, Transcript
Third Generation Sequencing Market, By Type of Technology (Single-molecule real-time (SMRT) sequencing, Nanopore sequencing, Synthetic long-read sequencing), By Component (Products and Services), By Application: (Genome sequencing, Epigenetics, Transcriptomics, Metagenomics, Others), By End-User (Biopharmaceutical companies, Hospitals and clinics, Contract research organizations (CROs), Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East)
Third-generation sequencing (also known as long-read sequencing) is a class of DNA sequencing methods. Third-generation sequencing works by reading nucleotide sequences at a single molecule level, which is capable of producing substantially much longer reads than the current methods. It has the ability to generate longer reads than second-generation sequencing, also known as next-generation sequencing. Moreover, third-generation sequencing has emerged as the ‘gold-standard’ technology for cDNA sequencing.
Market Dynamics:
Rising prevalence of chronic and infectious diseases, increasing applications in clinical diagnosis, growing applications of genomics, rise in focus on drug discovery and development, and growing efficiency compared to traditional technologies are major factors expected to propel growth of the global third generation sequencing market.
For instance, with the rise in burden of chronic disease, the usage or demand for third-generation sequencing technology-based devices is also increasing with a rapid pace. TGS technologies can be utilized in studying gene expression of chronic diseases as it help in understanding their molecular mechanisms. According to the World Health Organization (WHO), September 2023 report, non-communicable diseases (NCDs) kill 41 million individuals each year, equivalent to 74% of all deaths worldwide. Cardiovascular diseases account for most NCD deaths, or 17.9 million people annually, followed by cancers (9.3 million), chronic respiratory diseases (4.1 million), and diabetes (2.0 million).
Moreover, according to the Centers for Disease Control and Prevention (CDC), chronic diseases such as heart disease, cancer, and diabetes are the leading causes of death and disability in the U.S.
Key features of the study:
This report provides in-depth analysis of the global third generation sequencing market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global third generation sequencing market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include PacBio , Oxford Nanopore Technologies, Ltd., BGI Genomics Co., Ltd., F. Hoffmann-La Roche AG, Illumina, Inc., Thermo Fisher Scientific Inc., QIAGEN N.V., Agilent Technologies, Inc., GenapSys Inc., Loop Genomics, Nabsys, Inc., Genia Technologies, Inc., Stratos Genomics, Inc., GATC Biotech AG, and Phase Genomics, Inc., among others
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global third generation sequencing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global third generation sequencing market.
Detailed Segmentation:
By Technology:
Single-Molecule Real-Time (SMRT) Sequencing
Nanopore Sequencing
Synthetic long-read sequencing
By Component:
Products
Instruments
Reagents and consumables
Services
By Application:
Genome Sequencing
Epigenetics
Transcriptomics
Metagenomics
Others
By End-user:
Biopharmaceutical companies
Hospitals and clinics
Contract research organizations (CROs)
Others (Academic and research institutes)
By Geography:
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Company Profiles:
PacBio
Oxford Nanopore Technologies, Ltd.
BGI Genomics Co., Ltd.
F.Hoffmann-La Roche AG
Illumina, Inc.
Thermo Fisher Scientific Inc.
QIAGEN N.V.
Agilent Technologies, Inc.
GenapSys Inc.
Loop Genomics
Nabsys, Inc.
Genia Technologies, Inc.
Stratos Genomics, Inc.
GATC Biotech AG
Phase Genomics, Inc.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Third Generation Sequencing, By Technology
Market Third Generation Sequencing, By Component
Market Third Generation Sequencing, By Application
Market Third Generation Sequencing, By End User
Market Third Generation Sequencing, By Geography
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Growing Demand for Precision Medicine
High Cost & Technical Challenges
Increasing Adoption of TGS Platforms
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Third Generation Sequencing Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Third Generation Sequencing Market, By Technology, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023 - 2030
Segment Trends
Single-molecule real-time (SMRT) sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Nanopore Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Synthetic long-read sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
6. Third Generation Sequencing Market, By Component, 2020-2030, (US$ Mn)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2023 - 2030
Segment Trends
Products
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Instruments
Reagents and consumables
Services
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
7. Third Generation Sequencing Market, By Application, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 - 2030
Segment Trends
Genome Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Epigenetics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Transcriptomics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Metagenomics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
8. Third Generation Sequencing Market, By End User, 2023-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 - 2030
Segment Trends
Biopharmaceutical Companies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Hospitals and Clinics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Contract research Organizations (CROs)
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Mn)
9. Third Generation Sequencing Market, By Geography, 2018-2030, (US$ Mn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2019 - 2030
Segment Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2019 - 2030, (US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2019 - 2030, (US$ Mn)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2019 - 2030, (US$ Mn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2019 - 2030, (US$ Mn)
Brazil
Mexico
Argentina
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2019 - 2030, (US$ Mn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Component, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Mn)
Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2019 - 2030, (US$ Mn)
North Africa
Central Africa
South Africa
10. Competitive Landscape
PacBio
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Oxford Nanopore Technologies, Ltd.
BGI Genomics Co., Ltd.
F. Hoffmann-La Roche AG
Illumina, Inc.
Thermo Fisher Scientific Inc.
QIAGEN N.V.
Agilent Technologies, Inc.
GenapSys Inc.
Loop Genomics
Nabsys, Inc.
Genia Technologies, Inc.
Stratos Genomics, Inc.
GATC Biotech AG
Phase Genomics, Inc.
Analyst Views
11. Section
Research Methodology
About us
*Browse 44 market data tables and 38 figures on "Global Third Generation Sequencing Market” - Europe forecast to 2030