Global Long Read Sequencing Market

Global Long Read Sequencing Market, By Technology (Single Molecule Real-Time (SMRT) Sequencing, Nanopore Sequencing), By Product (Systems, Consumables), By Application (DNA Sequencing, RNA Sequencing, Epigenetics), By End User (Pharmaceutical & Biotechnology Companies, CDMO, Academic & Research Institutes), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)


Long read sequencing which is also known as third-generation sequencing, allows sequencing of longer deoxyribonucleic acid (DNA) fragments as compared to traditional short read sequencing technologies. There are two main products in the long read sequencing market - PacBio sequencing systems and Oxford nanopore sequencing systems.

PacBio sequencing systems use single-molecule real-time (SMRT) sequencing to read entire DNA molecules. This method detects fluorescence from individual DNA polymerase complexes to determine the sequence in real time as synthesis occurs. The advantage is that it can generate read lengths of 10-20kb on average, which is useful for sequencing complex genomes and determining haplotypes. However, it has a higher error rate of 15% as compared to short read technologies. Oxford nanopore sequencing systems are based on protein nanopores and can read DNA strands passing through these nanopores. It can produce very long reads in the range of 50kb-1Mb. Though the error rate is higher at 6-15%, ongoing developments aim to reduce it. An added advantage is that the portable MinION device allows real-time and off-grid sequencing.

Long read sequencing technologies have enabled sequencing of much longer fragments as compared to short read methods. While error rates are still relatively high, ongoing research promises to reduce it further and allow more accurate assembly of complex genomes.

Market Dynamics:

Increasing novel product launches by the market players and increasing funding for the research and development (R&D) of innovative products is expected to drive the market growth over the forecast period.

Key Features of the Study:
  • This report provides an in-depth analysis of the global long read sequencing market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year
  • It elucidates potential revenue growth 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 long read sequencing market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Illumina Inc., Pacific Biosciences, Oxford Nanopore Technologies, PerkinElmer, Stratos Genomics, Phase Genomics, 10x Genomics, Genapys, Bionano Genomics, and Other Prominent Players
  • 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
  • Global long read 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 long read sequencing market
Detailed Segmentation:
  • Global Long Read Sequencing Market, By Technology
  • Single Molecule Real-Time (SMRT) Sequencing
  • Nanopore Sequencing
  • Global Long Read Sequencing Market, By Product
  • Systems
  • Consumables
  • Global Long Read Sequencing Market, By Application
  • DNA Sequencing
  • RNA Sequencing
  • Epigenetics
  • Global Long Read Sequencing Market, By End User
  • Pharmaceutical & Biotechnology Companies
  • CDMO
  • Academic & Research Institutes
  • Global Long Read Sequencing Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Top Companies in the Global Long Read Sequencing Market:
  • Illumina Inc.
  • Pacific Biosciences
  • Oxford Nanopore Technologies
  • PerkinElmer
  • Stratos Genomics
  • Phase Genomics
  • 10x Genomics
  • Genapys
  • Bionano Genomics
  • Other Prominent Players


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Technology
Market Snippet, By Product
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Increasing applications in DNA sequencing
Increasing funding and investments
Key Highlights
Regulatory Scenario
Recent Trends
PEST Analysis
PORTER’s Analysis
Mergers, Acquisitions, and Collaborations
4. Global Long Read Sequencing Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Long Read Sequencing Market, By Technology, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031(%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Single Molecule Real-Time (SMRT) Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
Nanopore Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
6. Global Long Read Sequencing Market, By Product, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031(%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
Consumables
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
7. Global Long Read Sequencing Market, By Application, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031(%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
DNA Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
RNA Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
Epigenetics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
8. Global Long Read Sequencing Market, By End User, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, 2024 and 2031(%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Pharmaceutical & Biotechnology Companies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
CDMO
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
Academic & Research Institutes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2019-2031,(US$ Mn)
9. Global Long Read Sequencing Market, By Region, 2019-2031, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2024 and 2031(%)
Y-o-Y Growth Analysis, For Region, 2020–2031
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2031,(US$ Mn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2019-2031,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2019-2031,(US$ Mn)
North Africa
Central Africa
South Africa
10. Competitive Landscape
Company Profile
Illumina Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Pacific Biosciences
Oxford Nanopore Technologies
PerkinElmer
Stratos Genomics
Phase Genomics
10x Genomics
Genapys
Bionano Genomics
Other Prominent Players
Analyst Views
11. Section
References
Research Methodology
About us
*Browse 44 market data tables and 34 figures on “Global Long Read Sequencing Market” - Global forecast to 2031

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings