Long Read Sequencing Market Global Industry Growth Prospects and Opportunity Assessment by 2028


Rapid advancement in third-generation long-read sequencing techniques and decreasing cost of sequencing are some of the key factors driving market revenue growth

The Global Long Read Sequencing Market research, released by Emergen Research, provides in-depth analyses of the industry's fundamental mechanisms and structure. The report delves deeply into the major industry segments and sub-categories and provides a comprehensive analysis of the competitive environment, main regional markets, product and application segments, technology landscape, sales distribution networks, and significant industry data. The report's market insights were produced through in-depth market research, in-depth market surveys, and expert interviews.

Global long-read sequencing market size is expected to reach USD 2,313.8 Million in 2028 and register a revenue CAGR of 21.1% over the forecast period, according to latest report by Emergen. Rapid advancement in third generation long-read sequencing techniques due to continuous research and development is driving long-read sequencing market revenue growth.

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Competitive Terrain:

The global Long Read Sequencing industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

Agilent Technologies, Inc., Beijing Genomics Institute (BGI) Genomics Co., Ltd., Bionano Genomics, Inc., Illumina, Inc., Longas Technologies Pty. Ltd., Novogene Co., Ltd., Oxford Nanopore Technologies, Inc., Pacific Biosciences of California, Inc., Quantapore, Inc., and PerkinElmer, Inc

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Overview:

The report bifurcates the Long Read Sequencing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Technology Outlook (Revenue, USD Million, 2018–2028)

    • Single-Molecule Real-Time (SMRT) Sequencing
    • Nanopore Sequencing
    • Synthetic Long-Read Sequencing
    • Other Sequencing Technologies
  • Products and Services Outlook (Revenue, USD Million, 2018–2028)

    • Products
      1. Kits and Assays
      2. Systems
      3. Software
    • Consumables
    • Services
  • Application Outlook (Revenue, USD Million, 2018–2028)

    • Oncology
    • Infectious Diseases
    • Rare Diseases
    • Genetic Disorders
    • Metabolic Disorders
    • Translational Research

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

Key Objectives of the Report:

  • Analysis and estimation of the Long Read Sequencing market size and share for the projected period of 2020-2027
  • Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
  • Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Long Read Sequencing market
  • Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
  • Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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