Long Read Sequencing Market, Global Outlook and Forecast 2024-2030

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The global Long Read Sequencing market size was valued at US$ 2.89 billion in 2024 and is projected to reach US$ 6.78 billion by 2030, at a CAGR of 15.3% during the forecast period 2024-2030.

The United States Long Read Sequencing market size was valued at US$ 989.4 million in 2024 and is projected to reach US$ 2.34 billion by 2030, at a CAGR of 15.4% during the forecast period 2024-2030.

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Long Read Sequencing technology enables sequencing of longer DNA fragments, providing better insight into complex genomic regions and structural variations.

The global Long Read Sequencing market is experiencing strong growth, driven by complex genome research needs. In 2023, total sequencing volume reached 5 petabases, with research applications accounting for 60% of demand. The clinical applications segment is growing at 17.2% annually. The market saw a 40% increase in demand for real-time sequencing in 2023. PacBio platforms dominate with a 45% market share, while Oxford Nanopore is growing at 20% annually. North America leads with a 42% market share, while Europe is the fastest-growing region at 16.5% CAGR. The industry is focusing on developing improved accuracy systems, with a 45% growth in R&D investments.

Report Overview

Long Read Sequencing Market provides a deep insight into the global Long Read Sequencing market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Long Read Sequencing Market, Long Read Sequencing Market introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, Long Read Sequencing Market is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Long Read Sequencing market in any manner.

Global Long Read Sequencing Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company
Oxford Nanopore Technologies
Pacific Biosciences of California
BaseClear B.V.
Future Genomics Technologies
Garvan Institute of Medical Research
Genome Transcriptome Facility of Bordeaux
NextOmics
Takara Bio
Quantapore
Stratos Genomics
MicrobesNG
Institute of Integrative Biology of the Cell

Market Segmentation (by Type)
Single-Molecule Real-Time Sequencing (SMRT)
Nanopore Sequencing

Market Segmentation (by Application)
Academic Research
Clinical Research
Hospitals & Clinics
Pharma & Biotech Entities
Other

Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)


Key Benefits of This Market Research:



Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Compact Digital Camera Market
Overview of the regional outlook of the Compact Digital Camera Market:


Key Reasons to Buy this Report:



Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
This enables you to anticipate market changes to remain ahead of your competitors
You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes in-depth analysis of the market from various perspectives through Porter.

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Table of content

Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Long Read Sequencing
1.2 Key Market Segments
1.2.1 Long Read Sequencing Segment by Type
1.2.2 Long Read Sequencing Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Long Read Sequencing Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Long Read Sequencing Market Competitive Landscape
3.1 Global Long Read Sequencing Revenue Market Share by Company (2019-2024)
3.2 Long Read Sequencing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Long Read Sequencing Market Size Sites, Area Served, Product Type
3.4 Long Read Sequencing Market Competitive Situation and Trends
3.4.1 Long Read Sequencing Market Concentration Rate
3.4.2 Global 5 and 10 Largest Long Read Sequencing Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Long Read Sequencing Value Chain Analysis
4.1 Long Read Sequencing Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Long Read Sequencing Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expa

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