Global Long Read Sequencing Market Size study & Forecast, by Product, by Technology, by Workflow, by Application, by End use, and Regional Analysis, 2023-2030

Description

List of Tables

Global Long Read Sequencing Market is valued at approximately USD 455.1 million in 2022 and is anticipated to grow with a healthy growth rate of more than 30.92% over the forecast period 2023-2030. The Long Read Sequencing Market encompasses a range of products, services, and technologies dedicated to DNA sequencing methods capable of producing extended and contiguous sequences of genetic information, enabling in-depth analysis of genomes and other biological entities. It involves the development of long read sequencing platforms, instruments, reagents, and associated software solutions, driving advancements in genomics research, personalized medicine, and other applications in the life sciences field. The Long Read Sequencing Market is being driven by factors such as the increasing prevalence of chronic diseases and Increasing Applications in Clinical Diagnostics

Long Read Sequencing enables the generation of longer and contiguous DNA sequences, allowing for a more accurate and comprehensive analysis of the genome. This helps identify genetic variations, including rare or structural variants that are associated with chronic diseases such as diabetes, cardiovascular diseases, and cancer. According to American heart association, In 2020, the global prevalence of diabetes was 243.3 million males and 229.0 million females, while the economic burden of diabetes amounted to $1.3 trillion in 2015, projected to rise to $2.1 to $2.5 trillion by 2030. Moreover, the International Agency for Research on Cancer (IARC), The estimated increase in the worldwide burden of cancer is 27.5 million new cases by 2040 from 1.9 million new cases in year 2021. Thus, the increasing economic burden of chronic diseases is fueling the growth of Long Read Sequencing Market. In addition, advancements in data analysis platforms and increasing applications in Whole Genome Sequencing create lucrative opportunities for the market. However, the high error rates of long read technology hinder the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Long Read Sequencing Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the availability of a strong informatics network and well-established rules for the approval and marketing of genomic testing products and services. Asia Pacific is considered as the fastest growing region over the forecast period owing to increased investments in the development of state-of-the-art diagnostic techniques, alongside the expanding presence of major players aiming to capitalize on the opportunities.

Major market player included in this report are:

Pacific Biosciences of California, Inc.
Oxford Nanopore Technologies Limited
Quantapore, Inc.
Element Biosciences
BGI Genomics
Eurofins Genomics
Stratos Genomics, Inc.
MicrobesNG
NextOmics
New England Biolabs

Recent Developments in the Market:

In March 2023, Illumina introduced its advanced Illumina Complete Long Read Prep, a Human assay, designed specifically for performing high-performance whole-genome sequencing of human DNA. These would result in rising company's market share in the global market.

Global Long Read Sequencing Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Technology, Workflow, Application, End Use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Instruments
Consumables
Services

By Technology:

Single Molecule Real Time Sequencing
Nanopore Sequencing
Others

By Workflow:

Pre-sequencing
Sequencing
Data Analysis

By Application:

Whole Genome Sequencing
Targeted Sequencing
Metagenomics
RNA Sequencing
Epigenetics
Others

By End Use:

Academic & Research Institutes
Hospitals & Clinics
Pharmaceutical & Biotechnology Companies
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Long Read Sequencing Market , by Region, 2020-2030 (USD Million)
- 1.2.2. Long Read Sequencing Market , by Product, 2020-2030 (USD Million)
- 1.2.3. Long Read Sequencing Market , by Technology, 2020-2030 (USD Million)
- 1.2.4. Long Read Sequencing Market , by Workflow, 2020-2030 (USD Million)
- 1.2.5. Long Read Sequencing Market , by Application, 2020-2030 (USD Million)
- 1.2.6. Long Read Sequencing Market , by End Use, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Long Read Sequencing Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Long Read Sequencing Market Dynamics

3.1. Long Read Sequencing Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing prevalence of chronic diseases
  - 3.1.1.2. Increasing Applications in Clinical Diagnostics
- 3.1.2. Market Challenges
  - 3.1.2.1. High error rates of long read technologies
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in data analysis platforms
  - 3.1.3.2. Rising application and demand in whole genome sequencing
  - 3.1.3.3. Rising technological advancement

Chapter 4. Global Long Read Sequencing Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Long Read Sequencing Market, by Product

5.1. Market Snapshot
5.2. Global Long Read Sequencing Market by Product, Performance - Potential Analysis
5.3. Global Long Read Sequencing Market Estimates & Forecasts by Product 2020-2030 (USD Million)
5.4. Long Read Sequencing Market , Sub Segment Analysis
- 5.4.1. Instruments
- 5.4.2. Consumables
- 5.4.3. Services

Chapter 6. Global Long Read Sequencing Market, by Technology

6.1. Market Snapshot
6.2. Global Long Read Sequencing Market by Technology, Performance - Potential Analysis
6.3. Global Long Read Sequencing Market Estimates & Forecasts by Technology 2020-2030 (USD Million)
6.4. Long Read Sequencing Market , Sub Segment Analysis
- 6.4.1. Single Molecule Real Time Sequencing
- 6.4.2. Nanopore Sequencing
- 6.4.3. Others

Chapter 7. Global Long Read Sequencing Market, by Workflow

7.1. Market Snapshot
7.2. Global Long Read Sequencing Market by Workflow, Performance - Potential Analysis
7.3. Global Long Read Sequencing Market Estimates & Forecasts by Workflow 2020-2030 (USD Million)
7.4. Long Read Sequencing Market , Sub Segment Analysis
- 7.4.1. Pre-sequencing
- 7.4.2. Sequencing
- 7.4.3. Data Analysis

Chapter 8. Global Long Read Sequencing Market, by Application

8.1. Market Snapshot
8.2. Global Long Read Sequencing Market by Application, Performance - Potential Analysis
8.3. Global Long Read Sequencing Market Estimates & Forecasts by Application 2020-2030 (USD Million)
8.4. Long Read Sequencing Market , Sub Segment Analysis
- 8.4.1. Whole Genome Sequencing
- 8.4.2. Targeted Sequencing
- 8.4.3. Metagenomics
- 8.4.4. RNA Sequencing
- 8.4.5. Epigenetics
- 8.4.6. Others

Chapter 9. Global Long Read Sequencing Market, by End Use

9.1. Market Snapshot
9.2. Global Long Read Sequencing Market by End Use, Performance - Potential Analysis
9.3. Global Long Read Sequencing Market Estimates & Forecasts by End Use 2020-2030 (USD Million)
9.4. Long Read Sequencing Market , Sub Segment Analysis
- 9.4.1. Academic & Research Institutes
- 9.4.2. Hospitals & Clinics
- 9.4.3. Pharmaceutical & Biotechnology Companies
- 9.4.4. Others

Chapter 10. Global Long Read Sequencing Market, Regional Analysis

10.1. Top Leading Countries
10.2. Top Emerging Countries
10.3. Long Read Sequencing Market , Regional Market Snapshot
10.4. North America Long Read Sequencing Market
- 10.4.1. U.S. Long Read Sequencing Market
  - 10.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 10.4.1.2. Technology breakdown estimates & forecasts, 2020-2030
  - 10.4.1.3. Workflow breakdown estimates & forecasts, 2020-2030
  - 10.4.1.4. Application breakdown estimates & forecasts, 2020-2030
  - 10.4.1.5. End Use breakdown estimates & forecasts, 2020-2030
- 10.4.2. Canada Long Read Sequencing Market
10.5. Europe Long Read Sequencing Market Snapshot
- 10.5.1. U.K. Long Read Sequencing Market
- 10.5.2. Germany Long Read Sequencing Market
- 10.5.3. France Long Read Sequencing Market
- 10.5.4. Spain Long Read Sequencing Market
- 10.5.5. Italy Long Read Sequencing Market
- 10.5.6. Rest of Europe Long Read Sequencing Market
10.6. Asia-Pacific Long Read Sequencing Market Snapshot
- 10.6.1. China Long Read Sequencing Market
- 10.6.2. India Long Read Sequencing Market
- 10.6.3. Japan Long Read Sequencing Market
- 10.6.4. Australia Long Read Sequencing Market
- 10.6.5. South Korea Long Read Sequencing Market
- 10.6.6. Rest of Asia Pacific Long Read Sequencing Market
10.7. Latin America Long Read Sequencing Market Snapshot
- 10.7.1. Brazil Long Read Sequencing Market
- 10.7.2. Mexico Long Read Sequencing Market
10.8. Middle East & Africa Long Read Sequencing Market
- 10.8.1. Saudi Arabia Long Read Sequencing Market
- 10.8.2. South Africa Long Read Sequencing Market
- 10.8.3. Rest of Middle East & Africa Long Read Sequencing Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
- 11.1.1. Company 1
- 11.1.2. Company 2
- 11.1.3. Company 3
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Pacific Biosciences of California, Inc.
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Recent Developments
- 11.3.2. Oxford Nanopore Technologies Limited
- 11.3.3. Quantapore, Inc.
- 11.3.4. Element Biosciences
- 11.3.5. BGI Genomics
- 11.3.6. Eurofins Genomics
- 11.3.7. Stratos Genomics, Inc.
- 11.3.8. MicrobesNG
- 11.3.9. NextOmics
- 11.3.10. New England Biolabs

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Long Read Sequencing Market , report scope
TABLE 2. Global Long Read Sequencing Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Long Read Sequencing Market estimates & forecasts by Product 2020-2030 (USD Million)
TABLE 4. Global Long Read Sequencing Market estimates & forecasts by Technology 2020-2030 (USD Million)
TABLE 5. Global Long Read Sequencing Market estimates & forecasts by Workflow 2020-2030 (USD Million)
TABLE 6. Global Long Read Sequencing Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 7. Global Long Read Sequencing Market estimates & forecasts by End Use 2020-2030 (USD Million)
TABLE 8.
TABLE 9. Global Long Read Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Long Read Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Long Read Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Long Read Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Long Read Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Long Read Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Long Read Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. Global Long Read Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. Global Long Read Sequencing Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 18. Global Long Read Sequencing Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. U.S. Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. U.S. Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. U.S. Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. Canada Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. Canada Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Canada Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. UK Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. UK Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. UK Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. Germany Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. Germany Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Germany Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. France Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. France Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. France Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Italy Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Italy Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Italy Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. Spain Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. Spain Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. Spain Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. RoE Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. RoE Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. RoE Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. China Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. China Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. China Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. India Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. India Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. India Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. Japan Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. Japan Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Japan Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. South Korea Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. South Korea Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. South Korea Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. Australia Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. Australia Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Australia Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. RoAPAC Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. RoAPAC Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. RoAPAC Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Brazil Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Brazil Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Brazil Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. Mexico Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. Mexico Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Mexico Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. RoLA Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. RoLA Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoLA Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. Saudi Arabia Long Read Sequencing Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 71. South Africa Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 72. RoMEA Long Read Sequencing Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 73. List of secondary sources, used in the study of global Long Read Sequencing Market
TABLE 74. List of primary sources, used in the study of global Long Read Sequencing Market
TABLE 75. Years considered for the study
TABLE 76. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Long Read Sequencing Market , research methodology
FIG 2. Global Long Read Sequencing Market , Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Long Read Sequencing Market , key trends 2022
FIG 5. Global Long Read Sequencing Market , growth prospects 2023-2030
FIG 6. Global Long Read Sequencing Market , porters 5 force model
FIG 7. Global Long Read Sequencing Market , pest analysis
FIG 8. Global Long Read Sequencing Market , value chain analysis
FIG 9. Global Long Read Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Long Read Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Long Read Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Long Read Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Long Read Sequencing Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Long Read Sequencing Market , regional snapshot 2020 & 2030
FIG 15. North America Long Read Sequencing Market 2020 & 2030 (USD Million)
FIG 16. Europe Long Read Sequencing Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Long Read Sequencing Market 2020 & 2030 (USD Million)
FIG 18. Latin America Long Read Sequencing Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Long Read Sequencing Market 2020 & 2030 (USD Million)