Long Read Sequencing Market report – Size, Value, Demand, Share – Research and Analysis 2028

The Global Long Read Sequencing Market research report is a comprehensive document that outlines the most recent advancements and developments in the Long Read Sequencing industry, with 2017 as the base year and 2021-2028 as the forecast period. The report provides useful insights into market size, market share, sales channel and distribution network, market segmentation, demands and trends, and growth prospects. The report also examines market growth on a global and regional scale. The report investigates the COVID-19 pandemic’s impact on the Long Read Sequencing Market and its key segments.

According to the most recent analysis from Emergen, the size of the global long-read sequencing market is anticipated to reach USD 2,313.8 Million in 2028 and see a revenue CAGR of 21.1% over the projected period. Long-read sequencing market revenue growth is being fueled by the quick development of third generation long-read sequencing techniques as a result of ongoing research & development.

For Deoxyribonucleic Acid, long-read sequencing is also referred to as third-generation sequencing (DNA). Its purpose is to establish the nucleotide sequence of lengthy sequences including 10,000–100,000 base pairs at a time. Single-Molecule Real-Time (SMRT) sequencing and nanopore sequencing are the two primary methods used in long-read sequencing. Nanopores are made of incredibly tiny proteins that are implanted in membranes as pores. To determine nucleotide sequences and detect differences in ionic current, single-stranded DNA fragments are passed through a nanopore. Moreover, SRMT sequencing employs DNA polymerase to detect different fluorescence intensities.

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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.

Leading Market Players Profiled in the Report:

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

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Some Key Highlights from the Report

• In December 2020, Eurofins Genomics launched an optimized, cost-effective, SARS-CoV-2, next-generation sequencing service providing full length viral genome sequences. This new next-generation sequencing (NGS) service and ARTIC NGS oligo kit have offered strong support to researchers in development of vaccines and in their fight against COVID-19 pandemic.
• Single-Molecule Real-Time (SMRT) sequencing segment accounted for a significantly large revenue share in 2020, owing to increasing demand by researchers across the world. SMRT sequencing offers high level of accuracy, due to low systematic bias and longer read lengths. Moreover, it is flexible as it can be used in sequencing of multiple sample types having different output length.
• Product segment registered a significantly large revenue share in 2020, owing to rising demand for different long-read sequencing products such as kit and assays, systems and software among various verticals.
• Oncology segment accounted for largest revenue share in 2020, owing to rising demand for technologically advanced and cost-effective diagnostic measures to treat cancer. Additionally, rise in investment for research and development in biotech and pharmaceutical industry has also made long-read sequencing a highly growing market. Moreover, growing urgency for infrastructural improvement of treatment therapies and increasing number of cancer patient across the world is expected to drive segment revenue growth during the forecast period.
• The market in North America accounted for highest revenue growth in 2020, owing to presence of well-established healthcare infrastructure. Moreover, countries such as the U.S. and Canada are focusing on research and development and technological advancement of diagnostic methods, which is expected to drive long-read sequencing market revenue growth during the forecast period.

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Long Read Sequencing market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the Long Read Sequencing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Long Read Sequencing market.

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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

Regional Outlook:

• North America (the U.S., Canada, Mexico)
• Europe (the U.K., Germany, France, Italy)
• Asia Pacific (India, China, Japan, Korea)
• Latin America (Brazil, Argentina, Ecuador, Chile)
• Middle East & Africa (Egypt, Turkey, Saudi Arabia, Iran)

Key reasons to buy the Global Long Read Sequencing Market report:

1. The latest report comprehensively studies the global Long Read Sequencing market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products & services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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