Long Read Sequencing Market Size, Share and Trends Analysis 2031
Precision Business Insights has published a report on the global long read sequencing market, estimating its value at USD 615.9 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 24.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/long-read-sequencing-market
Market Definition:
Compared to short-read sequencing, long read sequencing is a more sophisticated DNA/RNA sequencing technique that can read thousands to millions of base pairs of nucleotide sequences in a single run.
It is essential for genomics, clinical diagnostics, cancer research, rare disease studies, and population genomics because it allows precise detection of structural variants, repetitive areas, complicated genomes, epigenetic alterations, and full-length transcripts.
Drivers:
1) Rising demand for accurate genomic analysis.
2) Growth in clinical genomics & rare diseases diagonisis.
The global long read sequencing market segmentation:
1) By Technology: Single-Molecule Real- Time Sequencing, Nanopore Sequencing, Synthetic Long Read Sequencing and Others.
2) By Product: Instruments, Consumables and Services.
3) By Application: Whole Genome Sequencing, Epigenetics, RNA Sequencing, Complex Population, Targeted Sequencing and Others.
4) By Workflow: Pre-Sequencing, Sequencing and Data Analysis.
5) By End-user: Academic and Research Institutes, Clinical Laboratories, Hospitals, Pharma and Biotech Entities and Others.
Regional Overview:
The report also examines the current concerns and their Future Effects on the long read sequencing market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the long read sequencing market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Pacific Biosciences | Oxford Nanopore Technologies | Illumina Inc. | Thermo Fisher Scientific | Roche Diagnostics | Agilent Technologies | BGI Genomics | Qiagen | Eurofins Scientific | Takara Bio | New England Biolabs | Bio-Rad Laboratories | PerkinElmer | Danaher Corporation | F. Hoffmann-La Roche | Macrogen | Novogene | GENEWIZ (Azenta Life Sciences) | Natera | Guardant Health | 10x Genomics | Twist Bioscience | Roche Sequencing Solutions | SOPHiA Genetics | ArcherDx | Berry Genomics | Element Biosciences | Ultima Genomics | Complete Genomics | MGI Tech | Singular Genomics | DNAnexus | Seven Bridges Genomics | Sophia Genetics | Ginkgo Bioworks | Helix | Personalis | PacBio Clinical | QIAGEN Digital Insights | GenapSys | Strand Life Sciences | Genotypic Technology | Geneworks | SeqOne Genomics | Centogene | Illumina Spin-Offs | Oxford Nanopore EPI2ME | PacBio HiFi Services | Bionano Genomics
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