Long Read Sequencing Market is expected to reach US$ 5,334.68 million by 2028 With Oxford Nanopore Technologies; Tataa Biocenter; Illumina, Inc; Perkinelmer Inc.; F. Hoffmann-La Roche Ltd.; Baseclear B.V.; Bionano Genomics; Longas Technologies; Pacific Biosciences of California, Inc.; and Quantapore, Inc and others
According to the latest study on “Long Read Sequencing Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Technology, Product, Application, Workflow, and End User,” the market was valued at US$ 1,101.15 million in 2020 and it is projected to reach US$ 5,334.68 million by 2028; it is expected to grow at a CAGR of 22.3% during 2021–2028. The report highlights trends prevailing in the global market, and drivers and restraints pertaining to the market growth. Factors such as the advantages of long read sequencing and increasing prevalence of chronic diseases fuel the growth of the long read sequencing market. However, the lack of skilled professionals hinders the market growth.
(**Note: The sample of this report is updated with COVID-19 impact analysis**)
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Based on technology, the long read sequencing market is segmented into single-molecule real-time sequencing (SMRT), nanopore sequencing, and loop genomics long read sequencing. In 2020, the single-molecule real time sequencing (SMRT) segment accounted for the largest share of the market.
Oxford Nanopore Technologies; Tataa Biocenter; Illumina, Inc; Perkinelmer Inc.; F. Hoffmann-La Roche Ltd.; Baseclear B.V.; Bionano Genomics; Longas Technologies; Pacific Biosciences of California, Inc.; and Quantapore, Inc are among the key players operating in the long read sequencing market. These companies focus on partnerships, mergers, product launches, and collaborations to sustain their positions in the market. For instance, in January 2021, Illumina Announced new sequencing system, collaboration with Roche, and software suite to accelerate genomics adoption. Furthermore, Roche will work with Illumina to add additional companion diagnostic (CDx) statements to Illumina's robust pan-cancer assay TruSight Oncology 500 (TSO 500). Moreover, in March 2021, The Oxford Nanopore Ultra-Long DNA Sequencing Kit, when used in conjunction with Circulomics Nanobind Kits, is designed to maximise the number of ultra-long reads and has allowed the continuous sequencing of single DNA fragments of up to 3+ Mb externally and 4+ Mb internally. Using this method, users can achieve more than 100 reads over 1 Mb per PromethION flow cell run.
Long Read Sequencing Market, by Region, 2020 (%)
The report segments the global long read sequencing market as follows:
By Technology
- Single-Molecule Real-Time Sequencing (SMRT)
- Nanopore Sequencing
- Loop Genomics Long Read Sequencing
By Product
- Instruments
- Consumables
- Services
By Application
- Identification and Fine Mapping of Structural Variation
- Tandem Repeat Sequencing
- Pseudogene Discrimination
- Resolving Allele Phasing
- Reproductive Genomics
- Cancer
- Viral and Microbial Sequencing
- Others
By Workflow
- Pre-sequencing
- Sequencing
- Data Analysis
By End User
- Academic Research Institutes
- Hospitals and Clinics
- Pharma and Biotechnology Companies
By Geography
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Italy
- Asia Pacific
- China
- India
- South Korea
- Japan
- Australia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- South and Central America
- Brazil
- Argentina
TABLE OF CONTENT :
- Introduction
- 1.1 Scope of the Study
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 1.3.1 Global Long Read Sequencing Market – By Technology
- 1.3.2 Global Long Read Sequencing Market – By Product
- 1.3.3 Global Long Read Sequencing Market – By Application
- 1.3.4 Global Long Read Sequencing Market – By Workflow
- 1.3.5 Global Long Read Sequencing Market – By End User
- 1.3.6 Global Long Read Sequencing Market– By Geography
- Long Read Sequencing Market– Key Takeaways
- Research Methodology
- Global Long Read Sequencing Market– Market Landscape
- Long Read Sequencing Market – Key Market Dynamics
- Long Read Sequencing Market– Global Analysis
- Long Read Sequencing Market Analysis – By Technology
- Long Read Sequencing Market Analysis – By Product
- Long Read Sequencing Market – By Application
- Long Read Sequencing Market – By Workflow
- Long Read Sequencing Market – By End-User
- Long Read Sequencing Market – Geographical Analysis
- Impact Of COVID-19 Pandemic on Global Long Read Sequencing Market
- Long Read Sequencing Market–Industry Landscape
- Company Profiles
- 15.1 Illumina, Inc.
- 15.1.1 Key Facts
- 15.1.2 Business Description
- 15.1.3 Products and Services
- 15.1.4 Financial Overview
- 15.1.5 SWOT Analysis
- 15.1.6 Key Developments
- 15.2 Oxford Nanopore Technologies
- 15.2.1 Key Facts
- 15.2.2 Business Description
- 15.2.3 Products and Services
- 15.2.4 Financial Overview
- 15.2.5 SWOT Analysis
- 15.2.6 Key Developments
- 15.3 TATAA Biocenter
- 15.3.1 Key Facts
- 15.3.2 Business Description
- 15.3.3 Products and Services
- 15.3.4 Financial Overview
- 15.3.5 SWOT Analysis
- 15.3.6 Key Developments
- 15.4 PerkinElmer, Inc.
- 15.4.1 Key Facts
- 15.4.2 Business Description
- 15.4.3 Products and Services
- 15.4.4 Financial Overview
- 15.4.5 SWOT Analysis
- 15.4.6 Key Developments
- 15.5 F. HOFFMANN-LA ROCHE LTD.
- 15.5.1 Key Facts
- 15.5.2 Business Description
- 15.5.3 Products and Services
- 15.5.4 Financial Overview
- 15.5.5 SWOT Analysis
- 15.5.6 Key Developments
- 15.6 BaseClear B.V.
- 15.6.1 Key Facts
- 15.6.2 Business Description
- 15.6.3 Products and Services
- 15.6.4 Financial Overview
- 15.6.5 SWOT Analysis
- 15.6.6 Key Developments
- 15.7 Bionano Genomics
- 15.7.1 Key Facts
- 15.7.2 Business Description
- 15.7.3 Products and Services
- 15.7.4 Financial Overview
- 15.7.5 SWOT Analysis
- 15.7.6 Key Developments
- 15.8 Longas Technologies
- 15.8.1 Key Facts
- 15.8.2 Business Description
- 15.8.3 Products and Services
- 15.8.4 Financial Overview
- 15.8.5 SWOT Analysis
- 15.8.6 Key Developments
- 15.9 Pacific Biosciences of California, Inc.
- 15.9.1 Key Facts
- 15.9.2 Business Description
- 15.9.3 Products and Services
- 15.9.4 Financial Overview
- 15.9.5 SWOT Analysis
- 15.9.6 Key Developments
- 15.10 Quantapore, Inc.
- 15.10.1 Key Facts
- 15.10.2 Business Description
- 15.10.3 Products and Services
- 15.10.4 Financial Overview
- 15.10.5 SWOT Analysis
- 15.10.6 Key Developments
- Appendix
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