Long Read Sequencing Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2028
The most current market research report from Emergen Research focuses on the global market for Long Read Sequencing and provides in-depth analysis of each of its major segments. The market size, revenue growth rate, industry statistics, revenue splits by regional markets, gross margins, production costs, and product portfolios are all included in reports on the worldwide Long Read Sequencing market. The most significant micro- and macroeconomic elements, such as drivers, opportunities, trends, restrictions, challenges, demand and supply ratios, production and consumption patterns, stringent regulatory frameworks, and a host of other factors, are also discussed in the research.
Global long-read sequencing market size is expected to reach USD 2,313.8 Million in 2028 and register a revenue CAGR of 21.1% over the forecast period, according to latest report by Emergen. Rapid advancement in third generation long-read sequencing techniques due to continuous research and development is driving long-read sequencing market revenue growth.
For Deoxyribonucleic Acid (DNA), long-read sequencing is also referred to as a third-generation sequencing method. 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. Additionally, SRMT sequencing employs DNA polymerase to detect different fluorescence intensities.
Long-read sequencing helps in identifying genetic disorders, cancer progression, and tracking outbreak of diseases by providing genomic information. Growing acceptance towards modern technologies to treat genetic disorders, decreasing cost of sequencing, and increasing number of cancer patient across the world is boosting demand for long-read sequencing. Furthermore, long-read sequencing technique is widely being used in whole-genome sequencing, owing to its contribution in discovering novel pathogenic mutation for various critical diseases with unknown causes.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Long Read Sequencing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
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
How will this Report Benefit you?
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Long Read Sequencing market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Long Read Sequencing. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
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Some Key Highlights from the Report
- In December 2021, 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 2021, 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 2021, 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 2021, 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 2021, 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.
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What Questions Should You Ask before Buying a Market Research Report?
- How is the Long Read Sequencing market evolving?
- What is driving and restraining the Long Read Sequencing market?
- How will each Long Read Sequencing submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2028?
- How will the market shares for each Long Read Sequencing submarket develop from 2021 to 2028?
- What will be the main driver for the overall market from 2021 to 2028?
- Will leading Long Read Sequencing markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2028 and which geographical region will lead the market in 2028?
- Who are the leading players and what are their prospects over the forecast period?
- What are the Long Read Sequencing projects for these leading companies?
- How will the industry evolve during the period between 2021 and 2028? What are the implications of Long Read Sequencing projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the Long Read Sequencing market?
- Where is the Long Read Sequencing market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the Long Read Sequencing market today, and over the next 10 years:
- Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – Now.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Long Read Sequencing market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
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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
- Kits and Assays
- Systems
- Software
- Consumables
- Services
- Products
- Application Outlook (Revenue, USD Million, 2018–2028)
- Oncology
- Infectious Diseases
- Rare Diseases
- Genetic Disorders
- Metabolic Disorders
- Translational Research
Forecasts to 2028 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2028, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Long Read Sequencing prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
How will the Long Read Sequencing Market, 2021 to 2028 report help you?
In summary, our 250-page report provides you with the following knowledge:
- Revenue forecasts to 2028 for Long Read Sequencing Market, 2021 to 2028 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2028 for four regional and 20 key national markets – See forecasts for the Long Read Sequencing Market, 2021 to 2028 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Long Read Sequencing Market, 2021 to 2028.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Long Read Sequencing Market, 2021 to 2028, market-leading companies. You will find data, trends and predictions.
The content of each profile differs, depending on the organization. In general, a profile gives the following information:
- Overview of the company’s Long Read Sequencing products & services
- Analysis of recent financial performance–annual revenue of the companies
- Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
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