A thorough database of industry distribution is included in the latest study from Emergen Research, "Global Long Read Sequencing Market," which was painstakingly compiled with the reader's comprehension in mind. In order to forecast the Long Read Sequencing market's outlook for the foreseeable future, the report looks at historical and present market circumstances (2021-2028). In their thorough analysis of the global market, researchers focused on the variables that affect the market's overall expansion. In order to analyse the strengths, weaknesses, opportunities, and threats related to the expansion of different market segments, the research makes use of powerful analytical methods like SWOT analysis and Porter's Five Forces.

According to a recent analysis by Emergen, the size of the global long-read sequencing market is anticipated to reach USD 2,313.8 Million in 2028 and experience a revenue CAGR of 21.1% over the projected period. Continuous research and development is propelling the long-read sequencing market's revenue growth through the rapid innovation of third generation long-read sequencing technology.

The third-generation sequencing method for deoxyribonucleic acid is also referred to as long-read sequencing (DNA). It's made to ascertain the nucleotide sequence of lengthy sequences between 10,000 and 100,000 base pairs at a time. Single-Molecule Real-Time (SMRT) and nanopore sequencing are the two primary fundamental methods used in long-read sequencing. The proteins that make up nanopores are exceedingly small and generate pores that are enmeshed in membranes. To detect ionic current variation and to determine nucleotide sequences, single stranded DNA fragments are passed through a nanopore. Moreover, by employing DNA polymerase, SRMT sequencing aids in the detection of various fluorescence intensities.

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Global Long Read Sequencing Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • R&D Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers & Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Long Read Sequencing market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Long Read Sequencing market and pinpoint the fundamental growth trends.  

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

Key Parameters Analyzed in This Section:

  • Company Profiles
  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Product pricing
  • Industry Analysis
  • Sales & distribution channels

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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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.

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

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Additional information offered by the report:

  • Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Cobots market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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