Medical Devices
Global Long Read Sequencing Market to 2032
Revenue, 2024 (USD Million)
2,702.67
Forecast, 2032 (USD Million)
13,318.30
CAGR, 2024 - 2032
20.37%
Report Coverage
Global
Global Long Read Sequencing Market 2018-2032 USD Million
Global Long Read Sequencing Market, Overview (2024-2032)
Market Growth and Projections:
- Market Size (2024): 2,702.67 USD Million
- Projected Market Size (2032): 13,318.30 USD Million
- CAGR (2024-2032): 20.37%
Key Findings of Global Long Read Sequencing Market
- The Global Long Read Sequencing Market is likely to grow at a CAGR of 20.37% during the forecast period of 2024 to 2032.
- Global Long Read Sequencing Marketsize was valued at 2,702.67 USD Million in 2024.
- In 2024, Direct Tender segment dominated the market with the largest market share.
- Single- Molecule Real- Time Sequencing in the product segment is expected to witness the fastest growth during the forecast period.
Global Long Read Sequencing Market Scope
Global Long Read Sequencing Market Segmentation & Scope
Product
- Instruments
- Services
- Consumables
Application
- Others
- Complex Population
- RNA Sequencing
- Epigenetics
- Targeted Sequencing
- Whole Genome Sequencing
Technology
- Others
- Synthetic Long Read Sequencing
- Nanopore Sequencing
- Single- Molecule Real- Time Sequencing
Workflow
- Pre- Sequencing
- Data Analysis
- Sequencing
End User
- Clinics
- Others
- Hospitals
- Clinical Laboratories
- Pharma & Biotech Entities
- Academic & Research Institutes
Distribution Channel
- Retail Sales
- Direct Tender
Global Long Read Sequencing Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 2,702.67 USD Million |
| Market Value in 2032 | 13,318.30 USD Million |
| CAGR (2024-2032) | 20.37% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Product,Application,Technology,Workflow,End User,Distribution Channel |
| Largest Segment | Direct Tender |
| Fastest Growing Segment | Single- Molecule Real- Time Sequencing |
| Major Players | Oxford Nanopore Technologies plc., PacBio, PerkinElmer Inc., Novogene Co., Ltd., Illumina, Inc., THERMO FISHER SCIENTIFIC INC., Others |
Market Segmentation:
-
Product Segment:
- Largest Segment (2024): Direct Tender
- Fastest Growing Segment (2024-2032): Single- Molecule Real- Time Sequencing
Regional Insights:
-
Leading Market (2024-2032): Global
- Key Country: U.S., leading in terms of revenue and market share by 2032.
Global Long Read Sequencing Market Company Share Analysis
| Name | Market Share | OwnnerShip | HQ | Website |
|---|---|---|---|---|
| Oxford Nanopore Technologies plc. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| PacBio | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| PerkinElmer Inc. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Novogene Co. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Ltd. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Illumina | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Inc. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| THERMO FISHER SCIENTIFIC INC. | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
| Others | 1,944.00 | public/listed | Massachusetts | www.astrazeneca.com |
Global Long Read Sequencing Market Geographical Sales Distribution, 2018-2032 USD Million
Global Long Read Sequencing Market Company Profiling
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
| Molnlycke Health Care | View profile | 5001-10000 | Gothenburg, Vastra Gotaland, Sweden, Europe | www.molnlycke.com |
Frequently Asked Questions
The Global Long Read Sequencing Market is segmented based on Segmentation Product,Application,Technology,Workflow,End User,Distribution Channel.
Global Long Read Sequencing Market was valued at USD 2,702.67(Revenue in USD Million) in 2020.
Global Long Read Sequencing Market is projected to grow at a CAGR of 20.37% during the forecast period of 2024 to 2032.
The estimated market value of the Global Long Read Sequencing Market for final year is USD 13,318.30 (USD Million).
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