Global Long Read Sequencing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Single-Molecule Real-Time Sequencing (SMRT) and Nanopore Sequencing.

By Offerings;

Consumables, Instruments, and Services.

By Workflow;

Pre-Sequencing, Sequencing and Data Analysis.

By End-Use ;

Academic Research, Clinical Research, Hospitals & Clinics, Pharma & Biotech Entities and Other End Users.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn383619442 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Long Read Sequencing Market (USD Million), 2021 - 2031

In the year 2024, the Global Long Read Sequencing Market was valued at USD 2,092.54 million. The size of this market is expected to increase to USD 9,117.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 23.4%.

The global long read sequencing market is experiencing rapid growth, driven by advancements in genomic research and the increasing demand for comprehensive genomic analysis. Long read sequencing technologies enable the sequencing of longer DNA fragments, providing valuable insights into genome structure, variation, and complexity. This allows researchers and clinicians to better understand genetic diseases, identify structural variations, and unravel complex genomic regions that are inaccessible to traditional short read sequencing methods.

Key drivers propelling the growth of the global long read sequencing market include the expanding applications of long read sequencing across various fields, including medical research, agriculture, and biotechnology. Long read sequencing technologies offer significant advantages over traditional short read sequencing methods, such as the ability to accurately detect structural variants, resolve repetitive regions, and capture epigenetic modifications. Additionally, the declining costs of long read sequencing technologies and the introduction of high-throughput platforms have democratized access to long read sequencing, enabling broader adoption and fueling market expansion.

Ongoing advancements in long read sequencing technologies, coupled with the development of innovative bioinformatics tools and analysis pipelines, are driving further growth in the market. Companies are investing in research and development to enhance sequencing accuracy, throughput, and cost-effectiveness, thereby expanding the utility of long read sequencing in both research and clinical settings. As the demand for comprehensive genomic analysis continues to rise, fueled by the increasing importance of precision medicine and personalized healthcare, the global long read sequencing market is poised for sustained growth and innovation in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Offerings
    3. Market Snapshot, By Workflow
    4. Market Snapshot, By End-Use
    5. Market Snapshot, By Region
  4. Global Long Read Sequencing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Genomic Research
        2. Increasing Demand for Comprehensive Genomic Analysis
        3. Expanding Applications Across Various Fields
        4. Declining Costs of Long Read Sequencing Technologies
        5. Introduction of High-Throughput Platforms
      2. Restraints
        1. Technical Challenges and Limitations
        2. Complexity of Data Analysis
        3. Limited Adoption in Clinical Settings
        4. Regulatory and Ethical Considerations
      3. Opportunities
        1. Ongoing Technological Advancements
        2. Growing Demand for Precision Medicine
        3. Expansion into Emerging Markets
        4. Development of Innovative Bioinformatics Tools
        5. Integration with Other Omics Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Long Read Sequencing Market, By Technology, 2021 - 2031 (USD Million)
      1. Single-Molecule Real-Time Sequencing (SMRT)
      2. Nanopore Sequencing
    2. Global Long Read Sequencing Market, By Offerings, 2021 - 2031 (USD Million)
      1. Consumables
      2. Instruments
      3. Services
    3. Global Long Read Sequencing Market, By Workflow, 2021 - 2031 (USD Million)
      1. Pre-Sequencing
      2. Sequencing
      3. Data Analysis
    4. Global Long Read Sequencing Market, By End-Use , 2021 - 2031 (USD Million)
      1. Academic Research
      2. Clinical Research
      3. Hospitals & Clinics
      4. Pharma & Biotech Entities
      5. Other End Users
    5. Global Long Read Sequencing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Qiagen N.V.
      2. Roche Sequencing Solutions
      3. 10x Genomics, Inc.
      4. Thermo Fisher Scientific Inc.
      5. GenapSys, Inc.
      6. Longas Technologies GmbH
  7. Analyst Views
  8. Future Outlook of the Market