Short-read Sequencing Market

By Product and Services;

Instruments, Consumables and Services

By Platform;

Sequencing by Synthesis (SBS), Sequencing by Binding (SBB) and Sequencing by Ligation (SBL)

By Application;

Whole Genome Sequencing (WGS), Whole Exome Sequencing (WES) and Others

By End User;

Academic & Research Institutes, Pharmaceutical & Biotechnology Companies & Clinical Research Laboratories and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn257620470 Published Date: September, 2025 Updated Date: November, 2025

Short-read Sequencing Market Overview

Short-read Sequencing Market (USD Million)

Short-read Sequencing Market was valued at USD 15,802.86 million in the year 2024. The size of this market is expected to increase to USD 31,990.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.6%.


Short-read Sequencing Market

*Market size in USD million

CAGR 10.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.6 %
Market Size (2024)USD 15,802.86 Million
Market Size (2031)USD 31,990.54 Million
Market ConcentrationLow
Report Pages327
15,802.86
2024
31,990.54
2031

Major Players

  • Thermo Fisher Scientific
  • F. Hoffmann-La Roche AG
  • Illumina
  • Genewiz
  • Genscript Biotech Corporation
  • 10x Genomics
  • Qiagen
  • Agilent Technologies
  • BGI Genomics
  • Fasteris SA

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Short-read Sequencing Market

Fragmented - Highly competitive market without dominant players


The Short‑read Sequencing Market is expanding rapidly as laboratories adopt Illumina‑like platforms for DNA/RNA sequencing in research and diagnostics. Roughly 65% of sequencing operations now employ short‑read methods for applications such as whole‑transcriptome profiling, microbial sequencing, and oncology diagnostics. These solutions deliver high‑throughput data, uniform coverage, and reliable results at competitive cost.

Collaborative Development Bolstering Platform Performance
Nearly 62% of recent platform enhancements are rooted in collaborations among sequencing companies, university researchers, and bioinformatics developers. These strategies include improving sequencing‑by‑synthesis chemistries, optimizing PCR‑free protocols, and deploying error correction algorithms. The result is better detection accuracy, reduced noise, and more consistent output across sample types.

Emerging Features Enhancing Speed and Data Quality
Recent technological advancements, including advanced flow cell designs, ultra‑fast imaging technologies, and AI‑based error correction, have improved both speed and accuracy of sequencing by over 64%. These innovations support faster data generation, improved basecalling fidelity, and more robust variant detection in clinical and research workflows.

Strong Market Prospects Fueled by Genomics Expansion
With nearly 68% of molecular laboratories now deploying short‑read sequencing for core genomics workflows, the market’s future outlook remains positive. New applications in liquid biopsy, precision oncology, and large‑scale population studies are driving a clear growth trajectory. Continued innovation and collaborative research will expand capability and access across applications globally.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product & Services
    2. Market Snapshot, By Platform
    3. Market Snapshot, By Application
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Short-read Sequencing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Sequencing Technologies
        2. Increasing Applications in Clinical Diagnostics
        3. Rising Demand for Personalized Medicine
        4. Expanding Research and Development Activities
      2. Restraints
        1. High Initial Investment Costs
        2. Data Management and Storage Challenges
        3. Limited Skilled Workforce
        4. Regulatory and Ethical Concerns
      3. Opportunity
        1. Development of Cost-effective Sequencing Solutions
        2. Expansion in Emerging Markets
        3. Integration with Artificial Intelligence and Big Data Analytics
        4. Collaborations and Partnerships in Genomic Research
    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. Short-read Sequencing Market, By Product & Services, 2021 - 2031 (USD Million)
      1. Instruments
      2. Consumables
      3. Services
    2. Short-read Sequencing Market, By Platform, 2021 - 2031 (USD Million)
      1. Sequencing by Synthesis (SBS)
      2. Sequencing by Binding (SBB)
      3. Sequencing by Ligation (SBL)
    3. Short-read Sequencing Market, By Application, 2021 - 2031 (USD Million)
      1. Whole Genome Sequencing (WGS)
      2. Whole Exome Sequencing (WES)
      3. Others
    4. Short-read Sequencing Market, By End User, 2021 - 2031 (USD Million)
      1. Academic & Research Institutes
      2. Pharmaceutical & Biotechnology Companies
      3. Clinical Research Laboratories
      4. Others
    5. Short-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 (Association of South East Asian Countries)
        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. Illumina, Inc.
      2. Thermo Fisher Scientific, Inc.
      3. BGI / MGI
      4. QIAGEN
      5. Agilent Technologies
      6. PerkinElmer, Inc.
      7. Psomagen
      8. Azenta US, Inc. (GENEWIZ)
      9. ProPhase Labs, Inc.
      10. Roche (F. Hoffmann-La Roche)
      11. Oxford Nanopore Technologies
      12. Pacific Biosciences (PacBio)
      13. Macrogen, Inc.
      14. Element Biosciences
      15. Novogene
  7. Analyst Views
  8. Future Outlook of the Market