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Long Read Sequencing Market Size, Research, Trends, Key Players, Overview Forecast By 2028 | Pacific Biosciences of California, Inc., Takara Bio Inc., TATAA Biocenter, FG Technologies

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Diana Rusco
Long Read Sequencing Market Size, Research, Trends, Key Players, Overview Forecast By 2028 | Pacific Biosciences of California, Inc., Takara Bio Inc., TATAA Biocenter, FG Technologies

1.  The Long Read Sequencing Market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 23.7% in the forecast period of 2020 to 2027 and is expected to reach USD 5,270.44 million by 2027 from USD 983.84 million in 2019.

2. The Long Read Sequencing Market Scope and Size

  • On the basis of technology, the market is segmented into single- molecule real- time sequencing, nanopore sequencing, synthetic long read sequencing and others. In 2020, single- molecule real- time sequencing is dominating the market because it helps to achieve high accuracy due to longer text lengths. In addition, SMRT does not require amplification during sample preparation. Thus, it has been adopted by researchers to expand repeat genomic regions and integrate genomes.
  • On the basis of product, the market is segmented into instruments, consumables and services. Instruments are further segmented into standalone and portable. Consumables are further segmented into kits, probes and others. Kits are further segmented into ligation sequencing kit, rapid / field sequencing kit, PCR sequencing kit, rapid PCR sequencing kit, 16s barcoding kit, direct RNA sequencing kit, direct cDNA sequencing kit and others. Services are further segmented into library preparation, sequencing, analysis and others. In 2020, consumables holds the largest portion of the market in order to perform genome sequencing, end users have to regularly collect intervals as they are used to run multiple sequences. For instance, a single SMRT is used according to cell sequencing reactions. The service department is expected to display the highest CAGR during the forecast period.


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Diana Rusco
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