Global Long-read Sequencing Market: Overview
· Wider use of such long-read sequencing technologies in the clinical context may rapidly improve the understanding of cancer, pathogen evolution, drug resistance, and genetic diversity in complex regions of the genome that have important implications for clinical care
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Key Drivers and Restraint of Global Long-read Sequencing Market
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· Using long-range PCR amplicons with barcoding and long-read technology also allows better description of genes from pseudogenes, such as for sequencing PKD1 for diagnosing autosomal-dominant polycystic kidney disease, for which diagnostic accuracy of NGS technologies has been limited and this drives the demand for long-read sequencing.
· However, higher cost per base relative to short read sequencing is one of the factors that are restraining the market
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North America to Account for Major Share of Global Long-read Sequencing Market
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· Asia Pacific is expected to contribute to a substantial share of the market in terms of revenue during the forecast period due to the emergence of the region as a major manufacturing hub and rising expertise and academic excellence in the region.
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Key Players Operating in Global Long-read Sequencing Market
Major players operating in the global long-read sequencing market include:
· Pacific Biosciences of California, Inc.
· Oxford Nanopore Technologies
· Quantapore, Inc.
· Stratos Genomics.
· MicrobesNG
· FG Technologies
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Global Long-read Sequencing Market, by Application
o Diseases Diagnosis
o Research
Global Long-read Sequencing Market, by End-user
o Biotechnologies and Pharmaceutical Companies
o Academic and Research Institutes
o Others
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