Global Long Read Sequencing Market Size & Outlook
Global long read sequencing market, 2018-2030 (US$M)
Related Markets
Global long read sequencing market highlights
- The global long read sequencing market generated a revenue of USD 572.9 million in 2023 and is expected to reach USD 3,776.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 30.9% by 2030.
- In terms of segment, consumables accounted for a revenue of USD 359.4 million in 2023.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 572.9 million |
| Market revenue in 2030 | USD 3,776.7 million |
| Growth rate | 30.9% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Consumables, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 51.3% of the global long read sequencing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 13.3 million by 2030.
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Long Read Sequencing Market Scope
Long Read Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global long read sequencing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to long read sequencing market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 62.73% in 2023. Horizon Databook has segmented the Global long read sequencing market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Long Read Sequencing Product Outlook (Revenue, USD Million, 2018-2030)
- Instruments
- Consumables
- Services
- Global Long Read Sequencing Technology Outlook (Revenue, USD Million, 2018-2030)
- Single Molecule Real Time Sequencing
- Nanopore Sequencing
- Others
- Global Long Read Sequencing Workflow Outlook (Revenue, USD Million, 2018-2030)
- Pre-sequencing
- Sequencing
- Data Analysis
- Global Long Read Sequencing Application Outlook (Revenue, USD Million, 2018-2030)
- Whole Genome Sequencing
- Targeted Sequencing
- Metagenomics
- RNA Sequencing
- Epigenetics
- Others
- Global Long Read Sequencing End Use Outlook (Revenue, USD Million, 2018-2030)
- Academic & Research Institutes
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Others
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Target buyers of Global long read sequencing market databook
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Our clientele includes a mix of long read sequencing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global long read sequencing market , including forecasts for subscribers. This global databook contains high-level insights into Global long read sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global long read sequencing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Long read sequencing market size, 2023 (US$M)
Global long read sequencing market share, by product, 2023 & 2030 (%, US$M)
Long read sequencing market: Opportunity assessment by country
Global long read sequencing market, by region, 2023 (US$M)
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Related regional statistics
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