Asia Pacific Long Read Sequencing Market Size & Outlook

The long read sequencing market in Asia Pacific is expected to reach a projected revenue of US$ 791.5 million by 2030. A compound annual growth rate of 35.1% is expected of Asia Pacific long read sequencing market from 2024 to 2030.
Revenue, 2023 (US$M)
$96.4
Forecast, 2030 (US$M)
$791.5
CAGR, 2024 - 2030
35.1%
Report Coverage
Asia Pacific

Asia Pacific long read sequencing market highlights

  • The Asia Pacific long read sequencing market generated a revenue of USD 96.4 million in 2023.
  • The market is expected to grow at a CAGR of 35.1% from 2024 to 2030.
  • In terms of segment, consumables was the largest revenue generating product in 2023.
  • Services is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, China is expected to register the highest CAGR from 2024 to 2030.

Asia Pacific data book summary

Market revenue in 2023USD 96.4 million
Market revenue in 2030USD 791.5 million
Growth rate35.1% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Consumables, Services
Key market players worldwidePacific Biosciences of California Inc, Oxford Nanopore Technologies PLC, Eurofins Scientific SE, Roche Holding AG ADR, New England Biolabs, Huawei Technologies, BGI Group, Quantapore, Element Biosciences, MicrobesNG

Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 16.8% of the global long read sequencing market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 791.5 million by 2030.

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Long Read Sequencing Market Companies

Name Profile # Employees HQ Website

Asia Pacific 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 62.86% in 2023. Horizon Databook has segmented the Asia Pacific long read sequencing market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Asia Pacific Long Read Sequencing Product Outlook (Revenue, USD Million, 2018-2030)
    • Instruments
    • Consumables
    • Services
  • Asia Pacific Long Read Sequencing Technology Outlook (Revenue, USD Million, 2018-2030)
    • Single Molecule Real Time Sequencing
    • Nanopore Sequencing
    • Others
  • Asia Pacific Long Read Sequencing Workflow Outlook (Revenue, USD Million, 2018-2030)
    • Pre-sequencing
    • Sequencing
    • Data Analysis
  • Asia Pacific Long Read Sequencing Application Outlook (Revenue, USD Million, 2018-2030)
    • Whole Genome Sequencing
    • Targeted Sequencing
    • Metagenomics
    • RNA Sequencing
    • Epigenetics
    • Others
  • Asia Pacific 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 Asia Pacific long read sequencing market databook

  • Our clientele includes a mix of long read sequencing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific long read sequencing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific long read sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific long read sequencing market size, by country, 2018-2030 (US$M)

Asia Pacific Long Read Sequencing Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific long read sequencing market size, by country, 2018-2030 (US$M)

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