Australia Long Read Sequencing Market Size & Outlook

The long read sequencing market in Australia is expected to reach a projected revenue of US$ 40.9 million by 2030. A compound annual growth rate of 27.7% is expected of Australia long read sequencing market from 2024 to 2030.
Revenue, 2023 (US$M)
$7.4
Forecast, 2030 (US$M)
$40.9
CAGR, 2024 - 2030
27.7%
Report Coverage
Australia

Australia long read sequencing market highlights

  • The Australia long read sequencing market generated a revenue of USD 7.4 million in 2023 and is expected to reach USD 40.9 million by 2030.
  • The Australia market is expected to grow at a CAGR of 27.7% 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.

Long read sequencing market data book summary

Market revenue in 2023USD 7.4 million
Market revenue in 2030USD 40.9 million
Growth rate27.7% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 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, Australia accounted for 1.3% of the global long read sequencing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China long read sequencing market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 297.3 million by 2030.

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Long Read Sequencing Market Companies

Name Profile # Employees HQ Website

Australia 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 62.16% in 2023. Horizon Databook has segmented the Australia long read sequencing market based on instruments, consumables, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Australia Long Read Sequencing Product Outlook (Revenue, USD Million, 2018-2030)
    • Instruments
    • Consumables
    • Services
  • Australia Long Read Sequencing Technology Outlook (Revenue, USD Million, 2018-2030)
    • Single Molecule Real Time Sequencing
    • Nanopore Sequencing
    • Others
  • Australia Long Read Sequencing Workflow Outlook (Revenue, USD Million, 2018-2030)
    • Pre-sequencing
    • Sequencing
    • Data Analysis
  • Australia Long Read Sequencing Application Outlook (Revenue, USD Million, 2018-2030)
    • Whole Genome Sequencing
    • Targeted Sequencing
    • Metagenomics
    • RNA Sequencing
    • Epigenetics
    • Others
  • Australia 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 Australia 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.).
  • 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 country-level data and insights on the Australia long read sequencing market , including forecasts for subscribers. This country databook contains high-level insights into Australia long read sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia long read sequencing market size, by product, 2018-2030 (US$M)

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

Australia long read sequencing market size, by product, 2018-2030 (US$M)

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