Market Overview:
The global long read sequencing market exhibited strong growth during 2015-2020. Long read sequencing (LRS) improves de novo assembly, mapping certainty, transcript isoform identification, and detection of structural variants. It also eliminates amplification bias while preserving base modifications. On account of these capabilities, LRS finds a broad range of applications in genomics for both model and non-model organisms. Moreover, compared to the next-generation sequencing (NGS) approach, LRS technology produces high-quality genome assemblies, captures clinically relevant genomic elements, and offers improvements in the characterization of genetic variation and regions.
The rising number of individuals suffering from genetic disorders, along with the increasing acceptance of modern approaches for medical diagnostics, represents one of the key factors bolstering the market growth. The escalating demand for LRS technology can also be attributed to its portability and real-time speed. It is also used to produce an accurate reference map of the centromere of the chromosomes. Apart from this, various biotech companies are developing innovative technologies that combine a new library prep method and genome analysis tools. In line with this, several studies indicate that LRS technology plays a crucial role in discovering novel pathogenic mutations in human diseases with unknown genetic causes. This presents numerous opportunities to researchers for using the technology in whole-genome sequencing (WGS) and enabling advancements in medical genetics. Furthermore, the rising utilization of sequence analysis methodologies in medical institutes for academic purposes, in confluence with the increasing investments in research and development (R&D) activities, is anticipated to drive the market growth further. Looking forward, IMARC Group expects the global long read sequencing market to grow at a CAGR of around 22% during the forecast period (2021-2026).
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global long read sequencing market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, technology, product, application and end use.
Breakup by Technology:
- Single-Molecule Real-Time Sequencing (SMRT)
- Nanopore Sequencing
Breakup by Product:
- Instruments
- Consumables
- Others
Breakup by Application:
- Whole Genome Sequencing
- Epigenetics
- RNA Sequencing
- Targeted Sequencing
- Others
Breakup by End Use:
- Academic and Research Institutes
- Hospitals and Clinics
- Pharma and Biotech Companies
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BaseClear B.V., Future Genomics Technologies B.V., Genexa AG, MicrobesNG, Oxford Nanopore Technologies Limited, Pacific Biosciences of California Inc., Promega Corporation, Quantapore Inc., Roche Sequencing (F. Hoffmann-La Roche AG), Takara Bio Inc. and Thermo Fisher Scientific Inc.
Key Questions Answered in This Report:
- How has the global long read sequencing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global long read sequencing market?
- What are the key regional markets?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global long read sequencing market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Long Read Sequencing Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Technology
6.1 Single-Molecule Real-Time Sequencing (SMRT)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Nanopore Sequencing
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product
7.1 Instruments
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Consumables
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Whole Genome Sequencing
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Epigenetics
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 RNA Sequencing
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Targeted Sequencing
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by End Use
9.1 Academic and Research Institutes
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Hospitals and Clinics
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Pharma and Biotech Companies
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 BaseClear B.V.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2 Future Genomics Technologies B.V.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 Genexa AG
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 MicrobesNG
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Oxford Nanopore Technologies Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Pacific Biosciences of California Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.7 Promega Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Quantapore Inc.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Roche Sequencing (F. Hoffmann-La Roche AG)
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Takara Bio Inc.
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11 Thermo Fisher Scientific Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.11.4 SWOT Analysis
List of Figures
Figure 1: Global: Long Read Sequencing Market: Major Drivers and Challenges
Figure 2: Global: Long Read Sequencing Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Long Read Sequencing Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Long Read Sequencing Market: Breakup by Technology (in %), 2020
Figure 5: Global: Long Read Sequencing Market: Breakup by Product (in %), 2020
Figure 6: Global: Long Read Sequencing Market: Breakup by Application (in %), 2020
Figure 7: Global: Long Read Sequencing Market: Breakup by End Use (in %), 2020
Figure 8: Global: Long Read Sequencing Market: Breakup by Region (in %), 2020
Figure 9: Global: Long Read Sequencing (Single-Molecule Real-Time Sequencing (SMRT)) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Long Read Sequencing (Single-Molecule Real-Time Sequencing (SMRT)) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Long Read Sequencing (Nanopore Sequencing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Long Read Sequencing (Nanopore Sequencing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Long Read Sequencing (Instruments) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Long Read Sequencing (Instruments) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Long Read Sequencing (Consumables) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Long Read Sequencing (Consumables) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Long Read Sequencing (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Long Read Sequencing (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Long Read Sequencing (Whole Genome Sequencing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Long Read Sequencing (Whole Genome Sequencing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Long Read Sequencing (Epigenetics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Long Read Sequencing (Epigenetics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Long Read Sequencing (RNA Sequencing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Long Read Sequencing (RNA Sequencing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Long Read Sequencing (Targeted Sequencing) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Long Read Sequencing (Targeted Sequencing) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Long Read Sequencing (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Long Read Sequencing (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Long Read Sequencing (Academic and Research Institutes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Long Read Sequencing (Academic and Research Institutes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Long Read Sequencing (Hospitals and Clinics) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Long Read Sequencing (Hospitals and Clinics) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Long Read Sequencing (Pharma and Biotech Companies) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Long Read Sequencing (Pharma and Biotech Companies) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Long Read Sequencing (Other End Uses) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Long Read Sequencing (Other End Uses) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: North America: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United States: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: United States: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Canada: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Canada: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Asia-Pacific: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Asia-Pacific: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: China: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: China: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Japan: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Japan: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: India: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: India: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South Korea: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South Korea: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Australia: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Australia: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Indonesia: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Indonesia: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Europe: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Europe: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Germany: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Germany: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: France: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: France: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: United Kingdom: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: United Kingdom: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Italy: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Italy: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Spain: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Spain: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Russia: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Russia: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Others: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Others: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Latin America: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Latin America: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Brazil: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Brazil: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Mexico: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Mexico: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Others: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Others: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Middle East and Africa: Long Read Sequencing Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Middle East and Africa: Long Read Sequencing Market: Breakup by Country (in %), 2020
Figure 85: Middle East and Africa: Long Read Sequencing Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Global: Long Read Sequencing Industry: SWOT Analysis
Figure 87: Global: Long Read Sequencing Industry: Value Chain Analysis
Figure 88: Global: Long Read Sequencing Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Long Read Sequencing Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Long Read Sequencing Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 3: Global: Long Read Sequencing Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 4: Global: Long Read Sequencing Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Long Read Sequencing Market Forecast: Breakup by End Use (in Million US$), 2021-2026
Table 6: Global: Long Read Sequencing Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Long Read Sequencing Market: Competitive Structure
Table 8: Global: Long Read Sequencing Market: Key Players