Global Long Read Sequencing Market is estimated to be valued at USD 784.9 Mn in 2025 and is expected to reach USD 5,224.1 Mn by 2032, growing at a compound annual growth rate (CAGR) of 31.1% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 784.9 Mn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
31.10%
2032 Value Projection:
USD 5,224.1 Mn
Figure. Global Long Read Sequencing Market Share (%), By Region 2025
Long read sequencing which is also known as third-generation sequencing, allows sequencing of longer deoxyribonucleic acid (DNA) fragments as compared to traditional short read sequencing technologies. There are two main products in the long read sequencing market - PacBio sequencing systems and Oxford nanopore sequencing systems.
PacBio sequencing systems use single-molecule real-time (SMRT) sequencing to read entire DNA molecules. This method detects fluorescence from individual DNA polymerase complexes to determine the sequence in real time as synthesis occurs. The advantage is that it can generate read lengths of 10-20kb on average, which is useful for sequencing complex genomes and determining haplotypes. However, it has a higher error rate of 15% as compared to short read technologies. Oxford nanopore sequencing systems are based on protein nanopores and can read DNA strands passing through these nanopores. It can produce very long reads in the range of 50kb-1Mb. Though the error rate is higher at 6-15%, ongoing developments aim to reduce it. An added advantage is that the portable MinION device allows real-time and off-grid sequencing.
Long read sequencing technologies have enabled sequencing of much longer fragments as compared to short read methods. While error rates are still relatively high, ongoing research promises to reduce it further and allow more accurate assembly of complex genomes.
Market Dynamics:
Increasing novel product launches by the market players and increasing funding for the research and development (R&D) of innovative products is expected to drive the market growth over the forecast period.
Key Features of the Study:
This report provides an in-depth analysis of the global long read sequencing market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global long read sequencing market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Illumina Inc., Pacific Biosciences, Oxford Nanopore Technologies, PerkinElmer, Stratos Genomics, Phase Genomics, 10x Genomics, Genapys, Bionano Genomics, and Other Prominent Players
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global long read sequencing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global long read sequencing market
Detailed Segmentation:
Global Long Read Sequencing Market, By Technology
Single Molecule Real-Time (SMRT) Sequencing
Nanopore Sequencing
Global Long Read Sequencing Market, By Product
Systems
Consumables
Global Long Read Sequencing Market, By Application
DNA Sequencing
RNA Sequencing
Epigenetics
Global Long Read Sequencing Market, By End User
Pharmaceutical & Biotechnology Companies
CDMO
Academic & Research Institutes
Global Long Read Sequencing Market, By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Company Profiles
Illumina Inc.
Pacific Biosciences
Oxford Nanopore Technologies
PerkinElmer
Stratos Genomics
Phase Genomics
10x Genomics
Genapys
Bionano Genomics
Other Prominent Players
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Technology
Market Snippet, By Product
Market Snippet, By Application
Market Snippet, By End User
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Increasing applications in DNA sequencing
Increasing funding and investments
Key Highlights
Regulatory Scenario
Recent Trends
PEST Analysis
PORTER's Analysis
Mergers, Acquisitions, and Collaborations
4. Global Long Read Sequencing Market - Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Long Read Sequencing Market, By Technology, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, 2025 and 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Single Molecule Real-Time (SMRT) Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Nanopore Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
6. Global Long Read Sequencing Market, By Product, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, 2025 and 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Systems
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Consumables
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
7. Global Long Read Sequencing Market, By Application, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, 2025 and 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
DNA Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
RNA Sequencing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Epigenetics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
8. Global Long Read Sequencing Market, By End User, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, 2025 and 2032(%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Pharmaceutical & Biotechnology Companies
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
CDMO
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
Academic & Research Institutes
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2020-2032,(US$ Mn)
9. Global Long Read Sequencing Market, By Region, 2020-2032, (US$ Mn)
Introduction
Market Share Analysis, By Region, 2025 and 2032(%)
Y-o-Y Growth Analysis, For Region, 2021-2032
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Mn)
U.S.
Canada
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Mn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Mn)
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Mn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2020-2032,(US$ Mn)
GCC Countries
Israel
Rest of Middle East
Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Product, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2020-2032,(US$ Mn)