The global long-read sequencing market is expected to grow to 4.517 billion USD in revenue from 2022 to 2031.
The global long-read sequencing market is expected to grow from \$738 million in 2022 to \$4.517 billion by 2031, with a compound annual growth rate (CAGR) of 22.3% during the forecast period from 2023 to 2031. Long-read sequencing technology is widely used in various fields such as biology, medicine, agriculture, and environmental science. In particular, there is an increasing demand in areas such as cancer genome analysis, crop gene analysis, and microbial diversity studies.
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Major Companies: Cantata Bio Agilent Technologies Pacific Biosciences of California Inc MicrobesNG GrandOmics Future Genomics Technologies B.V F. Hoffmann-La Roche Ltd Oxford Nanopore Technologies Limited Illumina Inc Element Bioscience Genome Transcriptome Facility of Bordeaux Thermo Fisher Scientific Inc. St Vincent's Hospital Australia BaseClear B.V. NOVOGENE Takara Bio Inc Jiangsu Hengrui Pharmaceuticals Co. Ltd
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