Increasing investment towards by the market players in the research and development in the genomic field and long-read sequencing is likely to fuel the growth of the market. Further rising genetic disorders and advancements in diagnostic techniques are likely to thrust the market. As long-ready sequencing is widely used in the investigation of genetic disorders for which the disease loci are either strongly suspected or previously known. Further, the high cost of the long-read sequencing process is estimated to hinder the growth of the market.
The Asia Pacific is anticipated to contribute significant market growth in terms of revenue generation. Further, the availability of well defines policies and from public to private health insurance firms is anticipated to make patient diagnosis easy to access. Besides rapid research and development activities are stimulating the growth of the market.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 23.5%, during the tenure of 2021 – 2027.
The study is consolidated based on six major segments and further into sub-segments, By By-Products (Instruments, Consumables, Services) By Technology (Single-Molecule Real-Time Sequencing (SMRT), Nanopore Sequencing), By Workflow (Pre-sequencing, Sequencing, Data Analysis), By End-User (Pre-sequencing, Sequencing, Data Analysis), to forecast the market value; Also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players- Oxford Nanopore Technologies Limited; Pacific Biosciences of California, Inc.; Quantapore, Inc.; Stratos Genomics, Inc.; MicrobesNG; Institute of Integrative Biology of the Cell (I2BC); BaseClear B.V.; Future Genomics Technologies B.V.; Garvan Institute of Medical Research; Genome Transcriptome Facility of Bordeaux; NextOmics; Takara Bio, Inc. Oxford Nanopore and Pacific Biosciences
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Long Read Sequencing Market.”
https://www.maximizemarketresearch.com/market-report/global-long-read-sequencing-market/117508/
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