Long Read Sequencing Market Future Opportunities, Revenue Growth, Valuation And Gain 2019- 2027

According to a new market study informative report entitled “Long Read Sequencing Market 2019-2027“: Global Analysis and Forecasts by Growth focusing Manufacturers are (BaseClear B.V., Bionano Genomics, Illumina, Inc., Longas Technologies, Oxford Nanopore Technologies., Pacific Biosciences of California, Inc., PerkinElmer Inc., Quantapore, Inc., Stratos Genomics, TATAA Biocenter) and Geography, “ explaining their rapid growth, Industry Evolution, and key Development till 2027.

The long read sequencing market is anticipated to grow in the forecast, owing to rising investments by key players in R&D activities related to long-read sequencing technologies, along with the rise in the cases of genetic disorders. Also, the benefits offered by long-read sequencing compared to short-read sequencing is expected to provide significant growth opportunities in the market during the forecast period.

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Long read sequencing is a technique used for the separation of genome sequences, which cannot be sequenced by short-read methods. Since the genome of most of the organisms is more extensive and cannot be read in a single stretch, long-read sequencing offers the benefit of obtaining better and longer reads. The technique provides various advantages in clinical analysis of various disorders owing to the interests such as improvements in genome assembly, detection of genome variants, and haplotype phasing, among others.

The long read sequencing market is segmented on the basis of product, workflow, application, and end user. Based on product the market is segmented as, consumables, instruments and services. On the basis of workflow, the market is segmented as, data analysis, pre-sequencing and sequencing. The long read sequencing market is categorized based on application such as cancer, rare diseases, genetic diseases, and infectious diseases. Similarly based on end users, the market is categorized as, research institutes, hospitals & clinics and pharmaceutical & biotechnology companies.

The report covers key developments in the long read sequencing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players.

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This release was published on openPR.