+24.2% CAGR of Long Read Sequencing Market in Europe Region : Analysis by Key Players Lexogen GmbH, Macrogen, Inc., BioCat GmbH, FG Technologies, Promega Corporation

The Europe Long Read Sequencing Market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces analysis. In this report, the statistical and numerical data such as facts and figures are represented very neatly by using charts, tables or graphs. The market report also interprets the growth outlook of the Europe Long Read Sequencing Market. Under competitive analysis section, major key players existing in the market are mentioned along with a number of details such as company profiles, their market share analysis, and their diverse strategies which make them thrive in the market.

Europe long read sequencing market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 24.2% in the forecast period of 2020 to 2027 and is expected to reach USD 1,373.69 million by 2027 from USD 248.37 million in 2019.

Leading Players are - Illumina, Inc., Thermo Fisher Scientific Inc., Oxford Nanopore Technologies, PerkinElmer Inc., Novogene Corporation, Pacific Biosciences of California, Inc., Agilent Technologies, Inc., BaseClear B.V. BGI, GENEWIZ Inc. (A subsidiary of Brooks Automation, Inc.), Lexogen GmbH, Macrogen, Inc., BioCat GmbH, FG Technologies, Promega Corporation, QIAGEN, TATAA Biocenter and among other domestic players.

DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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Market Analysis and Insights: Europe Long Read Sequencing Market

Long read sequencing generates the long sequencing reads or fragments which can be of dozens or even hundreds of kilobases in length. Mostly the long read sequencing techniques do not require polymerase chain reaction (PCR) steps as well as these are not labour intensive. The main techniques of long read sequencing are single molecule real time (SMRT) sequencing and nanopore sequencing. Long read sequencing can detect the base modification and epigenetic modification on DNA along with sequencing of complete transcript without any requirement of assembly. Long read sequencing has major applications in whole genome sequencing, animal and plant genome sequencing, epigenetics and de novo sequencing.

Long Read Sequencing Market has increased with increasing need of RNA sequencing and targeted sequencing which further includes microbiology and infectious disease research, human biomedical research and HLA sequencing.

For instance:

In March 2019, Oxford Nanopore introduced Flongle for rapid, short DNA / RNA sequence analysis. Flongle is an adapter which can be used with the desktop GridION X5 and portable MinION sequencing devices. Small Flongle cells that can produce as much as 1.8 Gb of sequence data with headroom for more than 3 Gb. This product launch will help in the strengthening of the company's product portfolio.

Currently various research studies are taking place which is expected to create a competitive advantage for manufacturers to develop new and innovative long read sequencing and expected to provide various other opportunities in the long read sequencing market.

However high cost of the long read sequencing procedure and technological challenges of process are expected to restraint the market growth.

The long read sequencing market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Europe Long Read Sequencing Market Scope and Market Size

Europe long read sequencing market is segmented on the basis of technology, product, application, workflow, end-user and distribution channel. The growth among segments helps you analyses niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of technology, the market is segmented into single- molecule real- time sequencing, nanopore sequencing, synthetic long read sequencing and others. In 2020, single- molecule real- time sequencing is dominating the market because it offers the high efficiency and accuracy due to long length fragments. In addition, SMRT eliminates the amplification step during sample preparation. Thus, it has been adopted by researchers to expand repeat genomic regions and integrate genomes.

On the basis of product, the market is segmented into instruments, consumables and services. Instruments are further segmented into standalone and portable. Consumables are further segmented into kits, probes and others. Kits are further segmented into ligation sequencing kit, rapid / field sequencing kit, PCR sequencing kit, rapid PCR sequencing kit, 16s barcoding kit, direct RNA sequencing kit, direct cDNA sequencing kit and others. Services are further segmented into library preparation, sequencing, analysis and others. In 2020, consumables holds the largest portion of the market in order to perform genome sequencing, end users have to regularly collect intervals as they are used to run multiple sequences. For instance, a single SMRT is used according to cell sequencing reactions. The service department is expected to display the highest CAGR during the forecast period.

On the basis of application, the market is segmented into whole genome sequencing, epigenetics, RNA sequencing, complex population, targeted sequencing and others. Whole genome sequencing is further segmented into human whole genome, microbial whole genome and others. Targeted sequencing is further segmented into microbiology and infectious disease, human biomedical research, HLA sequencing and others. In 2020, whole genome sequencing is dominating the market due to the detection ability of SMRT reads that can detect structural variants in the human genome that were earlier missed by short-read technologies.

On the basis of work flow, the market is segmented into pre-sequencing, sequencing and data analysis. In 2020, sequencing is dominating the market because the molecular biology and genome sequencing methods are prevalent in many biotechnology institutes. Accordingly, the increasing use of sequential analysis methods by research, academic workshops and on-site bioinformatics courses offered by universities is expected to encourage academic research departments.

On the basis of end-user, the market is segmented into academic & research institutes, clinical laboratories, hospitals, pharma & biotech entities and others. In 2020, academic & research institutes dominates the market due to the presence of numerous biotechnology institutes that explore molecular biology and genome sequencing methods. Accordingly, the increasing use of sequence analysis methods in research, academic workshops and on-site bioinformatics courses offered by universities is expected to encourage academic research departments.

On the basis of distribution channel, the market is segmented into direct tender and retail sales. In 2020, direct tender is dominating the market as most of the service providers purchase the devices from manufacturers, and it is noticed that revenue from direct sales is higher, so it is influential as well as growing in the market.

View Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=europe-long-read-sequencing-market

Long Read Sequencing Market Country Level Analysis

Europe long read sequencing market is analyzed and market size information is provided by country, technology, product, application, workflow, end-user and distribution channel.

The countries covered in long read sequencing market report are Germany, France, Italy, Spain, United Kingdom, Belgium, Netherlands, Russia, Turkey, Switzerland and rest of Europe.

In the Europe market, Germany is dominating the Europe long read sequencing market as it holds the largest market share by 2020. Europe long read sequencing market is also growing due to large number of companies and growing adoption of next generation sequencing for the clinical diagnostics.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Increasing Product Expansion and Acquisitions in Long Read Sequencing is creating new opportunities for these organizations in Europe Long Read Sequencing Market

Europe long read sequencing market also provides you with detailed market analysis Germany, France, Italy, Spain, United Kingdom, Belgium, Netherlands, Russia, Turkey, Switzerland and rest of Europe growth in aesthetic industry with long read sequencing sales, impact of advancement in the long read sequencing and changes in regulatory scenarios with their support for the long read sequencing market. The data is available for historic period 2010 to 2018.

Competitive Landscape and Long Read Sequencing Market Share Analysis

Europe long read sequencing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to long read sequencing market.

Many product launch and developments are also initiated by the companies across Europe region which are also accelerating the Europe long read sequencing market.

For instance,

In April 2019, TATAA Biocenter has expanded its next-generation sequencing techniques with loop genomics technology for long read Illumina sequencing. They have signed the collaboration agreement with each other. In this loop genomics provides the high sequencing accuracy and relative low price of the Illumina sequencers. This would make the company's portfolio strong and helps in its expansion by collaboration.

In June 2017, FG Technologies bought the genomics department of ZF-screens B.V. This acquisition by FG Technologies transferred the knowledge generated within Leiden University to the market and thus increased its demand in the market.
Clinical study data sets, authorization, collaboration, acquisitions, joint ventures and other strategies by the market player is enhancing the company market in the long read sequencing market also provides the benefit for organization to improve their offering for long read sequencing.

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