Long Read Sequencing Market 2020 Competitive Landscape By : Oxford Nanopore Technologies, PerkinElmer Inc., Novogene Corporation

Asia-Pacific 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 25.3% in the forecast period of 2020 to 2027 and is expected to reach USD 1,072.68 million by 2027 from USD 180.58 million in 2019.

Asia-Pacific Long Read Sequencing Market 2020, By Technology (Single- Molecule Real- Time Sequencing, Nanopore Sequencing, Synthetic Long Read Sequencing and Others), Product (Instruments, Consumables and Services), Application (Whole Genome Sequencing, Epigenetics, RNA Sequencing, Complex Population, Targeted Sequencing and Others), Workflow (Pre-Sequencing, Sequencing and Data Analysis), End-user (Academic & Research Institutes, Clinical Laboratories, Hospitals, Pharma & Biotech Entities and Others), Distribution Channel (Direct Tender and Retail Sales), Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and rest of Asia Pacific) Industry Trends and Forecast to 2027

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The major players covered in the report are

Illumina, Inc.,
Thermo Fisher Scientific Inc.,
Oxford Nanopore Technologies,
PerkinElmer Inc.,
Novogene Corporation,
Pacific Biosciences of California, Inc.,
Agilent Technologies, Inc.,
BGI,
GENEWIZ Inc. (A subsidiary of Brooks Automation, Inc.),
Longas Technologies,
Lexogen GmbH,
Macrogen, Inc.,
Promega Corporation,
QIAGEN,
Takara Bio Inc. and among other domestic players.

Long read sequencing is a technique which provides the long sequencing fragments of DNA or RNA. These long reads can be of dozens or even hundreds of kilobases in length. Long read sequencing offers the preservation of base modification and eliminates the amplifications step during sequencing which in turn also eliminate the requirement of PCR data. The major techniques of long read sequencing are single molecule real time (SMRT) sequencing and nanopore sequencing. Now a days emulsion based sequencing or synthetic long read (SLR) technologies also used as alternative to long read sequencing.

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

For instance:

In August 2017, PerkinElmer, Inc. launched whole genome sequencing (WGS) and whole exome sequencing (WES) services to expand its 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.

Asia-Pacific Long Read Sequencing Market Scope and Market Size

On the basis of technology, the market is segmented into single- molecule real- time sequencing, nanopore sequencing, synthetic long read sequencing and others.

On the basis of product, the market is segmented into instruments, consumables and services.

On the basis of application, the market is segmented into whole genome sequencing, epigenetics, RNA sequencing, complex population, targeted sequencing and others.

On the basis of work flow, the market is segmented into pre-sequencing, sequencing and data analysis.

On the basis of end-user, the market is segmented into academic & research institutes, clinical laboratories, hospitals, pharma & biotech entities and others.

On the basis of distribution channel, the market is segmented into direct tender and retail sales.

Long Read Sequencing Market Country Level Analysis

The countries covered in long read sequencing market report are Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and rest of Asia-Pacific.

In the Asia-Pacific long read sequencing market, China is dominating the Asia-Pacific long read sequencing market as it holds the largest market share by 2020. Asia-Pacific long read sequencing market is also growing due to increasing number of companies and growing adoption of clinical sequencing and analysis. In China, Japan, Australia it has been observed that they have adopted the next generation sequencing technologies for the disease diagnosis whereas the under developed countries such as South Korea, India, and others are increasing adoption of clinical sequencing and analysis that again acts as major factor for the growth of long read sequencing market across Asia-Pacific long read sequencing market.

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.

Asia-Pacific long read sequencing market also provides you with detailed market analysis for China, Japan, Australia, India, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines and rest of Asia-Pacific 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

Asia-Pacific 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 Asia-Pacific region which are also accelerating the Asia-Pacific long read sequencing market.

For instance,

In January 2016, Illumina, Inc. has launched the MiniSeq Sequencing System. It is a flexible benchtop sequencer which offers a broad range of DNA and RNA sequencing applications. Therefore it makes the next-generation sequencing portfolio strong.

In March 2010, Thermo Fisher Scientific Inc. announced the acquisition of the QIAGEN N.V. Thermo Fisher got the approval of acquiring the QIAGEN for Euro 39 per share in cash. This acquisition helps in improving the product portfolio and increasing the revenues of the company as well as the global reach 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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