Transformative Trends Impacting the Short Read Sequencing Market Landscape: Short-Read Sequencing Market Advances With Cutting-Edge Technology Innovations

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How Large Will the Short Read Sequencing Market Size By 2025?
In recent times, there has been a swift expansion in the size of the short read sequencing market. The market, which was valued at $6.66 billion in 2024, is projected to soar to $7.86 billion in 2025 with a CAGR of 18.0%. This progress during the historical phase is credited to genomic research initiatives, a heightened incidence of genetic disorders, pharmaceutical and biotech investigations, diagnostic uses, and falling sequencing costs.

How Big Is the Short Read Sequencing Market Size Expected to Grow by 2029?
Predictions indicate swift expansion in the short read sequencing market in the upcoming years, with its size ballooning to $15.21 billion in 2029, representing a 17.9% compound annual growth rate (CAGR). This growth trajectory through the forecast period is likely powered by the progression of precision medicine, the swift expansion in personalized genomics, broader applications in the agricultural sector, an uptick in microbiome research, and heightened demand in developing markets. Expect to see trends in this forecast period such as increased automation and high throughput, the rise of cloud-based solutions, the application of AI and machine learning, the advent of portable sequencing technologies, as well as the synergy of long-read sequencing.

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Which Key Market Drivers Powering Short Read Sequencing Market Expansion and Growth?
The escalating incidence of genetic disorders is predicted to accelerate the expansion of the short-read sequencing market in the future. Genetic maladies arise from disparities or alterations within a person's DNA or genes, leading to physical, developmental, or biochemical discrepancies that could potentially disrupt their health and quality of life. Short-read sequencing is employed in diagnosing genetic illnesses by thoroughly examining the genome and effectively identifying variants associated with these diseases. For example, in June 2022, RARE-X, a patient aid platform based in Australia, revealed in a report that there were in total 10,867 rare diseases, incorporating both genetic and non-genetic conditions. Thus, the escalating incidence of genetic disorders is fuelling the growth of the short-read sequencing market.

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Which Fast-Growing Trends Are Poised to Disrupt the Short Read Sequencing Market?
Advancements in technology are becoming a popular trend in the short-read sequencing market. Major firms in this sector are concentrating on enhancing their technology to increase their observational capabilities and maintain their market dominance. For example, Pacific Biosciences Inc., an American manufacturer of premium, highly accurate sequencing technologies, initiated external beta testing of the Onso sequencing system in October 2022. This system was constructed to deliver accurate data while also being affordable. The short-read platform was designed to offer sensitive and precise targeted sequence analysis results to researchers in oncology.

What Are the Emerging Segments in the Short Read Sequencing Market?
The short read sequencing market covered in this report is segmented -

1) By Product: Instruments, Consumables, Services.
2) By Technology: Next-Generation Sequencing, Sanger Sequencing.
3) By Workflow: Pre-Sequencing, Sequencing, Data Analysis.
4) By Application: Clinical Investigation, Oncology, Reproductive Health, Consumer Genomics, Agri genomics And Forensics, HLA Typing Or Immune System Monitoring.
5) By End Users: Academic Research, Hospitals And Clinics, Clinical Research, Pharmaceutical And Biotechnology Companies.

Subsegments:
1) By Instruments: Next-Generation Sequencing (NGS) Systems, Sequencing Platforms, Library Preparation Systems
2) By Consumables: Reagents And Kits, Flow Cells, Sample Preparation Consumables
3) By Services: Sequencing Services, Data Analysis Services, Bioinformatics Services

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Who Are the Global Leaders in the Short Read Sequencing Market?
Major companies operating in the short read sequencing market include F. Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., GE HealthCare Technologies Inc., Cytiva Lifesciences, Eurofins Scientific SE, Agilent Technologies Inc., Beckman Coulter Inc., Illumina Inc., QIAGEN N.V., PerkinElmer Inc., BGI Genomics Co Ltd, MGI Tech Co. Ltd., GenScript Biotech Corporation., 10x Genomics Inc., Novogene Co. Ltd, Oxford Nanopore Technologies Ltd., Pacific Biosciences of California Inc., Macrogen Inc., Genewiz Inc., Zymo Research Corporation, GenapSys Inc., Fasteris SA, Paragon Genomics Inc., Nabsys Inc., GATC Biotech AG

Which are the Top Profitable Regional Markets for the Short Read Sequencing Industry?
North America was the largest region in the Short Read Sequencing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the short read sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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