롱 리드 시퀀싱 시장 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the long read sequencing market size is expected to increase from USD 1.36 billion in 2025 to USD 1.67 billion in 2026 and reach USD 4.65 billion by 2031, growing at a CAGR of 22.74% over 2026-2031.

This report is Segmented by Product & Service (Instruments, Consumables & Reagents, and More), Technology Platform (SMRT HiFi Sequencing, Nanopore Sequencing, and More), Application (Human Genomics & Rare-Disease Diagnostics, and More), End-User (Academic & Government Research Institutes, and More), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global Long Read Sequencing Market Trends and Insights

Rapid Decline in Per-Base Sequencing Cost

Human whole-genome sequencing now costs less than USD 500 on PacBio's Revio using SPRQ chemistry, a ten-fold reduction since 2020. Oxford Nanopore's increased flow-cell output is set to top 1 million units annually, widening supply and compressing price points. Lower capital outlays encourage mid-tier hospitals to move complex cases in-house, eroding the historic referral model that favored centralized sequencing hubs.

Growing Clinical Uptake for Rare-Disease Diagnostics

Studies show that long read sequencing detects an additional 8.33% of pathogenic variants over short-read techniques in neurodevelopmental cohorts. Children's Mercy Kansas City recently introduced HiFi-based testing, reducing diagnostic odysseys and influencing private-payer coverage policy in the United States. Similar clinical roll-outs are now underway in several EU reference laboratories under the emerging LDT rule.

High Capital & Operating Costs of Long-Read Platforms

Even at discounted launch pricing, a fully configured Revio or PromethION bundle requires a high-six-figure investment, and flow-cell replenishment remains the largest recurring expense for moderate-throughput laboratories. Hospitals with fewer than 300 complex cases per year often delay procurements until payer codes broaden or national grants defray acquisition costs.

Other drivers and restraints analyzed in the detailed report include:

1. Accuracy & Throughput Leap via HiFi/Duplex Chemistries
2. AI-Enabled Base-Calling & Methylation Analytics
3. Bioinformatics & Data-Storage Complexity

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Consumables and reagents accounted for almost half of 2025 revenue and form the backbone of most vendor business models. Subscription-style reagent plans lock customers into predictable spending and offset initial capital concessions granted on large instrument deals. PacBio reported consumables revenue of USD 20.1 million in Q1 2025, up 26% year-over-year despite softer instrument placements. Services and software, however, register the steepest growth as laboratories prioritize turnkey informatics over bare-metal hardware. Cloud licenses bundled with AI-curated variant interpretation enable small clinics to jump straight into accredited testing pathways, a trend that underpins the expected 24.35% CAGR.

Progressively, data analytics platforms such as QIAGEN Digital Insights are embedding multi-omic knowledge graphs that link structural variants to phenotypes and drug targets, turning consumables datasets into subscription revenue streams. The shift suggests that reagent volumes will remain a revenue bedrock, yet software contracts may carry a higher margin and greater lock-in, reshaping competitive levers in the long read sequencing market.

HiFi sequencing captured 58.92% of 2025 revenue, backed by consistent Q30 accuracy that satisfies regulated clinical protocols. In parallel, nanopore devices grow off a smaller base but deliver the strongest 24.68% CAGR courtesy of pocket-sized MinION and desktop GridION units, which enable near-patient testing in infectious-disease outbreaks.

Competition is converging on hybrid strategies. Roche's Sequencing by Expansion (SBX) aims to decouple chemistry from detection, potentially dropping entry prices and forcing incumbents to sharpen value-added features such as methylation profiling at no extra run time Roche. Over the medium term, platform differentiation will move beyond raw read length toward integrated analytics, assay portfolio breadth, and service-level guarantees.

Complete Report Scope:

• By Product & Service
  • Instruments / Platforms
  • Consumables & Reagents
  • Services & Software
• By Technology Platform
  • SMRT HiFi Sequencing
  • Nanopore Sequencing
  • Synthetic Long-Read / Linked-Read
  • Hybrid & Other Emerging
• By Application
  • Human Genomics & Rare-Disease Diagnostics
  • Oncology & Liquid Biopsy
  • Metagenomics & Microbiome
  • Transcriptomics (Iso-Seq, Direct RNA)
  • Agrigenomics & Plant/Animal Breeding
  • Others
• By End-User
  • Academic & Government Research Institutes
  • Clinical & Diagnostic Laboratories
  • Pharmaceutical & Biopharma Companies
  • CROs & Service Providers
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • Germany
    • United Kingdom
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • GCC
    • South Africa
    • Rest of Middle East and Africa

Geography Analysis

North America delivered 50.10% of 2025 revenue, underpinned by mature reimbursement structures and abundant venture capital that sustains start-ups focused on AI genomics tooling. NIH-funded initiatives, such as the Center for Alzheimer's and Related Dementias, regularly deploy PromethION for multi-omic profiling, reinforcing regional leadership. Canada's CAD 200 million National Genomics Data Initiative further enlarges data-generation capacity and encourages cross-border research consortia. Despite leadership, growth moderates as saturated major academic centers transition to replacement rather than expansion budgets.

Asia-Pacific logs the fastest 25.52% CAGR on the back of public-sector programs that embed population genomics into disease-prevention strategies. Japan's RIKEN delivered a landmark 3,200-individual long read dataset in 2025, providing a reference panel for East Asian precision medicine. China's industrial policy grants drive large-scale factory builds for flow-cell components, ensuring supply security and cost competitiveness. Australia is piloting newborn genome screening, positioning long read sequencing as a frontline diagnostic for severe early-onset disorders.

Europe benefits from coordinated efforts such as Genome of Europe, a USD 48 million initiative connecting 51 institutes across 27 nations to generate a continent-wide pangenome. Germany's lonGER project integrates Oxford Nanopore workflows into national rare-disease clinics, accelerating diagnostic pipelines and creating training hubs for surrounding EU member states. While GDPR compliance challenges slow cross-border data federation, progressive regulatory sandboxes in Finland and Estonia suggest pragmatic routes to maintain privacy without stifling discovery.

1. Pacific Bioscience
2. Oxford Nanopore Technologies plc
3. Illumina
4. MGI Tech Co. Ltd.
5. BGI Genomics Co. Ltd.
6. Thermo Fisher Scientific
7. QIAGEN
8. Agilent Technologies
9. Roche Sequencing Solutions Inc.
10. Genapsys Inc.
11. Ultima Genomics Inc.
12. Element Biosciences Inc.
13. 10x Genomics Inc.
14. Nabsys Inc.
15. Stratos Genomics (Danaher)
16. Bionano Genomics Inc.
17. SeqLL Inc.
18. Quantapore Inc.
19. Omniome (PacBio)
20. Singular Genomics Systems Inc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions & Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Rapid Decline in Per-Base Sequencing Cost
  • 4.2.2 Growing Clinical Uptake for Rare-Disease Diagnostics
  • 4.2.3 Accuracy & Throughput Leap via HiFi/Duplex Chemistries
  • 4.2.4 AI-Enabled Base-Calling & Methylation Analytics
  • 4.2.5 Portable Real-Time Sequencing for Bio-Security Surveillance
  • 4.2.6 National Genomic-Sovereignty Initiatives Funding Long-Read Programs
• 4.3 Market Restraints
  • 4.3.1 High Capital & Operating Costs of Long-Read Platforms
  • 4.3.2 Bioinformatics & Data-Storage Complexity
  • 4.3.3 Reagent-Grade Nanopore Membrane Supply-Chain Fragility
  • 4.3.4 Intensifying IP Litigation Among Platform Vendors
• 4.4 Value/ Supply-Chain Analysis
• 4.5 Regulatory Landscape
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces
  • 4.7.1 Threat of New Entrants
  • 4.7.2 Bargaining Power of Suppliers
  • 4.7.3 Bargaining Power of Buyers
  • 4.7.4 Threat of Substitutes
  • 4.7.5 Competitive Rivalry

5 Market Size & Growth Forecasts

• 5.1 By Product & Service
  • 5.1.1 Instruments / Platforms
  • 5.1.2 Consumables & Reagents
  • 5.1.3 Services & Software
• 5.2 By Technology Platform
  • 5.2.1 SMRT HiFi Sequencing
  • 5.2.2 Nanopore Sequencing
  • 5.2.3 Synthetic Long-Read / Linked-Read
  • 5.2.4 Hybrid & Other Emerging
• 5.3 By Application
  • 5.3.1 Human Genomics & Rare-Disease Diagnostics
  • 5.3.2 Oncology & Liquid Biopsy
  • 5.3.3 Metagenomics & Microbiome
  • 5.3.4 Transcriptomics (Iso-Seq, Direct RNA)
  • 5.3.5 Agrigenomics & Plant/Animal Breeding
  • 5.3.6 Others
• 5.4 By End-User
  • 5.4.1 Academic & Government Research Institutes
  • 5.4.2 Clinical & Diagnostic Laboratories
  • 5.4.3 Pharmaceutical & Biopharma Companies
  • 5.4.4 CROs & Service Providers
• 5.5 By Geography
  • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
  • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
  • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 India
    • 5.5.3.3 Japan
    • 5.5.3.4 South Korea
    • 5.5.3.5 Australia
    • 5.5.3.6 Rest of Asia-Pacific
  • 5.5.4 South America
    • 5.5.4.1 Brazil
    • 5.5.4.2 Argentina
    • 5.5.4.3 Rest of South America
  • 5.5.5 Middle East and Africa
    • 5.5.5.1 GCC
    • 5.5.5.2 South Africa
    • 5.5.5.3 Rest of Middle East and Africa

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Market Share Analysis
• 6.3 Company Profiles (includes Global Level Overview, Market Level Overview, Core Segments, Financials as Available, Strategic Information, Market Rank/Share for Key Companies, Products & Services, and Recent Developments)
  • 6.3.1 Pacific Biosciences of California Inc.
  • 6.3.2 Oxford Nanopore Technologies plc
  • 6.3.3 Illumina Inc.
  • 6.3.4 MGI Tech Co. Ltd.
  • 6.3.5 BGI Genomics Co. Ltd.
  • 6.3.6 Thermo Fisher Scientific Inc.
  • 6.3.7 Qiagen NV
  • 6.3.8 Agilent Technologies Inc.
  • 6.3.9 Roche Sequencing Solutions Inc.
  • 6.3.10 Genapsys Inc.
  • 6.3.11 Ultima Genomics Inc.
  • 6.3.12 Element Biosciences Inc.
  • 6.3.13 10x Genomics Inc.
  • 6.3.14 Nabsys Inc.
  • 6.3.15 Stratos Genomics (Danaher)
  • 6.3.16 Bionano Genomics Inc.
  • 6.3.17 SeqLL Inc.
  • 6.3.18 Quantapore Inc.
  • 6.3.19 Omniome (PacBio)
  • 6.3.20 Singular Genomics Systems Inc.

7 Market Opportunities & Future Outlook

• 7.1 White-space & Unmet-Need Assessment