Europe Long Read Sequencing Market to 2032

Overview

The Europe Long Read Sequencing Market is expected to reach a 3,531.20 USD Million by 2032 and is projected to grow at a CAGR of 20.78% from 2025 to 2032.

Revenue, 2024 (USD Million)
696.04
Forecast, 2032 (USD Million)
3,531.20
CAGR, 2024 - 2032
20.78%
Report Coverage
Europe

Europe Long Read Sequencing Market 2018-2032 USD Million

Europe Long Read Sequencing Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 696.04 USD Million
  • Projected Market Size (2032): 3,531.20 USD Million
  • CAGR (2025-2032): 20.78%

Key Findings of Europe Long Read Sequencing Market

  • The Europe Long Read Sequencing Market was valued at 3,531.20 USD Million in 2024.
  • The Europe Long Read Sequencing Market is likely to grow at a CAGR of 20.78% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Direct Tender in Distribution Channel Segment accounted for the largest share of the market with a revenue of 508.59 USD Million
  • The fastest growing segment Single- Molecule Real- Time Sequencing in Technology Segment grew Fastest with a CAGR of 22.70% during the forecast period from 2024 to 2032.

Europe Long Read Sequencing Market Scope

Europe Long Read Sequencing Market Segmentation & Scope
Technology
  • Others
  • Synthetic Long Read Sequencing
  • Nanopore Sequencing
  • Single- Molecule Real- Time Sequencing
Product
  • Instruments
  • Services 
  • Consumables
Workflow
  • Pre- Sequencing
  • Data Analysis
  • Sequencing
End User
  • Clinics
  • Others
  • Hospitals
  • Clinical Laboratories
  • Pharma & Biotech Entities
  • Academic & Research Institutes
Distribution Channel
  • Retail Sales
  • Direct Tender
Application
  • Others
  • Complex Population
  • RNA Sequencing
  • Epigenetics
  • Targeted Sequencing
  • Whole Genome Sequencing

Europe Long Read Sequencing Market Data Coverage Insights

Study Period 2024-2032
Base Year 2020
Unit Revenue in USD Million
Market Value in 2024 696.04 USD Million
Market Value in 2032 3,531.20 USD Million
CAGR (2025-2032) 20.78%
Historic Data 2016-2023
Market Segments Covered Technology,Product,Workflow,End User,Distribution Channel,Application

Regional Insights:

  • Leading Market (2024-2032): Europe, leading in terms of revenue 696.04 USD Million in 2024
    • Key Country: Germany, leading in terms of revenue with value of 181.49 USD Million in 2024.

Segments and Scope

  • Europe Long Read Sequencing Market to 2032, By Technology
    • Single- Molecule Real- Time Sequencing is the largest segment in Europe Long Read Sequencing Market to 2032 with a revenue of 388.46 USD Million in the year 2024.
    • Single- Molecule Real- Time Sequencing is the Fastest growing segment in Europe Long Read Sequencing Market to 2032 with a Growth rate of 22.70 % in forecast period 2025-2032.
  • Europe Long Read Sequencing Market to 2032, By Product
    • Consumables is the largest segment in Europe Long Read Sequencing Market to 2032 with a revenue of 365.34 USD Million in the year 2024.
    • Services  is the Fastest growing segment in Europe Long Read Sequencing Market to 2032 with a Growth rate of 20.52 % in forecast period 2025-2032.
  • Europe Long Read Sequencing Market to 2032, By Workflow
    • Sequencing is the largest segment in Europe Long Read Sequencing Market to 2032 with a revenue of 444.04 USD Million in the year 2024.
    • Sequencing is the Fastest growing segment in Europe Long Read Sequencing Market to 2032 with a Growth rate of 21.52 % in forecast period 2025-2032.
  • Europe Long Read Sequencing Market to 2032, By End User
    • Academic & Research Institutes is the largest segment in Europe Long Read Sequencing Market to 2032 with a revenue of 370.23 USD Million in the year 2024.
    • Academic & Research Institutes is the Fastest growing segment in Europe Long Read Sequencing Market to 2032 with a Growth rate of 21.74 % in forecast period 2025-2032.
  • Europe Long Read Sequencing Market to 2032, By Distribution Channel
    • Direct Tender is the largest segment in Europe Long Read Sequencing Market to 2032 with a revenue of 508.59 USD Million in the year 2024.
    • Direct Tender is the Fastest growing segment in Europe Long Read Sequencing Market to 2032 with a Growth rate of 22.19 % in forecast period 2025-2032.
  • Europe Long Read Sequencing Market to 2032, By Application
    • Whole Genome Sequencing is the largest segment in Europe Long Read Sequencing Market to 2032 with a revenue of 372.19 USD Million in the year 2024.
    • Whole Genome Sequencing is the Fastest growing segment in Europe Long Read Sequencing Market to 2032 with a Growth rate of 22.15 % in forecast period 2025-2032.

Europe Long Read Sequencing Market Company Share Analysis

 
Name Market Share OwnnerShip HQ Website
Oxford Nanopore Technologies plc. 1,944.00 public/listed Massachusetts www.astrazeneca.com
PacBio 1,944.00 public/listed Massachusetts www.astrazeneca.com
PerkinElmer Inc. 1,944.00 public/listed Massachusetts www.astrazeneca.com
Novogene Co. 1,944.00 public/listed Massachusetts www.astrazeneca.com
Ltd. 1,944.00 public/listed Massachusetts www.astrazeneca.com
Illumina 1,944.00 public/listed Massachusetts www.astrazeneca.com
Inc. 1,944.00 public/listed Massachusetts www.astrazeneca.com
THERMO FISHER SCIENTIFIC INC. 1,944.00 public/listed Massachusetts www.astrazeneca.com
Others 1,944.00 public/listed Massachusetts www.astrazeneca.com
Europe Long Read Sequencing Market Company Share Analysis

Europe Long Read Sequencing Market Geographical Sales Distribution, 2018-2032 USD Million

Europe Long Read Sequencing Market Geographical Sales Distribution, 2018-2032 USD Million

Europe Long Read Sequencing Market Company Profiling

Europe Long Read Sequencing Market Company Profiling
Frequently Asked Questions
The Europe Long Read Sequencing Market is segmented based on Segmentation Technology,Product,Workflow,End User,Distribution Channel,Application.
Europe Long Read Sequencing Market was valued at USD 696.04(Revenue in USD Million) in 2020.
Europe Long Read Sequencing Market is projected to grow at a CAGR of 20.78% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the Europe Long Read Sequencing Market, holding a largest market share of 508.59 USD Million in 2024

Europe Long Read Sequencing Market Scope

Europe Long Read Sequencing Market Segmentation & Scope
Technology
  • Others
  • Synthetic Long Read Sequencing
  • Nanopore Sequencing
  • Single- Molecule Real- Time Sequencing
Product
  • Instruments
  • Services 
  • Consumables
Workflow
  • Pre- Sequencing
  • Data Analysis
  • Sequencing
End User
  • Clinics
  • Others
  • Hospitals
  • Clinical Laboratories
  • Pharma & Biotech Entities
  • Academic & Research Institutes
Distribution Channel
  • Retail Sales
  • Direct Tender
Application
  • Others
  • Complex Population
  • RNA Sequencing
  • Epigenetics
  • Targeted Sequencing
  • Whole Genome Sequencing
Frequently Asked Questions
The Europe Long Read Sequencing Market is segmented based on Segmentation Technology,Product,Workflow,End User,Distribution Channel,Application.
Europe Long Read Sequencing Market was valued at USD 696.04(Revenue in USD Million) in 2020.
Europe Long Read Sequencing Market is projected to grow at a CAGR of 20.78% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Long Read Sequencing Market for final year is USD 3,531.20 (USD Million).

Europe Long Read Sequencing Market Company Profiling

Europe Long Read Sequencing Market Company Profiling
Frequently Asked Questions
The Europe Long Read Sequencing Market is segmented based on Segmentation Technology,Product,Workflow,End User,Distribution Channel,Application.
Europe Long Read Sequencing Market was valued at USD 696.04(Revenue in USD Million) in 2020.
Europe Long Read Sequencing Market is projected to grow at a CAGR of 20.78% during the forecast period of 2024 to 2032.
The estimated market value of the Europe Long Read Sequencing Market for final year is USD 3,531.20 (USD Million).

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