North America Long Read Sequencing Market to 2032
Overview
The North America Long Read Sequencing Market is expected to reach a 7.35 USD Billion by 2032 and is projected to grow at a CAGR of 39.25% from 2025 to 2032.
Revenue, 2024 (USD Billion)
1.34
Forecast, 2032 (USD Billion)
7.35
CAGR, 2024 - 2032
39.25%
Report Coverage
North America
North America Long Read Sequencing Market 2018-2032 USD Billion
North America Long Read Sequencing Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 1.34 USD Billion
- Projected Market Size (2032): 7.35 USD Billion
- CAGR (2025-2032): 39.25%
Key Findings of North America Long Read Sequencing Market
- The North America Long Read Sequencing Market was valued at 1.34 USD Billion in 2024.
- The North America Long Read Sequencing Market is likely to grow at a CAGR of 39.25% 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 0.96 USD Billion
- The fastest growing segment Single- Molecule Real- Time Sequencing in Technology Segment grew Fastest with a CAGR of 43.74% during the forecast period from 2024 to 2032.
North America Long Read Sequencing Market Scope
North America Long Read Sequencing Market Segmentation & Scope
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
Workflow
- Pre- Sequencing
- Data Analysis
- Sequencing
Product
- Instruments
- Services
- Consumables
Technology
- Others
- Synthetic Long Read Sequencing
- Nanopore Sequencing
- Single- Molecule Real- Time Sequencing
North America Long Read Sequencing Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 1.34 USD Billion |
| Market Value in 2032 | 7.35 USD Billion |
| CAGR (2025-2032) | 39.25% |
| Historic Data | 2016-2023 |
| Market Segments Covered | End User,Distribution Channel,Application,Workflow,Product,Technology |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 1.34 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 1,223.41 USD Million in 2024.
Segments and Scope
-
North America Long Read Sequencing Market to 2032, By End User
- Academic & Research Institutes is the largest segment in North America Long Read Sequencing Market to 2032 with a revenue of 685.10 USD Billion in the year 2024.
- Academic & Research Institutes is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 41.61 % in forecast period 2025-2032.
-
North America Long Read Sequencing Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in North America Long Read Sequencing Market to 2032 with a revenue of 962.94 USD Billion in the year 2024.
- Direct Tender is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 42.37 % in forecast period 2025-2032.
-
North America Long Read Sequencing Market to 2032, By Application
- Whole Genome Sequencing is the largest segment in North America Long Read Sequencing Market to 2032 with a revenue of 700.05 USD Billion in the year 2024.
- Whole Genome Sequencing is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 42.29 % in forecast period 2025-2032.
-
North America Long Read Sequencing Market to 2032, By Workflow
- Sequencing is the largest segment in North America Long Read Sequencing Market to 2032 with a revenue of 842.67 USD Billion in the year 2024.
- Sequencing is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 40.79 % in forecast period 2025-2032.
-
North America Long Read Sequencing Market to 2032, By Product
- Consumables is the largest segment in North America Long Read Sequencing Market to 2032 with a revenue of 720.39 USD Billion in the year 2024.
- Services is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 38.97 % in forecast period 2025-2032.
-
North America Long Read Sequencing Market to 2032, By Technology
- Single- Molecule Real- Time Sequencing is the largest segment in North America Long Read Sequencing Market to 2032 with a revenue of 720.15 USD Billion in the year 2024.
- Single- Molecule Real- Time Sequencing is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 43.74 % in forecast period 2025-2032.
North America Long Read Sequencing Market Company Share Analysis
| Company Name |
|
||
| Oxford Nanopore Technologies plc. | |||
| PacBio | |||
| PerkinElmer Inc. | |||
| Novogene Co., Ltd. | |||
| Illumina, Inc. | |||
North America Long Read Sequencing Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Long Read Sequencing Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Long Read Sequencing Market is segmented based on Segmentation End User,Distribution Channel,Application,Workflow,Product,Technology.
North America Long Read Sequencing Market was valued at USD 1.34(Revenue in USD Billion) in 2020.
North America Long Read Sequencing Market is projected to grow at a CAGR of 39.25% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the North America Long Read Sequencing Market, holding a largest market share of 0.96 USD Billion in 2024
North America Long Read Sequencing Market Scope
North America Long Read Sequencing Market Segmentation & Scope
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
Workflow
- Pre- Sequencing
- Data Analysis
- Sequencing
Product
- Instruments
- Services
- Consumables
Technology
- Others
- Synthetic Long Read Sequencing
- Nanopore Sequencing
- Single- Molecule Real- Time Sequencing
Frequently Asked Questions
The North America Long Read Sequencing Market is segmented based on Segmentation End User,Distribution Channel,Application,Workflow,Product,Technology.
North America Long Read Sequencing Market was valued at USD 1.34(Revenue in USD Billion) in 2020.
North America Long Read Sequencing Market is projected to grow at a CAGR of 39.25% during the forecast period of 2024 to 2032.
The estimated market value of the North America Long Read Sequencing Market for final year is USD 7.35 (USD Billion).
North America Long Read Sequencing Market Company Profiling
Frequently Asked Questions
The North America Long Read Sequencing Market is segmented based on Segmentation End User,Distribution Channel,Application,Workflow,Product,Technology.
North America Long Read Sequencing Market was valued at USD 1.34(Revenue in USD Billion) in 2020.
North America Long Read Sequencing Market is projected to grow at a CAGR of 39.25% during the forecast period of 2024 to 2032.
The estimated market value of the North America Long Read Sequencing Market for final year is USD 7.35 (USD Billion).
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