North America Long Read Sequencing Market to 2032

Overview

The North America Long Read Sequencing Market is expected to reach a 6,418.20 by 2032 and is projected to grow at a CAGR of 19.95% from 2025 to 2032.

Revenue, 2024 ()
1,343.14
Forecast, 2032 ()
6,418.20
CAGR, 2024 - 2032
19.95%
Report Coverage
North America

North America Long Read Sequencing Market 2018-2032

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

Market Growth and Projections:

  • Market Size (2024): 1,343.14
  • Projected Market Size (2032): 6,418.20
  • CAGR (2025-2032): 19.95%

Key Findings of North America Long Read Sequencing Market

  • The North America Long Read Sequencing Market was valued at 6,418.20 in 2024.
  • The North America Long Read Sequencing Market is likely to grow at a CAGR of 19.95% 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 962.94
  • The fastest growing segment Single- Molecule Real- Time Sequencing in Technology Segment grew Fastest with a CAGR of 22.02% 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
Market Value in 2024 1,343.14
Market Value in 2032 6,418.20
CAGR (2025-2032) 19.95%
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 1,343.14 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 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 21.04 % 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 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 21.39 % 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 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 21.36 % 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 in the year 2024.
    • Sequencing is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 20.67 % 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 in the year 2024.
    • Services  is the Fastest growing segment in North America Long Read Sequencing Market to 2032 with a Growth rate of 19.81 % 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 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 22.02 % in forecast period 2025-2032.

North America 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
North America Long Read Sequencing Market Company Share Analysis

North America Long Read Sequencing Market Geographical Sales Distribution, 2018-2032

North America Long Read Sequencing Market Geographical Sales Distribution, 2018-2032

North America Long Read Sequencing Market Company Profiling

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 1,343.14(Revenue in ) in 2020.
North America Long Read Sequencing Market is projected to grow at a CAGR of 19.95% 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 962.94 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 1,343.14(Revenue in ) in 2020.
North America Long Read Sequencing Market is projected to grow at a CAGR of 19.95% 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 6,418.20 ().

North America Long Read Sequencing Market Company Profiling

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 1,343.14(Revenue in ) in 2020.
North America Long Read Sequencing Market is projected to grow at a CAGR of 19.95% 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 6,418.20 ().

Related Markets

HAVE A QUESTION?

Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.