South Korea Long Read Sequencing Market to 2032
Overview
The South Korea Long Read Sequencing Market is expected to reach a 245.62 USD Million by 2032 and is projected to grow at a CAGR of 42.11% from 2025 to 2032.
Revenue, 2024 (USD Million)
40.46
Forecast, 2032 (USD Million)
245.62
CAGR, 2024 - 2032
42.11%
Report Coverage
South Korea
South Korea Long Read Sequencing Market 2018-2032 USD Million
South Korea Long Read Sequencing Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 40.46 USD Million
- Projected Market Size (2032): 245.62 USD Million
- CAGR (2025-2032): 42.11%
Key Findings of South Korea Long Read Sequencing Market
- The South Korea Long Read Sequencing Market was valued at 40.46 USD Million in 2024.
- The South Korea Long Read Sequencing Market is likely to grow at a CAGR of 42.11% 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 29.86 USD Million
- The fastest growing segment Single- Molecule Real- Time Sequencing in Technology Segment grew Fastest with a CAGR of 46.31% during the forecast period from 2024 to 2032.
South Korea Long Read Sequencing Market Scope
South Korea 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
South Korea Long Read Sequencing Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 40.46 USD Million |
| Market Value in 2032 | 245.62 USD Million |
| CAGR (2025-2032) | 42.11% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Technology,Product,Workflow,End User,Distribution Channel,Application |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 40.46 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 40.46 USD Million in 2024.
Segments and Scope
-
South Korea Long Read Sequencing Market to 2032, By Technology
- Single- Molecule Real- Time Sequencing is the largest segment in South Korea Long Read Sequencing Market to 2032 with a revenue of 22.51 USD Million in the year 2024.
- Single- Molecule Real- Time Sequencing is the Fastest growing segment in South Korea Long Read Sequencing Market to 2032 with a Growth rate of 46.31 % in forecast period 2025-2032.
-
South Korea Long Read Sequencing Market to 2032, By Product
- Consumables is the largest segment in South Korea Long Read Sequencing Market to 2032 with a revenue of 21.18 USD Million in the year 2024.
- Services is the Fastest growing segment in South Korea Long Read Sequencing Market to 2032 with a Growth rate of 41.50 % in forecast period 2025-2032.
-
South Korea Long Read Sequencing Market to 2032, By Workflow
- Sequencing is the largest segment in South Korea Long Read Sequencing Market to 2032 with a revenue of 26.41 USD Million in the year 2024.
- Sequencing is the Fastest growing segment in South Korea Long Read Sequencing Market to 2032 with a Growth rate of 43.52 % in forecast period 2025-2032.
-
South Korea Long Read Sequencing Market to 2032, By End User
- Academic & Research Institutes is the largest segment in South Korea Long Read Sequencing Market to 2032 with a revenue of 22.37 USD Million in the year 2024.
- Academic & Research Institutes is the Fastest growing segment in South Korea Long Read Sequencing Market to 2032 with a Growth rate of 44.16 % in forecast period 2025-2032.
-
South Korea Long Read Sequencing Market to 2032, By Distribution Channel
- Direct Tender is the largest segment in South Korea Long Read Sequencing Market to 2032 with a revenue of 29.86 USD Million in the year 2024.
- Direct Tender is the Fastest growing segment in South Korea Long Read Sequencing Market to 2032 with a Growth rate of 44.97 % in forecast period 2025-2032.
-
South Korea Long Read Sequencing Market to 2032, By Application
- Whole Genome Sequencing is the largest segment in South Korea Long Read Sequencing Market to 2032 with a revenue of 22.41 USD Million in the year 2024.
- Whole Genome Sequencing is the Fastest growing segment in South Korea Long Read Sequencing Market to 2032 with a Growth rate of 44.83 % in forecast period 2025-2032.
South Korea Long Read Sequencing Market Company Share Analysis
| Company Name |
|
||
| Oxford Nanopore Technologies plc. | |||
| PacBio | |||
| PerkinElmer Inc. | |||
| Novogene Co., Ltd. | |||
| Illumina, Inc. | |||
South Korea Long Read Sequencing Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Long Read Sequencing Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Long Read Sequencing Market is segmented based on Segmentation Technology,Product,Workflow,End User,Distribution Channel,Application.
South Korea Long Read Sequencing Market was valued at USD 40.46(Revenue in USD Million) in 2020.
South Korea Long Read Sequencing Market is projected to grow at a CAGR of 42.11% during the forecast period of 2024 to 2032.
The Direct Tender segment is expected to dominate the South Korea Long Read Sequencing Market, holding a largest market share of 29.86 USD Million in 2024
South Korea Long Read Sequencing Market Scope
South Korea 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 South Korea Long Read Sequencing Market is segmented based on Segmentation Technology,Product,Workflow,End User,Distribution Channel,Application.
South Korea Long Read Sequencing Market was valued at USD 40.46(Revenue in USD Million) in 2020.
South Korea Long Read Sequencing Market is projected to grow at a CAGR of 42.11% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Long Read Sequencing Market for final year is USD 245.62 (USD Million).
South Korea Long Read Sequencing Market Company Profiling
Frequently Asked Questions
The South Korea Long Read Sequencing Market is segmented based on Segmentation Technology,Product,Workflow,End User,Distribution Channel,Application.
South Korea Long Read Sequencing Market was valued at USD 40.46(Revenue in USD Million) in 2020.
South Korea Long Read Sequencing Market is projected to grow at a CAGR of 42.11% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Long Read Sequencing Market for final year is USD 245.62 (USD Million).
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