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Comprehensive Single Molecule Real Time Sequencing Market Overview 2025: Trends, Size & Growth Insights

24 Apr, 2025

The Single Molecule Real Time Sequencing Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Single Molecule Real Time Sequencing Market?

The size of the single molecule real time sequencing market has been increasing significantly. It is projected to surge from $3.15 billion in 2024 to $3.43 billion in 2025, registering a compound annual growth rate (CAGR) of 8.9%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Single Molecule Real Time Sequencing Industry?

The Single Molecule Real Time Sequencing market is predicted to reach a value of $4.75 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 8.5%.

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What are the Key Growth Drivers Fueling the Single Molecule Real Time Sequencing Market?

The key drivers in the single molecule real time sequencing market are:

• Continuous advancements and innovations in sequencing technologies
• Increased use of SMRT sequencing in clinical diagnostics and research
• Rising emphasis on precision medicine and targeted therapies
• Expansion of genomic research and personalized medicine applications, along with increasing frequency of genetic disorders and chronic diseases.

Global Market Segmentation: Identifying Major Single Molecule Real Time Sequencing Industry Segments

The single molecule real time sequencing market covered in this report is segmented –
1) By Type: Pre-Sequencing, Sequencing, Data Analysis
2) By Product: Consumable, Instrument, Services
3) By Application: DNA Sequencing, RNA Sequencing, Epigenetics, Whole Genome Sequencing, Other Applications
4) By End-Users: Hospitals, Diagnostic Laboratories, Biopharmaceutical Companies, Academic Institutes And Research Centers, Other End Users Subsegments:
1) By Pre-Sequencing: Library Preparation Kits, DNA/RNA Extraction And Purification Products, Quality Control And Quantification Tools
2) By Sequencing: Real-Time Sequencing Systems, Portable Sequencing Devices, High-Throughput Sequencing Platforms
3) By Data Analysis: Software For Data Processing, Bioinformatics Tools, Cloud-Based Data Analysis Solutions

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What are the emerging Trends Shaping the Future of the Single Molecule Real Time Sequencing Market?

The key trends in the single molecule real time sequencing market are:

• The integration of SMRT sequencing with other omics technologies is an emerging trend.
• There is a move towards the miniaturization and portability of sequencing tools.
• There are advancements in data analysis tools related to SMRT sequencing.
• Integration of artificial intelligence and machine learning in SMRT sequencing is becoming a significant trend.

Who Are the Top Competitors & Leading Players in the Single Molecule Real Time Sequencing Market?

Major players in the single molecule real time sequencing market are:

• F. Hoffmann-La Roche Ltd
• Thermo Fisher Scientific Inc.
• Agilent Technologies Inc.
• Illumina Inc.
• Bio-Rad Laboratories Inc.
• Qiagen N.V.
• Tecan Group Ltd
• BGI Genomics Co. Ltd.
• LGC Limited
• 10x Genomics Inc.
• Ginkgo Bioworks Inc.
• Novogene Corporation
• Oxford Nanopore Technologies Limited
• New England Biolabs Inc.
• Pacific Biosciences of California Inc.
• Horizon Discovery Group plc
• Asuragen Inc.
• GENEWIZ Inc.
• Bionano Genomics Inc.
• Zymo Research Corporation
• Dovetail Genomics LLC
• Singular Genomics Systems Inc.

Regional Dominance: Which Area Leads the Global Template Market?

North America was the largest region in the single molecule real time sequencing market in 2024