According to the latest report by IMARC Group, titled “Nanopore Technologies Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The global nanopore technologies market reached a value of US$ 213.8 Million in 2021. Looking forward, IMARC Group expects the market to reachUS$ 476.6 Million by2027, exhibiting at a CAGR of 13.7% during 2022-2027.
Nanopore technologies enable direct, real-time analysis of long deoxyribonucleic acid (DNA) or ribonucleic acid (RNA) fragments. They help resolve complex structural variants and repetitive regions. They also offer low-cost genotyping, high mobility for testing and throughput, and fast processing of samples in real-time. Consequently, nanopore technologies are widely used as a diagnostic tool to provide rapid analysis, detect target molecules, and eliminate cumbersome amplification and conversion steps.
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Market Trends:
The coronavirus disease (COVID-19) outbreak has increased the need for nanopore technologies across the globe to develop a potential treatment. Moreover, the improving healthcare infrastructure, along with the rising prevalence of chronic, infectious, and cardiovascular diseases, is propelling the adoption of advanced nanopore technologies embedded with high-tech electronics to perform precise molecular analyses. Apart from this, the introduction of portable nanopore devices that provide real-time analysis and detection of epigenetic modifications is anticipated to offer lucrative growth opportunities to industry players.
Breakup by Product:
- Instruments
- Portable
- Benchtop
- Consumables
Breakup by Application:
- DNA Sequencing
- RNA Sequencing
- Others
Breakup by End User:
- Hospitals and Clinics
- Research Institutes
- Others
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Agilent Technologies Inc.
- Cyclomics BV
- Electronic Biosciences Inc.
- Inanobio Inc.
- Nabsys Inc.
- Ontera Inc.
- Oxford Nanopore Technologies Limited
- Pacific Biosciences of California Inc.
- Quantapore Inc.
- Roche Holding AG
- Tracxn Technologies Limited.
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