According to the latest report by IMARC Group, titled “Nanopore Technologies Market: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the nanopore technologies market share. The global nanopore technologies market reached a value of US$ 213.8 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 476.6 Million by 2027, 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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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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