Report : North America DNA Digital Data Storage Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Sequencing (Synthesis Sequencing, Ion Semiconductor Sequencing, Chain Termination Sequencing, Nanopore Sequencing, and Ligation Sequencing), Application (Diagnostic Research, Personalized Medicine, and Others), and End User (Hospital and Clinics, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, and Others) Â Â
Synthesis Sequencing Segment to Dominate North America DNA Digital Data Storage Market During 2021–2028
According to a new market research study on “North America DNA Digital Data Storage Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Sequencing, Application, and End User,” is expected to reach US$ 770.93 million by 2028 from US$ 24.98 million in 2021. The market is estimated to grow at a CAGR of 63.2% from 2021 to 2028. The report provides trends prevailing in the North America DNA digital data storage market along with the drivers and restraints pertaining to the market growth. Availability of DNA digital data storage service providers and growing investments and innovation in DNA data storage are the major factor driving the growth of the North America DNA digital data storage market. However, presence of alternatives hinders the growth of North America DNA digital data storage market.
The North America DNA digital data storage market is segmented based on sequencing, application, end user, and country. Based on sequencing, the North America DNA digital data storage market is segmented based on synthesis sequencing, ion semiconductor sequencing, chain termination sequencing, nanopore sequencing, and ligation sequencing. The synthesis sequencing segment dominated the North America DNA digital data storage market in 2020 and nanopore sequencing segment is expected to be fastest growing during forecast period. Based on application, the North America DNA digital data storage market is segmented based on diagnostic research, personalized medicine, and others. The diagnostic research segment dominated the North America DNA digital data storage market in 2020 and same segment is expected to be fastest growing during forecast period. Based on end user, the North America DNA digital data storage market is segmented based on hospital and clinics, pharmaceutical and biotechnology companies, academic and research institutes, and others. The academic and research institutes segment dominated the North America DNA digital data storage market in 2020 and same segment is expected to be fastest growing during forecast period. Based on country, the North America DNA digital data storage market has been segmented into the US, Canada, and Mexico.
Agilent Technologies, Inc.; Catalog; DNA Script; F. Hoffmann-La Roche Ltd.; Illumina, Inc.; Iridia, Inc.; Microsoft Corporation; Molecular Assemblies; Quantum Corporation; and Twist Bioscience are among the leading companies in the North America DNA digital data storage market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Twist Bioscience Corporation launched the Twist 96-Plex Library Prep Kit, a high-performance, cost-effective preparation kit for next-generation sequencing (NGS). Recently, new methods in genotyping by sequencing (GBS) have unlocked the potential for NGS to improve data quality and quantity, deliver significant improvements in lab workflows and reduce sample prep costs.
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