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)
No. of Pages:118
Report Code:
TIPRE00029099
Category:
Technology, Media and Telecommunications
The North America DNA digital data storage market is expected to grow from US$ 24.98 million in 2021 to US$ 770.93 million by 2028; it is estimated to grow at a CAGR of 63.2% from 2021 to 2028.
Various healthcare organizations are energetically involved in activities related to DNA data storage. Several US-based market players are operating in the DNA digital data storage market. Agilent Technologies Inc. and Microsoft Corporation are among the international companies offering their products and services across the region. Owing to the rising popularity and applications of DNA digital data storage, market players are exploring potential opportunities by adopting organic and inorganic business strategies. For instance, in April 2021, PFU America Inc. (PFU) collaborated with the DNA Data Storage Alliance, directed by Twist Bioscience Corporation, Illumina Inc., Western Digital, and Microsoft. PFU is actively promoting digital transformation across the region. Thus, the presence and active involvement of market players are propelling the adoption of DNA digital storage, further driving the North America DNA digital data storage market.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America DNA digital data storage market. The North America DNA digital data storage market is expected to grow at a good CAGR during the forecast period.
North America DNA Digital Data Storage Market Revenue and Forecast to 2028 (US$ million)
North America DNA Digital Data Storage Market Segmentation
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 into 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 the nanopore sequencing segment is expected to be the fastest-growing segment during the forecast period. Based on application, the North America DNA digital data storage market is segmented into diagnostic research, personalized medicine, and others. The diagnostic research segment dominated the North America DNA digital data storage market in 2020, and the same segment is expected to be the fastest-growing segment during the forecast period. Based on end user, the North America DNA digital data storage market is segmented into 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 the same segment is expected to be the fastest-growing segment during the 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.
North America DNA Digital Data Storage Market Strategic Insights
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North America DNA Digital Data Storage Market Segmentation Analysis
North America DNA Digital Data Storage Market Report Highlights
North America DNA Digital Data Storage Report Scope
Report Attribute
Details
Market size in 2021
US$ 24.98 Million
Market Size by 2028
US$ 770.93 Million
CAGR (2021 - 2028)
63.2%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Sequencing
Synthesis Sequencing
Ion Semiconductor Sequencing
Chain Termination Sequencing
Nanopore Sequencing
Ligation Sequencing
By Application
Diagnostic Research
Personalized Medicine
By End User
Hospital and Clinics
Pharmaceutical and Biotechnology Companies
Academic and Research Institutes
Regions and Countries Covered
North America
US
Canada
Mexico
Market leaders and key company profiles
Agilent Technologies, Inc.
Catalog
DNA Script
F. Hoffmann-La Roche Ltd.
Illumina, Inc.
Iridia, Inc.
Microsoft Corporation
Molecular Assemblies
Quantum Corporation
Twist Bioscience
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North America DNA Digital Data Storage Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The List of Companies - North America DNA Digital Data Storage Market
Agilent Technologies, Inc.
Catalog
DNA Script
F. Hoffmann-La Roche Ltd.
Illumina, Inc.
Iridia, Inc.
Microsoft Corporation
Molecular Assemblies
Quantum Corporation
Twist Bioscience
Frequently Asked Questions
How big is the North America DNA Digital Data Storage Market?
The North America DNA Digital Data Storage Market is valued at US$ 24.98 Million in 2021, it is projected to reach US$ 770.93 Million by 2028.
What is the CAGR for North America DNA Digital Data Storage Market by (2021 - 2028)?
As per our report North America DNA Digital Data Storage Market, the market size is valued at US$ 24.98 Million in 2021, projecting it to reach US$ 770.93 Million by 2028. This translates to a CAGR of approximately 63.2% during the forecast period.
What segments are covered in this report?
The North America DNA Digital Data Storage Market report typically cover these key segments-
End User (Hospital and Clinics, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes)
What is the historic period, base year, and forecast period taken for North America DNA Digital Data Storage Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America DNA Digital Data Storage Market report:
Historic Period : 2019-2020
Base Year : 2021
Forecast Period : 2022-2028
Who are the major players in North America DNA Digital Data Storage Market?
The North America DNA Digital Data Storage Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
Agilent Technologies, Inc.
Catalog
DNA Script
F. Hoffmann-La Roche Ltd.
Illumina, Inc.
Iridia, Inc.
Microsoft Corporation
Molecular Assemblies
Quantum Corporation
Twist Bioscience
Who should buy this report?
The North America DNA Digital Data Storage Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the North America DNA Digital Data Storage Market value chain can benefit from the information contained in a comprehensive market report.
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