Nanopore Technologies Market by Product Type, Distribution Channel, End User 2023-2028

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Global Nanopore Technologies Market Research Report:

The latest report by IMARC, titled “ NanoporeTechnologiesMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForeca st2023-2028

” " the global nanopore technologies market reached a value of US$ 244.4 Million in 2022.

Nanopore technologies refer to the next-generation molecule sequencing methods that are generally used for analyzing ribonucleic acid (RNA) or deoxyribonucleic acid (DNA) fragments. It involves the utilization of sequencing devices that contain nano-sized pores embedded in an electro-resistant membrane for determining the sequence and modifications of the bases.

Along with this, it aids in the real-time analysis of the sequence of nucleotides with accurate data of short to long fragments of native RNA or DNA. As a result, it is extensively utilized by scientific researchers to study the biology of animals, plants, pathogens and humans.

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Global Nanopore Technologies Market Trends:

The global market is primarily driven by the rising demand for DNA sequencing. This is impelled by the growing need for new treatment methods due to the escalating prevalence of viral diseases among the masses. In line with this, the rapid outbreak of coronavirus disease (COVID-19) has further propelled the market growth. Since nanopore technologies offer direct molecular analysis in a time- and cost-efficient manner while generating accurate results, this is providing a boost to their uptake. Along with this, extensive research and development (R&D) activities conducted for studying novel virus variants are creating a positive market outlook. Furthermore, continual technological advancements, such as the integration of the Internet of Things (IoT) and computational intelligence with nanopore technology, are considered to be major growth-inducing factors.

Additionally, the widespread adoption of nanopore technology in the development of semiconductor-based silicon molecular detectors for performing sequencing is significantly contributing to the market. Other factors, including the increasing number of research centers and laboratories, miniaturization of nanopore devices, and continuous improvements in the healthcare infrastructure, are also favorably impacting the market. On account of the aforementioned factors,the market is anticipated to reach a value of US$ 511.5 Million by 2028, exhibiting a CAGR of 12.4% during 2023-2028.

Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

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MarketSummary:

BreakupbyProduct:

• Instruments

• Portable

• Benchtop

• Consumables

BreakupbyApplication:

• DNA Sequencing

• RNA Sequencing

• Others

BreakupbyEndUser:

• Hospitals and Clinics

• Research Institutes

• Others

BreakupbyRegion:

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• 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

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CompetitiveLandscapewithKeyPlayers:

• 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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