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Nanopore Technologies Market

Global Nanopore Technologies Market Share, Size, Growth, Analysis, Trends, Forecast: By Product: Instruments, Consumables; By Application: DNA Sequencing, RNA Sequencing; By End Use: Hospitals and Clinics, Research Institutes, Others; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032

Global Nanopore Technologies Market Outlook

The global nanopore technologies market attained a value of over USD 259.69 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 13.90%.

 

Key Trends in the Market

Nanopore technologies are scalable and unique technologies that allow direct and real-time analysis of long DNA or RNA fragments. It functions by examining alterations to an electrical current as nucleic acids are passed through a protein nanopore. The resulting signal is decoded to provide the specific DNA or RNA sequence.

 

  • There is a surging demand for DNA sequencing and the rising research by numerous scientists on nanopore technologies. This, along with growing investment in research and development by several leading companies, is anticipated to drive the nanopore technologies market growth over the coming years.
  • The rapid improvements in bioinformatics and sequencing technology have helped the identification of DNA variations which is expected to propel the market growth of nanopore technologies across the globe. Going further, such improvements enable the determination of gene variants that could indicate a rise in the risk for various diseases.
  • The increasing launch of new products along with growing usage of epigenetics for innovative treatment methods are expected to positively influence the market growth of nanopore technologies during the forecast period. Nanopore technologies help improve the results of personalised medicine by decoding DNA sequences.

 

Market Analysis

Based on the product, the nanopore technologies market can be segmented into instruments and consumables. On the basis of application, the market is categorised into DNA sequencing and RNA sequencing. Based on end use, the market is segmented into hospitals and clinics, and research institutes, among others. The regional markets for the nanopore technologies can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. 

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global nanopore technologies market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans. 

 

  • Oxford Nanopore Technologies plc
  • F. Hoffmann-La Roche Ltd
  • Electronic BioSciences
  • Genvida
  • Others

 

Market Share by Application

The DNA sequencing segment is holding robust growth in the nanopore technologies market share across the globe on account of the rising demand for DNA sequencing in studying disease conditions and genomic sequences for the expansion of drugs. The increasing research about the functioning of genes by scientists is further expected to enhance segment growth of DNA sequencing. Going further, DNA sequencing enables scientists to use genetic information for various research purposes such as medical research and forensics. 

 

Meanwhile, the RNA sequencing segment is expected to fuel the market growth of nanopore technologies as RNA sequencing enables researchers to distinguish both novel and known features in a single evaluation. It also allows the identification of transcript isoforms along with gene fusions, and single nucleotide variants, among other features, without the restriction of previous knowledge.

 

Market Share by Region

Geographically, the North American region is expected to augment the nanopore technologies market share on account of the growing research and development on making nanopore-based detectors, and DNA transistors, among others. The strong presence of key market players in the region such as Electronic BioSciences is expected to push forward the market growth of nanopore technologies in the North American region. 

 

The growth of the North American market is considerably influenced by the increase in personalised medicine as well as the accessibility of state-of-the-art healthcare facilities with skilled medical staff. Going further, the market is expanding primarily because of increased demand for better healthcare services, more healthcare spending, and technological advancements in nanopore technology.

 

nanopore technologies market by region

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Competitive Landscape

Oxford Nanopore Technologies plc is a leading sensing technology company based in the United Kingdom. It creates sensing technology that employs nanopores to execute molecular analyses. The company offers sequencing technology to blend scalability from portable to ultra-high throughput formats with real-time data delivery and the ability to elucidate accurate, rich biological data through the analysis of short to ultra-long fragments of native DNA or RNA. 

 

F. Hoffmann-La Roche Ltd is one of the largest global biotech companies. It is known as a leading supplier of in-vitro diagnostics and transformative innovative solutions in major disease areas across the globe. The company focuses on discovering innovative medicines and diagnostics along with creating data-based insights to develop the practice of medicine and aid patients to live longer and better lives.

 

Electronic BioSciences is a United States-based private company that specialises in biotechnology. It combines precision electronics with nanopore platforms for molecular and biophysical analysis. Its work combines expertise in biologically based platforms with exceptionally low-noise electronics to produce sensitive systems for nanopore and ion channel measurements with potential applications in DNA sequencing, ion channel characterisation, and chemical sensing. 

 

Other market players include Genvida, among others.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • End Use
  • Region
Breakup by Product
  • Instruments
  • Consumables
Breakup by Application
  • DNA Sequencing
  • RNA Sequencing
Breakup by End Use
  • Hospitals and Clinics
  • Research Institutes
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Oxford Nanopore Technologies plc
  • F. Hoffmann-La Roche Ltd
  • Electronic BioSciences
  • Genvida
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Region
7    Industry Opportunities and Challenges  
8    Global Nanopore Technologies Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Nanopore Technologies Historical Market (2018-2023) 
    8.3    Global Nanopore Technologies Market Forecast (2024-2032)
    8.4    Global Nanopore Technologies Market by Product
        8.4.1    Instruments
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2023)
            8.4.1.3    Forecast Trend (2024-2032)
        8.4.2    Consumables
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2023)
            8.4.2.3    Forecast Trend (2024-2032)
    8.5    Global Nanopore Technologies Market by Application
        8.5.1    DNA Sequencing
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2023)
            8.5.1.3    Forecast Trend (2024-2032)
        8.5.2    RNA Sequencing
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2023)
            8.5.2.3    Forecast Trend (2024-2032)
    8.6    Global Nanopore Technologies Market by End Use
        8.6.1    Hospitals and Clinics
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2023)
            8.6.1.3    Forecast Trend (2024-2032)
        8.6.2    Research Institutes
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2023)
            8.6.2.3    Forecast Trend (2024-2032)
        8.6.3    Others
    8.7    Global Nanopore Technologies Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Competitive Landscape
    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Oxford Nanopore Technologies plc
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    F. Hoffmann-La Roche Ltd
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Electronic BioSciences
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    Genvida
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Others
12    Industry Events and Developments

 

List of Key Figures and Tables

1.    Global Nanopore Technologies Market: Key Industry Highlights, 2017 and 2027
2.    Global Nanopore Technologies Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Nanopore Technologies Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Nanopore Technologies Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Nanopore Technologies Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Nanopore Technologies Historical Market: Breakup by End Use (USD Million), 2018-2023
7.    Global Nanopore Technologies Market Forecast: Breakup by End Use (USD Million), 2024-2032
8.    Global Nanopore Technologies Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Nanopore Technologies Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Nanopore Technologies Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Nanopore Technologies Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Nanopore Technologies Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Nanopore Technologies Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Nanopore Technologies Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Nanopore Technologies Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Nanopore Technologies Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Nanopore Technologies Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Nanopore Technologies Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Nanopore Technologies Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Nanopore Technologies Market Structure.

Key Questions Answered in the Report

In 2023, the global market for nanopore technologies attained a value of over USD 259.69 million.

The market is assessed to grow at a CAGR of 13.90% between 2024 and 2032.

The major market driver is growing demand for DNA and RNA sequencing and rapid improvements in bioinformatics and sequencing technology.

The key trends in the market for nanopore technologies include applications of personalised medicine and widening usage of DNA and RNA sequences.

The various products of nanopore technologies are instruments and consumables.

The various applications of nanopore technologies are DNA sequencing and RNA sequencing.

The various end uses of nanopore technologies include hospitals and clinics and research institutes, among others.

The major players in the nanopore technologies market are Oxford Nanopore Technologies plc, F. Hoffmann-La Roche Ltd, Electronic BioSciences, and Genvida, among others.

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