DNA Digital Data Storage Market Size & Share | Report 2028

DNA Digital Data Storage Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Sequencing (Synthesis Sequencing, Ion Semiconductor Sequencing, Chain Termination Sequencing, Ligation Sequencing, and Nanopore Sequencing); Application (Diagnostic Research, Personalized Medicine, and Others); End User (Hospital and clinics, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, and Other), and Geography

  • Report Code : TIPRE00026640
  • Category : Healthcare IT
  • Status : Published
  • No. of Pages : 176
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DNA Digital Data Storage Market Size & Share | Report 2028

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The DNA digital data storage market is expected to grow from US$ 57.81 million in 2021 to US$ 1,761.49 million by 2028; it is estimated to grow at a CAGR of 61.29% during 2021 to 2028.

DNA digital data storage is the method of encoding and decoding binary data to and from synthesized strands of DNA. The DNA has garnered interest as a medium for digital information storage due to its high storage density and durability that is superior to those of existing silicon-based storage media. Moreover, DNA’s four-letter nucleotide code provides a suitable coding environment that can be used in the same way that computers and other electrical devices employ binary digital code to represent any letter, digit, or other character.

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DNA Digital Data Storage Market: Strategic Insights

DNA Digital Data Storage Market

  • CAGR (2021 - 2028)
    61.29%
  • Market Size 2021
    US$ 57.81 Million
  • Market Size 2028
    US$ 1,761.49 Million

Market Dynamics

GROWTH DRIVERS
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FUTURE TRENDS
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OPPORTUNITIES
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Key Players

  • Illumina, Inc
  • Twist Bioscience
  • Agilent Technologies, Inc
  • Molecular Assemblies
  • Quantum Corporation
  • CATALOG
  • Microsoft Corporation
  • Iridia, Inc.
  • F. HOFFMANN-LA ROCHE LTD.

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Sequencing
  • Synthesis Sequencing
  • Ion Semiconductor Sequencing
  • Chain Termination Sequencing
  • Ligation Sequencing
  • Nanopore Sequencing
Application
  • Diagnostic Research
  • Personalized Medicine
  • Others
End User
  • Hospital and clinics
  • Pharmaceutical and Biotechnology Companies
  • Academic and Research Institutes
  • Other
Geography
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South and Central America
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

Factors driving the growth of the global DNA digital data storage market are presence of DNA digital data storage service providers and active investments and business innovation related to DNA data storage are among the factors bolstering the market growth. However, the availability of alternatives and associated limitations are hindering the growth of the market. Despite these limitations, the increasing applications of DNA data storage would create a huge opportunity for the players operating in the DNA digital data storage market during the forecast period.

Market Insights

Increasing Applications of DNA Data Storage

DNA data storage is gaining popularity among healthcare and associated service providers. Forensics, personalized medicine, diagnostics, and others are a few areas of application of DNA data storage. DNA storage offers long-term data storage compared to the traditional modes of storage. The increasing demand for smaller data space to store larger amounts of data is expected to create opportunities for market players. DNA data storages are used and explored by pharmaceutical companies, research institutes, and security agencies to store maximum data in a smaller space.

There is a significant potential for product innovation and development as DNA storage technology is in the initial phase of development and not yet commercialized on a larger scale. Various companies and research organizations are actively involved in DNA storage development activities. For instance, in August 2021, the University of Washington and Microsoft researchers developed NANOPORE-TAL, which will enable cells to communicate with computers. Moreover, in 2021, Microsoft in joint collaboration with the University of Washington at the Molecular Information Laboratory, worked on a new chip to demonstrate the ability to pack DNA-synthesis spots three orders of magnitude more tightly and demonstrate higher DNA writing throughput. Thus, the rising applications of DNA data storage are expected to create lucrative opportunities for DNA digital data storage market players and other end users in the future.

Sequencing-Based Insights

The DNA digital data storage market, by sequencing, is segmented into synthesis sequencing, ion semiconductor sequencing, chain termination sequencing, ligation sequencing, nanopore sequencing. In 2021, the synthesis sequencing segment is likely to hold the largest share of the market. However, nanopore sequencing segment is expected to grow at the fastest rate during the coming years.

Application-Based Insights

The DNA digital data storage market, based on appplication is segmented into diagnostic research, personalized medicine, and others. The diagnostic research segment is likely to hold the largest share of the market in 2021 and is anticipated to register the highest CAGR  in the market during the forecast period.

DNA Digital Data Storage Market Report Scope

Report Attribute Details
Market size in 2021 US$ 57.81 Million
Market Size by 2028 US$ 1,761.49 Million
Global CAGR (2021 - 2028) 61.29%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Sequencing
  • Synthesis Sequencing
  • Ion Semiconductor Sequencing
  • Chain Termination Sequencing
  • Ligation Sequencing
  • Nanopore Sequencing
By Application
  • Diagnostic Research
  • Personalized Medicine
  • Others
By End User
  • Hospital and clinics
  • Pharmaceutical and Biotechnology Companies
  • Academic and Research Institutes
  • Other
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Illumina, Inc
  • Twist Bioscience
  • Agilent Technologies, Inc
  • Molecular Assemblies
  • Quantum Corporation
  • CATALOG
  • Microsoft Corporation
  • Iridia, Inc.
  • F. HOFFMANN-LA ROCHE LTD.
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.

    End User-Based Insights

    The DNA digital data storage market, based on end user is segmented into academics and research institutes, pharmaceutical and biotechnology companies, hospitals and clinics, and others. The academics and research institutes segment is likely to hold the largest share of the market in 2021 and is anticipated to register the highest CAGR  in the market during the forecast period

    Product launches and approvals are commonly adopted strategies by companies to expand their global footprints and product portfolios. Moreover, the genome editing market market players focus on the partnership strategy to enlarge their clientele, which, in turn, permits them to maintain their brand name globally.

    Company Profiles

    • Illumina,Inc
    • Twist Bioscience
    • Agilent Technologies, Inc.
    • Molecular Assemblies
    • Quantum Corporation
    • CATALOG
    • Microsoft Corporation
    • Iridia, Inc
    • F. HOFFMANN-LA ROCHE LTD
    • DNA Script
    • Evonetix.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    Sequencing, Application, End User, and Geography

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States

    Frequently Asked Questions


    Which is the most influencing segment growing in the DNA digital data storage market report?

    The global DNA digital data storage market based on sequencing is segmented into, Synthesis Sequencing, Ion Semiconductor Sequencing, Chain Termination Sequencing, Ligation Sequencing, and Nanopore Sequencing. In 2021, the synthesis sequencing segment held the largest share of the market by technology whereas, nanopore sequencing is expected to witness fastest CAGR during 2021 to 2028, due to increasing utilization of this technology at global level.

    What is the market value of DNA digital data storage market based on region?

    The global DNA digital data storage market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America. The North American area holds the largest market for DNA digital data storage. The United States held the most significant DNA digital data storage market and is expected to grow due to factors such as the transformation of digital healthcare and growing investments while the technological advancements by key players in DNA digital data storage is also boosting the growth rate in US.
    The Asia Pacific region is expected to account for the fastest growth in the DNA digital data storage market. In Japan, India and South Korea, the market is expected to grow owing to the ongoing research activities related to DNA digital data storage and technology penetration in the region.

    What are the factors impacting for the DNA Digital Data Storage market?

    Several factors are believed to affect DNA digital data storage market in the coming years. Factors such as presence of DNA digital data storage service providers and active investments and business innovation related to DNA data storage are driving the market growth. However, the availability of alternatives and associated limitations likely to hamper the growth of the market.

    Who are the major players in the DNA digital data storage market?

    The DNA digital data storage market majorly consists of the players such as, Illumina, Inc; Twist Bioscience Agilent Technologies, Inc; Molecular Assemblies; Quantum Corporation; CATALOG; Microsoft Corporation; Iridia, Inc.; F. HOFFMANN-LA ROCHE LTD.; DNA Script; Evonetix among others.

    What is DNA Digital Data Storage?

    DNA digital data storage is the method of encoding and decoding binary data to and from synthesized strands of DNA. The DNA has garnered interest as a medium for digital information storage due to its high storage density and durability that is superior to those of existing silicon-based storage media. Moreover, DNA’s four-letter nucleotide code provides a suitable coding environment that can be used in the same way that computers and other electrical devices employ binary digital code to represent any letter, digit, or other character.

    The List of Companies - DNA Digital Data Storage Market

    1. Illumina, Inc
    2. Twist Bioscience
    3. Agilent Technologies, Inc
    4. Molecular Assemblies
    5. Quantum Corporation
    6. CATALOG
    7. Microsoft Corporation
    8. Iridia, Inc.
    9. F. HOFFMANN-LA ROCHE LTD.
    10. DNA Script
    11. Evonetix

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