Press release
Market Analysis: Nanopore Technology Market on the Rise
Recent technological advancements in digital healthcare devices and equipment is expected to drive the global nanopore technologies market. The emergence of digitalization has transformed the nanopore technologies. In the process of nanopore technology sequencing, current passes nano-sized pores and are later used for protein sequencing. This sequencing information is collected in the form of electronic data. Owing to the adoption of the internet of things (IoT), this technology can be effectively employed for the sequencing of human genome. This technology has a higher preference than other technologies owing to its cost-effectiveness and quicker results. Moreover, researchers are planning to develop molecule detectors and sequencers by adopting this technology. Protecting the health information of patients is gaining immense attention and plays a crucial part in the healthcare industry. This, along with, increasing incorporation of cloud-based technologies, is expected to contribute to the growth of the market in the forecast years. Quantapore Inc. is currently using nanopore technology to sequence vast amount of DNA. Several other companies are planning to invest in this technology, which in turn, is expected to encourage growth in the global market.Highlights of the Report:
o In-depth analysis of various insights, namely, Nanopore Technology Market trends, growth drivers, opportunities, and other related challenges.
o Comprehensive details of key market players, their core competencies, and Nanopore Technology Market share.
o The potency of suppliers and buyers to make better business decisions.
o Lists out the market size in terms of volume.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/nanopore-technologies-market-100270
Key Players Operating in The Nanopore Technology Market Include:
Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:
o Oxford Nanopore Technologies
o NorthShore Bio
o Nabsys LLC
o Electronic BioSciences
o Quantapore Inc.
o Stratos Genomics
o Noblegen Biosciences
DNA Sequencing Segment to Witness Immense Growth Opportunities
As per application, DNA sequencing is expected to lead the global market owing to the rising demand for DNA sequencing tools. These tools are used for studying different types of health conditions and genome sequencing with an aim to develop drugs. Oxford Nanopore Technologies announced the launch of an advanced accessory called MinIT in 2018, which aims to perform faster DNA sequencing. Spurred by such developments, the DNA sequencing segment is expected to rise in the forthcoming years.
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NorthShore Bio in North America to Develop a Nanopore-based Molecular Detector
From a geographical standpoint, the market in North America is expected to maintain its dominance in the forecast duration. The growth is mainly attributable to the increasing research for the development of nanopore-enabled detector and DNA transistors. One of the leading companies operating in molecular detection and nanopore technology, NorthShore Bio is planning to develop an advanced molecular detector. This detector is made of semiconductor-based silicone material and uses nanopore technology for RNA and DNA sequencing. Such advancements are expected to create immense growth opportunities in the market in North America by 2026.
Report Focus:
o Extensive product offerings
o Customer research services
o Robust research methodology
o Comprehensive reports
o Latest technological developments
o Value chain analysis
o Potential Nanopore Technology Market opportunities
o Growth dynamics
o Quality assurance
o Post-sales support
o Regular report updates
Reasons to Purchase this Report:
o Comprehensive analysis of the Nanopore Technology Market growth drivers, obstacles, opportunities, and other related challenges.
o Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
o Identifies market restraints and boosters.
o Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:
o What is the market size and growth rate of the global and regional market by various segments?
o What is the market size and growth rate of the market for selective countries?
o Which region or sub-segment is expected to drive the market in the forecast period?
o What Factors are estimated to drive and restrain the Nanopore Technology Market growth?
o What are the key technological and market trends shaping the market?
o What are the key opportunities in the market?
o What are the key companies operating in the market?
o Which company accounted for the highest market share?
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