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Behavioral Rehabilitation Market Size to Hit USD 540.84 Mn by 2028
DNA digital data storage is the method of encoding and decoding binary data to and from synthesized strands of DNA. 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 characters.The market is expected to reach US$ 540.84 million by 2028 from US$ 350.63 million in 2021; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028.
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Leading companies operating in the market have undertaken various organic growth strategies in the genome editing market. The genome editing market is majorly comminated by Illumina, Inc., Twist Bioscience, Agilent Technologies, Inc., Molecular Assemblies, Quantum Corporation, CATALOG, Microsoft Corporation, Iridia, Inc., F. HOFFMANN-LA ROCHE LTD., DNA Script, amongst others. The companies have been implementing various strategies that have helped their growth and, in turn, brought about several breakthroughs and transitions in the industry. The companies have utilized organic strategies such as launches, expansion, and product approvals. Moreover, the market players have also deployed several utilized inorganic strategies, including mergers & acquisitions, partnerships, and collaborations.
Based on treatment, the behavioral rehabilitation market is segmented into drugs, counseling, and therapy services. The counseling and therapy services segment held the largest share of the market in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Based on healthcare setting, the behavioral rehabilitation market is segmented into anxiety disorders, mood disorders, substance abuse disorders, personality disorders, and attention deficit disorders. The anxiety disorders segment held the largest market share in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
Based on the healthcare setting, the behavioral rehabilitation market is segmented into outpatient behavioral rehabilitation, inpatient behavioral rehabilitation, and residential behavioral rehabilitation. The outpatient behavioral rehabilitation segment held the largest market share in 2021 and is anticipated to register the highest CAGR in the market during the forecast period.
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