The DNA Digital Data Storage Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s DNA Digital Data Storage Global Market Report 2024, The dna digital data storage market size has grown exponentially in recent years. It will grow from $0.12 billion in 2023 to $0.2 billion in 2024 at a compound annual growth rate (CAGR) of 65.1%. The growth in the historic period can be attributed to demographic shifts, public health awareness, regulatory frameworks, research and development, prevalence of hearing disorders.
The dna digital data storage market size is expected to see exponential growth in the next few years. It will grow to $1.28 billion in 2028 at a compound annual growth rate (CAGR) of 59.7%. The growth in the forecast period can be attributed to telehealth integration, personalized treatment approaches, wearable health technology, global health initiatives, lifestyle and environmental factors. Major trends in the forecast period include innovative hearing aid technologies, teleaudiology services, preventive hearing healthcare, integration of iot and wearables, regulatory support and standards.
The increasing demand for data security is expected to propel the growth of the DNA digital data storage market going forward. Data security involves safeguarding digital information from unauthorized access, disclosure, alteration, or destruction. Data security safeguards in DNA digital data storage ensure the protection of genetic information, prevent unauthorized access and enhance the privacy of individuals' genomic data. For instance, in February 2023, according to The Australian Cyber Security Centre, an Australia-based cyber security agency, there was a 13% increase in cybercrime reports, with a total of 76,000 cases received, compared to the previous year. Therefore, the increasing demand for data security is driving the growth of the DNA digital data storage market.
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The dna digital data storage market covered in this report is segmented –
1) By Sequencing: Synthesis, Ion Semiconductor, Chain Termination, Ligation, Nanopore Sequencing
2) By Deployment: Cloud, On-Premise
3) By Application: Diagnostic Research, Personalized Medicine, Other Application
4) By End User: Hospital, Clinics, Pharmaceutical And Biotechnology Companies, Academic And Research Institutes, Other End-Users
Major companies operating in the DNA digital data storage market are focusing on developing innovative products such as DNA data cards for improved and more convenient outcomes. DNA data cards are physical storage devices that utilize synthetic DNA strands to store digital data. For instance, in December 2023, Biomemory, a France-based biotechnology company, launched new DNA cards that allow owners to store up to one kilobyte of DNA data on a credit card-sized storage device. These credit card-sized DNA cards have a capacity of one kilobyte of text data each, representing a practical application of molecular computing for storage needs. The DNA Cards are designed for long-term data preservation, with a data integrity guarantee of up to 10,000 years
The dna digital data storage market report table of contents includes:
1. Executive Summary
2.DNA Digital Data Storage Market Characteristics
3DNA Digital Data Storage. Market Trends And Strategies
4.DNA Digital Data Storage market analysis
5.DNA Digital Data Storage Market Size And Growth
6.DNA Digital Data Storage Segmentation
7.DNA Digital Data Storage Regional And Country Analysis
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27.DNA Digital Data Storage Competitive Landscape And Company Profiles
28DNA Digital Data Storage. Key Mergers And Acquisitions
29.DNA Digital Data Storage Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Microsoft Corporation
- F. Hoffmann-La Roche Ltd.
- Thermo Fisher Scientific Inc.
- Western Digital Corporation
- Eurofins Scientific SE
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DNA Digital Data Storage market Overview(2021-2027)This report studies the DNA Digital Data Storage Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers.
Find the complete DNA Digital Data Storage Market analysis segmented by companies, region, type and applications in the report.The report offers valuable insight into the DNA Digital Data Storage market progress and approaches related to the DNA Digital Data Storage market with an analysis of each region.
The report goes on to talk about the dominant aspects of the market and examine each segment.Click Here To Access The Sample DNA Digital Data Storage Market ReportResearch MethodologyThe various research methodologies such as the Primary research mechanism and secondary research mechanism are considered in the DNA Digital Data Storage market report.
The data that is collected in the market report is provided through these research mechanisms.
The tools such as Porter’s Five Force model is used to perform a quantitative and qualitative analysis of the DNA Digital Data Storage market.
The various historical data along with the future aspects are analyzed to provide information about the overall market size of the DNA Digital Data Storage market at various levels.Research objectives:To study and analyze the global DNA Digital Data Storage market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2027.To understand the structure of DNA Digital Data Storage market by identifying its various sub segments.Focuses on the key global DNA Digital Data Storage players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.To analyze the DNA Digital Data Storage with respect to individual growth trends, future prospects, and their contribution to the total market.To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).To project the size of DNA Digital Data Storage submarkets, with respect to key regions (along with their respective key countries).To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.To strategically profile the key players and comprehensively analyze their growth strategies.The report lists the major players in the regions and their respective market share on the basis of global revenue.
In-depth study of the DNA Storage Industry that helps to provide answers and relevant questions regarding the Emerging trends and Growth opportunities.
It helps identify each of the major growth barriers aside from identifying the trends in the DNA Storage market.The DNA Storage Market report offers an in-depth analysis of the Global Market and several important aspects related to it.
This helps researchers in the study of the market’s performance so far and predicting the further performance for the forecasted period.
Various major market aspects such as demand and supply, revenue growth patterns market shares, and market trends are analyzed thoroughly while the drafting of this DNA Storage report.Get Access to Report Sample: https://straitsresearch.com/report/dna-storage-market/request-sampleMajor Key players covered in this report:Illumina, Inc., Thermo Fisher Scientific, Siemens AG, Microsoft,Beckman Coulter, 454 Life Sciences Corporation, Agilent Technologies, Inc., SOSV LLC,Gatc Biotech AG, and Eurofins Scientific,among others.
By Technology, , Sequencing by Synthesis, Ion Semiconductor Sequencing, Chain Termination Sequencing, Sequencing by Ligation, Nanopore Sequencing, By Deployment, , Cloud, On-Premise, By End-User, , Pharmaceutical Companies, Hospitals and Clinics, Academic and Government Research Institutes, Biotechnology CompaniesThe report has been prepared after studying the different parameters ruling the DNA Storage Market and the forecast period has been estimated from 2021-2029.
These factors can be projected to have their individual effects on the market, or they can have interconnected impacts.
