Asia Pacific Single Molecule, Real-Time (Smrt) Sequencing Market Size & Outlook
The single molecule, real-time (smrt) sequencing market in Asia Pacific is expected to reach a projected revenue of US$ 123,204.7 million by 2030. A compound annual growth rate of 19% is expected of Asia Pacific single molecule, real-time (smrt) sequencing market from 2021 to 2030.
- Biotechnology
- Sequencing technology
- Single Molecule, Real-Time (SMRT) Sequencing Market Outlook
- Sequencing technology
Revenue, 2020 (US$M)
$21,679.6
Forecast, 2030 (US$M)
$123,204.7
CAGR, 2021 - 2030
19.0%
Report Coverage
Asia Pacific
Asia Pacific Single Molecule, Real-Time (Smrt) Sequencing Market, 2018-2030 (US$M)
Global Market
Related Markets
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Asia Pacific single molecule, real-time (smrt) sequencing market highlights
- The Asia Pacific single molecule, real-time (smrt) sequencing market generated a revenue of USD 21,679.6 million in 2020.
- The market is expected to grow at a CAGR of 19% from 2021 to 2030.
- In terms of segment, sequencing was the largest revenue generating workflow in 2020.
- Sequencing is the most lucrative workflow segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2021 to 2030.
Asia Pacific data book summary
| Market revenue in 2020 | USD 21,679.6 million |
| Market revenue in 2030 | USD 123,204.7 million |
| Growth rate | 19% (CAGR from 2020 to 2030) |
| Largest segment | Sequencing |
| Fastest growing segment | Sequencing |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pre-Sequencing, Sequencing, Data Analysis |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Qiagen NV, Pacific Biosciences of California Inc, Roche Holding AG, Oxford Nanopore Technologies PLC, Agilent Technologies, Fluidigm Corporation, Takara Bio Inc, BioLine Rx Ltd ADR, ArcherDX |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 19.0% of the global single molecule, real-time (smrt) sequencing market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 123,204.7 million by 2030.
Key Regions:U.S., UK, Japan, Brazil, Saudi Arabia
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Single Molecule, Real-Time (SMRT) Sequencing Market Scope
Single Molecule, Real-Time (SMRT) Sequencing Market segmentation & scope
Single Molecule, Real-Time (SMRT) Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Roche Holding AG | View profile | 103,605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | www.roche.com |
| Illumina Inc | View profile | 9,300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | www.illumina.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Takara Bio Inc | View profile | 1,793 | Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, Japan, 520-0058 | www.takara-bio.co.jp |
| Fluidigm Corporation | View profile | 501-1000 | South San Francisco, California, United States, North America | www.fluidigm.com |
| Agilent Technologies | View profile | 10001+ | Santa Clara, California, United States, North America | www.agilent.com |
| Pacific Biosciences of California Inc | View profile | 796 | 1305 O’Brien Drive, Menlo Park, CA, United States, 94025 | www.pacb.com |
| Oxford Nanopore Technologies PLC | View profile | 1,133 | Edmund Halley Road, Gosling Building, Oxford Science Park, Oxford, Oxfordshire, United Kingdom, OX4 4DQ | www.nanoporetech.com |
| BioLine Rx Ltd ADR | View profile | 79 | 2 HaMa’ayan Street, Modi’in, Israel, 7177871 | www.biolinerx.com |
Asia Pacific Single Molecule, Real-Time (SMRT) Sequencing Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Single Molecule, Real-Time (SMRT) Sequencing Market Outlook will help companies and investors design strategic landscapes.
Sequencing was the largest segment with a revenue share of 54.46% in 2020.
Horizon Databook has segmented the Asia Pacific single molecule, real-time (smrt) sequencing market based on pre-sequencing, sequencing, data analysis covering the revenue growth of each sub-segment from 2018 to 2030.
- Asia Pacific Single Molecule, Real-Time (Smrt) Sequencing Market Workflow Outlook (Revenue, USD Million , 2018-2030)
- Pre-Sequencing
- Sequencing
- Data Analysis
- Asia Pacific Single Molecule, Real-Time (Smrt) Sequencing Market Application Outlook (Revenue, USD Million , 2018-2030)
- Genomics
- Transcriptomics
- Epigenetics
- Asia Pacific Single Molecule, Real-Time (Smrt) Sequencing Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Academic Research
- Clinical Research
- Hospitals & Clinics
- Pharma & Biotech Entities
- Other
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Single Molecule, Real-Time (SMRT) Sequencing Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Single Molecule, Real-Time (SMRT) Sequencing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Asia Pacific Single Molecule, Real-Time (Smrt) Sequencing Market, 2018-2030 (US$M)
Asia Pacific single molecule, real-time (smrt) sequencing market statistics, by workflow, 2018-2030 (US$M)
