Canada Single Molecule, Real-time (smrt) Sequencing Market Size & Outlook
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Canada single molecule, real-time (smrt) sequencing market highlights
- The Canada single molecule, real-time (smrt) sequencing market generated a revenue of USD 3,780.6 million in 2020 and is expected to reach USD 9,946.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 10.2% 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.
Single molecule, real-time (smrt) sequencing market data book summary
| Market revenue in 2020 | USD 3,780.6 million |
| Market revenue in 2030 | USD 9,946.0 million |
| Growth rate | 10.2% (CAGR from 2020 to 2030) |
| Largest segment | Sequencing |
| Fastest growing segment | Sequencing |
| Historical data | 2018 - 2019 |
| Base year | 2020 |
| Forecast period | 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, Canada accounted for 3.3% of the global single molecule, real-time (smrt) sequencing market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. single molecule, real-time (smrt) sequencing market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 227,950.1 million by 2030.
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Single Molecule, Real-Time (SMRT) Sequencing Market Scope
Single Molecule, Real-Time (SMRT) Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ArcherDX | View profile | 101-250 | Boulder, Colorado, United States, North America | http://archerdx.com |
| BioLine Rx Ltd ADR | View profile | 79 | 2 HaMa’ayan Street, Modi’in, Israel, 7177871 | https://www.biolinerx.com |
| Oxford Nanopore Technologies PLC | View profile | 1133 | Edmund Halley Road, Gosling Building, Oxford Science Park, Oxford, Oxfordshire, United Kingdom, OX4 4DQ | https://www.nanoporetech.com |
| Pacific Biosciences of California Inc | View profile | 796 | 1305 O’Brien Drive, Menlo Park, CA, United States, 94025 | https://www.pacb.com |
| Agilent Technologies | View profile | 10001+ | Santa Clara, California, United States, North America | http://www.agilent.com |
| Fluidigm Corporation | View profile | 501-1000 | South San Francisco, California, United States, North America | https://www.fluidigm.com |
| Takara Bio Inc | View profile | 1793 | Nojihigashi 7-4-38 Kusatu, Shiga, Otsu, Japan, 520-0058 | http://www.takara-bio.co.jp |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
| Roche Holding AG | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
Canada 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 will help companies and investors design strategic landscapes.
Sequencing was the largest segment with a revenue share of 54.42% in 2020. Horizon Databook has segmented the Canada 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.
Canada is estimated to witness significant market growth over forecast years due to the increase of biotechnology industry, increase in funding, and the adoption of SMRT sequencing Systems are the factors further aid in the growth of the market in the region.
For instance, in December 2019, the Center for Biodiversity Genomics has installed the country’s first Sequel II instrument-a cutting-edge system utilized to sequence genome, epigenomes or transcriptomes.
This novel system represents a key component in the support for BIOSCAN, a seven-year USD 180 million research program for stimulating species discovery and revealing species interactions and dynamics.
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada single molecule, real-time (smrt) sequencing market databook
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Our clientele includes a mix of single molecule, real-time (smrt) sequencing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada single molecule, real-time (smrt) sequencing market , including forecasts for subscribers. This country databook contains high-level insights into Canada single molecule, real-time (smrt) sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada single molecule, real-time (smrt) sequencing market size, by workflow, 2018-2030 (US$M)
Canada Single Molecule, Real-Time (SMRT) Sequencing Market Outlook Share, 2020 & 2030 (US$M)
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