Mexico - Latin America Single Molecule, Real-Time (Smrt) Sequencing Market Size & Outlook
- Biotechnology
- Sequencing technology
- Single Molecule, Real-Time (SMRT) Sequencing Market Outlook
- Sequencing technology
Mexico - Latin America Single Molecule, Real-Time (Smrt) Sequencing Market, 2018-2030 (US$M)
Global Market
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Mexico single molecule, real-time (smrt) sequencing market highlights
- The Mexico single molecule, real-time (smrt) sequencing market generated a revenue of USD 1,092.7 million in 2020 and is expected to reach USD 2,595.8 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9% 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 1,092.7 million |
| Market revenue in 2030 | USD 2,595.8 million |
| Growth rate | 9% (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, Mexico accounted for 1.0% 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 Latin America, Brazil single molecule, real-time (smrt) sequencing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,595.8 million by 2030.
The rise in the incidence of rare diseases moving Mexican scientists and research attention towards sequence-based genome research is anticipated to drive the market in coming years.
The International Laboratory for Human Genome Research, National Autonomous University of Mexico, working on the long-read sequencing using PacBio’s sequencing systems. The institute using PacBio long-read sequencing to analyze variation genome-wide in rare disease research.
In 2019, the National Autonomous University of Mexico received a grant to use PacBio sequencing technology to help enable rare disease diagnostics in the country.
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 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 |
Mexico - Latin America 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 54.42% in 2020.
Horizon Databook has segmented the Mexico - Latin America 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.
The rise in the incidence of rare diseases moving Mexican scientists and research attention towards sequence-based genome research is anticipated to drive the market in coming years.
The International Laboratory for Human Genome Research, National Autonomous University of Mexico, working on the long-read sequencing using PacBio’s sequencing systems. The institute using PacBio long-read sequencing to analyze variation genome-wide in rare disease research.
In 2019, the National Autonomous University of Mexico received a grant to use PacBio sequencing technology to help enable rare disease diagnostics in the country.
- Mexico - Latin America Single Molecule, Real-Time (Smrt) Sequencing Market Workflow Outlook (Revenue, USD Million , 2018-2030)
- Pre-Sequencing
- Sequencing
- Data Analysis
- Mexico - Latin America Single Molecule, Real-Time (Smrt) Sequencing Market Application Outlook (Revenue, USD Million , 2018-2030)
- Genomics
- Transcriptomics
- Epigenetics
- Mexico - Latin America 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 country-level data and insights on the Mexico - Latin America Single Molecule, Real-Time (SMRT) Sequencing Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Single Molecule, Real-Time (SMRT) Sequencing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Single Molecule, Real-Time (Smrt) Sequencing Market, 2018-2030 (US$M)
Mexico single molecule, real-time (smrt) sequencing market statistics, by workflow, 2018-2030 (US$M)
