UK Single Molecule, Real-time (smrt) Sequencing Market Size & Outlook
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UK single molecule, real-time (smrt) sequencing market highlights
- The UK single molecule, real-time (smrt) sequencing market generated a revenue of USD 9,776.7 million in 2020 and is expected to reach USD 38,034.7 million by 2030.
- The UK market is expected to grow at a CAGR of 14.6% 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 9,776.7 million |
| Market revenue in 2030 | USD 38,034.7 million |
| Growth rate | 14.6% (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, UK accounted for 8.6% 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 Europe, UK single molecule, real-time (smrt) sequencing market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 15,867.0 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 |
UK 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 UK 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 several initiatives taken by the UK’s Institute for genome sequencing is expected to drive market growth in the region.
For instance, in 2018, UK’s Well come Sanger Institute collaborated with Pacific Biosciences for the National Collection of Type Cultures (NCTC) initiative. Under this initiative scientists, from the institute have sequenced the genome of more than 3,000 bacteria.
This program used the PacBio SMRT sequencing system. Moreover, in January 2021, Well come Sanger Institute announced to purchase seven new PacBio Sequel IIe instruments and upgrade its five existing Sequel II instruments.
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Target buyers of UK 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 UK single molecule, real-time (smrt) sequencing market , including forecasts for subscribers. This country databook contains high-level insights into UK single molecule, real-time (smrt) sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK single molecule, real-time (smrt) sequencing market size, by workflow, 2018-2030 (US$M)
UK Single Molecule, Real-Time (SMRT) Sequencing Market Outlook Share, 2020 & 2030 (US$M)
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