DNA Nanotechnology Market Size is valued at USD 4.34 Bn in 2023 and is predicted to reach USD 24.29 Bn by the year 2031 at a 24.67% CAGR during the forecast period for 2024-203.
DNA nanotechnology is a potent tool in computing, electronics, medicine, and materials science because of its unique programmability, accuracy, and biocompatibility. The field's ongoing study and development are bringing up new opportunities to use life's molecular machinery to tackle difficult issues in science and engineering. This technique takes advantage of DNA's unique base-pairing characteristics to construct intricate molecular shapes and patterns. Rising R&D spending, expanding medical and biotech applications, and improved nanofabrication methods are the main forces propelling the DNA nanotechnology industry worldwide.
Solutions based on DNA nanotechnology are also seeing increased adoption due to the growing demand for tailored drug delivery systems and personalized treatment. Another factor fueling the global rise of the DNA nanotechnology market is the cooperation between research organizations, academic institutions, and industry players. The expansion of the DNA nanotechnology market is being propelled by the expansion of its potential applications in domains including quantum information processing and nanotechnology circuitry, made possible by its combination with photonics and microelectronics.
However, the market growth is hampered by the high cost of developing and commercializing DNA nanotechnology products, worries about the scaling and replication of manufacturing procedures, and regulatory obstacles related to the security and effectiveness of DNA-based products are some of the challenges that restrict the market growth. In addition, COVID-19 increased the pace of scientific investigation, especially in diagnosis, treatment, and vaccine creation. Innovative vaccine delivery techniques and quick and sensitive diagnostic tests for SARS-CoV-2 detection have been made possible using DNA nanotechnology.
Competitive Landscape
Some Major Key Players In The DNA Nanotechnology Market:
- Genisphere LLC
- INOVIO Pharmaceuticals
- Tilibit nanosystems
- Aummune Therapeutics Ltd
- Nanovery
- Esya Labs
- Nomic
- Torus Biosystems
- Parabon NanoLabs, Inc.
- NanoApps Medical Inc.
- Fox BIOSYSTEMS
- Nanion Technologies GmbH
- Mehr Mabna Darou, Inc.
- Nanowerk
- NuProbe
- Twist Bioscience Corporation
- NanoInk Inc.
- Oxford Nanopore Technologies Ltd.
- Illumina Inc.
- Agilent Technologies Inc.
- Thermo Fisher Scientific Inc.
- Bio-Rad Laboratories Inc.
- Danaher Corporation
- Bruker Corporation
- New England Biolabs Inc.
- Other Prominent Players
Market Segmentation:
The DNA nanotechnology market is segmented based on type, application, and end user. Based on type, the market is segmented into structural DNA nanotechnology and dynamic DNA nanotechnology. By application, the market is segmented into targeted drug delivery, smart pills, nanolithography, and others. By end user, the market is segmented into academic & research institutions, biotechnology & pharmaceutical companies, and others.
Based On The Type, The Structural DNA Nanotechnology Segment Is Accounted As A Major Contributor To The DNA Nanotechnology Market.
The structural DNA nanotechnology DNA nanotechnology market is expected to hold a large global market share in 2022. Owing to its novel method for fabricating accurately and being amenable to programming nanostructures. Many fields, including nano-electronic device creation, targeted medication delivery, and medical diagnostics, can benefit from this technology's capacity to create intricate molecular structures and patterns. This technology's acceptance and market expansion is propelled by its revolutionary potential in several sectors.
Biotechnology & Pharmaceutical Companies Segment To Witness Growth At A Rapid Rate.
Biotechnology and pharmaceutical companies are growing rapidly due to their growing spending on research and development, an uptick in interest in individualized healthcare, and a pressing need for novel medication delivery methods and treatment strategies. Because of these reasons, DNA nanotechnology is being used to create better, more specific medicines, growing this segment.
In The Region, The North American DNA Nanotechnology Market Holds A Significant Revenue Share.
The North American DNA nanotechnology market is expected to register the maximum market revenue share in the near future. It can be attributed to the fact that the nation is home to a sizable biotechnology industry and several prominent business figures. Government subsidies and initiatives and a sufficient financial environment have fostered research and development endeavours. In addition, Asia Pacific is predicted to grow rapidly in the global DNA nanotechnology market because rising healthcare spending, a thriving biotech industry, and a flood of capital from outside investors in key Asian markets are all factors fueling the boom. Additionally, a positive growth driver is the increasing attention of global businesses toward the expanding markets of the Asia Pacific region.
Recent Developments:
- In January 2024, Danaher Corporation announced the acquisition of Aldevron. Aldevron produces high-quality plasmid DNA, mRNA, and proteins for its customers in the biotechnology and pharmaceutical industries, who use them in research, clinical trials, and commercial applications.
- In Jan 2023, Agilent Technologies Inc. acquired Avida Biomed, a young startup in the field of life sciences. Avida Biomed has created advanced target enrichment procedures with distinctive features that are particularly useful for clinical researchers that employ next-generation sequencing (NGS) methods to investigate cancer. The acquisition enhanced Agilent's already dominant SureSelect portfolio and further supported Agilent's plan to enter the rapidly growing clinical research and diagnostics sectors.
DNA Nanotechnology Market Report Scope
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 4.34 Bn |
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Revenue Forecast In 2031 |
USD 24.29 Bn |
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Growth Rate CAGR |
CAGR of 24.67% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type, Application, And End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
NuProbe, GATTAQUANT GMBH, Genisphere LLC, INOVIO Pharmaceuticals., Tilibit nanosystems, Aummune Therapeutics Ltd., Nanovery, Esya Labs, Nomic, Torus Biosystems, Parabon NanoLabs, Inc., NanoApps Medical Inc., Fox BIOSYSTEMS, Nanion Technologies GmbH, Mehr Mabna Darou, Inc., Nanowerk, Twist Bioscience Corporation, NanoInk Inc., Oxford Nanopore Technologies Ltd., Illumina Inc., Agilent Technologies Inc., Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Danaher Corporation, Bruker Corporation, New England Biolabs Inc., Other Market Players |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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