DNA is rising as the next big thing in the next-generation storage technologies owing to its high scalability and cost-efficiency. DNA storage is the process of encoding and decoding binary data onto and from synthesized strands of DNA (deoxyribonucleic acid). In nature, DNA molecules contain genetic blueprints for living cells and organisms, which is now being studied by global researchers and scientists to store massive amounts of the world’s information. The market is anticipated to witness huge growth during the upcoming years.
- In July 2018, researchers at the Department of Energy’s Joint BioEnergy Institute (JBEI) published a DNA synthesis method using terminal deoxynucleotidyl transferase (TdT) capable of extending DNA by 200 bases per minute. This enzyme-based technology can produce DNA strands ten times longer than current methods with greater accuracy and faster speed.
- Nuclear, a UK-based start-up company, is developing enzymatic DNA synthesis technology. The company has recently received funding from Innovate U.K. for its research and development in DNA storage.
- The European Union has provided funding to the European Bioinformatics Institute, an international governmental organization, to research DNA data storage medium.
- In June 2018, Catalog, a Boston-based start-up, and developer of a data conversion and storage platform raised USD 9 million in funding for providing commercial DNA data storage services and bypass the DNA synthesis process. Their methodology utilizes a large collection of premade molecules to encode data in DNA. The company has stored around 1 K.B. of data, including literary works in DNA, using their new technology.
- India, a nanotechnology company, specializing in biochemistry, molecular biology, and DNA, is a start-up based out of San Diego, developing new methods for storing data in DNA. The company aims to develop a technology that combines DNA polymer synthesis technology, electronic nano-switches, and semiconductor fabrication towards a highly-parallel format that enables an array of nanomodules to store data exceptionally high density.
- In 2017, the Government agency, National Science Foundation (NSF), solicited DNA information storage research proposals and totaled their grants for this purpose to USD 4 million.
- In March 2017, U.S. Government DARPA DARPA’s Molecular Informatics Program announced to create of a new paradigm for data storage, retrieval, and processing using encoded molecules and awarded USD 15 million in funding to researchers at Harvard University, Brown University, the University of Illinois, and the University of Washington.
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DNA Storage Market Segmentation
- Sequencing by Synthesis
- Ion Semiconductor Sequencing
- Chain Termination Sequencing
- Sequencing by Ligation
- Nanopore Sequencing
By End User
- Pharmaceutical Companies
- Hospitals and Clinics
- Academic and Government Research Institutes
- Biotechnology Companies
- North America
- Central and South America and the Caribbean
- The Middle East and Africa
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* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast Periods
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