Industry Background:
The transcriptome is the complete collection of all RNA molecules found in a single cell, a population of cells, or a living organism. The quantitative transcriptome analysis market is gaining traction as a method for drug development and cancer research. Quantitative transcriptome analysis is expected to become more common in the future as the human disease becomes more complex.
According to AMA Research, the market for Quantitative Transcriptome Analysis is expected to register a CAGR of 5.6% during the forecast period to 2030. This growth is primarily driven by Increasing Research and Development Activities for Novel Cancer Therapeutic
.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Health Care Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Illumina, Inc (United States), F. Hoffmann-La Roche Ltd. (Switzerland), BGI Genomics (China), Qiagen N.V. (Germany), Thermo Fisher Scientific Inc. (United States), Macrogen (South Korea), Agilent Technologies (United States), 10x Genomics (United States), Promega Corporation (United States), Bio-Rad Laboratories, Inc. (United States) and GE Healthcare (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2022, Parse Biosciences, a provider of single-cell sequencing solutions for researchers partnered with Research Instruments Pte Ltd to provide Parse's Evercode Whole Transcriptome Kits (WTKs), Cell Fixation Kits, and Nuclei Fixation Kits in Singapore and Southeast Asia.
In May 2022, BioSkryb Genomics launched the Early Access Program (EAP) for ResolveOME. This unified, single-cell workflow amplifies the complete genome and full-length mRNA transcripts of the entire transcriptome from the same cell.The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Influencing Trend:
Technical Progress in Medical Industry
Market Growth Drivers:
Increasing Research and Development Activities for Novel Cancer Therapeutic and Rising Complex Human Disease
Challenges:
Insufficient Skilled Personnel
Restraints:
Ethical and Scientific concern of Transcriptome Analysis
Opportunities:
Higher Funding Allocations to the Drug Discovery and Increasing Use of Biosimilars to Treat Severe Disease
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Quantitative Transcriptome Analysis Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Quantitative Transcriptome Analysis Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Quantitative Transcriptome Analysis players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Quantitative Transcriptome Analysis Study Sheds Light on
The Quantitative Transcriptome Analysis Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Quantitative Transcriptome Analysis industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Quantitative Transcriptome Analysis industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.