What is NGS-Based RNA-Sequencing Market Scope?
NGS-Based RNA-Sequencing is increasingly the method of choice for researchers studying the transcriptome. It offers some advantages over gene expression arrays. It is a sequencing technique that uses next-generation sequencing to reveal the presence and quantity of RNA in a biological sample at a given moment, analyzing the continuously changing cellular transcriptome. Increasing diseases like cancer and others is the major factors driving that market growth North America dominates the global NGS-Based RNA-Sequencing market.
Influencing Trend:
Development in Portable Sequencing Technology and Rapid Advances in Genomic Technology
Market Growth Drivers:
Growing Adoption by Laboratories to Study more deeply and assess Changes that may Indicate Disease and Rapidly Developing Technologies in Next-Generation Sequencing
Challenges:
Government Regulations on the NGS-Based RNA-Sequencing
Restraints:
High Cost Associated with the NGS-Based RNA-Sequencing
Opportunities:
Increasing Applications of RNA-Sequencing in the Field of Cancer is creating Opportunities for the Market Growth
The NGS-Based RNA-Sequencing market study is being classified by Type (Sample Preparation, Platforms & Consumables, Services and Data Analysis), by Application and major geographies with country level break-up.
Global NGS-Based RNA-Sequencing is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Technologies. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analysts at AMA predicts that Players from Global will contribute to the maximum growth of Global NGS-Based RNA-Sequencing market throughout the predicted period.
Illumina (United States), Thermo Fisher Scientific (United States), BGI Genomics (China), Agilent Technologies (United States), 10X Genomics (United States), QIAGEN (Germany), GENEWIZ (United States), MACROGEN (United States), Pacific Biosciences of California (United States) and Oxford Nanopore Technologies (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are PerkinElmer, Inc. (United States) and Eurofins Scientific (United Kingdom).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global NGS-Based RNA-Sequencing market by Type, Application and Region.
On the basis of geography, the market of NGS-Based RNA-Sequencing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In November 2023, QIAGEN announced a strategic partnership to offer comprehensive next-generation sequencing (NGS) workflows for the Element AVITI™ System, an innovative sequencing platform. Partnership combines QIAGEN’s QIAseq panels, CLC LightSpeed, and QCI Interpret software to support Element’s AVITI System users in genomic analysis
In March 2022, Quantbio launched the sparQ RNA-Seq HMR kit, an ultra-fast RNA next-generation sequencing (NGS) library preparation tool with integrated ribosomal RNA (rRNA) and globin mRNA depletion.
The FDA’s proposed framework also raises concerns as to whether it effectively protects consumer safety or threatens scientific discovery and innovation. As questions about regulation, statutory power, and legislation reform remain, the FDA and healthcare leaders must consider logistical and stakeholder challenges if they seek to transform clinical care with NGS technology.
Key Target Audience
NGS-Based RNA-Sequencing Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes and Others
NGS-Based RNA-Sequencing Market Study: Important Years
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (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 |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in NGS-Based RNA-Sequencing Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in NGS-Based RNA-Sequencing industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.