
NGS Based RNA Sequencing Market
Description
NGS Based RNA Sequencing Market is anticipated to expand from $3.31 billion in 2024 to $14.47 billion by 2034, growing at a CAGR of approximately 15.9%. The NGS-Based RNA-Sequencing Market encompasses the industry centered around next-generation sequencing technologies applied to RNA analysis. This market includes platforms, reagents, and services that enable comprehensive transcriptome profiling, gene expression analysis, and novel RNA discovery. It serves sectors such as healthcare, pharmaceuticals, and biotechnology, facilitating advancements in personalized medicine, disease research, and therapeutic development.
Segment Overview
The NGS-Based RNA-Sequencing Market is experiencing robust growth, driven by advancements in genomic research and personalized medicine. Among the segments, the consumables sub-segment emerges as the top performer, attributed to the recurring demand for reagents and kits essential for sequencing processes. Sequencing platforms follow as the second-highest performing sub-segment, benefiting from technological innovations and decreasing costs. Regionally, North America leads the market, propelled by substantial investments in healthcare infrastructure and research initiatives. Europe stands as the second most lucrative region, supported by favorable government policies and a strong focus on biotechnology advancements. Within these regions, the United States and Germany are the key contributors, respectively, due to their robust research ecosystems and collaborations between academia and industry. These insights underscore the market's dynamic nature, highlighting opportunities for stakeholders to capitalize on technological advancements and strategic regional positioning.
Global tariffs and geopolitical risks are significantly influencing the NGS-Based RNA-Sequencing Market. In Europe, strategies are pivoting towards self-reliance in biotechnology, driven by trade tensions and the need for robust healthcare infrastructures. Asia, particularly China and India, is witnessing accelerated investments in domestic sequencing technologies, propelled by export restrictions and a desire for technological sovereignty. Germany and Japan are enhancing collaborations to mitigate supply chain vulnerabilities, focusing on innovation and research partnerships. South Korea and Taiwan are navigating these challenges by bolstering their semiconductor capacities, crucial for sequencing equipment. The parent market is experiencing robust growth globally, with an increasing demand for personalized medicine and genomic research. By 2035, the market is expected to flourish, contingent upon geopolitical stability and diversified supply chains. Middle East conflicts, impacting global energy prices, add another layer of complexity, influencing operational costs and timelines across the biotechnology sector.
Key Trends and Drivers
The NGS-Based RNA-Sequencing Market is experiencing dynamic growth, propelled by several pivotal trends and drivers. Foremost among these is the increasing demand for personalized medicine, which necessitates advanced genomic analysis to tailor treatments to individual genetic profiles. This trend is further augmented by the declining cost of sequencing technologies, making RNA sequencing more accessible and affordable for research and clinical applications.
Moreover, the rise in cancer research initiatives is significantly driving the market, as RNA sequencing offers unparalleled insights into tumor biology and the identification of novel biomarkers. The expanding application of RNA sequencing in agricultural biotechnology also presents lucrative opportunities, as it aids in understanding plant genetics for improved crop yields and resilience.
Furthermore, government funding and support for genomic research are fostering innovation and development in this sector. The integration of artificial intelligence and machine learning for data analysis in RNA sequencing is emerging as a critical trend, enhancing the accuracy and speed of genomic interpretations. This technological synergy is set to unlock new possibilities in the market, paving the way for groundbreaking discoveries and applications.
Key Players
Illumina, Oxford Nanopore Technologies, Pacific Biosciences, BGI Genomics, Qiagen, Thermo Fisher Scientific, Roche Sequencing Solutions, Agilent Technologies, Perkin Elmer, 10x Genomics, Bio- Rad Laboratories, Genewiz, Takara Bio, GATC Biotech, Eurofins Genomics, Macrogen, Novogene, Zymo Research, Lexogen, Singular GenomicsResearch Scope
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Segment Overview
The NGS-Based RNA-Sequencing Market is experiencing robust growth, driven by advancements in genomic research and personalized medicine. Among the segments, the consumables sub-segment emerges as the top performer, attributed to the recurring demand for reagents and kits essential for sequencing processes. Sequencing platforms follow as the second-highest performing sub-segment, benefiting from technological innovations and decreasing costs. Regionally, North America leads the market, propelled by substantial investments in healthcare infrastructure and research initiatives. Europe stands as the second most lucrative region, supported by favorable government policies and a strong focus on biotechnology advancements. Within these regions, the United States and Germany are the key contributors, respectively, due to their robust research ecosystems and collaborations between academia and industry. These insights underscore the market's dynamic nature, highlighting opportunities for stakeholders to capitalize on technological advancements and strategic regional positioning.
Global tariffs and geopolitical risks are significantly influencing the NGS-Based RNA-Sequencing Market. In Europe, strategies are pivoting towards self-reliance in biotechnology, driven by trade tensions and the need for robust healthcare infrastructures. Asia, particularly China and India, is witnessing accelerated investments in domestic sequencing technologies, propelled by export restrictions and a desire for technological sovereignty. Germany and Japan are enhancing collaborations to mitigate supply chain vulnerabilities, focusing on innovation and research partnerships. South Korea and Taiwan are navigating these challenges by bolstering their semiconductor capacities, crucial for sequencing equipment. The parent market is experiencing robust growth globally, with an increasing demand for personalized medicine and genomic research. By 2035, the market is expected to flourish, contingent upon geopolitical stability and diversified supply chains. Middle East conflicts, impacting global energy prices, add another layer of complexity, influencing operational costs and timelines across the biotechnology sector.
Key Trends and Drivers
The NGS-Based RNA-Sequencing Market is experiencing dynamic growth, propelled by several pivotal trends and drivers. Foremost among these is the increasing demand for personalized medicine, which necessitates advanced genomic analysis to tailor treatments to individual genetic profiles. This trend is further augmented by the declining cost of sequencing technologies, making RNA sequencing more accessible and affordable for research and clinical applications.
Moreover, the rise in cancer research initiatives is significantly driving the market, as RNA sequencing offers unparalleled insights into tumor biology and the identification of novel biomarkers. The expanding application of RNA sequencing in agricultural biotechnology also presents lucrative opportunities, as it aids in understanding plant genetics for improved crop yields and resilience.
Furthermore, government funding and support for genomic research are fostering innovation and development in this sector. The integration of artificial intelligence and machine learning for data analysis in RNA sequencing is emerging as a critical trend, enhancing the accuracy and speed of genomic interpretations. This technological synergy is set to unlock new possibilities in the market, paving the way for groundbreaking discoveries and applications.
Key Players
Illumina, Oxford Nanopore Technologies, Pacific Biosciences, BGI Genomics, Qiagen, Thermo Fisher Scientific, Roche Sequencing Solutions, Agilent Technologies, Perkin Elmer, 10x Genomics, Bio- Rad Laboratories, Genewiz, Takara Bio, GATC Biotech, Eurofins Genomics, Macrogen, Novogene, Zymo Research, Lexogen, Singular GenomicsResearch Scope
- Estimates and forecasts the overall market size across type, application, and region.
- Provides detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling.
- Identifies factors influencing market growth and challenges, opportunities, drivers, and restraints.
- Identifies factors that could limit company participation in international markets to help calibrate market share expectations and growth rates.
- Evaluates key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities.
- Analyzes smaller market segments strategically, focusing on their potential, growth patterns, and impact on the overall market.
- Outlines the competitive landscape, assessing business and corporate strategies to monitor and dissect competitive advancements.
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Table of Contents
389 Pages
- NGS-Based RNA-Sequencing Market Overview
- Chapter 1
- Sections: 1.1 Objectives of the Study
- 1.2 NGS-Based RNA-Sequencing Market Definition and Scope of the Report
- 1.3 Report Limitations
- 1.4 Years & Currency Considered in the Study
- 1.5 Research Methodologies
- 1.5.1 Secondary Research
- 1.5.2 Primary Research
- 1.5.3 Market Size Estimation: Top-Down Approach
- 1.5.4 Market Size Estimation: Bottom-Up Approach
- 1.5.5 Data Triangulation and Validation
- Executive Summary
- Chapter 2
- Sections: 2.1 Summary
- 2.2 Key Opinion Leaders
- 2.3 Key Highlights of the Market, by Type
- 2.4 Key Highlights of the Market, by Product
- 2.5 Key Highlights of the Market, by Services
- 2.6 Key Highlights of the Market, by Technology
- 2.7 Key Highlights of the Market, by Application
- 2.8 Key Highlights of the Market, by End User
- 2.9 Key Highlights of the Market, by Component
- 2.10 Key Highlights of the Market, by Functionality
- 2.11 Key Highlights of the Market, by Deployment
- 2.12 Key Highlights of the Market, by Stage
- 2.13 Key Highlights of the Market, by North America
- 2.14 Key Highlights of the Market, by Europe
- 2.15 Key Highlights of the Market, by Asia-Pacific
- 2.16 Key Highlights of the Market, by Latin America
- 2.17 Key Highlights of the Market, by Middle East
- 2.18 Key Highlights of the Market, by Africa
- Premium Insights on the Market
- Chapter 3
- Sections: 3.1 Market Attractiveness Analysis, by Region
- 3.2 Market Attractiveness Analysis, by Type
- 3.3 Market Attractiveness Analysis, by Product
- 3.4 Market Attractiveness Analysis, by Services
- 3.5 Market Attractiveness Analysis, by Technology
- 3.6 Market Attractiveness Analysis, by Application
- 3.7 Market Attractiveness Analysis, by End User
- 3.8 Market Attractiveness Analysis, by Component
- 3.9 Market Attractiveness Analysis, by Functionality
- 3.10 Market Attractiveness Analysis, by Deployment
- 3.11 Market Attractiveness Analysis, by Stage
- 3.12 Market Attractiveness Analysis, by North America
- 3.13 Market Attractiveness Analysis, by Europe
- 3.14 Market Attractiveness Analysis, by Asia-Pacific
- 3.15 Market Attractiveness Analysis, by Latin America
- 3.16 Market Attractiveness Analysis, by Middle East
- 3.17 Market Attractiveness Analysis, by Africa
- NGS-Based RNA-Sequencing Market Outlook
- Chapter 4
- Sections: 4.1 NGS-Based RNA-Sequencing Market Segmentation
- 4.2 Market Dynamics
- 4.2.1 Market Drivers
- 4.2.2 Market Trends
- 4.2.3 Market Restraints
- 4.2.4 Market Opportunities
- 4.3 Porters Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Threat of Substitutes
- 4.3.3 Bargaining Power of Buyers
- 4.3.4 Bargaining Power of Supplier
- 4.3.5 Competitive Rivalry
- 4.4 PESTLE Analysis
- 4.5 Value Chain Analysis
- 4.6 4Ps Model
- 4.7 ANSOFF Matrix
- NGS-Based RNA-Sequencing Market Strategy
- Chapter 5
- Sections: 5.1 Parent Market Analysis
- 5.2 Supply-Demand Analysis
- 5.3 Consumer Buying Interest
- 5.4 Case Study Analysis
- 5.5 Pricing Analysis
- 5.6 Regulatory Landscape
- 5.7 Supply Chain Analysis
- 5.8 Competition Product Analysis
- 5.9 Recent Developments
- NGS-Based RNA-Sequencing Market Size
- Chapter 6
- Sections: 6.1 NGS-Based RNA-Sequencing Market Size, by Value
- 6.2 NGS-Based RNA-Sequencing Market Size, by Volume
- NGS-Based RNA-Sequencing Market, by Type
- Chapter 7
- Sections: 7.1 Market Overview
- 7.2 Whole Transcriptome Sequencing
- 7.2.1 Key Market Trends & Opportunity Analysis
- 7.2.2 Market Size and Forecast, by Region
- 7.3 Targeted RNA Sequencing
- 7.3.1 Key Market Trends & Opportunity Analysis
- 7.3.2 Market Size and Forecast, by Region
- 7.4 Small RNA Sequencing
- 7.4.1 Key Market Trends & Opportunity Analysis
- 7.4.2 Market Size and Forecast, by Region
- 7.5 Single-cell RNA Sequencing
- 7.5.1 Key Market Trends & Opportunity Analysis
- 7.5.2 Market Size and Forecast, by Region
- 7.6 Others
- 7.6.1 Key Market Trends & Opportunity Analysis
- 7.6.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Product
- Chapter 8
- Sections: 8.1 Market Overview
- 8.2 Sequencing Platforms
- 8.2.1 Key Market Trends & Opportunity Analysis
- 8.2.2 Market Size and Forecast, by Region
- 8.3 Kits and Reagents
- 8.3.1 Key Market Trends & Opportunity Analysis
- 8.3.2 Market Size and Forecast, by Region
- 8.4 Software
- 8.4.1 Key Market Trends & Opportunity Analysis
- 8.4.2 Market Size and Forecast, by Region
- 8.5 Others
- 8.5.1 Key Market Trends & Opportunity Analysis
- 8.5.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Services
- Chapter 9
- Sections: 9.1 Market Overview
- 9.2 Data Analysis
- 9.2.1 Key Market Trends & Opportunity Analysis
- 9.2.2 Market Size and Forecast, by Region
- 9.3 Sequencing Services
- 9.3.1 Key Market Trends & Opportunity Analysis
- 9.3.2 Market Size and Forecast, by Region
- 9.4 Others
- 9.4.1 Key Market Trends & Opportunity Analysis
- 9.4.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Technology
- Chapter 10
- Sections: 10.1 Market Overview
- 10.2 Sequencing by Synthesis
- 10.2.1 Key Market Trends & Opportunity Analysis
- 10.2.2 Market Size and Forecast, by Region
- 10.3 Ion Semiconductor Sequencing
- 10.3.1 Key Market Trends & Opportunity Analysis
- 10.3.2 Market Size and Forecast, by Region
- 10.4 Single-molecule Real-time Sequencing
- 10.4.1 Key Market Trends & Opportunity Analysis
- 10.4.2 Market Size and Forecast, by Region
- 10.5 Nanopore Sequencing
- 10.5.1 Key Market Trends & Opportunity Analysis
- 10.5.2 Market Size and Forecast, by Region
- 10.6 Others
- 10.6.1 Key Market Trends & Opportunity Analysis
- 10.6.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Application
- Chapter 11
- Sections: 11.1 Market Overview
- 11.2 Clinical Diagnostics
- 11.2.1 Key Market Trends & Opportunity Analysis
- 11.2.2 Market Size and Forecast, by Region
- 11.3 Drug Discovery and Development
- 11.3.1 Key Market Trends & Opportunity Analysis
- 11.3.2 Market Size and Forecast, by Region
- 11.4 Agricultural Genomics
- 11.4.1 Key Market Trends & Opportunity Analysis
- 11.4.2 Market Size and Forecast, by Region
- 11.5 Biomarker Discovery
- 11.5.1 Key Market Trends & Opportunity Analysis
- 11.5.2 Market Size and Forecast, by Region
- 11.6 Others
- 11.6.1 Key Market Trends & Opportunity Analysis
- 11.6.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by End User
- Chapter 12
- Sections: 12.1 Market Overview
- 12.2 Academic Research Institutions
- 12.2.1 Key Market Trends & Opportunity Analysis
- 12.2.2 Market Size and Forecast, by Region
- 12.3 Pharmaceutical and Biotechnology Companies
- 12.3.1 Key Market Trends & Opportunity Analysis
- 12.3.2 Market Size and Forecast, by Region
- 12.4 Hospitals and Clinics
- 12.4.1 Key Market Trends & Opportunity Analysis
- 12.4.2 Market Size and Forecast, by Region
- 12.5 Contract Research Organizations
- 12.5.1 Key Market Trends & Opportunity Analysis
- 12.5.2 Market Size and Forecast, by Region
- 12.6 Others
- 12.6.1 Key Market Trends & Opportunity Analysis
- 12.6.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Component
- Chapter 13
- Sections: 13.1 Market Overview
- 13.2 Hardware
- 13.2.1 Key Market Trends & Opportunity Analysis
- 13.2.2 Market Size and Forecast, by Region
- 13.3 Software
- 13.3.1 Key Market Trends & Opportunity Analysis
- 13.3.2 Market Size and Forecast, by Region
- 13.4 Services
- 13.4.1 Key Market Trends & Opportunity Analysis
- 13.4.2 Market Size and Forecast, by Region
- 13.5 Others
- 13.5.1 Key Market Trends & Opportunity Analysis
- 13.5.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Functionality
- Chapter 14
- Sections: 14.1 Market Overview
- 14.2 Gene Expression Profiling
- 14.2.1 Key Market Trends & Opportunity Analysis
- 14.2.2 Market Size and Forecast, by Region
- 14.3 De Novo Transcriptome Assembly
- 14.3.1 Key Market Trends & Opportunity Analysis
- 14.3.2 Market Size and Forecast, by Region
- 14.4 Epigenetics
- 14.4.1 Key Market Trends & Opportunity Analysis
- 14.4.2 Market Size and Forecast, by Region
- 14.5 Others
- 14.5.1 Key Market Trends & Opportunity Analysis
- 14.5.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Deployment
- Chapter 15
- Sections: 15.1 Market Overview
- 15.2 On-premise
- 15.2.1 Key Market Trends & Opportunity Analysis
- 15.2.2 Market Size and Forecast, by Region
- 15.3 Cloud-based
- 15.3.1 Key Market Trends & Opportunity Analysis
- 15.3.2 Market Size and Forecast, by Region
- 15.4 Others
- 15.4.1 Key Market Trends & Opportunity Analysis
- 15.4.2 Market Size and Forecast, by Region
- NGS-Based RNA-Sequencing Market, by Stage
- Chapter 16
- Sections: 16.1 Market Overview
- 16.2 Research
- 16.2.1 Key Market Trends & Opportunity Analysis
- 16.2.2 Market Size and Forecast, by Region
- 16.3 Clinical
- 16.3.1 Key Market Trends & Opportunity Analysis
- 16.3.2 Market Size and Forecast, by Region
- 16.4 Others
- 16.4.1 Key Market Trends & Opportunity Analysis
- 16.4.2 Market Size and Forecast, by Region
Pricing
Currency Rates
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