NGS-based RNA-sequencing Market: Competitive Analysis, Market Trends and Forecast to 2031

The "NGS-based RNA-sequencing market" report analyzes important operational and performance data so one may compare them to their own business, the businesses of their clients, or the companies of their rivals. And this report consists of 170 pages. The NGS-based RNA-sequencing market is expected to grow annually by 10.5% (CAGR 2024 - 2031).

NGS-based RNA-sequencing Market Overview and Report Coverage

NGS-based RNA-sequencing is revolutionizing the way we analyze gene expression patterns and identify novel RNA transcripts. This advanced technology offers high-throughput sequencing of RNA molecules, providing valuable insights into gene regulation, alternative splicing, and non-coding RNA dynamics. The global market for NGS-based RNA-sequencing is experiencing exponential growth, driven by increasing demand for personalized medicine, biomarker discovery, and drug development applications. The market research indicates a steady rise in adoption across academic research institutions, pharmaceutical companies, and diagnostic laboratories, with a projected CAGR of over 10% in the coming years. NGS-based RNA-sequencing is poised to become a cornerstone in genomics research and precision medicine initiatives.

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Market Segmentation 2024 - 2031:

In terms of Product Type: Sequencing by Synthesis,Ion Semiconductor Sequencing,Single-molecule Real-time Sequencing,Nanopore Sequencing, the NGS-based RNA-sequencing market is segmented into:

• Sequencing by Synthesis
• Ion Semiconductor Sequencing
• Single-molecule Real-time Sequencing
• Nanopore Sequencing

In terms of Product Application: Research & Academia,Hospitals & Clinics,Pharmaceutical & Biotechnology Companies,Others, the NGS-based RNA-sequencing market is segmented into:

• Research & Academia
• Hospitals & Clinics
• Pharmaceutical & Biotechnology Companies
• Others

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The available NGS-based RNA-sequencing Market Players are listed by region as follows:

North America:

• United States


• Canada

Europe:

• Germany


• France


• U.K.


• Italy


• Russia

Asia-Pacific:

• China


• Japan


• South Korea


• India


• Australia


• China Taiwan


• Indonesia


• Thailand


• Malaysia

Latin America:

• Mexico


• Brazil


• Argentina Korea


• Colombia

Middle East & Africa:

• Turkey


• Saudi


• Arabia


• UAE


• Korea

The NGS-based RNA-sequencing market is experiencing robust growth in various regions across the globe. In North America, the United States and Canada are leading the market with increasing investments in research and development. In Europe, countries like Germany, France, ., Italy, and Russia are witnessing substantial growth in adoption of NGS-based RNA-sequencing technologies. In the Asia-Pacific region, China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are emerging as key markets for NGS-based RNA-sequencing. Additionally, Latin America (Mexico, Brazil, Argentina, Colombia) and the Middle East & Africa (Turkey, Saudi Arabia, UAE, Korea) are also showing significant growth potential. Overall, North America and Europe are expected to dominate the market due to strong research infrastructure and increasing focus on precision medicine initiatives.

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Leading NGS-based RNA-sequencing Industry Participants

NGS-based RNA-sequencing involves high-throughput sequencing of RNA molecules to analyze gene expression. Market leaders in this field include Illumina, Thermo Fisher Scientific, and Oxford Nanopore, known for their reliable and innovative sequencing technologies. New entrants like BGI, PerkinElmer, QIAGEN, Eurofins Scientific, Roche, Takara Bio, GENEWIZ, Hamilton, Macrogen, Zymo Research, and Tecan Genomics are also making significant contributions to the market by offering cutting-edge sequencing solutions.

These companies can help grow the NGS-based RNA-sequencing market by continuously improving sequencing technologies, increasing sequencing speed and accuracy, and expanding applications of RNA-sequencing in research and clinical diagnostics. Additionally, collaborations with academic institutions, healthcare providers, and pharmaceutical companies can further drive the adoption of NGS-based RNA-sequencing and foster innovation in the field.

• Illumina
• Thermo Fischer Scientific
• Oxford Nanopore
• Agilent Technologies
• BGI
• PerkinElmer
• QIAGEN
• Eurofins Scientific
• Roche
• Takara Bio
• GENEWIZ
• Hamilton
• Macrogen
• Zymo Research
• Tecan Genomics

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Market Trends Impacting the NGS-based RNA-sequencing Market

- Single-cell RNA sequencing: Providing high-resolution insights into individual cells.

- Long-read RNA sequencing: Enabling the identification of novel transcripts and isoforms.

- Integration of multi-omics data: Integrating RNA sequencing with other omics data for comprehensive analysis.

- Growing demand for personalized medicine: Driving the need for precise RNA sequencing for treatment decisions.

- Increasing focus on biomarker discovery: Fueling research in identifying biomarkers for disease diagnosis and prognosis.

The NGS-based RNA-sequencing market is expected to grow significantly as these trends continue to shape the industry and drive innovation in RNA sequencing technology.

NGS-based RNA-sequencing Market Dynamics ( Drivers, Restraints, Opportunity, Challenges)

The growing demand for personalized medicine and increasing focus on understanding disease mechanisms are driving the NGS-based RNA-sequencing market. However, high costs associated with NGS technology and data analysis pose restraints to market growth. The expanding applications of RNA-sequencing in oncology, infectious diseases, and agriculture present significant opportunities for market players. Moreover, challenges such as data storage and interpretation, standardization of protocols, and lack of skilled professionals can hinder market growth. Overall, advancements in technology and increased research and development activities are expected to drive the growth of the NGS-based RNA-sequencing market.

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