The global demand for Next generation RNA sequencing Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Next-generation sequencing is a revolutionary DNA sequencing technique called massively parallel sequencing in which millions of nucleotide sequences are decoded simultaneously. Using next-generation sequencing, the entire human genome can be sequenced in a single day. Next-generation RNA-sequencing is a method to detect the sequence and quantity of RNA (Ribonucleic acid) in a test sample using a next-generation sequencing technique.
It is a useful technique in cancer diagnosis, targeted therapy, and capturing cancer information. Next-generation RNA sequencing also helps in understanding gene expressions, the cell's biology, and changes in cells, indicating the possibility of disease. It aids in precision medicines, which are based on a genetic understanding of the disease.
Market Dynamics
Growing genomic research activities mainly drive the global Next-generation RNA sequencing market, increasing trend for precision medicines based on genetic structure, and increasing application of RNA sequencing in cancer and reproductive health. Rising applications of RNA sequencing in agricultural research is also supporting the market. Furthermore, factors such as growing investments in RNA sequencing research by government and non-government sectors and the advantages of RNA sequencing over conventional techniques boost the market. The COVID-19 pandemic is likely to support the market as the entire global focus is on healthcare and the rapid diagnosis.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of next generation rna sequencing.
Market Segmentation
The entire Next generation RNA sequencing market has been sub-categorized into product & service, technology, application, end user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product & Service
- Sample Preparation Products
- Sequencing Platforms & Consumables
- Sequencing Services
- Data Analysis, Storage, & Management
By Technology
- Sequencing by Synthesis
- Ion Semiconductor Sequencing
- Single-molecule Real-time Sequencing
- Nanopore Sequencing
By Application
- Expression Profiling Analysis
- Small RNA Sequencing
- De Novo Transcriptome Assembly
- Variant Calling & Transcriptome Epigenetics
By End User
- Research & Academia
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Other End Users
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for next generation rna sequencing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Next generation RNA sequencing Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the next generation rna sequencing market include Illumina (US), Thermo Fischer Scientific (US) and Oxford Nanopore (UK), Agilent Technologies, Inc. (US), BGI (China), PerkinElmer Inc. (US), QIAGEN (Germany), Eurofins Scientific (Luxembourg), F. Hoffmann-La Roche Ltd (Switzerland), Takara Bio Inc. (Japan), GENEWIZ, Inc. (US), Hamilton Company (US), Macrogen (South Korea), Zymo Research (US), and Tecan Genomics, Inc. (Switzerland). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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