The global demand for RNA Sequencing Services Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
RNA sequencing services are technological solutions used to examine the quantity and sequences of RNA in a biological sample by analyzing the continuously changing cellular transcriptome using next-generation sequencing (NGS). This technology helps scientists to deeply understand the biology of a cell and assess changes that may indicate the cause of any specific disease. Some of the most popular services offered here are transcriptional profiling, SNP identification, RNA editing, and differential gene expression analysis. RNA sequencing is superior to other technologies because of its broader range, accurate measurement of gene expression, quantifiable data, low background signal, no reference sequencing, or prior knowledge needed for data analysis.
Market Dynamics
The rising need for a high-throughput sequencing method that is far superior to existing technologies in mapping and quantifying transcriptomes is the primary driver of this market. RNA-Seq becoming the most preferred choice for researchers studying the transcriptome across a broad range of biological disciplines like development, neurology, oncology, autoimmune disease, and infectious disease for effective prevention, diagnostics, and therapy will benefit market growth. High investments in research activities involving RNA Seq and rapid growth in precision medicine will boost the market growth. The growing adoption of this technology in agricultural research will be a market booster. This market's main hindrances are the lack of skilled professionals for data analysis and sequencing data storage challenges.
The research 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 an inclusive assessment of each segment in the global market of rna sequencing services. The growth and trends of rna sequencing services industry provide a holistic approach to this study.
Market Segmentation
This section of the rna sequencing services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Services
- Sample Requirements and Preparation
- Sequencing (Poly(A) RNA-Seq Sequencing Services, Total RNA-Seq Sequencing Services, MicroRNA Discovery Sequencing Services, And lncRNA Sequencing Services)
- Bioinformatics Analysis
- Others
By Applications
- For Medical Research (Pathological Mechanism, Tumor-subtypes Classification, Molecular Markers, Human Evolution, Drug Target, Clinical Diagnostics, Personal Health Care)
- For Agricultural Research (Development, Adaptability, Agronomic Traits, Crop Evolution)
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the RNA Sequencing Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global RNA Sequencing Services 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 rna sequencing services market include Nucleome Informatics, Genewiz, Novogene, Illumina, LC Science, Thermo Fisher Scientific, Roche, Qiagen, BGI, Agilent. This section consists of 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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