NGS Based RNA Sequencing Market to Witness Lucrative Growth Opportunities Owing to the Growing Demand for Advanced Gene Expression Analysis Over the Decade
Genome sequencing is being used to examine the spread of Covid-19, and it can help scientists further understand the implications of therapies and potential treatments. Big pharma and biotech players are also fully equipped to use the sequencing combat the pandemic. For example, Illumina the global leader in this market has supported the monitoring and transmission of virus through its technology implementation. Major market players are partnering with other businesses to expand the use of their platforms for testing and diagnostics. Some of the top companies are working towards creating NGS-powered solutions to diagnose cancers. The combination of next-generation sequencing (NGS) and bioinformatics tools has the ability to transform oncology discovery, diagnosis, and treatment. Advances in NGS technology will potentially result in progress in cancer research.
North America Currently Dominates the NGS Based RNA Sequencing Market
Based on regions, the NGS Based RNA-Sequencing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. According to the key player analysis, North America NGS Based RNA-Sequencing accounted for majority of the market share and is projected to witness significant growth over the forecast period from 2021 to 2031. The key factors driving the growth of the market in this region include presence of top life science players, technological in this region, advancement in the field of genomics, and increase in cancer prevalence. This is where your focus should be! To capture large in this market.
How do prominent players strengthen their position throughout the world?
Our newly updated report will help you explore the technologies and companies which hold greatest potential in this market. The report shows you potential revenues up to 2031, evaluate information, trends, opportunities and business outlooks. Gain a deep understanding of the competitive landscape with companies examined in this report in addition to their product portfolio, SWOT, latest research activities, the prioritized areas of investments, key strategies and initiatives. See where your expected gains will be.
Discover how to stay ahead
Our 330+ page report provides 241 tables and 227 charts/graphs. Read on to discover the most lucrative areas in the industry and the future market prospects. Our new study lets you assess forecasted sales at overall world market and regional level. See financial results, trends, opportunities, and revenue predictions. Much opportunity remains in this growing NGS Based RNA Sequencing Market. See how to exploit the opportunities.
Unique Covid-19 Impact Recovery Scenarios – This report analyses 4 different rebound scenarios of how the market will develop – no matter how COVID-19 affects the economy. By gaining access to these unique COVID-19 variations, you will be ready.
Which Factors are Driving NGS Based RNA Sequencing Market Growth?
- Increasing prevalence of cancer
- Government funding initiatives or life science projects
- Technological advancements in genomic-based bioinformatics tool
Which Factors are Restraining Growth?
- High cost associated with sequencing platforms establishment
- Low quality of outsourcing services
- Legal and ethical restrictions
What are the Market Opportunities?
- Immense opportunities to flourish in developing countries.
- Current advancements in the RNA sequencing workflow
- Growing focus in the genomic research and analysis
Forecasts to 2031 and other analyses reveal the commercial prospects
- In addition to revenue forecasting to 2031, our new study provides you with recent results, growth rates, and market shares.
- You find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, and challenges), SWOT Analysis, Porter’s Analysis, product profiles and commercial developments.
NGS Based RNA Sequencing Market Segmentation
- Sequencing Platforms
- Sequencing Products
- Kits & Reagent
- Ion Semiconductor Sequencing
- Pyro Sequencing
- Synthesis Sequencing
- Real Time Sequencing
- Ligation Sequencing
- Reversible Dye Termination Sequencing
- Nano-Pore Sequencing
- Hospital laboratories
- Clinical Research Organizations
In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for 5 regional and 18 leading national markets:
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
- Rest of MEA