Press release
NGS-Based RNA-Seq Market to Explore New Growth Opportunities by 2027 - Strategic Insights by Key Brands: Pacific Biosciences of California, Qaigen, F. Hoffmann-La Roche, Agilent Technologies, BGI, Oxford Nanopore Technologies, Perkinelmer
The Insight Partners adds "NGS-Based RNA-Seq Market to 2027" to its database. According to a new market research study titled ‘NGS- Based RNA- Seq Market to 2027 - Global Analysis and Forecasts by Product & Services, Technology, Application and End User, the global NGS- based RNA- seq market was valued at US$ 1,240.87 Mn in 2017 and is estimated to reach US$ 7,984.90 Mn by 2027. The market is estimated to grow with a CAGR of 19.3% from 2018- 2027.The report highlights the trends prevalent in the global NGS- based RNA- seq market and the factors driving the market along with those that act as deterrents to its growth.NGS-based RNA seg technique is used to determine exon/intron boundaries and verify or amend previously annotated and gene boundaries. The in situ sequencing of fixed tissue and single cell sequencing are the advantages of the NGS-based RNA-seq technique. Next-generation sequencing used in the biological applications that allows identification of novel transcripts, alternative splicing events and post-transcriptional RNA editing evens. The method provides a better approach for gene expression profiling that include analysis of continuously changing cellular transcriptome.
The growth in the adoption of the next generation sequencing is rising, recently in few years, next generation sequencing price have reduced greatly. For instance, first whole human genome sequencing cost over US$ 3billion in 2001 and it took approximately 15 years for its completion. However, the costs for the same in recent years has reduces to US$1,000 and the process requires less number of days. The cost of sequencing was approximately US$ 3 billion, which dropped down to US$ 10 million in 2006 and as the development in the technologies as increased the prices of sequencing has decreased to US$ 5,000 in 2012. Major market players such as Illumina and Roche have introduced breakthrough technologies that have enabled in the cost and time reduction in the sequencing. Moreover, the increase in the service provider companies have entered the market and they are offering next generation sequencing in cheaper cost
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Advancements in sequencing technologies-
In recent years the advancements in the next generation sequencing such as paired-end (PE) sequencing has led to produce twice the number of the reads for the same time during the library preparation. The technique involves sequencing at both the ends of DNA fragments in library and aligning the forward and reverse reads as read pairs. The techniques has also enabled sequences aligned more accurate read alignment and the ability to detect indels, which is not possible with single read data. The most recent and liked technique by the researchers is paired-end approach.
In addition, the advancement in the field of molecular biology has equally enhanced the sequencing procedures. Many industry players have come up with innovative NGS technology in last few years. For instance, Pacific Biosciences with Sequel, and Oxford Nanopore with PromethION. Additionally, three advances NSG systems that dominate the market includes Roche GS FLX (454), Illumina HiSeq 2000 (Solexa) and AB SOLiD (Agencourt).
Global NGS- Based RNA- Seq Market - By Product & Services
-Sample Preparation
-Method
-Manual Method
-Automated Method
-Workflow Step
-Library Preparation & Target Enrichment
-Fragmentation, End Repair & Size Selection
-Quality Control
-Sequencing Services
-Sequencing Platform & Consumables
-Data Analysis, Storage & Management
Global NGS- Based RNA- Seq Market - By Technology
-Sequencing By Synthesis
-Nanopore Sequencing
-Ion Semiconductor Sequencing
-Single-Molecule Real-Time (SMRT) Sequencing
Global NGS- Based RNA- Seq Market - By Application
-Diagnostics
-Drug Discovery
-Precision Medicine
-Others
Global NGS-Based RNA-Seq Market - By End User
-Hospitals & Clinics
-Research Centers and Academic & Government Institutes
-Biotechnology & Pharmaceutical Companies
-Others
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TABLE OF CONTENTS
1. INTRODUCTION 29
1.1 SCOPE OF THE STUDY 29
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 29
2. GLOBAL NGS BASED RNA SEQ MARKET - KEY TAKEAWAYS 31
3. GLOBAL NGS BASED RNA SEQ MARKET - MARKET LANDSCAPE 34
3.1 OVERVIEW 34
3.1.1 Global NGS Based RNA Seq Market - By Product & Services 35
3.1.2 Global NGS Based RNA Seq Market - By Technology 36
3.1.3 Global NGS Based RNA Seq Market - By Application 36
3.1.4 Global NGS Based RNA Seq Market - By End User 36
3.1.5 Global NGS Based RNA Seq Market - By Geography 36
3.2 PEST ANALYSIS 37
3.2.1 North America PEST Analysis 37
3.2.2 Europe PEST Analysis 39
3.2.3 Asia Pacific PEST Analysis 41
3.2.4 Middle East & Africa PEST Analysis 43
3.2.5 South & Central America PEST Analysis 45
4. GLOBAL NGS BASED RNA SEQ MARKET - KEY MARKET DYNAMICS 47
4.1 KEY MARKET DRIVERS 47
4.1.1 Reduced Cost of Genome Sequencing 47
4.1.2 Advancements in Sequencing Technology 47
4.1.3 Next Generation Sequencing for Cancer 48
4.2 KEY MARKET RESTRAINTS 48
4.2.1 Risks Related to Genetic Data 48
4.2.2 High Cost of NGS Instruments 49
4.3 KEY MARKET OPPORTUNITIES 49
4.3.1 Application of NSG in Biomarker Discovery and Precision Medicine 49
4.3.2 Different Programs for RNA Sequencing 50
4.4 FUTURE TRENDS 50
4.4.1 Barcode Scanning for Long Reads Sequences 50
4.5 IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS 51
5. NGS BASED RNA SEQ MARKET - GLOBAL ANALYSIS 52
5.1 GLOBAL NGS BASED RNA SEQ MARKET REVENUE FORECASTS AND ANALYSIS 52
5.2 GLOBAL NGS BASED RNA SEQ MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 53
5.3 MARKET POSITIONING 54
5.4 PERFORMANCE OF KEY PLAYERS 54
5.4.1 Illumina, Inc. 54
5.4.2 Thermo Fisher Scientific Inc. 55
5.5 EXPERT OPINIONS 55
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About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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Phone : +1-646-491-9876
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