NGS Based RNA Sequencing Market Share Size Growth Analysis 2022-2029

The NGS Based RNA Sequencing Market is expected to grow at a CAGR of 19.7% during the forecast period 2022-2029. North America region has the highest market share in the NGS Based RNA Sequencing Market, and it is further continuing its dominance during the forecast period.

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Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also report contains a number of major companies profiled in the relevant market.

Market Drivers:

The increase in product approvals for RNA-sequencing platforms and consumables, advancements in data analysis and storage, automation of sample generation techniques, and increased genomic research in the fields of rare genetic diseases and autoimmune diseases are all contributing to the expansion of the global NGS based RNA Sequencing Market.

NGS-based RNA-sequencing offers a few benefits over the traditional techniques for transcriptome examination with financially savvy methodology. It is becoming the standard method for studying and enhancing mammalian cells because it enables direct quantification and identification of transcripts. Microarray-like non-ideal hybridization and cross-hybridization are also eradicated by NGS-based RNA sequencing. This method can quantify the extensive dynamic range of expression levels and provides absolute values with a higher degree of specificity. As an alternative to whole-genome transcriptome profiling, NGS-based RNA-sequencing is emerging because it enables the detection of novel transcripts. As a result, over the course of the investigation, the market for NGS-based RNA sequencing expanded as a result of all of these factors.

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Market Segmentation:

By Product & Services:
• Sequencing Platform and Consumables
• Sequencing Services

By Technology:
• Nano pore Sequencing
• Sequencing by Synthesis
• Ion Semiconductor Sequencing
• Single-Molecule Real-Time Sequencing

By Application:
• Drug Discovery
• Diagnostics
• Precision Medicine
• Others

By End-User:
• Biotechnology and Pharmaceutical Companies
• Research Centers
• Academic and Government Institutes
• Hospitals and Clinics
• Others

Geographical Classification:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Major Companies Listed:

Illumina, Inc., Oxford Nanopore Technologies, Agilent Technologies, Inc., Thermo Fisher Scientific Inc., PerkinElmer, Inc., F. Hoffmann-La Roche Ltd, Hamilton Company, and Takara Bio Inc. among others.

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We monitor and analyse the market by dissecting various market influencers, competitive intensity, innovations, trends, and emerging products. This aids us in providing a detailed scenario of the present and future of the market.

This release was published on openPR.