NGS-Based RNA-Sequencing Market Trends, Top Companies, Share, Growth And Forecast To 2031 | Illumina, Oxford Nanopore, BGI, PerkinElmer Inc, QIAGEN

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The global NGS-based RNA-sequencing market report by the business research company identifies the growth in precision medicine is driving to be a major growth driver for the NGS-based RNA-sequencing market. Precision medicine aids doctors in designing individualized treatment plans and making treatment decisions based on a genetic understanding of the patient's disease. There is a growth in precision medicines for treating severe diseases such as cancer. The NGS-based RNA sequencing helps identify the root cause of disease and prescribe specific precision medicine for treatment. For instance, in September 2021, the Swedish Government invested $21.15 million (SEK 220 million) in the Swedish national infrastructure Genomic Medicine Sweden (GMS), to make it easier to keep integrating precision medicine into Swedish healthcare, ensuring that every person there has to access to more accurate tests and individualized care. Such investments are taking place due to a rise in demand for precision medicines. As the demand for precision medicines increases, the demand for NGS-based RNA sequencing will also increase.

The global NGS-based RNA sequencing market is expected to grow from $1.82 billion in 2021 to $2.21 billion in 2022 at a compound annual growth rate (CAGR) of 21.57%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The NGS-based RNA sequencing market is expected to grow to $5.04 billion in 2026 at a compound annual growth rate (CAGR) of 22.91%.

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North America was the largest region in the NGS-based RNA sequencing market in 2021. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in NGS-based RNA sequencing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the ngs-based rna-sequencing market are Illumina, Thermo Fischer Scientific, Oxford Nanopore, Agilent Technologies Inc, BGI, PerkinElmer Inc, QIAGEN, Eurofins Scientific, F Hoffmann-La Roche Ltd, Takara Bio Inc, GENEWIZ Inc, Hamilton Company, Macrogen, and Bio-Rad Laboratories Inc.

The global NGS-based RNA-sequencing market is segmented -
1) By Product And Service: Sample Preparation Products, Sequencing Platforms and Consumables, Sequencing Services, Data Analysis, Storage, and Management

2) By Technology: Sequencing by Synthesis, Ion Semiconductor Sequencing, Single-molecule Real-time Sequencing, Nanopore Sequencing

3) By Application: Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly, Variant Calling and Transcriptome Epigenetics

4) By End User: Research & Academia, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Other End Users

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The NGS-based RNA-sequencing Market Report Contents Include
1. Executive Summary
2. NGS-Based RNA-Sequencing Market Characteristics
3. NGS-Based RNA-Sequencing Market Trends And Strategies
4. NGS-Based RNA-Sequencing Market - Macro Economic Scenario
5. NGS-Based RNA-Sequencing Market Size And Growth
....
26. Africa NGS-Based RNA-Sequencing Market
27. NGS-Based RNA-Sequencing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The NGS-Based RNA-Sequencing Market
29. NGS-Based RNA-Sequencing Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the NGS-based RNA-sequencing market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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