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Emerging Horizons in RNA Analysis/Transcriptomics Market: Anticipated Surge to Reach $11.33 Billion by 2027 with a Sturdy CAGR of 13.8% || Affymetrix Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., GE Healthcare
RNA Analysis/ Transcriptomics
The Business Research Company's RNA Analysis Transcriptomics Global Market Report 2023 the increasing demand for personalized medicine is the major driver for the RNA analysis/ transcriptomics market's growth in the forecast period. Personalized medicine refers to the customizing of medical treatment to each patient's unique characteristics. If scientists can implement the necessary practices and processes for personalized clinical care, RNA-Seq will be well-positioned to handle the massive clinical workload. According to the Personalized Medicine Report 2020 published by the Personalized Medicine Coalition (PMC), the number of personalized medicines in the market more than doubled between 2016 and 2020 in the USA. Therefore, the growing demand for personalized medicines propels the growth of the RNA analysis market.
The global rna analysis/ transcriptomics market size grew from $5.96 billion in 2022 to $6.76 billion in 2023 at a compound annual growth rate (CAGR) of 13.4%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The rna analysis/ transcriptomics market size is expected to grow to $11.33 billion in 2027 at a CAGR of 13.8%.
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Major competitors in the RNA analysis/ transcriptomics market are Affymetrix Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., GE Healthcare, Illumina Inc., Qiagen N.V., F. Hoffmann-La Roche Ltd.
A key trend in the RNA analysis transcriptomics market includes technological advancements and innovations in RNA analysis. Technologies such as next-generation sequencing (NGS) and RNA interference (RNAi) improved precision and accuracy, which help researchers analyze the transcriptional activity. For instance, Next-generation sequencing developed by Illumina is successfully used in fragmenting DNA/RNA into multiple pieces, adding adapters, sequencing the libraries, and reassembling them to form a genomic sequence.
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The RNA analysis/ transcriptomics market is segmented -
• By Product: Reagents/Consumables, Instruments, Software
• By Technology, Microarrays, Sequencing, Polymerase Chain Reaction RNA Interference
• By Application: Clinical Diagnostics, Drug Discovery, Toxicogenomics, Comparative Transcriptomics, RNA Interference
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the RNA analysis/transcriptomics market.
The Business Research Company's "Global RNA Analysis Transcriptomics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The RNA Analysis Transcriptomics Market Include:
1. Executive Summary
2. RNA Analysis/ Transcriptomics Market Characteristics
3. RNA Analysis/ Transcriptomics Market Trends And Strategies
4. RNA Analysis/ Transcriptomics Market - Macro Economic Scenario
5. RNA Analysis/ Transcriptomics Market Size And Growth
……………
27. RNA Analysis/ Transcriptomics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The RNA Analysis/ Transcriptomics Market
29. RNA Analysis/ Transcriptomics Market Future Outlook And Potential Analysis
30. Appendix
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