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Global NGS Based RNA Sequencing Market Outlook 2023-2032 - Estimated Market Size And Growth Rate | Illumina, Thermo Fischer Scientific, Oxford Nanopore, Agilent Technologies Inc., BGI
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's NGS Based RNA Sequencing Global Market Report 2023 identifies the growth in precision medicine as the major driver for the NGS Based RNA Sequencing market's growth in the forecast period. The NGS-based RNA sequencing helps identify the root cause of disease and prescribe specific precision medicine for treatment.
The global NGS-based rna-sequencing market size grew from $2.22 billion in 2022 to $2.74 billion in 2023 at a compound annual growth rate (CAGR) of 23.5%. 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 market size of the NGS-based rna-sequencing market is expected to grow to $6.3 billion in 2027 at a CAGR of 23.1%.
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Major competitors in the NGS Based RNA Sequencing market are Illumina, Thermo Fischer Scientific, Oxford Nanopore, Agilent Technologies Inc., BGI
A key trend in the NGS Based RNA Sequencing market includes Strategic Partnership. Companies are entering into a partnership with NGS-based RNA sequencing companies to expand in new markets and leverage each other's resources.
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The NGS Based RNA Sequencing market is segmented -
•By Product And Service: Sample Preparation Products, Sequencing Platforms and Consumables, Sequencing Services, Data Analysis, Storage, and Management
•By Technology: Sequencing by Synthesis, Ion Semiconductor Sequencing, Single-molecule Real-time Sequencing, Nanopore Sequencing
•By Application: Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly, Variant Calling and Transcriptome Epigenetics
•By End User: Research & Academia, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Other End Users
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the NGS Based RNA Sequencing market.
The Business Research Company's "Global NGS Based RNA Sequencing 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 NGS Based RNA Sequencing Market 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
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