NGS-based RNA Sequencing Market, Valuation To Reach USD 21.3 Billion By 2031 At 22.5% CAGR | Report By GIS

The Next-Generation Sequencing (NGS)-based RNA sequencing market encompasses a transformative segment within genomics, offering advanced methodologies to analyze and understand gene expression patterns, splice variants, and RNA modifications. This market has experienced significant growth owing to the increasing demand for high-throughput RNA sequencing technologies in various research domains, including molecular biology, clinical diagnostics, and drug discovery. NGS-based RNA sequencing enables comprehensive analysis of transcriptomes, allowing researchers to uncover intricate details about gene regulation, RNA splicing, and identifying novel transcripts and non-coding RNAs.

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Technological advancements in sequencing platforms, bioinformatics tools, and library preparation kits have improved sequencing accuracy, reduced costs, and facilitated the analysis of complex transcriptomic data. Moreover, the expanding applications of RNA sequencing in studying diseases, precision medicine, and biomarker discovery drive the continual evolution and adoption of NGS-based RNA sequencing technologies, providing insights into the intricacies of gene expression and RNA biology that are fundamental to advancing various scientific and clinical endeavors.

Key Trends

A prominent trend shaping the NGS-based RNA sequencing market is the convergence of RNA sequencing with single-cell analysis techniques. This trend involves the integration of high-throughput RNA sequencing with single-cell resolution, allowing researchers to explore gene expression profiles at a cellular level. Advancements in microfluidics, sample preparation methodologies, and bioinformatics tools enable the profiling of individual cells' transcriptomes, offering insights into cellular heterogeneity, developmental biology, and disease mechanisms.

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Key Drivers

An essential driver propelling the NGS-based RNA sequencing market is the escalating demand for high-throughput, cost-effective, and precise methods to analyze gene expression patterns and RNA biology. The widespread adoption of RNA sequencing technologies is driven by their capability to provide comprehensive insights into transcriptomes, uncovering crucial information about gene regulation, alternative splicing, and RNA modifications. Additionally, the increasing focus on precision medicine, biomarker discovery, and understanding complex diseases like cancer drives the need for sophisticated RNA sequencing approaches that can analyze vast amounts of RNA data with accuracy and efficiency.

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Market Segmentation : NGS-based RNA Sequencing Market

NGS-based RNA Sequencing Market By Product & Services : Sample Preparation, Platforms & Consumables, Services, Data Analysis

NGS-based RNA Sequencing Market By Technology : Single-Molecule Real-Time Sequencing, Ion Semiconductor Sequencing, Sequencing By Synthesis, Nanopore Sequencing

NGS-based RNA Sequencing Market By Application : De novo, Epigenetics, Small RNA

NGS-based RNA Sequencing Market By Region : North America : US, Canada, Mexico, Europe : The UK, Germany, France, Italy, Spain, Netherlands, Switzerland, Asia-Pacific : China, India, Japan, South Korea, Australia, Singapore, Indonesia, Rest of Asia-Pacific, Rest of the World : Latin America, Middle East, Africa

Key Players :

Agilent Technologies Inc.
Illumina inc.
BGI Group
Eurofins Scientific SE
Genewiz, Inc.
F. Hoffman- La Roche AG
Thermo Fisher Scientific Inc.
Zymo Research Corporation
Psomagen Inc.
Hamilton Company, Qiagen N.V.
Furuno Electric Co. Ltd.

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