A Deep Dive into RNA Sequencing Services Market 2025: Key Drivers, Growth Factors, and Projections 2025-2034

"What Are the Market Size and Growth Forecast for the RNA Sequencing Services Market?
The RNA sequencing services market has seen rapid growth in recent years. It will increase from $3.58 billion in 2024 to $4 billion in 2025, at a CAGR of 11.6%. The growth is driven by the growing demand for personalized medicine, advancements in bioinformatics tools, a heightened focus on drug discovery and development, increased adoption of RNA sequencing in agricultural research, and its expanding role in clinical diagnostics.

The RNA sequencing services market is forecasted to experience rapid growth, reaching $6.13 billion by 2029 at a CAGR of 11.3%. This growth is due to innovations in single-cell RNA sequencing, the use of AI and machine learning in data analysis, and the increasing importance of RNA biomarkers in immunotherapy research. Trends include long-read sequencing, cloud-based analysis platforms, RNA splicing analysis, and multi-omics integration.

What Is Contributing to the Growth of the RNA Sequencing Services Market?
The increasing demand for personalized medicine is significantly influencing the expansion of the RNA sequencing services market. Personalized medicine involves tailoring medical treatments to an individual's genetic profile or lifestyle to enhance efficacy and minimize adverse effects. The demand for personalized medicine is increasing due to its ability to provide targeted treatments, advancements in genomics, the rising complexity of diseases, and growing regulatory support. RNA sequencing services facilitate the identification of disease subtypes, biomarker discovery, therapeutic target identification, treatment response predictions, and disease progression monitoring. For example, in February 2024, the Personalized Medicine Coalition, a US-based non-profit organization, reported that the FDA approved 16 novel personalized therapies for rare diseases in 2023, up from six in 2022. These approvals included seven cancer treatments and three for other conditions. Thus, the growing demand for personalized medicine is driving the expansion of the RNA sequencing services market.

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Which Key Market Leaders Are Driving RNA Sequencing Services Industry Growth?
Major companies operating in the RNA sequencing services market are Thermo Fisher Scientific Inc., Feng Chi Biotech Corp., Illumina Inc., Qiagen NV, BGI Genomics Co. Ltd., Azenta Inc., Abcam Limited, Novogene Co. Ltd., Genewiz Inc., Diagenode LLC, CD Genomics, CeGaT GmbH, Lexogen GmbH, BaseClear BV, Active Motif Inc., Microsynth AG, RayBiotech Inc., Genomax Technologies Pte. Ltd., Phalanx Biotech Group Inc., Creative Biogene, SeqMatic LLC, Genohub Inc., Otogenetics, LC Sciences, Admera Health, Arraystar Inc., IGA Technology, Yaazh Xenomics

What Are the Emerging Trends in the RNA Sequencing Services Industry?
Leading companies in the RNA sequencing services market are incorporating automation, such as next-generation sequencing (NGS) assays, to enhance accuracy and reduce human error in data analysis. RNA-seq assays are vital in molecular biology for transcriptome analysis. For example, in June 2023, Tempus, a US-based precision medicine technology company, introduced Tempus xR, a standalone RNA-seq assay for solid tumors. This cutting-edge assay provides comprehensive transcriptomic analysis, detecting clinically significant fusions in over 100 targeted genes. Tempus now offers RNA and DNA sequencing separately or combined, catering to researchers, physicians, and biopharma companies seeking detailed RNA sequencing insights.

What Are the Main Segments in the RNA Sequencing Services Market?
The RNA sequencing services market covered in this report is segmented -

1) By Type: Ribosomal RNA (rRNA), Transfer RNA (tRNA), Long non-coding RNA (lncRNA)
2) By Sequencing Method: Next Generation Sequencing Methods, Other Sequencing Methods
3) By Application Area: Research Purposes, Diagnostic Purposes
4) By End Users: Academic And Government Institutes And Research Centers, Hospitals And Clinics, Pharmaceutical And Biotechnology Companies, Other End Users

Subsegments:
1) By Ribosomal RNA (rRNA): Total RRNA Sequencing, RRNA Depletion
2) By Transfer RNA (tRNA): TRNA Profiling, TRNA Sequencing
3) By Long Non-Coding RNA (lncRNA): lncRNA Profiling, lncRNA Sequencing

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Which Geographic Area Leads the RNA Sequencing Services Market?
North America was the largest region in the RNA sequencing services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the RNA sequencing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The RNA Sequencing Services Global Market Report?

- Market Size Analysis: Analyze the RNA Sequencing Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the RNA Sequencing Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall RNA Sequencing Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the RNA Sequencing Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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This release was published on openPR.