Press release
Rising Demand For Personalized Medicine Drives Rna Analysis Market Growth: A Key Driver Powering RNA Analysis/ Transcriptomics Market Growth In 2025
RNA Analysis/ Transcriptomics Market Share
What Is the Current RNA Analysis/ Transcriptomics Market Size and Its Estimated Growth Rate?
In recent years, there has been swift growth in the market size for RNA analysis/ transcriptomics. The projections indicate a rise from $7.72 billion in 2024 to $8.8 billion in 2025, corresponding to a compound annual growth rate (CAGR) of 14.1%. Factors leading to the growth in the past include: cancer research and precision medicine, drug discovery and development, diagnostics of infectious diseases, personalized medicine, academic and government funding, and expanding uses in the agriculture sector.
The market size for RNA analysis or transcriptomics is projected to experience substantial growth in the forthcoming years. By 2029, it is anticipated to reach a value of $16.54 billion, with a compound annual growth rate (CAGR) of 17.1%. This surge over the forecast period is due to factors such as applications of single-cell RNA sequencing, the incorporation of RNA analysis in clinical diagnostics, RNA-based therapies and vaccines, bioinformatics and data analysis tools, and the discovery and validation of biomarkers. The primary trends over this forecast period comprise of spatial transcriptomics and in situ RNA analysis, long-read RNA sequencing technologies, RNA editing and modification analysis, the use of artificial intelligence in RNA data analysis, RNA treatments for uncommon diseases, and RNA-based liquid biopsy for detecting cancer.
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How Are Emerging Segments Shaping the RNA Analysis/ Transcriptomics Market Landscape?
The RNA analysis/ transcriptomics market covered in this report is segmented -
1) By Product: Reagents/Consumables, Instruments, Software
2) By Technology, Microarrays, Sequencing, Polymerase Chain Reaction RNA Interference
3) By Application: Clinical Diagnostics, Drug Discovery, Toxicogenomics, Comparative Transcriptomics, RNA Interference
Subsegments:
1) By Reagents/Consumables: Nucleotides, Enzymes, Buffers and Solutions, Sample Preparation Kits, Sequencing Kits
2) By Instruments: Sequencers, Real-Time PCR Machines, Microarrays, Electrophoresis Systems, Robotic Liquid Handlers
3) By Software: Data Analysis Software, Bioinformatics Tools, Statistical Analysis Software, Visualization Software, Database Management Systems
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Which Growth Factors Are Influencing RNA Analysis/ Transcriptomics Market Expansion?
The escalating need for individually tailored medicine is anticipated to fuel the expansion of the RNA analysis/ transcriptomics market in the forthcoming years. Personalized medicine tailors healthcare to each patient's unique attributes. Assuming researchers can establish the requisite techniques and methods for custom clinical care, RNA-Seq is ideally suited to manage the enormous clinical demands. For instance, as per the data from October 2022 provided by the American organization, Personalized Medicine Coalition (PMC), which encourages the comprehension and usage of personalized medicine, over 75,000 genetic testing products and 300 personalized drugs for various cancers, genetic rare diseases, and a series of chronic and infectious ailments will be available in the market. Consequently, the rising demand for personalized drugs spurs the development of the RNA analysis market.
Who Are the Dominant Players Across Different RNA Analysis/ Transcriptomics Market Segments?
Major companies operating in the RNA analysis/ transcriptomics market include Affymetrix Inc., Agilent Technologies Inc., Bio-Rad Laboratories Inc., GE Healthcare, Illumina Inc., QIAGEN N.V., F. Hoffmann-La Roche Ltd., Sigma-Aldrich Corporation, Thermo Fisher Scientific Inc., Fluidigm Corporation, Promega Corporation, bioMérieux S.A., CD Genomics Inc., Eurofins Scientific SE, Merck KGaA, Pacific Biosciences of California Inc., Danaher Corporation, Genewiz Inc., Oxford Nanopore Technologies Ltd., BGI Group, Genotypic Technology Pvt. Ltd., MedGenome Labs Pvt. Ltd., Xcelris Labs Ltd., Ocimum Biosolutions Ltd., Strand Life Sciences Pvt. Ltd., SciGenom Labs Pvt. Ltd., Oncocyte Corporation, Tempus Labs Inc., ArcherDX Inc., HTG Molecular Diagnostics Inc.
What Are the Latest Developing Trends in the RNA Analysis/ Transcriptomics Market?
The rise of technological progress and novel developments in RNA analysis are a burgeoning trend in the RNA analysis/transcriptomics market. Techniques like next-generation sequencing (NGS) and RNA interference (RNAi) have enhanced precision and accuracy, aiding researchers in examining transcriptional activity. An example of this is the next-generation sequencing created by Illumina, which effectively fragments DNA/RNA into numerous pieces, attaches adapters, sequences the libraries, and reconstructs them to generate a genomic sequence.
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Which Geographic Regions Are Expected to Dominate the RNA Analysis/ Transcriptomics Market in the Coming Years?
North America was the largest region in the RNA analysis/transcriptomics market in 2024. This region is expected to be the fastest-growing region in the forecast period. The regions covered in the RNA analysis/ transcriptomics market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the RNA Analysis/ Transcriptomics Market?
2. What is the CAGR expected in the RNA Analysis/ Transcriptomics Market?
3. What Are the Key Innovations Transforming the RNA Analysis/ Transcriptomics Industry?
4. Which Region Is Leading the RNA Analysis/ Transcriptomics Market?
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