Press release
Targeted DNA RNA Sequencing Market Size In 2024 - 2033 : Trends, Top Companies
The Targeted DNA RNA Sequencing Market is expected to grow from an estimated USD 11.3 billion in 2024 to USD 59.2 billion in 2033, at a CAGR of 20.20%.Government-sponsored initiatives and organisational programs are critical factors driving the Targeted DNA and RNA Sequencing Market. Agencies such as the National Institutes of Health (NIH) and the National Institute of Environmental Health Sciences (NIEHS) have helped cultivate research and innovation.The latest Targeted DNA RNA Sequencing Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2024 - 2033.The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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Market Drivers and Growth Factors
A primary driver of this market expansion is the rising incidence of genetic diseases and cancers, which necessitate precise diagnostic tools for effective treatment. Targeted DNA/RNA sequencing allows for the analysis of specific genomic regions, enabling clinicians to identify mutations and variations associated with various diseases . Additionally, the growing adoption of next-generation sequencing (NGS) technologies has significantly reduced sequencing costs and improved throughput, making these services more accessible to healthcare providers and researchers .
Restraints in the Market
Despite the positive outlook, the market faces certain challenges. High initial investment costs associated with advanced sequencing platforms can be a barrier to adoption, particularly in low-resource settings. Moreover, the complexity of genomic data requires specialized bioinformatics tools and skilled personnel for accurate analysis, which may not be readily available in all regions
Major Companies and Competitive Landscape:
Illumina, F. Hoffman-La Roche, QIAGEN, Thermo Fisher Scientific, Bio-Rad Laboratories, Oxford Nanopore Technologies, PierianDx, Perkin Elmer
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The report provides a thorough estimation of the overall impact of the pandemic on the Targeted DNA RNA Sequencing Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Targeted DNA RNA Sequencing Market
Future Growth Opportunities
Looking ahead, the targeted DNA/RNA sequencing market is poised for continued expansion. The increasing emphasis on personalized medicine, coupled with ongoing research and development activities, is expected to drive demand for targeted sequencing services. Emerging applications in areas such as infectious disease monitoring, pharmacogenomics, and prenatal diagnostics present new opportunities for market growth .
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Targeted DNA RNA Sequencing Market , as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Targeted DNA RNA Sequencing Market with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
Targeted DNA RNA Sequencing Market Segmentation Analysis
By Product Outlook (Revenue, USD Billion; 2020-2033)
NGS
Method
Exome Sequencing
Enrichment Sequencing
Amplicon Sequencing
Others
Application
Cancer Gene Sequencing
Inherited Disease Screening
Drug Development
Forensic Genomics
16S ribosomal RNA (rRNA) sequencing
Others
By Workflow Outlook (Revenue, USD Billion; 2020-2033)
Pre-sequencing
Sequencing
Data Analysis
By Application Outlook (Revenue, USD Billion; 2020-2033)
Human Biomedical Research
Plant & Animal Sciences
Drug Discovery
Others
By Type Outlook (Revenue, USD Billion; 2020-2033)
DNA Based Targeted Sequencing
RNA Based Targeted Sequencing
By End-use Outlook (Revenue, USD Billion; 2020-2033)
Academic Research
Hospitals & Clinics
Pharma & Biotech Entities
Others
By Regional Outlook (Revenue, USD Billion; 2020-2033)
North America
United States
Canada
Mexico
Europe
Germany
France
United Kingdom
Italy
Spain
Benelux
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of MEA
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Table of Contents:
Chapter 1 includes an introduction of the global Targeted DNA RNA Sequencing Market , along with a comprehensive market overview, market scope, product offerings, and an investigation of the market drivers, growth opportunities, risks, restraints, and other vital factors.
Chapter 2 offers an in-depth analysis of the key manufacturers engaged in this business vertical, along with their sales and revenue estimations.
Chapter 3 elaborates on the highly competitive terrain of the market, highlighting the key manufacturers and vendors.
In Chapter 4, our team has fragmented the market on the basis of regions, underscoring the sales, revenue, and market share of each region over the forecast timeline.
Chapters 5 and 6 have laid emphasis on the market segmentation based on product type and application
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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