Huge Investment in Research and Development to Boost Growth of Global Transcriptomics Technologies Market

The report on the global transcriptomics technologies market bundles all factors that have influenced this market over the past few years and utilizes clear and effective processes and methodologies to ascertain the future of the global transcriptomics technologies market. The report states that the global transcriptomics technologies market is expected to expand handsomely over the next few years.

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The global transcriptomics technologies market is divided in terms of technology, applications, and geography. The report then quantifies the leading segments according to each criterion in order to simplify the evaluation process of the global transcriptomics technologies market. This involves defining all market drivers and restraints that propel and hinder the global transcriptomics technologies market, respectively.

The key driving factor of the global transcriptomics technologies market is the growing requirement for all products in the market for personalized healthcare and comparison diagnostics. Other driving factors for the global transcriptomics technologies market include the availability of sufficient gear in laboratories as well as healthcare organizations, along with an increasing awareness of the benefits that transcriptomics technologies can bring to the healthcare sector.

The report explains key aspects that could affect the global transcriptomics technologies market in the coming few years.

The report utilizes proven research methods such as SWOT analysis and Porter’s five forces analysis to update the report’s user with the global transcriptomics technologies market’s determinant macro and micro factors as well as the value chain.

The global transcriptomics technologies market is exhibiting a 15.90% CAGR from 2013 to 2019. The market was valued at US$1.65 bn in 2012. The consistent growth pattern of the market will lead to a value of US$4.6 bn for the global transcriptomics technologies market by the end of 2019.

The key segments of the global transcriptomics technologies market according to technology are gene regulation technologies, microarrays, PCR, and NGS. Transcriptomics technologies find major use in gene expression patterns and drug discovery. Transcriptomics technologies are also applied in the clinical diagnosis of central nervous system disorders, cardiovascular disorders, and cancers. Transcriptome analysis tools offer accurate insights into gene sequence identification, gene expression patterns, and gene regulation mechanisms.

The global transcriptomics technologies market could be restrained by factors such as the non-availability of resources and tools that help in analyzing critical and complex data, the lack of tools that allow for biology computation, and the overall lack of skilled manpower with domain expertise.

The global transcriptomics technologies market is led by Asia Pacific, which has the fastest growth rate, due to the sharply increasing population in the region, coupled with the consequent boost in supply by the vendor base in the region. North America is the largest regional segment of the global transcriptomics technologies market and held a revenue share of 35.0% in 2012.

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The top players in the global transcriptomics technologies market are Affymetrix, Inc., Thermo Fisher Scientific, Agilent Technologies, F-Hoffmann La Roche Ltd., Illumina, Inc., and Life Technologies Corporation.

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