NGS-Based RNA-Sequencing Global Market Report 2023: Rise in Research Grants to Improve Activities in NGS-based RNA-Sequencing Technique Bolsters Growth


Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) -- The "NGS-Based RNA-Sequencing: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global NGS-Based RNA-Sequencing Market to Reach $8.6 Billion by 2030

In the changed post COVID-19 business landscape, the global market for NGS-Based RNA-Sequencing estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$8.6 Billion by 2030, growing at a CAGR of 20.2% over the analysis period 2022-2030. Sequencing Platforms & Consumables, one of the segments analyzed in the report, is projected to record a 20.7% CAGR and reach US$4.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Sample Preparation segment is readjusted to a revised 17.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $579 Million, While China is Forecast to Grow at 18.9% CAGR

The NGS-Based RNA-Sequencing market in the U.S. is estimated at US$579 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 18.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.4% and 17.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.5% CAGR.

Select Competitors (Total 46 Featured) -

  • Agilent Technologies, Inc.
  • Eurofins Scientific
  • F. Hoffmann-La Roche AG
  • GATC Biotech AG
  • Illumina, Inc.
  • Macrogen, Inc.
  • Oxford Nanopore Technologies Ltd.
  • Pacific Biosciences of California, Inc.
  • PerkinElmer, Inc.
  • Qiagen NV
  • Thermo Fisher Scientific, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Report AttributeDetails
No. of Pages196
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$2 Billion
Forecasted Market Value (USD) by 2030$8.6 Billion
Compound Annual Growth Rate20.0%
Regions CoveredGlobal


Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • RNA-Seq: An Introduction
  • A Prelude to NGS-based RNA-seq Market
  • North America: The Largest Market for NGS-based RNA-seq
  • NGS-based RNA-seq - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • NGS-based RNA-seq Market Drivers and Restraints
  • Recent Advances in RNA Sequence Analysis
  • Select Players of NGS-based RNA-seq Market
  • Rise in Research Grants to Improve Activities in NGS-based RNA-Sequencing Technique
  • Application of RNA-Seq in Precision Medicine
  • Next Generation Sequencing in Cancer Research
  • Next Generation Sequencing for Transcriptomic Profiling

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/ahkpf7-based-rna?w=12

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Global Market for NGS-Based RNA-Sequencing

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