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The global NGS-based RNA sequencing market size was USD 2.16 billion in 2021 and registers a CAGR of 20.3% over the forecast period.

The industry’s revenue growth has been driven by major players introducing advanced and distinctive NGS-based RNA sequencing platforms, data analysis services and kits’”

— Reports and data

NEW YORK, USA, Nov. 21, 2022 / — Reports and Data has released a new report on the global NGS-based RNA sequencing market that offers comprehensive market insights and helps investors and users understand market dynamics and develop investment plans accordingly. The report provides details about market revenue growth, market size, drivers, restraints, limitations, growth opportunities, and top companies. The report also focuses on manufacturing and production and recent collaborations of market players. The report is formulated from extensive primary and secondary research and verified by industry experts and professionals. Data is well represented by charts, graphs, tables, figures and other pictorial presentations.

The report consists of quantitative and qualitative market research carried out by our market experts. The NGS-Based RNA Sequencing industry report emphasizes current and upcoming market revenue growth opportunities and trends. Additionally, the report offers key insights into industry statistics along with a wide range of dynamic factors including drivers, restraints, risks, challenges, threats, supply and demand ratios, production and manufacturing capacities, sales and distribution networks, cost and demand. volatility, import/export ratios, profit margins and macroeconomic and microeconomic factors. Our market experts have determined the current financial positions of major industry players in the report relying on advanced analytical tools such as Porter’s Five Forces analysis, SWOT analysis and investment assessment .

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Market Overview:

The global NGS-based RNA sequencing market has grown significantly over the past few years and is expected to register rapid growth over the forecast period. The pharmaceutical and healthcare industry is changing rapidly with technological innovations, increasing healthcare expenditures, and improving healthcare facilities and systems. Many hospitals, outpatient surgical centers and clinics around the world are adopting state-of-the-art devices and equipment. The revenue growth of the global NGS-based RNA sequencing market is significantly driven by factors such as rising prevalence of chronic diseases, rapid advancements in healthcare and medical sector, high adoption of latest tools and techniques and the growth of funds by several public and private sectors. In addition, increasing attention to drug development, increasing demand for precision medicine, high adoption of home care settings and point-of-care diagnostics, increasing investment in research activities and development are expected to drive the revenue growth of the global market over the forecast period.

Competitive outlook of the global NGS-based RNA sequencing market

The global NGS-based RNA Sequencing market study focuses on the revenue growth trajectories of key companies in this market. This section of the report sheds light on the highly competitive landscape of the NGS-based RNA Sequencing market, highlighting the key players. The report further examines the strategic initiatives undertaken by each of these market players including mergers and acquisitions, collaborations, joint ventures, new product launches, new business deals, and technological innovations.

Key Companies Featured in the Report:

• Oxford Nanopore Technologies plc
• Thermo Fisher Scientific Inc.
• Illumina Inc.
• Perkin Elmer Inc.
• Eurofins Scientific, Inc.
• F. Hoffmann-La Roche Ltd.
• Agilent Technologies, Inc.
• QIAGEN, Novogene Co., Ltd.
• BGI Group.

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The report includes product type outlook, application spectrum, end-use outlook, technology landscape, regional market analysis, and competition overview.

NGS-Based RNA Sequencing Market Segmentation:

Product Type Outlook

• Sequencing instruments and consumables
• Sample preparation
• Data analysis, storage and management services
• Others

Technology outlook

• Nanopore sequencing
• Sequencing by synthesis
• Sequencing of ionic semiconductors
• Others

Application Outlook

• Expression profiling analysis
• Transcriptomic profiling
• Variant calling and epigenetics of the transcriptome
• Others

End-use prospects

• Academic research institutions
• Pharmaceutical and biotechnology companies
• Hospitals and clinics
• Others

Geographic segment covered in the report:

The NGS-Based RNA Sequencing report provides information about the market, which is sub-categorized into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country and sub-region over the estimated period.
• North America (USA and Canada)
• Europe (UK, Germany, France and rest of Europe)
• Asia-Pacific (China, Japan, India and the rest of the Asia-Pacific region)
• Latin America (Brazil, Mexico and rest of Latin America)
• Middle East and Africa (GCC and Rest of Middle East and Africa)

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Nikhil Morankar
Reports and data
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