The RNA analysis/ transcriptomics market consists of sales of RNA analysis products and related services by entities (organizations, sole traders, and partnerships) that provide RNA analysis. Transcriptomics/RNA analysis is a study of the transcriptome under specific circumstances, environment, or in a specific cell using high-throughput methods.
Global RNA Analysis Transcriptomics Market Size And Drivers:
The global RNA analysis/transcriptomics market is expected to grow from $4.59 billion in 2020 to $5.22 billion in 2021 at a compound annual growth rate (CAGR) of 13.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The RNA analysis and transcriptomics market is expected to reach $8.62 billion in 2025 at a CAGR of 13.4%.
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Trends In The Global RNA Analysis Transcriptomics Market
Technological advancements and innovations in RNA analysis is an emerging trend in the RNA analysis/ transcriptomics market. Technologies such as next-generation sequencing (NGS) and RNA interference (RNAi) improved precision and accuracy, which help researchers analyze the transcriptional activity. For instance, Next-generation sequencing developed by Illumina is successfully used in fragmenting DNA/RNA into multiple pieces, adding adapters, sequencing the libraries, and reassembling them to form a genomic sequence.
Global RNA Analysis Transcriptomics Market Segments:
The global RNA analysis transcriptomics market is further segmented based on product, technology, application and geography.
By Product: Reagents/Consumables, Instruments, Software
By Technology, Microarrays, Sequencing, Polymerase Chain Reaction RNA Interference
By Application: Clinical Diagnostics, Drug Discovery, Toxicogenomics, Comparative Transcriptomics, RNA Interference
By Geography: The global RNA analysis transcriptomics market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the RNA analysis/transcriptomics market in 2020.
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RNA Analysis Transcriptomics Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides RNA analysis transcriptomics market overviews, analyzes and forecasts market size and growth for the global RNA analysis transcriptomics market, RNA analysis transcriptomics market share, RNA analysis transcriptomics market players, RNA analysis transcriptomics market segments and geographies, RNA analysis transcriptomics market’s leading competitors’ revenues, profiles and market shares. The RNA analysis transcriptomics market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
