Transcriptomics Market

Transcriptomics Market Size, Share, Growth Analysis, By Product& Services Type(Consumables, Instruments, Software, Services) - Industry Forecast 2024-2031


Report ID: UCMIG35J2008 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Transcriptomics Market Insights

Market Overview:

The surge in demand for personalised medicine, increased pharmaceutical and biotechnology R&D expenditure, government funding for omics, rise in RNA sequencing applications, and development of new transcriptomics products by a large number of key players are driving growth in the global transcriptomics market. Transcriptome output has increased due to increased demand for transcriptome in R&D operations and a greater emphasis on biomarker development. According to the National Human Genome Research Institute, which is part of the National Institutes of Health (NIH), the National Human Genome Research Institute has participated in two projects that have created transcriptome resources for researchers all over the world, namely the Mammalian Gene Collection Initiative and the Mouse Transcriptome Project. These two models are critical for the study of human biology, which is expected to boost market growth.

Transcriptomics Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Life Sciences Tools & Services by segment aggregation, the contribution of the Life Sciences Tools & Services in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Transcriptomics was estimated to be valued at US$ XX Mn in 2021.

The Transcriptomics Market is estimated to grow at a CAGR of XX% by 2028.

The Transcriptomics Market is segmented on the basis of Product& Services Type.

Based on region, the Transcriptomics Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Transcriptomics Market are Agilent Technologies Inc., Bio-Rad Laboratories, F-Hoffmann La-Roche, Fluidigm Corporation, General Electric Company, Illuminia Inc. *, Merck & Co. Inc *, Promega Corporation, QiagenInc *, Thermofisher Scientific.

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Transcriptomics Market

Report ID: UCMIG35J2008

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