Transcriptomics Technologies Market was valued at USD 5.6 Billion in 2022 and is projected to reach USD 11.5 Billion by 2030, growing at a CAGR of 9.5% from 2024 to 2030.
The transcriptomics technologies market was valued at approximately USD 6.5 billion in 2022. This market is projected to grow at a compound annual growth rate (CAGR) of around 8.3% from 2023 to 2028. The increasing demand for personalized medicine, advancements in high-throughput sequencing technologies, and rising research funding are major factors driving this growth. The integration of transcriptomics with other omics technologies and the growing prevalence of chronic diseases are expected to further propel the market expansion.
Opportunity analysis indicates that emerging markets, particularly in regions like Asia-Pacific and Latin America, present significant growth potential. The expansion of research infrastructure, increasing healthcare investments, and a surge in biotechnology startups are contributing to the market's favorable outlook in these areas. Additionally, technological innovations such as single-cell RNA sequencing and advancements in bioinformatics are poised to create new opportunities for market players. The continuous evolution of transcriptomics technologies and their application in drug discovery and development underscore the substantial growth prospects in the coming years.
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Affymetrix
Inc
Thermo Fisher Scientific
Agilent Technologies
F-Hoffmann La Roche Ltd.
Illumina
Inc
Life Technologies Corporation
Qiangen N.V.
LC Sciences
Sigma-Aldrich Corp
Danaher Corp
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Transcriptomics Technologies Market
Clinical Diagnostics
Drug Discovery and Research
Bioinformatics
Comparative Transcriptomics Studies
Based on Types the Market is categorized into Below types that held the largest Transcriptomics Technologies market share In 2023.
Microarrays
Polymerase Chain Reaction (PCR)
Gene Regulation Technologies
Next Generation Sequencing (NGS)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Transcriptomics Technologies Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Transcriptomics Technologies Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Transcriptomics Technologies Market, By Type
6. Global Transcriptomics Technologies Market, By Application
7. Global Transcriptomics Technologies Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Transcriptomics Technologies Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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