Global Transcriptomics Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 9.3% from 2024 to 2030.
The transcriptomics market is rapidly growing, fueled by advancements in high-throughput sequencing technologies and their applications in various fields, including genomics, personalized medicine, and cancer research. Transcriptomics refers to the study of the transcriptome, the complete set of RNA molecules transcribed from DNA, which provides valuable insights into gene expression patterns and regulatory mechanisms. This burgeoning field has led to innovations in diagnostic tools, drug development, and therapeutic strategies.
One of the most significant drivers of the transcriptomics market is the increasing demand for personalized medicine. By analyzing gene expression patterns, healthcare professionals can tailor treatments to individual patients, optimizing therapeutic efficacy. This precision medicine approach is revolutionizing how diseases are diagnosed and treated, particularly in oncology, where understanding tumor biology at the molecular level can lead to more effective treatments.
High-throughput sequencing, such as RNA sequencing (RNA-Seq), is playing a pivotal role in the expansion of the transcriptomics market. RNA-Seq offers an accurate and comprehensive analysis of gene expression, enabling researchers to identify biomarkers, discover novel drug targets, and gain a deeper understanding of disease mechanisms. Furthermore, advancements in bioinformatics tools and computational models are enhancing data interpretation, making transcriptomic analysis more accessible and reliable for both researchers and clinicians.
The market is also benefiting from the rising use of single-cell RNA sequencing (scRNA-Seq), which allows researchers to study gene expression at the single-cell level. This technique provides unprecedented resolution in understanding cellular heterogeneity, crucial for cancer research and stem cell studies. With applications ranging from drug discovery to developmental biology, scRNA-Seq is poised to accelerate the transcriptomics market even further.
In addition to its growing applications in healthcare, transcriptomics is also gaining traction in agriculture. By studying gene expression in crops, researchers can develop more resilient and high-yielding plants, addressing global food security challenges.
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Thermo Fisher Scientific
Illumina
QIAGEN (Exiqon)
Agilent Technologies
Roche
GE Healthcare
Bio-Rad Laboratories
Fluidigm
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 Market
Pharmaceutical and Biotechnology
Academic Research and Government Institutes
Hospitals and Diagnostic Centers
Academic research and government agencies use it the most
Based on Types the Market is categorized into Below types that held the largest Transcriptomics market share In 2023.
PCR
Microarray
Sequencing
Sequencing type proportion is 45.4% at most
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, 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 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 Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Transcriptomics Market, By Type
6. Global Transcriptomics Market, By Application
7. Global Transcriptomics Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Transcriptomics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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