Global Transcriptomics Market Report 2021: Opportunities with the Expansion into New Research Application & Biomarker Discovery and Use of Toxicogenomic to Promote Transcriptomics Research

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Nov 02, 2021, 12:30 ET

DUBLIN, Nov. 2, 2021 /PRNewswire/ -- The "Transcriptomics Market - Global and Regional Analysis 2021-2031" report has been added to ResearchAndMarkets.com's offering.

The growth of the transcriptomics market is expected to be driven by the decrease in the cost of sequencing, the global increase in the application of next-generation sequencing and RNA sequencing in transcriptomics, and the advancement of the products.

However, there are significant challenges restraining the market growth, such as the high cost and maintenance of next-generation sequencing and RNA sequencing platforms and the lack of tools for computational analysis.

The transcriptomics approach has been able to decipher the mechanism of complex bulk tissue, giving a deep understanding of heterogeneous cell populations. With the co-analysis of molecules, such as RNA, and protein, at a single cell level, the researchers are able to unearth the regulation mechanism associated with RNA transcription and protein translation.

The healthcare experts have found the transcriptomics market to be one of the stable markets, and the global market is predicted to grow at a CAGR of 20.11% during the forecast period 2021-2031.

The transcriptomics market is an emerging market with huge growth potential. Recent technological advancements are facilitating the adoption of the technology at a rapid pace. Transcriptomics offers the ability to isolate a single cell with specific phenotypes from a heterogeneous mixture, along with gene expression analysis and protein expression analysis.

The unique feature of transcriptomics technology to integrate the data from various molecules and from different cells to study cell-to-cell differentiation enables the study of mechanisms that are visible at a transcriptomic level.

Competitive Landscape

The growth in this market is expected to be driven by the decrease in the cost of sequencing, the global increase in the application of next-generation sequencing and RNA sequencing in transcriptomics, and the advancement of products launches. The growth of other technologies, such as in-situ hybridization, can be attributed to the increased clinical research to understand the involvement of molecular pathology in the diagnosis and prognosis of genetic disorders.

Based on region, North America holds the largest share in the market, owing to improved healthcare infrastructure, rise in per capita income, and improvised reimbursement policies in the region. However, the Asia-Pacific region is anticipated to grow at the fastest CAGR during the forecast period 2021-2031.

Competitive Benchmarking & Company Profiles

Company Overview
Role in the Global Transcriptomics Market
Financials
Key Insights About Financial Health of the Company
SWOT Analysis

10x Genomics
Agilent Technologies, Inc.
ANGLE plc
Becton, Dickinson and Company (BD)
Bio-Rad Laboratories, Inc.
Bio-Techne
BioSypder, Inc.
Cytiva
Fluidigm Corporation
Illumina, Inc.
Menarini Silicon Biosystems
NanoString
Pacific Biosciences of California, Inc.
PerkinElmer Inc.
QIAGEN
Takara Bio Inc.
Thermo Fisher Scientific Inc.

Key Questions Answered in this Report:

How is next-generation sequencing technology affecting the transcriptomics market?
What are the major market drivers, challenges, and opportunities in the global transcriptomics market?
What are the underlying structures resulting in the emerging trends within the global transcriptomics market?
How is the COVID-19 pandemic impacting the global transcriptomics market landscape?
What are the key development strategies that are being implemented by the major players in order to sustain themselves in the competitive market?
What are the key regulatory implications in developed and developing regions pertaining to transcriptomics?
What are the potential entry barriers expected to be faced by the companies willing to enter a particular region for the development of transcriptomics?
How is each segment of the market expected to grow during the forecast period 2021-2031, and what is the anticipated revenue to be generated by each segment?
What are the growth opportunities for the companies in the region of their operation?
What are the major applications for the companies in the region of their operation?
Who are the leading players with significant offerings in the global transcriptomics market?
Which companies are anticipated to be highly disruptive in the future, and why?
What are the current unmet needs that are being faced in the global transcriptomics market?

Industry Outlook

Global Transcriptomics Market Overview

Transcriptomics Cell Sequencing Data and Bioinformatics Analysis
Analysis of Genomic Data
Analysis of Transcriptome Sequencing

Current Global Transcriptomics Market Landscape

Multi-Omics
Computational Analysis in Genomics and Transcriptomics

Market Dynamics

Market Drivers

Increasing Application of NGS and RNA-Sequencing in Transcriptomics Research
Increase in Adoption of Personalized Medicine
Continuous Advancement in the Products for Transcriptomics Research

Market Restraints

High Cost and Maintenance of Next-Generation Sequencing and RNA-Sequencing Platform
Lack of Tools for Computational Analysis
Lack of Infrastructure and Expertise

Market Opportunities

Expansion into New Research Application
Expansion of Biomarker Discovery
Use of Toxicogenomic to Promote Transcriptomics Research

COVID-19 Impact on Global Transcriptomics Market

Impact on Market Size
Impact on Transcriptomics Practices

Competitive Landscape

Acquisitions
Synergistic Activities
Product Launches and Upgradations
Business Expansion
Market Share Analysis
Growth Share Analysis

Industry Insights

Legal Requirements and Framework in the U.S.
FDA Regulations
Legal Requirements and Framework in Europe
U.K.
Germany
Legal Requirements and Framework in Asia-Pacific
China
Japan
Pharmaceuticals and Medical Devices Agency (PMDA)
Ministry of Health, Labour, and Welfare (MHLW)
India

Patent Analysis

For more information about this report visit https://www.researchandmarkets.com/r/5nh69r

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