RNA Analysis Market By End User, By Type, By Application And By Region-Industry Analysis,Size,Share,Growth,Trends and Forecast 2016 to 2021
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RNA Analysis Market size was around USD 1.89 billion in 2016. It is expected to grow at a CAGR of 13.9% to reach USD 3.62 billion by 2021.
The market is mainly driven by the increasing technological advancements, increasing investment in research and development by biotechnology and pharmaceutical companies, rising government and private funding, and growing preference for personalized medicines.
However, lack of skilled professionals in the transcriptomics field and lack of efficient bioinformatics and data analysis tools to analyse enormous data generated from the high-throughput sequencing technologies expected to restrain the growth of this market to a certain extent.
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RNA Analysis Market segmentation by end user, type and application. By end user the market is segmented into Academic Research & Government Institutes, Pharmaceutical & Biotechnology Companies, and Hospitals & Diagnostic Centres.
By type the market is segmented into Microarrays, Polymerase Chain Reaction (PCR), Sequencing Technologies, and RNAI Gene Silencing. Microarrays are further sub-segmented into Reagents, Instruments and Software.
Polymerase Chain Reaction (PCR) is further sub-segmented into Reagents, Instruments and Software. Sequencing Technologies are further sub-segmented into Sanger Sequencing (Reagents, Instruments and Software), and Next Generation Sequencing (NGS) (Reagents, Instruments and Software).
RNAI Gene Silencing is further sub-segmented into Reagents, Instruments and Software. By application the market is segmented into Clinical Diagnosis, Drug Discovery, and Toxic genomics.
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RNA Analysis Market geographical segmentation by North America, Europe, Latin America, Asia Pacific, and Middle East and Africa. North America accounts for the largest share of the market.
But still, in the forecast period, emerging economies like Asia-Pacific (Japan, China, and India) and Latin America are anticipated to form new revenue-generating pockets for the market players. Economic developments and increasing government funding to support new product developments are the major factors fuelling the growth of market in these regions.
The major RNA Analysis Market leaders are Illumina Inc. (U.S.), Qiagen N.V. (Germany), Affymetrix Inc. (U.S.), Agilent Technologies Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Sigma Aldrich (U.S.), Fluidigm Corporation (U.S.), Bio-Rad Laboratories Inc. (U.S.), GE Healthcare (U.S.), and Thermofisher Scientific Inc. (U.S.).
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Scope of the Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of end user, type and application along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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