Transcriptomics Technologies Market 2021 Global Size, Growth Insight, Share, Trends, Industry Key Players, Regional Forecast To 2025

REPORT HIGHLIGHT

The Transcriptomics Technologies market is estimated to represent a global market of USD 2.69 billion by 2017 with growth rate of 5.5%.

Market Dynamics

Transcriptomics is defined as the study of RNA transcripts that are produced by the genome under specific conditions in specified cell bodies. These transcriptomics datasets are products by various high-throughput methods such as next-generation sequencing and microarray analysis as it usually demands quantitative measurement of thousands of genes. Primary aim behind transcriptome analysis is to identify differentially expressed genes and to gain proper understanding on disease condition.

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According to the International Review of Cell and Molecular Biology transcriptomic is aimed to establish the genetic cause of disease conditions by analyzing DNA or RNA profiles through advanced computational models. The industry is majorly driven by the continuous technological up-gradation, rising demand for more compact and reliable products, and the introduction of robust and efficient methodologies. For instance, Affymetrix, Inc. introduced the GeneChip microarray in 1993 and to date, the company is engaged in continuous product modification to achieve higher efficiencies.

Genome Analyzer by Illumina, Inc., AB SOLiD by Life Technologies Corporation, and Roche 454 and HeliScope by Helicos Biotechnologies are the technologically updated system available in the market currently. Furthermore, growing demand for personalized medicine ensures a potential opportunity in the commercialization of transcriptome research results. Despite the industry is on a high growth trajectory, some potential threats exist such as lack of skilled personnel and efficient data tools that will likely to restraint the growth prospects going forward.

Technology Takeaway

In terms of technology, the industry is divided into Polymerase Chain Reaction (PCR), Gene Regulation Technologies, Microarray, and Next Generation Sequencing. PCR (also termed as molecular photocopying) captured the highest share among the different technologies owing to its associated advantages such as high sensitivity, better precision, and cost-effectiveness. The high sensitivity of this technique enables amplification of very small amounts of genetic material samples. Application segment is categorized as Drug Discovery & Research, Clinical Diagnostics, Bioinformatics and Comparative Transcriptomics. Adoption of transcriptomics in drug discovery and research is increasing rapidly and thus this application holds the largest revenue share throughout the review period.

Global Transcriptomics Technologies Market, by Technology, 2017 vs 2025

Regional Takeaway

Regionally, North America, specifically the U.S., accounted for the largest share of the global market. The U.S. is accounted for the one-third of the global biotechnology market. As per the Biotechnology Innovation Organization, more than 2,000 public and private biotechnology companies based in the U.S., where commercial biotechnology research and development activities are growing at steady growth rate. Such facts would, in turn, establish the strong platform for the growth of transcriptomics industry in the country, augmenting the market growth. On another side, the industry in Asia Pacific region is expected to soar as increasing number of key players are preparing to inject new investment.

Key Vendor Takeaway

The industry is consolidated in nature, where a limited number of players control significant revenue share. Key players such as Life Technologies Corporation, Illumina, Inc., F. Hoffmann-La Roche Ltd., Agilent Technologies, Inc., and Affymetrix, Inc. emerged as the prominent players in this market. Of these, Agilent holds highest share (over 20%) of the global transcriptomics market.

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Still, in such a consolidated landscape, a large number of small-scale or large-scale players are competing to capture large customer base. In February 2015, Beckman Coulter Inc. launched the service of processing degraded RNA samples of the mouse, human, rat, and plants. This is likely to enhance the clarity on providing a more complete transcriptome analysis.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year – 2014 & 2016

Base Year – 2017

Estimated Year – 2018

Projected Year – 2025

TARGET AUDIENCE

Traders, Distributors, and Suppliers

Manufacturers

Hospitals

Government and Regional Agencies and Research Organizations

Consultants

Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TECHNOLOGY

Polymerase Chain Reaction (PCR)

Gene Regulation Technologies

Microarray

Next Generation Sequencing

MARKET, BY REGION

North America

U.S.

Canada

Europe

Germany

France

Rest of Europe

Asia Pacific

India

China

Rest of APAC

Rest of the World

Middle East and Africa

Latin America


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