Global NGS-Based RNA-Sequencing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
RNA Sequencing Platforms & Consumables - Increasing Availability of Platforms and Growing Consumable Usage Have Ensured the High Share of This Segment, Sample Preparation Products - Sample Preparation is the First Step of an NGS Workflow, Sample Preparation Products and By Workflow[Library Preparation & Target Enrichment and Quality Control], - Sample Preparation Products, By Method[Manual Sample Preparation, Microfluidic Sample Preparation and Robotic Liquid Handling Sample Preparation] - Lack of Infrastructure and Expertise Among End Users has Driven Demand for Services, Data Analysis, Storage & Management - Integration of Cloud Computing and Bioinformatics, Among Other Advancements, is Contributing to Market Growth.By Technology ;
Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, and Nanopore Sequencing.By Application;
Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly, and Variant Calling & Transcriptome Epigenetics.By End User;
Research & Academia, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, and Other End Users.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global NGS-Based RNA-Sequencing Market (USD Million), 2021 - 2031
In the year 2024, the Global NGS-Based RNA-Sequencing Market was valued at USD 2,422.13 million. The size of this market is expected to increase to USD 8,578.18 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 19.8%.
The global Next-Generation Sequencing (NGS)-based RNA-sequencing market is experiencing significant growth, driven by advancements in genomic research and biotechnology. NGS-based RNA-sequencing, a powerful technology used to analyze and sequence RNA in a high-throughput manner, has become an indispensable tool in various fields such as genomics, transcriptomics, and personalized medicine. Its ability to provide a comprehensive view of the transcriptome with high precision and accuracy has fueled its adoption across research institutions, pharmaceutical companies, and clinical settings.
One of the primary factors contributing to the expansion of the NGS-based RNA-sequencing market is the increasing demand for personalized medicine. With the growing understanding of genetic and molecular bases of diseases, researchers and clinicians are leveraging RNA-sequencing to develop tailored therapeutic approaches. This technology allows for the identification of novel biomarkers and the development of targeted treatments, which are essential for the effective management of complex diseases such as cancer, neurological disorders, and infectious diseases.
Technological advancements in sequencing platforms and bioinformatics tools are further propelling market growth. Innovations such as single-cell RNA-sequencing and improvements in sequencing accuracy, speed, and cost-effectiveness have broadened the applications of RNA-sequencing. Enhanced data analysis capabilities have also facilitated more precise interpretations of complex transcriptomic data, enabling deeper insights into gene expression patterns, alternative splicing events, and regulatory mechanisms.
Global NGS-Based RNA-Sequencing Market Recent Developments
- In March 2023, PacBio's RNA seived FDA clearance, providing a more accurate way to detect RNA splicing and expression, helping researchers better understand complex genetic disorders .
- In May 2024, Oxford Nanopore Technologies introduced a new RNA-seq product that improves the detece transcript variants, advancing the field of transcriptomics and facilitating novel drug discovery .
Segment Analysis
The global NGS-based RNA sequencing (RNA-seq) market is experiencing rapid growth, driven by the increasing demand for precision medicine, biomarker discovery, and comprehensive gene expression analysis. Next-generation sequencing (NGS) technologies have revolutionized transcriptomics by enabling high-throughput, accurate, and cost-effective analysis of RNA samples. This has accelerated research in areas such as cancer genomics, drug development, and personalized medicine. The ability to profile gene expression at a granular level has made RNA-seq an essential tool in understanding disease mechanisms, identifying novel therapeutic targets, and developing more tailored treatments, which is further driving its adoption across academic, clinical, and pharmaceutical research sectors.
The market is divided into research and clinical segments, with research applications holding the largest share. Within research, RNA-seq is widely used for transcriptome analysis, gene expression profiling, and discovering novel biomarkers for a variety of diseases, including cancer, neurological disorders, and infectious diseases. The clinical application segment, however, is expanding rapidly as RNA-seq begins to be integrated into clinical diagnostics and personalized treatment planning. The advancement of single-cell RNA sequencing (scRNA-seq) and its growing utility in understanding cellular heterogeneity and complex tissue structures is expected to further fuel market growth and open new avenues for clinical applications. Additionally, technological advancements in sequencing platforms, improved bioinformatics tools, and decreasing sequencing costs are expected to enhance the market dynamics and broaden accessibility.
Global NGS-Based RNA-Sequencing Segment Analysis
In this report, the Global ngs-based rna-sequencing market has been segmented by product, technology , application, end user, and geography.
Global NGS-Based RNA-Sequencing Market, Segmentation by Product
The Global NGS-Based RNA-Sequencing Market has been segmented by Product into RNA Sequencing Platforms & Consumables, Sample Preparation Products, RNA Sequencing Services, and Data Analysis.
The global NGS-based RNA-sequencing market is poised for significant growth between 2024 and 2030, driven by advancements in technology, increasing applications, and expanding end-user demand. Among products, RNA sequencing platforms and consumables hold a substantial share, propelled by the growing availability of advanced platforms and the rising use of consumables. Sample preparation products are crucial as they constitute the first step in the NGS workflow, encompassing library preparation, target enrichment, and quality control. The segment's growth is fueled by the need for efficient and accurate sample preparation methods, which include manual, microfluidic, and robotic liquid handling. The rising demand for services due to the lack of infrastructure and expertise among end-users also contributes to market expansion. Additionally, the integration of cloud computing and bioinformatics in data analysis, storage, and management is significantly enhancing the capabilities and growth prospects of the market.
Technological advancements are a key driver of the market, with various sequencing methods such as sequencing by synthesis, ion semiconductor sequencing, single-molecule real-time sequencing, and nanopore sequencing offering diverse benefits. These technologies are enhancing the accuracy, speed, and cost-effectiveness of RNA sequencing, thereby broadening its applications. In terms of application, the market covers expression profiling analysis, small RNA sequencing, de novo transcriptome assembly, and variant calling & transcriptome epigenetics. These applications are increasingly adopted in various research and clinical settings, reflecting the versatility and utility of RNA sequencing in understanding gene expression, identifying novel transcripts, and exploring epigenetic modifications.
The end-user segment of the market is diverse, including research and academia, hospitals and clinics, pharmaceutical and biotechnology companies, and other end users. Research and academia represent a significant share due to the extensive use of RNA sequencing in basic and translational research. Hospitals and clinics are leveraging RNA sequencing for diagnostic and therapeutic purposes, particularly in precision medicine. Pharmaceutical and biotechnology companies utilize RNA sequencing for drug discovery and development, while other end users include agricultural and environmental sectors.
Global NGS-Based RNA-Sequencing Market, Segmentation by Technology
The Global NGS-Based RNA-Sequencing Market has been segmented by Technology into Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, and Nanopore Sequencing.
The Global NGS-Based RNA-Sequencing Market is experiencing significant growth, driven by advancements in sequencing technologies. The market is segmented into several categories based on the technology employed, each offering unique benefits and applications. One of the primary segments is Sequencing By Synthesis (SBS), which is the most widely used technology in RNA sequencing. SBS technology, exemplified by Illumina platforms, allows for high-throughput sequencing with exceptional accuracy and efficiency. This technology has become the gold standard in RNA sequencing, providing researchers with comprehensive insights into gene expression and transcriptomics.
Another significant segment in the NGS-Based RNA-Sequencing Market is Ion Semiconductor Sequencing. This technology leverages semiconductor chips to detect hydrogen ions released during the polymerization of DNA, thus enabling real-time sequencing. Ion semiconductor sequencing is known for its speed and cost-effectiveness, making it an attractive option for smaller labs and clinical applications. It offers a balance between throughput and affordability, catering to various research and diagnostic needs. Companies like Thermo Fisher Scientific have developed robust platforms based on this technology, further driving its adoption.
Single-Molecule Real-Time (SMRT) Sequencing, developed by Pacific Biosciences, represents another critical segment. SMRT sequencing captures real-time data by monitoring the synthesis of DNA molecules as they are replicated. This technology excels in providing long read lengths and high accuracy, particularly useful for detecting complex genetic variations and RNA isoforms. SMRT sequencing's ability to produce long reads without amplification enhances the understanding of transcript structures and gene regulation mechanisms, making it invaluable for comprehensive RNA sequencing studies.
Global NGS-Based RNA-Sequencing Market, Segmentation by Application
The Global NGS-Based RNA-Sequencing Market has been segmented by Application into Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly, and Variant Calling & Transcriptome Epigenetics.
The Global NGS-Based RNA-Sequencing Market is witnessing rapid growth, driven by technological advancements and increasing research activities in genomics and transcriptomics. The market is segmented by application into four primary categories: Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly, and Variant Calling & Transcriptome Epigenetics. Each segment plays a crucial role in understanding genetic and molecular mechanisms, aiding in the development of personalized medicine, and advancing biological research.
Expression Profiling Analysis is a significant segment in the RNA-sequencing market. This application involves measuring the expression levels of a large number of genes simultaneously to understand the cellular responses under various conditions. Researchers and healthcare professionals use expression profiling to identify disease biomarkers, understand disease mechanisms, and monitor the effects of therapeutic interventions. The increasing focus on precision medicine and the need for comprehensive genomic data in disease diagnosis and treatment are propelling the demand for expression profiling analysis.
Small RNA Sequencing is another vital segment, focusing on the sequencing of small RNA molecules such as microRNAs (miRNAs) and small interfering RNAs (siRNAs). These small RNAs play crucial roles in gene regulation, development, and disease pathogenesis. Small RNA sequencing helps in identifying and quantifying these molecules, providing insights into gene expression regulation and epigenetic modifications. The growing interest in RNA-based therapies and the rising prevalence of cancer and other genetic disorders are driving the growth of this market segment.
Global NGS-Based RNA-Sequencing Market, Segmentation by End User
The Global NGS-Based RNA-Sequencing Market has been segmented by End User into Research & Academia, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, and Other End Users.
The Global NGS-Based RNA-Sequencing Market has witnessed significant segmentation based on the end-user category, reflecting the diverse applications and demand for RNA sequencing technologies across various sectors. Research & Academia stands out as a major segment, driven by the increasing adoption of next-generation sequencing (NGS) for genomic research, transcriptomics, and molecular biology studies. Academic institutions and research organizations utilize NGS-based RNA sequencing to gain deeper insights into gene expression patterns, alternative splicing events, and the discovery of novel RNA species. The growing focus on personalized medicine and the need for advanced research tools further propel the demand in this segment.
Hospitals & Clinics represent another crucial end-user segment in the NGS-based RNA-sequencing market. The integration of RNA sequencing into clinical settings has revolutionized diagnostics and therapeutic strategies. It aids in the precise diagnosis of genetic disorders, identification of biomarkers for various diseases, and the development of targeted therapies. The increasing prevalence of cancer and other chronic diseases has necessitated the adoption of advanced sequencing technologies in hospitals and clinics to enhance patient care through more accurate and timely diagnoses, contributing to the growth of this market segment.
Pharmaceutical & Biotechnology Companies are also significant contributors to the NGS-based RNA-sequencing market. These companies leverage RNA sequencing technologies in drug discovery, development, and pharmacogenomics. The ability to analyze gene expression profiles and understand the molecular mechanisms of diseases enables these companies to identify potential drug targets and develop more effective therapeutics. The rising investment in biotechnology research and the growing trend of precision medicine are key factors driving the adoption of NGS-based RNA sequencing in this segment.
Global NGS-Based RNA-Sequencing Market, Segmentation by Geography
In this report, the Global NGS-Based RNA-Sequencing Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global NGS-Based RNA-Sequencing Market Share (%), by Geographical Region, 2024
The global NGS-based RNA-sequencing (RNA-seq) market is divided into several geographical regions, each contributing differently to the overall market share. North America holds the largest share of the market, driven by substantial investments in genomics research, advanced healthcare infrastructure, and the presence of key market players. The United States, in particular, has been at the forefront, with extensive research activities and collaborations between academic institutions and biotech companies. This region's dominance is further supported by favorable government initiatives and funding aimed at promoting precision medicine and personalized healthcare solutions.
Europe follows North America in terms of market share, with countries like the United Kingdom, Germany, and France leading the charge. The European market is characterized by significant research funding from both public and private sectors, along with a strong emphasis on technological advancements in the field of genomics. The European Union's initiatives to foster research and development, coupled with a well-established healthcare system, have created a conducive environment for the growth of the NGS-based RNA-seq market. Moreover, collaborations between European research institutes and global pharmaceutical companies have further propelled market expansion.
The Asia-Pacific region is emerging as a rapidly growing market for NGS-based RNA-sequencing. Countries such as China, Japan, and India are witnessing increased adoption of RNA-seq technologies due to rising awareness about genomics and precision medicine. The region benefits from a large patient population, increasing healthcare expenditure, and growing investments in biotechnology and genomics research. Government initiatives to boost research infrastructure and the presence of a thriving biotechnology industry are key factors driving market growth in this region. Additionally, collaborations with Western companies and the establishment of local sequencing facilities have bolstered the market presence in Asia-Pacific.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global NGS-Based RNA-Sequencing Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Technological advancements in NGS platforms
- Increasing demand for personalized medicine
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Growing research in transcriptomics - The global NGS (Next-Generation Sequencing)-based RNA-Sequencing market is experiencing significant growth, driven by the expanding field of transcriptomics. Transcriptomics, the study of RNA transcripts produced by the genome under specific circumstances or in a specific cell, is crucial for understanding gene expression patterns and functional genomics. The increasing application of RNA-Sequencing in transcriptomics research is propelling the market forward. Researchers are utilizing NGS-based RNA-Sequencing to explore the complexity of the transcriptome, leading to discoveries that can enhance our understanding of diseases, developmental biology, and the intricate regulatory mechanisms of gene expression.
Advancements in NGS technology have revolutionized RNA-Sequencing by providing high-throughput, accurate, and cost-effective solutions. This technological progress has enabled more comprehensive and detailed analyses of transcriptomes. NGS-based RNA-Sequencing offers numerous advantages, including the ability to detect novel transcripts, alternative splicing events, and post-transcriptional modifications. These capabilities are essential for identifying biomarkers, understanding disease mechanisms, and developing targeted therapies. As a result, the demand for NGS-based RNA-Sequencing in research institutions, pharmaceutical companies, and clinical laboratories is rapidly increasing.
The market is also benefiting from substantial investments in genomics research and personalized medicine. Governments, academic institutions, and private organizations are allocating significant resources to advance RNA-Sequencing technologies and their applications. Collaborations and partnerships between key stakeholders are fostering innovation and accelerating the adoption of NGS-based RNA-Sequencing. Furthermore, the declining costs of sequencing and the availability of user-friendly bioinformatics tools are making these technologies more accessible to a broader range of researchers and clinicians, thereby expanding the market's reach.
Restraints
- High initial investment and operational costs
- Data privacy and security concerns
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Limited skilled professionals - The global NGS (Next-Generation Sequencing)-based RNA-sequencing market is experiencing significant growth, driven by the increasing interest and research in transcriptomics. Transcriptomics, the study of RNA transcripts produced by the genome, provides a deeper understanding of gene expression and regulation. NGS-based RNA-sequencing has become a crucial tool in this field due to its ability to provide high-throughput and precise data on RNA molecules. This technology allows researchers to capture a snapshot of the transcriptome, offering insights into cellular functions and disease mechanisms.
One of the main drivers of the NGS-based RNA-sequencing market is the expanding application of transcriptomics in various fields such as oncology, immunology, and plant biology. In oncology, for instance, RNA-sequencing helps identify cancer-specific transcripts and mutations, leading to the development of targeted therapies and personalized medicine. Immunologists use RNA-sequencing to study immune responses and discover new biomarkers, which are critical for the development of vaccines and treatments for infectious diseases. Additionally, in plant biology, RNA-sequencing aids in understanding plant development and stress responses, which is essential for improving crop yields and resilience.
Technological advancements and decreasing costs of NGS are also contributing to market growth. The development of more efficient and cost-effective sequencing platforms has made NGS-based RNA-sequencing more accessible to researchers and institutions worldwide. Companies in the genomics sector are continuously innovating to enhance the accuracy, speed, and scalability of sequencing technologies. These advancements not only make RNA-sequencing more affordable but also expand its application to larger and more diverse studies, further driving the market forward.
Opportunities
- Expanding applications in diagnostics and therapeutics
- Growing use in agricultural and environmental research
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Increasing collaborations and partnerships - The global next-generation sequencing (NGS)-based RNA-sequencing market has experienced a significant surge in recent years, largely driven by increasing collaborations and partnerships among key industry players. These strategic alliances are designed to enhance technological capabilities, broaden service offerings, and expedite the development of innovative solutions. Companies are joining forces to leverage each other's strengths, resources, and expertise, which has led to accelerated advancements in RNA-sequencing technologies and applications. This trend is particularly evident in sectors such as healthcare, pharmaceuticals, and biotechnology, where the demand for precise and comprehensive genetic data is paramount.
A key factor fueling these partnerships is the growing need for comprehensive genomic data to support precision medicine initiatives. By collaborating, companies can pool their data, technology, and expertise to develop more robust and accurate RNA-sequencing solutions. For example, recent partnerships have focused on improving data integration and analysis, enhancing the accuracy of sequencing technologies, and reducing the time and cost associated with RNA sequencing. These collaborations often involve not just private companies but also academic institutions and research organizations, creating a multi-faceted approach to tackling the complexities of genetic research.
Another significant driver of collaborations in the NGS-based RNA-sequencing market is the desire to expand market reach and customer base. By forming strategic alliances, companies can access new markets and customer segments that would be challenging to penetrate independently. This expansion is particularly crucial in emerging markets, where there is a growing interest in genetic research and personalized medicine. Partnerships enable companies to navigate regulatory landscapes more efficiently, share market insights, and distribute innovative products and services more effectively. Consequently, these collaborations are instrumental in driving the global adoption of RNA-sequencing technologies.
Competitive Landscape Analysis
Key players in Global NGS-Based RNA-Sequencing Market include :
- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- Pacific Biosciences of California, Inc.
- Oxford Nanopore Technologies Ltd.
- Qiagen N.V.
- Roche Holding AG (through its subsidiary, Roche Sequencing)
- BGI Genomics Co., Ltd.
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- PerkinElmer, Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global NGS-Based RNA-Sequencing Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological advancements in NGS platforms
- Increasing demand for personalized medicine
- Growing research in transcriptomics
- Restraints
- High initial investment and operational costs
- Data privacy and security concerns
- Limited skilled professionals
- Opportunities
- Expanding applications in diagnostics and therapeutics
- Growing use in agricultural and environmental research
- Increasing collaborations and partnership
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global NGS-Based RNA-Sequencing Market, By Product, 2021 - 2031 (USD Million)
- RNA Sequencing Platforms & Consumables
- Increasing Availability of Platforms and Growing Consumable Usage Have Ensured the High Share of This Segment
- Sample Preparation Products
- Sample Preparation is the First Step of an NGS Workflow
- Sample Preparation Products, By Workflow
- Library Preparation & Target Enrichment
- Quality Control
- Sample Preparation Products, By Method
- Manual Sample Preparation
- Microfluidic Sample Preparation
- Robotic Liquid Handling Sample Preparation
- RNA Sequencing Services
- Lack of Infrastructure and Expertise Among End Users has Driven Demand for Services
- Data Analysis, Storage & Management
- Integration of Cloud Computing and Bioinformatics, Among Other Advancements, is Contributing to Market Growth
- Global NGS-Based RNA-Sequencing Market, By Technology , 2021 - 2031 (USD Million)
- Sequencing By Synthesis
- Ion Semiconductor Sequencing
- Single-Molecule Real-Time Sequencing
- Nanopore Sequencing
- Global NGS-Based RNA-Sequencing Market, By Application, 2021 - 2031 (USD Million)
- Expression Profiling Analysis
- Small RNA Sequencing
- De Novo Transcriptome Assembly
- Variant Calling & Transcriptome Epigenetics
- Global NGS-Based RNA-Sequencing Market, By End User, 2021 - 2031 (USD Million)
- Research & Academia
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Other End Users
- Global NGS-Based RNA-Sequencing Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global NGS-Based RNA-Sequencing Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Illumina, Inc.
- Thermo Fisher Scientific Inc.
- Pacific Biosciences of California, Inc.
- Oxford Nanopore Technologies Ltd.
- Qiagen N.V.
- Roche Holding AG (through its subsidiary, Roche Sequencing)
- BGI Genomics Co., Ltd.
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- PerkinElmer, Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market