A detailed analysis of the Global Transcriptomics Technologies Market 2023 is provided, including global, regional, and country-level market sizes, segmentation market growth, market share, competitive landscape, sales analysis, impact of domestic and global Transcriptomics Technologies Market players, value chain optimization, trade regulations, recent developments, strategic market growth analyses, product launches, expanding the area market, and technological advances.
The global transcriptomics technologies market size was USD 3.98 Billion in 2022 and is expected to reach USD 9.78 Billion in 2032, and register a revenue CAGR of 10.5% during the forecast period.
Demand for customized treatment and rising investments in Genomics research are major factors driving the market revenue growth. In the study of genomics, transcriptomics technologies are crucial because they offer insights into the control and patterns of Gene Expression, which are crucial for understanding diseases and creating specialized treatments.
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Market Overview:
In the pharmaceutical and healthcare sectors, there is rapid change. As cell and gene therapies become increasingly available, patients are finding appropriate treatments for previously incurable diseases. Machine learning and artificial intelligence (AI) technologies are making it possible for more inventive, faster, and cheaper therapy development to take place. By utilizing data-driven projects, manufacturing, the supply chain, and the entire healthcare ecosystem can benefit. It is clear that consumer attitudes and behaviors are shifting, ranging from a greater use of technology and data sharing to a willingness to use tools to make prescriptions and treatment decisions. Pharma and healthcare markets are expected to grow in the next few years as a result of such factors.
Key Players covered in this report are
- Thermo Fisher Scientific
- Illumina, Inc.
- Agilent Technologies
- Qiagen N.V.
- F. Hoffmann-La Roche AG
- Bio-Rad Laboratories, Inc.
- Fluidigm Corporation
- Oxford Nanopore Technologies
- Pacific Biosciences of California, Inc.
- BGI Group
Based on Technology market is segmented into:
- Microarrays
- Sequencing
- PCR
- Others
Based on Application market is segmented into:
- Diagnostics
- Drug Discovery and Research
- Others
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Based on Region market is segmented into:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Strategic Development:
- In 2021, Thermo Fisher Scientific acquired PPD, Inc., a leading global contract research organization (CRO), for $17.4 Billion. The acquisition was aimed at expanding Thermo Fisher's offerings in the clinical research market and strengthening its position as a leading provider of life science solutions.
- In 2021, Illumina, Inc. announced a collaboration with AstraZeneca to develop a next-generation sequencing-based oncology diagnostic tool. The collaboration aimed to improve patient care by developing a more comprehensive and accurate diagnostic tool.
- In 2020, Agilent Technologies announced the acquisition of BioTek Instruments, Inc., a leading manufacturer of life science instrumentation. The acquisition was aimed at expanding Agilent's presence in the cell analysis market and strengthening its offerings in life science solutions.
- In 2020, F. Hoffmann-La Roche AG acquired Stratos Genomics, a leading developer of DNA sequencing technology. The acquisition was aimed at expanding Roche's offerings in the next-generation sequencing market and improving its ability to develop innovative diagnostic solutions.
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