Market Forecast By Product & Services (Sample Preparation Products, Sequencing Platforms & Consumables, Sequencing Services, Data Analysis, Storage, & Management), By Technology (Sequencing by Synthesis, Ion Semiconductor Sequencing, Single-molecule Real-time Sequencing, Nanopore Sequencing), By End Users (Research & Academia, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, Other End Users), By Applications (Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly, Variant Calling & Transcriptome Epigenetics) By Regions (North America, Latin America, Europe, Asia Pacific, And The Middle East & Africa), By Key Countries And Competitive Landscape
Product Code: ETC002288 | Publication Date: Apr 2020 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Global NGS Based RNA Sequencing Market |
Forecast Period | 2025-2031 |
Market Size | USD 5.5 billion by 2031 |
CAGR | 17.2% |
Growing Sector | Pharmaceutical & Biotechnology |
The Global NGS Based RNA Sequencing Market report thoroughly covers the market by product and services, technology, application, end-user, and regions. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The Global NGS Based RNA Sequencing Market was valued at approximately USD 2.5 billion in 2022 and is projected to reach USD 5.5 billion by 2027, growing at a CAGR of 17.2% during the forecast period. This significant growth is driven by the decreasing costs of genome sequencing, increasing government funding for genomics projects, and the rising application of RNA sequencing in personalized medicine and cancer research.
The Global NGS Based RNA Sequencing Market is experiencing rapid expansion due to technological advancements and the growing demand for precision medicine. The ability of RNA sequencing to provide comprehensive insights into gene expression and regulation has made it an indispensable tool in research and clinical diagnostics. The market is characterized by a surge in research activities, increased adoption in clinical settings, and strategic collaborations among key players to enhance product offerings and expand their global footprint.
According to 6Wresearch, The Global NGS Based RNA Sequencing Market is projected to growing at a CAGR of 17.2% during the forecast period 2025-2031. The decreasing costs of genome sequencing have made NGS-based RNA sequencing more accessible to a broader range of researchers and clinicians. This affordability has led to increased adoption in various applications, including disease research, drug development, and personalized medicine. Additionally, the advantages of RNA sequencing over traditional technologies, such as its ability to detect novel transcripts and splice variants, have further propelled its use in understanding complex biological processes. This trend is reflected in the Global NGS Based RNA Sequencing Market Growth.
However, the market faces challenges related to the standardization of RNA sequencing in diagnostic testing. The complexity of NGS technologies and data presents significant hurdles in clinical laboratory practices, quality measures, and compliance with regulatory standards. There is a pressing need to establish standardized procedures for test validation, quality control, and assurance to ensure the reliability and accuracy of RNA sequencing in clinical diagnostics. Moreover, the storage and interpretation of the vast amounts of data generated by RNA sequencing pose significant challenges. Efficient data management and the development of automated methodologies for data analysis are crucial to handle the complexity and volume of sequencing data. The lack of standardized data analysis pipelines and the need for skilled professionals in bioinformatics are additional obstacles that need to be addressed to fully realize the potential of RNA sequencing technologies.
A notable trend in the market is the adoption of blockchain technology and cloud computing to enhance data security and accessibility. Blockchain offers a secure framework for data sharing, ensuring data integrity and patient privacy, which is crucial in clinical applications of RNA sequencing. Cloud computing provides scalable storage solutions and computational power, facilitating the handling of large sequencing datasets and complex analyses.
The integration of these technologies is expected to streamline data management and foster collaborative research efforts. Another emerging trend is the focus on single-cell RNA sequencing (scRNA-seq), which allows for the analysis of gene expression at the individual cell level. This approach provides deeper insights into cellular heterogeneity and has significant implications in understanding developmental biology, disease mechanisms, and therapeutic responses. The advancements in scRNA-seq technologies are anticipated to open new avenues in research and clinical diagnostics, further driving market growth.
The expanding applications of RNA sequencing in diagnostics and therapeutics present lucrative investment opportunities. Investors are increasingly focusing on companies developing innovative RNA sequencing platforms and solutions that cater to the growing demand for personalized medicine. The potential of RNA sequencing to identify novel biomarkers and therapeutic targets makes it a valuable tool in drug discovery and development, attracting substantial investments from pharmaceutical and biotechnology companies.
Additionally, the growing use of RNA sequencing in agricultural and environmental research offers new investment prospects. RNA sequencing is being utilized to study gene expression in plants and microorganisms, leading to advancements in crop improvement, disease resistance, and environmental sustainability. Investing in RNA sequencing applications beyond human health can diversify portfolios and capitalize on the technology's broad utility.
Prominent players in the Global NGS Based RNA Sequencing Market include Illumina, Inc., Thermo Fisher Scientific, Inc., QIAGEN N.V., PerkinElmer, Inc., and Eurofins Scientific. These companies have established a strong market presence through extensive product portfolios and strategic initiatives. They focus on continuous innovation, strategic collaborations, and geographic expansion to maintain their competitive edge in the rapidly evolving market.
The Global NGS Based RNA Sequencing Market operates under stringent regulatory frameworks to ensure the safety and efficacy of sequencing technologies, especially in clinical applications. Regulatory bodies, such as the U.S. Food and Drug Administration (FDA), have established guidelines for the validation and use of NGS-based tests in diagnostics. Compliance with these regulations is essential for market approval and adoption. In addition to federal regulations, there are international standards and guidelines that govern the use of NGS technologies.
Organizations like the International Organization for Standardization (ISO) have developed standards to ensure the quality and reliability of sequencing data. Adherence to these standards is crucial for companies operating in multiple regions to ensure global acceptance of their products. Ethical considerations also play a significant role in the regulatory landscape. Issues related to patient consent, data privacy, and the potential for genetic discrimination necessitate comprehensive regulatory frameworks to protect individuals' rights. Companies must navigate these ethical considerations carefully to maintain public trust and comply with legal requirements.
The future of the Global NGS Based RNA Sequencing Market looks promising, driven by continuous advancements in sequencing technologies and their expanding applications. The increasing role of RNA sequencing in precision medicine will be a key growth driver, allowing for the development of targeted therapies based on individual genetic profiles. T
his is particularly relevant in oncology, where RNA sequencing enables the identification of tumor-specific mutations and gene expression patterns, paving the way for personalized treatment strategies. In addition, the integration of artificial intelligence (AI) and machine learning (ML) in RNA sequencing data analysis is expected to revolutionize the field. These technologies can enhance the accuracy and efficiency of data interpretation, reducing the time required for analysis and improving diagnostic capabilities. AI-driven bioinformatics solutions are anticipated to simplify complex sequencing workflows, making RNA sequencing more accessible to researchers and clinicians.
The report offers a comprehensive study of the following market segments and their leading categories
According to Ashutosh, Senior Research Analyst, 6Wresearch, North America is expected to dominate the Global NGS Based RNA Sequencing Market, reaching a projected value of USD 2.3 billion by 2031. The region's strong presence in genomics research, well-established healthcare infrastructure, and high adoption of advanced sequencing technologies contribute to its leadership position. Government initiatives supporting precision medicine and investments in biotechnology further drive the market’s growth in North America.
The Sequencing by Synthesis (SBS) segment is anticipated to maintain its dominance, reaching USD 2.1 billion by 2031. SBS is widely adopted due to its high accuracy, cost-effectiveness, and ability to generate large amounts of sequencing data. The continuous advancements in SBS technology, including improved read lengths and error rates, further enhance its applications in RNA sequencing.
Pharmaceutical and biotechnology companies are projected to hold the largest market share, valued at USD 2.4 billion by 2031. These companies extensively use RNA sequencing for drug discovery, biomarker identification, and clinical trials. The increasing demand for targeted therapies and personalized medicine further drives RNA sequencing adoption in this sector.
The Expression Profiling Analysis segment is expected to dominate the market, reaching a valuation of USD 1.9 billion by 2031. This application is crucial for understanding gene expression patterns in various biological conditions, including cancer, neurological disorders, and infectious diseases. The growing demand for transcriptomic studies in disease research and drug development fuels this segment’s growth.
The Sample Preparation Products segment is projected to lead the market, reaching USD 1.8 billion by 2031. Proper sample preparation is critical for generating high-quality RNA sequencing data, and advancements in automation and reagent kits have streamlined the process. The increasing adoption of RNA sequencing in clinical and research settings is driving demand for reliable and efficient sample preparation solutions.
The report offers a comprehensive analysis of the following market segments
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Global NGS based RNA Sequencing Market Overview |
3.1 Global NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
3.2 Global NGS based RNA Sequencing Market Revenue Share, By Product & Services, 2021 & 2031F |
3.3 Global NGS based RNA Sequencing Market Revenue Share, By Technology, 2021 & 2031F |
3.4 Global NGS based RNA Sequencing Market Revenue Share, By End Users, 2021 & 2031F |
3.5 Global NGS based RNA Sequencing Market Revenue Share, By Applications, 2021 & 2031F |
3.6 Global NGS based RNA Sequencing Market - Industry Life Cycle |
3.7 Global NGS based RNA Sequencing Market - Porter’s Five Forces |
4. Global NGS based RNA Sequencing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Global NGS based RNA Sequencing Market Trends |
6. Global NGS based RNA Sequencing Market Overview, by Product & Services |
6.1 Global Sample Preparation Products NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
6.2 Global Sequencing Platforms & Consumables NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
6.3 Global Sequencing Services NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
6.4 Global Data Analysis, Storage, & Management NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
7. Global NGS based RNA Sequencing Market Overview, by Technology |
7.1 Global NGS based RNA Sequencing Market Revenue and Volumes, By Sequencing by Synthesis, 2021-2031F |
7.2 Global NGS based RNA Sequencing Market Revenue and Volumes, By Ion Semiconductor Sequencing, 2021-2031F |
7.3 Global NGS based RNA Sequencing Market Revenue and Volumes, By Single-molecule Real-time Sequencing, 2021-2031F |
7.4 Global NGS based RNA Sequencing Market Revenue and Volumes, By Nanopore Sequencing, 2021-2031F |
8. Global NGS based RNA Sequencing Market Overview, by End User |
8.1 Global NGS based RNA Sequencing Market Revenue and Volumes, By Research & Academia, 2021-2031F |
8.2 Global NGS based RNA Sequencing Market Revenue and Volumes, By Hospitals & Clinics, 2021-2031F |
8.3 Global NGS based RNA Sequencing Market Revenue and Volumes, By Pharmaceutical & Biotechnology Companies, 2024-2031F |
8.4 Global NGS based RNA Sequencing Market Revenue and Volumes, By Other End Users, 2021-2031F |
9. Global NGS based RNA Sequencing Market Overview, by Application |
9.1 Global NGS based RNA Sequencing Market Revenue and Volumes, By Expression Profiling Analysis, 2021-2031F |
9.2 Global NGS based RNA Sequencing Market Revenue and Volumes, By Small RNA Sequencing, 2021-2031F |
9.3 Global NGS based RNA Sequencing Market Revenue and Volumes, By De Novo Transcriptome Assembly, 2021-2031F |
9.4 Global NGS based RNA Sequencing Market Revenue and Volumes, By Variant Calling & Transcriptome Epigenetics, 2021-2031F |
10. North America NGS based RNA Sequencing Market Overview |
10.1 North America NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
10.2 North America NGS based RNA Sequencing Market Revenue Share, By Product & Services, 2021 & 2031F |
10.3 North America NGS based RNA Sequencing Market Revenue Share, By Technology, 2021 & 2031F |
10.4 North America NGS based RNA Sequencing Market Revenue Share, By End Users, 2021 & 2031F |
10.5 North America NGS based RNA Sequencing Market Revenue Share, By Applications, 2021 & 2031F |
10.6 North America NGS based RNA Sequencing Market Revenue Share, By Countries, 2021 & 2031F |
11. Latin America NGS based RNA Sequencing Market Overview |
11.1 Latin America NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
11.2 Latin America NGS based RNA Sequencing Market Revenue Share, By Product & Services, 2021 & 2031F |
11.3 Latin America NGS based RNA Sequencing Market Revenue Share, By Technology, 2021 & 2031F |
11.4 Latin America NGS based RNA Sequencing Market Revenue Share, By End Users, 2021 & 2031F |
11.5 Latin America NGS based RNA Sequencing Market Revenue Share, By Applications, 2021 & 2031F |
11.6 Latin America NGS based RNA Sequencing Market Revenue Share, By Countries, 2021 & 2031F |
12. Europe NGS based RNA Sequencing Market Overview |
12.1 Europe NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
12.2 Europe NGS based RNA Sequencing Market Revenue Share, By Product & Services, 2021 & 2031F |
12.3 Europe NGS based RNA Sequencing Market Revenue Share, By Technology, 2021 & 2031F |
12.4 Europe NGS based RNA Sequencing Market Revenue Share, By End Users, 2021 & 2031F |
12.5 Europe NGS based RNA Sequencing Market Revenue Share, By Applications, 2021 & 2031F |
12.6 Europe NGS based RNA Sequencing Market Revenue Share, By Countries, 2021 & 2031F |
13. Asia Pacific NGS based RNA Sequencing Market Overview |
13.1 Asia Pacific NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
13.2 Asia Pacific NGS based RNA Sequencing Market Revenue Share, By Product & Services, 2021 & 2031F |
13.3 Asia Pacific NGS based RNA Sequencing Market Revenue Share, By Technology, 2021 & 2031F |
13.4 Asia Pacific NGS based RNA Sequencing Market Revenue Share, By End Users, 2021 & 2031F |
13.5 Asia Pacific NGS based RNA Sequencing Market Revenue Share, By Applications, 2021 & 2031F |
13.6 Asia Pacific NGS based RNA Sequencing Market Revenue Share, By Countries, 2021 & 2031F |
14. Middle East & Africa NGS based RNA Sequencing Market Overview |
14.1 Middle East & Africa NGS based RNA Sequencing Market Revenues and Volume, 2021-2031F |
14.2 Middle East & Africa NGS based RNA Sequencing Market Revenue Share, By Product & Services, 2021 & 2031F |
14.3 Middle East & Africa NGS based RNA Sequencing Market Revenue Share, By Technology, 2021 & 2031F |
14.4 Middle East & Africa NGS based RNA Sequencing Market Revenue Share, By End Users, 2021 & 2031F |
14.5 Middle East & Africa NGS based RNA Sequencing Market Revenue Share, By Applications, 2021 & 2031F |
14.6 Middle East & Africa NGS based RNA Sequencing Market Revenue Share, By Countries, 2021 & 2031F |
15. Global NGS based RNA Sequencing Market - Key Performance Indicators |
16. Global NGS based RNA Sequencing Market Opportunity Assessment |
16.1 Global NGS based RNA Sequencing Market Opportunity Assessment, By Product & Services, 2031F |
16.2 Global NGS based RNA Sequencing Market Opportunity Assessment, By Technology, 2031F |
16.3 Global NGS based RNA Sequencing Market Opportunity Assessment, By End user, 2031F |
16.4 Global NGS based RNA Sequencing Market Opportunity Assessment, By Application, 2031F |
17. Global NGS based RNA Sequencing Market Competitive Landscape |
17.1 Global NGS based RNA Sequencing Market By Companies, 2024 |
17.2 North America NGS based RNA Sequencing Market By Companies, 2024 |
17.3 Latin America NGS based RNA Sequencing Market By Companies, 2024 |
17.4 Europe NGS based RNA Sequencing Market By Companies, 2024 |
17.5 Asia Pacific NGS based RNA Sequencing Market By Companies, 2024 |
17.6 Middle East & Africa NGS based RNA Sequencing Market By Companies, 2024 |
17.7 Global NGS based RNA Sequencing Market Competitive Benchmarking, By Operating Parameters |
18. Company Profiles |
19. Key Strategic Recommendations |
20 . Disclaimer |