Global transcriptomics market is registering a healthy CAGR of 14.32% in the forecast period of 2019-2026. This rise in market value can be attributed due to increase research and development in order to provide better treatment among patients worldwide.
Due to high demand and the value of market research for the success of different sectors, transcriptomics market report covers many work areas. This report is generated with the combination of best industry insight, practical solutions, talent solutions and latest technology. It is a professional and a complete report focusing on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. The report focuses on major driving factors of the market and the market restraints which generally causes inhibition. In this transcriptomics business document, market segmentation is also covered in detail by considering several aspects that is sure to help businesses out there.
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Major Market Competitors/Players
Few of the major competitors currently working in the global transcriptomics market are Agilent Technologies, Inc., Illumina, Inc., F. Hoffmann-La Roche Ltd, Beckman Coulter, Inc, Thermo Fisher Scientific, BD, Biological Industries, bioMérieux SA, Bio-Rad Laboratories, Inc, Cepheid, Takara Bio Inc., Cytognomix, Edico Genome (subsidiary of Illumina, Inc.), GENERAL ELECTRIC COMPANY, Siemens AG, QIAGEN, Merck KGaA, Kapa Biosystems, Spatial Transcriptomics among others.
Competitive Analysis
Global transcriptomics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transcriptomics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
Increase in wide range of PCR applications in biotechnology industry; this factor is expected to drive the growth of the market
Increase biomedical research, including disease diagnosis and profiling; this factor is expected to drive the growth of the market
Increase in diseases worldwide is also expected to boost the growth of the market
Increment in mechanical progressions; this factor is expected to drive the growth of the market
Market Restraints:
High levels of investments required for the research in sequencing is expected to restrict the growth of the market
Lack of skilful experts, which is restricting the overall growth of the market
Certain drawbacks of RNA sequencing; which is restricting the overall growth of the market
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Segmentation: Global Transcriptomics Market
By Product & Services
Instruments
Consumables
Software
Services
By Technology
Microarray
Real Time-PCR (qPCR)
Sequencing
By Technology
Diagnostics & Disease Profiling
Drug Discovery
Others
By End-User
Pharmaceutical & Biotechnology Companies
Government Institutes & Academic Centers
Contract research Organizations (CROs)
By Geography
North America
Europe
Asia-Pacific
South America
Middle East and Africa
Key Developments in the Market:
In December 2018, 10x Genomics acquired Spatial Transcriptomics, Stockholm-based company which is a pioneer in the emerging field of spatial genomics. This acquisition has benefited the company in order to increase their product portfolio by introducing new products. This acquisition has also helped in increase in expansion as they established headquarters and manufacturing into Pleasanton, California
In April 2017, Seven Bridges, a biomedical data analysis company entered in partnership with Spatial Transcriptomics, pioneer in the emerging field of spatial genomics. By this strategic decision the company has made much easier platform for researchers to access, analyze and share massive biomedical data sets which may lead new development in transcriptomics field
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Reasons to Purchase this Report
Current and future of global transcriptomics market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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