RNA Analysis Market Racing with Preference for Personalized Medicines, Says Market Data Forecast

ReleaseWire

Hyderabad, India -- (SBWIRE) -- 02/22/2018 -- There's growing demand for personalized drug treatments and non-stop upgrades in healthcare infrastructures which drives the boom of drug discovery and research. This has given a thrust to the demand for transcriptomic technologies that are extensively used for the drug discovery and lifestyles technological know-how research. Moreover, the increasing quantity of pharmaceutical and biotechnology organizations in Asia-Pacific region has opened new avenues for transcriptomics within the emerging markets

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RNA analysis enhances sequencing intensity by permitting assessment of specific coding regions inside genes or precise genes, which are known to harbor mutations for ailment pathogenesis. Numerous studies tasks have hired this generation to avoid wastage of facts and extra value and observe handiest relevant genes. Variety of such projects keep growing, therefore using the marketplace.
RNA Analysis Market size was around USD 1.89 billion in 2016. It is expected to grow at a CAGR of 13.9% to reach USD 3.62 billion by 2021. Improvements to address the pitfalls of targeted enrichment technique are anticipated to enhance the usage fee of this era at some stage in the forecast duration.

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But, the higher initial investment fee hampers the growth of this market because of the reluctance of researchers to adopt the new technology. Furthermore, the dearth of professional specialists and efficient bioinformatics tools for facts analysis can inhibit the boom of Transcriptomics market to a positive extent.

North America with its advanced medical care and infrastructure holds the largest market share, along with the growth of many untapped markets in Latin America and the Asia Pacific.

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The major RNA Analysis Market leaders are Illumina Inc. (U.S.), Qiagen N.V. (Germany), Affymetrix Inc. (U.S.), Agilent Technologies Inc. (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), Sigma Aldrich (U.S.), Fluidigm Corporation (U.S.), Bio-Rad Laboratories Inc. (U.S.), GE Healthcare (U.S.), and Thermofisher Scientific Inc. (U.S.).

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