Scienza e Tecnologia
RNA Analysis Market Size Worth $25.48 Billion By 2028: Grand View Research, Inc.
Such initiatives are anticipated to accelerate market growth in the near future. Ribonucleic acid transcriptome analysis enables the researchers to analyze the position of genes as well as the functional patterns of a specific gene in an organism. The method assists in evaluating every transcript's changing behavior at the development stage and assesses all the elements of a transcript, including messenger ribonucleic acid, non-coding ribonucleic acid, and micro ribonucleic acid, for identifying the transcriptional structure of genes.
The growing need for analyzing a huge number of genes to understand the gene-to-drug interactions is anticipated to enhance the application of transcriptomics technologies in discovery applications and drug development. For instance, transcriptome profiles of COVID-19 patients have been analyzed to examine the disease prognosis and management. Collaborations between research institutes for the use of transcriptomics in various applications would drive market growth.
For instance, in October 2021 , National Cancer Institute and Caris Precision Oncology Alliance collaborated for medicine research initiatives. As a part of the partnership, Caris will offer detailed molecular insights across RNA (transcriptome), DNA (genome), and protein (proteome). North America was the top revenue-generating region in 2020 owing to the high investments in pharmaceutical and biotechnology research by corporations.
For instance, in September 2021 , Illumina invested in seven genomics-based startups as part of the international accelerator program. This program will give startups access to Illumina's lab space, sequencing systems, and reagents. Asia Pacific is projected to register the fastest CAGR from 2021 to 2028 owing to the low-cost manufacturing services in the region that provide lucrative growth opportunities for the manufacturers.
Grand View Research has segmented the global RNA analysis market on the basis of technology, product, application, end-use, and region:
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco , the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
Sherry James
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Grand View Research, Inc.
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