Global Transcriptomics Market 2016-2020
Published: Sep 2016 | Pages: 78 | SKU: IRTNTR10055 |
Overview of the transcriptomics market
Transcriptomics involves the collection and analysis of transcriptomes of different types of cells or tissues present in an organism. A transcriptome characterizes the set of all RNA molecules, which is a part of the genetic code. Transcriptomics has extensive applications in molecular genetics, leading to its augmented demand during the predicted period. The need for specific transcriptomic solutions has resulted in massive investments to develop new technologies, such as microRNA technology, RNAi technology, NGS technology, and RT-PCR technology. These new-age technologies allow researchers to analyze the transcriptional activity of different organisms with higher precision and accuracy. Moreover, advances in transcriptomics technology fuel the demand for innovative and improved data analysis tools and services that can handle huge amounts of transcriptomics data and provide accurate results. According to the market research analysts at Technavio, the global transcriptomics market is expected to grow exponentially at a CAGR of more than 14% over the forecast period.
The increasing prevalence of cardiovascular and CNS disorders and cancer has led to an augmented demand for advanced tools and systems for diagnostics and drug discovery. Gene expression patterns and gene regulation mechanisms, which trigger the functioning and production of proteins can be studied using transcriptomics, and the therapeutic target can be identified more accurately. The increasing demand for personalized medicines and transcriptomics technologies and continuous improvements in healthcare infrastructures are encouraging drug discovery and research. Several biotechnology companies, such as F. Hoffmann-La Roche, Illumina, and Abbott Laboratories are investing heavily in medical research to develop reliable tools and services, which is likely to have a positive impact on the market.
Competitive landscape and key vendors
The global transcriptomics market is characterized by the presence of several international and regional vendors. The market is growing steadily with an increase in the number of applications that use transcriptomics testing. The vendors compete on various factors such as price, availability, brand, and variety, where price is set to become a major cause of competition as it enables players to gain an edge in the market. The need for large investments and rapid product innovations are major barriers for the entry of new players. Therefore, vendors must expand geographically and revive domestic demand to achieve sustained growth over time.
Key vendors in this market are -
- Agilent Technologies
- Illumina
- Roche Diagnostics
- Thermo Fisher Scientific
Other prominent vendors in the market include Beckman Coulter, Becton, Dickinson and Company, Biological Industries, bioMérieux, Bio-Rad Laboratories, Cepheid, Clontech Laboratories, Cytognomix, Edico Genome, Eppendorf, Fluidigm, GE Healthcare, Harvard Bioscience, Kapa Biosystems, Leica Biosystems, Maxim Biotech, Molecular Devices, Oxford Gene Technology, PerkinElmer, Promega, Qiagen, RainDance Technologies, Siemens Healthcare, and Sigma-Aldrich.
Product segmentation and analysis of the transcriptomics market
- Transcriptomics consumables
- Transcriptomics instruments
During 2015, the transcriptomics consumables segment dominated the market and accounted for more than 56% of the market shares in terms of revenue. The growth of this segment is mainly because of the repeated purchase of reagents, assays, and enzymes for conducting tests. Most of the diagnostic centers that need to carry out a large number of tests for chronic diseases acquire equipment on rent due to high costs. However, they purchase the reagents in large quantities, thus providing revenue opportunities for vendors.
Geographical segmentation and analysis of the transcriptomics market
- Americas
- APAC
- EMEA
In terms of geography, the Americas led the global transcriptomics market and is expected to hold more than 50% of the revenue market shares by 2020. The growth of this market in the Americas is attributed to the highly developed healthcare infrastructure and the presence of many big pharmaceutical companies, which conduct a high number of testing for new drug development and disease diagnosis. Also, the rising preference for personalized medicines, which use biomarkers developed with the transcriptomic technologies will also fuel the transcriptomics market in the Americas over the forecast period.
Key questions answered in the report include
- What will the transcriptomics market size and growth rate be in 2020?
- What are the key factors driving the global transcriptomics market?
- What are the key market trends impacting the growth of the global transcriptomics market?
- What are the challenges to market growth?
- Who are the key vendors in the global transcriptomics market?
- What are the market opportunities and threats faced by the vendors in the global transcriptomics market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global transcriptomics market?
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Table of Contents
PART 01: Executive summary
- Highlights
PART 02: Scope of the report
- Market overview
- Vendor segmentation
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product type
- Market overview
- Global transcriptomics consumables market
- Global transcriptomics instruments market
PART 07: Market segmentation by technology
- PCR
- NGS
- RNAi
- Microarray
PART 08: Market segmentation by PCR technology
- Market overview
- qPCR
- Standard PCR
- dPCR
PART 09: Geographical segmentation
- Global transcriptomics market by geography
- Transcriptomics market in Americas
- Transcriptomics market in EMEA
- Transcriptomics market in APAC
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
- Competitive scenario
PART 16: Key Vendor Analysis
- Agilent Technologies
- Illumina
- Roche Diagnostics
- Thermo Fisher Scientific
- Other prominent vendors
PART 17: Appendix
- List of abbreviations
PART 18: Explore Technavio
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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