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The global transcriptomics technologies market was valued at US$1.65 billion in 2012. Between 2013 and 2019, the global transcriptomics technologies market will grow at a CAGR of 15.9%, settling at a market value of US$4.6 billion by the end of this market forecast period.
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USAGE IN COMPANION DIAGNOSTIC SERVICES STIMULATES GLOBAL TRANSCRIPTOMICS MARKET TO REACH US$4.6 BILLION BY 2019 The global transcriptomics technologies market was valued at US$1.65 billion in 2012. Between 2013 and 2019, the global transcriptomics technologies market will grow at a CAGR of 15.9%, settling at a market value of US$4.6 billion by the end of this market forecast period. A research report, published by Transparency Market Research, titled “Transcriptomics Technologies Market (Microarrays, PCR, Gene Regulation and Next Generation Sequencing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 –2019”, explores the many possibilities in the transcriptomics technologies market in terms of market growth and opportunities. According to the report, the global transcriptomics technologies market is set to expand in the next few years. This growth is largely attributed to the growing need for its products in companion diagnostics as well as personalized healthcare. The report says that within its key application segments, the global transcriptomics technologies market undergoes constant development, which adds to its value. Application segments of the transcriptomics market include pharmaceuticals and biotechnology. Other fields also derive technological advancements in the global transcriptomics technologies market, thereby allowing it to grow faster. Other segments that are developing better uses for transcriptomics technologies include laboratories attempting to use them in biomarkers and novel gene sequencing methods. Get a Sample Report Brochure: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1659 Other growth drivers for the global transcriptomics technologies market include the creation of adequate equipment in labs and healthcare organizations, growing awareness on a global scale of the advantages of transcriptomics technologies, and increased participation by government bodies in the global transcriptomics technologies market, in terms of incentive initiatives. The key players in the global transcriptomics technologies market, as mentioned in the report, include Life Technologies Corporation, Illumina, Inc., F-Hoffmann La Roche Ltd., Agilent Technologies, Thermo Fisher Scientific., and Affymetrix, Inc. From a geographical perspective, the global transcriptomics technologies market is currently pioneered by the Asia Pacific region, which is expected to exhibit the fastest growth rate for the report’s forecast period. This rate of growth is attributed to an increase in population as well as a growing vendor base in the region. Other regions in the geographical segmentation of the global transcriptomics technologies market include Europe, North America, and Rest of the World. Of these, the market was dominated by North America in
2012 with a revenue share of 35%. North America contains some well-equipped medical labs and possesses a greater level of awareness towards the transcriptomics technologies. Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/transcriptomics- technologies-market.htm The report cites the factors that might hamper the growth of the global transcriptomics technologies market. These include lack of tools that are useful for computation of biology, non-availability of services that are necessary for the analysis of the complicated information, and an overall lack of resources with domain expertise. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com