Global Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product and Service;
Sample Preparation, Sequencing Platforms and Consumables, Sequencing Services, and Data AnalysisBy Technology;
Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, and Nanopore SequencingBy Application;
Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly and Variant Calling, and Transcriptome EpigeneticsBy End User;
Research Centers and Academic & Government Institutes, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Overview
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market (USD Million)
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market was valued at USD 9,728.38 million in the year 2024. The size of this market is expected to increase to USD 33,775.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 19.5%.
Global Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 19.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 19.5 % |
Market Size (2024) | USD 9,728.38 Million |
Market Size (2031) | USD 33,775.23 Million |
Market Concentration | Low |
Report Pages | 302 |
Major Players
- Illumina Inc
- Thermo Fisher Scientific Inc
- Qiagen N.V
- Agilent Technologies Inc
- Oxford Nanopore Technologies Ltd
- Pacific Biosciences of California Inc
- Roche Holding AG
- BGI Group
- Genewiz
- 10x Genomics Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market
Fragmented - Highly competitive market without dominant players
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market has emerged as a game-changer in genomic research, providing high-resolution insights into gene expression and transcriptome profiling. This technology is now a cornerstone of genomic studies, with over 60% of ongoing projects leveraging NGS for its superior throughput and cost efficiency. The rising demand for precision diagnostics and personalized medicine is further accelerating its adoption.
Technological Innovations Boosting Market Expansion
Continuous advancements in sequencing platforms have significantly improved data accuracy, reduced costs, and increased throughput, making RNA sequencing more accessible. Approximately 55% of the market is now dominated by cutting-edge sequencing technologies that offer faster data processing and deeper insights into the transcriptome, essential for drug discovery and precision medicine.
Rising Adoption of Single-Cell Sequencing
Single-cell RNA sequencing is gaining popularity as a crucial tool for uncovering cellular diversity, with over 40% of current research projects integrating this approach. This technology is particularly valuable for studying cellular heterogeneity in cancer, immunology, and developmental biology, offering unprecedented insights into cell function and disease mechanisms.
Overcoming Data Management Challenges
Despite its potential, RNA sequencing presents challenges in data analysis and management. Nearly 30% of research institutions are investing in specialized bioinformatics tools to effectively handle the massive volumes of data generated. Efficient data processing and storage solutions are critical for extracting meaningful insights, supporting the continued growth of this innovative market.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Recent Developments
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In July 2022, Illumina Inc. launched Illumina DRAGEN v4.0, an accurate and comprehensive secondary analysis platform. This new version enhanced genomic data processing capabilities, providing researchers with improved tools for analyzing complex genetic information and advancing their research efforts in various fields.
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In January 2021, Oxford Nanopore Technologies collaborated with NVIDIA to integrate the NVIDIA DGX Station A100 into its ultra-high-throughput sequencing system, PromethION. This integration aimed to enhance data analysis capabilities, facilitating more efficient genomic sequencing and processing for researchers and healthcare professionals.
Segment Analysis
In this report, the Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market has been segmented by Product and Service, Technology, Application, End User and Geography.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, Segmentation by Product and Service
The Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market has been segmented by Sample Preparation, Sequencing Platforms and Consumables, Sequencing Services, and Data Analysis.
Sample Preparation
Sample Preparation is foundational to RNA sequencing, involving RNA extraction, quality control, and library prep steps that determine downstream success. Accounting for around 25% of the market, demand is driven by innovations in automated, high-efficiency protocols and growing adoption in clinical and single-cell applications.
Sequencing Platforms and Consumables
Sequencing Platforms and Consumables dominate the RNA-seq market, representing nearly 35% of total share. Leading technologies from Illumina, Thermo Fisher, and others continue to drive demand for high-throughput instruments and consumables like reagents, flow cells, and sequencing kits.
Sequencing Services
Sequencing Services offer a cost-effective alternative for labs lacking internal sequencing infrastructure. With a market share of approximately 20%, this segment benefits from growing outsourcing trends in academic research and pharmaceutical development.
Data Analysis
Data Analysis solutions are critical for transforming raw RNA-seq reads into actionable insights. This 20% market segment is rapidly evolving with the rise of bioinformatics tools, AI-driven pipelines, and cloud-based platforms that facilitate scalable and reproducible transcriptomic analysis.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, Segmentation by Technology
The Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market has been segmented by Technology into Sequencing By Synthesis, Ion Semiconductor Sequencing, Single-Molecule Real-Time Sequencing, and Nanopore Sequencing.
Sequencing By Synthesis (SBS)
Sequencing By Synthesis (SBS) is the leading technology in RNA sequencing, capturing nearly 60% of the market. Renowned for its high accuracy and scalability, SBS—popularized by Illumina—remains the gold standard for bulk and single-cell RNA-seq across research and clinical settings.
Ion Semiconductor Sequencing
Ion Semiconductor Sequencing offers fast, real-time RNA analysis by detecting changes in pH during nucleotide incorporation. With about 15% market share, it's favored for targeted RNA sequencing due to its affordability and compatibility with smaller throughput needs.
Single-Molecule Real-Time Sequencing
Single-Molecule Real-Time (SMRT) Sequencing, developed by PacBio, is ideal for full-length transcript analysis and isoform discovery. Representing approximately 15% of the market, it is expanding with the demand for long-read, high-fidelity RNA sequencing solutions.
Nanopore Sequencing
Nanopore Sequencing, pioneered by Oxford Nanopore Technologies, enables real-time, direct RNA sequencing without reverse transcription. With a growing 10% market share, it is gaining attention for field-based research and flexible, rapid transcriptomic profiling.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, Segmentation by Application
The Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market has been segmented by Application into Expression Profiling Analysis, Small RNA Sequencing, De Novo Transcriptome Assembly and Variant Calling, and Transcriptome Epigenetics.
Expression Profiling Analysis
Expression Profiling Analysis is the most prevalent application of RNA sequencing, capturing around 40% of the market. It provides a comprehensive snapshot of gene expression levels across conditions, aiding studies in cancer biology, immune response, and neurological disorders.
Small RNA Sequencing
Small RNA Sequencing enables precise analysis of short non-coding RNAs such as microRNAs and piRNAs. With about 20% market share, this application is gaining ground due to its role in gene regulation research and its utility in developing novel biomarkers.
De Novo Transcriptome Assembly and Variant Calling
De Novo Transcriptome Assembly and Variant Calling is essential for discovering transcripts in species without well-annotated genomes. Representing approximately 25% of the market, it supports genetic research in non-model organisms and clinical variant analysis.
Transcriptome Epigenetics
Transcriptome Epigenetics focuses on identifying RNA modifications like m6A to understand post-transcriptional regulation. Accounting for 15% of the market, this field is expanding rapidly with advances in direct RNA sequencing and interest in the epitranscriptome’s role in disease.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, Segmentation by End User
The Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market has been segmented by End User into Research Centers and Academic & Government Institutes, Hospitals & Clinics, Pharmaceutical & Biotechnology Companies, and Others.
Research Centers and Academic & Government Institutes
Research Centers and Academic & Government Institutes lead the RNA sequencing market with about 45% share. These institutions rely heavily on RNA-seq for functional genomics, differential expression studies, and publicly funded research projects, driving widespread adoption across global academic ecosystems.
Hospitals & Clinics
Hospitals & Clinics use RNA sequencing to support clinical applications such as oncology diagnostics, rare disease profiling, and treatment planning. With around 20% market share, this segment is growing due to the integration of genomic technologies into precision medicine frameworks.
Pharmaceutical & Biotechnology Companies
Pharmaceutical & Biotechnology Companies contribute roughly 25% of the market, utilizing RNA sequencing in translational research, target validation, and development of RNA-based therapeutics. The push for personalized therapies continues to fuel demand in this segment.
Others
Others, including CROs, agrigenomics labs, and veterinary research organizations, account for approximately 10% of the market. Expansion is being driven by new use cases for RNA-seq beyond traditional human biomedical research, including crop science and animal health.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, Segmentation by Geography
In this report, the Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Share (%), by Geographical Region
North America
North America leads the RNA sequencing market with a dominant 42% share. The region's stronghold is supported by high R&D spending, extensive academic and clinical adoption, and the presence of major NGS companies like Illumina and Thermo Fisher Scientific.
Europe
Europe holds a significant 28% share of the global RNA-seq market, backed by robust public health initiatives, expanding biopharma applications, and national genomic programs. Countries such as the UK and Germany are at the forefront of RNA sequencing innovation.
Asia Pacific
Asia Pacific is the fastest-growing regional market, with a share of around 20%. Government funding for genomics, growth in biotech startups, and rising academic interest in transcriptomics are fueling adoption in key countries like China, India, and Japan.
Middle East & Africa
Middle East & Africa comprise about 5% of the RNA-seq market, with growth emerging from infrastructure development and increased focus on genomic medicine. Institutions in the UAE and South Africa are beginning to adopt RNA sequencing for research and clinical applications.
Latin America
Latin America accounts for approximately 5% of the global market. Countries such as Brazil and Mexico are seeing steady increases in adoption, supported by rising public and private investments in genomic science and translational medicine.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing Use In Cancer Transcriptome Profiling
- Increased Demand For Precision Medicine Solutions
- Rising Research In Transcriptomic Biomarkers
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Technological Innovations In Sequencing Platforms - Advancements in sequencing technologies are significantly accelerating the adoption of NGS-based RNA sequencing. Enhanced systems now offer greater accuracy, throughput, and processing speed, enabling large-scale transcriptomic studies with improved data resolution. These innovations support a broader range of research applications and provide the foundation for faster, more precise genetic profiling.
Modern platforms incorporate features such as automated workflows, multiplexing, and reduced turnaround times, making RNA sequencing more accessible to laboratories of varying scales. Researchers benefit from higher reproducibility and simplified experimental setups, allowing for the analysis of complex RNA populations, including non-coding RNAs and alternative splicing events, with minimal technical errors.
The introduction of third-generation and single-molecule sequencing systems has further advanced transcriptomic capabilities. These platforms deliver full-length transcript reads and enhanced isoform detection, critical for in-depth biological analysis. Their ability to uncover subtle gene expression differences is transforming research in oncology, neurology, and immunology. As competition in the sequencing market intensifies, manufacturers are continuously innovating to deliver user-friendly, scalable, and integrated platforms. The push toward streamlined sequencing solutions is helping RNA sequencing become a standard tool in personalized medicine, drug discovery, and functional genomics.
Restraints
- High Cost Of Sequencing Instruments
- Data Analysis Requires Advanced Bioinformatics Skills
- Limited Access In Low-Resource Laboratories
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Concerns Over Sample Quality And Yield - One of the key limitations in NGS-based RNA sequencing is the challenge of obtaining high-quality RNA samples. RNA is highly sensitive to degradation, and even minor mishandling during extraction, storage, or transport can compromise data integrity. Poor sample quality leads to unreliable sequencing outcomes and increased error rates in downstream analysis.
Different tissue sources introduce further complications due to variability in RNA content and quality. This inconsistency necessitates customized extraction protocols and makes standardization difficult across large-scale or multi-center projects. The lack of uniformity hampers reproducibility and affects the clinical reliability of transcriptomic studies.
In studies involving limited or degraded samples such as biopsies or rare cell populations low RNA yield becomes a critical bottleneck. Insufficient quantities often require amplification, which can introduce biases and distort gene expression profiles. These technical hurdles make it harder to ensure consistent, high-fidelity results across experiments. Although ongoing improvements in sample preparation kits and stabilization techniques are reducing some risks, the challenge of preserving RNA quality remains. For clinical applications in particular, maintaining sample integrity throughout the diagnostic pipeline continues to be a major concern limiting wider adoption.
Opportunities
- Expansion Into Clinical Diagnostic Applications
- Integration With AI For Data Interpretation
- Growth In Single-Cell RNA Sequencing
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Strategic Collaborations To Develop Custom Panels - Strategic partnerships between biotech firms, research institutions, and diagnostic developers are creating significant growth opportunities in RNA sequencing. These collaborations aim to design custom RNA panels tailored to specific disease areas, improving the relevance and efficiency of sequencing applications across healthcare and biomedical research. Custom panels enable targeted analysis of disease-related gene sets, reducing data complexity and cost while enhancing diagnostic accuracy. These focused transcriptomic tools are increasingly used in oncology, infectious diseases, and neurobiology to accelerate clinical decision-making and research breakthroughs.
Partnerships facilitate faster development by combining complementary strengths such as access to patient cohorts, proprietary biomarkers, and advanced bioinformatics platforms. Together, these elements streamline validation processes, regulatory approvals, and eventual deployment in clinical settings. The result is more robust, scalable solutions that align with precision medicine goals. As healthcare continues shifting toward personalized approaches, demand for disease-specific RNA sequencing tools will grow. Collaborative development models will remain vital for delivering innovative, market-ready diagnostics that are both effective and scalable in diverse healthcare environments.
Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Competitive Landscape Analysis
Key players in Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market include:
- Illumina Inc
- Thermo Fisher Scientific Inc
- Qiagen NV
- Agilent Technologies Inc
- Oxford Nanopore Technologies Ltd
- Pacific Biosciences of California Inc
- Roche Holding AG
- BGI Group
- Genewiz
- 10x Genomics Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product and Service
- Market Snapshot, By Technology
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing Use In Cancer Transcriptome Profiling
- Increased Demand For Precision Medicine Solutions
- Rising Research In Transcriptomic Biomarkers
- Technological Innovations In Sequencing Platforms
- Restraints
- High Cost Of Sequencing Instruments
- Data Analysis Requires Advanced Bioinformatics Skills
- Limited Access In Low-Resource Laboratories
- Concerns Over Sample Quality And Yield
- Opportunities
- Expansion Into Clinical Diagnostic Applications
- Integration With AI For Data Interpretation
- Growth In Single-Cell RNA Sequencing
- Strategic Collaborations To Develop Custom Panels
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, By Product and Service, 2021 - 2031 (USD Million)
- Sample Preparation
- Sequencing Platforms and Consumables
- Sequencing Services
- Data Analysis
- Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, By Technology, 2021 - 2031 (USD Million)
- Sequencing By Synthesis
- Ion Semiconductor Sequencing
- Single-Molecule Real-Time Sequencing
- Nanopore Sequencing
- Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, By Application, 2021 - 2031 (USD Million)
- Expression Profiling Analysis
- Small RNA Sequencing
- De Novo Transcriptome Assembly
- Variant Calling and Transcriptome Epigenetics
- Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, By End User, 2021 - 2031 (USD Million)
- Research Centers and Academic & Government Institutes
- Hospitals & Clinics
- Pharmaceutical & Biotechnology Companies
- Others
- Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Next Generation Sequencing (NGS)-based Ribonucleic Acid (RNA) Sequencing Market, By Product and Service, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Illumina Inc
- Thermo Fisher Scientific Inc
- Qiagen N.V
- Agilent Technologies Inc
- Oxford Nanopore Technologies Ltd
- Pacific Biosciences of California Inc
- Roche Holding AG
- BGI Group
- Genewiz
- 10x Genomics Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market