Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 7.34 Billion | USD 15.42 Billion | CAGR at 8.60% | 2023 |
The global Live Cell RNA Detection market size accrued earnings worth approximately USD 7.34 Billion in 2023 and is predicted to gain revenue of about USD 15.42 Billion by 2032, is set to record a CAGR of nearly 8.60% over the period from 2024 to 2032.
To determine genomic elements role in the cellular dysfunction and function and to study the gene expression patterns RNA detection is done. In the process of live cell RNA detection, the live cell is studied in order to understand the response of a cell within the population with its environment. For the further analysis, the cells are left intact and undisturbed in the live cell detection while detecting the specific microRNA and mRNA.
The global live cell RNA detection market is fragmented into techniques, application, and end user.
Based on the techniques, the global market is segregated into linear oligonucleotide probe, autoignition FRET probe, MS2-GFP, lN-GFP, spinach RNA tracking system, linear FRET probe, a molecular beacon, Bgl-mCherry, and PUM-HD.
On the basis of application, the market is categorized into diagnostics, drug discovery, and research and development.
Based on the end user, the market is divided into biotechnology companies, clinical research organizations, and academic institutes.
In the coming years, the market for the live cell RNA detection will grow significantly. The factors that are responsible for this growth are the increased use of the RNA detection techniques in the genetic disorder detection and the rise in the cases of cancer diseases. The drawback of the conventional techniques is that they do not provide crucial temporal and spatial information which is possible in the live cell RNA detection technique thus increasing the demand of the market. Various regulatory and government bodies are providing funds which aid in the development of the market.
There are certain factors that are affecting the market growth in the negative way which includes stringent rules that are imposed and regulatory guidance by the U.S. FDA, lack of the skilled professionals that can perform the detection, and the involvement of the high cost that is required for the devices and the reagents.
Report Attributes | Report Details |
---|---|
Report Name | Live Cell RNA Detection Market Research Report |
Market Size in 2023 | USD 7.34 Billion |
Market Forecast in 2032 | USD 15.42 Billion |
Growth Rate | CAGR of 8.60% |
Number of Pages | 196 |
Key Companies Covered | BioTek Instruments, Inc., Agilent Technologies Inc., Promega Corporation, Advanced Cell Diagnostics, Inc., Merck KGaA, Thermo Fisher Scientific, Inc., MilliporeSigma, Biomol GmbH, and Qiagen Diagnostics. |
Segments Covered | By Techniques, By Application, By End user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Regional diversification of the live cell RNA detection market is given as follows Asia Pacific, Latin America, the Middle East & Africa, Western Europe, Eastern Europe, and North America. In terms of revenue, the regional market that is dominating the live cell RNA detection market is the North America. In the coming years, the market in the North America will grow speedily due to the availability of experienced personnel and the advancements that are made in the laboratory infrastructure.
North America is followed by Europe which has registered a good market growth. The live cell RNA detection market in Asia Pacific region has a large number of opportunities in the market and is expected to grow significantly in the coming years. The factors contributing to this growth is the increasing support by the government and the growing research and development activities.
The key market players that are involved in the live cell RNA detection market include:
By Techniques
By Application
By End user
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