Towards Healthcare
Transcriptomics Technologies Market Soars USD 12.79 Billion by 2034

Transcriptomics Technologies Market Growth with Opportunities and Segment Analysis

Market insights predict, the transcriptomics technologies industry is expected to grow from USD 7.01 billion in 2024 to USD 12.79 billion by 2034, driven by a CAGR of 6.24%. The transcriptomics technologies market is growing rapidly because of the growing focus on the development of omics-based therapeutics. North America is leading the market because of its focus on advancing in molecular biology-based healthcare services.

Category: Biotechnology Insight Code: 5769 Format: PDF / PPT / Excel

Transcriptomics Technologies Market Size, Share and Top Key Players

The global transcriptomics technologies market size is calculated at US$ 7.01 in 2024, grew to US$ 7.44 billion in 2025, and is projected to reach around US$ 12.79 billion by 2034. The market is expanding at a CAGR of 6.24% between 2025 and 2034.

New technologies and shifting market conditions are driving the rapid adoption of transcriptomics in clinical and scientific settings, marking a watershed in the field's evolution. Since gene expression analysis is becoming more and more significant in biomedical research and personalized medicine initiatives, stakeholders hoping to maintain or improve their competitive advantage must be aware of the current state of affairs.

Each of the well-known companies that make up the transcriptomics sector has unique advantages over the competition. Well-known sequencing giants still leverage economies of scale and extensive service networks to drive advancements in platform performance and reagent quality.

Transcriptomics Technologies Market Size 2024 - 2034

Key Takeaways

  • Transcriptomics technologies industry poised to reach USD 7.01 billion in 2024.
  • Forecasted to grow to USD 12.79 billion by 2034.
  • Expected to maintain a CAGR of 6.24% from 2025 to 2034.
  • North America dominated the transcriptomics technologies market share in 2024.
  • Asia Pacific is expected to be the fastest-growing region during the forecast period.
  • By product type, the analyzers segment held the largest revenue of the market in 2024.
  • By product type, the software segment is expected to grow at the fastest CAGR during the forecast period.
  • By technology, the next-generation sequencing segment dominated the market in 2024.
  • By technology, the polymerase chain reaction segment is estimated to grow at a significant CAGR during the forecast period.
  • By application, the drug discovery and research segment dominated the market in 2024.
  • By application, the diagnostics segment is expected to be the fastest-growing during the forecast period.
  • By end-user, the pharmaceutical and biotechnology companies segment dominated the transcriptomics technologies market in 2024.
  • By end-user, the academic research and government institutes segment is expected to be the fastest-growing during the forecast period.

Key Metrics and Overview

Metric Details
Market Size in 2025 USD 7.44 Billion
Projected Market Size in 2034 USD 12.79 Billion
CAGR (2025 - 2034) 6.24%
Leading Region North America
Market Segmentation By Product Type, By Technology, By Application, By End-Use, By Region
Top Key Players Illumina, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., QIAGEN N.V., 10x Genomics, Inc., Bio-Rad Laboratories, Inc., Roche Holding AG, Pacific Biosciences of California, Inc., Oxford Nanopore Technologies Limited, Fluidigm Corporation

What are Transcriptomics Technologies?

An organism's transcriptome, or the whole of its RNA transcripts, may be studied using transcriptomics technology. By using transcriptomics approaches, scientists may investigate the complex transcriptome landscapes in a variety of biological settings. By revealing molecular pathways, regulatory mechanisms, and patterns of gene expression, these methods greatly advance our knowledge of biological processes. Additionally, they aid in the development of novel medicines, therapeutic targets, and biomarkers for a range of illnesses. Transcriptomics continues to develop with new tools and uses, making it a promising topic that might help us better understand life and health.

  • In May 2025, Accel made a $12 million Series A investment in Biostate AI, an innovative firm that blends artificial intelligence with RNA sequencing. The company now has more than $20 million in total capital thanks to this investment. The new investment will accelerate Biostate AI's efforts to make precision medicine more affordable and accessible, starting with the statewide rollout of RNA sequencing (RNAseq) services for molecular research. (Source - Community.hlth)
  • In August 2024, in a Seed+ round, Talus Bioscience secured $11.2 million in fresh venture capital. The funds will be used to further Talus Bio's therapeutic initiatives, which include targeting an undruggable transcription factor linked to prostate cancer and brachyury-driven malignancies. (Source - DDW)

AI Integration in the Transcriptomics Technologies Market

Artificial intelligence (AI) technologies used in transcriptome analysis meet the need for accurate results and efficient processing. It expands the applications of transcriptomic technology in cancer research, specifically. AI-assisted transcriptome analysis has proven to be highly effective in predicting therapeutic response and exploring the underlying processes of drug resistance and immunotherapy toxicity, with important implications for cancer treatment. AI can adequately meet the growing need for transcriptome analysis. AI tools can improve decision-making and discovery with little human intervention.

Market Dynamics

Driver

Single-Cell Technology Advancements

Single-cell transcriptomics has revolutionized the global transcriptomics business by facilitating the comprehensive study of gene expression at the individual cell level. This subject is rapidly gaining popularity as researchers aggressively search for ways to comprehend cellular heterogeneity in a range of diseases, such as cancer and neurological disorders. The growing prevalence of cancer fuels this trend and contributes to the growth of the transcriptomics market as single-cell transcriptomics is essential for understanding tumor complexity and developing customized treatments.

Restraint

High Cost Associated with Transcriptomics

Next-generation sequencing and RNA sequencing are costly procedures.   Certain processes, including DNA or RNA separation, library preparation, sequencing chemicals, data analysis, and storage, are believed to be used to carry out these operations. To conduct such a study, it is imperative to have trained professionals who have undergone the required technique maintenance training. As a result, ambiguous transcriptomics research and high maintenance costs make it challenging to exchange technical knowledge about this industry.

Opportunity

How is Investment in Research Beneficial for Transcriptomics Growth?

The increase in funding for genomic research is a major factor in the market expansion for transcriptomics technology. The significance of genomics in promoting customized treatment and cutting-edge healthcare solutions is becoming more widely acknowledged by governments, the commercial sector, and academic institutions. Increased financing for research projects enables the creation of novel transcriptomics techniques and applications, opening the door for discoveries that have the potential to completely transform approaches to illness prevention and treatment.

Segmental Insights

Why the Analyzers Segment Dominated the Market in 2024?

By product type, the analyzers segment domiated the transcriptomics technologies market in 2024. In-depth knowledge of intricate regulatory processes and fresh perspectives on cellular activities are provided by transcriptomic data analysis, a potent research tool that offers thorough insights into gene expression patterns in biological systems. Fast, accurate, and reasonably priced solutions are offered by the transcriptomic data analysis services for the investigation of gene expression data.

By product type, the software segment is estimated to be the fastest-growing in the transcriptomics technologies market during 2025-2034. Software is crucial for data analysis and interpretation, particularly for scholars attempting to glean insights from huge, complex data sets. Bioinformatics technologies, which include both commercial and open-source software, enable spatial mapping of gene expression and 3D visualization. The development of analytical databases, cloud-based storage, and imaging technology allows for deeper understandings of tissue architecture and disease pathophysiology.

What made the Next-Generation Sequencing Segment Dominant in 2024?

By technology, the next-generation sequencing segment held the largest share of the transcriptomics technologies market in 2024. One of the most obvious applications of NGS technology platforms is genome sequencing. Thanks to the NGS revolution, large-scale genome sequencing now takes a lot less time and money. The NGS technique for de novo sequencing thus becomes quite interesting. NGS provides genome-level, objective, high-throughput, and cost-effective analytical methods.

By technology, the polymerase chain reaction segment is estimated to grow significantly in the transcriptomics technologies market during the upcoming timeframe. One of the key technologies driving this transformation is the Quantitative Polymerase Chain Reaction (qPCR). Despite being very sensitive and quantitative, the qPCR approach is most effective when analyzing a small number of transcripts in a large collection of samples. In the domains of qPCR and transcriptomics, new techniques and technologies are constantly being created.

Which Application Dominated the Market in 2024?

By application, the drug discovery and research segment led the transcriptomics technologies market in 2024. Pharmaceutical, therapeutic, medical, and biological research are all making extensive use of high-throughput RNA-sequencing and gene expression microarrays. RNA-seq has a much greater detection flow at a reduced cost thanks to advancements in analytical procedures and detection technologies, which makes it a useful tool for biomarker identification and drug development. scRNA-seq is more accurate and efficient than normal RNA-seq, and gene expression pattern analysis at the single-cell level can provide more information for medication and biomarker development.

By application, the diagnostics segment is expected to be the fastest-growing in the transcriptomics technologies market during the forecast period. Because it allows for the discovery of biomarkers and offers insights into disease causes, transcriptomics the study of the entire collection of RNA transcripts in a cell is a useful diagnostic tool.  It aids in predicting therapy response, comprehending how gene expression varies throughout illness, and maybe locating novel therapeutic targets.

Why Pharmaceutical and Biotechnology Companies Segment Dominated in 2024?

By end-user, the pharmaceutical and biotechnology companies segment was dominant in the transcriptomics technologies market in 2024. Biotechnology and pharmaceutical companies are increasingly using transcriptomics, the study of a cell's whole collection of RNA transcripts, to enhance drug discovery, individualized therapy, and development. Scientists may better understand the origins of diseases, identify potential therapeutic targets, and predict how well patients will respond to therapies by using transcriptomics, which reveals patterns of gene expression.

By end-user, the academic research and government institutes segment is expected to grow at the highest CAGR in the transcriptomics technologies market during the forecast period. Research organizations are essential parts of autonomous academic research institutes as well as corporations. As targets are obtained from cell analysis, next-generation sequencing is mostly used in research to find biomarkers and create medications.  Research groups also have an obligation to look into new ways to improve molecular diagnostic skills and technologies.

Regional Insights

What Major Factors are Responsible for North America's Dominance?

North America dominated the transcriptomics technologies market in 2024. Due in large part to its extensive public and private investment, emphasis on research and development, and advanced healthcare system. Thus, having leading biotechnology, pharmaceutical, and genomic companies that drive transcriptomic technology improvements benefits the region. North America's advantage in genetic research and customized treatment might be further enhanced by Illumina's partnership with the Harvard and MIT Broad Institute to extend single-cell sequencing, for instance.

The U.S. Transcriptomics Technologies Market Trends

In recent decades, the biotechnology industry in the U.S. has grown at an unparalleled rate, establishing itself as a vital component of the country's economy. In addition to spurring scientific advancement, this boom has produced significant economic advantages, including diversification of the market, greater investment, and job creation.

The Canada Transcriptomics Technologies Market Trends

The biotechnology industry in Canada is expanding, and it ranks among the top countries in the world. To provide innovative solutions for agriculture, the environment, and health, the biotechnology industry in Canada blends business and science. Due to entrepreneurship, government support, and strong academic standards, Canada's biotechnology industry has expanded dramatically in recent years.

Government Initiatives are Driving Asia Pacific

Asia Pacific is estimated to host the fastest-growing transcriptomics technologies market during the forecast period. To counteract the increased prevalence of cancer, government initiatives and healthcare facilities are spreading throughout the Asia-Pacific region. Transcriptomics is a crucial technique for improving patient outcomes and precision medicine in the region due to its dense population and growing incidence of chronic diseases. China, India, and Japan are at the forefront of this movement, increasing funding for biotechnology research and fostering a closer connection between academia and industry. In this sense, there is a substantial market for transcriptomics development in the Asia-Pacific area.

The China Transcriptomics Technologies Market Trends

Domestic biotech innovation has been a focus of recent Chinese government efforts.  The expansion of the industry has been greatly aided by a new national plan.  Subsidies, financial incentives, research parks, start-up incubators, talent recruiting programs, public-private collaborations, and measures to improve IP protection and speed up drug review are some of the drivers driving growth. China has established a number of benchmarks and objectives for the sector, including boosting biotech industrialization, developing a biotech innovation platform, and boosting biotech's uniqueness through new products and technology.

The India Transcriptomics Technologies Market Trends

With over 4 percent of the global biotech market and notable strengths in agricultural biotechnology, bio-pharmaceuticals, and vaccines, India's biotechnology sector is rapidly emerging as a major driver of both scientific and economic progress.   The National Biotechnology Development Strategy (NBDS) 2021–2025 and other strategic government initiatives that foster an environment that is conducive to investment, research, and innovation are helping to promote this expansion.

Growing Research is Driving Europe

Europe is expected to grow significantly in the transcriptomics technologies market during the forecast period. In this sector, Germany, the UK, and France lead Europe, which also has a sizable market share. Numerous transcriptomics and genomic research initiatives are to blame for this. Academic institutions, biotech companies, and other comparable organizations are also increasingly working together regionally to identify biomarkers and create RNA-targeted drugs.

The Germany Transcriptomics Technologies Market Trends

Both new, promising businesses and well-established biotech enterprises have grown in Germany's biotech sector. The turnover and R&D expenditures of German biotechnology companies have therefore skyrocketed. Germany is a desirable alternative for Wisconsin companies involved in the biotech and pharmaceutical industries due to the country's robust biotech sector and significant pharmaceutical import volume.

The UK Transcriptomics Technologies Market Trends

The UK is home to several biotech hotspots and is a major player in biotech innovation. In fact, after an £800 million surge in funding in the third quarter of 2023, the UK biotech scene is now one of the most dynamic in Europe. In May 2023, the UK government said that £650 million would be allocated to the life sciences sector as part of a package called "Life Sci for Growth." The package also contained plans to rename the Academic Health Science Network as Health Innovation Networks. By bringing together academia, industry, nonprofits, local communities, and the NHS to share best practices, this project seeks to promote innovation.

Top Companies in the Transcriptomics Technologies Market

Transcriptomics Technologies Market Companies

Latest Announcements by Industry Leaders

In February 2024, Parse Biosciences announced a significant enhancement to its flagship EvercodeTM Whole Transcriptome solutions. After taking into account feedback from customers, Charlie Roco, CTO and co-founder of Parse Biosciences, said, with this new version, we believe we're giving researchers tools that are unmatched in their sensitivity, scalability, and flexibility. We have been working to democratize and make single-cell research more accessible since the outset, and Evercode has received positive feedback from the scientific community.

(Source - Parsebiosciences)

Recent Developments in the Transcriptomics Technologies Market

  • In February 2025, a new spatial transcriptomics technology initiative introduced by Illumina, Inc. would enable scientists to map intricate tissues and comprehend cellular function on a never-before-seen scale. It is anticipated that the launch would spur the growth of spatial research and open up hitherto unattainable applications and experiments. (Source - Illumina)
  • In April 2024, with its cutting-edge RNA-Seq products, Lexogen, a biotech firm committed to promoting RNA research, is happy to present solutions tailored for transcriptomics from difficult FFPE samples. (Source - Lexogen)

Segments Covered in the Report

By Product Type

  • Analyzers
  • Reagent Kits
  • Software

By Technology

  • Microarrays
  • Gene Regulation Technologies
  • Polymerase Chain Reaction
  • Next-Generation Sequencing

By Application

  • Clinical
  • Diagnostics
  • Toxicogenomics
  • Comparative transcriptomics studies
  • Drug discovery and research
  • Bioinformatics

By End-Use

  • Academic Research and Government Institutes
  • Hospitals and Diagnostic Centers
  • Pharmaceutical and Biotechnology companies

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 25 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Shivani Zoting is a dedicated research analyst specializing in the healthcare industry. With a strong academic foundation, a B.Sc. in Biotechnology and an MBA in Pharmabiotechnology, she brings a unique blend of scientific understanding and strategy.

Learn more about Shivani Zoting

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The transcriptomics technology market is projected to grow from USD 7.44 billion in 2025 to USD 12.79 billion by 2034 at a 6.24% CAGR, signaling robust long-term investment potential.

Next-generation sequencing (NGS) and single-cell RNA sequencing are leading disruptions, enabling faster, cheaper, and more precise analysis.

Trends include the rise of AI-integrated transcriptomic platforms, cloud-based data analytics, precision oncology, and single-cell technology advancements.

AI enhances transcriptomic analysis by offering scalable, automated insights into gene expression patterns, predicting drug response, and identifying biomarkers.

High costs of sequencing platforms and complex data analysis requirements remain key challenges

The market is highly competitive, dominated by players like Illumina, Thermo Fisher, QIAGEN, and 10x Genomics

North America leads due to robust funding, R&D infrastructure, and major biotech players.