Research Methodology – NGS-based RNA-Sequencing Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the NGS-based RNA-Sequencing Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the NGS-based RNA-Sequencing Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Available technology and innovation in NGS-based RNA sequencing methods
- Increasing demand and application in the research and medical field
- Analysis of revenue generated by the sales of NGS-based RNA sequencing instruments, reagents, services, etc.
- Estimating the number of potential customers or users
- Regional markets and their specific demands and adaptations
- Investment in research and development in the genomics field
- Government funding and support for genomics research
- The impact of competitors and their market share
- The growth rate of the biotechnology and bioinformatics field
- Changes in prices of sequencing hardware and reagents
Key Market Indicators
- Annual sales revenue
- Numbers of new and existing customers
- Growth rates of market segments
- Investment in R&D in genomics
- Pricing trends of sequencing equipment and services
- Technological advancements in NGS and RNA sequencing
- Funds allocation by government bodies in genomics research
- Market share of key competitors
- Patent trends in genomics
Growth Trends
- Increasing demand for personalized medicine and diagnostics
- Progress in the field of precision medicine
- Growth of the bioinformatics field and its applications in NGS
- Integration of artificial intelligence and machine learning in genomics
- Growth in the adoption of NGS technology for clinical applications
- Increased funding in genomics research
- Continuous innovation and development in RNA sequencing methodologies
- The rise in genetic disorders and the need for genomic research
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the NGS-based RNA-Sequencing Market. Key inputs include:
Company-Level Information
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
Industry and Government Sources
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the NGS-based RNA-Sequencing Market
Market Intelligence Sources
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
Macro & Consumer Insights
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
Expert Insights & KOL Engagements
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
Focused Discussions & Panels
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
Data Validation & Business POV
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
Forecasting is carried out using proprietary models that combine:
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights