The major factors driving the growth of the gene expression analysis market include decreasing cost of sequencing, rising prevalence of cancer, growing application areas of genomics, and the availability of gene expression databases.
The report Gene Expression Analysis Market is expected to reach USD 4.9 billion by 2023 from USD 3.2 billion in 2018, at a CAGR of 8.8%.
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Market Segmentation:-
On the basis of products and services, the global Gene Expression Analysis Industry has been segmented into consumables (reagents, DNA chips), Instruments (PCR, NGS, Microarray, others), and services (gene expression profiling services, bioinformatics solutions). The consumables segment is estimated to command the largest share of the market in 2018 and is also projected to register the highest CAGR.
Based on end user, the market has been segmented into pharmaceutical and biotechnology companies, academic institutes and research centers, and other end users. The pharmaceutical and biotechnology companies segment is expected to command the largest share of 54.8% of the market in 2018.
Recent Developments
- In January 2017, Biorad acquired of RainDance Technologies, a droplet-based PCR systems manufacturer. RainDance Technologies has a more focused portfolio, primarily known for its droplet-based technologies for digital PCR (dPCR).
- In March 2016, Thermo Fisher Scientific completes acquisition of Affymetrix, a leading provider of cellular and genetic analysis products.
Regional Analysis:-
Geographically, North America is expected to dominate the global gene expression analysis market in 2018, while the Asia Pacific region is expected to register the highest CAGR during the forecast period.
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Top Key Players:-
The major players operating in the Gene Expression Analysis Industry include Illumina, Inc. (US), Thermo Fisher Scientific, Inc. (US), and Bio-Rad Laboratories, Inc. (US) are the key players in the gene expression analysis market.
The major factors driving the growth of the gene expression analysis market include decreasing cost of sequencing, rising prevalence of cancer, growing application areas of genomics, and the availability of gene expression databases.The global Gene Expression Analysis Market is expected to reach USD 4.9 billion by 2023 from USD 3.2 billion in 2018, at a CAGR of 8.8%.Ask for PDF Brochure: -https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=156613968Market Segmentation: - On the basis of products and services, the global gene expression analysis market has been segmented into consumables (reagents, DNA chips), Instruments (PCR, NGS, Microarray, others), and services (gene expression profiling services, bioinformatics solutions).
The consumables segment is estimated to command the largest share of the market in 2018 and is also projected to register the highest CAGR.
The high growth in this segment can be attributed to the growing decreasing sequencing costs leading to increased adoption of sequencing and other gene expression analysis techniques.Based on end user, the market has been segmented into pharmaceutical and biotechnology companies, academic institutes and research centers, and other end users.
The pharmaceutical and biotechnology companies’ segment is expected to command the largest share of 54.8% of the market in 2018.
The large share and high growth of this segment can be attributed to factors such as high volume of research studies involving gene expression analysis and huge capital for high end analysis instruments and consumables.Regional Analysis: -Geographically, North America is expected to dominate the global gene expression analysis market in 2018, while the Asia Pacific region is expected to register the highest CAGR during the forecast period.
The high growth in this region can be attributed to domestic manufacturing of sequencing systems, western partnerships to improve healthcare, high R intensity, government focus on cancer and other life science research, and flourishing bioresearch centers.Request for Sample Pages:-https://www.marketsandmarkets.com/requestsampleNew.asp?id=156613968Top Key Players:-The major players operating in the gene expression analysis market include Illumina, Inc. (US), Thermo Fisher Scientific, Inc. (US), and Bio-Rad Laboratories, Inc. (US) are the key players in the gene expression analysis market.
Gene Expression Analysis Market Research Report: Information by Product (Consumables & Instruments), Service (Gene Expression Profiling & Others), Application (Drug Discovery & Others), End User (Academic, Research Institutes & Others) - Forecast till 2027As per Market Research Future (MRFR) analysis, the global gene expression analysis market is estimated to hold a market value of USD 3.250 million with a CAGR 9.1% from 2018 to 2023 (forecast period).
Synthesizing functional gene products like functional RNAs and protein species provides insights into how an intact organism survives when a particular gene is missing.Market DynamicsPersonalized medicine is becoming more popular, with an increasing number of genetic disorders.
In addition, increasing awareness of personalized medicine is expected to drive growth over the forecast period.
Moreover, the advancement of genomic databases increased government support for genomics, and growth in personalized medicine is likely to drive the market.
However, the shortage of skilled labor and the high cost of instruments may inhibit market growth during the forecast period.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7805 Market SegmentationThe global market for gene expression analysis has been segmented into product, consumables, instruments, services, application, and end-user.Based on the product, the global market for gene expression analysis has been segmented into consumables and instruments.Based on consumables, the global market for gene expression analysis has been further segmented into reagents and DNA chips.Based on instruments, the global market for gene expression analysis has been further segmented into next-generation sequencing (NGS), polymerase chain reaction (PCR), microarray, Sanger sequencing, and others.Based on services, the global market for gene expression analysis segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.Based on the application, the global market for gene expression analysis has been segmented into drug discovery, diagnosis, research, and others.Based on end-user, the global market for gene expression analysis has been segmented into academic & research institutes, pharmaceutical & biotechnology companies, contract research organizations, and others.Regional AnalysisRegionally, the global market for gene expression analysis has been segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa.The Americas are predicted to dominate the global market for gene expression analysis due to increasing research activities and the increasing popularity of gene expression tests.
In addition, the well-developed healthcare sector is predicted to improve the American market for gene expression analysis.Europe is predicted to hold the second-largest position in the global market for gene expression analysis.
It is an indicator of biological activity of changing gene expression pattern, this is a widely used the approach in research, clinical and pharmaceutical to understand individual gene.
It is the study of gene products by imaging, amplification, probe hybridization or sequencing-based detection methods.
With the help of gene expression, the genetic code on a DNA can be studied.
Latest released the research study on Global Gene expression analysis Market, offers a detailed overview of the factors influencing the global business scope.
Gene expression analysis Market Data Breakdown and Market Segmentation: by Type (Consumables (Reagents, DNA Chips), Instruments (PCR, NGS, Microarray)), Application (Diagnostics, Pharmacogenomics, Toxicology, Compare Expression Levels of One or More Genes from Biomarkers), Techniques Types (Absolute Quantitation Techniques (Serial Analysis of Gene Expression), Microarrays), Service Types (Gene Expression Profiling Services, Bioinformatics Solutions) What's Trending in Market:Real-Time PCR Has Risen As the Most Popularly Used Approach in StudiesChallenges:Lack of Skilled Labor Is Become Hurdle For Innovations in FirmRestraints:High Cost of Instrument Will Lead To Decline the MarketMarket Growth Drivers:Decreasing Cost of SequencingHigh Availability of Gene Expression DatabasesGrowing Application Areas of Genomics Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & AfricaCountry Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
– Latest industry influencing trends and development scenario – Open up New Markets – To Seize powerful market opportunities – Key decision in planning and to further expand market share – Identify Key Business Segments, Market proposition & Gap Analysis – Assisting in allocating marketing investments Strategic Points Covered in Table of Content of Global Gene expression analysis Market:Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Market Keyword without Region marketChapter 2: Exclusive Summary – the basic information of the Gene expression analysis Market.Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Gene expression analysisChapter 4: Presenting the Gene expression analysis Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020Chapter 6: Evaluating the leading manufacturers of the Gene expression analysis market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company ProfileChapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source Finally, Gene expression analysis Market is a valuable source of guidance for individuals and companies in their decision framework.
19 February 2020 - The global Gene Expression Market is estimated to reach USD 11.3 billion by 2025.
Market is also expected to grow at a decent rate over the forecast period driven by rising number of cancer patients, facilities for financial funding, decreased cost of sequencing, and high concentration on research & development.
In emerging economies, the industry offers advantageous opportunities for growth with rising concentration on adoption and precision as well as personalization in medicines.
However, currency devaluation in developing economies and initial capital investment of different instruments are considered as restraint as well as challenge for the industry.The gene expression is a set of steps for a functional genetic code product occur in the synthesis, with the support of the data coded on genes.
The process is prominent in multi cellular organisms as well as bacteria such as eukaryotes or prokaryotes, which ensure the creation of machinery macro molecular of their life.Request a Sample Copy of This Report @ https://www.millioninsights.com/industry-reports/gene-expression-analysis-marketIn context with the consumables of gene expressions, the industry is classified into DNA chips and reagents.
Aforementioned factor would drive the demand for profiling services over the forecast period.The genetic code expression includes translation and transcription process.
Global Gene Expression Analysis Market is valued at USD 3219.8 Million in 2018 and expected to reach USD 5889.6 Million by 2025 with the CAGR of 9.01% over the forecast period.Increasing adoption of targeted molecular therapy for the treatment of chronic diseases, such as cancer, tuberculosis, and cardiovascular and genetic disorders as well as the growing demand for personalized medicines with rising geriatric populations are some of the major factors driving the growth of Global Gene Expression Analysis Market.Scope of Global Gene Expression Analysis Market Report–Gene expression analysis is a process of providing the valuable insight identification and verification of biomarker signature in normal biological and disease.
The research generates the information about the changes of molecular function in phenotype, intracellular localization and other changes that have caused the disease.
In addition to this, the researcher from National Center for Geriatrics and Gerontology has found that genes change connections between proteins, called protein domain networks (PDNs), are being significantly associated with neurodegeneration in Alzheimer's disease.Get Sample of This Report@ https://industrystatsreport.com/Request/Sample?ResearchPostId=12814=Sample Key players for Global Gene Expression Analysis Market Report–Global Gene expression analysis market reports cover prominent players like F. Hoffmann-La Roche, Agilent Technologies, BGI, Bio-Rad Laboratories Inc., Pacific Biosciences, Eurofins Scientific, GE Healthcare, Illumina, Inc., Oxford Gene Technology, Perkinelmer Inc., Qiagen N.V., Thermo Fisher Scientific and others.The global gene expression analysis market is segmented on the basis of product type, services, end-user and region & country level.
On the basis of end-user, the market is segmented into pharmaceutical and biotech companies, academic institutes and research centers and others.The regions covered in global gene expression analysis market report are North America, Europe, Asia-Pacific and Rest of the World.
On the basis of country level, Global gene expression analysis market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.Global Gene Expression Analysis Market Dynamics–The key factor for growth of global gene expression analysis market is increasing adoption of targeted molecular therapy for treatment of chronic diseases, such as cancer, tuberculosis, and cardiovascular and genetic disorders as well as the growing demand for personalized medicines with rising geriatric populations.
For example, according to Federation of Indian Chambers of Commerce & Industry (FICCI), India has shortage of nearly 80% of Doctorate, production staff shortage of 18% in the biotechnology sector and post doctorate scientists, a 20% shortage of people with a master’s degree.
