Transfection Reagents and Equipment Market Projected to Reach at a CAGR of 7.8% by 2024
The "Global Transfection Reagents and Equipment Market" accounted to USD 716.2 million in 2016 growing at a CAGR of 7.8% during the forecast period of 2017 to 2024.
Global Transfection Reagents and Equipment Market By Product Type (Reagents, Equipments), By Method (Biochemical (Lipofection, Calcium Phosphate, Deae-dextran, Dendrimers), Physical (Electroporation, Nucleofection, Sonoporation, Genegun, Magnetofection, Optoinjection), Viral (Adenoviruses, Retroviruses, Adenoassociated viruses)), By Application (Biomedical Research (Gene Expression Studies, Cancer Research, Transgenic Models), Protein Production, Therapeutic Deliver), By End User (Pharmaceutical & Biotechnology Companies, Academics, Research Laboratories) By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Transfection is process which includes the production of genetically modified cells from nucleic acid. The process has its application in mutation of cancel cells, and protein metabolism. The equipments are used for investigating studies for gene function and gene modulation.
Major market drivers and restraints: Global Transfection Reagents and Equipment Market
- Increasing prevalence of cancer
- R&D investments by pharmaceutical & biotechnological companies
- Technological advancement in tranfection reagents and equipments
- High initial costs for transfection agents
- Selective effectiveness of transfection reagants
Market Segmentation: Global Transfection Reagents and Equipment Market
By Product Type (Reagents, Equipments), By Method (Biochemical (Lipofection, Calcium Phosphate, Deae-dextran, Dendrimers), Physical (Electroporation, Nucleofection, Sonoporation, Genegun, Magnetofection, Optoinjection), Viral (Adenoviruses, Retroviruses, Adenoassociated viruses)), By Application (Biomedical Research (Gene Expression Studies, Cancer Research, Transgenic Models), Protein Production, Therapeutic Deliver), By End User (Pharmaceutical & Biotechnology Companies, Academics, Research Laboratories)
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By product type the market for transfection reagents and equipment is segmented into reagents, equipments.
By method the transfection reagents and equipment market is segmented into biochemical, physical and viral. The biochemical segment is sub-segmented into lipofection, calcium phosphate, deae-dextran, dendrimers, physical segment is sub-segmented into electroporation, nucleofection, sonoporation, genegun, magnetofection, optoinjection and Viral segment is sub-segmented into adenoviruses, retroviruses, adenoassociated viruses.
On the basis of application the market is segmented into biomedical research protein production, therapeutic deliver. The biomedical research is sub-segmented into gene expression studies, cancer research, transgenic models.
On the basis of end-users the transfection reagents and equipment market is segmented into pharmaceutical & biotechnology companies, academics and research laboratories.
On the basis of geography, transfection reagents and equipment market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Competitive Analysis: Global Transfection Reagents and Equipment Market
The global transfection reagents and equipment market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transfection reagents and equipment market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Transfection Reagents and Equipment Market
Some of the major players operating in Thermo Fisher Scientific Inc, Promega Corporation, Qiagen N.V, F. Hoffmann-La Roche Ltd, Bio–Rad Laboratories, Inc., Maxcyte, Inc., Lonza Group Ltd., Merck KGaA, Polyplus-Transfection Sa, Mirus Bio LLC., Sigma-Aldrich Corporation among others
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