Gene Expression Analysis Market Growing at a CAGR of 9.5% Till 2024
The report “Global Gene Expression Analysis Market to 2024” accounted to USD 3.50 billion in 2016 growing at a CAGR of 9.5% during the forecast period of 2017 to 2024.
Short Description of Global Gene Expression Analysis Market:
Global Gene Expression Analysis Market By Consumables (Reagents, DNA Chips), Technology (Polymerase Chain Reaction, Next-Generation Sequencing, DNA Microarray, Serial Analysis of Gene Expression, Northern Blotting), Application (Research, Drug Discovery, Diagnostics), Application (Gene Expression Profiling Services, Sequencing Services, Bioinformatics Solutions), End-User, Geography – Industry Trends and Forecast to 2024
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Report Definition:
The gene expression is the method used for extracting data from a gene which will be used for the production of a practical gene product. With the help of gene expression, the genetic code reserved in DNA can be calculated. The research can be used for the classification of the diseases, which led its wide range of applications such as pharmacogenomics, diagnostics, biomarkers, and toxicology.
Competitive Analysis:
The global gene expression analysis 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 gene expression analysis market for global, Europe, North America, Asia Pacific and South America.
Top Players:
Some of the major players operating in gene expression analysis market are
- General Electric
- Danaher
- Thermo Fisher Scientific Inc.
- Hoffmann-La Roche Ltd
- Illumina, Inc.
- QIAGEN
- Merck & Co., Inc.
- Agilent Technologies
- Bio-Rad Laboratories, Inc.
- Genotypic Technology Pvt Ltd
- QIAGEN, Macrogen, Inc.
- Eurofins Scientific
- PerkinElmer Inc.
- Personalis Inc.
- Novogene Corporation
- SciGenom Labs Pvt. Ltd
- TAKARA HOLDINGS INC.
- Kohlberg Kravis Roberts & Co. L.P.
- GENEWIZ
- Agilent Technologies
- Genomatix GmbH
- Pacific Biosciences of California, Inc.
- Biomatters Limited
- Strand Life Sciences Pvt. Ltd
- DNASTAR, Inc.
- New England Biolabs among others.
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Segmentation of Gene Expression Analysis Market:
By consumables the global gene expression analysis market is segmented into reagents, and DNA chips.
On the basis of technology the global gene expression analysis market is segmented into polymerase chain reaction, next-generation sequencing, dna microarray, serial analysis of gene expression, and northern blotting.
On the basis of application the global gene expression analysis market is segmented into research, drug discovery, and diagnostics.
On the basis of services the global gene expression analysis market is segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.
On the basis of end-user the global gene expression analysis market is segmented into pharmaceutical & biotechnology companies, academic & research institutes, contract research organizations, and other end users.
On the basis of geography, global gene expression analysis 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.
Major Market Drivers and Restraints:
- Declining Cost Of Sequencing
- Rise in The Amount Of Cancer Patients
- Convenience Of More Government Funds
- Obtainability Of Gene Expression Databases
- Higher Prices Of Instruments
- Dearth Of Skilled Professionals
- Emerging Economies
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