Uploaded on Nov 17, 2022
The report "Epigenetics Market by Product & Service (Enzymes (DNA-modifying Enzymes), Kits & Reagents (Antibodies), Software, Service), Method (DNA Methylation), Technique (NGS, PCR & qPCR), Application (Oncology, Immunology), End User - Global Forecast to 2027", was valued at USD 1.7 billion in 2022 and is expected to reach USD 3.9 billion by 2027 at a CAGR of 18.1% during the forecast period.
What Are The Aspects of Growth In Epigenetics Market?
MarketsandMarkets
Presents
Epigenetics Market worth $3.9 billion by 2027
https://www.marketsandmarkets.com/Market-Reports/epigenetics-technologies-market-896.
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The report "Epigenetics Market was valued at USD 1.7 billion in 2022 and is expected to reach
USD 3.9 billion by 2027 at a CAGR of 18.1% during the forecast period.
Browse 270 market data Tables and 39 Figures spread through 248 Pages and in-depth TOC on
"Epigenetics Market by Product & Service (Enzymes (DNA-modifying Enzymes), Kits & Reagents
(Antibodies), Software, Service), Method (DNA Methylation), Technique (NGS, PCR & qPCR),
Application (Oncology, Immunology), End User - Global Forecast to 2027“
The demand for epigenetic enzymes has elevated significantly over the years, particularly in drug
discovery and development. In addition, advancements technologies targeted towards
epigenetic analysis supplements this increased demand. Moreover, robust funding and
investment in epigenetics market, especially in PCR and NGS segments is expected to propel
market growth. The pace of R&D in innovative genetic technologies and epigenetics product
development has increased over the years, attributed to the high investments in turn driving the
market growth. However, variability within the reference epigenomes in heterogeneous sample
groups makes it difficult to employ epigenetics solutions in toxicology studies. This is expected to
restraint the market growth to a certain extent.
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Objectives of the Study:
• The kits & reagents segment dominated
Based on product & service, the global epigenetics market is segmented into kits &
reagents, enzymes, instruments and accessories, software, and service. Antibodies
is the highest revenue contributor of this segment, increasing adoption of antibodies
in detection, identification, and alteration/modification of proteins followed by their
role in monitoring cell regulation & expression, driving the segment growth. Broad
applications of antibodies in epigenetics research across different techniques such
as, immunofluorescence, western blotting, and ChIP has propelled various market
players to expand their product offerings around traditional as well as recombinant
antibodies.
• The DNA methylation segment has accounted for the highest share
• The cardiovascular diseases segment is expected to register the highest growth
• Asia Pacific has registered fastest growth rate
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This report categorizes the epigenetics market into the following
segments
By Product & Service
• Kits & Reagents
• Enzymes
• Instruments and Accessories
• Software
• Service
By Method
• DNA Methylation
• Histone Modifications
• Other Methods
By Application
• Oncology
• Metabolic Diseases
• Immunology
• Developmental Biology
• Cardiovascular Diseases
By End User
• Academic & Research Institutes
• Pharmaceutical & Biotechnology Companies
• Hospitals & Clinics
The epigenetics market is moderately consolidated with prominent players operating in
this market such as Thermo Fisher Scientific, Merck KGaA, Illumina, Inc., PacBio, Abcam
plc, Active Motif, Inc., Bio-Rad Laboratories, Promega Corporation, PerkinElmer, Qiagen,
New England Biolabs, Zymo Research Corporation, Diagenode, and F. Hoffmann-La
Roche Ltd and Among Others
Companies Insight
Illumina, Inc. (US) accounted for the largest share in the epigenetics market in 2021. Illumina,
Inc. is one of the prominent companies engaged in developing array-based solutions and
sequencing products targeted towards genetic applications. The company has been able to build
a strong customer base, which spans across pharmaceutical & biotechnology companies,
genomic research centers, and government laboratories & hospitals. Additionally, Illumina
exhibits monopoly in the NGS market, which offers the company a competitive edge to enter the
adjacent markets like epigenetic sequencing.
Thermo Fisher Scientific (US) ranked second in the epigenetics market in 2021. Strong brand
image of the company along with the diverse product portfolio is attributive to the company’s
share in the epigenetics market. Life Science has been a strong source of revenue stream for
Thermo Fisher Scientific through 2019 to 2021, the company offers epigenetics solutions
through its Life Science business segment. The acquisition of Life Technologies allowed it to
develop advanced solutions for functional analysis assays, sample preparation, sequencing, and
quantitative PCR (qPCR). Its diverse offers have strengthened its presence in epigenetics
research.
Merck KGaA (Germany) accounted for the third-largest share in the epigenetics market revenue
in 2021. The company offers an array of epigenetics assays and kits through the Life Science
Research business segment, which accounted for more than 45% of the company’s revenue
generated in 2021.
Contact Us
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Northbrook, IL 60062
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[email protected]
Press release:
https://www.marketsandmarkets.com/PressReleases/epigenetics-tec
hnologies.asp
Research insights:
https://www.marketsandmarkets.com/ResearchInsight/epigenetics-te
chnologies-market.asp
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