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. html 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. Download a PDF Brochure: https://www.marketsandmarkets.com/ 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 Speak to Analyst: https://www.marketsandmarkets.com/ 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 Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road, Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 [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 About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". 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