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Global Epigenetics Market Share, Growth Rate, Rising Healthcare Opportunity and Demand

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Rohit Kamble
Global Epigenetics Market  Share, Growth Rate, Rising Healthcare Opportunity and Demand

Global Epigenetics Market Information; by Instruments (NGS, spectrometer, PCR, software solutions and others), by Consumables (kit, enzymes, reagent, and others), by Application (oncology, developmental biology, drug discovery, cardiology, immunology and others), by Technology (methylation, histone modification and others), by End Users (academia and research, pharmaceutical and biotechnology industry and others) - Forecast to 2023

Market Scenario:

Epigenetics is the analysis and study of heritable changes in gene function not involving changes in the DNA sequence such as changes in a chromosome, phenotypic affecting gene activity, and expression.

The global epigenetics market is valued at USD 800 million in 2016 and is expected to expand at a 12.9 % CAGR during the study period of 2016 to 2023.

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Technology Development Is Expected To Drive A Faster Market Adoption

The development of highly sensitive and selective tests, instrumentation and a concurrent rise in computational power is driving a broad adoption. The advancements such as the development of DNA and RNA modifying enzymes such as acetylases, methyltransferases, reverse transcriptase, ligases, and other protein-modifying enzymes has generated tremendous enthusiasm and concurrent faster market adoption.

Segments:

To generate a bird’s view of the global epigenetics market, the report is segmented based on instruments, consumables, applications, technology, end users, and regions.

Based on instruments, the market comprises of NGS, spectrometer, PCR, software solutions and others.

Based on consumables, the market comprises of kit, enzymes, reagent, and others.

Based on application, the market comprises of oncology, developmental biology, drug discovery, cardiology, immunology, and others.

Based on technology, the market comprises of methylation, histone modification, and others.

Based on end users the market is segmented into academia and research, pharmaceutical and biotechnology industry and others.

Based on the regions, the market is segmented as North America, Europe, Asia Pacific Middle East and Africa and rest of the world.

Regional analysis:

North America led by the U.S. accounts for the most significant market share of the market, owing to faster technology uptake, the large biotech sector of the U.S., the presence of large advanced players, growing prevalence of cancer.

Europe led by Germany, U.K., and France accounts for the second-largest and second fastest market during the forecasted period. Asia led by Japan and supported by China, South Korea, and India is anticipated to be the fastest growing market.

The Middle East and Africa market will expand at a slower rate on account of the weak industry landscape and low demand due to weak economic conditions.

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Key Vendors:

Some of the dominant vendors operating in the report are Bio-Rad (US), Illumina (US), QIAGEN (Netherlands), Thermo Fisher (US), Active Motif (US), Diagenode (Belgium), Agilent (US), Merck Millipore (US), Abcam (UK), New England Biolabs (US), PerkinElmer (US), Zymo Research (US), and others.

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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