Research Methodologies Followed in This Study:
Primary Research:
In the primary research process, industry experts from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Industry experts from the supply side include CEOs, vice presidents, marketing and sales directors, business development managers, technology and innovation directors of companies manufacturing reporter gene assay products, key opinion leaders, and suppliers and distributors, whereas, the Industry experts from the demand side include researchers, biotechnologists, R&D heads, and related key personnel.
Secondary Research:
Secondary research process involves the widespread use of secondary sources, directories, databases (such as Bloomberg Business, Factiva, and D&B Hoovers), white papers, annual reports, companies house documents, investor presentations, and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and commercial study of the reporter gene assays market.
It was also used to obtain important information about the key players and market classification & segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives. A database of the key industry leaders was also prepared using secondary research.
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Expected Revenue Surge:
The reporter gene assays market is projected to reach USD 2.6 billion by 2024 from USD 1.6 billion in 2019, at a CAGR of 10.1%.
Market Size Estimation:
The market size estimates and forecasts provided in this study are derived through a mix of the bottom-up approach (revenue share analysis of leading players) and top-down approach (assessment of utilization/adoption/penetration trends, by product, application, end user, and region).
Data Triangulation:
After arriving at the market size, the total reporter gene assays market was divided into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments & subsegments, data triangulation, and market breakdown procedures were employed, wherever applicable.
North America to hold the largest regional market share in 2019
North America is expected to account for the largest share of the reporter gene assays market in 2019, followed by Europe. The large share of North America in the global market can be attributed to the growing academic and government investments in genomics and proteomics research; rising demand for cell-based assays in research; increasing focus on cell-based therapeutics; and rising focus of stakeholders on research projects involving proteins, associated biomolecules, and genes.
By application, the cell signaling pathways segment is expected to grow at the highest CAGR during the forecast period (2019-2024)”
Based on application, the reporter gene assays market is segmented into gene regulation, protein interaction, cell signaling pathways, and promotor structural & functional analysis. In 2019, the cell signaling pathways segment is expected to grow at the highest CAGR during the forecast period. The high growth rate of this segment is attributed to its importance in several cellular functionalities (such as cell differentiation, cell fate determination, and cell growth) and advanced applications of cell signaling in life science sectors (such as biotechnology, molecular biology, and microbiology).
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Major Players:
Players in the global reporter gene assays market, such as Merck KGaA (Germany), Thermo Fisher Scientific (US), Promega Corporation (US), Abcam plc (UK), PerkinElmer (US), Danaher Corporation (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories (US), Geno Technology (US), GeneCopoeia, Inc. (US), InvivoGen (France), PromoCell (Germany), and Biotium (US) are focusing on increasing their presence in the high-growth markets through both organic as well as inorganic growth strategies of product launches, expansions, agreements, collaborations, and acquisitions.
REPORTER GENE ASSAY MARKET - FORTHCOMING TRENDS TO BOOST THE GLOBAL REVENUE
The global Reporter Systems Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the reporter systems market include Thermo Fisher Scientific, Promega, Merck, Bio-Rad, Danaher, InvivoGen, Abcam, PerkinElmer, Lonza and Qiagen.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Reporter Systems Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/reporter-systems-market/download-sampleMarket DynamicsThe obvious advantages and benefits of noninvasive imaging to monitor transgene expression in gene therapy are the main stimulant factors for this market's growth.
A reporter system serving as an excellent tool for basic research in academic laboratories and research scientists for developing cost-effective and miniaturize cell-based assays will benefit market growth.
The rapid spread of cancer among the global population and the reported system's use to repeatedly assess gene expression over time, especially when multiple sequential biopsies are not feasible, will be a market booster.
The global Reporter Systems Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the reporter systems market include Thermo Fisher Scientific, Promega, Merck, Bio-Rad, Danaher, InvivoGen, Abcam, PerkinElmer, Lonza and Qiagen.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Reporter Systems Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/reporter-systems-market/download-sampleMarket DynamicsThe obvious advantages and benefits of noninvasive imaging to monitor transgene expression in gene therapy are the main stimulant factors for this market's growth.
A reporter system serving as an excellent tool for basic research in academic laboratories and research scientists for developing cost-effective and miniaturize cell-based assays will benefit market growth.
The rapid spread of cancer among the global population and the reported system's use to repeatedly assess gene expression over time, especially when multiple sequential biopsies are not feasible, will be a market booster.