Global Gene Expression Analysis Market – Industry Analysis and Forecast (2019-2027)
Global Gene Expression Analysis Market was valued US$ 4.59 Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of XX % during a forecast period.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
Gene expression is a procedure of deriving information from a gene to synthesize a functional gene product. Rising use of gene expression analysis in precision medicine provides key opportunities for the market during the forecast period.
Falling cost of DNA sequencing, technological advancements, increasing the prevalence of cancer, and availability of government funding are propelling the market growth. Novel technologies to aid gene expression studies, rising application areas of gene expression, and availability of gene expression databases are boosting the growth the global gene expression analysis market.
The growing volume of genetic tests in drug & biomarker discovery and pharmacogenomics applications are driving the growth Global Gene Expression Analysis Market. The increasing installation of NGS & PCR tools worldwide will significantly boost the demand for consumables. PCR analysis is estimated to the largest revenue share owing to high adoption & introduction of systems integrated with other steps as well as techniques.
Pharmaceutical & biotechnology companies utilize gene expression analysis products & services to achieve their clinical research goals like drug discovery & development and biotech research. The high volume of research studies involving gene expression analysis and huge capital for high-end analysis instruments & consumables are expected to grow at the highest rate during the forecast period in the pharmaceutical and biotechnology segment. Currency devaluation is a major challenge of the market. The high cost of instruments and lack of trained professionals are hindering the market growth.
In terms of End User, Global Gene Expression Analysis Market is segmented into Pharmaceutical & Biotech companies, Academic Institutes & Research Centers and Other End User. On the basis of Products & Services market is segmented into Consumables, Instruments and Services. Pharmaceutical & Biotech companies segment is expected to grow at the highest XX% CAGR during the forecast period.
On the basis of region, Global Gene Expression Analysis Market divided into five regions such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, Asia Pacific had largest market share in 2018 and is projected to lead the market during the forecast period, by reason of the domestic manufacturing of sequencing systems, western partnerships to improve healthcare, high R&D intensity, government focus on cancer and other life science research, and flourishing bioresearch centers.
Key player operating in global gene expression analysis market are Agilent Technologies, BGI, Bio-Rad Laboratories, Inc., Eurofins Scientific, F. Hoffmann-La Roche, GE Healthcare, Illumina, Inc., Oxford Gene Technology, Pacific Biosciences of California, Inc., Perkinelmer, Inc., Qiagen N.V., and Thermo Fisher Scientific, Inc.
The objective of the report is to present comprehensive analysis of Global Gene Expression Analysis Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers. The report also helps in understanding Global Gene Expression Analysis Market dynamics, structure by analyzing the market segments, and project the Global Gene Expression Analysis Market size. Clear representation of competitive analysis of key players by Global Gene Expression Analysis Type, price, financial position, product portfolio, growth strategies, and regional presence in the Allergy Relieving Eye Drops Market make the report investor’s guide.
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The Scope of Global Gene Expression Analysis Market:
Global Gene Expression Analysis Market, by Products & Services:
Global Gene Expression Analysis Market, by End User:
• Pharmaceutical & Biotech companies
• Academic Institutes & Research Centers
• Other End User
Global Gene Expression Analysis Market, by Region:
• North America
• Asia Pacific
• South America
• Middle East & Africa
Key Player Operating in Global Gene Expression Analysis Market:
• Agena Bioscience
• Applied Microarrays
• Beijing Genomics Institute
• BioChain Institute
• Biometrix Technology
• Danyel Biotech
• EMD Millipore
• GE Healthcare
• Great Basin
• LC Sciences
• Miltenyi Biotec
• OriGene Technologies
• Oxford Gene Technology
• Oxford Nanopore Technologies
• Perkin Elmer
• Phalanx Biotech Group
• Takara Bio
• Veredus Laboratories
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