Worldwide Gene Expression Analysis Industry to 2025 - North America is Found Dominating the Market - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 17, 2020--
The “Gene Expression Analysis Market - Growth, Trends, and Forecasts (2020 - 2025)” report has been added to ResearchAndMarkets.com’s offering.
The global gene expression analysis market is found increasing due to the various factors such as increasing government funding towards genomics, growing adoption of personalized medicine and the rapid technological advancements.
Personalized medicine is becoming more popular with the growing number of genetic disorders and also with the increasing awareness about personalized medicine is driving the market with a high growth rate in the future.
- Quest Diagnostics Incorporated
- F. Hoffmann-La Roche Ltd
- Illumina, Inc.
- Novogene Corporation
- PerkinElmer Inc.
- Bio-Rad Laboratories
- Thermo Fisher Scientific, Inc.
- Agilent Technologies
- Promega Corporation
- Luminex Corporation
Key Market Trends
Next Generation Sequencing (NGS) is Expected to Grow With a Healthy CAGR
The Next Generation Sequencing (NGS) is a technology in which millions of DNA strands can be sequenced through massive parallelization; this technique is also known as high throughput sequencing. The low cost, high accuracy and speed, and precise results even from low sample input are the main advantages NGS offers over Sanger’s sequencing method.
The NGS is therefore, being used to execute various applications, such as biomarker discovery, oncology studies, personalized medicine, and agricultural and animal research, among others. After the introduction of NGS technologies, in they have had an incredible influence on genomic research.
Next-generation sequencing, currently, has its application in the diagnosis of a variety of illnesses, such as cancer, hematological disorders, neurology, psychiatry, dysmorphology, vision and hearing impairment, cardiology, and pharmacogenomics. It is also used as a tool for noninvasive prenatal tests. Hence they can be used for large-scale screening of SNPs, to ultimately determine if a drug candidate will be effective and safe. The NGS can help change DNA sequencing and genetic characterization used in drug discovery and drug development.
North America is Found Dominating the Global Gene Expression Analysis Market
North America dominates the global gene expression analysis market and is expected to maintain its dominance over the forecast period. This growth can be attributed to rising investment and increasing R&D activities towards development of gene therapy, especially in the US. In addition, factors such as the development of gene therapy, focus on gene expression studies, government initiatives, and the availability of funding for NGS research are driving the growth of the gene expression analysis market in North America.
Key Topics Covered:
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rapid Technological Advancement
4.2.2 Increased Government Funding towards Genomics
4.2.3 Growing Adoption of Personalized Medicine
4.3 Market Restraints
4.3.1 Lack of Skilled Labor
4.3.2 High Cost of the Instruments
4.4 Porter’s Five Force Analysis
5 MARKET SEGMENTATION
5.1 By Technology
5.1.1 Polymerase Chain Reaction (PCR)
5.1.2 Next Generation Sequencing (NGS)
5.2 By Product Type
5.2.2 Reagents and Consumables
5.3 By End-user
5.3.1 Drug Discovery
5.3.2 Diagnostic Laboratories
5.3.3 Academic Research Centers
5.4.1 North America
22.214.171.124 United States
126.96.36.199 United Kingdom
188.8.131.52 Rest of Europe
184.108.40.206 South Korea
220.127.116.11 Rest of Asia-Pacific
5.4.4 Middle-East and Africa
18.104.22.168 South Africa
22.214.171.124 Rest of Middle-East and Africa
5.4.5 South America
126.96.36.199 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.2 Quest Diagnostics Incorporated
6.1.3 F. Hoffmann-La Roche Ltd
6.1.4 Illumina, Inc.
6.1.5 Novogene Corporation
6.1.6 PerkinElmer Inc.
6.1.7 Bio-Rad Laboratories
6.1.8 Thermo Fisher Scientific, Inc.
6.1.9 Agilent Technologies
6.1.10 Promega Corporation
6.1.11 Luminex Corporation
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/liaxm7
View source version on businesswire.com:https://www.businesswire.com/news/home/20201217005589/en/
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INDUSTRY KEYWORD: GENETICS HEALTH OTHER HEALTH
SOURCE: Research and Markets
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PUB: 12/17/2020 07:58 AM/DISC: 12/17/2020 07:58 AM