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Gene Expression Analysis Market 2018: Analysis by Top Key Players, Current Industry Status, Growth Opportunities, Target Audience and Forecast to 2026

Global gene expression analysis market  was valued US$ 4.2 Bn in 2017 and is expected to reach US$ 8.6 Bn by 2026, at a CAGR of 9.37 % during a forecast period.

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.

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Falling cost of 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. Currency Devaluation is a major challenge of the market. The high cost of instruments and lack of trained professionals are hindering the market growth.

The growing volume of genetic tests in drug & biomarker discovery and pharmacogenomics applications are driving the growth of the consumables market. The rising 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 is expected to grow at the highest rate during the forecast period in the pharmaceutical and biotechnology segment.

The Asia Pacific market is expected to grow at the highest rate during the forecast period owing to 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.

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The Scope of Global Gene Expression Analysis Market:

Global Gene Expression Analysis Market, by Products & Services:

Consumables

Instruments

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

Europe

Asia Pacific

South America

Middle East & Africa

Key Player Operating in Global Gene Expression Analysis Market:

Agena Bioscience

Applied Microarrays

Arrayit

AutoGenomics

BD

Beijing Genomics Institute

BioChain Institute

Biometrix Technology

Cepheid

CombiMatrix

Danaher

Danyel Biotech

EMD Millipore

Eppendorf

Exiqon

Fluidigm

GE Healthcare

Great Basin

LC Sciences

Luminex

Microarrays

Miltenyi Biotec

OriGene Technologies

Oxford Gene Technology

Oxford Nanopore Technologies

Partek

Perkin Elmer

Phalanx Biotech Group

Promega

Takara Bio

Tecan

Veredus Laboratories

Zyagen.

Report Description : https://www.trendsmarketresearch.com/report/analysis/MMR/global-gene-expression-analysis-market

 View More : Healthcare, Pharmaceuticals & Medical Devices

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