Epigenetics Market Research Joshua Kimmich Germany Jersey , In-Depth Analysis, Key Players, Applications by HealthcareNews · March 6, 2019
What are the Global Growth Factors?
The key factors that are driving the growth of Epigenetics Market include the decreasing sequencing costs and time, increase in research activities to identify and develop inhibitorsdrugs for various diseases, funding for epigenetics research Jonas Hector Germany Jersey , and rising prevalence of cancer.
What The Experts Says about the Market Growth?
The epigenetics market is projected to reach聽$1,605.7 million聽by 2022 from an estimated聽$854.0 million聽in 2017, at a CAGR of 13.5% during the forecast period.
Growing applications in Personalized Medicine and Targeted Therapy in Oncology is a growth opportunity for the Epigenetics market
According to a press release published by the Tufts Center for the Study of Drug Development in May 2015, biopharmaceutical companies have nearly doubled their R&D investments in personalized medicine over the last five years, and these investments are further expected to increase by 33% over the next five years. This will further drive the use of epigenetics tools.
Among the Application Segments, Oncology Dominated the聽Global Epigenetics Market聽in 2016
Based on application Jerome Boateng Germany Jersey , the oncology segment accounted for the largest share of the Epigenetics Market in 2016. The large share of this segment can be attributed to the rising prevalence of cancer and the increasing number of research-related activities.
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Geographical Analysis:
North America聽accounted for the largest share of the Epigenetics Market in 2016, followed by聽Europe. Increase in epigenetics research activities, favorable government funding initiatives, high R&D expenditure, rising incidence of various diseases, and the presence of key players in the region are the key factors driving the growth of the Epigenetics Market in聽North America.
Key Market Players:
The major players in the Global Epigenetics Market are Illumina (US) Ilkay Gundogan Germany Jersey ,聽Thermo Fisher聽(US), Diagenode (Belgium), QIAGEN (US), Merck Millipore (US), Abcam (UK), Active Motif (US) Emre Can Germany Jersey , New England Biolabs (US), Agilent (US), Zymo Research (US), PerkinElmer (US), and Bio-Rad (US).
Epigenetics Market聽by Product (Kit, Enzymes Christoph Kramer Germany Jersey , Reagent, NGS, Mass Spectrometer, PCR, Bioinformatics), Application (Oncology Bernd Leno Germany Jersey , Cardiology, Immunology), Technology (DNA Methylation, Histone Modification), End User (Academic, CRO) – Global Forecast to 2022
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