Market Scenario:
The upcoming Gene expression analysis trends and research dedicated towards functional genomics extending the application purview of studying genes and gene transcripts. Synthesizing functional gene products such as functional RNAs and protein species offers insights on how an intact organism survives when a particular gene goes missing. Growth in personalized medicine and technological developments are driving market growth. According to a data published by the Foley & Lardner LLP, Food and Drug Administration (FDA) approved 16 new personalized medicines in 2017. Moreover, the development of genomic databases and increased government funding towards genomics is fueling market growth.
However, the lack of skilled labor and the high cost of instruments may hamper market growth during the assessment period.
The Global Gene Expression Analysis Market Size is expected to grow significantly over the forecast period. It is estimated that the global gene expression analysis market is expected to hold a market value of USD 3.250 million and register a CAGR ~9.1% during the forecast period of 2018 to 2023.
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Segmentation
The global gene expression analysis market has been segmented into product, services, application, end-user, and region.
The market, on the basis of product, has been segmented into consumables and instruments.
The market, based on consumables, has been further segmented into reagents and DNA chips.
The market, based on instruments, has been further segmented into polymerase chain reaction (PCR), next-generation sequencing (NGS), microarray, Sanger sequencing, and others.
The market, by services, has been segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.
The market, by application, has been segmented into drug discovery, diagnosis, research, and others.
The market, by end-user, has been segmented into pharmaceutical & biotechnology companies, academic & research institutes, contract research organizations, and others.
The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The gene expression analysis market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European gene expression analysis market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The gene expression analysis market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The gene expression analysis market in the Middle East & Africa has been segmented into the Middle East and Africa.
Key Players
Some of the key players in the global gene expression analysis market are GENERAL ELECTRIC COMPANY, Illumina, Inc., Thermo Fisher Scientific, Bio-Rad Laboratories, Inc., F. Hoffmann-La Roche Ltd, Pacific Biosciences of California, Inc., BGI, PerkinElmer Inc., Agilent Technologies, Inc., QIAGEN, Oxford Gene Technology, Eurofins Scientific, Danaher, Genotypic Technology Pvt Ltd, Macrogen Inc.
Regional Market Summary
Geographically, the Americas is anticipated to dominate the global gene expression analysis market owing to the increasing research activities and the rising popularity of gene expression tests. Additionally, the well-developed healthcare sector is anticipated to boost the American gene expression analysis market.
Asia-Pacific is anticipated to be the fastest growing region in the market due to the growing investment from governments in the field of genomics, and continuously developing economies. According to a report published by the International Journal of Social and Developmental Concerns in October 2017, in Malaysia, the growth of the public primary, as well as secondary care facilities, has decreased in the past few years, and it has not kept pace with the rapid urbanization. Thus, such factors restraint the growth of the market in this region. On the other hand, the Middle East & Africa has the least share of the market.
Europe is expected to hold the second largest position in the global gene expression analysis market. The market growth in this region is attributed to the availability of funds for research.
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Gene Expression Analysis Market Research Report: Information by Product (Consumables & Instruments), Service (Gene Expression Profiling & Others), Application (Drug Discovery & Others), End User (Academic, Research Institutes & Others) - Forecast till 2027As per Market Research Future (MRFR) analysis, the global gene expression analysis market is estimated to hold a market value of USD 3.250 million with a CAGR 9.1% from 2018 to 2023 (forecast period).
Synthesizing functional gene products like functional RNAs and protein species provides insights into how an intact organism survives when a particular gene is missing.Market DynamicsPersonalized medicine is becoming more popular, with an increasing number of genetic disorders.
In addition, increasing awareness of personalized medicine is expected to drive growth over the forecast period.
Moreover, the advancement of genomic databases increased government support for genomics, and growth in personalized medicine is likely to drive the market.
However, the shortage of skilled labor and the high cost of instruments may inhibit market growth during the forecast period.Request Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/7805 Market SegmentationThe global market for gene expression analysis has been segmented into product, consumables, instruments, services, application, and end-user.Based on the product, the global market for gene expression analysis has been segmented into consumables and instruments.Based on consumables, the global market for gene expression analysis has been further segmented into reagents and DNA chips.Based on instruments, the global market for gene expression analysis has been further segmented into next-generation sequencing (NGS), polymerase chain reaction (PCR), microarray, Sanger sequencing, and others.Based on services, the global market for gene expression analysis segmented into gene expression profiling services, sequencing services, bioinformatics solutions, and others.Based on the application, the global market for gene expression analysis has been segmented into drug discovery, diagnosis, research, and others.Based on end-user, the global market for gene expression analysis has been segmented into academic & research institutes, pharmaceutical & biotechnology companies, contract research organizations, and others.Regional AnalysisRegionally, the global market for gene expression analysis has been segmented into the Americas, Europe, Asia Pacific, and the Middle East & Africa.The Americas are predicted to dominate the global market for gene expression analysis due to increasing research activities and the increasing popularity of gene expression tests.
In addition, the well-developed healthcare sector is predicted to improve the American market for gene expression analysis.Europe is predicted to hold the second-largest position in the global market for gene expression analysis.
Technical advancements have allowed for miniaturization, automation, and reduced overall costs, as well as operational flexibility and the incorporation of multi-parameter testing.
All of these have greatly helped increase the applications and convenience of DNA sequencing, allowing physicians to focus on high-level decision-making such as identifying and prioritizing drug targets through various genotyping studies.
This has directly boosted the uptake of PCR, sequencing, capillary electrophoresis, and microarray technologies in fields such as drug discovery and clinical research.Major Growth Drivers:The major factors that are expected to be driving the genotyping assay market are technological advancements and the decreasing prices of DNA sequencing.
The increasing incidence of genetic diseases and rising awareness of personalized medicine, growing importance of genotyping in drug development, and the increasing demand for bioinformatics solutions in data analysis are also expected to promote market growth in the coming years.Expected Revenue Growth:MarketsandMarkets forecasts the Genotyping Assay market to grow from USD 11.8 billion in 2018 to USD 31.9 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 22.0% during the forecast period.Accessories to Fuel the Growth of Genotyping Assay Market :The objective of the report is to define, describe, and forecast the genotyping assay market size based on product & service, technology, application, end user, and region.
Genotyping platforms have several potential application areas such as pharmacogenomics, diagnostic research, personalized medicine, and forensics.
Furthermore, this technology is also apt for a range of veterinary needs, food safety and quality, and environmental testing in remote areas and industrial settings.Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=249958595By product & service, the reagents and kits segment is expected to grow at the highest growth rate during the forecast periodAmong the product & service, segment, the reagents and kits segment is expected to grow at the highest CAGR during the forecast period.
Digital Pathology Market AnalysisDigital Pathology or Computational Pathology leverages completely new perceptions through data analysis, enabling pathologists to consult on treatment options.
Hence, pathology centers across the globe are increasingly adopting digital pathology to increase diagnostic speeds and accuracy.
According to Market Research Future (MRFR), the global digital pathology market is estimated for valuation of over USD 8,305.6 MN by 2023.
Additionally, the advanced medical services and the burgeoning healthcare sector worldwide are fostering the growth of the digital pathology market.
The demand for fast proceedings of treatments, with an accurate diagnosis, is rising, which results in the growth of the digital pathology market.The transition to cloud pathology is a prominent trend, observed during the analysis, which is expected to push up the growth in the market.
Technology experts think that machine learning and other sophisticated technologies could assist pathologists, making them more precise in their analysis.AI has the capacity of turning pathology into a digital zone.
This report aims to provide detailed insights into the global lab automation market.
It provides valuable information on the type, procedure, application, and region in the market.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1158 Key Factors Driving Market Growth: The Increasing spending on pharmaceutical R, growing food safety concerns, standardization of workflows, stringent regulatory control in the healthcare industry are fueling the growth of the market.
Moreover, high demand in the emerging nation and the growth of the pharmaceutical and biotechnology industries are some of the other major factors driving the growth of this market.
Owing to the easy integration with both existing and upcoming systems are favorable options for customers looking to introduce automation in their labs.
Owing to an increase in the number of tests carried out in pharmaceutical labs for screening compounds, optimizing leads, determining drug properties with absorption, distribution, metabolism, and excretion (ADME), and toxicity has favored the argument for automation.
Market Analysis and Insights: Global biochips market Global Biochips Market By Product Type (DNA Chip, Lab-on-a-chip, Protein Chips, Other Arrays), Fabrication Technology (Microarrays, Microfluidics), Application (Drug discovery and Development, Disease Diagnostics, Genomics, Proteomics, Agriculture, Other Applications), End user (Hospital, Diagnostic Centers, Biotechnology & Pharmaceutical Companies, Academic & Research Institutes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026Market Analysis: Global Biochips MarketGlobal biochips market is expected to rise to an estimated value of USD 28.83 billion by 2026 registering a substantial CAGR in the forecast period of 2019-2026.
This rise in the market can be attributed to the technological developments and advancement of biochips in the industry.Market Definition: Global Biochips MarketBiochips, is a miniaturized device which can perform thousands of biochemical reactions and are used in molecular biology.
These are used for detection of cancer & other diseases and to provide personalized medicines in the industryGet More Insights About the Global biochips market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-biochips-marketMarket DriversRapid growing application of biochips will drive the market growthTechnological advancements and new product launches in the market.Rising demand of biochips in developing countries is expected to increase the market share.Increasing adoption of personalized medicines by households will also propel the growth of this market.Market RestraintsStrict government regulatory guidelines related to biochips are hampering the growth of the marketHigh instrument costs will also restrain the growth of this market,Segmentation: Global Biochips MarketBy Product TypeDNA ChipLab-on-a-chipProtein ChipsOther ArraysBy ApplicationDrug discovery and developmentDisease diagnosticsGenomicsProteomicsAgricultureOther applicationsBy Fabrication TechnologyMicroarraysMicrofluidicsBy End userHospitalDiagnostic CentersBiotechnology & Pharmaceutical CompaniesAcademic & Research InstitutesBy GeographyNorth AmericaU.S.CanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyFranceUnited KingdomItalySpainRussiaTurkeyBelgiumNetherlandsSwitzerlandRest of EuropeAsia-PacificJapanChinaSouth KoreaIndiaAustraliaSingaporeMalaysiaIndonesiaThailandPhilippinesRest of Asia-PacificMiddle East and AfricaSouth AfricaEgyptSaudi ArabiaUnited Arab EmiratesIsraelRest of Middle East and AfricaKey Developments in the Market:In April 2019, Qurin Diagnostics B.V. and Lionix International B.V. announced their acquisition of Surfix B.V., this combination will strengthen the company and enable in bringing technology to the global biomedical market.
Such merger and acquisition in the field of biochips will lead to its market expansion in the forecasting future.In April 2018, SEKISUI CHEMICAL CO., LTD. announced its acquisition of Veredus Laboratories Pte.
This acquisition will benefit Sekisui chemicals in expanding globally, delivering efficient services and expanding its product portfolio.Know more about this report https://www.databridgemarketresearch.com/reports/global-biochips-marketCompetitive Analysis:Global biochips market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of biochips market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.Key Market Competitors:Few of the major market competitors currently working in the global biochips market are: Thermo Fisher Scientific Inc., Abbott, F. Hoffmann-La Roche Ltd, Cepheid, Bio-Rad Laboratories, Inc., GENERAL ELECTRIC, Illumina, Inc., FluidigmPerkinElmer Inc., Agilent Technologies, Inc., Arbor Biosciences, Now Elim Biopharm, Inc.., Genalyte, Inc., Hologic, Inc., Agendia , Illumina, Inc..and others Research Methodology: Global Biochips MarketData collection and base year analysis is done using data collection modules with large sample sizes.
Market Analysis and Insights: Global biochips market Global Biochips Market By Product Type (DNA Chip, Lab-on-a-chip, Protein Chips, Other Arrays), Fabrication Technology (Microarrays, Microfluidics), Application (Drug discovery and Development, Disease Diagnostics, Genomics, Proteomics, Agriculture, Other Applications), End user (Hospital, Diagnostic Centers, Biotechnology & Pharmaceutical Companies, Academic & Research Institutes), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026Market Analysis: Global Biochips MarketGlobal biochips market is expected to rise to an estimated value of USD 28.83 billion by 2026 registering a substantial CAGR in the forecast period of 2019-2026.
This rise in the market can be attributed to the technological developments and advancement of biochips in the industry.Market Definition: Global Biochips MarketBiochips, is a miniaturized device which can perform thousands of biochemical reactions and are used in molecular biology.
These are used for detection of cancer & other diseases and to provide personalized medicines in the industryGet More Insights About the Global biochips market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-biochips-marketMarket DriversRapid growing application of biochips will drive the market growthTechnological advancements and new product launches in the market.Rising demand of biochips in developing countries is expected to increase the market share.Increasing adoption of personalized medicines by households will also propel the growth of this market.Market RestraintsStrict government regulatory guidelines related to biochips are hampering the growth of the marketHigh instrument costs will also restrain the growth of this market,Segmentation: Global Biochips MarketBy Product TypeDNA ChipLab-on-a-chipProtein ChipsOther ArraysBy ApplicationDrug discovery and developmentDisease diagnosticsGenomicsProteomicsAgricultureOther applicationsBy Fabrication TechnologyMicroarraysMicrofluidicsBy End userHospitalDiagnostic CentersBiotechnology & Pharmaceutical CompaniesAcademic & Research InstitutesBy GeographyNorth AmericaU.S.CanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyFranceUnited KingdomItalySpainRussiaTurkeyBelgiumNetherlandsSwitzerlandRest of EuropeAsia-PacificJapanChinaSouth KoreaIndiaAustraliaSingaporeMalaysiaIndonesiaThailandPhilippinesRest of Asia-PacificMiddle East and AfricaSouth AfricaEgyptSaudi ArabiaUnited Arab EmiratesIsraelRest of Middle East and AfricaKey Developments in the Market:In April 2019, Qurin Diagnostics B.V. and Lionix International B.V. announced their acquisition of Surfix B.V., this combination will strengthen the company and enable in bringing technology to the global biomedical market.
Such merger and acquisition in the field of biochips will lead to its market expansion in the forecasting future.In April 2018, SEKISUI CHEMICAL CO., LTD. announced its acquisition of Veredus Laboratories Pte.
This acquisition will benefit Sekisui chemicals in expanding globally, delivering efficient services and expanding its product portfolio.Know more about this report https://www.databridgemarketresearch.com/reports/global-biochips-marketCompetitive Analysis:Global biochips market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of biochips market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.Key Market Competitors:Few of the major market competitors currently working in the global biochips market are: Thermo Fisher Scientific Inc., Abbott, F. Hoffmann-La Roche Ltd, Cepheid, Bio-Rad Laboratories, Inc., GENERAL ELECTRIC, Illumina, Inc., FluidigmPerkinElmer Inc., Agilent Technologies, Inc., Arbor Biosciences, Now Elim Biopharm, Inc.., Genalyte, Inc., Hologic, Inc., Agendia , Illumina, Inc..and others Research Methodology: Global Biochips MarketData collection and base year analysis is done using data collection modules with large sample sizes.
