Epigenetics drugs and diagnostic technologies are revolutionary tools used in personalized medicine and biomedical research. They enable identification of molecular biomarkers for detection of diseases like cancer at an early stage and enable targeted drug therapies. Advantages include non-invasive detection, high sensitivity and specificity. The global Epigenetics Drugs and Diagnostic Technologies Market is estimated to be valued at US$ 12.91 Bn in 2024 and is expected to exhibit a CAGR of 18% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing scope of personalized medicine is one of the key trends driving the growth of the epigenetics drugs and diagnostic technologies market. Epigenetic tools enable understanding of how environmental factors interact with the genome to switch genes on or off and affect disease risk. This helps in developing personalized drug therapies and predictive, preventive and personalized medicine approaches. Various companies are focusing on development of epigenetic diagnostic tools and drugs for precision medicine in disease areas like oncology. For instance, Johnson & Johnson is developing an epigenetic therapy JNJ-64042709 for treating solid tumors. Such advancements are expected to boost the adoption of epigenetics-based personalized treatment over the forecast period.
Segment Analysis
The global Epigenetics Drugs and Diagnostic Technologies market is dominated by drugs and technologies sub segments. The drugs sub segment dominates the market currently due to increasing approvals and demand for targeted therapies in various cancer indications. Epigenetics drugs treat cancer by modifying gene activity without permanent changes to the DNA sequence. Targeted therapies are more effective and preferred treatment options over conventional chemotherapy thus driving the drugs sub segment growth.
Key Takeaways
The global Epigenetics Drugs and Diagnostic Technologies market analysis is expected to witness high growth during the forecast period of 2024 to 2031. The market size for 2024 is estimated to be US$ 12.91 Bn.
Regional analysis
The North America region currently dominates the global Epigenetics Drugs and Diagnostic Technologies market due to presence of major players, high adoption of advanced therapies and strong healthcare infrastructure in countries like United States and Canada. The Asia Pacific region is expected to witness highest growth during the forecast period due to growing healthcare expenditures, rising cancer incidences and increasing investments by key players in developing markets of China and India.
Key players
operating in the Epigenetics Drugs and Diagnostic Technologies market are Canon, Brother Industries, Hewlett-Packard Development, Printronix, Ricoh Digital Painting Company, Inca Digital Printers Limited, Mimaki Engineering, Electronics For Imaging, Roland Dg Corporation, Durst Phototechnik AG, Xerox Corporation, and Seiko Epson Corporation. Canon and Brother Industries currently dominate the market due to wide product portfolio and global presence. The other players are focusing on new product launches and geographic expansions to increase their market shares in coming years.
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Epigenetics Drugs and Diagnostic Technologies Market is valued at USD 7.71 Billion in 2018 and expected to reach USD 27.13 Billion by 2025 with the CAGR of 19.68% over the forecast period.Growing prevalence of oncological and non-oncological conditions like respiratory diseases, alzheimer disease and growing R & D investments in the healthcare industries promotes the growth of global epigenetics drugs and diagnostic technologies market.
Epigenetic change is a normal and natural phenomenon but can also be affected by a variety of factors like age, environment or lifestyle and disease state.
New and ongoing work continues to uncover the role of epigenetics in a variety of human disorders and fatal diseases.
Epigenetic drugs and diagnostics are used in early stage cancer screening, as well as other pathological modifications in skin cells, liver cells, brain cells and others.
On the basis of country level, global Epigenetics Drugs and Diagnostic Technologies Market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.Epigenetics Drugs and Diagnostic Technologies CompaniesGlobal Epigenetics Drugs and Diagnostic Technologies Market reports cover prominent players,Zymo researchCellCentric LtdThermo Fisher ScientificAbcam, Eisai Co. LtdDiagenodeMerckElli LillySyndax Pharmaceuticals, Inc.QiagenChroma Therapeutics LtdNovartis International AGOncolys Biopharma IncSigma-Aldrich CorporationValirx Plcothers.
Cancer is a leading cause of death for children and adolescents worldwide and about 300,000 children aged 0 to 19 are diagnosed with cancer every year.
Recently published a report entitled Epigenetics Drugs And Diagnostic Technologies Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad epigenetics drugs and diagnostic technologies market has been sub-grouped into drugs mechanism of action and technology type.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Epigenetics Drugs And Diagnostic Technologies Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/epigenetics-drugs-and-diagnostic-technologies-market/download-sampleBy Drugs Mechanism Of ActionDNMT InhibitorsAzacitidine (Vidaza)Decitabine (Dacogen)HDAC InhibitorsVorinostat (Zolinza)Romidepsin (Istodax)By Technology TypesDNA MethylationChromatin Immunoprecipitation (ChIP) TechnologyThe report also covers a detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the epigenetics drugs and diagnostic technologies market include 4SC AG, Acetylon Pharmaceuticals, Inc., Astex Pharmaceuticals Inc., Celenge, CellCentric Ltd., Celleron Therapeutics Ltd., Chroma Therapeutics Ltd., Eisai Pharmaceuticals, EnVivo Pharmaceuticals Inc., Epigentek Group Inc., Epizyme, Inc. Illumina Inc., MDxHealth, Merck, Merck & Company Inc., Novartis International AG, Oncolys BioPharma Inc., Pharmacyclics, Promega Corporation, Spectrum Pharmaceuticals, Syndax Pharmaceuticals, Inc., Topotarget A/S, and Valirx Plc.
