Gene Expression Analysis Market to Exhibit Impressive Growth during 2021-2028

Posted by ojasdbmr on May 6th, 2021

Gene Expression Analysis Market is expected to rise from its initial estimated value of USD 4.18 billion to an estimated value of USD 8.52 billion by 2028, registering a CAGR of 8.36% in the forecast period of 2021-2028. The gene expression is the method used for extracting data from a gene which will be used for the production of a practical gene product. With the help of gene expression, the genetic code reserved in DNA can be calculated. The research can be used for the classification of the diseases, which led its wide range of applications such as pharmacogenomics, diagnostics, biomarkers, and toxicology.

Key Market Competitors: Global Gene Expression Analysis Market

Few of the major competitors currently working in the gene expression analysis market are GENERAL ELECTRIC (US), Danaher (US), Thermo Fisher Scientific Inc. (US), F. Hoffmann-La Roche Ltd (Switzerland), Illumina, Inc (US), QIAGEN (Germany), Merck Sharp & Dohme Corp. (US), Agilent Technologies, Inc. (US), Bio-Rad Laboratories, Inc (US), Genotypic Technology Pvt Ltd (India), Macrogen, Inc. (South Korea), Eurofins Scientific (Europe), PerkinElmer Inc. (US), Personalis Inc. (USA), Novogene Corporation, SciGenom Labs Pvt. Ltd (India), TAKARA HOLDINGS INC. (Japan), Kohlberg Kravis Roberts & Co. L.P. (US), GENEWIZ (USA), Intrexon (Germany), Pacific Biosciences of California, Inc. (US), Geneious (New Zealand), Strand Life Sciences (India), DNASTAR (US), New England Biolabs (US), and others

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Segmentation: Global Gene Expression Analysis Market

•          By Consumables (Reagents, DNA Chips)
•          By Technology (Polymerase Chain Reaction, Next-Generation Sequencing, DNA Microarray, Serial Analysis of Gene Expression, Northern Blotting)
•          By Application (Research, Drug Discovery, Diagnostics)
•          By Services (Gene Expression Profiling Services, Sequencing Services, Bioinformatics Solutions)
•          By End User(Pharmaceutical and Biotechnology Companies, Academic Institutes and Research Centers, Other)
•          By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Analysis: Global Gene Expression Analysis Market

Global gene expression analysis 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 gene expression analysis market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

•          Declining cost of sequencing, this significant act as driver of the market.
•          Advanced technological act as a market driver.

Market Restraints

•          High cost of instruments, high cost is the restraints to the market.
•          Shortage of trained professionals, this significant act as restraints of the market.

Reasons to Purchase this Report

•          Current and future of global gene expression analysis market outlook in the developed and emerging markets
•          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
•          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
•          The latest developments, market shares, and strategies that are employed by the major market players