North America Gene Expression Analysis Market to grow over USD 2.15 Billion by 2

Posted by rohan on November 3rd, 2017

The North America Gene Expression Analysis Market was worth USD 1.43 Billion in 2016 and is projected to grow at a CAGR of 8.5%, to reach USD 2.15 Billion by 2021. DNA of cell contains a lot of information regarding the traits exhibited by that cell. The process in which the information present in the gene is decoded with the use of different types of RNAs to produce a functional product such as protein is called Gene Expression.

Gene Expression Analysis Market helps us to measure the extent to which a gene is being expressed and the reasons triggering the gene to be expressed. This study can be applied in drug development to design drugs which can regulate or enhance a gene expression if required. Gene therapy is used to treat some hereditary diseases and diseases caused by mutations.

Growing cancer population, increase in recognition for gene profiling tests and increasing investments on targeted drug development are the major factors driving the growth of the market. Latest technologies which help in increasing the pace of research are also expected to drive the market. Huge price of instruments for gene expression analysis and lack of required infrastructure are the major factors hindering the growth rate of market.
The North America gene expression analysis market is segregated on the basis of Consumables, Technology, Applications, Services and region. On the basis of Consumables, the market is segregated into DNA chips and Reagents. On the basis of Technology, the market is segregated into Polymerase Chain Reaction (PCR), 

Next Generation Sequencing, DNA Microarray, Serial Analysis of Gene Expression and Northern Blotting. SAGE segment is expected to be the fastest growing segment as it is one of the latest techniques that help in analyzing thousands of DNA transcripts at a time. On the basis of Applications, the market is segregated into Research, Drug discovery, diagnostics and other applications. Research holds the largest market share in this segment. Drug discovery and diagnostics are rapidly growing segments owing to the increasing focus on precision medicine. On the basis of Services, the market is segregated into gene expression profiling and bioinformatics solutions. The gene expression profiling services is again segregated into sequencing services and other services. Gene expression profiling holds the largest market share due to the rising number of gene expression analysis tests.

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The North America region for gene expression analysis market is segmented into USA and Canada regions. USA dominates the market in this region due to the increasing popularity for gene therapy and decrease in costs of gene sequencing.

Key Players in the gene expression analysis market are Thermo Fisher Scientific, Inc., Agilent Technologies, Life Technologies, GE Healthcare, Illumina, QIAGEN N.V., Roche, Oxford Gene Technology, PerkinElmer, Affymetrix, Inc., Bio-Rad Laboratories, and Luminex Corporation.

Market Segmentation

1) Consumables 
• Introduction 
• DNA Chips 
• Reagents 
• Y-o-Y Growth Analysis, By Consumables 
• Market Attractiveness Analysis, By Consumables 
• Market Share Analysis, By Consumables 

2) Technology 
• Introduction 
• Polymerase Chain Reaction (PCR) 
• DNA Microarray 
• Serial Analysis Of Gene Expression 
• Northern Blotting 
• Next-Generation Sequencing (NGS) 
• Cost and Speed Of NGS
• Research Laboratories and Academicians Promoting NGS
• Substitution Of Microarray Technology By NGS
• Global Alliances Among Leading Research Institutes to Assist Drug Discovery and Increase the Demand for NGS
• Y-o-Y Growth Analysis, By Technology 
• Market Attractiveness Analysis, By Technology 
• Market Share Analysis, By Technology 

3) Applications 
• Introduction 
• Research 
• Diagnostics 
• Drug Discovery 
• Other Applications 
• Y-o-Y Growth Analysis, By Application 
• Market Attractiveness Analysis, By Application 
• Market Share Analysis, By Application 

4) Services 
• Introduction 
• Gene Expression Profiling Services 
• Sequencing Services
• Other Services
• Bioinformatics Solutions 
• Y-o-Y Growth Analysis, By Services 
• Market Attractiveness Analysis, By Services 
• Market Share Analysis, By Services

Reasons to buy North America Gene Expression Analysis Market Research Report:

  • Regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Consumables, Technology, Applications, and Services along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the North America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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