Transfection Technologies Market Booming at high CAGR of 10.3 % by 2024

Posted by Andre on September 10th, 2019

The Global Transfection Technologies Market accounted to USD 547.02 million in 2016 growing at a CAGR of 10.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. Key players profiled in this report are: Bio-Rad Laboratories, Inc., MaxCyte, Inc., POLYPLUS TRANSFECTION, Promega Corporation, Thermo Fisher Scientific Inc., Agilent Technologies, Altogen Biosystems, Boca Scientific, Inc., chemicell GmbH, A HARVARD BIOSCIENCE COMPANY, Takara Bio Company, IBA GmbH, Lonza, Miltenyi Biotec, Mirus Bio LLC, OriGene Technologies, Inc., PromoCell GmbH, OZ Biosciences INC USA, QIAGE

Market Definition: Global Transfection Technologies Market

Transfection is a kind of procedure in which genetic materials including double stranded RNA and DNA are introduced into mammalian cells by non-viral means. Transfection technology is used for the introduction of nucleic acids into desired cells. The introduction of DNA into cells starts the production or expression of proteins; cells use their own machinery during this. When RNA is transfected, it acts on the cytoplasm and helps down-regulate protein expression by blocking translation.

Major Market Drivers and Restraints:

•          Increasing incidences of cancer and infectious diseases
•          Rise in research & development in the field of cell based therapies
•          Rise in prevalence of obesity
•          Emerging biopharmaceutical market
•          Increasing demand for protein production
•          Investments by government and private players
•          Risk with the cell of adverse reactions

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Market Segmentation: Global Transfection Technologies Market

•          The transfection technologies market is segmented into cotransfection, electroporation, cationic lipid transfection and in vivo transfection.

•          By Applications the market is segmented into virus production, protein production, gene silencing, stem cell reprogramming & differentiation and stable cell line generation.

•          On the basis of geography, transfection technologies market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market
•          High price of transfection technology instruments

Competitive Analysis: Global Transfection Technologies Market

The transfection technologies market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of transfection technologies market for global, Europe, North America, Asia Pacific and South America.

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