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Epigenetics Market Trends | Growth and Forecasts 2018-26 By Global Key Players Illumina Inc., Thermo Fisher Scientific Inc., Merck Millipore Limited, Bio-Rad Laboratories, Inc., Qiagen Inc., Diagenode s. a., Enzo Life Sciences, Inc. New England Biolabs In

11-14-2018 08:18 AM CET | Health & Medicine

Press release from: Coherent Market Insights - Biotechnology

Global Epigenetics Market

Global Epigenetics Market

Epigenetics is the structural changes in chromosomal regions, which signal or perpetuate alteration in gene expression by turning it on or off. Epigenetic alteration includes DNA methylation, histone modification, chromatin remodeling, genomic imprinting, X chromosome inactivation, and non-coding RNA regulation affecting gene transcription. Epigenetics is applied for the studies of oncology, developmental biology, drug development, and non-oncological disorders such as Alzheimer’s disease and respiratory disease. Epigenetics has applications in forensic science for paternity testing, distinguishing between identical twins, identification of tissue origin, and for estimation of postmortem interval. Increasing application of epigenetics is expected to propel the growth of the epigenetics market.

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Epigenetics Market Drivers:

Increasing research to study the epigenetics of the genome (the study called epigenomics) is expected to boost the growth of the epigenetics market over the forecast period. Genome-wide epigenetic studies play an important role in the diagnostics of human diseases. Moreover, implementation of epigenetics for oncology research is estimated to propel the growth of the epigenetics market. For instance, Constellation Pharmaceuticals, in April 2018, invested US$ 100 million for development of cancer epigenetics platform and ongoing ProSTAR and ORIOn-E trials, which are designed to demonstrate the potential for CPI-1205 and CPI-0610, used for cancer therapy. Moreover, increasing whole genome sequencing projects such as the Human Genome Project is resulting in increasing adoption of epigenetic-based products, which in turn is driving the growth of the epigenetics market size.

Increasing government initiatives to enhance epigenetic research is fueling the growth of the epigenetics market. For instance, in 2017, the National Institutes of Health (NIH) planned to award 10 grants for supporting social epigenomics research in health disparities. The National Institute on Minority Health and Health Disparities (NIMHD), a part of the National Institutes of Health, committed US$ 26.2 million for nine awards over the term of five years. Moreover, in 2011, epigenetic related research was awarded US$ 11 million grant by the U.S. National Institute of Environmental Health Sciences. In the same year, the European Commission launched a US$ 52.1 million project named BLUEPRINT, which aims to generate 100 reference epigenomes of healthy and leukemic cells.

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Epigenetics Market – Competitor

Epigenetics market is highly fragmented. Major players operating in the market include Illumina Inc., Thermo Fisher Scientific Inc., Merck Millipore Limited, Bio-Rad Laboratories, Inc., Qiagen Inc., Zymo Research Corporation, Diagenode s. a., Enzo Life Sciences, Inc. and New England Biolabs Inc.

Epigenetics Market Taxonomy:

By Product:

Consumables
- Enzymes
- Kits & Reagents
Instruments

By Application:

Oncology
Developmental Biology
Drug Development
Metabolic diseases
Other

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

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