Reporter Gene Assay Market: Know About Technology Advancements by 2018-2024 with Merck KGaA, Thermo Fisher Scientific , Promega Corporation, Abcam plc, PerkinElmer , Danaher Corporation, Becton, Dickinson and Company, Bio-Rad Laboratories, Geno Technology

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The Reporter Gene Assays Market is expected to reach US$ 2.6 Billion by 2024 from an estimated US$ 1.6 Billion in 2018, at a CAGR of 10.1%. Growth in Reporter Gene Assay Market is driven by increasing funding for cell-based research, the growing applications of gene expression, and a rising preference for cell-based assays. This report focuses on the Reporter Gene Assay in global market, especially in North America, Europe and Asia-Pacific. This report categorizes the market based on manufacturers, regions, type and application.

By end user, the academic and research institutes segment is projected to have the largest market share during the forecast period (2019–2024).”
On the basis of end user, the reporter gene assays market is segmented into academic and research institutes, pharmaceutical and biotechnology companies, hospital and diagnostic laboratories, and contract research organizations. The academic and research institutessegment is expected to account for the largest share in 2019.

“The cell signaling segment is expected to grow at the highest CAGR during the forecast period.”
On the basis of application, the reporter gene assays market is segmented into gene regulation, protein interaction, cell signaling pathways, and promotor structural & functional analysis. The cell signaling applications segment is expected to witness the highest CAGR owing to its importance in several cellular functionalities such as cell differentiation, cell fate determination, and cell growth, and advanced applications of cell signaling in life science sectors such as biotechnology, molecular biology, and microbiology.

“APAC is projected to witness the highest growth during the forecast period.”
North America is expected to account for the largest share of the global reporter gene assays market in 2019.On the other hand, the APAC region is expected to witness the highest CAGR during the forecast period, owing to the large population in China and India, rising geriatric population, and increasing incidence of chronic diseases. Also, owing to the high growth opportunities in the APAC region, many manufacturers are expanding their global manufacturing bases to this region.

The breakdown of primary participants was as mentioned below:
• By Company Type: Tier 1–35%, Tier 2–45%, and Tier 3–20%
• By Designation: C-level–35%, Director Level–25%, and Others–40%
• By Region: North America–45%, Europe–20%, Asia Pacific–30%, and RoW–5%

Report Highlights:
• To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

• To forecast the size of the market in five main regions (along with major countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa

• To define, describe, segment, and forecast the global reporter gene assays market by product, application, end user, and region

• To provide detailed information about the factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

• To profile key players in the global market and comprehensively analyze their core competencies and market shares

• To track and analyze competitive developments such as mergers and acquisitions; new product/technology launches; expansions; collaborations and agreements; and R&D activities of the leading players in the global reporter gene assays market

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Top Key Players in the Reporter Gene Assay Marketinclude are Merck KGaA (Germany), Thermo Fisher Scientific (US), Promega Corporation (US), Abcam plc (UK), PerkinElmer (US), Danaher Corporation (US), Becton, Dickinson and Company (US), Bio-Rad Laboratories (US), Geno Technology (US), GeneCopoeia, Inc. (US), InvivoGen (France), PromoCell (Germany), and Biotium (US).

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This release was published on openPR.