Epigenetics Market Overview 2020: Rising Trends, Huge Demand, Business Strategies, High Growth Rate by 2030 | Impacts of COVID-19

Rising prevalence and incidences of several diseases worldwide has triggered the need for advanced R&D scenario across all sectors of biotechnology, pharmaceuticals and research establishments. Both public and private sectors are now focusing on new innovative techniques, ideas to obtain latest medical breakthroughs. According to studies, it was estimated that the total spending on R&D by mid-market biotechnology companies, witnessed an increment of approximately 18% between 2015 and 2016. Growing need to address several forms of ailments has been crucial in dictating the funding and R&D spending by governmental establishments as well as major market players and other research institutes. Increasing R&D investments and spending is anticipated to positively contribute to the growth of the global epigenetics market.

The global epigenetics market was valued at over US$ 800.0 Mn. in 2017 and is anticipated to grow at a CAGR of 13.0% from 2019 to 2030.

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Epigenetics Market Prominent Players:

The prominent players in the global epigenetics market are Agilent Technologies, Thermo Fisher Scientific, Illumina, QIAGEN N.V., PerkinElmer, Merck KGaA, Abcam plc. , Active Motif, Bio-Rad Laboratories, Inc. , New England Biolabs and, Zymo Research among others.

Growth Demands

The growth of this market can be attributed to the factors such as, the reducing prices of DNA sequencing, technological advancements, increasing incidences of cancer worldwide and growing investments and funding by both government and private establishments. University and business collaboration has been a major trend in the epigenetics market scenario. Extensive number of collaborations has been initiated to promote development of new instruments, studies and other research. For instance, The Institute of Cancer Research, London entered into collaboration with Merck, to initiate independent research programs, for discovery & development of new types of cancer therapeutics.

Market Overview:

By Product –
Introduction, Kits, Reagents, Enzymes, Instruments, Services

By Technology –
Introduction & Definition, DNA methylation, Histone Modifications, Other Technologies

By Application –
Introduction, Oncology, Developmental Biology, Cardiovascular Diseases, Metabolic Diseases, Immunology, Other Application

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Increasing incidences of cancer to propel the market growth

The utilization of epigenetics provides accurate and deeper knowledge regarding molecular basis of individual tumors, thereby providing a better, efficient and long lasting therapeutic option in the field of oncology. According to Cancer Research UK, the number of cancer cases reported worldwide in the year 2018, was approximately around 17 million. It is further projected that within the period 2018-2040, the total incidence rate of worldwide cancer will increment by 62%. The growing incidences of cancer are anticipated to present a lucrative growth opportunity for the global epigenetics market in the coming years.

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Table of Contents

1.INTRODUCTION
1.Market Definition
2.Market Ecosystem
1.Market Classification
2.Geographic Scope
3.Years Considered for the Study
1.Historical Years – 2016 & 2017
2.Base Year – 2018
3.Forecasted Years – 2019 to 2030
3.Currency Used for the Study
4.Report Beneficiary List

2.RESEARCH METHODOLOGY
1.Research Framework
2.Data Collection Technique
3.Data Sources
1.Secondary Sources
2.Primary Sources
4.Market Estimation Methodology
1.Bottoms Up Approach
2.Top Down Approach
5.Data Validation and Triangulation
1.Market Forecasting Model
2.Limitations of the Study
3.Assumptions of the Study

3.ABSTRACT OF THE STUDY

4.MARKET DYNAMICS ASSESMENT
1.Overview
2.Drivers
3.Barriers/Challenges
4.Opportunities

In the end, Epigenetics Market industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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