Gene Expression Market Latest Trends, Technological Advancement, Driving Factors and Forecast to 2026 | Illumina, Thermo Fisher Scientific, BGI Genomics, Agilent Technologies

The research community has been attracting huge government investments as the significance of genomics continues to grow worldwide. The global gene expression market is predominantly driven by the notable developments in genomic databases, says a new research intelligence study of Fairfield Market Research.

The report highlights that with the advent of next-generation sequencing (NGS) techniques, demand for gene expression analysis also continues to be on an upswing. Besides the critically soaring need for effective cancer therapeutics, the rising boom around personalized medicine, and an increasing number of genetic conditions being diagnosed will largely contribute to the expansion of the gene expression market. Gene expression analysis also gained overnight traction amid COVID-19 risk factor detection as a vital step of disease diagnostics.

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Demand for Gene Expression Analysis Surges as Cancer Research and Therapeutics Take the Limelight

The Gene expression market is especially projected for a healthy growth outlook as gene therapy has become one of the hottest areas of research luring investors, governments, as well as medical industry alike. As the concept of precision medicine firms up, the market for gene expression is all set to reap the benefit in long run. Besides cancers, the prevalence of rare diseases, and inherited conditions continues to be on the higher side as well. This is also expected to be among the important factors strengthening the gene expression market.

Leading Players in Global Gene Expression Market Space

1. Thermo Fisher Scientific Inc.
2. F. Hoffmann-La Roche AG
3. Promega Corp.
4. Biocartis NV
5. Bio-Rad Laboratories Inc.
6. Illumina Inc.
7. Agilent Technologies
8. QIAGEN N.V.
9. GE Healthcare
10. Becton
11. Dickinson and Company
12. PerkinElmer Inc.
13. Oxford Gene Technology
14. Quest Diagnostics Inc.
15. Luminex Corp.
16. Takara Bio Inc.
17. Interpace Biosciences Inc.
18. AutoGenomics.

Clinical Diagnostics Holds the Promise to Unlock New Opportunities
Gene expression has established itself as a sought-after technology for applications in biotechnology, drug development, and discovery, microbiology, clinical diagnostics, pharmacogenomics, and toxicogenomics. While the world of medicine is continuously longing for early, and accurate detection/diagnosis, it will offer a strong impetus to the field of clinical diagnostics. This is particularly projected to raise the application potential of RNA expression analysis in clinical diagnostics, especially for rare genetic conditions in premature infants, and early-onset infections (EOIs). Advent of stem cell therapy, and genetic engineering further elevate the growth potential of gene expression market.
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North America Continues to Lead, Market Attractiveness of Asia Pacific Soars

Preliminary findings of regional analysis of the gene expression market suggest that North America has been in the bandwagon in terms of generating demand for gene expression analysis. The region will retain its top position globally on account of the remarkable market of gene therapy. The market here is expected to gain significantly from solid investments flowing into genetic research, favorable government initiatives, and the growing significance of NGS in the field of diagnostics.

While the US continues to spearhead the North American market for gene expression, China is at the forefront in Asia Pacific. China's recombinant DNA technology landscape has been highly dynamic and will remain the key factor driving the gene expression market in the region. Besides, the key Asian economies have been witnessing an exponentially rising rate of cancer prevalence over the past decade. The consequently expanding cancer research and critically surging need for cancer therapeutics is thus likely to fuel the growth of the gene expression market across the Asia Pacific.

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