Epigenetics Market Is Predicted To Reach $6,460.5 Million by 2030

The epigenetics market was worth around $1,563.8 million in 2021, which is predicted to touch $6,460.5 million value by 2030, advancing at a 17.1% CAGR between 2021 and 2030. The field of epigenetics involves research on how the environment and behavior affect gene function. It is expected that increasing the usage of epigenetics in non-oncology applications would present a lucrative potential for market expansion.

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Key Points of Epigenetics Market Report

• The North American epigenetics market has the largest revenue share. This can be ascribed to its superior healthcare infrastructure, engagement of established companies in epigenetics R&D, and growing adoption of products built using cutting-edge molecular technologies by pharmaceutical and biotechnological firms.

• Moreover, the highest CAGR, of over 15%, is expected to be seen in the APAC region between 2021 and 2030. The expansion of the APAC market will be supported by the rising healthcare awareness, a stable economy, which has strengthened the focus on research; and widespread use of diagnostic kits and assays based on NGS and PCR.

• The category of kits, assays, and reagents accounts for an over 60% share of the epigenetics market. This is largely due to the rapid development of high-tech, affordable, and easy-to-use epigenetics kits and reagents.

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For pharmaceutical and biotechnology companies, players in the field of epigenetics have been continually developing a wide range of products. These key players are PerkinElmer Inc., F. Hoffmann-La Roche Ltd., New England Biolabs Inc., QIAGEN N.V., Bio-Rad Laboratories Inc., Active Motif Inc., Abcam plc, Pacific Biosciences of California Inc., Illumina Inc., Merck KGaA, and Thermo Fisher Scientific Inc.

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