Transfection Reagents and Equipment Market Size Trends Analysis 2022-2029

The Transfection Reagents and Equipment Market is expected to grow at a CAGR of 7.45% during the forecast period 2022-2029. North America region has the highest market share in the Transfection Reagents and Equipment Market, and it is further continuing its dominance during the forecast period.

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Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also report contains a number of major companies profiled in the relevant market.

Market Drivers:

The rising frequency of malignant growth is one of the overwhelming elements pushing the worldwide transfection reagents and gear market. For instance, according to the World Health Organization (WHO), cancer is the leading cause of death worldwide and will cause approximately 10 million deaths worldwide by 2020. Tobacco use, having a high body mass index, drinking alcohol, not eating enough fruits and vegetables, and not getting enough exercise are all factors that account for about one third of cancer deaths. As a result, the market is being driven by the rising incidence of cancer.

In addition, infectious diseases constitute a significant global health issue in terms of mortality and morbidity. Both susceptibilities to microbes and the course of infection are determined by a complex combination of environmental, pathogen, and host genetic factors. In addition, there was an increase in the number of visits to the emergency department that ended in hospital admission and a primary hospital discharge diagnosis of infectious and parasitic diseases. As a result, the market is being driven by the rising prevalence of infectious diseases. In addition, the biopharmaceutical industry has recently experienced a significant patent cliff with the expiration of several popular biologics' patents. As a result, to avoid losing money, a number of businesses have started investing in biosimilar alternatives to off-patent biologics. As a result, the market has benefited greatly from the patent cliff threat by increasing the rate of transfection technology adoption.

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Market Segmentation:
By Product Type:
• Reagents (Lipid Mediated Transfection, DEAE-Dextran, Calcium Phosphate, Activated Dendrimers, Cationic Polymers, Others)
• Equipment (Liposomes, Electroporation, Microinjection, Laserfection, Others)

By Application:
• Biomedical Research (Cancer Research, Gene Expression, Transgenic Models)
• Protein Production
• Therapeutic Delivery

Geographical Classification:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Major Companies Listed:

Bio-Rad Laboratories, Inc., Merck KGaA, Agilent Technologies, Illumina, Inc., Norgen Biotek Corp., QIAGEN, PerkinElmer Inc., OriGene Technologies Inc., Promega Corporation, and Thermo Fisher Scientific Inc.

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This release was published on openPR.