DNA Methylation Sequencing Market Size Share Value Analysis 2022-2029

The DNA Methylation Sequencing Market is expected to grow at a CAGR of 15.6% during the forecast period 2022-2029. North America region has the highest market share in the DNA Methylation Sequencing 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:

Oncology is one of the disciplines where DNA methylation technology is widely employed to develop therapeutic options for rectifying the cancer epigenome's transcriptional aberrations. Changes in gene function or expression and cellular transformation lead to cancer when epigenetic alterations, such as DNA methylation and histone modification, are disrupted. The importance of DNA methylation technology in oncology may be seen in developing inhibitors of DNA methyltransferases and histone deacetylases (HDACs), which have been proven to be clinically effective in cancer treatment.

According to the World Health Organization, approximately 1.8 million new cancer cases were diagnosed worldwide in 2018. According to the WHO, nearly 70% of cancer deaths occur in low- and middle-income countries. Only one in five low- and middle-income countries has the data needed to drive cancer-related policies. This global and widespread threat of cancer remains a major motivator for developing new cancer therapies that aid in risk assessment, early diagnosis, and effective treatment monitoring. Government funding is also one of the main growth factors for the DNA methylation market. Increased government funding will help research institutes and key players develop and market novel assays useful for diagnosing various tumors. As funding increases, the cancer profiling market will become more liquid, and companies will develop new testing methods to identify the underlying mutations that may cause the disease. As a result, all of these factors are expected to contribute to market growth during the forecast period.This contributes to the growth of the global DNA methylation sequencing market.

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Market Segmentation:

By Product:
• Instruments
• Consumables
• Software

By Technology:
• Polymerase chain reaction
• Microarray
• Others

By Application:
• Oncology Research
• Non-Oncology Research
• Clinical Application
• Translational Research

By End-User:
• Pharmaceutical and Biotechnology Companies
• Research Centers
• Contract Research Organizations
• Others

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

Major Companies Listed:

Abcam plc,Active Motif Inc, Agilent Technologies Inc, Bio-Rad Laboratories Inc,Diagenode Diagnostics SA, EpiGentek Group Inc,Exact Sciences Corporation, F.Hoffmann-La Roche Ltd,Illumina Inc, Merck KGaA, New England Biolabs Inc, Pacific Biosciences of California Inc, Perkin Elmer Inc, QIAGEN N.V., Thermo Fisher Scientific Inc, Zymo Research Research Corporation.

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This release was published on openPR.