Global Epigenetics Market: Insights, Trends, and Forecast 2030

Epigenetics is the study of changes in gene expression or cellular phenotype that do not involve alterations to the underlying DNA sequence. These changes can be influenced by various environmental factors, such as diet, exposure to toxins, and life experiences, and can be passed down from one generation to the next. The study of epigenetics sheds light on how environmental and lifestyle factors can impact gene expression and contribute to a wide range of diseases and health conditions.

According to the report published by Allied Market Research, the global epigenetics market was estimated at $1.0 billion in 2020 and is expected to hit $4.1 billion by 2030, registering a CAGR of 14.8% from 2021 to 2030.

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High-end technological advancements associated with epigenetics, rise in incidences of cancer, surge in genome mapping programs, and growing number of R&D activities drive the global epigenetics market. On the other hand, standardization concerns over epigenetics-based diagnostics and dearth of skilled professionals impede the growth to some extent. However, several growth opportunities in the emerging economies have created an array of lucrative prospects for the key players in the industry.

What is the difference between genetics and epigenetics?

Genetics refers to the study of genes and inheritance, while epigenetics is the study of changes in gene expression or cellular phenotype that do not involve alterations to the underlying DNA sequence. In other words, genetics focuses on the sequence of genetic material (DNA) and how it is passed down from generation to generation, while epigenetics looks at how gene expression is influenced by factors outside of the DNA sequence.

While genetics provides the blueprint for the development and function of an organism, epigenetics can modify that blueprint by turning genes on or off, affecting the way cells differentiate and function. This allows for flexibility in response to environmental signals, but can also result in changes that persist even after exposure to the signal has ended and that can be passed on from one generation to the next.

Covid-19 Scenario-

Rise in number of epigenetic researches and increase in awareness of epigenetic drugs for the treatment of coronavirus infection has had a positive impact on the global epigenetics market.

This drift is most likely to continue till the pandemic is completely over.

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The growth of the global epigenetics market is attributed to increase in oncology cases, surge of other chronic diseases and its rising application for non-oncology applications. Moreover, increase in R & D for epigenetics is expected to further drive the market growth during the forecast period

Top 10 Companies in Epigenetics Market:

Illumina
QIAGEN
Thermo Fisher Scientific
Agilent Technologies
Roche
Merck
Abcam
Cellectis
Bio-Rad Laboratories
New England Biolabs

Note: This list is subject to change and may not be comprehensive, as the field of epigenetics is rapidly evolving and new companies are emerging. The ranking of the companies may also change based on factors such as market share, financial performance, and product offerings.

North America held the major share in 2020-

By region, the market across North America dominated in 2020, garnering nearly of the global epigenetics market, owing to rapid adoption of advanced technologies and presence of key players across North America. Simultaneously, Asia-Pacific is expected to cite the fastest CAGR of 16.3% throughout the forecast period, due to rise in R & D activities for epigenetics services and increase in healthcare investment in the region.

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