Press release
Epigenetics Market Revenue to Cross USD 4.1 billion by 2030 | Zymo Research, Abcam Plc., Thermo Fisher Scientific Inc., Merck Millipore, Agilent Technologies, Inc., QIAGEN N.V.
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Key Takeaways:
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.
Standardization concerns over epigenetics-based diagnostics and dearth of skilled professionals impede the growth to some extent.
Several growth opportunities in the emerging economies have created an array of lucrative prospects for the key players in the industry.
North America dominates the global epigenetics market.
Research Methodology
The research operandi of the global class epigenetic market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.
Key Market Segments:
By Product:
Reagents
Enzymes
Instruments
Kits
By Application :
Oncology
Non Oncology
By End User :
Academic and Research Institutes
Pharmaceutical and Biotechnology Companies
Contrac Research Organizations
By Region :
North America (U.S., Canada, Mexico)
Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
LAMEA (Middle East And Africa, Latin America)
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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.
Regional Growth Dynamics
The epigenetics market size of North America generated revenue worth $468.84 million in 2020, and is anticipated to dominate the global epigenetics market in the future. This is attributed to developed healthcare infrastructure, wide availability of advanced epigenetics products, large presence of key players, and presence of trained medical professionals. However, Asia-Pacific is expected to witness highest growth rate during the forecast period, owing to rise in awareness related to epigenetics industry, increase in penetration of key players in emerging countries in Asia-Pacific, and development in infrastructure for research and clinical settings.
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Key players in the industry-
Abcam Plc.
PerkinElmer, Inc.
Zymo Research
QIAGEN N.V.
Merck Millipore
Agilent Technologies, Inc.
Illumina Inc.
Active Motif, Inc.
Hologic Inc.
Thermo Fisher Scientific Inc.
VALUE PROPOSITIONS RELATED TO THE REPORT:
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Comprehensive quantitative and qualitative insights at segment and sub-segment level
Covid 19 impact trends and perspective
Granular insights at global/regional/country level
Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
Blanket coverage on competitive landscape
Winning imperatives.
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