Epigenetics Market to be worth USD 4.1 billion by 2030 | Merck Millipore, QIAGEN N.V., Active Motif, Inc., PerkinElmer, Inc., Agilent Technologies, Inc., Zymo Research

Key Takeaways:

The instruments segment, on the other hand, is projected to cite the fastest CAGR of 16.3% throughout the forecast period.

The non-oncology segment is projected to manifest the fastest CAGR of 15.3% from 2021 to 2030.

Asia-Pacific is expected to cite the fastest CAGR of 16.3% throughout the forecast period.

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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Here are some examples of how epigenetics is being used today:

Epigenetics is being used to develop new cancer therapies. For example, epigenetic drugs are being used to treat leukemia and lymphoma.
Epigenetics is also being used to develop new treatments for other chronic diseases, such as diabetes and cardiovascular diseases.
Epigenetics is also being used to develop new diagnostic tools. For example, epigenetic biomarkers are being used to diagnose cancer and other chronic diseases.
Market Segmentation:

Product type:

Kits and reagents: This segment includes kits and reagents used for epigenetic research and drug discovery.
Instruments: This segment includes instruments used for epigenetic research and drug discovery, such as DNA sequencers, PCR machines, and mass spectrometers.
Software: This segment includes software used for epigenetic data analysis and interpretation.

Application:

Oncology: This segment includes epigenetic products and services used for the diagnosis, treatment, and monitoring of cancer.
Infectious diseases: This segment includes epigenetic products and services used for the diagnosis, treatment, and monitoring of infectious diseases.
Cardiovascular diseases: This segment includes epigenetic products and services used for the diagnosis, treatment, and monitoring of cardiovascular diseases.

End user:

Academic and research institutes: This segment includes universities, research hospitals, and government research institutes.
Pharmaceutical and biotechnology companies: This segment includes companies that develop and market epigenetic drugs and diagnostics.

Geography:

North America: This region is the largest market for epigenetics products and services.
Europe: This region is the second-largest market for epigenetics products and services.
Asia Pacific: This region is the fastest-growing market for epigenetics products and services.
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Regional Growth Dynamics:

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.

Competitive Landscape:

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.

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Key Questions Answered in the Intelligent Study

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

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