Gene Expression Market Size, Share Analysis, Top Players, And Forecast To 2033

The gene expression market size has grown rapidly in recent years. It will grow from $10.54 billion in 2023 to $11.68 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to increasing focus on precision medicine, rise in cancer research and biomarker discovery, application in disease diagnosis and prognosis, integration with systems biology approaches, drug discovery and development needs..

The gene expression market size is expected to see rapid growth in the next few years. It will grow to $18.07 billion in 2028 at a compound annual growth rate (CAGR) of 11.5%. The growth in the forecast period can be attributed to emergence of spatial transcriptomics, rise in epigenomic studies, global health events and pandemic preparedness, focus on non-coding rna exploration, increased utilization in immunotherapy research.. Major trends in the forecast period include single-cell rna sequencing , advancements in next-generation sequencing , integration of multi-omics data, advancements in gene editing technologies, liquid biopsy development, spatial omics in drug discovery..

Market Overview -
Gene expression refers to the process by which the information encoded from a gene is used in the production of a functional product, such as a protein. They are used for directing the assembly of a protein molecule and proteins dictate the cell function.

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The Impact Of Precision Medicine On Gene Expression Market Growth
The increased focus on precision medicine is expected to propel the growth of the gene expression market going forward. Precision medicine uses information about an individual's genes or proteins to diagnose, prevent or treat disease. Gene expression is adopted in precision medicine to identify abnormalities in normal function and physiologic regulation of an individual by measuring and comparing the genes and transcripts in tissues with different medical conditions, which helps to provide patient-centric treatment. For instance, in 2021, according to Personalized Medicine Coalition, a US-based professional membership organization representing innovators, scientists, patients, providers, and payers, promotes the understanding and adoption of precision medicines, precision medicines accounted for more than 25% of FDA approvals in the last seven years, and a further 35% of medicine approved in 2021 were precision medicines. Therefore, the increased focus on precision medicine is driving the gene expression market.

Competitive Landscape -
Major companies operating in the gene expression market report are Thermo Fisher Scientific Inc., Qiagen NV, Illumina Inc., Bio-Rad Laboratories Inc., Agilent Technologies Inc., PerkinElmer Inc., GE Healthcare, F Hoffmann-La Roche Ltd, Oxford Gene Technology IP Limited, Promega Corporation, Quest Diagnostics Inc., Interpace Biosciences Inc., OriGene Technologies Inc., Luminex Corporation, Takara Bio Inc., Danaher Corporation, ELITechGroup, AutoGenomics Inc., Biocartis Group NV, Integragen SA, Oxford Nanopore Technologies Limited, Phalanx Biotech Group, QIAGEN Inc., Quest Diagnostics Incorporated, Roche Holding AG, Sengenics Corporation Pte Ltd., GenoSensor Corporation, GenXPro GmbH, Twist Bioscience Corporation, Zymo Research Corporation, Abcam plc., Bio-Techne Corporation .

The Role Of Rna Gene Expression Technology In Biomedical Advancements
Technological advancement is a key trend in the gene expression market. Major companies operating in the gene expression market are advancing toward RNA gene expression technology. For instance, in September 2022, Enzo Biochem, Inc., a US-based leader biosciences and diagnostics company, launched the AMPIVIEW, a new platform designed for superior sensitivity in the detection and visualization of biomarkers in cells and tissue samples. AMPIVIEW is an RNA gene expression platform that uses in-situ hybridization technology for detecting HPV and SARS-CoV-2 using specific and sensitive detection of target genes in the tissue or cell while preserving the morphology.

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Key Segments -
The gene expression market covered in this report is segmented -
1) By Product: Kits And Reagents, DNA Chip Or Microarray, Other Products
2) By Process: Sample Collection, Purification, cDNA Synthesis And Conversion, PCR Analysis, Data Analysis And Interpretation
3) By Technique: RNA Exp, Promoter Analysis, Protein Exp. And Posttranslational Modification Analysis
4) By Application: Drug Discovery And Development, Clinical Diagnostics, Biotechnology And Microbiology, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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