Rapidly Expanding Gene Expression Market: Insight on Growth Drivers, Key Players and Emerging Trends

Projected to Rise from $11.55 billion in 2024 to $20.25 billion in 2029, the Global Gene Expression Market Continues to be Propelled by a Surge in Precision Medicine, Spatial Transcriptomics, and Advancements in Gene Editing Technology.

What Is The Projected Market Size Of The Global Gene Expression Market And Its Growth Rate?

• The gene expression market size has grown significantly in recent years. In 2024, the market size was $11.55 billion.
• This market will rise to $12.79 billion in 2025, displaying a compound annual growth rate (CAGR) of 10.7%. This growth can be attributed to the increasing focus on precision medicine, rise in cancer research and biomarker discovery, application in disease diagnosis and prognosis, integration with systems biology approaches, and drug discovery development.
• It is expected to witness rapid growth in the future, reaching $20.25 billion in 2029 with a CAGR of 12.2%. Emergence of spatial transcriptomics, rise in epigenomic studies, global health events, pandemic readiness, focus on non-coding RNA exploration, and increased use in immunotherapy research are driving growth during this period.

What Is Driving The Growth In The Gene Expression Market?

The increased focus on precision medicine is a significant factor propelling the growth of the gene expression market. In this approach, individual's genes or proteins are used to diagnose, prevent or treat diseases. By measuring and comparing genes and transcripts in tissues with different medical conditions, gene expression helps provide patient-centric treatment. For instance, a report by the Personalized Medicine Coalition (PMC), revealed that personalized medicines accounted for 35% of freshly approved NMEs in 2021, up from less than 10% a decade ago. This rise is driving the gene expression market.

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Who Are The Key Players Driving Gene Expression Market Growth?

Major companies operating in the gene expression market include:

- 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
- OriGene Technologies Inc.
- Luminex Corporation
- Takara Bio Inc.
- Danaher Corporation
- ELITechGroup
- Biocartis Group NV
- Integragen SA
- Oxford Nanopore Technologies Limited
- Phalanx Biotech Group
- Roche Holding AG
- Sengenics Corporation Pte Ltd.
- GenXPro GmbH
- Twist Bioscience Corporation
- Zymo Research Corporation
- Abcam plc.
- Bio-Techne Corporation

What Are The Key Trends In The Gene Expression Market?

Key Emerging Trends in the Gene Expression Market 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.

What Are The Segments Of The Global Gene Expression Market?

The gene expression market is segmented by:

1) Product: Kits And Reagents, DNA Chip Or Microarray, Other Products
2) Process: Sample Collection, Purification, cDNA Synthesis And Conversion, PCR Analysis, Data Analysis And Interpretation
3) Technique: RNA Exp, Promoter Analysis, Protein Exp. And Posttranslational Modification Analysis
4) Application: Drug Discovery And Development, Clinical Diagnostics, Biotechnology And Microbiology, Other Applications.

Which Region Leads The Gene Expression Market?

North America was the largest region in the gene expression market in 2024, while Asia-Pacific is expected to be the fastest-growing region.

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What Is Covered In The Gene Expression Market Global Market Report?

- Market Size Analysis: Analyze the Gene Expression Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Gene Expression Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Gene Expression Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Gene Expression Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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