Press release
Global Transfection Technologies Market to Reach $1.9 Billion by 2029, Growing at 8.9% CAGR
Transfection Technologies
Increased advancements in gene therapy are predicted to contribute to the expansion of the transfection technologies market in the future. Gene therapy, which endeavours to prevent or treat illnesses by alternations in genes such as fixing, inserting, or substituting malfunctioning genes, is proliferating due to advancements in genetic studies, more effective delivery methods, and its capacity to manage previously untreatable genetic disorders. Transfection technologies play an indispensable role in gene therapy, enabling accurate, secure, and efficient delivery of genetic content into cells. These technologies facilitate both short-term and permanent changes to the genome, which are key to addressing genetic diseases and different types of cancer. For example, a report jointly presented by the American Society of Gene & Cell Therapy (ASGCT), a professional organization based in the USA, and Citeline, a US-based company specializing in medication and devices, revealed that as of July 2023, there were 247 Phase II gene therapies by the end of the first quarter (Q1) of 2023. This quantity increased by 5%, equating to 260 by the conclusion of the second quarter (Q2). Consequently, the surge in gene therapy results in the advancement of the transfection technologies market.
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How will the growth rate of the transfection technologies market shape industry trends by 2034?
The market size for transfection technologies has seen robust expansion over the past years. The market is projected to surge from $1.21 billion in 2024 to $1.32 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.2%. The surge during the historic period can be ascribed to the escalating incidence of chronic ailments, broader usage of transfection technologies, mounting demand for cell and gene therapy, increased funding in R&D, and a surge in cancer cases.
The market for transfection technologies is projected to experience substantial growth in the upcoming years, ballooning to $1.85 billion in 2029 with a compound annual growth rate (CAGR) of 8.9%. This uptick for the forecasted period can be ascribed to the escalating prevalence of chronic and immunological illnesses, the burgeoning necessity for cell-based treatments, the amplified demand for protein manufacturing, increased investments and funding aimed at drug delivery system development, and the surging demand for monoclonal antibodies. Key trends for the prognosticated timeframe include an expansion in RnD within the realm of cell-based treatments, the adoption of cutting-edge transfection methodologies, a growing demand for advanced therapeutic delivery mechanisms, the rising utilization of dual-reporter assays and co-transfection experiments, and a sharpened focus on personalized healthcare.
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What trends are poised to drive the future success of the transfection technologies market?
Big players in the transfection technologies market are concentrating on the creation of cutting-edge technology like mechanoporation transfection systems. These systems are geared towards facilitating more intricate and tailor-made applications in the field of research and medicine. This mechanoporation approach employs mechanical forces to temporarily create openings in cell membranes, thus allowing genetic material to penetrate cell barriers. The process is highly effective and minimally intrusive, ensuring healthier cell survival. For example, STEMCELL Technologies, a pioneer in biotechnology based in Canada, unveiled its revolutionary transfection system, CellPore, in July 2024. The system is comprised of a benchtop unit and the CellPore Transfection Kit 300, together with a specially crafted reagent kit and single-use dispensing cartridges. Leveraging controlled rapid distortion in microfluidic channels, CellPore proficiently injects small molecules, nucleic acids, proteins, and gene editing complexes into cells, while minimizing cell disruption and ensuring excellent survival. These functionalities play a pivotal role in advancing research and the development of novel cell and gene therapies.
Which primary segments of the transfection technologies market are driving growth and industry transformations?
The transfection technologiesmarket covered in this report is segmented -
1) By Product: Kits And Reagents, Equipment, Other Products
2) By Transfection Method: Lipofection, Electroporation, Nucleofection, Cotransfection, Cationic Lipid Transfection, In-Vivo Transfection, Other Transfection Methods
3) By Application: Virus Production, Protein Production, Gene Silencing, Stem Cell Reprogramming And Differentiation, Stable Cell Line Generation, Therapeutic Delivery, Biomedical Research, Other Applications
4) By End-User: Pharmaceutical And Biotechnology Companies, Contract Research Organizations (CROs) And Contract Development And Manufacturing Organizations (CDMOs), Academic And Research Institutes, Other End-Users
Subsegments:
1) By Kits And Reagents: Transfection Kits, RNAi Reagents, DNA Reagents, Protein Transfection Reagents
2) By Equipment: Electroporation Devices, Microinjection Equipment, Lipofection Devices, Sonoporation Equipment
3) By Other Products: Transfection Software, Transfection Consumables, Custom Transfection Solutions
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What regions are leading the charge in the transfection technologies market?
North America was the largest region in the transfection technologies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the transfection technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the transfection technologies market landscape?
Major companies operating in the transfection technologies market are Thermo Fisher Scientific Inc., Lonza Group Ltd., Agilent Technologies Inc., Sartorius AG, Revvity Inc., Bio-Rad Laboratories Inc., QIAGEN N.V., Bio-Techne Corp., STEMCELL Technologies Inc., Promega Corporation, Takara Bio Inc., OriGene Technologies Inc., Applied Biological Materials Inc., MaxCyte Inc., New England Biolabs Inc., Cell Signaling Technology Inc., System Biosciences LLC, AMSBIO LLC, Altogen Biosystems, OZ Biosciences, Biontex Laboratories GmbH, RJH Biosciences Inc.
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What Is Covered In The Transfection Technologies Global Market Report?
•Market Size Forecast: Examine the transfection technologies market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the transfection technologies market for a structured understanding.
•Key Players Overview: Analyze major players in the transfection technologies market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the transfection technologies market.
•Segment Contributions: Evaluate how different segments drive overall growth in the transfection technologies market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the transfection technologies market.
•Industry Challenges: Identify potential risks and obstacles affecting the transfection technologies market.
•Competitive Landscape: Review strategic developments in the transfection technologies market, including expansions, agreements, and new product launches.
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