New York, NY -- (SBWire) -- 05/13/2019 --The effects of gene activity and expression in addition to hereditary phenotypic change on cellular and physiological phenotypic traits can also be a result of environmental factors, or even be a part of normal development. The standard definition of epigenetics that is the study of hereditary observable changes in an organism that does not show up as changes in the DNA sequence makes it necessary for alterations to be hereditary, either in the of organisms or of the progeny of cells. Not only do the changes denoted in an epigenetic study affect gene activity and expression but can also be used to describe any heritable phenotypic change.
Major Players in the Epigenetics Market
The prominent players in the global epigenetics market are Agilent Technologies, Thermo Fisher Scientific, Illumina, QIAGEN N.V., PerkinElmer, Merck KGaA, Abcam plc. , Active Motif, Bio-Rad Laboratories, Inc. , New England Biolabs and, Zymo Research among others.
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Rapid Growth of the Asia Pacific Market
Asia Pacific is estimated to witness the highest CAGR during the forecast period. Increasing growth of the R&D infrastructure, continuously growing economy and increasing burden of cancer is anticipated to present a lucrative growth scenario for the epigenetics market in this region. Furthermore, increasing R&D expenditures in the region are expected to present an attractive growth prospect for the market in the coming years.
Segmentation by type, application and end user
The global epigenetics market is segmented by technology, product, and application. The technology-based segmentation of the Epigenetics market is into, histone modifications DNA methylation, and other technologies. The DNA methylation segment is predicted to occupy the largest share of the global epigenetics market.The epigenetics market, on the basis of product, is segmented into enzymes, reagents, instruments, kits, and services. The further segmented of the kits segment is into bisulfite conversion kit, RNA sequencing kit, chip sequencing kit whole genomic amplification kit, and others. The kits segment held the largest share of the market because of the rising prevalence of several forms of diseases and the growing number of research on genetic. The technological advancement in DNA methylation techniques and PCR instrument are responsible for the large share in this segment. On the basis of application, the epigenetics market is segmented into, cardiovascular diseases, metabolic diseases, oncology, developmental biology, immunology, and other applications. The largest share of the epigenetics market is supposed to be occupied by the oncology segment. Epigenetics is widely used to arrive at an action plan for oncology therapeutics to help in the reversal of irregularities in transcription.
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Some key points for TOC
1. Global Epigenetics Market - Analysis & Forecast, By Product
1.1. Introduction
1.2. Kits
1.3. Reagents
1.4. Enzymes
1.5. Instruments
1.6. Services
2. Global Epigenetics Market - Analysis & Forecast, By Technology
2.1. Introduction & Definition
2.2. Reagents & Kits
2.3. Instruments
2.4. Epigenetics Services
Increasing incidences of cancer to propel the market growth
The utilization of epigenetics provides accurate and deeper knowledge regarding the molecular basis of individual tumors, thereby providing a better, efficient and long-lasting therapeutic option in the field of oncology. According to Cancer Research UK, the number of cancer cases reported worldwide in the year 2018, was approximately around 17 million. It is further projected that within the period 2018-2040, the total incidence rate of worldwide cancer will increment by 62%. The growing incidences of cancer are anticipated to present a lucrative growth opportunity for the global epigenetics market in the coming years.
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Global Epigenetics Market CAGR by 2019 to 2030 with Analysis by Product, Technology and Application
The latest study on the Global epigenetics market for the forecast period, 2019 to 2030 classifies the industry into various segments based on the product type, end-use, and application.