Epigenetics Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030. The global epigenetics market was valued at over US$ 800.0 Mn. in 2017 and is expected to grow at a double digit CAGR during the forecasted period.
New York, NY -- (SBWIRE) -- 06/25/2019 -- The global epigenetics market is driven by technological advancements in the genomics arena, increasing research expenditure in genetics, reduced price of DNA sequencing and incidences of cancer. However, high costs of epigenetic instruments is anticipated to somewhat restrict the lucrative growth of the epigenetics market during the forecast period.
Epigenetics is an extension of genetics and developmental biology, which involves study of cellular and physiological trait variations initiated by external or environmental stimuli. Epigenetics deals with changes in gene expression caused by certain base pairs in DNA & RNA, which are "turned off" or "turned on", through chemical reactions contrary to being affected by changes in the nucleotide sequence. Epigenetic alterations result in a change in phenotype, with the genotype of the organism being constant. Epigenetics changes are influenced by different factors, such as age, surrounding environment, lifestyle, disease state, and others.
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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.
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 is expected to present an attractive growth prospect for the market in the coming years.
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Epigenetics Market by Product
On the basis of product, the epigenetics market is segmented into kits, reagents, enzymes, instruments and services. The kits segment is further segmented into whole genomic amplification kit, RNA sequencing kit, chip sequencing kit, bisulfite conversion kit and others. Kits accounted for the largest share of the market owing to growing number of research on genetic and rising prevalence of several forms of diseases.
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Some Key Points for TOC
1. INTRODUCTION
1. Market Definition
2. Market Ecosystem
1. Market Classification
2. Geographic Scope
3. Years Considered for the Study
1. Historical Years – 2016 & 2017
2. Base Year – 2018
3. Forecasted Years – 2019 to 2030
3. Currency Used for the Study
4. Report Beneficiary List
2. RESEARCH METHODOLOGY
1. Research Framework
2. Data Collection Technology
3. Data Sources
1. Secondary Sources
2. Primary Sources
4. Market Estimation Methodology
1. Bottoms Up Approach
2. Top Down Approach
5. Data Validation and Triangulation
1. Market Forecasting Model
2. Limitations of the Study
3. Assumptions of the Study
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