Dublin, June 12, 2024 (GLOBE NEWSWIRE) — The “Global Gene Expression Analysis Market Report by Products and Services, Technology, Capacity, End User and Region 2024-2032” report has been added to the ResearchAndMarkets.com’s The offer of
The global gene expression analysis market size reached USD 5.1 billion in 2023. Looking ahead, the market is projected to reach USD 11 billion by 2032, exhibiting a CAGR of 8.92% during 2023-2032 .
The increasing adoption of molecular targeted therapies, along with the growing demand for personalized medicine, is among the major factors driving the market growth. GEA has proven to be a powerful tool in molecular biology studies, which are used to understand gene function, diagnose disease and facilitate drug development. Moreover, increasing prevalence of chronic diseases such as cancer, tuberculosis and cardiovascular and genetic disorders is giving a significant impetus to the market growth.
Also, the development of personalized drugs to cure these diseases has enabled the modification of diagnostic and treatment methods according to the individual requirements of the patient. Furthermore, various technological advances, such as the advent of Next Generation Sequencing (NGS), along with the development of genomic databases, higher GEA success rates and an increased focus on research and development (R&D) in gene therapy are further anticipated to drive market growth.
Competitive landscape
The competitive landscape of the industry has also been examined with some of the key players being Agilent Technologies, Inc., BGI Genomics Co., Ltd., Bio-Rad Laboratories, Inc., Eurofins GSC Lux SARL, F. Hoffmann-La Roche Ltd, GE Healthcare, Illumina, Inc., Oxford Gene Technology IP Limited, Pacific Biosciences of California Inc., PerkinElmer Inc., QIAGEN GmbH, Thermo Fisher Scientific Inc. etc.
Key questions answered in this report
- How big is the global gene expression analysis market?
- What is the expected growth rate of global gene expression analysis market during 2024-2032?
- What are the key factors driving the global gene expression analysis market?
- What has been the impact of COVID-19 on the global gene expression analysis market?
- What is the breakdown of the global gene expression analysis market based on product and services?
- What is the breakdown of the global gene expression analysis market based on technology?
- What is the breakdown of the global gene expression analysis market based on capacity?
- What is the breakdown of the global gene expression analysis market based on end user?
- Which are the leading regions in the global gene expression analysis market?
- Who are the leading players/companies in the global Gene Expression Analysis market?
Main attributes:
| The report attribute | The details |
| number of pages | 136 |
| Forecast period | 2023 – 2032 |
| Estimated market value (USD) in 2023 | 5.1 billion dollars |
| Projected market value (USD) by 2032 | 11 billion dollars |
| Compound Annual Growth Rate | 8.9% |
| Regions covered | global |
Main market segmentation
This report provides an analysis of key trends in each sub-segment of the global gene expression analysis market report, along with global, regional and country-level forecasts from 2024-2032. The report has categorized the market based on products and services, technology, capacity and end users.
Division by products and services:
- Consumables
- instruments
- sERVICE
Division by technology:
- polymerase chain reaction (PCR)
- Next Generation Sequencing (NGS)
- DNA microarray
- Sanger sequencing
- Others
Division by capacity:
- Expression analysis of low- to mid-plex genes
- High-Plex Gene Expression Analysis
Sharing by end user:
- Pharmaceutical and biotech companies
- Academic Institutes and Research Centers
- Others
Featured companies
- Agilent Technologies Inc.
- BGI Genomics Co. Ltd.
- Bio-Rad Laboratories Inc.
- Eurofins GSC Lux SARL
- F. Hoffmann-La Roche Ltd
- GE Healthcare
- Illumina Inc.
- Oxford Gene Technology IP Limited
- Pacific Biosciences of California Inc.
- PerkinElmer Inc.
- QIAGEN GmbH
- Thermo Fisher Scientific Inc.
For more information about this report visit https://www.researchandmarkets.com/r/79bj1l
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Global Gene Expression Analysis Market
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