PUBLISHER: Value Market Research | PRODUCT CODE: 1578204
PUBLISHER: Value Market Research | PRODUCT CODE: 1578204
The global demand for Gene Expression Analysis Market is presumed to reach the market size of nearly USD 34.39 Billion by 2032 from USD 21.1 Billion in 2023 with a CAGR of 5.58% under the study period 2024-2032.
Gene expression analysis or GEA is the method of extracting data to investigate the behaviour of biological systems. Gene expression analysis combines various steps-transcription, RNA splicing, translation, and post-translational modification of a protein. This process is viewed as a sensitive indicator of biological activity in which a change in gene expression pattern results in the difference in the biological process. GEA has proven to be an effective tool in molecular biology research, which is used to understand the functioning of genes, diagnose diseases, and help in drug development.
The increased need for personalized medicine will likely influence the global gene expression analysis market over the projection timeframe. Besides, increased funding of associated programs is estimated to fuel market growth in upcoming years. Moreover, the rising prevalence of cancer patients globally has led to the rise in demand and application of gene expression analysis. Another significant factor likely to influence the growth of the global gene expression analysis market is the strong emphasis on laboratory research. Drug discovery and development are other factors that are likely to offer lucrative growth opportunities for market growth. Additionally, increased government funding in the direction of genomics has further propelled the market growth rate. However, factors such as lack of skilled labour, lack of awareness and high cost of instruments may hamper the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Gene Expression Analysis. The growth and trends of Gene Expression Analysis industry provide a holistic approach to this study.
This section of the Gene Expression Analysis market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Gene Expression Analysis market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Gene Expression Analysis market include Qiagen, Quest Diagnostics Inc., F. Hoffmann-La Roche Ltd., Illumina Inc., PerkinElmer Inc., Bio-Rad Laboratories, Thermo Fisher Scientific Inc., Agilent Technologies, GE Healthcare, Promega Corp., Luminex Corp., Takara Bio Inc., Danaher Corp., ELITechGroup, AutoGenomics, Biocartis NV, IntegraGen, Interpace Biosciences Inc., Fluidigm Corp. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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