Global Gene Expression Analysis Market: Overview
Gene expression makes an analysis of the study of the activity or occurrence of the making of a gene product from its coding gene. This process is considered a delicate indicator of biological activity in which a change in the gene expression pattern leads to a change of biological process.
Growth in the global gene expression analysis market is basically driven by various factors such as increased availability of gene expression databases, emerging areas of genomics, and rise in the incidences of cancer worldwide. Comparison of expression levels of one or more genes from various samples is one of the most common uses of gene expression analysis. Some of the common and interesting comparisons comprise before and after treatment, Mutant versus Wild type, normal versus diseases, spatial variations inside tissues, organs, or any other sample type.
The report on the global gene expression analysis market captures a closer view of the leading changes that have taken place lately in the techniques of chemical analysis. It also provides a view of how those changes are shaping the contours of the global gene expression analysis market. These insights are forecasted to help the industry players and investors to assess the entire ecosystem and accordingly formulate strategies.
Global Gene Expression Analysis Market: Trends and Opportunities
Declining Cost of Sequencing to Accelerate Growth of the Market
The rise in the need for personalized medicine is likely to influence the global gene expression analysis market over the timeframe of projection. Besides, increase in the funding of associated programs is estimated to fuel growth of the market over the projection period.
In addition to that, a decline in the cost of sequencing is likely to emerge as another growth promoting factor for the global gene expression analysis market. Emergence of new areas of genomics application and augmented availability of database of gene expression is estimated to support expansion of the growth of the global gene expression analysis market in the years to come.
Another significant factor that is likely to influence the growth of the global gene expression analysis market is strong emphasis on laboratory research. The drug discovery and development is another factor that is likely to offer lucrative growth opportunities for the growth of the market.
Clinical diagnostics is see an increasing application of gene expression analysis over the tenure. The microbiological and biotechnological use of gene expression analysis is estimated to see a rise over the projection period. These factors are expected to drive the market toward growth over the assessment tenure, from 2018 to 2026.
Biotechnology and pharmaceutical companies make use of gene expression analysis products and services to meet clinical research goals like biotech research, and drug development and discovery. Biopharmaceutical companies emphasize on the invention of targeted therapies, particularly for the treatment of diseases like rare and complicated genetic disorders, cancer, and others. These factors are likely to offer lucrative opportunities of growth for the market.
Global Gene Expression Analysis Market: Regional Outlook
In the global gene expression analysis market, North America is likely to wield its influence over the market over the tenure of assessment. Augmented focus on life science research on cancer by governments, increased focus on research and development activities, and setting up of bioresearch centers across the regions are likely to fuel regional growth. In addition to that, increased support from the government to raise the standard of healthcare facilities is expected to boost the expansion of the market in North America.
Emerging countries such as Brazil, China, and India are also forecasted to play an important role in offering promising growth opportunities for the global gene expression analysis market. Many established market players are seen to enter into collaborations with local players of the region to widen scope of the regional market in near future.
Global Gene Expression Analysis Market: Companies Mentioned in Report
Key players mentioned in the report are Luminex Corporation, Oxford Gene Technologies, Ltd., Thermo Fisher Scientific, Inc, Agilent Technologies Inc., F. Hoffmann-La Roche Ltd., and Eurofins Scientific.
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