According to a new report published by Persistence Market Research, the global Gene Expression Analysis Market value is projected to exceed US$ 7.28 billion by 2028. According to the report, the global Gene Expression Analysis Market will witness 8.4% CAGR between 2022 and 2028. The global gene expression analysis market is likely to grow as a result of many factors such as increased government funding for genomics, increased use of personalized medicine, and rapid technological improvements.
Personalized medicine is getting more popular as the number of genetic illnesses is increasing, and better knowledge of personalized medicine is driving the market at a rapid pace. Furthermore, technological advancements such as NGS and molecular services are driving the demand for gene expression services.
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Company Profiles:
- Agilent Technologies, Inc.
- Bio-Rad Laboratories, Inc.
- General Electric Company
- Illumina, Inc.
- Luminex Corporation
- Oxford Gene Technology IP
- PerkinElmer, Inc
- QIAGEN NV
- Roche Holding AG
- Thermo Fisher Scientific, Inc
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Emerging economies to drive the market growth
Emerging economies such as India and Brazil are expected to drive the growth of the gene expression analysis market in the upcoming period. This is attributed to various established players entering into collaboration deals with organizations in these countries. Other countries such as Singapore and Qatar are also seeing tremendous progress in their personalized medicine and genomics sectors.
Impact of Covid-19 on the Gene Expression Analysis Market
The Covid-19 pandemic has caused an increment in the gene expression analysis market, as researchers have worked constantly to acquire insights into cellular processes to develop a cure for the virus. This situation is likely to continue in the near future.
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PMR has presented a comprehensive report based on Gene Expression Analysis Market as per Type of Product (Kits & Reagents, DNA Clips, and Others), Capacity (Low – to Mid-Plex, and High-Plex), Application (Drug Discovery & Development, Clinical Diagnostics, Biotechnology & Microbiology, and Others), Technology (Northern Blotting, DNA Microarrays, PCR techniques RNA-Seq, Western Blotting, 2-D Gel Electrophoresis, Immunoassays, Mass Spectrometry, ChIP (Chromatin Immunoprecipitation), and Others), based on seven regions.
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