Gene Expression Analysis Market Worth $4.3 Billion by 2018
DALLAS, February 19, 2014 /PRNewswire/ –
According to the new market research report, “Gene Expression Analysis Market
- by Technology (DNA Microarray, Real-Time PCR, Next Generation Sequencing),
Consumables (DNA Chips, Reagents), Services (Gene Profiling, Bioinformatics, Data Analysis
Software) & Applications – Global Forecast To 2018″, published by MarketsandMarkets, Gene
expression analysis market estimated at $2.6 billion in 2013 and is expected to reach $4.3
billion by 2018, growing at a CAGR of 10.4% from 2013 to 2018.
Browse 72 market data tables and 20 figures spread through 227 pages and in-depth TOC
on “Gene Expression Analysis Market – Global Forecast To 2018″
Early buyers will receive 10% customization on this report.
The Gene Expression Analysis Market analyzes and studies the major market drivers and
restraints in North America, Europe, Asia, and the Rest of the World (RoW).
This report covers the definition, description, and forecast of the global Gene
Expression Analysis Market in terms of instrumentation, consumables, services, and
applications. Based on technology, the Gene Expression Analysis Instrumentation Market
comprises DNA microarrays, real-time PCR, next-generation sequencing, and others. The
consumables market is categorized into DNA chips and reagents, while the services market
is further sub-segmented into gene expression profiling services, bioinformatics
solutions, data analysis software, and others.
Over the years, Gene Expression Analysis has evolved significantly and is widely used
for the diagnosis and treatment of various disorders like cancer, Alzheimer’s, and
Parkinson’s, among others. In the past few years, the market has witnessed significant
technological advancements, as companies have introduced newer sequencing and analysis
platforms. This has aided in the diagnosis and treatment of diseases. Increasing number of
cancer patients, growth in the number of funding activities, technological advancements,
and increased interest in gene expression for research and discovery are the major factors
driving the growth of this market. Moreover, various government bodies have extended their
help in the form of investments, funds, and grants, which has further stimulated the
growth of the Gene Expression Analysis Market.
North America dominated the global Gene Expression Analysis Market, followed by Europe
and Asia. The continued developments in the North American market are triggered by the
increase in funding, to address the growth in the number of cancer patients. Asia is
expected to grow at the highest CAGR. This can be attributed to the presence of
high-growth markets such as India and China, improved funding scenario in this region,
increasing number of conferences and exhibitions on gene expression, and increased focus
on cancer research.
Life Technologies (U.S.), QIAGEN N.V. (Netherlands), Illumina, Inc. (U.S.), Roche
Diagnostics (Switzerland), Bio-Rad Laboratories, Inc. (U.S.), Agilent Technologies (U.S.),
Affymetrix, Inc. (U.S.), GE Healthcare (U.K.), Thermo Fisher Scientific (U.S.),
PerkinElmer, Inc. (U.S.), Luminex Corporation (U.S.), and Oxford Gene Technology, Inc.
(U.K.) are some of the prominent players in the global Gene Expression Analysis Market.
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