The global Epigenetics
market is likely to display a robust growth in the next couple of years
owing to augmentation in the applications and expansion of scope across the globe.
Epigenetic is a term employed to explain anything except DNA sequence that has
an impact on the growth of an organism. In simple words, it involves a wide
range of procedures that are not genetic or transmissible in nature.
The particular process studies the chemical alteration of
particular genes of an organism. Through the help of these Epigenetic
variations, the data and facts associated with the genes is conveyed and
further deployed by cells. As the scope of Epigenetic concept is expanding all over
the world, the Epigenetics market is attaining huge recognition across various
applications.
The factors that are contributing greatly in the development of
the Epigenetics Industry may entail robust industrialization, urbanization,
constant innovations, product development and differentiation, technological
enhancements, rise in the research and development activities, increasing
incidences of diseases like cancer in the population, rising prerequisites,
rise in the awareness level among the end users, and augmenting needs among the
masses.
Besides, factors such as rise in the number of studies to detect
and advance the drugs for numerous diseases, reduction in the sequencing costs
as well as duration and augmentation in the funding for epigenetics research
are also offering a great impetus to the overall market growth. Moreover, the
manufacturers are taking up several policies including joint ventures,
acquisitions, as well as partnerships that is in turn leading to the inorganic
growth of the Epigenetics industry.
Epigenetics Industry can be classified by product as Mass Spectrometer, PCR, Kit,
Enzymes, Reagent, Bioinformatics, NGS, and others. Among all the product types,
the Kit section is leading the market. Epigenetics industry can be split by
technologyas Histone Methylation, Histone Acetylation, Chromatin Structures,
Large Noncoding RNA, MicroRNA Modification, DNA Methylation, and others. Among
all the technologies, the DNA Methylation is holding a significant share in the
market.
Epigenetics market can be segmented by application as Infectious
Diseases, Oncology, Solid Tumors, Liquid Tumors, Metabolic Diseases,
Cardiovascular Diseases, Inflammatory Diseases, Non-Oncology, and others. Among
all the applications, it has been found that the Oncology segment is taking up
the largest share in the market. This industry can be categorized by end user
as CRO, Academic, and others. This market can be divided by geography as North
America, Europe, China, Japan, Southeast Asia, and India.
Geographically, North America is holding the topmost position in
the Epigenetics industry and it is at the same time registering for a
significant share in the market, the reasons being increase in the occurrences
of numerous diseases, rise in the epigenetics research and development
activities, mounting research and development expenditure, existence of
prominent companies in the region, and emergence of funding initiatives by the
government authorities.
On the other hand, it is estimated that Europe is also emerging as
one of the promising regions in the industry owing to rise in the market growth
opportunities and developing nations. The prominent players contributing in the
development of the Epigenetics market are recognized as Illumina Inc, Active
Motif Inc., Zymo Research Corporation, Merck & Co. Ltd., Qiagen, Roche,
Eisai Co. Ltd., Novartis AG, Thermo Fisher Scientific, Cellcentric Limited,
Chroma Therapeutics, Oncoloys Biopharma Inc., Syndex Pharmaceuticals, Valirx
Plc, Abcam, Diagenode, and Sigma-Aldrich Corporation.
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