Global Gene Expression Analysis Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global gene expression analysis market in its upcoming report titled, “Global Gene Expression Analysis Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global gene expression analysis market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global gene expression analysis market is segmented on the basis of consumables, instruments, application, and region.

Gene expression analysis is a process by which genes are transcribed for synthesis of functional group products such as functional RNA species, protein products, non-protein functional products, etc. Gene expression analysis provides molecular level insights of gene functions. DNA interpretation by gene expression gives rise to organism’s phenotype, which are observable traits of an individual.

Development of advanced healthcare structure coupled with increasing adoption of advanced technologies in drug development and modern diagnostics are major factors driving growth of the global gene expression analysis market. In addition, rising government and private funding towards genomics is another factor expected to further drive growth of the global market to a significant extent during the forecast period. Moreover, increasing prevalence of genetic conditions and disorders, and cancer, and increasing demand for precision medicine are other factors further fueling growth of the global gene expression analysis market.

A major factor hampering growth of the global gene expression analysis is high cost of instruments. In addition, lack of skilled professionals in some underdeveloped and developing countries is another factor restraining growth of the target market.

North America dominates the global gene expression analysis market in terms of revenue contribution and is expected to maintain its dominance over the forecast period. This growth can be attributed to rising investment and increasing R&D activities towards development of gene therapy, especially in the US. The market in Asia Pacific is expected to witness significant growth in the target market and is projected to register a CAGR of X.X% during the forecast period, owing to increasing government initiative towards development of healthcare sector in countries such as China, India, etc.

Global Gene Expression Analysis Market Segmentation:

Segmentation by consumable:

• DNA Chips
• Reagents

Segmentation by instruments:

• DNA Microarrays
• PCR
• Next-generation Sequencing
• Others

Segmentation by application:

• Diagnostics
• Drug Discovery
• Research
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa