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Increasing demands for cancer medicines, falling cost of sequencing procedures, and rise in demand for personal medicines are key factors contributing to the high CAGR of Gene Expression market during forecast period.
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Gene Expression Market To Reach USD 11.37 Billion By 2026
Market Summary Market Size – USD 6.05 Billion in 2018, Market Growth - CAGR of 8.1%. Market Trends – Product launches and application of new techniques like NGS and DNA micro-arrays. According to the current analysis of Reports and Data, the Global Gene Expression market is expected to reach USD 11.37 billion by the year 2026, in terms of value at a CAGR of 8.1% from 2019-2026. Gene expression promises to tap into a previously unexplored segment in the vast and burgeoning genetic engineering industry. Further key findings from the report suggest • The industry is highest growing in the Asia-Pacific region with a CAGR of 3% from 2019-2026, due to rapid economic developments, and the demand for better health care solutions. China has invested heavily in recombinant DNA technology and genetic engineering in recent years, which has positively impacted market potential for the Gene Expression industry. Increasing government focus on cancer research is also expected to drive growth in this region • Under the Product and Services segment, Consumables is expected to hold a majority of market share until 2026, likewise, the Equipment sub-segment is also expected to provide significant opportunities for players who would want to tap into this industry. Polymerase Chain Reaction (PCR), Next Generation Sequencing (NGS) and DNA Micro arrays are some of the novel techniques used within Equipment segment, which are driving the growth of the Product and Services segment. www.reportsanddata.com
Market Summary Key Players: Agilent Technologies, Qiagen N.V., Thermo Fisher Scientific, Inc., and Illumina, Inc. amongst others Segmentation: Segmentation by Types: Equipment Polymerase chain reaction (PCR) o Next-generation sequencing (NGS) o DNA Microarray o Consumables DNA Chips o Reagents o Ask Here to Get customization & Check for irresistible discount rates on this report @ https://www.reportsanddata.com/discount-enquiry-form/1474 www.reportsanddata.com
Market Summary Segmentation by Application: Diagnostic Drug Discovery Research Regional Outlook for Gene Expression Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Ask Here to Get customization & Check for irresistible discount rates on this report @ https://www.reportsanddata.com/discount-enquiry-form/1474 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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