Growth Opportunities and Trends in the Gene Expression Market: Key Insights for 2025-2034
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What is the Future CAGR of the Gene Expression Market, and How Will It Impact Industry Expansion?
The market for gene expression has witnessed swift expansion in the past few years. It is expected to increase from $11.55 billion in 2024 to $12.79 billion in 2025, with a compound annual growth rate (CAGR) of 10.7%. The remarkable growth during the historical period is due to an enhanced emphasis on precision medicine, an upswing in cancer research and biomarker discovery, its application in diagnosing and forecasting diseases, its integration with systems biology methods, and its necessity in drug discovery and development.
The size of the gene expression market is anticipated to experience a notable increase in the coming years, reaching a projected valuation of $20.25 billion in 2029, with a compound annual growth rate (CAGR) of 12.2%. Such significant growth during the forecast period could be the result of the emergence of spatial transcriptomics, increase in epigenomic studies, global health incidents, and readiness for pandemics, as well as emphasis on non-coding rna exploration and its increased usage in immunotherapy research. Key trends identified for the forecast period include single-cell RNA sequencing, progress in next-generation sequencing, the integration of multi-omics data, improvements in gene editing technologies, the development of liquid biopsies, and the use of spatial omics in drug discovery.
How Are the key drivers expanding the growth of the gene expression Market?
The emphasis on precision medicine, a method that utilises knowledge of a person’s genes or proteins for disease prevention, diagnosis, and treatment, is predicted to spur the gene expression market’s growth. Gene expression is employed in precision medicine to detect irregularities in an individual’s normal function and physiological regulation by analysing and contrasting the genes and transcripts in tissue under varying medical conditions, thereby offering patient-specific treatment solutions. The Personalized Medicine Coalition (PMC), a non-profit organization based in the US, reported in February 2023 that personalised medicines accounted for 35% of all newly approved NMEs in 2021. With an additional 12 approvals in 2022, they have consistently been at least a quarter of all new drug approvals for the past eight years, a substantial increase from less than 10% a decade before. As such, the growing prominence of precision medicine is helping propel the gene expression market.
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Who Are the Leading Companies Pioneering Change in the Gene Expression Market?
Major companies operating in the gene expression market include:
• Thermo Fisher Scientific Inc._x000D_
• Qiagen NV_x000D_
• Illumina Inc._x000D_
• Bio-Rad Laboratories Inc._x000D_
• Agilent Technologies Inc._x000D_
What Are the Most Significant Trends Transforming the Gene Expression Market Today?
One key trend in the gene expression market is the development and utilization of advanced technology. Leading companies in this market are adopting RNA gene expression technology in their operations. To illustrate, Enzo Biochem, Inc., a biosciences and diagnostics firm based in the US, unveiled its new platform, AMPIVIEW, in September 2022. This platform, designed for high sensitivity in the detection and visualization of biomarkers in cellular and tissue samples, is an RNA gene expression system. It leverages in-situ hybridization technology to detect HPV and SARS-CoV-2, using precise and sensitive detection of target genes in tissues or cells without altering their form.
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What Are the Major Segments of the Gene Expression Market and Their Role in Driving Growth?
The gene expression market covered in this report is segmented –
1) By Product: Kits And Reagents, DNA Chip Or Microarray, Other Products
2) By Process: Sample Collection, Purification, cDNA Synthesis And Conversion, PCR Analysis, Data Analysis And Interpretation
3) By Technique: RNA Exp, Promoter Analysis, Protein Exp. And Posttranslational Modification Analysis
4) By Application: Drug Discovery And Development, Clinical Diagnostics, Biotechnology And Microbiology, Other Applications
Subsegments:
1) By Kits And Reagents: RNA Isolation Kits, cDNA Synthesis Kits, qPCR Kits, Reverse Transcription Kits, Other Reagents
2) By DNA Chip Or Microarray: Expression Microarrays, Genotyping Microarrays, Comparative Genomic Hybridization Arrays,
3) By Other Products: Software For Data Analysis, Lab Instruments, Consumables
Which Regions Are Leading the Charge in Gene Expression Market Development?
North America was the largest region in the gene expression market in 2024. Asia-Pacific is expected to be the fastest-growing region in the gene expression market in the forecast period. The regions covered in the gene expression market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Key Elements Shape the Definition of the Gene Expression Market?
Gene expression refers to the process by which the information encoded from a gene is used in the production of a functional product, such as a protein. They are used for directing the assembly of a protein molecule and proteins dictate the cell function.
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