The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global gene expression market is poised for substantial growth, with projections indicating an increase from $9.49 billion in 2022 to $10.51 billion in 2023, driven by a Compound Annual Growth Rate (CAGR) of 10.7%. Looking ahead, the market is anticipated to reach $15.56 billion by 2027, maintaining a CAGR of 10.3%. Key players, including Thermo Fisher Scientific Inc. and Illumina Inc., are leading this growth trajectory, propelled by the rising emphasis on precision medicine and a notable trend in technological advancements.

Precision Medicine Driving Market Dynamics:
The gene expression market is experiencing a surge in demand, primarily fueled by the heightened focus on precision medicine. Precision medicine involves utilizing information about an individual’s genes or proteins to diagnose, prevent, or treat diseases. Gene expression plays a pivotal role in precision medicine by identifying abnormalities in normal physiological regulation through the measurement and comparison of genes and transcripts in tissues with different medical conditions. This approach facilitates the delivery of patient-centric treatments. Recent data from the Personalized Medicine Coalition reveals that precision medicines accounted for over 25% of FDA approvals in the last seven years, with a further 35% of medicines approved in 2021 falling under the category of precision medicines.

Major Players Shaping the Landscape:
Key players such as Thermo Fisher Scientific Inc., Qiagen NV, and Illumina Inc. are instrumental in steering the dynamics of the gene expression market, contributing to its growth through innovative solutions and technological advancements.

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Technological Advancements: A Key Market Trend:
A noteworthy trend in the gene expression market is the emphasis on technological advancements. Leading companies are focusing on advancing RNA gene expression technology, exemplified by Enzo Biochem, Inc.’s launch of the AMPIVIEW platform in September 2022. AMPIVIEW is a cutting-edge RNA gene expression platform utilizing in-situ hybridization technology for the detection and visualization of biomarkers in cells and tissue samples. The platform offers superior sensitivity, ensuring specific and sensitive detection of target genes while preserving sample morphology.

Regional Dynamics and Market Segmentation:
As of 2022, North America stands as the largest region in the gene expression market. However, Asia-Pacific is anticipated to witness the fastest growth during the forecast period. The global gene expression market is segmented based on product type, process, technique, and application, encompassing kits and reagents, DNA chips or microarrays, sample collection, purification, cDNA synthesis and conversion, RNA expression, promoter analysis, protein expression, drug discovery and development, clinical diagnostics, biotechnology and microbiology, among other applications.

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The Gene Expression Global Market Report 2023  provides a comprehensive overview on the gene expression market size, gene expression market trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the gene expression market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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