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 Business Research Company’s gene expression market report forecasts the gene expression market size to grow to $15.56 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.

Learn More On The Gene Expression Market Report 2023 – https://www.thebusinessresearchcompany.com/report/gene-expression-global-market-report

Gene Expression Market Size Forecast
The global gene expression market is expected to grow from $9.49 billion in 2022 to $10.51 billion in 2023 at a compound annual growth rate (CAGR) of 10.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global gene expression market size is expected to grow to $15.56 billion in 2027 at a CAGR of 10.3%.

North America held the largest gene expression market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Gene Expression Market Driver ­– Increase In Focus On Precision Medicine
In 2021, for example, precision medicines accounted for more than 25% of FDA approvals in the previous seven years, according to the Personalised Medicine Coalition, a US-based professional membership organisation representing innovators, scientists, patients, providers, and payers that promotes the understanding and adoption of precision medicines, and a further 35% of medicine approved in 2021 were precision medicines. As a result, the rising emphasis on precision medicine is propelling the gene expression market.

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Key Gene Expression Market Trend – Technological Advancement
Major players in the gene expression business are moving closer to RNA gene expression technology. For example, in September 2022, Enzo Biochem, Inc., a biosciences and diagnostics leader based in the United States, unveiled the AMPIVIEW, an innovative system developed for greater sensitivity in the detection and visualisation of biomarkers in cells and tissue samples. AMPIVIEWTM is an RNA gene expression platform that detects HPV and SARS-CoV-2 using selective and sensitive detection of target genes in the tissue or cell while retaining the morphology.

Gene Expression Market Segment
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

Gene Expression Market Major Players and Strategies
Major players in the gene expression market are Thermo Fisher Scientific Inc., Qiagen NV, Illumina Inc., Bio-Rad Laboratories Inc., Agilent Technologies Inc., PerkinElmer Inc., GE HealthCare, F. Hoffmann-La Roche Ltd., Oxford Gene Technology IP Limited, Promega Corporation, Quest Diagnostics Inc., Interpace Biosciences Inc., OriGene Technologies, Luminex Corporation, Takara Bio Inc., Danaher Corporation, ELITechGroup, AutoGenomics Inc., Biocartis Group NV, Integragen SA, Oxford Nanopore Technologies Limited, and Phalanx Biotech Group.

BioDiscovery was bought for $100 million by Bionano Genomics Inc., a US-based firm that specialises in gene expression solutions, in October 2021. The combined resources of Bionano and BioDiscovery, as a result of this purchase, provide the end user with extra information and a whole genomic picture of the sample. The acquisition will allow Bionano to provide further structural variants and methylation analysis. BioDiscovery is a company established in the United States that provides genomic software for clinical and research organisations that utilise NGS and/or microarrays.

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

Gene expression is the process through which information encoded by a gene is used to create a functional product, such as a protein. They are employed to direct the construction of a protein molecule, and proteins control the function of the cell.

View More Reports Related To The Gene Expression Market –
DNA And Gene Chip Global Market Report 2023
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