Share on

Global Gene Expression Analysis Market Size, Share, Trends, COVID-19 Impact & Growth Analysis Report – Segmented By Technology, Consumables, Services, Application & Region - Industry Forecast (2022 to 2027)

Published: January, 2022
ID: 3390
Pages: 175
Formats: report pdf report excel report power bi report ppt

Gene Expression Analysis Market Size (2022 to 2027)

The global gene expression analysis market size was valued at USD 4.95 Billion in 2022. It is further projected to be growing at a CAGR of 9.5% and worth USD 7.79 Billion by 2027.

Gene expression analysis helps to produce a gene product by extracting data from a gene. This process will show its wide range of benefits in applications such as pharmacogenomics, diagnostics, biomarkers, and toxicology. Gene expression is simply processing DNA pairs into a functional gene product such as proteins or RNA. In this analysis, the first step is translating DNA into RNA, then translated into proteins.

MARKET DRIVERS:

An increase in research activities on DNA studies, a rising number of cancer patients, increasing applications of gene expression analysis in diagnostics and treatment are the major factors driving the global gene expression analysis market.

Decreasing costs of gene sequencing and various technological advances such as biochips that help in studying DNA even better are expected to propel the market. Increasing incidences of chronic diseases worldwide and the rise in research on the development of new drugs are other prominent factors propelling the market's demand. The growing prevalence of drug discovery and pharmacogenomics in pharmaceutical companies greatly supports the gene expression analysis market. Various applications of genomics and growing expenditure on healthcare services, especially in rural areas, are further accelerating the growth rate of the gene expression analysis market. 

Growth opportunities for the market lie in the increasing investments by the governments in the research and development centers in biotechnology to evaluate new products at a low cost. Creating awareness over the applications of genomics and its advantages through campaigns and digital advertisements also surges the growth rate of the gene expression analysis market. In addition, the introduction of innovative procedures with the help of the latest technologies and the growing scale of pharmaceutical companies, and the increasing demand for targeted therapies are bolstering the demand for the gene expression analysis market. Rising capital income in both developed and developing countries is another attribute of gearing market growth. Reducing cost in sequencing techniques and growing demand to evaluate quality treatment procedures are speeding up the market demand.

MARKET RESTRAINTS:

However, strict rules for approving the latest equipment by government organizations are quietly hampering the gene expression analysis market demand. Also, this equipment requires huge amounts for installation and maintenance in the laboratories, which is basically a challenging factor for the market players. The dearth of skilled professionals in analyzing the outcomes is limiting the growth rate of the market slightly. Lack of complete knowledge over the procedure in undeveloped countries is additionally impeding the demand of the market. The absence of skilled professionals, lack of awareness, and High price of the instruments used for the analysis are some of the major factors restraining the gene expression analysis market.

Impact of COVID-19 on the global gene expression analysis market:

The sudden outbreak of COVID-19 has been affecting millions of people and led to devastating mortality worldwide. 

Studies uncover which cell types can be infected by SARS-COV-2 due to their viral entry factors. Increasing gene expression of the viral entry factors in some individuals partially explains the differences of COVID-19 severity based on the aged elements. The gene expression shows that the COVID-19 doesn't affect everyone in the same way. Researchers found that expression of genes underlying the increased factors in older people's cells and slightly men compared to women. Coronavirus, SARS-COV-2, majorly emerges in the lung, as it affects other organs too.

The gene expression analysis market has gained momentum during the COVID-19, and it is anticipated to record a better CAGR in the years to come. 

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 to 2027

Base Year

2021

Forecast Period

2022 to 2027

Segments Covered

By Technology, Consumables, Services, Application, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

This market research report on the global gene expression analysis market has been segmented and sub-segmented into the following categories and analyzed market size and forecast until 2027.

Gene Expression Analysis Market - By Technology:

  • DNA Microarray
  • PCR
  • NGS
  • SAGE
  • Northern Blotting

Of all these technology categories, DNA microarray and NGS techniques are the most used ones. These techniques contribute a major share to the expression analysis market. This can be attributed to the micro-level analysis of Gene expression. DNA microarray uses chip-based technology that reveals the expression of genes and helps in tracing the sequence of the genes.

Gene Expression Analysis Market - By Consumables:

  • DNA Chips
  • Reagents

Of all these segments, DNA chips are mostly preferred for analyzing the sequence of genes easily using DNA chips.

Gene Expression Analysis Market - By Services:

  • Gene Expression Profiling
  • Bioinformatics

Based on Services, the Gene expression profiling segment holds the largest market share due to the rising number of gene expression analysis tests.

Bioinformatics is the latest technology that is growing at a faster pace. This can be attributed to the growth in technology and devices that sequence the genes using information technology and artificial intelligence.

Gene Expression Analysis Market - By Application:

  • Research
  • Drug Discovery
  • Diagnostics

Research is the main market for gene expression analysis, for analyzing the disease-causing organisms, and it is used in analyzing for making drugs to treat such disorders. Of all these segments, research holds the major share. But Gene expression analysis is also being used in diagnostics at a large scale; this can be attributed to the increased rate of gene therapies.

Gene Expression Analysis Market - By Region:

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • The Middle East and Africa

Geographically, the North American gene expression analysis market is estimated to record the highest share in the global gene expression analysis market in 2020, with an estimated revenue of more than 45%. The market growth is attributed to the active participation of several key players like Thermo Fisher Scientific. The market players in this region are continuously involved in research and development activities to develop advanced technology and methods dealing with gene expression analysis. 

The European gene expression analysis market is expected to be the second-largest regional market, accounting for an impressive share in the global gene expression analysis market. The market growth is increased by factors such as the rising interest of dominant players in the European markets. The increasing adoption of advanced technologies contributes to market growth in this region. 

However, the Asia Pacific gene expression analysis market is considered one of the fastest-growing regions in the global gene expression analysis market. China and India are witnessing dominating market players; increasing investments by the governments and private organizations that are improving healthcare infrastructure are anticipated to create market growth in this region. India, China, Japan, and Australia are the major contributors to the Gene expression Analysis market in the APAC region. 

The Latin American gene expression analysis market is predicted to grow steadily during the forecast period. The collaboration of market players and local players with foreign countries to expand their market operations increases the market growth. The increasing availability of gene expression databases and the prevalence of cancer diseases in this region promote the market growth of the gene expression analysis market.  

The Middle East & Africa Gene Expression Analysis Market is projected to grow at a sluggish growth rate during the forecast period. UAE is leading with the highest shares of the market. Countries like Qatar are to exhibit significant developments according to their respective genomics and personalized medicine fields.

KEY MARKET PARTICIPANTS:

Some promising companies leading the global gene expression analysis market profiled in the report are Thermo Fisher Scientific, Inc, GE Healthcare, QIAGEN N.V, Life Technologies, Agilent Technologies, Roche, PerkinElmer, Affymetrix, Illumina, Inc, Bio-Rad Laboratories, Oxford Gene Technology, Luminex Corporation.

RECENT HAPPENINGS IN THIS MARKET:

  • In August 2018, the NovoFocus NSCLC CDx test received CFDA approval launched by the Tianjin Novogene Bioinformatics Technology subsidiary of Novogene Co. This is a diagnostic test that analyzes tumor samples based on next-generation sequencing.
  • In January 2017, the acquisition of Biorad and RainDance Technologies was announced. The acquisition between these companies will focus on the development of droplet-based technologies digital PCR (dPCR).

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: sales@marketdataforecast.com

Click for Request Sample