Increasing adoption of targeted molecular therapeutics and precision medicine are anticipated to fuel demand for gene expression analysis market. Such kind of analysis enable scientific discoveries and support research by explaining the functioning of genes at molecular levels.
New Analysis Technique to Promote R&D
Major technique-variants of gene expression analysis are RNA Expression, Promoter Analysis, and Protein Expression & Posttranslational Modification Analysis. Under RNA expression technique, DNA microarrays and PCR analysis are quite popular among researchers to study expressions of various genes and microorganisms. In addition, RNA sequencing can offer high precision analysis for broad range data. This, in turn, is likely to increase demand for RNA expression techniques over the forecast period.
To cater to rising demand, most companies involved are focusing on R&D to find new and better techniques for analysis. For instance, a team of researchers from Karolinska Institute and Max Planck Institute for Biology has found a new gene expression analysis technique to expedite disease diagnosis. The analysis reflects how dysfunction of any biological process can lead to disease. A test conducted by the team on mice has brought new opportunities for research linked to oxidative phosphorylation (OXPHOS) system deficiency and improved disease diagnosis.
The gene expression analysis market is pegged to reach USD 890.3 million by 2025, according to a report by Grand View Research, Inc. Rising cases of chronic disorders such as cancer is anticipated to foster growth. Diminishing costs of sequencing procedures are expected to bode well for market growth. In addition, growing need for customized medicines is expected to propel market growth in coming years. Favorable government initiatives such as health awareness activities and funding towards genomics are poised to fuel market during the forecast period (2017 to 2025).
Some of the prominent players operating in the market for gene expression analysis are Quest Diagnostics Incorporated, Novogene Corporation, F. Hoffmann-La Roche Ltd, QIAGEN, and Bio-Rad Laboratories.
In-Depth Research Report On Gene Expression Analysis Market:
https://www.grandviewresearch.com/industry-analysis/gene-expression-analysis-market
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