Gene Expression Market Analysis 2024 – Estimated Market Size And Key Drivers

The Gene Expression  by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Gene Expression , The gene expression market size has grown rapidly in recent years. It will grow from $10.54 billion in 2023 to $11.68 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%.  The  growth in the historic period can be attributed to increasing focus on precision medicine, rise in cancer research and biomarker discovery, application in disease diagnosis and prognosis, integration with systems biology approaches, drug discovery and development needs.

The gene expression market size is expected to see rapid growth in the next few years. It will grow to $18.07 billion in 2028 at a compound annual growth rate (CAGR) of 11.5%.  The growth in the forecast period can be attributed to emergence of spatial transcriptomics, rise in epigenomic studies, global health events and pandemic preparedness, focus on non-coding rna exploration, increased utilization in immunotherapy research.. Major trends in the forecast period include single-cell rna sequencing , advancements in next-generation sequencing , integration of multi-omics data, advancements in gene editing technologies, liquid biopsy development, spatial omics in drug discovery.

The increased focus on precision medicine is expected to propel the growth of the gene expression market going forward. Precision medicine uses information about an individual’s genes or proteins to diagnose, prevent or treat disease. Gene expression is adopted in precision medicine to identify abnormalities in normal function and physiologic regulation of an individual by measuring and comparing the genes and transcripts in tissues with different medical conditions, which helps to provide patient-centric treatment. For instance, in 2021, according to Personalized Medicine Coalition, a US-based professional membership organization representing innovators, scientists, patients, providers, and payers, promotes the understanding and adoption of precision medicines, precision medicines accounted for more than 25% of FDA approvals in the last seven years, and a further 35% of medicine approved in 2021 were precision medicines. Therefore, the increased focus on precision medicine is driving the gene expression market.

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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

Top Major Players:

• Thermo Fisher Scientific Inc.
• Qiagen NV
• Illumina Inc.
• Bio-Rad Laboratories Inc.
• Agilent Technologies Inc.

North America was the largest region in the gene expression market in 2023.

Technological advancement is a key trend in the gene expression market. Major companies operating in the gene expression market are advancing toward RNA gene expression technology. For instance, in September 2022, Enzo Biochem, Inc., a US-based leader biosciences and diagnostics company, launched the AMPIVIEW, a new platform designed for superior sensitivity in the detection and visualization of biomarkers in cells and tissue samples. AMPIVIEW is an RNA gene expression platform that uses in-situ hybridization technology for detecting HPV and SARS-CoV-2 using specific and sensitive detection of target genes in the tissue or cell while preserving the morphology.

The gene expression market report table of contents includes:
1. Executive Summary
2. Gene Expression Market Characteristics
3. Global Gene Expression Market Trends And Strategies
4. Gene Expression Market – Macro Economic Scenario
5. Global Gene Expression Market Size and Growth
…….
26. Global Gene Expression Market Competitive Benchmarking
27. Global Gene Expression Market Competitive Dashboard
28. Key Mergers and Acquisitions In Gene Expression Market
29 Gene Expression Market Future Outlook and Potential Analysis
30. Appendix

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