Synthetic biology is a new era of biology which incorporates the engineering principle to biology. Synthetic biology involves the chemical synthesis of DNA by combining the knowledge of genomics so as to reassemble the DNA genomes. The synthetic biology that sequences into the new genes involves genetic engineering, which incorporates the transfection method, among others. As the demand of synthetic biology products is increasing worldwide, the use of transfection products is also increasing.
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Global transfection market is expected to reach USD 1,927.11 million by 2028 from USD 936.21 million in 2020 growing with the CAGR of 9.6% in the forecast period of 2021 to 2028. The demand for transfection has been increased in both developed and developing countries and the reason behind this is the increasing occurrence of chronic diseases. The transfection market is growing due to growing demand for chimeric genes and biopharmaceuticals' utilization in the production of proteins. The market will grow in the forecast period due to the exploration of emerging markets, strategic initiatives by market players, and increasing government support.
Increasing occurrence of chronic diseases enhance the demand for the effective treatment options such as gene therapy across the world will drive the market's growth rate
The increasing cases of chronic diseases such as COVID-19 have led to the discovery of effective gene therapy product, which can replace the defective gene with that of the correct gene. Transfection method is widely used for gene therapy, among others. As the demand of effective and accurate treatment is increasing worldwide, the demand of gene therapy and transfection method is also increasing. Moreover, several undergoing researches proving gene therapy has the potential for chronic disease treatment is also increasing its demand among physicians and patients. This thus signifies that the rise in chronic disease prevalence is a driver for the transfection market growth.
Report Scope and Market Segmentation
Report Metric
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Details
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Forecast Period
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2021 to 2028
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Base Year
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2020
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Historic Years
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2019 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Transient Transfection, Stable Transfection), Methods (Non-Viral Methods, Viral Methods), CRISPR Transfection Methods (Non-Viral Methods, Viral Methods), Products (Reagent & Kits, Instrument, Software), Organism (Mammalian Cells, Plants, Fungi, Virus, Bacteria), Types of Molecule (Plasmid DNA, Small Interfering RNA (siRNA), Proteins, DNA Oligonucleotides, Ribonucleoprotein Complexes (RNPs), Others), Application (In Vitro Application, In Vivo Application, Bioproduction, Others), Stage (Research, Preclinical, Clinical Phases, Commercial), End User (Biopharma, Contract Research Organizations (CROs), Contract Manufacturing Organization/ Contract Development and Manufacturing Organization (CMOs/CDMOs), Academia, Hospitals, Clinical Labs, Others), Distribution Channel (Direct Tender, Retail Sales, Others)
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Market Players Covered
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Mirus Bio LLC. (U.S.), Promega Corporation (U.S.), Polyplus Transfection (France), Bio-Rad Laboratories, Inc. (U.S.), Merck KGaA (Germany), Lonza (Switzerland), MaxCyte, Inc. (U.S.), Altogen Biosystems (U.S.), SBS Genetech (China), FUJIFILM Irvine Scientific (U.S.), Avanti Polar Lipids (U.K.), PerkinElmer chemagen Technologie GmbH (Germany), Cytiva (U.S.), Geno Technology Inc. (U.S.), R&D Systems, Inc. (U.S.), Takara Bio Inc. (Japan), Thermofisher Scientific Inc. (U.S.), Roche Molecular Systems, Inc. (U.S.), QIAGEN (Germany), OriGene Technologies, Inc. (U.S.) among others.
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
Global transfection market is categorized into ten notable segments which are based on type, methods, CRISPR transfection methods, products, organism, types of molecule, application, stage, end user, and distribution channel.
The biopharma segment will dominate the end user segment of the transfection market
The biopharma segment will emerge as the dominating segment end user segment. This is because of the growing number of biopharmaceutical industries in the market especially in the developing economies. Further, growth and expansion of research development services on a global scale will further bolster the growth of this segment.
The direct tender segment will dominate the distribution channel segment of the transfection market
The direct tender segment will emerge as the dominating segment under distribution channel. This is because of the growing number of infrastructural development activities in the market especially in the developing economies. Further, growth and expansion of the healthcare industry all around the globe will further bolster the growth of this segment.
Major Players
Data Bridge Market Research recognizes the following companies as the market players in market: Mirus Bio LLC. (U.S.), Promega Corporation (U.S.), Polyplus Transfection (France), Bio-Rad Laboratories, Inc. (U.S.), Merck KGaA (Germany), Lonza (Switzerland), MaxCyte, Inc. (U.S.), Altogen Biosystems (U.S.), SBS Genetech (China), FUJIFILM Irvine Scientific (U.S.), Avanti Polar Lipids (U.K.), PerkinElmer chemagen Technologie GmbH (Germany), Cytiva (U.S.), Geno Technology Inc. (U.S.), R&D Systems, Inc. (U.S.), Takara Bio Inc. (Japan), Thermofisher Scientific Inc. (U.S.), Roche Molecular Systems, Inc. (U.S.), QIAGEN (Germany), OriGene Technologies, Inc. (U.S.).
Market Development
Regional Analysis
Geographically, the countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
As per Data Bridge Market Research analysis:
North America is the dominant region in transfection market during the forecast period 2021 - 2028
North America region holds the largest share in the global transfection market and U.S. is dominating in the region due to large number of companies and high focus on genetic research & protein production.
Asia-Pacific is estimated to be the fastest-growing region in transfection market the forecast period 2021 - 2028
Asia-Pacific is expected to grow with the highest growth rate in the forecast period of 2021 to 2028 because of increasing genetic research in the region. China is leading the growth of the Asia-Pacific market and transient transfection segment is dominating in this country due to higher application transient gene expression.
COVID-19 Impact
The rapid global spread of this virus resulted in a significant number of fatalities. The World Health Organization (WHO) declared COVID-19 a global pandemic in March 2020 and advised strict action to stop the disease's spread. Since then, the pandemic has slowed down healthcare industry growth and hampered the supply chain. However, high demand for transfection drugs presented numerous opportunities ahead of manufacturers for COVID-19 management drugs. In addition, high demand for vaccine and treatment possibilities boosted the growth of pharmaceutical and biotechnology industries.
For more detailed information about the transfection market, visit: https://www.databridgemarketresearch.com/reports/global-transfection-market
Global Transfection Market – Industry Trends and Forecast to 2028
Middle East and Africa Transfection Market – Industry Trends and Forecast to 2028
North America Transfection Market – Industry Trends and Forecast to 2028
Asia-Pacific Transfection Market – Industry Trends and Forecast to 2028
Europe Transfection Market – Industry Trends and Forecast to 2028