Global Epigenetics Diagnostic Market, By Product (Enzymes, Instruments and Consumables, Kits, Reagents), Application (Oncology, Metabolic Diseases, Developmental Biology, Immunology, Cardiovascular Diseases, Others), Technology (DNA Methylation, Histone Methylation, Others), End User (Academic and Research Institutes, Pharmaceutical Companies and Biotechnology Companies, Contract Research Organizations (CROs)) – Industry Trends and Forecast to 2031.
Epigenetics Diagnostic Market Analysis and Size
Epigenetic mechanisms are being linked to an increasing number of chronic diseases and disorders, such as cardiovascular disease, autoimmune disease, neurodegenerative disorders, and environmental factors and nutritional imbalance, all of which have a significant impact on epigenetic processes such as DNA methylation, histone modification, and non-coding RNA.
Data Bridge Market Research analyzes that the global epigenetics diagnostic market, which was USD 13,280.13 million in 2023, is expected to reach USD 57,424.23 million by 2031 and is expected to undergo a CAGR of 20.20% during the forecast period of 2024 to 2031. “Enzymes” dominate the product segment of the market due to the rising demand for epigenetics diagnostics. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Epigenetics Diagnostic Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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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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By Product (Enzymes, Instruments and Consumables, Kits, Reagents), Application (Oncology, Metabolic Diseases, Developmental Biology, Immunology, Cardiovascular Diseases, Others), Technology (DNA Methylation, Histone Methylation, Others), End User (Academic and Research Institutes, Pharmaceutical Companies and Biotechnology Companies, Contract Research Organizations (CROs))
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Countries Covered
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U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of the Middle East & Africa
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Market Players Covered
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Illumina, Inc. (U.S.), Merck KGaA (Germany), QIAGEN (Germany), F. Hoffmann-La Roche Ltd (Switzerland), Eisai Co., Ltd. (Japan), Novartis AG (Switzerland), Abcam plc (U.K.), Diagenode s.a. (U.S.), Active Motif, Inc. (U.S.), Zymo Research Corporation. (U.S.), Thermo Fisher Scientific (U.S.), Cellcentric (Germany), Syndax (U.S.), New England Biolabs (U.S.), Epizyme, Inc. (U.S.), Domainex (U.K.), Agilent Technologies, Inc. (U.S.), PerkinElmer Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.), AsisChem Inc. (U.S.), Enzo Life Sciences, Inc. (U.S.), EpiGentek Group Inc. (U.S.), BioVision Inc. (U.S.), Bio-Techne. (U.S.), Promega Corporation (U.S.), GeneTex, Inc. (U.S.), Pacific Biosciences of California, Inc. (U.S.)
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Market Opportunities
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Market Definition
Epigenetics is a branch of genetics concerned with the study of cellular and physiological trait variations caused by environmental or ecological factors that turn genes on and off and influence the cellular ability to read genes without being affected by genotype changes. It causes changes in an organism's phenotype rather than genotype, with the underlying DNA or RNA sequence remaining constant.
Global Epigenetics Diagnostic Market Dynamics
Drivers
- Increasing Incidence of Chronic Diseases
The rising prevalence of chronic diseases like cancer, cardiovascular disorders, and neurological conditions has fueled the demand for more precise and personalized diagnostic methods. Epigenetics-based diagnostics offer insights into the molecular mechanisms underlying these diseases, fostering the need for advanced diagnostic tools.
- Technological Advancements in Epigenetic Research
Rapid advancements in technology, such as Next-Generation Sequencing (NGS), methylation-specific PCR, and chromatin immunoprecipitation (ChIP) assays, have significantly enhanced the accuracy and sensitivity of epigenetics diagnostics. These innovations drive the development of more sophisticated and reliable diagnostic techniques.
- Growing Demand for Personalized Medicine
Epigenetic biomarkers enable the development of personalized therapeutic strategies by identifying specific disease subtypes, predicting treatment responses, and facilitating targeted therapies. The increasing focus on personalized medicine has propelled the demand for epigenetics-based diagnostic tools.
Opportunities
- Expanding Applications in Oncology
Epigenetics-based diagnostics show promise in cancer detection, prognosis, and treatment response prediction. With ongoing research on epigenetic alterations in various cancers, there's a substantial opportunity to develop more accurate and reliable diagnostic tools for early cancer detection.
- Rise in Precision Medicine Initiatives
The increasing focus on precision medicine initiatives worldwide presents a significant opportunity for epigenetics diagnostics. Tailoring treatments based on individual epigenetic profiles and molecular characteristics offers substantial potential for improving patient outcomes.
Restraints/Challenges
- High Cost of Epigenetics Diagnostics
The high cost associated with epigenetics-based tests and technologies poses a significant barrier to their widespread adoption. High expenses in equipment, reagents, and skilled personnel limit accessibility, especially in resource-constrained settings or for individuals without adequate insurance coverage.
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Complexity in Data Interpretation
Epigenetic data interpretation often involves complex analyses and bioinformatics tools. Analyzing vast datasets and deciphering epigenetic modifications require specialized expertise, hindering the integration of these diagnostics into routine clinical practice.
This epigenetics diagnostic market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the epigenetics diagnostic market Contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In February 2022, Zenith Epigenetics Ltd. reported the dosing of the first patient with a combination of ZEN-3694 (BET inhibitor) + Bristol Myers Squibb’s PD-1 immune checkpoint inhibitor OPDIVO and YERVOY in a National Cancer Institute (NCI), part of the National Institutes of Health, sponsored trial in solid tumor cancer
Global Epigenetics Diagnostic Market Scope
The epigenetics diagnostic market is segmented on the basis of product, application, technology, and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Enzymes
- Instruments and Consumables
- Kits
- Reagents
Application
- Oncology
- Metabolic Diseases
- Developmental Biology
- Immunology
- Cardiovascular Diseases
- Others
Technology
- DNA Methylation
- Histone Methylation
- Others
End User
- Academic and Research Institutes
- Pharmaceutical Companies and Biotechnology Companies
- Contract Research Organizations (CROs)
Global Epigenetics Diagnostic Market Regional Analysis/Insights
The epigenetics diagnostic market is analyzed and market size insights and trends are provided by country, product, application, technology, and end user as referenced above.
The countries covered in the market report are the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Poland, Switzerland, Netherlands, Hungary, Austria, Norway, Ireland, Turkey, Lithuania, rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Indonesia, Philippines, Vietnam, rest of Asia-Pacific, Brazil, Argentina, Peru, rest of South America, South Africa, Saudi Arabia, U.A.E., Israel, Kuwait, Egypt, and rest of Middle East & Africa.
North America is expected to dominate the market due of the increase in the expenditure for research and development proficiencies, increasing government’s initiatives and improved health care infrastructure in various countries.
Asia-Pacific is expected to show the highest growth rate in the market due to the increasing government expenditure on healthcare sector and rising technological advancements and initiatives by the government.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The epigenetics diagnostic market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for epigenetics diagnostic market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the epigenetics diagnostic market. The data is available for historic period 2016-2021.
Competitive Landscape and Global Epigenetics Diagnostic Market Share Analysis
The epigenetics diagnostic market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to epigenetics diagnostic market.
Some of the major players operating in the epigenetics diagnostic market are:
- Bio-Techne. (U.S.)
- Promega Corporation (U.S.)
- GeneTex, Inc. (U.S.)
- Pacific Biosciences of California, Inc. (U.S.)
- Illumina, Inc. (U.S.)
- Merck KGaA (Germany)
- QIAGEN (Germany)
- F. Hoffmann-La Roche Ltd (Switzerland)
- Eisai Co., Ltd. (Japan)
- Novartis AG (Switzerland)
- Abcam plc (U.K.)
- Diagenode s.a. (U.S.)
- Active Motif, Inc. (U.S.)
- Zymo Research Corporation. (U.S.)
- Thermo Fisher Scientific (U.S.)
- Cellcentric (Germany)
- Syndax (U.S.)
- New England Biolabs (U.S.)
- Epizyme, Inc. (U.S.)
- Domainex (U.K.)
- Agilent Technologies, Inc. (U.S.)
- PerkinElmer Inc. (U.S.)
- Bio-Rad Laboratories, Inc. (U.S.)
- AsisChem Inc. (U.S.)
- Enzo Life Sciences, Inc. (U.S.)
- EpiGentek Group Inc. (U.S.)
- BioVision Inc. (U.S.)
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