13th March 2020 – "Epigenetics
Market" 2025 Industry research report covers the industry overview
with Marketplace Size, Share, Development, futuristic cost, earnings, demand
and distribution data. Its wide study offers an analytical summary of the
marketplace that can help to the new and existing player to take a significant
decision.
The global Epigenetics Market is
expected to value at USD 22.05 billion in 2025, exhibiting a CAGR of 19.7%
during the forecast period of 2018 to 2025. Rapid surge in the product demand
is credited to the ever-growing geriatric population and prevalence of chronic
diseases. Globally, the epigenetics market is predicted to generate massive
revenue over the forecast period, providing numerous opportunities for industry
participants to invest in research and development of epigenetics services.
The identification of severity among
patients suffering from chronic diseases and successful execution of disease
management are other major factors driving the growth of the genetic testing
services domain. High-end demand for latest technologies in healthcare sector
and collective research and development (R&D) activities in the area of
genetics is anticipated to foster industry growth as well.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Epigenetics Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Epigenetics Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
Several diagnostic and testing
organization have launched innovative products including antibodies specific
for identification of modifications and advanced kits for simple and efficient
detection of biomarkers. Furthermore, development of therapeutic drugs by
healthcare providers is anticipated to work in favor of the epigenetics market.
Introduction of pipeline drugs and rising approval rate from local and
international authorities is estimated to augment epigenetics industry growth
over the coming years.
Rising approval rate for therapeutic
drugs and epigenetics services is the key industry trend over the past few
years. For example, Eli Lilly and Co., global pharmaceutical company, has
unveiled its product line of advanced therapeutic drugs Ramucirumab (Cyramza),
which is recently approved by FDA. Shifting focus towards the epigenetics
services by pharmaceutical companies for detecting of methylation markers
during cancer treatment is expected to favor epigenetics industry growth.
Epigenomics AG has developed Epi proLung BL Reflex Assay that allows simple
diagnosis for lung cancer.
Epigenetics services allows
understanding of phenotype changes, which involves alterations in the DNA
sequence. Epigenetics testing is performed on various blood sample taken during
different time period in person’s life. The fast paced technological
advancement in epigenetics testing and sequencing methodologies, has led to the
vast expansion of epigenetics testing in preventive healthcare management.
Major Companies operating in the
industry are:
·
Illumina, Inc
·
Abcam, Inc
·
Diagenode S.A
·
Thermo Fisher Scientific Group,
·
Merck & Co Inc
·
Zymo Research Corp
·
Qiagen, Inc
·
CellCentric Ltd
·
Chroma Therapeutics Ltd
·
Eisai Co Ltd
·
Novartis International AG,
·
Oncolys Biopharma Inc
·
Syndax Pharmaceuticals, Inc
·
Valirx Plc,
·
Sigma-Aldrich Corp
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