Portland, OR, March 13, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global gene expression market garnered $8.5 billion in 2021, and is estimated to generate $17.9 billion by 2031, manifesting a CAGR of 7.7% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers a valuable guidance to leading players, investors, shareholders, and startups in devising strategies for the sustainable growth and gaining competitive edge in the market.
Download Free Sample of the Report- https://www.alliedmarketresearch.com/request-sample/4156
Report coverage & details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $8.5 billion |
| Market Size in 2031 | $17.9 billion |
| CAGR | 7.7% |
| No. of Pages in Report | 427 |
| Segments covered | product, application, end-user, and region |
| Drivers | Surge in the prevalence of genetic disorder Growing awareness for personalized medicine An increasing application of gene expression in drug discovery |
| Opportunities | Increased investments in R&D for the development of new technologies for tissue-specific or cell-specific gene expression analysis Increase in the prevalence of chronic and genetic disease |
| Restraints | High cost of instruments for gene expression Lack of skilled professionals |
Impact of Covid-19 on Gene Expression Market:
- The outbreak of the COVID-19 pandemic had a negative impact on the growth of the global gene expression market, owing to implementation of global lockdown which resulted to decrease the number of research and development activities.
- The pandemic led to several travel restrictions, thereby resulting in a slowdown in the introduction of new products and technologies.
Procure Complete Report (427 Pages PDF with Insights, Charts, Tables, and Figures)
https://www.alliedmarketresearch.com/checkout-final/gene-expression-market
The research provides detailed segmentation of the global gene expression market based on product, application, end-user, and region. The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report.
Based on product, the consumable segment held the highest share in 2021, accounting for more than half of the global gene expression market, and is expected to continue its leadership status during the forecast period. This segment is expected to register the highest CAGR of 8.0% from 2022 to 2031.
Based on application, the diagnostics segment accounted for the highest share in 2021, contributing to nearly three-fifths of the global gene expression market, and is expected to maintain its lead in terms of revenue during the forecast period. This segment is expected to manifest the highest CAGR of 8.1% from 2022 to 2031.
Based on end-user, the pharmaceutical and biotechnology companies segment accounted for the highest share in 2021, holding more than two-fifths of the global gene expression market, and is expected to continue its leadership status during the forecast period. This segment is estimated to grow at the highest CAGR of 8.2% during the forecast period.
Based on region, North America held the largest share in 2021, contributing to more than two-fifths of the global gene expression market share, and is projected to maintain its dominant share in terms of revenue in 2031. In addition, the Asia-Pacific region is expected to manifest the fastest CAGR of 9.1% during the forecast period.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/4156
Leading market players of the global gene expression market analyzed in the research include Illumina Inc., PacBio, Oxford Nanopore Technologies, Agilent Technologies Inc., Thermo Fisher Scientific Inc., PerkinElmer Inc., Bio-Rad Laboratories, Inc., QIAGEN, F. Hoffmann-La Roche Ltd., Promega Corporation.
The report provides a detailed analysis of these key players of the global gene expression market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
Similar Research Reports for Information, Communication, and Technology:
Tissue Expanders Market - Opportunity Analysis and Industry Forecast, 2021–2030
Companion Animal Diagnostics Market- Opportunity Analysis and Industry Forecast, 2021–2030
Downstream Processing Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
Smoke Evacuation Systems Market- Global Opportunity Analysis and Industry Forecast, 2021–2030
Cancer Diagnostics Market - Global Opportunity Analysis and Industry Forecast, 2021–2030
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model):
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer a cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
