Research Analysis of title, “Epigenetics Market by Application and Product – Global Industry Analysis and Forecast to 2025”, published by Crystal Market Research.
Epigenetics Market – Report Overview:
The global Epigenetics Market is expected to be around $1.6 billion by 2025. The market is primarily driven by factors such as increase in research activities related to epigenetics, increasing collaborations between biotechnology companies, pharmaceutical companies and academic as well as research institutions and rising prevalence of cancer around the world.
As per American Cancer Society’s 2017 report, around 1.7 million new cancer cases will be diagnosed in 2017 in the U.S. With such significant prevalence of cancer, the demand for advanced epigenetics research activities is expected to increase considerably in coming years.
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According to the National Cancer Institute under the U.S. Department of Health and Human Services, between 2012 and 2030, new cancer cases around the world are expected to increase by 50% from 14 million to 21 million.
Kits segment held the major share of the global epigenetics market in 2016 owing to their large scale adoption for conducting epigenetics research by research organizations as well as biotechnology and pharmaceutical companies.
Oncology segment held the largest share of the global epigenetics market in 2016 due to increasing demand for cancer research to mitigate the rising incidence of different forms of cancer around the world.
Epigenetics Market – Regional Outlook:
In 2016, North America dominated the global epigenetics market owing to the availability of advanced research infrastructure in the region coupled with increasing funding targeted towards research and development in the field of epigenetics.
Epigenetics Market – Top Major Market Players:
Some of the key players operating in the global epigenetics market are, Illumina, Inc., Abcam plc., Thermo Fisher Scientific Inc., Zymo Research Corp, Active Motif Corporation, QIAGEN N.V., New England Biolabs, Inc., Merck KGaA, CellCentric, Eisai Co., Ltd. and Novartis AG.
The Epigenetics Market report include Segment wise top-to-bottom analysis in terms several segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.
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