Epigenetics Market

Epigenetics Market worth $1.6 billion by 2022

The Epigenetics Market was valued at USD 854 million in 2017 and is estimated to grow at a CAGR of 13.5% during the forecast period, to reach USD 1.6 billion by 2022. The growth in this market is mainly due to declining sequencing costs, increasing research activities, the availability of funding for epigenetics research, and growing cancer prevalence.

Browse 191 market data Tables and 37 Figures spread through 230 Pages and in-depth TOC on "Epigenetics Market by Product (Kit, Enzymes, Reagent, NGS, Mass Spectrometer, PCR, Bioinformatics), Application (Oncology, Cardiology, Immunology), Technology (DNA Methylation, Histone Modification), End User (Academic, CRO) - Global Forecast to 2022"

View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/epigenetics-technologies-market-896.html

Kits formed the largest product segment in the epigenetics market in 2016 

Based on product, the epigenetics market is segmented into enzymes, instruments and consumables, kits, reagents, and bioinformatics tools. In 2016, kits accounted for the largest share of this market mainly because a large number of kits are used in various epigenetics techniques. Currently, several companies are providing easy-to-use kits for studying epigenetic processes such as DNA methylation and histone modifications. The growing prevalence of several diseases and the increasing number of R&D activities in epigenetics and genomics are leading to an increase in the use of kit-based products.

The metabolic diseases segment accounted for the largest share of the epigenetics market, by application, in 2016 

Based on application, the epigenetics market is segmented into oncology, metabolic diseases, developmental biology, immunology, cardiovascular diseases, and other applications. During the forecast period, the metabolic diseases application segment is estimated to grow at the highest CAGR owing to the significant increase in the prevalence of metabolic diseases such as diabetes and obesity. Due to the high burden of these health conditions on healthcare systems across the globe, several research studies and funding initiatives are focusing on developing new and effective drugs for their treatment.

North America dominated the global epigenetics market in 2017 

North America accounted for the largest share of the epigenetics market in 2016, followed by Europe. Most of the key players in the global epigenetics market are based in North America. The US is a major market for epigenetics in North America and is currently witnessing an increase in the number of research activities in the field of epigenetics as well as a favorable government funding scenario for epigenetics research.

The major players in this market are Illumina (US), Thermo Fisher Scientific (US), Diagenode (Belgium), QIAGEN (US), Merck Millipore (US), Abcam (UK), Active Motif (US), New England Biolabs (US), Agilent (US), Zymo Research (US), PerkinElmer (US), and Bio-Rad (US).

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Report Code
BT 2775
PR Published ON
7/26/2019
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