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A comprehensive overview of the epigenetics market is recently added by UnivDatos Market Insights to its humongous database. The epigenetics market report has been aggregated by collecting informative data of various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the epigenetics market. The epigenetics market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the epigenetics market at the global and regional levels.
Market Overview
The global epigenetics market is experiencing significant growth on account of growing applications of epigenetics in non-oncology segments including personalized medicine and targeted therapy. further, the reduced cost for sequencing is also driving the market growth. For instance, as per the data obtained from genome-sequencing groups sponsored by the National Human Genome Research Institute (NHGRI), the cost of producing a high-quality 'draft' of whole human genome sequence in mid-2015 was just above USD 4,000; by late in 2015, which had then fallen below USD 1,500. Overall, the cost of producing a whole-exome sequence was probably less than USD 1,000. Further, the sequencing cost has been fallen below USD 300 in 2020.
Furthermore, The epigenetics market is boosting owing to new product innovations and numerous startups driving its worldwide popularity. For example, EpiQMAx, a German startup that provides histone modifications. The solutions provided by this startup measure up to 80 histone modifications. They provide services including validating antibody targets, assessing the efficacy of an epidrug, & other custom epigenomics solutions to quantify epigenomics role in diet or health.
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COVID-19 Impact
The COVID-19 pandemic has provided tremendous research resources while also highlighting the threat of deadly epidemic-prone diseases worldwide. Over the last decade, a technical revolution has created many new capabilities for pandemic response. SARS-CoV-2 genome was quickly decoded using sequencing enabling researchers to rapidly develop diagnostic test kits and other response tools. Continuous genome sequencing aids in the tracking of the disease's dissemination and evolution. Further, many research institutes and diagnostics companies are working with new and advanced epigenetic testing kits that enable the researchers to understand the coronavirus impact on the human genome and are also developing tools for early detection and for developing personalized treatments.
Global Epigenetics Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Product, the market is primarily bifurcated into
Amongst all the products, the kits segment dominated the global epigenetics market and will row at X% CAGR to reach USD X million by the year 2027 as the availability of numerous gene expression analysis kits in the market.
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By Application, the market is primarily studied into
In 2020, the oncology segment dominated the global epigenetics market with nearly X% of the market share and it is anticipated by 2027, the segment will garner USD X million of the market.
By End-user, the market is primarily segmented into
Amongst end-user types, the pharmaceutical & biotechnology companies segment accounted for the largest share in 2020 and is expected to grow at X% CAGR during the forecast period 2021-2027 owing to the increase in the number of these companies.
Epigenetics Market Geographical Segmentation Includes:
Based on the estimation, the North America region dominated the epigenetics market with almost USD X million revenue in 2020. At the same time, the Asia-Pacific region is expected to grow remarkably with a CAGR of X% over the forecast period owing to the growing prevalence of cancer and other infectious diseases and rising demand for epigenetics solutions in the region.
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The major players targeting the market includes
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the epigenetics market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the epigenetics market?
• Which factors are influencing the epigenetics market over the forecast period?
• What are the global challenges, threats, and risks in the epigenetics market?
• Which factors are propelling and restraining the epigenetics market?
• What are the demanding global regions of the epigenetics market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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