Epigenetics Market Size, Share, Growth Analysis, By Product type(Reagents, Kits, Instruments, Enzymes), By Technology(DNA Methylation, Histone Methylation, Histone Acetylation, MicroRNA Modification), By Application(Oncology, Cardiovascular Diseases, Metabolic Diseases, Neurological Disorders), By Region - Industry Forecast 2024-2031

Global Epigenetics Market size was valued at USD 1.36 billion in 2022 and is poised to grow from USD 1.6 billion in 2023 to USD 4.7 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

The growth can be attributed to the important role in understanding gene regulation beyond DNA sequencing, aiding in disease research, and improving personalized medicine. Rising investments and finance are expected to boost the growth of the industry during the forecast period.

The prevalence of cancer across the globe is one of the major factors slowing the growth of the market in recent times. For example, according to the PAHO, there are an estimated 20 million new cases of cancer and 10 million deaths from cancer in 2023, and the number of reported cases of cancer each year is expected to be 30 million in the year 2040. Inhibitors of enzymes such as HDM, HMT, DNMT, HAT, and HDAC are used in epigenetic disorders. Other treatments, such as immunotherapy or chemotherapy, can work well. In the future, epigenetic therapy could be considered as the most effective strategy for treating cancer and brain diseases. Thus, the market is expected to grow significantly during the forecast period with high prevalence of cancers along with epigenetics for cancer.