USD 4.14 Billion
Gene Expression Analysis Market Size, Share, Growth Analysis, By Product(Instruments, reagents and consumables, and services), By End user(Drug discovery and development, diagnostic laboratories, and academic research centres), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35J2096 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
63
|Figures:
75
Gene Expression Analysis Market Insights
Gene Expression Analysis Market size was valued at USD 4.49 Billion in 2022 and is poised to grow from USD 4.86 Billion in 2023 to USD 9.28 Billion by 2031, at a CAGR of 8.4% during the forecast period (2024-2031).
The global gene expression analysis market is experiencing robust growth, driven by several factors such as the increasing demand for personalised medicine among others. Gene expression analysis enables the identification of unique gene signatures associated with specific diseases or patient populations, leading to more targeted and effective treatment approaches. The growing emphasis on precision medicine and the need for tailored therapies fuel the demand for gene expression analysis technologies. Technological advancements and the availability of high-throughput platforms have also propelled the market growth. The development of next-generation sequencing (NGS) technologies and microarray platforms has revolutionised gene expression analysis by providing high-throughput and cost-effective solutions. These technologies offer rapid and comprehensive analysis of gene expression profiles, enabling researchers to study large datasets and identify key gene regulatory networks.
Furthermore, the increasing prevalence of chronic diseases, such as cancer, cardiovascular disorders, and neurological conditions, has boosted the demand for gene expression analysis. Understanding the molecular mechanisms underlying these diseases and identifying potential biomarkers or therapeutic targets are essential for effective disease management and drug development. Gene expression analysis provides valuable insights into disease biology, aiding in the discovery of novel biomarkers and therapeutic interventions. Despite the positive market outlook, there are challenges that need to be addressed. One significant challenge is the complex data analysis and interpretation associated with gene expression analysis. The massive amount of data generated from high-throughput platforms requires sophisticated bioinformatics tools and expertise to extract meaningful insights. The shortage of skilled bioinformatics professionals and the need for advanced data analysis algorithms pose challenges to efficient data interpretation.
Another challenge is the standardisation and reproducibility of gene expression analysis workflows. Ensuring consistent and reliable results across different laboratories and platforms is essential for research reproducibility and clinical translation. Efforts to standardise protocols, develop quality control measures, and establish reference databases are underway to address these challenges. Additionally, the high cost of gene expression analysis technologies and the need for substantial investments in infrastructure and expertise can limit the adoption of these technologies, especially in resource-limited settings. Cost-effective solutions and collaborations between academia, industry, and healthcare institutions are necessary to overcome these barriers.
US Gene Expression Analysis Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
reagents and consumables
Fastest Growth
reagents and consumables
Growth Rate
8.4% CAGR
Global Gene Expression Analysis Market ($ Bn)
Country Share for North America Region (%)
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Gene Expression Analysis Market Segmental Analysis
The global gene expression analysis market is segmented on the basis of product, end user, and region. By product, the market is segmented into instruments, reagents and consumables, and services. By end user, the market is segmented into drug discovery and development, diagnostic laboratories, and academic research centres. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Gene Expression Analysis Market Analysis By Product
The global gene expression analysis market can be segmented based on products into three categories: instruments, reagents and consumables, and services. Each segment represents essential components in the gene expression analysis workflow.
One dominant segment in the global gene expression analysis market is reagents and consumables. Reagents and consumables play a critical role in sample preparation, nucleic acid extraction, reverse transcription, amplification, labelling, and detection processes. These products are essential for performing gene expression analysis experiments and are regularly consumed in laboratories. The dominance of the reagents and consumables segment can be attributed to the continuous demand for these products in research, diagnostics, and drug development applications.
The fastest-growing segment in the global gene expression analysis market is services. With the increasing complexity of gene expression analysis techniques and the need for specialised expertise, there is a growing demand for services that offer comprehensive gene expression analysis solutions. Service providers offer customised experimental designs, sample processing, data analysis, and interpretation services to researchers, pharmaceutical companies, and healthcare institutions. The services segment is witnessing rapid growth as it provides valuable support to researchers and organisations that may not have in-house expertise or resources for performing gene expression analysis.
Gene Expression Analysis Market Analysis By End user
The global gene expression analysis market can be segmented based on end users into three categories: drug discovery and development, diagnostic laboratories, and academic research centres. Each segment represents distinct sectors where gene expression analysis plays a vital role.
One dominant segment in the global gene expression analysis market is drug discovery and development. Pharmaceutical companies and biotechnology firms heavily rely on gene expression analysis to identify potential drug targets, evaluate drug efficacy, and understand molecular mechanisms underlying diseases. Gene expression analysis provides valuable insights into gene regulation, biomarker discovery, and toxicity assessment during various stages of drug discovery and development. The dominant position of the drug discovery and development segment is driven by the significant demand for gene expression analysis technologies and services to support the discovery and evaluation of new therapeutic interventions.
The fastest-growing segment in the global gene expression analysis market is diagnostic laboratories. Diagnostic laboratories are witnessing an increasing demand for gene expression analysis-based tests for disease diagnosis, patient stratification, and treatment selection. Gene expression analysis offers valuable information on disease subtypes, prognosis, and drug response prediction, leading to more personalised and targeted treatment approaches. The integration of gene expression analysis into diagnostic workflows enables the identification of disease-specific gene signatures and facilitates the development of molecular diagnostic tests. The diagnostic laboratories segment is experiencing rapid growth as the adoption of gene expression analysis expands in the field of precision medicine.
Global Gene Expression Analysis Market By Product
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Gene Expression Analysis Market Regional Insights
One dominant region in the global gene expression analysis market is North America. North America, particularly the US, holds a significant share in the market due to its well-established healthcare infrastructure, robust research and development activities, and high investment in biotechnology and pharmaceutical sectors. The region's dominant position is driven by the presence of major pharmaceutical companies, academic research institutions, and advanced diagnostic laboratories. Furthermore, favourable reimbursement policies and government initiatives supporting genomics research and precision medicine contribute to the dominance of North America in the gene expression analysis market.
The fastest-growing region in the global gene expression analysis market is Asia Pacific. The Asia Pacific region, including countries such as China, India, Japan, and South Korea, is experiencing rapid growth in the adoption of gene expression analysis technologies. Factors such as the increasing prevalence of chronic diseases, rising healthcare expenditure, and growing emphasis on precision medicine drive the demand for gene expression analysis in the region. Additionally, expanding research and development activities, collaborations with international biotechnology and pharmaceutical companies, and advancements in healthcare infrastructure contribute to the rapid growth of the gene expression analysis market in Asia Pacific.
Global Gene Expression Analysis Market By Region
- Largest
- Fastest
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Gene Expression Analysis Market Dynamics
Gene Expression Analysis Market Drivers
Increasing Prevalence of Chronic Diseases
- The rising prevalence of chronic diseases, including cancer, cardiovascular disorders, and neurological conditions, drives the demand for gene expression analysis. Understanding the molecular mechanisms underlying these diseases is crucial for early diagnosis, treatment optimization, and drug discovery.
Growing Research and Development Activities
- The expanding research and development activities in genomics, molecular biology, and pharmaceuticals contribute to the growth of the gene expression analysis market. Academic research institutions, pharmaceutical companies, and biotechnology firms heavily rely on gene expression analysis for drug discovery, target identification, and understanding disease mechanisms.
Gene Expression Analysis Market Restraints
Ethical and Regulatory Concerns
- Ethical considerations, privacy concerns, and regulatory requirements related to genomic data usage and protection may impact the gene expression analysis market. Compliance with data privacy regulations, informed consent, and ethical guidelines for handling patient data pose challenges to researchers and companies involved in gene expression analysis.
Standardisation and Reproducibility Issues
- Ensuring the standardisation and reproducibility of gene expression analysis workflows and results across different laboratories and platforms is crucial for research integrity and clinical translation. The lack of standardised protocols, variability in data analysis approaches, and inconsistencies in experimental procedures can hinder the comparability and reliability of gene expression data.
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Gene Expression Analysis Market Competitive Landscape
The global gene expression analysis market features a highly competitive landscape, driven by the presence of numerous companies specialising in genomics research, molecular diagnostics, and biotechnology. The market is characterised by intense competition, with companies striving to gain a competitive edge through innovation, product differentiation, and strategic partnerships. The competitive landscape of the global gene expression analysis market is shaped by factors such as product portfolio, technological advancements, research collaborations, and customer support. Companies in the market are focused on developing and commercialising advanced instruments, reagents, and software solutions for gene expression analysis. They invest in research and development activities to introduce innovative technologies that improve the efficiency, accuracy, and throughput of gene expression analysis processes. Strategic partnerships and collaborations are common in the gene expression analysis market as companies seek to leverage each other's expertise, expand their market reach, and access complementary technologies. Collaborations with academic research institutions, pharmaceutical companies, and diagnostic laboratories are crucial for developing and validating gene expression analysis assays and technologies. Moreover, customer support and service offerings play a vital role in the competitive landscape. Companies strive to provide comprehensive customer support, including technical assistance, training programs, and application support, to ensure customer satisfaction and loyalty.
Gene Expression Analysis Market Top Player’s Company Profile
- Thermo Fisher Scientific Inc. - US
- Illumina, Inc. - US
- Agilent Technologies, Inc. - US
- QIAGEN N.V. - Netherlands
- Roche Holding AG - Switzerland
- Bio-Rad Laboratories, Inc. - US
- Oxford Gene Technology Ltd. (OGT) - UK
- Fluidigm Corporation - US
- PerkinElmer, Inc. - US
- Merck KGaA - Germany
- NanoString Technologies, Inc. - US
- Genomic Health, Inc. - US
- Luminex Corporation - US
- Takara Bio Inc. - Japan
- GE Healthcare - UK
- Eurofins Scientific - Luxembourg
- Danaher Corporation - US
- Bio-Techne Corporation - US
- Helicos BioSciences Corporation - US
- Affymetrix, Inc. (Thermo Fisher Scientific) - US
Gene Expression Analysis Market Recent Developments
- In January 2023, Agilent Technologies announced the launch of its new GeneSpring GX 16S rRNA gene expression analysis software. The software is designed to simplify and automate the analysis of 16S rRNA gene sequencing data.
- In February 2023, Illumina announced the launch of its new NovaSeq 6T sequencer. The sequencer is designed to deliver up to 100 trillion reads per run, making it the fastest and most capable sequencer on the market.
Gene Expression Analysis Key Market Trends
- Single-Cell Gene Expression Analysis: Single-cell gene expression analysis has gained significant attention in recent years. Advances in microfluidics, single-cell isolation techniques, and sequencing technologies have enabled the profiling of gene expression at the single-cell level. This trend allows researchers to study cellular heterogeneity, identify rare cell populations, and understand dynamic gene expression changes within individual cells. Single-cell gene expression analysis has applications in developmental biology, cancer research, and precision medicine.
- Integration of Artificial Intelligence and Machine Learning: Artificial intelligence (AI) and machine learning (ML) techniques are being increasingly integrated into gene expression analysis workflows. These technologies help in data interpretation, pattern recognition, and identification of gene regulatory networks. AI and ML algorithms aid in data analysis, classification of gene expression patterns, and prediction of disease outcomes, contributing to improved insights and discoveries.
Gene Expression Analysis Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global gene expression analysis market analysis, North America dominates the global market due to its advanced healthcare system and research capabilities, the Asia Pacific region is witnessing significant growth as it embraces gene expression analysis technologies to address healthcare challenges. The global gene expression analysis market is witnessing significant growth and holds immense potential for further expansion. The market is driven by various factors, including the increasing demand for personalised medicine, advancements in genomic technologies, and the growing prevalence of chronic diseases. Gene expression analysis plays a crucial role in understanding disease mechanisms, identifying biomarkers, and aiding in drug discovery and development.
Technological advancements, such as next-generation sequencing and single-cell analysis, have revolutionised gene expression analysis, enabling high-throughput and detailed profiling of gene expression patterns. The integration of artificial intelligence and machine learning further enhances data analysis and interpretation, facilitating the discovery of novel gene regulatory networks and potential therapeutic targets. Additionally, the focus on biomarker discovery and the expanding application of gene expression analysis in drug development and clinical trials are driving the market's growth. However, challenges such as the high cost of technologies, complex data analysis, and the need for standardisation and reproducibility of results need to be addressed. To leverage the full potential of gene expression analysis, ongoing investments in research and development, advancements in data analysis tools, and collaborations among industry stakeholders and research institutions are essential. The global gene expression analysis market is poised for continued growth as it continues to play a vital role in advancing precision medicine, understanding disease biology, and improving patient outcomes.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 4.49 Billion |
| Market size value in 2031 | USD 9.28 Billion |
| Growth Rate | 8.4% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Gene Expression Analysis Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Gene Expression Analysis Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Gene Expression Analysis Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Gene Expression Analysis Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Gene Expression Analysis Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Gene Expression Analysis Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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