Global DNA Methylation Industry, supported by advancements in molecular imprints, is anticipated to reach a revenue of US$ 5815.49 Million by 2033 | FMI

DNA Methylation Industry
DNA Methylation Industry

The global DNA Methylation Industry is anticipated to reach a market size of US$ 1437.5 Million in 2023 and US$ 5815.49 Million by 2033, showing a CAGR of 15% during that time. The biggest factor expected to contribute to the DNA Methylation Industry’s expected rise is the rising incidence of cancer worldwide. From 2016 to 2021, the market for DNA methylation experienced a CAGR of 11%.

The DNA Methylation Industry has gained significant attention in recent years due to its potential applications in various fields, including medical research, diagnostics, and personalized medicine. DNA methylation is an epigenetic modification that plays a crucial role in gene regulation, and aberrant DNA methylation patterns have been linked to numerous diseases, such as cancer, neurological disorders, and autoimmune conditions. As a result, the demand for DNA methylation analysis tools and services has been steadily increasing, driving the growth of the DNA Methylation Industry.

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One of the primary factors contributing to the expansion of the DNA Methylation Industry is the growing understanding of the role of DNA methylation in disease development and progression. Researchers and clinicians have recognized the significance of DNA methylation as a potential biomarker for early detection, prognosis, and treatment response prediction. By analyzing the DNA methylation patterns, scientists can gain insights into the molecular mechanisms underlying diseases and develop targeted therapies accordingly.

Moreover, technological advancements have propelled the DNA Methylation Industry forward. High-throughput sequencing technologies, such as next-generation sequencing (NGS), have revolutionized DNA methylation analysis by enabling the simultaneous investigation of the entire genome. These advanced techniques provide researchers with unprecedented resolution and accuracy, allowing them to identify specific DNA methylation changes associated with different diseases. The development of cost-effective and user-friendly DNA methylation analysis platforms has also contributed to the widespread adoption of DNA methylation analysis in both research and clinical settings.

Key Takeaways from the Market Study:

  • By technology, sequencing is expected to possess 35% market share for DNA Methylation Industry in 2023.
  • By product, consumables are expected to possess 35% market share for DNA Methylation Industry in 2023.
  • By application, clinical research is expected to possess 40% market share for DNA Methylation Industry in 2023.
  • By application, diagnostic segment is anticipated to witness the fastest growth in the coming years with a CAGR of 16%.
  • By end use, pharmaceutical and biotechnology end-use segment are expected to possess 42% market share for DNA methylation in 2023.
  • North America is expected to possess 40% market share for DNA Methylation Industry in 2023.
  • Asia Pacific is expected to possess 38% market share for DNA Methylation Industry in 2023.

“Expenditure on research and development along with government funding is expected to accelerate the growth of DNA Methylation Industry. comments a Future Market Insights analyst.

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Competitive Landscape:

  • Some prominent players in the global DNA Methylation Industry include New England Biolabs
  • Sysmex Corporation
  • Abcam plc.
  • F. Hoffmann-La Roche Ltd.
  • Diagenode Diagnostics S.A.
  • Thermo-Fisher Scientific Inc.
  • Agilent Technologies Inc.
  • BioRad Laboratories Inc.
  • Exact Sciences Corporation
  • QIAGEN N.V.
  • Active Motif, Inc.
  • Illumina Inc.
  • EpiGentek Group Inc.

In May 2022, Oxford Nanopore announced integrating Remora, a technique that offers accurate and real-time epigenetic insights with nanopore sequencing software. This would further offer simple access to accurate whole genome methylation detection.

In June 2020, Base Genomics announced of advancing and developing its DNA methylation technology. the aim is to sequence a large amount of epigenetic data from a blood test which could revolutionize the preventative medicine arena.

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Key Segments Profiled in the DNA Methylation Industry Survey:

Technology:

  • Polymerase Chain Reaction (PCR)
  • Microarray
  • Sequencing
  • Others

Product:

  • Consumables
  • Kits & Reagents
  • Enzymes
  • Instruments & Software

Application:

  • Gene Therapy
  • Clinical Research
  • Diagnostics
  • Others

End-use:

  • Hospital & Diagnostic Laboratories
  • Pharmaceutical & Biotechnology Companies
  • Research & Academia

Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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