According to a report “Epigenetics Diagnostic Market Size, Share & Trends Analysis Report By Technology, By Product (Reagents, Kits, Instruments), By Application (Oncology, Non-oncology), By Region, And Segment Forecasts, 2019 – 2026” published by Grand View Research, Inc, The global Epigenetics Diagnostic Market size is expected to reach USD 21.7 billion by 2026, expanding at a CAGR of 18.8% over the forecast period, according to a new study by Grand View Research, Inc. Growing prevalence of cancer and other diseases across the globe, along with epigenetic modification base, is anticipated to fuel the industry growth during the forecast period.
Key Takeaways from the report:
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Diagnostic companies are upgrading their products by implementing new techniques for attaining specific and sensitive results. Companies such as Abcam plc, Invitrogen, and Sigma Aldrich Corporation are developing a new range of Chromatin immunoprecipitation (ChIP)-validated antibodies specific for detection of histone modifications at various loci.
In addition, many biotechnology and pharmaceutical companies and academic research organizations are collaborating to promote the growth of the epigenetics diagnostic industry. Companies such as Epigenomics, OncoMethylome Sciences, and Orion Genomics have collaborated with other laboratories and diagnostic companies that have licensed their technology for development of Laboratory-developed Tests (LDTs).
Technological advancements resulting in increased accuracy, portability, and cost-effectiveness are expected to be a high-impact rendering driver in the market. For instance, Diagenode has developed automated kits for detection and purification of methylated DNA.
Grand View Research has segmented the global epigenetics diagnostic market on the basis of product, technology, application, and region:
Epigenetics Diagnostic Product Outlook (Revenue, USD Million, 2014 – 2026)
Epigenetics Diagnostic Technology Outlook (Revenue, USD Million, 2014 – 2026)
Epigenetics Diagnostic Application Outlook (Revenue, USD Million, 2014 – 2026)
Epigenetics Diagnostic Regional Outlook (Revenue, USD Million, 2014 – 2026)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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