Epigenetics Market: Growth, Trends, and Forecast (2020-2028)

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The global Epigenetics Market was valued at USD 9,143.1 Million in 2020 and is expected to grow to USD 36.52 Billion by 2028, with a CAGR of 18.8%, according to a recent analysis.

 

Epigenetics is the study of gene activity changes that don't affect the DNA sequence, but can be passed on to offspring. Epigenetic changes can cause various disorders such as cancers, cardiovascular diseases, and reproductive illnesses, and changes in mental state and behavior.

 

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Various illnesses and health indicators may have direct or indirect links with epigenetic mechanisms, and the agents contributing to these conditions, such as heavy metals, pesticides, hormones, and viruses, are also on the rise, supporting market growth. Key technologies used for epigenetic applications include DNA methylation, histone methylation, and acetone methylation.

 

The International Human Epigenome Consortium, the National Cancer Institution, and the National Institute of Health are supporting the epigenetics market positively by providing financial support for research and development. Public organizations are studying epigenetic modifications at the genetic and molecular levels, and developing epigenetics-based therapeutic solutions, which will positively influence the funding scenario for research programs.

 

The global Epigenetics market includes major players such as Illumina, Thermo Fisher Scientific, Merck Millipore, Abcam, Active Motif, and Bio-Rad Laboratories, among others that constitute a competitive market. The market has been segmented on the basis of product type, technology, application, end-use, and region.

 

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Private institutions and biopharmaceutical companies are undertaking several funding and R&D initiatives for the detection of a biomarker for drug development and disorders, driving market growth. The geriatric population's growth around the world is expected to support the growing market.

 

The high initial cost and maintenance costs of the instruments are significant hindrances to market growth, as are the shortage of trained professionals and concerns about the quality of antibodies. Reagents, including antibodies, PCR reagents, histones, primers, magnetic beads, electrophoresis reagents, nucleic acid analysis reagents, and buffers, are extensively used for epigenetic studies, contributing to the high market share of the reagents segment in the epigenetics market.

 

The histone methylation segment is expected to show significant growth of 13.1% during the forecast period and reach USD 5.65 billion by 2026. The emergence of epigenetic targets for the development of epigenetic drugs and epigenetic therapy is expected to have a highly positive impact on the epigenetics market.

 

The European segment is expected to show a CAGR of 12.8% due to increased investments in healthcare projects. Leading and emerging market players are involved in various research and development activities.

 

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