Grand View Research, Inc. - Market Research And Consulting. According to report published by Grand View Research, the global transfection reagent & equipment market size is expected to reach USD 1.08 billion by 2022. The growth of the market can be attributed to ongoing oncology-based research & development that aimed at understanding disease cause at genomic & molecular levels coupled with consequent surging demand for targeted therapies.
The global transfection reagent & equipment market size is expected to reach USD 1.08 billion by 2022, according to a new report by Grand View Research, Inc., progressing at a CAGR of 7.4% during the forecast period. The growth of the market can be attributed to ongoing oncology-based research & development that aimed at understanding disease cause at genomic & molecular levels coupled with consequent surging demand for targeted therapies.
Transfection technology is recognized as an integral part of research programs pertaining to thorough investigation of various chromosomal anomalies. Hence, rising cancer prevalence of cancer as well as genetic conditions is anticipated to provide a fillip to the market. Furthermore, funds and grants by funding and government bodies are likely to back the growth of the market.
Funding and federal agencies, such as National Science Foundation (NSF), are offering the biotechnology sector with huge funding to carry out their biotechnology-based investigational studies. Moreover, international funding bodies such as NIH and Welcome Trust are projected to play a crucial role in the growth of the market by providing funds for genetic research studies. Such significant funds and grants are poised to boost the adoption of transfection technology over the forecast period.
Full Research Report On transfection reagent & equipment market Analysis:
www.grandviewresearch.com/industry-analysis/transfection-reagents-and-equipment-market
Further Key Findings From the Report Suggest:
On the basis of method, electroporation and liposomal transfection accounted for substantial cumulative share in the market. Several advantages offered by these techniques over other methods in terms of timeliness, complexity, and variability are supplementing the growth of the segment
Transfection technology serves a wide range of applications with gene expression studies being the largest application in terms of revenue in 2016
North America was the most prominent regional market in 2016. The growth of the region can be attributed to presence of prominent participants coupled with well-established biotechnology & genomic industries
Asia Pacific is estimated to post a noteworthy CAGR during the forecast period owing to increasing investments by international players for business expansion and rising buying power of consumers
Thermo Fisher Scientific Inc.; Promega Corporation; QIAGEN; and F.Hoffmann-La Roche Ltd are some prominent players in the market. These companies are undertaking several endeavors to enhance their shares in the market
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Grand View Research has segmented the global transfection reagent & equipment market on the basis of product, method, application, and region:
Transfection Reagent & Equipment Product Outlook (Revenue, USD Million, 2014 - 2022)
Reagents
Equipment
Transfection Reagent & Equipment Method Outlook (Revenue, USD Million, 2014 - 2022)
Electroporation
Liposomes
Particle Bombardment
Microinjection
Adenoviral Vectors
Direct Microinjection
Calcium phosphate
DEAE - dextran
Magnetic Beads
Activated Dendrimers
Laserfection
Transfection Reagent & Equipment Application Outlook (Revenue, USD Million, 2014 - 2022)
Gene Expression Studies
Protein Production
Transgenic Models
Therapeutic Delivery
Cancer Research
Biomedical Research
Transfection Reagent & Equipment Regional Outlook (Revenue, USD Million, 2014 - 2022)
North America
U.S.
Canada
Europe
Germany
U.K.
Asia Pacific
Japan
China
Latin America
Brazil
Middle East & Africa
South Africa
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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