Global Epigenomic Market – shubhangi sapkal – Medium

The global epigenomic market was valued US$ 5.28 Bn in 2017 and is expected to reach US$ 16.3 Bn by 2026, at a CAGR of 15.13 % during a forecast period.

Growing applications in personalized medicine & targeted therapy in oncology and the use of epigenetics in non-oncology applications is a growth opportunity for the it.

Increase in the prevalence of cancer & other chronic diseases, a rise in the aging population, and a decrease in the sequencing costs & time is driving the growth of the market. Growth in funding for research & development, need for better cancer therapies, development in personalized medicine, and the increasing importance of epigenetic technology is also boosting the market growth. The high cost of instruments is limiting the growth of the market. Some challenges of the market are concerns regarding the quality of antibodies, and a lack of trained professionals.

Reagents segment include antibodies, buffers, histones, and magnetic beads. Reagents are used in the analysis of epigenetic changes and it is contributed the maximum shares to the this market owing to the sales volume of reagents is high in comparison to other equipment. The sales volume of reagents is high due to their increased affordability & ease of storage in less space. Oncology deals with tumors and cancers. 
Rise in the number of collaborations between the large pharmaceutical companies to get into innovation & produce technologically advanced and effective products & service in North-America is leading the global market. An Asia-pacific this is estimated to grow rapidly, owing to the high incidence of cancer, a large occurrence of target diseases, the rise in healthcare expenditure, the increase in investments & funds, and various emerging applications.

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The Scope of Global Epigenomic Market:

Global Epigenomic Market, by Product:

• Enzymes 
• Instruments and Consumables 
• Kits 
• Reagents 
• Bioinformatics Tools 
Global Epigenomic Market, by Application:

• Oncology 
Metabolic Diseases 
• Developmental Biology 
• Immunology 
• Cardiovascular Diseases 
• Other application 
Global Epigenomic Market, by Technology:

• DNA Methylation 
• Histone Modifications 
• Other Technologies 
Global Epigenomic Market, by End-User:

• Academic & Research Institutes 
• Pharmaceutical & Biotechnology Companies 
• Contract Research Organizations 
Global Epigenomic Market, by Region:

• North America 
• Europe 
• South America 
• Middle East & Africa 
Key Player Operating In the Global Epigenomic Market:

• Abbott Laboratories 
• Affymetrix 
• Agilent Technologies 
• Astellas Pharmaceuticals 
• Bayer Ag 
• Bio Vision 
• Celgene Corp. 
• Epigenomics Ag 
• Epigentek 
• Glaxosmithkline 
• Illumina Inc. 
• Johnson & Johnson 
• Laboratory Corp. Of America Holdings 
• Merck Sharp & Dohme 
• Naturewise Biotech & Medicals Corp. 
• Novartis Pharma Ag 
• Orchid Chemicals & Pharmaceuticals Limited 
• Tbg Diagnostics Limited 
• Rubicon Genomics 
• Roche Holding Ag

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