Gene Expression Market Size, Competitors Strategy, Regional Analysis and Industry Growth by Forecast to 2028

The pharmaceutical and healthcare sector is rapidly expanding in terms of revenue in the recent years and is expected to register robust CAGR over the forecast period of 2028.

According to the current analysis of Reports and Data, the Global Gene Expression market size was valued at USD 7,173.7 Million in 2020 and is forecast to exceed USD 13.05 Billion in terms of revenue, at a CAGR of 8.1% through 2028. The market growth is driven by factors, including surging demands for effective cancer treatment, falling cost of sequencing procedures, and increasing patient inclination towards personalized medicines.

With the increased availability and lowering costs of DNA technologies, gene expression has become an indispensable part of drug discovery and development. Increasing prevalence of chronic diseases and associated demand for personalized medicine is offering lucrative opportunities for the gene expression industry players. In addition, increasing usage of gene expression data for various applications, such as diagnostics, toxicogenomics, and pharmacogenomics will further foster market size through 2028.

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Leading companies operating in the market and profiled in the report include:

Agilent Technologies, Qiagen N.V., Illumina, Inc., and Thermo Fisher Scientific, Inc., amongothers.

Market Overview:

The pharmaceutical and healthcare sector is rapidly expanding in terms of revenue in the recent years and is expected to register robust CAGR over the forecast period of 2028. Factors such as rapid advancements in the pharma and healthcare sector, adoption of latest technologies, tools and equipment, emergence of various new diseases and improvements in healthcare facilities and infrastructure. In addition, rising healthcare expenditure, increasing per capita income in the developing countries and favorable reimbursement policies are fueling market growth. Increasing funds by various public and private sectors and increasing investments to develop enhanced products and devices are also boosting market growth. Moreover, increasing preference for ambulatory services and point of care services, and increasing funds for research centers and hospitals for drug discovery is expected to fuel market growth going ahead.

Competitive Landscape:

The report provides details about competitive landscape of global Gene Expression market focusing on every market player, its global position, revenue generation product portfolio, company overview, financial planning and business expansion plans. The global Gene Expression market is quite competitive and comprises various key players at global and regional levels. Key players are investing in research and development activities, and strategizing various plans such as mergers and acquisitions, partnerships, joint ventures, new product launches, to enhance their product base and strengthen their market position.

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Gene Expression Market Segmentation:

Product and Services (Revenue, USD Billion; 2018–2028)

  • Equipment
    • Polymerase chain reaction (PCR)
    • Next-generation sequencing (NGS)
    • DNA Microarray
  • Consumables
    • DNA Chips
    • Reagents
  • Services
    • Gene expression profiling services
    • Bioinformatics Solutions

Capacity (Revenue, USD Billion; 2018–2028)

  • Low- to Mid- Plex Gene Expression
  • High-Plex Gene Expression

Application (Revenue, USD Billion; 2018–2028)

  • Diagnostic
  • Drug Discovery
  • Research

Regional Outlook:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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