Epigenetics Market: Restraint,Competitor,Regional Analysis
Epigenetics Market Restraint
High maintenance and cost of the instruments such as next generation sequencing or qPCR, implemented for epigenetic study are expected to be the key factors hindering growth of the epigenetics market.
Epigenetics Market – Regional Analysis
On the basis of geography, global epigenetics market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. North America epigenetics market is expected to hold dominant position in the global market, owing to increasing funding for research and development activities by government. Furthermore, Asia Pacific epigenetics market is expected to be fastest growing region owing to high incidence of cancer. For instance, according to article in Japanese Journal of Clinical Oncology in 2012, more than 70% of total cancer mortality is reported in Asia Pacific region and it is projected to rise continuously to 16 million by 2025.
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Epigenetics Market – Competitor
Epigenetics market is highly fragmented. Major players operating in market include Illumina Inc., Thermo Fisher Scientific Inc., Merck Millipore Limited, Bio-Rad Laboratories, Inc., Qiagen Inc., Zymo Research Corporation, Diagenode s. a., Enzo Life Sciences, Inc. and New England Biolabs Inc.
Epigenetics is the structural changes in chromosomal regions, which signal or perpetuate alteration in gene expression by turning it on or off. Epigenetic alteration includes DNA methylation, histone modification, chromatin remodeling, genomic imprinting, X chromosome inactivation, and non-coding RNA regulation affecting gene transcription. Epigenetics is applied for the studies of oncology, developmental biology, drug development, and non-oncological disorders such as Alzheimer’s disease and respiratory disease. Epigenetics has applications in in forensic science for paternity testing, distinguishing between identical twins, identification of tissue origin, and for estimation of postmortem interval. Increasing application of epigenetics is expected to propel growth of the epigenetics market.
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