Gene expression is the process by which information from a gene is used in the synthesis of a functional gene product. The genetic code stored in DNA can be studied using gene expression and the properties of the expression determine the phenotype of the organism.
Gene sequencing helps in understanding the metabolic pathways in an organism and how a disease affects a cell (pathogenesis). The genome-wide study can be used to correctly categorize diseases. This has led to its improved use in various uses such as pharmacogenomics, diagnostics, toxicology, and biomarkers.
Global Gene Expression Analysis Market-Market Dynamics
The report details several factors driving and restraining the market. Some of these are listed below.
Some of the factors contributing to the growth of the market are:
Rapid technological advances
Development of genomic databases
Increased government funding towards genomics
Increased levels of health awareness among population
Use of gene expression analysis in healthcare institutions and hospitals
The market is highly constrained due to:
Lack of skilled labor
High cost of instruments
Capitalization on patents
The global gene expression analysis market can be segmented by technology: PCR, NGS, microarray, sanger sequencing, and others; usage: reagents, kits, and instruments; services: bioinformatics, data analysis, gene expression analysis, and others; and application: drug discovery, biotechnology, academic labs, diagnostic labs, and others.
The global gene expression analysis market has also been geographically segmented into Asia-Pacific, Europe, Middle East and North Africa (MENA), North America and Rest of the World, with North America dominating the global market. Asia-Pacific is also an emerging market which has a scope for growth and can potentially dominate the market in the future.
Some of the key players in the market are:
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