REDDING, Calif., July 9, 2024 /PRNewswire/ -- According to a
new market research report titled, 'Epigenetics Market Size,
Share, Forecast, & Trends Analysis by Offering (Kits, Reagents,
Instruments, Software) Method (DNA Methylation, PCR, Chromatin
Analysis, RNA Modification), Application (Oncology, Non-oncology),
and End User - Global Forecast to 2031,' published by
Meticulous Research®, the epigenetics market is
projected to reach $6.33
billion by 2031 at a CAGR of 15.7% from 2024 to
2031.
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Epigenetics is a phenotypic alteration without permanent
genotypic change using several methods, including DNA methylation,
histone modification, RNA modification, etc. These modifications
play a crucial role in diagnosing and prognosis diseases and
disorders. Epigenetics finds its major application in oncology due
to the global cancer burden and the growing adoption of precision
cancer therapies.
The growth of the epigenetics market is driven by the rising
incidence of chronic diseases due to the rising aging population,
the increasing prevalence of cancer, rising pharmaceutical R&D
expenditures, the increasing focus on epigenetics in drug discovery
& development, and the declining costs of genome sequencing.
However, the lack of skilled professionals restrains the growth of
this market.
The growing applications of epigenetics in non-oncology diseases
and government initiatives supporting large-scale genomic
sequencing projects are expected to generate growth opportunities
for the stakeholders in this market. However, standardization
concerns associated with epigenetics procedures and the limited
applications of epigenetics in toxicology are major challenges to
market growth.
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Growing Prevalence of Cancer is Driving the Demand for
Epigenetics Offerings
Epigenetics enables pharmaceutical & biotechnology companies
to identify and validate disease interactions and mechanisms that
can be used in developing new diagnostic tests and therapies.
Epigenetic markers are measurable indicators of a biological state
or process that can be used to diagnose, monitor, or predict the
progression of a disease and identify changes in gene expression,
genetic variations, or epigenetic modifications associated with a
particular disease or condition.
Biotechnology companies utilize epigenetic methods to identify
factors influencing cell or gene interactions, reduce the time
required to understand factors causing diseases, and enable early
diagnosis and treatment.
The report also includes an extensive assessment of the key
strategic developments of leading industry participants over the
past three to four years (2021–2024). In the last couple of years,
the Epigenetics Market has witnessed several strategic
developments.
The key players operating in the epigenetics market are Thermo
Fisher Scientific Inc. (U.S.), Merck KGaA (Germany), Illumina, Inc. (U.S.), QIAGEN N.V.
(Netherlands), New England Biolabs
(U.S.), Epigentek Group Inc. (U.S.), Pacific Biosciences of
California Inc. (U.S.), Bio-Rad Laboratories, Inc. (U.S.),
PerkinElmer, Inc. (U.S.), 10X Genomics, Inc. (U.S.), Active Motif
(U.S.), and Zymo Research Corporation (U.S.).
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Among the offerings covered in this report, the epigenetics
market is segmented into kits & reagents, software, and
services. In 2024, the kits & reagents segment is expected to
account for the largest share of around 70% of the
epigenetics market. Moreover, the segment is also expected to
record the highest CAGR during the forecast period. Kits &
reagents are used to study epigenetics through chromatin analysis,
histone analysis, DNA methylation, and sequencing, among other
methods. Kits are ready-to-use assays that include components such
as primers, controls, columns, buffers, beads, inhibitors, and
antibodies, depending on the method used for analysis. Reagents are
sold separately and can be used in different concentrations
depending on the requirements of the procedure/analysis. The
recurrent use of kits and reagents and the growing cancer
prevalence are the major factors attributed to the segment's fast
growth.
Among the methods covered in this report, the global epigenetics
market is segmented into DNA methylation, histone modification, RNA
modification, polymerase chain reaction (PCR), chromatin analysis,
sonication, and other methods. In 2024, the DNA methylation
segment is expected to account for the largest share of the
epigenetics market. DNA methylation is an epigenetic mechanism that
involves transferring a methyl group onto the C5 position of
cytosine to form 5-methylcytosine. This process regulates gene
expression by promoting or inhibiting the binding of transcription
factors to DNA. The increasing prevalence of cancer, technological
advancements in PCR and sequencing, and the high focus on reducing
costs associated with lengthy research and product approval
processes support the segment's large share.
Among the applications covered in this report, the global
epigenetics market is segmented into oncology and non-oncology. In
2024, the oncology segment is expected to account for the largest
share of around 78% of the market. Epigenetics helps
differentiate the nuclear organization, DNA methylation, and
histone modification patterns between cancer and normal cells.
Several changes in cancer cells, such as lower histone
post-translational modifications (methylation or acetylation), are
associated with poor outcomes in prostate, lung, and kidney
cancers. In contrast, higher levels of a specific histone
modification (H3K9ac) are associated with lower survival in lung
cancer. Also, a reduction in miR-101 expression has been observed
in many cancer types, which leads to increased expression of an
enzyme responsible for histone methylation. Such methylation
induction in tumor suppressor genes can increase the risk of cancer
development. Thus, epigenetic analyses help in the study, early
diagnosis, and treatment of cancer, leading to a large market share
of the segment.
Among the end users covered in this report, the global
epigenetics market is segmented into pharmaceutical and
biotechnology companies, academic & research institutes, and
hospitals & diagnostic laboratories. The pharmaceutical and
biotechnology companies' segment is expected to record the highest
CAGR during the forecast period. The rapid growth of this segment
is attributed to increasing R&D investments by pharmaceutical
& biotechnology companies, the growing prevalence of chronic
diseases, and a growing emphasis on personalized medicine.
The utilization of epigenetic analysis is growing in precision
medicine. Advancements in epigenetic analysis are changing the way
cancer is diagnosed and treated by doctors. New targeted cancer
treatments that use genomic data to provide patient-specific
treatments are known as precision oncology. This rapidly developing
field has already become a part of mainstream clinical practices.
It involves the molecular profiling of cancer cells to identify
targetable alterations, also known as biomarkers. Quick and
reliable sequencing of multiple genes at once is possible with
epigenetic analysis. Epigenetic analysis has helped develop
precision medicine, which involves tailoring treatments based on
disease-causing molecular/epigenetic changes in a person's
body.
Geographically, in 2024, North
America is expected to account for the largest share of
around 50% of the epigenetics market. North America's large market share is
primarily attributed to the strong focus of local companies on
product launches and enhancements, the presence of key players, the
established healthcare system, the growing number of chronic
diseases, and the rising geriatric population.
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Scope of the Report:
Epigenetics Market Assessment—by Offering
- Kits & Reagents
- Kits & Assays
- Antibodies
- Proteins & Enzymes
- Other Reagents
(Other reagents include buffers, controls, beads, histones,
master mixes, and nuclease-free water)
- Services
- Software
Epigenetics Market Assessment—by Method
- DNA Methylation
- Bisulfite Conversion
- High-resolution Melt (HRM) Analysis
- Immunoprecipitation
- Other DNA Methylation Methods
(Other DNA methylation methods include activity/inhibition
assays, methylated DNA quantification, and methylated DNA
amplification.)
- Histone Modification
- RNA Modification
- Polymerase Chain Reaction
- Chromatin Analysis
- Sonication
- Other Methods
(Other methods include in vitro DNA-protein interactions, DNA
demethylation, and miRNA analysis.)
Epigenetics Market Assessment—by Application
Epigenetics Market Assessment—by End User
- Pharmaceutical & Biotechnology Companies
- Academic & Research Institutes
- Hospitals & Diagnostic Laboratories
Epigenetics Market Assessment—by Geography
- North America
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
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(Diagnostics, Life Science Research), End User (Pharmaceutical
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About Meticulous Research®
Meticulous Research® was founded in 2010 and
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private limited company under the Companies Act, 1956. Since its
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