Increase in R&D spending, increase in synthetic genes, rising incidence of cancer and emerging markets across India and China are some of the factors contributing to the Transfection Reagents and Equipment Market growth over the forecasted period.
JERSEY CITY, N.J., Nov. 14, 2022 /PRNewswire/ -- Verified Market Research recently published a report, "Transfection Reagents and Equipment Market" By Product (Reagents and Equipment), By End User (Academics & Research Institutes, and Pharmaceutical And Biotechnology Companies), By Method (Biochemical Methods, Physical Methods, and Viral Methods), By Application (Biomedical Research, Protein Production, and Therapeutic Delivery), By Geographic Scope And Forecast.
As per the deep research carried out by Verified Market Research, the global Transfection Reagents and Equipment Market size was valued at USD 883.3 Million in 2019 and is projected to reach USD 1,460.6 Million by 2027, growing at a CAGR of 7.18% from 2020 to 2027.
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Browse in-depth TOC on "Transfection Reagents and Equipment Market"
202 - Pages
126 - Tables
37 - Figures
Global Transfection Reagents and Equipment Market Overview
Transfection is the process of artificially introducing nucleic acid into a eukaryotic cell. There are various chemicals used for transfection which are referred to as transfection reagents and include chemicals such as cationic lipids and/or polymers. These chemicals form a complex with nucleic acids that are negatively charged and thus open the doors to the cells using endocytosis. This complex then travels inside the cell and delivers the nucleic acids to either cytoplasm or directly to the cell's nucleus. Because of this, these transfection reagents are commonly used in many new biotechnology techniques. Transfection reagents have a significant demand in biotechnology to deliver DNA, siRNA, oligos, and RNA to the suspended cell. Transfection reagents can also penetrate the hard-to-transfect cells, thus improving their applicability.
The growing number of cancer patients across the world is expected to drive the market during the forecast period. Currently, cancer kills the highest number of people across the world. TO tackle this, novel techniques such as gene therapy are seeing increased use. Due to factors such as early cancer detection and growing clinical trials in many developing countries, the demand for transfection reagents and equipment has grown exponentially. Throughout the forecast period, the market is also expected to be driven by the growing use of targeted drug therapy. Asia is having rapid urbanization and industrialization as many countries are showing emerging economies. The Asia region is expected to be the major player in the market as the rising government spending are expected to boost the market for transfection reagents and equipment.
Key Players
The major players in the market are Thermo Fisher Scientific Inc., F. Hoffmann-La Roche Ltd, Promega Corporation, Bio-Rad Laboratories, Inc., Qiagen N.V.Merck KGaA, Lonza Group Ltd., Mirus Bio LLC, Others.
Verified Market Research has segmented the Global Transfection Reagents and Equipment Market On the basis of Product, End User, Method, Application, and Geography.
- Transfection Reagents and Equipment Market, By Product,
- Reagents
- Equipment
- Transfection Reagents and Equipment Market, By End User
- Academics & Research Institutes
- Pharmaceutical & Biotechnology Companies
- Transfection Reagents and Equipment Market, By Method
- Biochemical Methods
- Physical Methods
- Viral Methods
- Transfection Reagents and Equipment Market, By Application
- Biomedical Research
- Protein Production
- Therapeutic Delivery
- Transfection Reagents and Equipment Market, By Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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