How big is the gene expression market?

The global gene expression market size was estimated at USD 14 billion in 2022 and is expected to reach USD 14.80 billion in 2023.

What is the gene expression market growth?

The global gene expression market is expected to grow at a compound annual growth rate of 5.09% from 2023 to 2030 to reach USD 20.9 billion by 2030.

Which segment accounted for the largest gene expression market share?

Kits & reagents dominated the gene expression market with a share of 74.2% in 2022. This is attributable to the high penetration of kits and reagents in the space in terms of product availability, usage rate, and purchase frequency.

Who are the key players in the gene expression market?

Some key players operating in the gene expression market include QIAGEN, Quest Diagnostics Incorporated, F. Hoffmann-La Roche Ltd, Illumina, Inc., Bio-Rad Laboratories, Thermo Fisher Scientific, Inc., Agilent Technologies, GE Healthcare, and TAKARA BIO INC.

What are the factors driving the gene expression market?

Key factors that are driving the gene expression market growth include increasing interest of research entities in transcriptomic profiling coupled with technological advancements in genomic technologies in terms of accuracy, specificity, and outcome.