New York, NY, Aug. 29, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Reporter Gene Assay Market By Product (Assay Kits and Reagents), By End-User (Biotechnology & Pharmaceutical Companies, Research & Academic Institutes, Hospital & Diagnostic Laboratories, and Contract Research Organizations), and By Application (Promoter Structural & Functional Analysis, Cell Signaling Pathways, Protein Interaction, and Gene Regulation): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global reporter gene assay market was USD 1.49 billion in 2018 and is expected to generate around USD 3.01 billion by 2025, growing at a CAGR of around 10.6% between 2019 and 2025.
A reporter gene is a gene type that investigators assigned to a regulatory sequence of another gene of importance in cell cultures, bacteria, plants, or animals. Specific genes are selected as reporters due to their specific traits.
Browse through 54 Tables & 28 Figures spread over 110 Pages and in-depth TOC on “Global Reporter Gene Assay Market: By Product Type, Size, Share, Industry Trends, Segments, Analysis and Forecast, 2018–2025”.
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Rising funding for cell-based studies, growing inclination toward cell-based assays, rapidly rising applications of gene expression, increasing cancer cases, escalating demand for tailored medicines, and accelerating funding processes from government agencies will drive the reporter gene assay market globally. Increasing R&D activities and growing focus on technological innovation will generate more growth opportunities for the reporter gene assay market. However, the high research cost of cell biology, absence of skilled researchers, the dearth of latest healthcare infrastructure in developing nations, and the lack of awareness may restrict the reporter gene assay market growth globally.
The reporter gene assay market is split based on product, end-user, and application. By product, the reporter gene assay market includes assay kits and reagents. Assay kits are sub-segmented into fluorescent protein-linked, luciferase assay, secreted embryonic alkaline phosphatase, beta-galactosidase assay, chloramphenicol acetyltransferase assay, and others. Assay kits are expected to show the highest CAGR over the estimated time period, owing to their recurrent use in studies related to gene expression and signaling pathway exploration along with benefits offered by assay kits above standalone reagents.
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The end-user segment includes biotechnology and pharmaceutical companies, research and academic institutes, hospital and diagnostic laboratories, and contract research organizations. Biotechnology and pharmaceutical companies dominated the market in 2018. The application segment includes promoter structural and functional analysis, cell signaling pathways, protein interaction, and gene regulation. Cell signaling pathways segment is expected to register the highest CAGR in the future, owing to their huge importance in multiple cellular functions and innovative uses in various life science divisions.
North America will lead the reporter gene assay market globally over the forecast time period. The region accounted for over 39% of the global market in 2018, due to the major funding for life sciences studies, growing applications of personalized medicines, rapidly rising cell-based investigation activities, availability of modern healthcare facilities, and the early acceptance of latest technologies.
Browse the full “Reporter Gene Assay Market By Product (Assay Kits and Reagents), By End-User (Biotechnology & Pharmaceutical Companies, Research & Academic Institutes, Hospital & Diagnostic Laboratories, and Contract Research Organizations), and By Application (Promoter Structural & Functional Analysis, Cell Signaling Pathways, Protein Interaction, and Gene Regulation): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/reporter-gene-assay-market
Europe holds the second spot of the global market for reporter gene assay, due to the presence of trained researchers, huge R&D funding by major companies, rising geriatric population, increasing chronic disorder occurrences, and positive reimbursement scenario.
The Asia Pacific reporter gene assay market will grow rapidly over the estimated time period, owing to the rising chronic diseases incidences, growing interest in reporter gene assay, and increasing R&D related to gene therapy. India, China, and Japan are expected to drive the reporter gene assay market development in the Asia Pacific region.
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The Latin American reporter gene assay market will record rapid growth over the estimated time period, owing to the increasing investments made by major companies in the region, growing awareness regarding various applications of gene analysis, and efforts taken by the regional governments to increase this market’s penetration. The Middle Eastern and African region is predicted to determine limited market growth for reporter gene assay, owing to the dearth of skilled researchers and the absence of the latest healthcare set-up.
Some key players of the reporter gene assay market are Thermo Fisher Scientific, Merck, PerkinElmer, Promega Corporation, Abcam, Biotium, Bio-Rad Laboratories, Danaher Corporation, Becton, Dickinson and Company, Geno Technology, InvivoGen, Genecopoeia, PromoCell, Lonza Group, Cell Signaling Technology, and General Electric.
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This report segments the global reporter gene assay market into:
Global Reporter Gene Assay Market: By Product
- Assay Kits
- Fluorescent Protein-linked
- Luciferase Assay
- Secreted Embryonic Alkaline Phosphatase
- Beta-galactosidase Assay
- Chloramphenicol Acetyltransferase Assay
- Others
- Reagents
Global Reporter Gene Assay Market: By End-User
- Biotechnology and Pharmaceutical Companies
- Research and Academic Institutes
- Hospital and Diagnostic Laboratories
- Contract Research Organizations
Global Reporter Gene Assay Market: By Application
- Promoter Structural and Functional Analysis
- Cell Signaling Pathways
- Protein Interaction
- Gene Regulation
Global Reporter Gene Assay Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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