What Is The Current and Historic Market Size Analysis Of The Epigenetics Drugs And Diagnostic Technologies Market?
The epigenetics drugs and diagnostic technologies market has seen considerable growth due to a variety of factors.
• In recent years, the market size for epigenetics drugs and diagnostic technologies has seen exponential growth. The market is projected to expand from $15.49 billion in 2024 to $18.86 billion in 2025, with a compound annual growth rate (CAGR) of 21.8%.
Factors contributing to this growth during the historical period include the augmented understanding of epigenetic mechanisms, the progress in genome-wide association studies (GWAS), escalating demand for healthcare, rising geriatric population, and increasing incidences of cancer.
What Is The Forecast For The Epigenetics Drugs And Diagnostic Technologies Market Size?
The epigenetics drugs and diagnostic technologies market is expected to maintain its strong growth trajectory in upcoming years.
• In the coming years, the market size for epigenetics drugs and diagnostic technologies is forecasted to experience substantial expansion. It is predicted to escalate to $41.03 $ billion in 2029 at a compound annual growth rate (CAGR) of 21.4%.
The projected growth in this period can be linked to the increased prevalence of neurological diseases, a rise in inflammatory disorders, the growing frequency of chronic illnesses, a heightened demand for personalized medicine, and an increased awareness and uptake of epigenetic diagnostics. Key trends within this predicted period incorporate advancements in personalized therapies based on epigenetics, the merging of epigenomics with artificial intelligence, innovations in multi-omics research and clinical practice approaches, cutting-edge technologies, and innovative diagnostic methods.
What Are The Essential Drivers Behind The Growth Of The Epigenetics Drugs And Diagnostic Technologies Market?
The surge in cancer incidence is projected to stimulate growth in the epigenetics drugs and diagnostic technologies market. This collective term for diseases featuring abnormal cell growth with the potential to invade or move to other body parts, stems from various factors like older populations, alterations in lifestyle, environmental contaminants, genetic factors, and advancements in diagnostic methods. Epigenetic drugs and diagnostic technologies can counteract the cancer increase by focusing on and altering gene expression, which allows for early detection and tailoring of treatment plans. For instance, the Australian Institute of Health and Welfare, a governmental agency based in Australia, reported in July 2024 that the cancer cases diagnosed in Australia rose from 156,781 in 2021 to 160,570 in 2022. Accordingly, the rising frequency of cancer fuels the expansion of the epigenetics drugs and diagnostic technologies market.
How Is The Global Epigenetics Drugs And Diagnostic Technologies Market Divided Into Key Segments?
The epigenetics drugs and diagnostic technologiesmarket covered in this report is segmented –
1) By Technology: Deoxyribonucleic Acid (DNA) Methylation, Histone Methylation, Histone Acetylation, Large Non Coding Ribonucleic Acid (RNA), MicroRNA Modification, Chromatin Structures
2) By Application: Oncology, Solid Tumors, Liquid Tumors, Non Oncology, Inflammatory Diseases, Metabolic Diseases, Infectious Diseases, Cardiovascular Diseases, Other Applications
3) By End-User: Hospitals And Clinics, Diagnostic Centers, Other End Users
Subsegments:
1) By Deoxyribonucleic Acid (DNA) Methylation: Methylation Inhibitors, Methylation Detection Kits, Methylation Profiling Technologies, Bisulfite Sequencing
2) By Histone Methylation: Histone Methyltransferase Inhibitors, Histone Demethylase Inhibitors, Histone Methylation Assays, Chromatin Immunoprecipitation (ChIP) Techniques
3) By Histone Acetylation: Histone Acetyltransferase Inhibitors, Histone Deacetylase Inhibitors (HDACi), Acetylation Detection Kits, Western Blotting for Acetylation
4) By Large Non-Coding Ribonucleic Acid (RNA): lncRNA Expression Profiling, lncRNA Modulation Technologies, lncRNA Detection Kits, Bioinformatics Tools for lncRNA Analysis
5) By MicroRNA Modification: MicroRNA Mimics, MicroRNA Inhibitors, MicroRNA Expression Analysis, MicroRNA Detection Assays
6) By Chromatin Structures: Chromatin Remodeling Agents, Chromatin Accessibility Assays, 3D Chromatin Architecture Technologies, Nuclear Imaging Techniques
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What Trends Are Reshaping The Future Of The Epigenetics Drugs And Diagnostic Technologies Market?
Leading firms in the epigenetics drugs and diagnostic technologies market are channeling their efforts towards the creation of cutting-edge technologies like DNA methylation analysis technology. Their intention is to elevate the accuracy and effectiveness of disease identification, refine personalized treatment approaches, and deepen our comprehension of gene regulation in numerous diseases. The term DNA methylation analysis technology pertains to a series of techniques applied to examine the patterns of DNA methylation, an altering process of DNA involving the addition of a methyl group to the DNA's cytosine base. For instance, in August 2023, Watchmaker Genomics Inc., an American biotech company, forged a partnership with Exact Sciences Corp., another US-based molecular diagnostics company. Their joint endeavor is centered on the creation and commercialization of a groundbreaking DNA methylation analysis technology, dubbed as TET-assisted pyridine borane sequencing (TAPS). The collaboration's objective is to uplift cancer screening and diagnostic capabilities, drawing on Watchmaker's proficiency in formulating DNA modifying enzymes to enhance TAPS chemistry. This is pivotal for preliminary cancer detection and monitoring minimal residual disease (MRD) via liquid biopsies, where DNA methylation patterns are utilized as health status biomarkers.
Who Are the Key Players In The Epigenetics Drugs And Diagnostic Technologies Market?
Major companies operating in the epigenetics drugs and diagnostic technologies market are:
• Pfizer Inc.
• F. Hoffmann-La Roche Ltd.
• Merck & Co Inc.
• Novartis AG
• Bristol-Myers Squibb Company
• Thermo Fisher Scientific Inc.
• AstraZeneca PLC
• Illumina Inc.
• QIAGEN NV
• Exact Sciences Corporation
• Abcam PLC
• Syndax Pharmaceuticals Inc.
• Astex Pharmaceuticals Inc.
• Diagenode LLC
• Cisbio Bioassays
• 4SC AG
• Verogen Inc.
• Watchmaker Genomics Inc.
• Oryzon Genomics SA
• Cell Centric Ltd.
• Epiaxis Therapeutics
What Are The Regional Insights Into The Epigenetics Drugs And Diagnostic Technologies Market?
North America was the largest region in the epigenetics drugs and diagnostic technologies market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the epigenetics drugs and diagnostic technologies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
