Global Transfection Reagents And Equipment Market Size 2024, Forecast To 2033
6 Mar, 2024
The transfection reagents and equipment market has witnessed rapid growth, escalating from $1.46 billion in 2023 to $1.62 billion in 2024, reflecting a compound annual growth rate (CAGR) of 11.5%. This growth in the historic period is attributed to biomedical research demand, pharmaceutical development, the rise in biotechnology applications, academic and research institutions, and advancements in genetic engineering. Looking ahead, the market is poised for rapid growth, reaching $2.43 billion in 2028, with a slightly lower CAGR of 10.6%. The forecast period will be characterized by factors such as gene therapy advancements, increasing bioproduction needs, emerging cell-based therapies, research and development in personalized medicine, and global collaborations. Key trends in this period include a focus on primary cell transfection, a shift towards electroporation techniques, the integration of nanotechnology in transfection, an increasing demand for animal-free transfection reagents, and the adoption of automation and high-throughput transfection systems.
Global Transfection Reagents And Equipment Market Key Driver
The anticipated increase in the number of cancer patients worldwide is set to drive the growth of the transfection reagents and equipment market. Cancer, characterized by abnormal and uncontrollable cell growth, necessitates advanced research tools like transfection reagents for introducing foreign genetic material in studies related to gene expression, gene silencing, drug screening, and target validation. As reported by the American Cancer Society in 2021, a staggering 1.8 million new cancer cases were diagnosed in 2020. This surge in cancer cases worldwide becomes a driving force behind the growth of the transfection reagents and equipment market, indicating positive trends in 2023, 2024, and 2028.
Get A Free Sample Of The Global Transfection Reagents And Equipment Market ReportGlobal Transfection Reagents And Equipment Market Segments
The transfection reagents and equipment market covered in this report is segmented –
1) By Products: Instruments, Reagent And Kits
2) By Types Of Molecule: Plasmid DNA, DNA Oligonucleotides, Small Interfering RNA (SiRNA), Proteins, Ribonucleoprotein Complexes (RNPs), Other Molecules
3) By Organism: Bacteria, Mammalian Cells, Fungi, Plants, Virus
4) By End User: Biopharma, Contract Research Organizations (CROs), Contract Manufacturing Organizations (CMOs) And Contract Development And Manufacturing Organizations (CDMOs), Academia, Hospitals, Clinical Labs, Other End Users
By Geography:The regions covered in the transfection reagents and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
North America was the largest region in the transfection reagents and equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the transfection reagents and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Transfection Reagents And Equipment Industry Players
Thermo Fisher Scientific Inc., Promega Corporation, Qiagen N.V., Bio-Rad Laboratories Inc., Maxcyte Inc., Lonza Group Ltd., Merck KGaA, Mirus Bio LLC, OriGene Technologies Inc., PromoCell GmbH, PerkinElmer Inc., Agilent Technologies Inc., Altogen Biosystems, Applied Biological Materials Inc., Bex Co. Ltd., Sartorius AG, Takara Bio Inc., Tecan Trading AG, Polyplus-transfection SA, Sigma-Aldrich Corporation, Hoffmann-La Roche Ltd., Transfection Technologies Inc., Viromer, ABM Inc., Bio-Techne Corporation, Biotium Inc., Cell Applications Inc., chemicell GmbH, Clontech Laboratories Inc., Genlantis, Inovio Pharmaceuticals Inc., Biontex Laboratories GmbH, Boca Scientific Inc., Jena Bioscience GmbH
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Transfection Reagents And Equipment Market Overview
Transfection reagents refer to substances or kits used to introduce foreign genetic material, such as DNA or RNA, into cells. These reagents facilitate the delivery of nucleic acids into cells, allowing researchers to study gene expression, manipulate gene function, or produce recombinant proteins.
Transfection Reagents And Equipment Global Market Report 2023 provides data on the global transfection reagents and equipment market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The transfection reagents and equipment market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.