February 15th,2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Epigenetics Market.

Epigenetics Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The Global Epigenetics Market is projected to grow from USD 5.9 billion in 2020 to USD 17.2 billion by 2026 at a CAGR of over 19.5% during the forecast period.
 
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What is Epigenetics?

Epigenetics is referred to a stream of genetics that involves the study of physiological and cellular trait variations initiated by external or ecological aspects, which turns genes on and off and affects the cellular ability to read the genes without being impacted by changes in genotype. It results in changes in the phenotype of an organism rather than the genotype, where the underlying RNA or DNA sequence remains unchanged. Epigenetic alterations are vital for development as they are dynamic and change as per the surrounding environment stimuli.

Key Players

Key players operating in the global epigenetics market are-

• Illumina, Inc. (The US),
• Merck Sharp & Dohme Corp (The US),
• Qiagen (Germany),
• F. Hoffmann-La Roche Ltd. (Switzerland),
• Eisai Co., Ltd. (Japan),
• Novartis AG (Switzerland),
• Abcam plc (UK),
• Diagenode Diagnostics (Belgium),
• Active Motif (The US),
• Zymo Research Corporation (The US), and
• CellCentric (UK).

Market Dynamics

The growing prevalence of cancer and other chronic diseases coupled with the increasing aging population is expected to bolster the product demand.

• The increasing need to understand epigenetic modifications at the molecular level and the advancement of therapeutic solutions are likely to encourage government organizations to fund R&D programs, further bolstering the market growth.

• Furthermore, various initiatives such as the Epidemiology and Genomics Research Program (EGRP) provide incentives to research activities for product innovation that are working towards an understanding of cancer causes and their related outcomes.
Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Epigenetics Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• COVID-19 Impact Assessment
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors
 
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