Product Code: GVR-2-68038-831-2
Epigenetics Diagnostics Market Growth & Trends
The global epigenetics diagnostic market size is expected to reach USD 39.15 billion by 2030, expanding at a CAGR of 15.10% over the forecast period, according to a new study by Grand View Research, Inc. The growth is attributed to the rising incidence of major depressive disorder (MDD). According to WHO, in 2023, around 5% of adults suffer from depressive disorder. Furthermore, according to a study published by NCBI in 2022, around 280 million people are affected by MDD across the globe. Additionally, technological advancement in the field of epigenetic drug discovery is also contributing to the growth. A study published by BioMed Central Ltd. states that there is an increasing inclination towards selective isoform inhibitor construction to produce anti-tumor effects.
Moreover, increasing investment from public and private organizations in the field of epigenetics is anticipated to drive the market during 2023-2030. For instance, in March 2023, Chroma Medicine, Inc., a leader in single-dose epigenetic editing systems, completed a USD 135 million Series B funding. The financing was led by Google Ventures for the advancement in the field of epigenetic editing technology.
Key players in the industry are adopting various strategies to strengthen their market position and expand their customer base. For instance, in May 2022, Cardio Diagnostics, Inc., and Mana Capital Acquisition Corp. entered a business agreement. The goal of this agreement was to create a publicly listed company to transform cardiovascular disease through the application of epigenetics. Moreover, in February 2022, Element Bioscience, Inc., and Dovetail Genomics announced a partnership to demonstrate the performance and value of Dovetail's next-generation sequencing library prep service on Element's AVITI system.
The COVID-19 pandemic has positively impacted the market by creating opportunities for epigenetics researchers to study the impact of the COVID-19 virus on DNA methylation changes and myeloid differentiation. A study published by NCBI in 2022 states that epigenetic modification not only plays a crucial role in the maintenance of cellular homeostasis and the genome but also provides information about the cause and development of virus infection.
Epigenetics Diagnostics Market Report Highlights
- Based on product, the reagent segment dominated the market with a share of 31.50% in 2022. The growth is attributed to the rising demand for reagents in epigenetic research studies.
- Based on technology, the DNA methylation segment accounted for the largest revenue share of 46.73% in 2022, owing to its increasing demand in chronic disease treatment.
- Based on application, the oncology application segment accounted for the largest revenue share of 69.23% in 2022. The segment growth is attributed to the increasing demand for epigenetics research in the field of cancer owing to its growing incidences.
- North America dominated the market with a revenue share of 38.18% in 2022, owing to the presence of prominent market players and technologically advanced healthcare infrastructure. Moreover, rising awareness coupled with high R&D expenditure is anticipated to drive growth over the forecast period.
- Some of the major players in the market are Roche Diagnostics, Thermo Fisher Scientific, Inc., Eisai Co. Ltd., Novartis AG, Element Biosciences, Inc., Dovetail Genomics LLC., Illumina, Inc., ValiRx Plc., and Abcam plc.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Information Procurement
- 1.2. Information Or Data Analysis
- 1.3. Market Scope & Segment Definition
- 1.4. Market Model
- 1.4.1. Market Study, By Company Market Share
- 1.4.2. Regional Analysis
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. Epigenetics Diagnostics Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Market Dynamics
- 3.2.1. Market driver analysis
- 3.2.1.1. Increasing prevalence of cancer
- 3.2.1.2. Rise in number of geriatric patients
- 3.2.1.3. Expanding governmental initiatives in the epigenetics field
- 3.2.2. Market restraint analysis
- 3.2.2.1. Worries about diagnoses using epigenetics in terms of standardization
- 3.2.2.2. Lack of skilled professionals
- 3.2.3. Market opportunity analysis
- 3.2.3.1. Improvement in healthcare infrastructure in developing economies
- 3.3. Epigenetics Diagnostics Market Analysis Tools
- 3.3.1. Porter's Five Forces Analysis
- 3.3.2. PESTEL Analysis
- 3.3.3. COVID-19 Impact Analysis
Chapter 4. Product Business Analysis
- 4.1. Epigenetics Diagnostics Market: Product Movement Analysis
- 4.2. Reagents
- 4.2.1. Reagents Market, 2018 - 2030 (USD Million)
- 4.3. Kits
- 4.3.1. Kits Market, 2018 - 2030 (USD Million)
- 4.3.2. Chip Sequencing Kit
- 4.3.2.1. Chip sequencing kit Market, 2018 - 2030 (USD Million)
- 4.3.3. Whole Genomic Amplification kit
- 4.3.3.1. Whole Genomic Amplification Kit Market, 2018 - 2030 (USD Million)
- 4.3.4. Bisulfite Conversion Kit
- 4.3.4.1. Bisulfite Conversion Kit Market, 2018 - 2030 (USD Million)
- 4.3.5. RNA Sequencing Kit
- 4.3.5.1. RNA Sequencing Kit Market, 2018 - 2030 (USD Million)
- 4.3.6. Others
- 4.3.6.1. Others Market, 2018 - 2030 (USD Million)
- 4.4. Instruments
- 4.4.1. Instruments Market, 2018 - 2030 (USD Million)
- 4.5. Enzymes
- 4.5.1. Enzymes Market, 2018 - 2030 (USD Million)
- 4.6. Services
- 4.6.1. Services Market, 2018 - 2030 (USD Million)
Chapter 5. Application Business Analysis
- 5.1. Epigenetics Diagnostics Market: Application Movement Analysis
- 5.2. Oncology
- 5.2.1. Oncology Market, 2018 - 2030 (USD Million)
- 5.2.2. Solid Tumors
- 5.2.2.1. Solid Tumors Market, 2018 - 2030 (USD Million)
- 5.2.3. Others
- 5.2.3.1. Others Market, 2018 - 2030 (USD Million)
- 5.3. Non-oncology
- 5.3.1. Non-oncology Market, 2018 - 2030 (USD Million)
- 5.3.2. Inflammatory Diseases
- 5.3.2.1. Inflammatory Diseases Market, 2018 - 2030 (USD Million)
- 5.3.3. Metabolic Diseases
- 5.3.3.1. Metabolic Diseases Market, 2018 - 2030 (USD Million)
- 5.3.4. Infectious Diseases
- 5.3.4.1. Infectious Diseases Market, 2018 - 2030 (USD Million)
- 5.3.5. Cardiovascular Diseases
- 5.3.5.1. Cardiovascular Diseases Market, 2018 - 2030 (USD Million)
- 5.3.6. Others
- 5.3.6.1. Others Market, 2018 - 2030 (USD Million)
Chapter 6. Technology Business Analysis
- 6.1. Epigenetics Diagnostics Market: Technology Movement Analysis
- 6.2. DNA Methylation
- 6.2.1. DNA Methylation Market, 2018 - 2030 (USD Million)
- 6.3. Histone Methylation
- 6.3.1. Histone Methylation Market, 2018 - 2030 (USD Million)
- 6.4. Histone Acetylation
- 6.4.1. Histone Acetylation Market, 2018 - 2030 (USD Million)
- 6.5. Large noncoding RNA
- 6.5.1. Large noncoding RNA Market, 2018 - 2030 (USD Million)
- 6.6. MicroRNA modification
- 6.6.1. MicroRNA modification Market, 2018 - 2030 (USD Million)
- 6.7.1. Chromatin Structure Market, 2018 - 2030 (USD Million)
Chapter 7. Regional Business Analysis
- 7.1. Epigenetics Diagnostics Market Share By Region, 2022 & 2030
- 7.2. North America
- 7.2.1. SWOT Analysis
- 7.2.2. North America Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.2.3. U.S.
- 7.2.3.1. Key Country Dynamics
- 7.2.3.2. Target Disease Prevalence
- 7.2.3.3. Competitive Scenario
- 7.2.3.4. Regulatory Framework
- 7.2.3.5. Reimbursement Scenario
- 7.2.3.6. U.S. Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.2.4. Canada
- 7.2.4.1. Key Country Dynamics
- 7.2.4.2. Target Disease Prevalence
- 7.2.4.3. Competitive Scenario
- 7.2.4.4. Regulatory Framework
- 7.2.4.5. Reimbursement Scenario
- 7.2.4.6. Canada Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. SWOT Analysis
- 7.3.2. Europe Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.3. UK
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. Target Disease Prevalence
- 7.3.3.3. Competitive Scenario
- 7.3.3.4. Regulatory Framework
- 7.3.3.5. Reimbursement Scenario
- 7.3.3.6. UK Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.4. Germany
- 7.3.4.1. Key Country Dynamics
- 7.3.4.2. Target Disease Prevalence
- 7.3.4.3. Competitive Scenario
- 7.3.4.4. Regulatory Framework
- 7.3.4.5. Reimbursement Scenario
- 7.3.4.6. Germany Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.5. France
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Target Disease Prevalence
- 7.3.5.3. Competitive Scenario
- 7.3.5.4. Regulatory Framework
- 7.3.5.5. Reimbursement Scenario
- 7.3.5.6. France Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.6. Italy
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. Target Disease Prevalence
- 7.3.6.3. Competitive Scenario
- 7.3.6.4. Regulatory Framework
- 7.3.6.5. Reimbursement Scenario
- 7.3.6.6. Italy Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.7. Spain
- 7.3.7.1. Key Country Dynamics
- 7.3.7.2. Target Disease Prevalence
- 7.3.7.3. Competitive Scenario
- 7.3.7.4. Regulatory Framework
- 7.3.7.5. Reimbursement Scenario
- 7.3.7.6. Spain Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.8. Denmark
- 7.3.8.1. Key Country Dynamics
- 7.3.8.2. Target Disease Prevalence
- 7.3.8.3. Competitive Scenario
- 7.3.8.4. Regulatory Framework
- 7.3.8.5. Reimbursement Scenario
- 7.3.8.6. Denmark Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.9. Sweden
- 7.3.9.1. Key Country Dynamics
- 7.3.9.2. Target Disease Prevalence
- 7.3.9.3. Competitive Scenario
- 7.3.9.4. Regulatory Framework
- 7.3.9.5. Reimbursement Scenario
- 7.3.9.6. Sweden Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.3.10. Norway
- 7.3.10.1. Key Country Dynamics
- 7.3.10.2. Target Disease Prevalence
- 7.3.10.3. Competitive Scenario
- 7.3.10.4. Regulatory Framework
- 7.3.10.5. Reimbursement Scenario
- 7.3.10.6. Norway Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. SWOT Analysis
- 7.4.2. Asia Pacific Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.4.3. Japan
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Target Disease Prevalence
- 7.4.3.3. Competitive Scenario
- 7.4.3.4. Regulatory Framework
- 7.4.3.5. Reimbursement Scenario
- 7.4.3.6. Japan Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.4.4. China
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. Target Disease Prevalence
- 7.4.4.3. Competitive Scenario
- 7.4.4.4. Regulatory Framework
- 7.4.4.5. Reimbursement Scenario
- 7.4.4.6. China Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.4.5. India
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. Target Disease Prevalence
- 7.4.5.3. Competitive Scenario
- 7.4.5.4. Regulatory Framework
- 7.4.5.5. Reimbursement Scenario
- 7.4.5.6. India Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Target Disease Prevalence
- 7.4.6.3. Competitive Scenario
- 7.4.6.4. Regulatory Framework
- 7.4.6.5. Reimbursement Scenario
- 7.4.6.6. Australia Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.4.7. Thailand
- 7.4.7.1. Key Country Dynamics
- 7.4.7.2. Target Disease Prevalence
- 7.4.7.3. Competitive Scenario
- 7.4.7.4. Regulatory Framework
- 7.4.7.5. Reimbursement Scenario
- 7.4.7.6. Thailand Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.4.8. South Korea
- 7.4.8.1. Key Country Dynamics
- 7.4.8.2. Target Disease Prevalence
- 7.4.8.3. Competitive Scenario
- 7.4.8.4. Regulatory Framework
- 7.4.8.5. Reimbursement Scenario
- 7.4.8.6. South Korea Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. SWOT Analysis
- 7.5.2. Latin America Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.5.3. Brazil
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Target Disease Prevalence
- 7.5.3.3. Competitive Scenario
- 7.5.3.4. Regulatory Framework
- 7.5.3.5. Reimbursement Scenario
- 7.5.3.6. Brazil Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.5.4. Mexico
- 7.5.4.1. Key Country Dynamics
- 7.5.4.2. Target Disease Prevalence
- 7.5.4.3. Competitive Scenario
- 7.5.4.4. Regulatory Framework
- 7.5.4.5. Reimbursement Scenario
- 7.5.4.6. Mexico Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.5.5. Argentina
- 7.5.5.1. Key Country Dynamics
- 7.5.5.2. Target Disease Prevalence
- 7.5.5.3. Competitive Scenario
- 7.5.5.4. Regulatory Framework
- 7.5.5.5. Reimbursement Scenario
- 7.5.5.6. Argentina Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.6. MEA
- 7.6.1. SWOT Analysis
- 7.6.2. MEA Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.6.3. South Africa
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Target Disease Prevalence
- 7.6.3.3. Competitive Scenario
- 7.6.3.4. Regulatory Framework
- 7.6.3.5. Reimbursement Scenario
- 7.6.3.6. South Africa Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.6.4. Saudi Arabia
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Target Disease Prevalence
- 7.6.4.3. Competitive Scenario
- 7.6.4.4. Regulatory Framework
- 7.6.4.5. Reimbursement Scenario
- 7.6.4.6. Saudi Arabia Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.6.5. UAE
- 7.6.5.1. Key Country Dynamics
- 7.6.5.2. Target Disease Prevalence
- 7.6.5.3. Competitive Scenario
- 7.6.5.4. Regulatory Framework
- 7.6.5.5. Reimbursement Scenario
- 7.6.5.6. UAE Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
- 7.6.6. Kuwait
- 7.6.6.1. Key Country Dynamics
- 7.6.6.2. Target Disease Prevalence
- 7.6.6.3. Competitive Scenario
- 7.6.6.4. Regulatory Framework
- 7.6.6.5. Reimbursement Scenario
- 7.6.6.6. Kuwait Epigenetics Diagnostics Market, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Strategy Mapping
- 8.3. Company Market Share Analysis, 2022
- 8.4. Company Profiles/Listing
- 8.4.1. Roche Diagnostics
- 8.4.1.1. Company overview
- 8.4.1.2. Financial performance
- 8.4.1.3. Type benchmarking
- 8.4.1.4. Strategic initiatives
- 8.4.2. Thermo Fisher Scientific, Inc.
- 8.4.2.1. Company overview
- 8.4.2.2. Financial performance
- 8.4.2.3. Type benchmarking
- 8.4.2.4. Strategic initiatives
- 8.4.3. Eisai Co. Ltd.
- 8.4.3.1. Company overview
- 8.4.3.2. Financial performance
- 8.4.3.3. Type benchmarking
- 8.4.3.4. Strategic initiatives
- 8.4.4. Novartis AG
- 8.4.4.1. Company overview
- 8.4.4.2. Financial performance
- 8.4.4.3. Type benchmarking
- 8.4.4.4. Strategic initiatives
- 8.4.5. Element Biosciences, Inc.
- 8.4.5.1. Company overview
- 8.4.5.2. Financial performance
- 8.4.5.3. Type benchmarking
- 8.4.5.4. Strategic initiatives
- 8.4.6. Dovetail Genomics LLC.
- 8.4.6.1. Company overview
- 8.4.6.2. Financial performance
- 8.4.6.3. Type benchmarking
- 8.4.6.4. Strategic initiatives
- 8.4.7. Illumina, Inc.
- 8.4.7.1. Company overview
- 8.4.7.2. Financial performance
- 8.4.7.3. Type benchmarking
- 8.4.7.4. Strategic initiatives
- 8.4.8. ValiRx Plc.
- 8.4.8.1. Company overview
- 8.4.8.2. Financial performance
- 8.4.8.3. Type benchmarking
- 8.4.8.4. Strategic initiatives
- 8.4.9. Abcam plc.
- 8.4.9.1. Company overview
- 8.4.9.2. Financial performance
- 8.4.9.3. Type benchmarking
- 8.4.9.4. Strategic initiatives