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Kenneth Research, in its repository of market research reports, has recently added a report on Transfection Reagents and Equipment Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The Transfection Reagents and Equipment Marketis anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
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The global Transfection Reagents and Equipment Market was valued at USD 715.34 million in 2016 and is projected to reach USD 1636.46 million by 2025, growing at a CAGR of 7.43% from 2017 to 2025.
Transfection reagents are a part of novel biotechnology techniques. There is high demand of transfection solutions for efficient delivery of DNA, siRNA, oligos, and RNA into adherent and suspension cells, including hard-to-transfect cells. The market is thus expected to grow during the forecast period.
Market Dynamics:
1. Market Drivers
1.1 Technological Advancements in Transfection Technology
1.2 Global Alliances Among Leading Research Institutes to Trigger Drug Discovery
1.3 Increase in R&D Spending and Research Activities By Pharmaceutical and Biotech Companies
1.4 Growing Research Activities in Cell Science
1.5 Increase in Demand for Synthetic Genes
1.6 Rising Incidence of Cancer Worldwide
2. Market Restraints
2.1 Selective Effectiveness of Transfection Reagents
2.2 Home Brew Reagents Restrict Sale of Commercial Kits
2.3 High Reagent Cost
Market Segmentation:
1. Global Transfection Reagents and EquipmentMarket, by End User:
1.1 Academics & Research Institutes
1.2 Pharmaceutical & Biotechnology Companies
2. Global Transfection Reagents and EquipmentMarket, by Application:
2.1 Biomedical Research
2.1.1 Gene Expression Studies
2.1.2 Cancer Research
2.1.3 Transgenic Models
2.2 Protein Production
2.3 Therapeutic Delivery
3. Global Transfection Reagents and Equipment Market, by Product:
3.1 Reagents
3.2 Equipment
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4. Global Transfection Reagents and Equipment Market, by Method:
4.1 Biochemical Methods
4.1.1 Lipofection
4.1.2 Calcium Phosphate
4.1.3 DEAE-Dextran
4.1.4 Dendrimers
4.2 Physical Methods
4.2.1 Electroporation
4.2.2 Nucleofection
4.2.3 Others
4.3 Viral Methods
4.3.1 Adenoviruses
4.3.2 Retroviruses
4.3.3 Adeno associated Viruses
5. Global Transfection Reagents and Equipment Market, by Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Thermo Fisher Scientific Inc. (Life Technologies)
2. Promega Corporation
3. Qiagen N.V.
4. F. Hoffmann-La Roche Ltd
5. Bio–Rad Laboratories, Inc.
6. Maxcyte, Inc.
7. Lonza Group Ltd.
8. Merck KGaA
9. Polyplus-Transfection Sa (Subsidary of Archimed)
10. Mirus Bio LLC.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Transfection Reagents and EquipmentMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the research methodology of verified market research and other aspects of the research study, kindly get in touch with our sales team.
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Kenneth Research provides scheduled syndicated reports that help industry professionals and organizations decipher market trends to take significant decisions and plan strategies. We cater to a wide range of industries including healthcare & pharmaceuticals, ICT & telecom, automotive & transportation, energy & power, chemicals, FMCG & food, aerospace & defense, among others. Our research team ensures to track and analyze the industry on a regular basis to offer strategic business consultancy services on a global level. We, at Kenneth Research, are adept at capturing descriptive insights on crucial topics to help our clients make their informed decisions.
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