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Kenneth Research recently added a report on Transfection Reagents and Equipment Market in its database of market research reports which provides its readers an in-depth analysis on the latest trends, growth opportunities and growth drivers that are associated with the growth of the market. The report additionally shares critical insights on the COVID-19 impacts on the Transfection Reagents and Equipment Market along with the compound growth rate (CAGR) of the market for a projected period between 2022 and 2031. The report also includes analysis of the market by utilizing different analytical tools, such as PESTEL analysis and Porter's five forces analysis. These tools also provide an in-depth analysis on the micro and macro-environmental factors that are associated with the growth of the market during the forecast period.
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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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