Surge in DNA Sequencing Boosts Epigenetics Market to $4.7 Billion by 2031

Surge in DNA Sequencing Boosts Epigenetics Market to $4.7 Billion by 2031

“Epigenetics Market”
Epigenetics Market size was valued at USD 1.6 billion in 2023 to USD 4.7 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

Epigenetics Market size was valued at USD 1.6 billion in 2023 to USD 4.7 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031). The demand for epigenetics market is increasing exponentially due to the vital part epigenetics play in analysing gene regulation apart from DNA sequencing. It also helps in researching about various diseases and advancing personalized medicines. The market leaders and startups operating in this sector are cumulatively investing for advancing the epigenetic domain. Epigenetics refers to the investigation of transformations in heritable phenotype that happens without any changes to the DNA sequencing.

The growing application of epigenetics is also boosting the growth of the market. Moreover, increasing cardiovascular diseases, cancer, and genetic disorders along with improved research and development activities in DND sequencing are supporting the market growth. Furthermore, the growing aging population in various nations is positively influencing the development of the epigenetics market. Epigenetics drugs are utilized to prevent various enzymes like HDMs, HMTs, DNMTs, HATs, and HDACs, in epigenetic disorders. They can efficiently function with other therapies, like immunotherapy or chemotherapy. The growing incidences of cancer along with the rising emphasis of market leaders to treat cancer and other diseases, the market will continuously witness significant growth.

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Increasing Research and Development to Improve Drug Discovery

Recently, the epigenetic modifications are gaining recognition as it is prooving to be extremely useful targets for drug discovery, which is propelling the market growth. Pharmaceutical companies have started heavily investing in epigenetic research for developing advanced therapies. In cancer treatment, drugs like Azacitidine and Decitabine, which target DNA methylation, have bought immense evolution in the therapy options, highlighting the capability of the market. Furthermore, constant research into epigenetic therapies that can be used for neurological disorders and autoimmune diseases is also further progressing and advancing the market.

Growing Personalized Medicine and Drug Development to Develop Precise Treatment for Cancer

The profiling of epigenetic helps personalized medicine to customize treatments according to the patient’s unique epigenetic profile. This method is extremely vital in advancing targeted therapies and drug discovery. This is boosting the adoption of epigenetic technologies by pharmaceutical and biotechnology firms. In oncology, epigenetic markers are helping in the development of accurate cancer treatments, enhancing the efficiency and patient outcomes. This growing emphasis on personalized therapies is immensely contributing to the growth of epigenetics market.

In December 2023, BioLabs extended their joint venture with Promega. This joint initiavtive will help in increasing the speed of life sciences innovation worldwide by supporting early-stage startups.

In November 2023, QIAGEN strategically collaborated with Element Biosciences, Inc. This will help them in offering a wide range of NGS workflows for the advanced Element AVITI System.

In October 2023, Zenith Epigenetics Ltd. engaged into an agreement with Cencora for commercializing the ZEN-3694 program. It is an advanced process for improving the efficieny of treating cancer of presently marketed drugs.

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This Market Consist of the Following Segments

Product Type

Reagents

Kits

Instruments

Enzymes

Technology

DNA Methylation

Histone Methylation

Histone Acetylation

 MicroRNA Modification

Other Epigenetic Modifications

Application

Oncology

Cardiovascular Diseases

Metabolic Diseases

Neurological Disorders

Immunology

Top Player’s Company Profiles

AbbVie Inc.

AstraZeneca PLC

Bayer AG

BeiGene Ltd.

Bristol Myers Squibb Company

Epizyme, Inc.

GlaxoSmithKline PLC

Incyte Corporation

Johnson & Johnson

Merck & Co., Inc.

Novartis AG

Pfizer Inc.

Regeneron Pharmaceuticals, Inc.

Roche Holding AG

Seattle Genetics, Inc.

Takeda Pharmaceutical Company Limited

Targovax, Inc.

Vertex Pharmaceuticals Incorporated

Vivid Biosciences Inc.

Zymeworks Inc.

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Incorporation of Epigenetics with Omics Technologies to Better Understand Biological Systems

The incorporation of epigenetics with other omics technologies, like genomics and proteomics, improves the understanding of biological systems. This is increasing the demand for multi-omics platforms, boosting the market growth. Furthermore, by combining epigenetic data with genomic and transcriptomic data helps the researchers to analyze the complex gene regulatory networks. This helps in better understanding the diseases and drug development, further progressing the market forward.

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