Transfection Technologies Market Size is Estimated to grow at a CAGR of 8.1% during the forecast period

Transfection Technologies Market Size is Estimated to grow at a CAGR of 8.1% during the forecast period

  • Transfection Technologies Market Value was estimated to be around USD 1.2 billion globally in 2022 and is expected to grow to USD 2.1 billion in 2030, with a compound annual growth rate (CAGR) of 8.1% from 2023 to 2030.
  • In molecular biology, transfection technologies are essential techniques that enable researchers to control gene expression and create new therapeutic approaches for hereditary illnesses and disorders. The market is increasing and sustainable since it is in line with the healthcare industry.
  • To accomplish transfection, biological techniques use cell-penetrating peptides or viral vectors. A wide range of applications in fundamental research, drug discovery, gene therapy, and vaccine development have been made possible by improvements in transfection technology, which have enhanced efficiency, specificity, and safety.

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GROWTH DRIVERS

  • The increasing incidence of long-term illnesses including cancer and heart problems highlights the need for novel therapeutic strategies. The development of gene-based therapeutics targeted at various health issues is greatly aided by the use of transfection technology.
  • The main causes of death, according to the NIH, are chronic illnesses such diabetes, cancer, stroke, heart disease, and chronic kidney disease. The need for transfection technologies is growing as gene therapy becomes more popular as a potential treatment for hereditary illnesses and disorders.
  • The emphasis on customized treatment plans based on each patient's unique genetic profile, since transfection techniques allow for accurate control over cellular functions and aid in the creation of individualized treatment plans.
  • The market for transfection technologies is being driven by the rise in research and development expenditures made by government agencies, academic institutions, and pharmaceutical businesses.

MARKET SEGMENTATION:

·?????????By Product–?kits, reagents and consumables, instruments and equipment

·?????????By Transfection Method Type-?Physical transfection (electroporation, gene gun, microinjection, sonication and others), biochemical transfection (lipofection, cationic lipid transfection, calcium phosphate transfection, magnet assisted transfection, dendrimer medicated transfection and others) and viral vector transfection

·?????????By Application –?Biomedical research?(cancer research, transgenic models, gene silencing, gene and protein expression models, cell-based microarrays), Therapeutic Delivery (biotherapeutics, electro chemotherapy and immunotherapy), protein production, virus production, stem cell reprogramming, cell-line generation and others

·?????????By End-User-?Hospitals and clinics, Pharmaceuticals and biotechnology companies, academic and research institutes, Contract research Organizations (CROs) and others

·?????????By Region-?North America, Europe, Asia Pacific, The Middle East and Africa, South America

Global Key Players:

·?????????Thermo Fisher Scientific

·?????????Merck KGaA

·?????????Agilent Technologies

·?????????Lonza Group

·?????????Promega Corporation

·?????????Bio-Rad Laboratories

·?????????Qiagen

·?????????Altogen Biosystems

·?????????TAKARA BIO INC.

·?????????Polyplus-transfection SA

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