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Navigating the Epigenetics Frontier: Market Insights and Opportunities

Introduction:

In the ever-evolving landscape of genomics, epigenetics has emerged as a key player, reshaping our understanding of gene expression and heredity. This article delves into the intricacies of the epigenetics market, exploring the current trends, breakthrough technologies, and promising opportunities that define this dynamic field.

Global Epigenetics Market is estimated to grow from USD 8.13 billion in 2022 to USD 23.52 billion by 2028 at a CAGR of 19.16% during the forecast period.

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What is Epigenetics?

Epigenetics refers to a stream of genetics that involves the study of physiological and cellular trait variations initiated by external or ecological aspects, which turns genes on and off and affects the cellular ability to read the genes without being impacted by changes in genotype. It results in changes in the phenotype of an organism rather than the genotype, where the underlying RNA or DNA sequence remains unchanged. Epigenetic alterations are vital for development as they are dynamic and change as per the surrounding environment stimuli.

Key Players

Key players operating in the global epigenetics market are-

Merck Sharp & Dohme Corp (The US),

Qiagen (Germany),

F. Hoffmann-La Roche Ltd. (Switzerland),

Eisai Co., Ltd. (Japan),

Novartis AG (Switzerland),

Abcam plc (UK),

Diagenode Diagnostics (Belgium),

Active Motif (The US),

Zymo Research Corporation (The US), and

CellCentric (UK).

Illumina, Inc. (The US),

Market Dynamics

The growing prevalence of cancer and other chronic diseases coupled with the increasing aging population is expected to bolster the product demand.

The increasing need to understand epigenetic modifications at the molecular level and the advancement of therapeutic solutions are likely to encourage government organizations to fund R&D programs, further bolstering market growth.

Furthermore, various initiatives such as the Epidemiology and Genomics Research Program (EGRP) provide incentives to research activities for product innovation that are working towards an understanding of cancer causes and their related outcomes.