The global transfection reagents & equipment market size is expected to reach USD 1.4 billion by 2025, expanding at a CAGR of 7.7%, according to a new report by Grand View Research, Inc. The latest polymeric formulations-based compounds are gentle to cells as compared to cationic liposomes and these products render higher gene-delivery efficiency, further promoting the development of unique transfection products in the market.
Moreover, multi-component reagents such as X-tremeGENE provided by F. Hoffmann-La Roche AG, deliver high efficiency and minimal cytotoxicity than traditional ones comprising only one-component formulations. Thus, companies are keen on offering cutting-edge transfection solutions, in turn, offering significant momentum to market growth.
The gene expression studies segment dominated the market and account for the largest revenue share in 2019. This is attributed to the rising focus on the translation of genomic information in clinics. In addition, an increasing number of research projects related to the identification of chromosomal anomalies is anticipated to propel segment growth.
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Transfection Reagents & Equipment Market Report Highlights
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Transfection Reagents & Equipment Market Segmentation
Grand View Research has segmented the global transfection reagents and equipment market on the basis of product, method, application, and region:
Transfection Reagents & Equipment Product Outlook (Revenue, USD Million, 2014 – 2025)
Transfection Reagents & Equipment Method Outlook (Revenue, USD Million, 2014 – 2025)
Transfection Reagents & Equipment Application Outlook (Revenue, USD Million, 2014 – 2025)
Transfection Reagents & Equipment Regional Outlook (Revenue, USD Million, 2014 – 2025)
List of Key Players of Transfection Reagents & Equipment Market
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Grand View Research is a market research and consulting company registered in the State of California having its headquarters in San Francisco. The company offers syndicated research reports, customized research reports, and consulting services. With Grand View Research, you get an opportunity to understand market trends, insights, and business statistics from a strategic standpoint. With a deep-seated understanding of many business environments, Grand View Research offers business and market intelligence studies and accomplishes more than 300 multi-country market studies.
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