DNA modifications are covalent modifications of the DNA bases. DNA modification technique is used in human health, nutrition, agriculture development of drugs as well as in cancer research. Increased prevalence of genetic and chronic diseases are fueling the demand for market growth during the forecast period.
Due to increase in number of cancer cases, demand for DNA modifying agent for cancer therapeutic which lead to the growth of DNA modifying agents market. Researchers are focused on the genetically modified organism and plant for human health, nutrition and agriculture.
These will stimulate the growth of the global DNA modification agents market over the forecast period. Additionally, pharmaceutical companies that focus on product development using genetically modified organisms for a variety of diseases treatment will accelerate the market growth of DNA modifying agents over the forecast period.
Application of DNA modification in cancer research, epigenetics study, and mutagenesis study will increase the demand for DNA modifying agents as they are used in the modification of DNA base pair. DNA modifying agents are used in chemotherapeutic cancer treatments.
Additionally, rapidly developing biopharmaceuticals and technological advancements will also drive the growth of the global DNA modifying agents market. Besides, the government provide funding’s to leading cancer research institutes in developed countries will drive the DNA modifying agents market.
Moreover, leading pharmaceutical and biotechnology companies’ increase spending on production of DNA modifying agents for cancer therapeutic will fuel the growth of DNA modifying agents market. However, as genetic modification techniques are the costly molecular procedure due to high-cost reagent and equipment’s, it can restrain the growth of the market to some extent in the future.
In some low-income countries, lack of availability of skilled molecular technicians can also lead to low usage of DNA modifying agents. Additionally, the cytotoxic effect associated with DNA modification agent and side effects during chemotherapy will also slow down the DNA modifying agents market.
The growth of DNA modifying agents market will increase due to increase in application of DNA modification in gene therapy. Global DNA modifying agents market is expected to grow with significant growth rate over the forecast period with growing research and development activities.
Based on product type, DNA modifying agents market is segmented into Intercalators, Cross-linkers, Strand Cleavers, and Enzymes. Based on by application, DNA modifying agents market is segmented into genomic research, drug development, gene therapy and cancer research.
North America dominated the DNA modifying agents market due to established research infrastructure and rising interest in research activities. Both U.S and Canada have shown high growth in DNA modifying agents market due to well established infrastructure and government supported funding policies.
In terms of growth, Asia Pacific is anticipated to be the fastest growing DNA modifying agents market over the forecast period due to increasing initiative in academic research and pharmaceutical companies conduct clinical trials for cancer in these regions.
Some of the key players present in global DNA modifying agents market are Thermo Fisher Scientific, Promega Corporation, Merck KGaA, Takara Bio Inc, Bio-Rad Laboratories, Inc., Gene Link, New England Biolabs, NZYTech, Aldevron, Lucigen, EpiGentek Group Inc.
These companies are competing on the basis of emerging trend to introduce innovative products & technologies to gain significant market share and competitive advantage in the global DNA modifying agents market.
The report on DNA modifying agents market is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Based on by product type, DNA modifying agents market is segmented into following:
Based on by application, DNA modifying agents market is segmented into following:
Based on by end user type, DNA modifying agents market is segmented into following:
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DNA modifying agents Market
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