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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
North America Gene Expression Market Size
North America gene expression market was valued at USD 2.03 billion in 2023, driven by the rapid advancement in the field of genomics in the region. The market is expected to grow at a CAGR of 8.5% during the forecast period of 2024-2032, with the values likely to rise from USD 2.21 billion in 2024 to USD 4.25 billion by 2032.
North America Gene Expression Market Report Snapshots
North America Gene Expression Market Size
North America Gene Expression Market Analysis
North America Gene Expression Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 2.03 billion in 2023 driven by the rapid advancement in the field of genomics in the region.
The market is anticipated to grow at a CAGR of 8.5% during the forecast period of 2024-2032, likely to reach a market value of USD 4.25 billion by 2032.
The rising prevalence of chronic diseases and the growing preference for precision medicine are fuelling the demand for the market.
One of the significant trends in the market is the rise in technological innovations in DNA sequencing and array-based technologies. In March 2023, Illumina Inc. announced the launch of Illumina Complete Long Read Prep, Human, the first-ever product that allows access to both long- and short-read data on the same Illumina instrument.
Based on the technology, the market is segmented into polymerase chain reaction, next-generation sequencing, microarrays, and northern blotting, among others.
By product type, the market is divided into instruments, reagents, and consumables, as well as services.
End users of the market are drug discovery and development, diagnostic laboratories, and academic research centers and others.
The market segmentation by countries includes the United States of America and Canada.
The key players in the market are Thermo Fisher Scientific Inc., GE Healthcare, QIAGEN N.V., Life Technologies, Agilent Technologies, PerkinElmer, Bio-Rad Laboratories, Roche Diagnostics, Oxford Gene Technology, and Luminex Corporation.
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