Global Epigenetics Drugs and Diagnostic Technologies Market is anticipated to grow at a significant CAGR during the forecast period. Epigenetics drugs and diagnostics technologies are used in the screening of early-stage cancer and other abnormal changes in brain cells, liver cells and skin cells among others. It is caused by different factors includes lifestyle changes along with environmental exposures. The factor such as increasing incidence of cancer with epigenetic modification base is anticipated to drive the market growth. Moreover, the presence of a large number of products under clinical trials and their commercialization is fuelling the market growth during the forecast period. For instance, Eli Lilly’s Ramucirumab approved by the Food and Drug Administration (FDA) to be utilized in combination with Folfiri for the diagnosis and treatment of metastatic cancer.
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Moreover, diagnostics firms are mainly focused on developing new treatments includes antibodies specific for the detection of epigenetic modifications and improved kits for the detection of biomarkers. Thus, it is likely to encourage healthcare and pharmaceutical firms to partner for the introduction of new and advanced treatment that will further boost theepigenetics drugs and diagnostic technologies market growth. Additionally, the development of advanced technological products is mostly focused on the detection of methylation markers associated with cancer development. For instance, epigenomics developed Epi prolong BL Reflex Assay that enables in lung cancer diagnosis by determining methylation of SHOX2 biomarker gene. Furthermore, the rising aging population and increasing oncology and non-oncology disorders are expected to drive the market growth. As well as, the large prevalence of cancer with the advancement in screening techniques is boosting the epigenetics drugs and diagnostic technologies market growth. However, problems associated with quality are the restraining factor for the market.
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Market Segmentation
Global Epigenetics Drugs and Diagnostic Technologies Market by Type
- Histone Deacetylase (HDAC) Inhibitors
- DNA Methyltransferase (DNMT) Inhibitors
Global Epigenetics Drugs and Diagnostic Technologies Market by Product
- Reagents
- Kits
- Instruments
- Enzymes
- Services
Global Epigenetics Drugs and Diagnostic Technologies Market by Application
- Cancer Disease
- Inflammatory Diseases
- Infectious Diseases
- Cardiovascular Diseases
- Metabolic Diseases
- Other
Regional Analysis
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
Company Profiles
- 4SC AG
- AbbVie, Inc.
- Abcam plc
- Aurobindo Pharma USA, Inc.
- Celgene Corp.
- CellCentric, Ltd.
- Celleron Therapeutics, Ltd.
- Eisai, Inc.
- EpiGentek Group, Inc.
- Epizyme, Inc.
- Illumina, Inc.
- MDxHealth SA
- Merck KGaA
- Novartis AG
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
