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(MoneyNewsWire.Net, October 09, 2017 ) The Latin America Gene Expression Analysis Market was worth USD 0.45 Billion in 2016 and is projected to grow at a CAGR of 10.2%, to reach USD 0.74 Billion by 2021. The process through which a gene utilizes the information passed down to it to produce a functional product with the help of different RNAs is called gene expression. Depending upon the changes in the environment the cell has the ability to regulate the amount of protein produced.
This regulatory ability of a cell is very vital for a body to perform normally. Gene expression market analysis is the study of the process of gene expression. The amount of protein produced by a cell determines the extent to which a particular trait is expressed by the body. This study helps in understanding the changes in the gene expression when attacked by microorganisms and is useful in drug development.
Increasing priority for precision medicine, progress in application of gene therapy, increase in research on gene expression for drug development and improving healthcare are the major factors driving the growth of gene expression analysis market. Lack of technical competence and high cost of gene expression analysis instruments are hindering the growth of the market.
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The Latin America gene expression analysis market is segregated on the basis of Consumables, Technology, Applications, Services and region. On the basis of Consumables, the market is segregated into DNA chips and Reagents. On the basis of Technology, the market is segregated into Polymerase Chain Reaction (PCR), Next Generation Sequencing, DNA Microarray, Serial Analysis of Gene Expression and Northern Blotting. SAGE segment is expected to be the fastest growing segment as it is one of the latest techniques that help in analyzing thousands of DNA transcripts at a time. On the basis of Applications, the market is segregated into Research, Drug discovery, diagnostics and other applications. Research holds the largest market share in this segment. Drug discovery and diagnostics are rapidly growing segments owing to the increasing focus on precision medicine. On the basis of Services, the market is segregated into gene expression profiling and bioinformatics solutions. The gene expression profiling services is again segregated into sequencing services and other services. Gene expression profiling holds the largest market share due to the rising number of gene expression analysis tests.
On the basis of region, the Latin America gene expression analysis market is segregated into Brazil, Mexico, Argentina and rest of South America. Government investments to improve healthcare and the increasing popularity for gene sequencing are responsible for market growth in this region.
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Some of the key market players are Thermo Fisher Scientific, Inc., QIAGEN N.V., Life Technologies, GE Healthcare, Agilent Technologies, Roche, PerkinElmer, Affymetrix, Illumina, Inc., Bio-Rad Laboratories, Oxford Gene Technology, and Luminex Corporation.
Market Segmentation
1) Consumables
Introduction
DNA Chips
Reagents
Y-o-Y Growth Analysis, By Consumables
Market Attractiveness Analysis, By Consumables
Market Share Analysis, By Consumables
2) Technology
Introduction
Polymerase Chain Reaction (PCR)
DNA Microarray
Serial Analysis Of Gene Expression
Northern Blotting
Next-Generation Sequencing (NGS)
Cost and Speed Of NGS
Research Laboratories and Academicians Promoting NGS
Substitution Of Microarray Technology By NGS
Global Alliances Among Leading Research Institutes to Assist Drug Discovery and Increase the Demand for NGS
Y-o-Y Growth Analysis, By Technology
Market Attractiveness Analysis, By Technology
Market Share Analysis, By Technology
3) Applications
Introduction
Research
Diagnostics
Drug Discovery
Other Applications
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
4) Services
Introduction
Gene Expression Profiling Services
Sequencing Services
Other Services
Bioinformatics Solutions
Y-o-Y Growth Analysis, By Services
Market Attractiveness Analysis, By Services
Market Share Analysis, By Services
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Reasons to buy Latin America Gene Expression Analysis Market Research Report:
Regional, and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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