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North America Transfection Reagents And Equipment Market

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North America Transfection Reagents and Equipment market size was approximately USD 214.62 million in 2016. It is estimated to grow at a CAGR of 7.6 % to reach USD 309.55 million by 2021
North America Transfection Reagents And Equipment Market Analysis &
Forecast with Upcoming Trends
The North America Transfection Reagents and Equipment market size was approximately
USD 214.62 million in 2016. It is estimated to grow at a CAGR of 7.6 % to reach USD
309.55 million by 2021. It is the largest market globally capturing a market share of 30%.
Process which involve the insertion of genetic material, for example, DNA and RNA (double
stranded), into mammalian cells is called as transfection. Substances containing the genetic
material are called transfection reagents and the equipment is usually used as a delivery
mechanism.
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Technological advancements occurring in the transfection reagents and equipment market
in the recent years has addressed the needs of researchers along with biotechnology &
biopharmaceutical companies. High efficiency transfection instruments have entered the
market because of these advancements. Further, efficient quantitative and qualitative
transfection in a wide range of cells, encompassing the hard-to-transfect cells are also the
result of the technological advances.
Alliances worldwide between the pioneering research institutes to trigger drug discovery,
technological advancements in transfections, research activities by pharmaceutical and
biotechnology companies coupled with augmented research and development spending,
increasing number of cases of cancer and rise in demand for synthetic genes are driving the
growth of this market.
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Home brew reagents by researchers, selective effectiveness of transfection reagents as
well as the hefty costs of transfection reagents are the primary factors expected to slow
down the growth of this market.
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Market Segmentation
Product
Reagents
Instruments
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Gimmick
Biochemical
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Calcium 2 Phosphate
Lipofection
Advantages
Disadvantages
Calcium Phosphate
Advantages
Disadvantages
DEAE-dextran
Advantages
Disadvantages
Dendrimers
Advantages
Disadvantages
Physical
Electroporation
Advantages
Disadvantages
Nucleofection
Advantages
Disadvantages
.Others
Sonoporation
Genegun
Advantages
Disadvantages
Magnetofection
Advantages
Disadvantages
End User
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
The North America Transfection Reagents and Equipment market can be categorized into
four categories: by product, by gimmick, by application and by end user. On the basis of
product, Transfection Reagents and Equipment market is classified into Reagents and
Instruments. In 2016, the reagents category is projected to account for the biggest market
share. Although, the instruments market is probably grow at the highest CAGR during the
aforementioned forecast period. If we go by gimmick, Transfection Reagents and
Equipment market is segmented into Biochemical, Calcium Phosphate, Lipofection, DEAEdextran, Dendrimers, Physical, Electroporation, Nucleofection, Others and Viral. In 2016,
the biochemical category is projected to command the largest market share, whereas the
viral category is estimated to grow at the highest CAGR during the aforementioned forecast
period. Further, on the basis of application the market can be categorized into Biomedical
Research, Gene Expression Studies, Cancer Research, Transgenic Model, Protein
Production and Therapeutic Delivery. In 2016, the biomedical research category is likely to
command the largest market share. Last but not the least, on the basis of end user the
market is segmented into Academic & Research Institutes and Pharmaceutical &
Biotechnology Companies. In 2016, the academic & research institutes category is likely to
command the largest market share. Although, the pharmaceutical & biotechnologies
category is estimated to grow at the highest CAGR during the aforementioned forecast
period.
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By geography, the North America Transfection Reagents and Equipment market has been
categorized into US and Canada. Presently, North America accounts for the largest market
share. US is the leading market in North America.
Major companies in the Transfection Reagents and Equipment market are Thermo Fisher
Scientific Inc. (U.S.), Promega Corporation (U.S.), Hoffmann-La Roche Ltd. (Switzerland),
and QIAGEN N.V. (Netherlands). These companies hold a leading position in the
transfection reagent and equipment market because of their well-established presence in
the fields of genomics, spanning fifty countries, heavy R&D investments, and strong sales
as well as distribution force. Other players in the market include Polyplus-transfection SA
(France), Bio-Rad Laboratories (U.S.), Lonza Group (Switzerland), Sigma-Aldrich
Corporation (U.S.), Mirus Bio LLC (U.S.), and MaxCyte Inc. (U.S.).
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