Transfection Technologies Market: Current Analysis and Forecast (2022-2028)

Report Description

The global transfection technologies market is expected to grow at a significant rate of around 8% during the forecast period. An approach to introducing exogenous nucleic acids like RNA, DNA, or oligonucleotides into cells is known as transfection. This technique is frequently used in genomic research, but it can also be used for bio-production or medicinal purposes. In addition, cell research is the major key factor for the transfection technologies market as more than 60% of the users are from academic institutions and researchers. Research in gene transfer is being performed in in-vivo conditions for various therapeutic applications, there is high demand for new & advanced technologies to match the needs for therapeutic delivery which will drive the market growth during the forecast period.

Moreover, the rising mortality rates and hospital admissions are primarily due to the spread of chronic diseases and viral infections. People are becoming more prone to such diseases as immunity decreases. For instance, according to the Centers for Disease Control and Prevention (CDC), six in ten adults in the U.S. have chronic diseases and four in ten adults have two or more.

Lonza Group Ltd., Thermo Fisher Scientific Inc., Bio-Rad Laboratories Inc., Roche, QIAGEN, Mirus Bio LLC, SignaGen Laboratories, Genlantis Inc., OZ Biosciences, and Promega Corporation are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst product type, reagent category to witness robust CAGR during the forecast period”

Based on product type, the market is segmented into reagents, instruments, and others. The reagent category is to witness a higher CAGR during the forecast period owing to the growing adoption of reagent-based methods. In comparison to the traditionally used techniques, reagent-based transfection is less complicated to administer and more cost-effective. Furthermore, product development and its less complicated methods are involved during the transfection. For Instance, in 2022, Polypus, a provider of transfection reagents acquired e-Zyvec, a France-based provider of DNA design and production services for custom-made DNA vectors to expand their expertise in plasmid DNA vector engineering.

“Amongst technology, the viral-vector-based transfection to hold a significant share in the market in 2021”

On the basis of technology, the market is categorized into physical transfection, biochemical-based transfection, and viral-vector-based transfection. Among these, the viral-vector-based transfection to hold a significant share in the market in 2021. This is mainly due to the high preciseness of the viral vector as compared to gene transduction as virus-mediated transfection makes use of a viral vector to deliver DNA and RNA into the cells. Moreover, viral vector in transduction extends the advantages of easy permeability in cells that are quite rigid to bisect making it easy to accomplish transgene countenance in vivo.

“North America to hold a significant share in the market”

For a better understanding of the market adoption of the transfection technologies market, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is anticipated to grow at a substantial CAGR during the forecast period owing to the presence of leading pharmaceutical companies and cutting-edge research labs that regularly contribute to research and development. States in North America are compelled to spend an incalculable amount of money developing cutting-edge treatments due to their full-fledged economies. Additionally, this sector’s dominance in the transfection technologies market is primarily attributable to the rising rates of obesity and breast cancer in the United States. For instance, according to the Centers for Disease Control and Prevention (CDC), the obesity prevalence was 39.8% among adults aged 20 to 39 years, 44.3% among adults aged 40 to 59 years, and 41.5% among adults aged 60 and older.

Reasons to buy this report:

• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:

The global transfection technologies market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect us to get a report that completely suits your requirements.

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Research Methodology

Research Methodology for the Transfection Technologies Market Analysis (2022-2028)

Analyzing the historical market, estimating the current market, and forecasting the future market of the global transfection technologies market were the three major steps undertaken to create and analyze the adoption of the transfection technologies market in major regions globally. Exhaustive secondary research was conducted to collect the historical market figures and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global transfection technologies market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the Transfection technologies market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the transfection technologies market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as product type, application, technology, and end-user. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the transfection technologies market. Further, we conducted factor analysis using dependent and independent variables such as various product type, application, technology, and end-users of transfection technologies. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the transfection technologies market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global transfection technologies market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast for 2028 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

• The industry’s market size, in terms of revenue (USD) and the adoption rate of the transfection technologies market across the major markets domestically
• All percentage shares, splits, and breakdowns of market segments and sub-segments
• Key players in the global transfection technologies market in terms of products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Market Engineering

The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global transfection technologies market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of product type, application, technology, and end-user in the global transfection technologies market.

The main objective of the Global Transfection Technologies Market Study

The current & future market trends of the global transfection technologies market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

• Analyze the current and forecast market size of the transfection technologies market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
• Segments in the study include areas of product type, application, technology, and end-user.
• Define and analysis of the regulatory framework for the transfection technology industry.
• Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
• Analyze the current and forecast market size of the transfection technologies market for the major region.
• Major countries of regions studied in the report include Asia Pacific, Europe, North America, and the Rest of the World.
• Company profiles of the transfection technologies market and the growth strategies adopted by the market players to sustain in the fast-growing market
• Deep dive regional level analysis of the industry

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