The global transfection reagents and equipment market accounted for 1793.0 Million in 2020 and is estimated to be US$ 931.3 Million by 2029 and is anticipated to register a CAGR of 7.5%.

The report Global Transfection Reagent and Equipment Market, By Product (Reagents and Equipment), By Method (Biochemical Methods, Physical Methods, and Viral Methods), By Application (Biomedical Research, Gene Expression Studies, Cancer Research, Transgenic Models, Protein Production, and Therapeutic Delivery), By End User (Academics & Research Institutes and Pharmaceutical & Biotechnology Companies), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) Trends, Analysis and Forecast till 2029.

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Key Highlights:

In July 2020, Polyplus-transfection(R) SA, the leading biotechnology company that supports the gene and cell therapy market by supplying innovative transfection solutions, announced the launch of the industrys first GMP-compliant residual test for its PEIpro (R) product portfolio, transfection reagents designed for process development, pre-clinical, clinical and commercial lentivirus and adeno-associated virus (AAV) production for cell & gene therapies.In March 2020, Thermo Fisher, the largest maker of scientific tools, announced its plan to produce up to 5 million of a new test to detect the novel coronavirus that causes Covid-19.Analyst View:

Large number of application along with fast results

The cells which are transiently transfected takes around 24 96 hours post transfection and the mRNA is expressed within minutes after transfection that means it takes very less time to show the results. The main application of transfection reagent and equipment is used in studying the effect of gene expression, gene products, gene silencing and largely producing recombinant proteins. Highly increasing application like gene expression studies, protein production, transgenic models, therapeutic delivery, cancer research and biomedical research is expected to foster the transfection reagents and equipment market. Transfection of mammalian cells is mostly effective in the production of recombinant protein with proper folding and post-translational modification.

Technological advancements in transfection technology

The transfection reagents and equipment market has seen diverse technological achievements in equipment as well as reagents, to address the demands of biotechnology and researchers and biopharmaceutical associations. Increasing demand of synthetic genes, R & D investment and research activities, emerging economics drives the target market. For instance, in July 2020, Poly plus-transfection(R) SA, the leading biotechnology company that supports the gene and cell therapy market by supplying innovative transfection solutions, announced the launch of the industrys first GMP-compliant residual test for its PEIpro (R) product portfolio, transfection reagents designed for process development, pre-clinical, clinical and commercial lentivirus and adeno-associated virus (AAV) production for cell & gene therapies. Transfection promotes the process of introducing genetic material into eukaryotic cell to enable the production or expression of proteins using cells machinery.

Key Market Insights from the report:

The global transfection reagents and equipment market accounted for 1793.0 Million in 2020 and is estimated to be US$ 931.3 Million by 2029 and is anticipated to register a CAGR of 7.5%. The market report has been segmented on the basis of product, method, application, end user, and region.

Depending upon product, the reagents segment is projected to grow at highest CAGR over the forecast period. The reagents provide a well-structured overview of significant innovations, discoveries coupled with the technological advancements that occur in the global industry.Depending upon the method, the biochemical segment is projected to register highest share of the market in 2019. Biochemical segment has various applications in cell research, target validation and drug discovery, and technological advances such as synthetic genes, whose demand has been growing, thus anticipated to contribute to the growth of the market.In terms of application, cancer research projected to witness highest CAGR over the forecast period.By end-user, pharmaceutical & biotechnology companies segment estimated for highest share in 2019 due to strategic framework to boost the growth journey, actionable results to meet all the business priorities.By region, North America region contributes to the largest share in the global transfection reagents and equipment market due to due to rising prevalence of various cancers such as cervical cancer, breast cancer, colon cancer and prostate cancer. Further, the government of North America is highly increasing their investments in the biological research, genomics research and in the production of therapeutic proteins, which in turn boosts growth of the target market in this region.

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Competitive Landscape:

The prominent player operating in the global transfection reagents and equipment market includes Thermo Fisher Scientific, Promega Corporation, Lonza, QIAGEN, F. Hoffmann-La Roche Ltd., and Bio-Rad Laboratories, Merck KGaA, OriGene Technologies, MaxCyte, Polyplus-transfection SA.

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Global Transfection Reagent and Equipment Market: In-Depth Market Research and Trends Analysis till 2030 KSU | The Sentinel Newspaper - KSU | The...