Transfection Reagent & Equipment Market, Sector / Industry Report & Analysis, 2014-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Transfection Reagent & Equipment Market


The global transfection reagent & equipment market size was valued at USD 706.26 million in 2016. It is expected to expand at a CAGR of 7.4% during the forecast period. Development in the field of recombinant technology & proteomics and growing usage of transfection technology by academic researchers are some of the key trends stoking market growth. Introduction of novel reagents to expand transfection usage across various applications is also anticipated to provide an upthrust to the market.
 
Transfection plays a pivotal role in biomanufacturing by facilitating investigative analysis and bio-authenticity studies for biopharmaceuticals’ regulatory approvals. Hence, with growing popularity of biopharmaceuticals, this technology is likely to witness phenomenal growth in terms of demand as well as sales.
Furthermore, in recent times, the biopharmaceutical industry has witnessed a major patent cliff as several blockbuster biologics are facing patent expiration. Consequently, several companies have begun investing in production of biosimilar alternatives to off-patent biologics to overcome the threat of revenue loss. Hence, this patent cliff threat has significantly benefitted the market by spurring the adoption rate of transfection technology.
Technological advancements pertaining to introduction of advanced techniques for stable and transient transfection with negligible off-target effects are projected to aurgur well for the market during the forecast period. For example, Life Technologies has launched Lipofectamine, lipid-based formulations for nucleic acid delivery, which enhances cell viability and reproducibility during transfection process of hard to transfect cell lines by virtue of optimization in different steps of transfection.
Furthermore, gradual emergence of nanoscience and its widespread application in biomedical research is poised to support the growth of the market. For instance, ongoing developments in drug delivery systems using nanoparticles are estimated to positively impact the market.

Market Segmentation, Outlook & Viewpoint: Global Transfection Reagent & Equipment Market


Product Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2022)

Reagents

Equipment


Method Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2022)

Electroporation

Liposomes

Particle Bombardment

Microinjection

Adenoviral Vectors

Direct Microinjection

Calcium phosphate

DEAE - dextran

Magnetic Beads

Activated Dendrimers

Laserfection


Application Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2022)

Gene Expression Studies

Protein Production

Transgenic Models

Therapeutic Delivery

Cancer Research

Biomedical Research


Key Players, Recent Developments & Regional Insights: Global Transfection Reagent & Equipment Market


Reagents used for transfection majorly include stem cell transfection kits, siRNA transfection kits, transfection buffers, and transfection optimization kits. Different methods of transfection involve use of different reagents, thus generating substantial revenue in the segment.
The reagents segment dominated the market in terms of revenue. This segment is projected to gain significant share over the forecast period owing to increasing commercial adoption rates of these reagents.
Transfection equipment includes electroporation and electro fusion systems. Rapidly growing volume of genomics-based R&D initiatives and introduction of user-friendly products such as portable DNA sequencers are poised to propel the transfection reagent & equipment market during the forecast period.
Owing to presence of expensive laser-based equipment used for different transfection methods such as laserfection or optoinjection are estimated to boost the growth of the equipment segment.
Method Insight
Electroporation accounted for the leading revenue share in 2016, closely followed by liposomal transfection and particle bombardment. Wide portfolios for a range of electroporation solutions offered by major as well as emerging players are stimulating the growth of the segment. Moreover, several advantages offered by the method such as ease of use, variability, and timeliness are escalating the growth of the segment.
With significant share in 2016, the liposomes segment is anticipated to post noteworthy CAGR during the forecast period. Ongoing development of lipofection to enhance the efficiency of in-vivo transfection is likely to bolster the adoption of this method.
Application Insights
Revenue generation from transfection applications is expected to rise substantially owing to high procedure volumes and presence of a relatively larger number of R&D programs, thereby leading to market progress.
 
The applications of transfection reagents and equipment reviewed in the report are gene expression studies, protein production, transgenic model generation, therapeutic delivery, biomedical research, and cancer research. Gene expression studies were the most prominent application segment in 2016.
Expansion of genomic data pool and growing emphasis on translation of genomic information in clinical workflow are leading to a considerable share of this segment. Presence of a substantial number of ongoing research projects that aim at in-depth investigation of key mechanism, which underlie chromosomal anomalies, is also supplementing the growth of the segment.

Regional Insights
North America was the leading revenue contributor in the market in 2016 owing to presence of well-established biopharmaceutical and genomic industries in the region. High usage of transfection technologies has been witnessed within genetic, cytological, and oncology research-based entities. Presence of prominent companies that offer a wide range of solutions to serve various end users in the region is also contributing to the growth of the regional market.
Asia-Pacific is estimated to register the fastest growth during the forecast period. Significant growth in the number of biopharmaceutical & clinical R&D programs, increasing medical research expenditure, and rising awareness regarding cytological and proteomic expressions are some of the key trends driving the regional market.
Transfection Reagent & Equipment Market Share Insights
Thermo Fisher Scientific Inc.; Promega Corporation; QIAGEN; Mirus Bio LLC; Merck KGaA; and Bio-Rad Laboratories, Inc. are some of some key participants in the market. These companies are making significant attempts to maintain their prominence in the market over the coming years.
Thermo Fisher Scientific, Inc.; F. Hoffmann-La Roche Ltd; and Promega Corporation are recognized as prominent players owing to their extensive product portfolio and revenue generation in the market. These companies are continuously expanding their business across the world to maintain their dominance in the market.

Key Insights Covered: Global Transfection Reagent & Equipment Market
1.  North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Transfection Reagent & Equipment industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Transfection Reagent & Equipment industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Transfection Reagent & Equipment industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Transfection Reagent & Equipment industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Transfection Reagent & Equipment industry.

Research Methodology: Global Transfection Reagent & Equipment Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other