Epigenetics Market is Predicted to Hit $6460.5 Million Value by 2030, says P&S Intelligence – PR Newswire UK

NEW YORK, July 22, 2022 /PRNewswire/ -- According to the market research report published by P&S Intelligence, the epigenetics market was worth around $1,563.8 million in 2021, which is predicted to touch $6,460.5 million value by 2030, advancing at a 17.1% CAGR between 2021 and 2030. The field of epigenetics involves research on how the environment and behavior affect gene function. It is expected that increasing the usage of epigenetics in non-oncology applications would present a lucrative potential for market expansion.

Moreover, it has long been assumed that epimutations, which are epigenetic changes brought on by epigenetic silencing and hypermethylation, play a role in the development of cancer. Numerous R&D efforts are focusing on epimutations, particularly those related to the activation of oncogenes and the deactivation of tumor suppressor genes.

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For pharmaceutical and biotechnology companies, players in the field of epigenetics have been continually developing a wide range of products. These key players are PerkinElmer Inc., F. Hoffmann-La Roche Ltd., New England Biolabs Inc., QIAGEN N.V., Bio-Rad Laboratories Inc., Active Motif Inc., Abcam plc, Pacific Biosciences of California Inc., Illumina Inc., Merck KGaA, and Thermo Fisher Scientific Inc.

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Epigenetics Market is Predicted to Hit $6460.5 Million Value by 2030, says P&S Intelligence - PR Newswire UK