What's Driving Epigenetic Market Trends?

19/feb/2020 12:14:07 persistencemarketresearch Contatta l'autore

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The Epigenetic procedures end up having both positive as well as damaging results. Positive expression results in differentiation of cells like skin cells, liver cells, pancreatic cells and lung cells etc. and the damaging expression of epigenetic changes can lead to formation of different cancer cells.

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The epigenetic process includes phosphorylation, methylation, sumolyation, acetylation and ubiquitylation etc. of DNA as well as histones resulting in changes in Phenotypes. These changes are modified with environmental conditions.

Epigenetic market is now an emerging field. There are various diagnostic tests available now that detect epigenetic changes. There are some FDA approved epigenetic drugs. Other than many diagnostic companies, many biopharmaceutical and pharmaceutical companies are also very active in the field of epigenetic.

The worldwide ongoing research in finding the role of epigenetic in different disease and disorders is fueling the epigenetic market. Within the diagnostic segment of the epigenetic, most of the focus has been on the detection of DNA methylation. Most of the activity and interest of the companies is focused on the therapeutic segment of the epigenetic field.

The global market for epigenetic device market is expected to be driven by the advancement in technology. The key drivers of the market are the increasing cases prevalence of cancer, growing aging population and increase in obese population.

Moreover, the increasing research activities, increasing research on oncology diseases and the growing collaboration between research institutes, Biotechnology and Biopharmaceuticals companies is also acting as a fuel to the market and is expected to drive the market within the forecast period of 2016-2026. However, the high cost of the procedures and the lack of fund can be the restraint for the growth of this market.

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