LONDON--(BUSINESS WIRE)--Dec 1, 2019--

Technavio has been monitoring the global transfection reagents and equipment market and the market is poised to grow by USD 319.58 million during 2020-2024 at a CAGR of over 6% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global transfection reagents and equipment market 2020-2024. (Graphic: Business Wire)

Read the 148-page research report with TOC on "Transfection Reagents and Equipment Market Analysis Report by Geography (Asia, Europe, North America, and ROW), by Product (Reagents and Equipment), and Segment Forecasts, 2020-2024".

The market is driven by the rising demand for timely disease diagnosis. In addition, the rise in clinical trials in developing nations is anticipated to further boost the growth of the transfection reagents and equipment market.

Early diagnosis diseases is necessary among patients with a high risk of hereditary conditions. It requires genetic tools to facilitate diagnostic tests such as next-generation sequencing and DNA microarrays. This is driving the demand for transfection reagents as they are used for conducting genetic variation testing procedures. They help in identifying risks of developing diseases such as Alzheimer’s disease, Parkinson’s disease, and cancer. Thus, the rising demand for timely disease diagnosis is expected to drive market growth during the forecast period.

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Major Five Transfection Reagents and Equipment Market Companies:

Agilent Technologies Inc.

Agilent Technologies Inc. is headquartered in the US and operates the business under various segments such as Life Sciences and Applied Markets, Diagnostics and Genomics, and Agilent CrossLab. The company offers GeneJammer Transfection Reagent, a polyamine reagent to various end-users.

Bio-Rad Laboratories Inc.

Bio-Rad Laboratories Inc. is headquartered in the US and offers products through the following business units: Life Science and Clinical Diagnostics. The company offers Gene Pulser Xcell Electroporation System, which is a pulse generating system.

F. Hoffmann-La Roche Ltd.

F. Hoffmann-La Roche Ltd. is headquartered in Switzerland and operates under the business segments, Pharmaceuticals and Diagnostics. The company offers X-tremeGENE DNA Transfection Reagent for the use of academic and research institutes and pharmaceutical and biotechnology companies.

Lonza Group Ltd.

Lonza Group Ltd. is headquartered in Switzerland and offers products through the following business segments: Pharma & Biotech and Specialty ingredients. The company offers a high-throughput transfection system, 4D-Nucleofector System, for the use of biotechnology and pharmaceutical companies.

MaxCyte Inc.

MaxCyte Inc. is headquartered in the US and offers products through the business segment, Healthcare. The company offers a scalable transfection system, MaxCyte STX for the use of academic and research institutes and biotechnology and pharmaceutical companies.

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Transfection Reagents and Equipment Product Outlook (Revenue, USD Million, 2020-2024)

Transfection Reagents and Equipment Regional Outlook (Revenue, USD Million, 2020-2024)

  • Asia
  • Europe
  • North America
  • ROW

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SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 12/01/2019 09:30 PM/DISC: 12/01/2019 09:30 PM

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