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Global Transfection Technologies Market worth $601 Million by 2017
By: PR Newswire
Dec. 14, 2012 04:31 AM
DALLAS, December 14, 2012 /PRNewswire/ --
The report "Global Transfection Technologies Market - (Lipofection, Calcium Phosphate, Electroporation, Nucleofection, Magnetofection, Gene Gun, Viral) And Types (Gene Delivery, DNA Delivery, Protein Delivery, SiRNA Delivery) (2012 - 2017) " defines and segments the global Transfection market with analysis of forecasting of the global revenue and applications revenue for transfection products. It also identifies driving and restraining factors for the global transfection market with analysis of trends, opportunities, challenges, strengths, weakness and threats. The market segmentation and revenue forecasting has been done region wise (including North America, Europe, Asia and Rest of the World), and also on the basis of application, products and technologies.
Browse 9 market data tables and 26 figures spread through 130 slidesand in-depth TOC on"Global Transfection Technologies Market - (Lipofection, Calcium Phosphate, Electroporation, Nucleofection, Magnetofection, Gene Gun, Viral) And Types (Gene Delivery, DNA Delivery, Protein Delivery, SiRNA Delivery) (2012 -2017)."
Transfection technologies are widely used in cell research, recombinant protein production, drug discovery, gene therapy and therapeutics. The growing market for recombinant protein boosts the development of transfection technologies; biopharmaceutical companies are looking for technologies in hard to transfect cells in order to maximize production and product efficiency. There is demand for methods in hard to transfect cells which are the key for future applications and growth.
Cost has been a major factor in the transfection market. The market is segmented based on the technologies, where Bio-chemical based methods hold the major share in the market because of its cost advantage and simplicity over other technologies. Physical based methods are growing at a healthy pace because of its ability to transfect hard to transfect cells, while the viral mediated methods are growing at a steady phase.
The key growth area of transfection products is the application in therapeutic area, where transfection is effectively used in treatment of cancer and other genetic disorders. Growth in gene therapy market is also driving the transfection market. Gene therapy promises to cure various diseases and disorders, and is one of the growing applications in therapeutic segments with four approved drugs being in market. Electrochemotherapy is another upcoming therapeutic method being tested widely in Europe and America for treating cutaneous and sub-cutaneous tumors.
The global market for transfection products was estimated to be worth US $385 million in 2012 and is expected to reach US $601 million by 2017, growing at a CAGR of 9.32% from 2012 to 2017.
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