Global Transfection Reagent and Equipment Market is estimated to be 931.3 Million by 2029 with a CAGR of 7.5% during the forecasted period.

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Published Date: April 2023

The global transfection reagents and equipment market accounted for 1793.0 Million in 2020 and is estimated to be US$ 931.3 Million by 2029 and is anticipated to register a CAGR of 7.5%.

The report "Global Transfection Reagent and Equipment Market, By Product (Reagents and Equipment), By Method (Biochemical Methods, Physical Methods, and Viral Methods), By Application (Biomedical Research, Gene Expression Studies, Cancer Research, Transgenic Models, Protein Production, and Therapeutic Delivery), By End User (Academics & Research Institutes and Pharmaceutical & Biotechnology Companies), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.

Key Highlights:

In July 2020, Polyplus-transfection(R) SA, the leading biotechnology company that supports the gene and cell therapy market by supplying innovative transfection solutions, announced the launch of the industry’s first GMP-compliant residual test for its PEIpro (R) product portfolio, transfection reagents designed for process development, pre-clinical, clinical and commercial lentivirus and adeno-associated virus (AAV) production for cell & gene therapies.
In March 2020, Thermo Fisher, the largest maker of scientific tools, announced its plan to produce up to 5 million of a new test to detect the novel coronavirus that causes Covid-19.

Analyst View:

Large number of application along with fast results

The cells which are transiently transfected takes around 24 – 96 hours post transfection and the mRNA is expressed within minutes after transfection that means it takes very less time to show the results. The main application of transfection reagent and equipment is used in studying the effect of gene expression, gene products, gene silencing and largely producing recombinant proteins. Highly increasing application like gene expression studies, protein production, transgenic models, therapeutic delivery, cancer research and biomedical research is expected to foster the transfection reagents and equipment market. Transfection of mammalian cells is mostly effective in the production of recombinant protein with proper folding and post-translational modification.

Technological advancements in transfection technology

The transfection reagents and equipment market has seen diverse technological achievements in equipment as well as reagents, to address the demands of biotechnology and researchers and biopharmaceutical associations. Increasing demand of synthetic genes, R & D investment and research activities, emerging economics drives the target market. For instance, in July 2020, Poly plus-transfection(R) SA, the leading biotechnology company that supports the gene and cell therapy market by supplying innovative transfection solutions, announced the launch of the industry’s first GMP-compliant residual test for its PEIpro (R) product portfolio, transfection reagents designed for process development, pre-clinical, clinical and commercial lentivirus and adeno-associated virus (AAV) production for cell & gene therapies. Transfection promotes the process of introducing genetic material into eukaryotic cell to enable the production or expression of proteins using cell’s machinery.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Transfection Reagents and Equipment Market”, By Product (Reagents and Equipment), By Method (Biochemical Methods, Physical Methods, and Viral Methods), By Application (Biomedical Research, Gene Expression Studies, Cancer Research, Transgenic Models, Protein Production, and Therapeutic Delivery), By End User (Academics & Research Institutes and Pharmaceutical & Biotechnology Companies), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029

Key Market Insights from the report:

The global transfection reagents and equipment market accounted for 1793.0 Million in 2020 and is estimated to be US$ 931.3 Million by 2029 and is anticipated to register a CAGR of 7.5%. The market report has been segmented on the basis of product, method, application, end user, and region.

Depending upon product, the reagents segment is projected to grow at highest CAGR over the forecast period. The reagents provide a well-structured overview of significant innovations, discoveries coupled with the technological advancements that occur in the global industry.
Depending upon the method, the biochemical segment is projected to register highest share of the market in 2019. Biochemical segment has various applications in cell research, target validation and drug discovery, and technological advances such as synthetic genes, whose demand has been growing, thus anticipated to contribute to the growth of the market.
In terms of application, cancer research projected to witness highest CAGR over the forecast period.

By end-user, pharmaceutical & biotechnology companies segment estimated for highest share in 2019 due to strategic framework to boost the growth journey, actionable results to meet all the business priorities.
By region, North America region contributes to the largest share in the global transfection reagents and equipment market due to due to rising prevalence of various cancers such as cervical cancer, breast cancer, colon cancer and prostate cancer. Further, the government of North America is highly increasing their investments in the biological research, genomics research and in the production of therapeutic proteins, which in turn boosts growth of the target market in this region.

Competitive Landscape:

The prominent player operating in the global transfection reagents and equipment market includes Thermo Fisher Scientific, Promega Corporation, Lonza, QIAGEN, F. Hoffmann-La Roche Ltd., and Bio-Rad Laboratories, Merck KGaA, OriGene Technologies, MaxCyte, Polyplus-transfection SA.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period