Europe Gene Expression Market Report and Forecast 2024-2032

Europe Gene Expression Market Outlook

The global gene expression market size was valued at USD 13.3 billion in 2023, with Europe holding a significant market share. It is driven by the increasing research activities and regulatory approvals. The market is expected to grow at a CAGR of 9.10% during the forecast period of 2024-2032, with the values likely to reach USD 32.4 billion by 2032.

Key Takeaways

• The market is projected to witness an upward trajectory owing to the increasing research and investment activities in new drug discoveries for chronic diseases such as cancer, among others.
• United Kingdom is cementing its position as the leading destination of clinical trials in cell and gene therapy in Europe and is expected to lead the Europe gene expression market share in coming years.
• The market is impacted by increasing approvals from regulatory authorities. In February 2024, Vertex Pharmaceuticals and CRISPR Therapeutics received European Commission’s marketing approval for Casgevy (exagamglogene autotemcel).

Europe Gene Expression Market Analysis

Gene expression enables any specific part of DNA to contribute to the basic functionality of different cells in the human body including nerve cells and neurons in the brain. It is a fundamental aspect of gene therapies as it includes procedures like altering or silencing genes within a patient's cells to treat or prevent disease.

In February 2024, Vertex Pharmaceuticals and CRISPR Therapeutics received regulatory approval for Casgevy (exagamglogene autotemcel) after receiving conditional marketing authorisation for gene therapy from the European Commission. The CRISPR treatment is the first gene therapy approved in Europe for sickle cell disease and transfusion-dependent beta-thalassemia (TDT). The approval of Casgevy for the treatment of sickle cell disease and transfusion-dependent beta-thalassemia (TDT) represents a significant development, propelling the Europe gene expression market growth.

United Kingdom’s market share is poised to witness a notable upswing in the forecast period. The growth can be attributed to its increasing expenditure on conducting more clinical trials in cell and gene therapy. United Kingdom is the leading destination for cell and gene therapy clinical trials, with 84 drugs in clinical development as of October 2023, followed by France (45), Spain (44), and Germany (40). Europe gene expression market demand is further fuelled by abundance of innovations in bioscience and healthcare. Despite experiencing significant lows in the past, market players have significantly gained hefty investments as venture capital (VC) funding. Notably, half of the VC funding has been secured by European cell and gene therapy companies in 2023 contributing to the expansion of market share.

With increasing preference for personalised medicine, gene expression is finding its application in treatment of several chronic diseases, including cancer. This is one of the major Europe gene expression market trends. In January 2024, researchers from the Wellcome Sanger Institute conducted an analysis of 370 candidate priority drugs across various cancer types including lung, ovarian and breast candidates. With gene expression analysis, the comprehension of the functional and genomic information of cancer cells becomes feasible contributing to the development of more effective cancer treatments. Such advancements in cancer research and therapy development with gene expression are likely to significantly impact the gene expression market in Europe and globally.

Europe Gene Expression Market Segmentation

The market report offers a detailed analysis of the market based on the following segments:

Market Breakup by Process

• Sample Collection
• Purification
• cDNA Synthesis & Conversion
• PCR Analysis
• Data Analysis & Interpretation

Market Breakup by Application

• Clinical Diagnostics
• Drug Discovery & Development
• Research Activities
• Other Applications

Market Breakup by Technique

• RNA Expression
• Promoter Analysis
• Protein Expression & Posttranslational Modification Analysis

Market Breakup by Product

• Consumables
• Instruments
• Services

Market Breakup by End User

• Pharmaceutical and biotechnology companies
• Diagnostic laboratories
• Academic research centers

Market Breakup by Country

• United Kingdom
• Germany
• France
• Italy

Europe Gene expression Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• F. Hoffmann-La Roche Ltd
• QIAGEN
• Oxford Gene Technology (OGT) Group
• Eurofins Scientific
• LGC Limited
• Promega Corporation
• Takara Bio Inc.
• PacBio
• Smith & Nephew plc
• Abbott

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

FAQs

What is the Europe gene expression market forecast outlook for 2024-2032?
The market is anticipated to be driven by the growing demand in the global market, which is estimated to grow at a CAGR of 10.42% during the forecast period of 2024-2032, likely to reach a market value of USD 32.4 billion by 2032.

What are the major factors aiding the Europe gene expression market demand?
Factors influencing the market are the rising number of regulatory clearances representing significant advancements in technologies.

What are the major Europe gene expression market trends?
One of the significant trends in the market is the increasing investment activities by the key players in the market.

What are the market segmentations based on the process?
The segmentations include sample collection, purification, cDNA synthesis and conversion, PCR analysis, and data analysis and interpretation.

Where does gene expression find its application?
Common application areas include clinical diagnostics, drug discovery and development, research activities, among others.

What techniques are used in the gene expression market?
Techniques include RNA expression, promoter analysis, protein expression, and posttranslational modification analysis.

What are the products in the market?
Products include consumables, instruments, and services.

Who are the end users in the market?
The end users include pharmaceutical and biotechnology companies, diagnostic laboratories, and academic research centers.

What is the market segmentation by countries?
The market segmentation by countries includes the United Kingdom, Germany, France, and Italy.

Who are the key players involved in the European gene expression market?
The key players in the market are F. Hoffmann-La Roche Ltd, QIAGEN, Oxford Gene Technology (OGT) Group, Eurofins Scientific, LGC Limited, Promega Corporation, Takara Bio Inc., PacBio, Smith & Nephew plc, and Abbott.


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