TRANSFECTION REAGENTS AND EQUIPMENT MARKET ANALYSIS

Regional Analysis

Global Transfection Reagents and Equipment Market: Regional Insights

Based on geography, the global transfection reagents and equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among regions, North America is expected to gain highest share in the market over the forecast period owing to the rising application of transfection procedures, increase in demand for synthetic genes, and development of novel techniques for transient and stable transfection in the region. For instance, synthetic genes are widely applied in therapy and treat various diseases such as cancer, cardiovascular diseases, metabolic disease, neurodegenerative diseases, etc. According to the U.S. Centers for Disease Control and Prevention (CDC), chronic diseases such as heart disease, cancer, and diabetes are the leading causes of death and disability in the United States.

Asia Pacific is also expected to witness robust growth in the global transfection reagents and equipment market owing to the rising application of transfection procedures, developments in the field of recombinant technology and proteomics, and rising support from government and public bodies in the region. For instance, in the Union Budget 2021-22, the government of India allocated 1,660 crore for biotechnology research and development in the country. The Indian Government also announced its plan to set up nine biosafety level-3 (BSL-3) laboratories through the Pradhan Mantri Aatmanirbhar Swasth Bharat Yojana Scheme.

• North America: U.S. and Canada
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Middle East and Africa: GCC Countries, Israel, Rest of Middle East, South Africa, North Africa, and Central Africa.