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Japan Epigenetics Market 2022 Demand Analysis, Industry Size-Share Estimation, Top Leading Companies, Future Strategies And Business Opportunities

The Japan epigenetics market held a market value of USD 22.4 million in 2020 and is estimated to reach USD 48.6 million by the year 2027. The market is anticipated to register a CAGR of 12.8% during the forecast period.
Epigenetics is the study of how the behaviors and environment can cause variations that impact the way the persons genes work. In contrast to genetic changes, epigenetic changes are reversible and do not change the DNA sequence of the person, but the process can change how the body reads a DNA sequence.

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The Centers for Medicare and Medicaid Services report that US healthcare expenditures grew by 4.6% to US$ 3.8 trillion in 2019, or US$ 11,582 per person, and accounted for 17.7% of GDP. Also, the federal government accounted for 29.0% of the total health expenditures, followed by households (28.4%). State and local governments accounted for 16.1% of total health care expenditures, while otherI private revenues accounted for 7.5%.

This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.

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The rising research initiatives taken by prominent players in the epigenetics market in Japan is projected to drive the growth rate of the market. The prominent pharmaceutical companies are in favour of investing in the epigenetics area in the promising country of Japan. The rising applications of epigenetics in oncology area also boosts the market growth.

On the other hand, high costs of epigenetics instruments make it affordable for research labs in developing economies to invest in this equipment. Furthermore, the lack of skilled workforce in developing and underdeveloped countries is hampering the growth of the market.

Growth Influencers:
Growing R&D expenditure in the pharmaceutical & biopharmaceutical industry
The prominent players in the market are focused on investing in research to develop innovative products and cater to services of end users and other stakeholders. For instance, in April 2021, Merck, a leading science and technology company, announced an investment of EUR 20 million to expand research and development and manufacturing capabilities at its site in Shizuoka, Japan. The investment is scheduled to be completed by January 2022. Thus, such steps drive the growth rate of the market.

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Rising adoption of epigenetics for cancer treatment

Epigenetic dysregulation is generally related to human disease, especially cancer. With the growth of several drugs pointing at epigenetic regulators, epigenetic targeted mechanisms have been applied in the treatment of hematological distortions and has unveiled feasible therapeutic potential for cancers. Epigenetics therapy has been proven to be a successful method for the treatment of diverse malignancies. The rise in awareness and adoption of these mechanisms is fueling the growth of the market for epigenetics in Japan.

Segments Overview:
The Japan epigenetics market is segmented into product type, technology, application, and end user.

By Product Type,
o Bisulfite Conversion Kits
o ChIP Kits
o RNA Kit
o Others
Software Tools
o BiQ Analyzer
o RnBeads
o Others
Proteins & Peptides

The kits segment held the largest market share in 2020 with a market share of around 22%. This maximum share owes to the high usage of kits in epigenetics mechanisms. The ChIP kits segment is growing substantially and the market size is projected to hit USD 5 million by 2027. The services segment size will hit USD 6 million by 2025.

By Technology,
DNA Methylation (Largest Market Share)
Histone Methylation
Histone Acetylation
Bromodomains (Fastest Growing segment; CAGR: 14%)
Non-coding RNA

The DNA methylation segment held the largest share owing to the high usage of this technique in the research and academic institutes. Moreover, bromodomains segment is projected to be the fastest growing segment with a CAGR of 14%.

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By Application,
o Cardiovascular diseases
o Neurodegenerative
o Autoimmune
The oncology segment is anticipated to grow at the largest share of about 55% owing to the rising applications of epigenetic in cancer treatment. The rising prevalence of cancer in Japan contributes heavily to the growth rate of this segment. Based on non-oncology, the autoimmune sub-segment is anticipated to grow at a rate of 13.2%.

By End Users,
Academic and Research Institutes
Pharmaceutical & Biotechnology Companies
Contract Research Organizations (CROs)
Research and Consulting Firms
The pharmaceutical & biotechnology companies segment held the largest share owing to the tremendous usage of epigenetic mechanisms by these firms. The contract research organizations segment is expected to grow at the fastest growth rate of 13% over the forecast period.

Competitive Landscape

Key players operating in the Japan epigenetics market include Epigeneron, National Institute of Genetics, Rhelixa Inc, Riken, Illumina, Inc., Daiichi Sankyo Company, Limited, Takeda Pharmaceutical Co., Abcam PLC, among others.

The prominent five players in the market hold approximately 50% of the market share. These market players are involved in strategic initiatives, such as collaborations, mergers & acquisitions, product launch, and expansions to sustain in the market. For instance, in January 2020, Illumina received product approval certification for the MiSeqDx instrument with the Pharmaceuticals and Medical Devices Agency (PMDA) in Japan. This registration permits for the distribution of the MiSeqDx as a Class I medical device in Japan and establishes Illumina K.K. as the marketing authorization holder.

Table Of Content:

Chapter 1. Research Framework
1.1 Research Objective
1.2 Product Overview
1.3 Market Segmentation
Chapter 2. Research Methodology
2.1 Qualitative Research
2.1.1 Primary & Secondary Sources
2.2 Quantitative Research
2.2.1 Primary & Secondary Sources
2.3 Breakdown of Primary Research Respondents, By Region
2.4 Assumption for the Study
2.5 Market Size Estimation
2.6. Data Triangulation
Chapter 3. Executive Summary: Japan Epigenetics Market
Chapter 4. Japan Epigenetics Market Overview
4.1. Industry Value Chain Analysis

……..and view more in complete table of Contents

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The Japan epigenetics market report provides insights on the below pointers:

Market Penetration: Provides comprehensive information on the market offered by the prominent players
Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the Japan epigenetics market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
Pricing Analysis: Pricing analysis of various metals and other components used in the manufacturing of epigenetic tools
Manufacturing Cost Analysis: Cost-share of various components in epigenetics market, cost analysis of kits, Cost Analysis of reagents, Unit Cost Analysis of instruments, Cell Component Cost Analysis software tools

The Japan epigenetics market report answers questions such as:

What is the market size and forecast of the Japan epigenetics market?
What are the inhibiting factors and impact of COVID-19 on the Japan epigenetics market during the assessment period?
Which are the products/segments/applications/areas to invest in over the assessment period in the Japan epigenetics market?
What is the competitive strategic window for opportunities in the Japan epigenetics market?
What are the technology trends and regulatory frameworks in the Japan epigenetics market?
What is the market share of the leading players in the Japan epigenetics market?
What modes and strategic moves are considered favorable for entering the Japan epigenetics market?

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What are the aspects of this report that relate to regional analysis?

The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level.

Reports on the market include the growth rates of each region, which includes their countries, over the coming years.

How are the key players in the market assessed?

This report provides a comprehensive analysis of leading competitors in the market.

The report includes information about the key vendors in the market.

The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured.

The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players.

A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.

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What factors are taken into consideration when assessing the key market players?

The report analyzes companies across the globe in detail.

The report provides an overview of major vendors in the market, including key players.

Reports include information about each manufacturer, such as profiles, revenue, product pricing, and other pertinent information about the manufactured products.

This report includes a comparison of market competitors and a discussion of the standpoints of the major players.

Market reports provide information regarding recent developments, mergers, and acquisitions involving key players.

What are the key findings of the report?

This report provides comprehensive information on factors expected to influence the market growth and market share in the future.

The report offers the current state of the market and future prospects for various geographical regions.

This report provides both qualitative and quantitative information about the competitive landscape of the market.

Combined with Porter’s Five Forces analysis, it serves as SWOT analysis and competitive landscape analysis.

It provides an in-depth analysis of the market, highlighting its growth rates and opportunities for growth.

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Updated : 2022-01-20 22:35 GMT+08:00