Global Transfection Technology Market to Reach US$768.2 mn by 2019 due to Rising Incidence of Obesity and Cancer
A new Transparency Market Research report states that the global transfection technology market was valued at US$386.4 mn in 2012 and is poised to reach US$768.2 mn by 2019, logging a CAGR of 9.70% from 2013 to 2019. The title of the report is “Transfection Technology Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 2019.�
Transfection is a type of process in which genetic materials including double stranded RNA and DNA are introduced into mammalian cells by non-viral means. The introduction of DNA into cells starts the production or expression of proteins; cells use their own machinery during this. When RNA is transfected, it acts on the cytoplasm and helps down-regulate protein expression by blocking translation.
Transfection technology helps cells in the regulation of gene therapy, protein metabolism, and mutation of cancer cells by impacting the nuclear genes. Transfection technology is majorly utilized in applications such as therapeutic delivery, protein production, and bio-medical research. Biomedical research is further segmented into cancer research, transgenic models, cellbased microarrays for drug delivery and development, and gene and protein expression studies.
According to the report, the increasing obesity and the rising occurrence of cancers of the breast, lung, and prostate globally are amongst the top factors stimulating the growth of the market for transfection technology. In addition, the rising incidence of cardiovascular diseases such as ischemic heart disease and arrhythmias and the increasing production of mass protein are also amongst the chief factors augmenting the growth of the market for transfection technology.
On the other hand, as per the report, the cytotoxic impacts and technological complications associated with the use of instrument-based and virus-based methods utilized in transfection technology may inhibit the development of the market to some extent in forthcoming years.