EPIGENETICS DRUGS & DIAGNOSTIC TECHNOLOGIES MARKET ANALYSIS (2020-2027) - PowerPoint PPT Presentation

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EPIGENETICS DRUGS & DIAGNOSTIC TECHNOLOGIES MARKET ANALYSIS (2020-2027)

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Title: EPIGENETICS DRUGS & DIAGNOSTIC TECHNOLOGIES MARKET ANALYSIS (2020-2027)


1
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2
EPIGENETICS DRUGS DIAGNOSTIC TECHNOLOGIES
MARKET ANALYSIS (2020-2027)
  • Epigenetics Drugs Diagnostic Technologies
    Market, By Type (Epigenetic Drugs (DNMT
    Inhibitors (Azacitidine, Decitabine), HDAC
    Inhibitors (Vorinostat, Romidepsin)), Epigenetics
    Diagnostic Technologies (DNA Methylation, ChIP
    Technology)), and By Region (North America, Latin
    America, Europe, Asia Pacific, Middle East
    Africa) - Size, Share, Outlook, and Opportunity
    Analysis, 2020 - 2027

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  • Epigenetics can be defined as the study of
    chemical modifications of some specific genes of
    an organism. A gene can be altered with change in
    the sequence of its DNA or epigenetic
    programming. Epigenetic drugs make it possible to
    reverse the aberrant gene expression which leads
    to various disease states.

4
Statistics
  • The global epigenetic drugs and diagnostic
    technologies market is estimated to account
    for US 28,606.6 Mn in terms of value by the end
    of 2027.

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Global Epigenetic Drugs and Diagnostic
Technologies Market Drivers
  • Increasing prevalence of cancer is expected to
    propel growth of the global epigenetic drugs and
    diagnostic technologies market over the forecast
    period. For instance, according to the American
    Cancer Society, in 2019, there will be an
    estimated 1,762,450 new cancer cases diagnosed
    and 606,880 cancer deaths in the U.S.
  • Moreover, RD in epigenetic drugs is also
    expected to aid in growth of the market. For
    instance, the study, Vorinostat in the acute
    neuroinflammatory form of X?linked
    adrenoleukodystrophy, published in May 2020, in
    Annals of Clinical and Translational Neurology,
    reported that treatment with certain epigenetic
    medicines may help compensate for a deficiency in
    the ABCD1 gene in patients with
    adrenoleukodystrophy.

6
Statistics
  • North America held dominant position in the
    global epigenetic drugs and diagnostic
    technologies market in 2019, accounting
    for 40.8 share in terms of value, followed by
    Europe and Asia Pacific, respectively.

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Figure 1 Global Epigenetic Drugs and Diagnostic
Technologies Market Share () Value, By Region,
2019
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Global Epigenetic Drugs and Diagnostic
Technologies Market Restraints
  • Longer durations of RD for developing epigenetic
    drugs is expected to hinder growth of the market.
    It takes a new drug 12 years to go from research
    lab to patient, with many thousands of candidates
    discarded along the way.
  • Moreover, lack of evidence regarding the efficacy
    of epigenetic therapy in solid tumors is also
    expected to limit the market growth.

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Global Epigenetic Drugs and Diagnostic
Technologies Market Opportunities 
  • Funding for RD in epigenetics is expected to
    offer lucrative growth opportunities for players
    in the global epigenetic drugs and diagnostic
    technologies market. For instance, in June 2020,
    The University of Illinois at Chicago, U.S.,
    received US 8.2 million from the National
    Institute on Alcohol Abuse and Alcoholism to
    continue the Center for Alcohol Research in
    Epigenetics and its research on how alcohol
    affects genes through epigenetics.

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  • Moreover, development machine-learning algorithms
    to aid in epigenetic drug discovery is also
    expected to boost the market growth. For
    instance, in October 2019, researchers at Sanford
    Burnham Prebys Medical Discovery Institute, U.S,
    developed a machine-learning algorithm that
    gleans information from microscope images in
    order to allow high-throughput epigenetic drug
    screens.

12
Statistics
  • The global epigenetic drugs and diagnostic
    technologies market was valued at US 6,800.3
    Mn in 2019 and is forecast to reach a value
    of US 28,606.6 Mn by 2027 at a CAGR of
    19.7 between 2020 and 2027.

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  • Figure 2 Global Epigenetic Drugs and Diagnostic
    Technologies Market Value (US Mn), 2016 2027

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Market Trends/Key Takeaways
  • The market is witnessing RD of novel epigenetic
    drugs. For instance, in November 2019,
    researchers with the Pasteur Institute and CNRS
    (French National Center for Scientific Research),
    France, reported identifying epigenetic
    inhibiting drugs that can inhibit DNA methylation
    and eliminate even the most resistant of the
    malaria parasites, Plasmodium falciparum, in the
    journal ACS Central Science.
  • The market is also witnessing entry of new
    players. For instance, in September 2019, Omega
    Therapeutics, a biotech startup, announced its
    entry in RD of medicines based on epigenetics.

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Global Epigenetic Drugs and Diagnostic
Technologies Market Competitive Landscape
  • Major players operating in the global epigenetic
    drugs and diagnostic technologies market include,
    4SC AG, Acetylon Pharmaceuticals, Inc., Astex
    Pharmaceuticals Inc., CellCentric Ltd., Celleron
    Therapeutics Ltd., Celgene Corporation, Chroma
    Therapeutics Ltd., Epigentek Group Inc., Eisai
    Co. Ltd., EnVivo Pharmaceuticals Inc., Base
    Genomics, and Oryzon Genomics, S.A.

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Global Epigenetic Drugs and Diagnostic
Technologies Market Key Developments
  • Major players in the market are focused on
    launching new products to expand their product
    portfolio. For instance, in July 2020, EpiGentek
    launched a series of SARS-CoV-2 research assays
    in combatting the ongoing COVID-19 pandemic.
  • Major players in the market are also focused on
    adopting collaboration strategies to expand their
    product portfolio. For instance, in June 2020,
    Oryzon Genomics, S.A., a clinical-stage
    biopharmaceutical company leveraging epigenetics
    for RD of new therapies, collaborated with
    Institute of Medical and Molecular Genetics
    (INGEMM) of the La Paz University Hospital in
    Madrid for RD of precision medicine in patients
    with Phelan-McDermid Syndrome.

17
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