The global molecular biology enzymes and kits & reagents market is projected to reach USD 13.60 billion by 2022 from USD 6.52 billion in 2017, molecular biology enzymes and kits & reagents market at a CAGR of 15.8% during the forecast period.The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn would help them, garner a greater share. Firms purchasing the report could use one or any combination of the below-mentioned five strategies.
Molecular biology enzymes are natural proteins produced by living organisms (animals, plants, and bacteria) and are highly selective biochemical catalysts. Molecular biology reagents are chemicals used in molecular biology reactions to optimize the workflow.
Asia Pacific is expected to witness the highest growth during 2017 to 2022. The highest growth rate of the APAC market is attributed to increasing government interest in the biomedical & biotechnology industries, the presence of bio-clusters in India and China, and growing outsourcing of clinical research activities to Asian countries. Get Direct Access Complete Report Copy of Molecular Biology Enzymes and Kits & Reagents Market by Product (Kits & Reagents, Enzymes), Application (PCR, Sequencing, Cloning, Epigenetics), End User (Academic & Research Institutes, Hospitals & Diagnostic Centers), and Region - Global Forecast to 2022 at http://www.rnrmarketresearch.com/contacts/purchase?rname=201976
The key factors driving the growth of this market include increased research activities and R&D investments inthe life science industry, rising number of genome projects, technological advancements in the life science industry, and rising incidence of infectious diseases & genetic disorders. However, limited reimbursements for genetic testing is expected to restrain the growth of this market during the forecast period.
Based on application, the market is segmented into polymerase chain reaction (PCR), sequencing, cloning, epigenetics, restriction digestion, synthetic biology, and other applications (mutagenesis, in vitro transcription, and molecular labeling & detection).The sequencing segment is expected to grow at the highest CAGR during the forecast period.
Break of primary participants was as mentioned below:
- By Company Type – Tier 1–50%, Tier 2–30% and Tier 3–20%
- By Designation– C-level–30%, Director Level–48%, Others–22%
- By Region – North America–48%, Europe–20%, Asia Pacific–25%, RoW–7%
“Global molecular biology enzymes and kits & reagents market” spread across 174 pages, profiling 12 companies and supported with 88 tables and 33 figures and click here inquire of this Report @ http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=201976
Target Audience for this molecular biology enzymes and kits & reagents market report are:
- Molecular Biology Enzymes and Kits & Reagents Manufacturers and Vendors
- Associations Related to Molecular Biology Enzymes and Kits & Reagents
- Contract Research Organizations (CROs)
- Research Institutes and Academic Centers
- Pharmaceutical and Biopharmaceutical Companies
- Business Research and Consulting Service Providers
- Venture Capitalists
The major players in the global molecular biology enzymes and kits & reagents market are Thermo Fisher (US), Merck (Germany), Illumina (US), QIAGEN (Netherlands), New England Biolabs (US), Promega (US), Agilent (US), Roche (Switzerland), Takara Bio (Japan), Bio Basic (Canada), Jena Bioscience (Germany), and Molecular Biology Resources (US).
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