Molecular biology enzymes and kits & reagents market is projected to USD 29.7 billion by 2026 from USD 15.3 billion in 2021, at a CAGR of 14.2% during the forecast period.
Molecular biology enzymes, kits, and reagents are utilised in a variety of applications, including diagnostic testing, drug development, and life science research. These products are used to analyse cell surface markers, which have been shown to be therapeutic and diagnostic targets in the human body. One of the most extensively used preparative and diagnostic processes in molecular biology is the polymerase chain reaction, which includes reverse transcriptase-polymerase chain reactions. A new enzyme, kits, and reagents are also required for this technique, which can be used for DNA fingerprinting, gene analysis, and hereditary illness diagnosis.
Increased research activities and R&D investments in the life science sector, a rising number of genome projects, technical improvements in the life science industry, and the rising frequency of genetic disorders are driving growth in the molecular biology enzymes and kits & reagents market. However, limited reimbursements for genetic testing are projected to limit market growth throughout the projection period.
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Global Molecular Biology Reagents Market: Top Key Players
Takara Bio, Inc.
Sigma-Aldrich Co. LLC.
QIAGEN N.V.
Roche, Ltd.
Affymetrix, Inc.
New England Biolabs, Inc.
Thermo Fisher Scientific, Inc.
Agilent Technologies, Inc.
Enzymatics, Inc.
Illumina, Inc.
Global Molecular Biology Reagents Market: By Types
Cloning and Mutagenesis
Nucleic Acid Analysis
PCR
Sequencing
Other Kits and Reagents
Global Molecular Biology Reagents Market: By Applications
Academic Research Institutes
Hospitals and Diagnostic Centers
Pharmaceutical and Biotechnology Companies
Other End Users
Geographically, the detailed analysis of production, trade of the following countries is covered
- United States
- Europe
- China
- Japan
- India
The report on the global molecular biology enzymes, kits, and reagents market provides a comprehensive overview of the market, including both qualitative and quantitative data. It also emphasises the detailed segmentation table, including the names of the leading segments and the factors driving their rise. The research also addresses the COVID19 pandemic’s impact on this market and how players might collect significant revenues during this time period by implementing methods such as product innovation, product quality improvement, and others. The research also discusses in detail the names of players functioning in this market and their major contributions to the benefit of the worldwide molecular biology enzymes, kits, and reagents market.
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FAQs:
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