Molecular Biology 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
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, low reimbursement for genetic testing is projected to limit market growth throughout the projection period.
Gene mutations have an important role in the aetiology and development of many disorders and diseases, including in-born genetic disorders, cancer, metabolic diseases, and immune system disorders. This component also gives precise information about the human genome. This knowledge also aids researchers in understanding the origin of specific diseases and developing treatment options.
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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.
By Types
Cloning and Mutagenesis
Nucleic Acid Analysis
PCR
Sequencing
Other Kits and Reagents
By Applications
Academic Research Institutes
Hospitals and Diagnostic Centers
Pharmaceutical and Biotechnology Companies
Other End Users
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
The Report’s Key Advantages
- This report provides an analytical depiction of the molecular biology enzyme, kits, and reagents market, as well as current trends and future projections to identify potential investment opportunities.
- The study includes information on key drivers, restraints, and opportunities, as well as a complete analysis of market share.
- To emphasise the growth scenario, the existing market is quantitatively examined from 2020 to 2030.
- Porter’s five forces analysis depicts the market’s potency of buyers and providers.
- The research gives a detailed analysis based on competitive intensity and how the competition will evolve over the next few years.
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FAQs:
- What is the driving factor for the growth of the Molecular Biology Reagents market?
- How will the COVID-19 pandemic impact the demand and consumption of this market?
- What is the major application area of the Molecular Biology Reagents market?
- Who are the Molecular Biology Reagents manufacturers across the globe?
- Which geographical location is dominant in this market?
- Which are the top industry players in this market?
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