Biotechnology Reagents - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Biotechnology Reagents Market is accounted for $69.21 billion in 2018 and is expected to reach $163.19 billion by 2027 growing at a CAGR of 10.0% during the forecast period. Rising number of biotechnology firms and growth in biopharmaceuticals are the major factors propelling the market growth. However, high cost of reagents is hampering the market growth.
Biotechnology reagents are the substances used to detect or synthesize another substance so as to provide a test reading. The biotechnological reagents play an important role in the age of rapid research, discovery, and publication in the industry and academic research purposes.
Based on the technology, the analytical segment is going to have a lucrative growth during the forecast period as chromatography technique of analytical technology is mostly used in drug discovery to validate the specificity, sensitivity, and purity of drugs and deliver precise outcomes to validate characters. By geography, North America is going to have a lucrative growth during the forecast period owing to high investments, new product developments, presence of favorable government policies and sophisticated healthcare infrastructure.
Some of the key players profiled in the Biotechnology Reagents Market include Siemens Healthineers, Quality Biological Inc., Merck Millipore, PerkinElmer, Meridian Bioscience, Promega Corporation, Lonza Group AG, BioMérieux, GE Healthcare, Bio-Rad Laboratories, Life Technologies, Beckman Coulter, Agilent Technologies, Abbott Laboratories and Becton Dickinson.
• Life Science
• Protein Synthesis and Purification
• Gene Expression
• Fluorescent Microscopy
• Drug testing
• DNA and RNA analysis
• Cell Cycle Analysis
End Users Covered:
• Research Institutes
• Diagnostic Centers
• Biotech Companies
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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