Press release
Global Biotechnology Reagents Market to witness remarkable growth by 2022 :Top keyplayers are Abbott Diagnostics, Promega Corporation, BioMrieux SA, Life Technologies Corporation, Beckman Coulter Inc., EMD Millipore Corporation, Sigma-Aldrich, Fitzgerald
DescriptionThe Global Biotechnology Reagents Market was valued at US$ xx Mn in 2016 and is expected to reach US$ xx Mn by 2022 growing at a CAGR of xx% during the forecast period. Reagent refers to a compound or substance or a mixture of substance, used in testing of another compound or substance by chemical reaction. Depending on the composition of the compound or substance reagent can be classified as organic or inorganic in nature. Examples of organic reagent are Collins reagent and Fenton's reagent. Examples of inorganic reagents are Acetone, potassium dichromate, and thionyl chloride, etc. Reagents in biotechnology are used in diagnosis, research, education, training, and healthcare.
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Market Dynamics
The rapidly growing research and development expenditure, growing number of biotechnology firms, and growth in biopharmaceuticals, new upcoming technology, and growing protein profiling are the prime drivers for the biotechnology reagents market. Moreover, the growing use of biotechnology reagents in therapeutics, marketable applications, and development in stem cell research has led to the increased importance of this market.
The unpredictable regulatory environment in different countries and a high cost of biopharmaceuticals put constraints on the market.
Market Segmentation
The market is segmented in by type of technology (Chromatography, Electrophoresis, PCR, Mass spectrometry, Expression and Transfection), by application (DNA & RNA analysis, protein purification, Drug testing, Gene expression), by end user (Biotech companies, Pharmaceuticals, Research institutes, Diagnostic centers and others) and by region (North America, Asia-Pacific, Europe and the rest of world)
Geographic Analysis
North America leads the biotechnology reagents market followed by Europe and Asia-Pacific. North America is driving the market on account of innovation of new products, government policies and initiatives, positive regulatory environment, sound healthcare sector, and large investments in biotechnology research.
Key Players
Some of the major players in the market include Abbott Diagnostics, Promega Corporation, BioMrieux SA, Life Technologies Corporation, Beckman Coulter Inc., EMD Millipore Corporation, Sigma-Aldrich, Fitzgerald Industries International, Roche Diagnostics Ltd., PerkinElmer Inc., Ortho-Clinical Diagnostics, Siemens Healthcare Diagnostics Inc., GE Healthcare, Becton Dickinson and Company, and EMD Biosciences Inc.
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The report contains comprehensive analysis on:
Biotechnology Reagents Market Segments
Biotechnology Reagents Market Drivers, Restraints and Opportunities
Biotechnology Reagents Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Biotechnology Reagents Market Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
Regional analysis for Biotechnology Reagents Market includes
North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides in-depth market segmentation that is derived from extensive product mapping exercises, macro-economic factors and other qualitative and quantitative insights. The impact of all such factors are delivered across multiple market segments and geographies.
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Report Highlights:
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
In-depth Market Segmentation
Historical and Projected Market Sizing in terms of volume and value
Recent market trends and Impact Factors
R&D Status and Technology Overview
Extensive Industry Structure Coverage
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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