Biotechnology Reagents Market to Expand at a CAGR of 7.4% during 2019 – 2023 | Global Key Players – GE, Siemens, Abbott, Waters, Beckman Coulter, Roche, Lonza, Bio Rad Lab

Marketprognosis.com Publish a New Market Research Report On “Global Biotechnology Reagents Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Biotechnology Reagents Market:

The report spread across 112 pages is an overview of the Global Biotechnology Reagents Market. These report study based on the Biotechnology Reagents Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

The Global Biotechnology Reagents Market is expected to witness a CAGR of 7.4% during the forecast period (2018-2023). Owing to a large number of companies investing in the manufacturing of reagents, the demand for these reagents is growing at a robust pace.

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Increasing Interest in Stem Cell Research; Stem cells are now being considered as a treatment option for regenerative and for lifesaving therapies. Research on the ethically sourced adult stem cells has been garnering popularity since 2010. The drug manufacturing companies have initiated stem cell research and several players in the pharmaceutical industry are using these cells to test the toxicity of drugs, which helps them identify new therapies. These researchers and pharmaceutical companies are studying stem cells for basic research, toxicity test, drug discovery, and future applications. A wide range of reagents, such as stem cell culture media, laboratory reagents, etc., are necessary to meet the stem cell culture needs. With the booming stem cell research, it is anticipated that the demand for biotechnology reagents will grow over the forecast period.

High Cost of Reagents; The reagents used for life science research usually involve high costs. Hence, availability of the services that require reagents in the developing regions is often limited by the high costs associated with reagents. To counter this issue, various measures are being undertaken, such as manufacturing of low-cost reagents. Local development of reagents may become a time-consuming process, as most of the reagents manufactured by the local companies may result in low-quality reagents. Therefore, high costs act as a barrier for the market studied.

As per the regional analysis, North America dominates the global biotechnology reagents market and incurs the highest expenditure for global R&D. The United States accounted for the largest share of 73%, in 2016. The North American segment is on a rise, because of the on-going research in biological sciences, considerable investments by various biotechnology companies, and the consistently increasing utilization of biotechnology reagents in the market. Due to the ongoing research and outsourcing activities in the field of life science, Asia-Pacific also has lucrative opportunities for growth over the forecast period.

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Major Key Players:

1 GE Healthcare

2 Siemens Healthcare

3 Abbott

4 Waters Corp.

5 Beckman Coulter

6 Roche

7 Lonza

8 EMD Biosciences

9 Bio Rad Laboratories and More………………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Biotechnology Reagents Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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