Biotechnology Reagents Market - Industry Trends and Forecast to 2029

The Global Biotechnology Reagents Market Growth at a rate of 12.20% in the forecast period 2022 to 2029.

Global Biotechnology Reagents Market Size

The biotechnology reagents market is expected to witness significant growth during the forecast period. The biotechnological reagents play a major role in the age of rapid research, discovery, and publication in the industry and academic research purposes. The demand for biotechnology reagents is primarily dependent upon the growth of the biotechnology instrumentation market. In the pandemic era, the growth of several analytical tests used for Covid-19 has also boosted the market's expansion.

Data Bridge Market Research analyses a growth rate in the biotechnology reagents market in the forecast period 2022-2029. The expected CAGR of global biotechnology reagents market is tend to be around 12.20% in the mentioned forecast period. The market was valued at USD 338.00 million in 2021, and it would grow upto USD 848.91 million by 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Market Analysis and Insights - Global Biotechnology Reagents Market

The global biotechnology reagents market is analysed and market size insights and trends are provided by technology and applications as referenced above.

North America dominates the biotechnology reagents market because of the soaring capital spending, new product advancements, existence of suitable government strategies and modern healthcare foundation. Furthermore, the Achievement of human genome plan and the extreme need for chemicals in molecular biology sector further boosts the growth of the biotechnology reagents market in the region. Asia-Pacific is anticipated to observe significant amount of growth in the biotechnology reagents market because of the growing of the research and outsourcing actions in life science field.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Expanded Polytetrafluoroethylene (ePTFE) Market Country Level Analysis

The major countries covered in the biotechnology reagents market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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Key Players Global Biotechnology Reagents Market

Key players operating in the global biotechnology reagents market include:

Abbott (U.S.)
Agilent Technologies Inc. (U.S.)
Danaher (U.S.)
BD (U.S.)
Bio-Rad Laboratories Inc. (U.S.)
General Electric (U.S.)
bioMérieux SA (Frnace)
LONZA (Switzerland)
F. Hoffmann-La Roche Ltd. (Switzerland)
Hoefer, Inc. (U.S.)
PerkinElmer Inc. (U.S.)
Merck KGaA (Germany)
Promega Corporation (U.S.)
Quality Biological (U.S.)
Siemens (Germany)
Bio-Techne (U.S.)
TAKARA HOLDINGS INC. (Japan)
Sysmex Corporation (Japan)
Tosoh Corporation (Japan)
Ortho Clinical Diagnostics (U.S.)
Olympus Corporation (Japan)

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