Press release
Global Market for Reagents, Research Kits and Analytical Instruments for Genomics and Proteomics Gains from Increasing Investments for Research
The market is also expected to gain traction on account of the rapid increase in the drug discovery and the rising demand for accuracy in the identification of diseases, which are likely to propel the usage of reagents, research kits, and analytical tools in the field of genomics and proteomics in the nearing future.
Download Exclusive Sample of this Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=983
All these factors indicate towards a healthy future for the global market for reagents, research kits and analytical instruments for genomics and proteomics. However, experts predict the market may face hurdles on account of the high cost associated with these tools and several other factors.
A research study by Transparency Market Research (TMR) estimates the global market for reagents, research kits, and analytical instruments for genomics and proteomics to register a healthy CAGR of 12.10% during the period from 2013 to 2019, reporting a rise from US$23.8 bn in 2012 to US$52.3 bn by the end 2019. In this blog post, TMR answers significant questions about the worldwide market for reagents, research kits and analytical instruments for genomics and proteomics:
What are the key trends influencing the market for reagents, research kits and analytical instruments for genomics and proteomics?
The biggest trend in this market is the integration of suppliers with various research institutes and laboratories to increase research activities in this field. The increasing preference for personalized medicines has propelled the need for the advancement in technologies utilized in genomics and proteomics, which has triggered the need for further research.
Another major trend in this market is the increasing investments from pharmaceutical and biotech companies for the research and development of advanced genomics and proteomics tools.
What are the major challenges in the growth of this market?
A huge disconnect between the discovery of biomarkers and their approval by regulatory authorities is one of the key challenges this market is facing. The low awareness regarding genomics and proteomics in emerging economies, hampering the adoption of these technologies, is also limiting the growth of this market.
Apart from this, the dearth of qualified researchers and the high cost incurred in mandatory training in this field are also expected to restrict this market from reporting a steady rise.
What are the significant trends seen in the competitive landscape of this market?
The global market for reagents, research kits and analytical instruments for genomics and proteomics exhibits a highly fragmented competitive landscape. Major pharmaceutical and biotech players are increasingly involving in mergers, acquisitions, and strategic partnerships with the participants operating in this market in order to venture into it and strengthen their product portfolio.
Browse Research Report: http://www.transparencymarketresearch.com/proteomics-market.html
Recently, Sygnis, a pharma company, announced its plans to acquire Expedeon Holdings, a proteomics reagents and tools manufacturer. After the merger, the Expedeon’s offerings will be added to the SYGNIS’ product portfolio, which is currently focused on next-generation sequencing and molecular biology. The pharma company said that it will fund the deal with around US$5.7 mn from a planned offering of approximately 20.5 million shares.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact Us
Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Market for Reagents, Research Kits and Analytical Instruments for Genomics and Proteomics Gains from Increasing Investments for Research here
News-ID: 401865 • Views: …
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during…
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the…
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016.
The global dental membrane and bone graft substitutes market is expected to…
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period.
By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment…
More Releases for Transparency
transparency market research
The global Custom Antibody Market market is estimated to attain a valuation of US$1 Billion by the end of 2033, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 0.085% during the forecast period, 2023 to 2033.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading…
Transparency Market Research
A belt drive is a type of power transmission device which is a looped belt wound around a pair of pulley so as to transmit power between two or more rotating shafts. Compared to other power transmitting devices, belt drives are more preferred in mechanical industry due to easy installation, numerous speed ratio selections, less power loss and comparative low price. Belt drive protects the rotating machinery from overload fluctuations…
Transparency Market Research
An ultrasonic motor is an electric motor which is driven by the ultrasonic vibration of a component. The stator of the motor is supported by piezoelectric components in ultrasonic frequency range which produces different types of vibrations depending on its arrangement. In other words, ultrasonic motor is a type of electric motor that transforms ultrasonic physical vibrations to linear motion, produced by a piezo-transducer. Ultrasonic motors therefore do not use…
More transparency in Engineering IT
CPO certification helps evaluate openness of IT systems
Digitalization is making openness in the linking of IT solutions increasingly important. The Code of PLM Openness (CPO), developed by the ProSTEP iViP Association, supplies a concrete approach for achieving precisely that. Fraunhofer IAO has now developed an effective certification for companies, which helps them comply with the CPO criteria.
Industrie 4.0 requires intensified collaboration between various tools and systems. Only when…
eDataCenterAnalyzer Increases Transparency in Data Centers
30 June 2016. Walldorf, Germany. – fluid Operations™ AG (fluidOps), a leader in semantic technologies, today launched eDataCenterAnalyzer™, an app that increases transparency in data centers. With the launch of this app and new releases of its Smart Data Platform Information Workbench™ and cloud management app eCloudManager™, the company has set the cornerstone for the future development of its product portfolio.
eDataCenterAnalyzer combines the full functionality of Information Workbench with innovative…
Transparency across the entire process chain
Leitner Spedition implements best4log-x
• Austrian trucking company uses arvato Systems solution
• End-to-end process management provides higher efficiency
(arvato Systems) Gütersloh / Unterpremstätten – Since the beginning of 2015, the Austrian trucking company Leitner Spedition has been working with the best4log-x transport management system. This SAP-based solution from arvato Systems provides an integrated digital information flow and supports mid-sized companies in achieving a transparent process design. Controlling and Reporting have seen a…
