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Restriction Endonucleases Products (REP) Market Forecast Report Offers Actionable Insights 2015 - 2023

01-02-2018 01:01 PM CET | Health & Medicine

Press release from: Transparency Market Research

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Restriction Endonucleases Products (REP) Market Forecast

Restriction endonucleases, more commonly known as restriction enzymes, are a specific type of enzymes that hold the capability of cutting through a DNA molecule at a given location. Restriction enzymes currently are a core component of DNA recombinant technology and are used to scan a DNA molecule in order to search for specific sequences that commonly comprise six or four nucleotides. Upon locating the required DNA sequences, the restriction endonucleases products halt and begin to cut the strand, a process which is known at enzyme digestion. In the case of double stranded DNA sequences, the restriction endonucleases for the DNA can be done on both the strands. There are instances when the cuts can be blunt. Restriction endonucleases are generally segmented on the basis of types, into cofactor requirement, sequence specificity, cleavage position, and subunit composition. Type one restriction enzymes are generally complex and multisubunits. They cut DNA randomly and are usually far away from their common recognition sequences. Type two enzymes are able to cut DNA at locations within their recognition sequences or within a certain error limit. Type three restriction endonucleases are large combination enzymes that cleave outside of their recognition sequences.

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Restriction endonucleases (RE), the enzymes extracted from bacteria and capable of cleaving both strands of DNA in a site-specific manner, have over the years of their use become a fundamental tool of molecular biology. The number of characterized restriction endonucleases has considerably increased in the past few years, with the market now featuring an increasing number of vendors and extensive product lines. Although there has been a significant rise in the amount of understanding about the diversity, operational mechanism, and genomic organization of restriction endonucleases products of late, these continue to remain active areas of research. This report on the global market for restriction endonucleases products presents a detailed overview of the market at global as well as regional levels. The future growth prospects of the market have been forecast over the period between 2015 and 2023. The market has been analyzed on the basis of factors such as drivers, restraints, trends, and growth opportunities, which are expected to have a notable impact on the overall development of the market over the said period.

From a geographical standpoint, the market for restriction endonucleases products has been examined across regions such as North America, Europe, Asia Pacific, and Middle East and Africa. Of these, the markets in Europe and North America have dominated the global market in terms of revenue contribution owing to the presence of a well-established molecular biology industry. The immense pace of research and development activities owing to the presence of a large number of pharmaceutical and biotechnology companies in the regions is a key factor attributable to their dominance in the global restriction endonucleases products market.

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In the next few years, the market is expected to witness a significant rise in growth opportunities across regions such as Asia Pacific, Africa, and Latin America. The key factors driving the market for restriction endonucleases products in these regions are favorable government policies aimed at the development of industries such as biotechnology and pharmaceuticals. Some of the leading players operating in the global restriction endonucleases products market profiled in the report are Promega Corporation, New England Biolabs, ThermoFisher Scientific, Inc., Agilent Technologies, Inc., and Genetix Biotech Asia Pvt. Ltd., Inc.

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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends 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. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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