global-biotechnology-reagents-market-industry
Published

June 2017

Global Biotechnology Reagents Market Growth, Trends and Forecasts (2017-2022)

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The Global market for Biotechnology Reagents is expected to reach $81.2 billion by the end of 2021 growing at a CAGR of around 7.4% from 2016 to 2021. Biotechnology reagent is a chemical substance that is added to the system in order to bring about a chemical reaction. The biotechnology reagents are mainly used in the field of research, diagnosis, genetics, education and commercial applications. The market is growing at a great pace due to large number of companies investing in the manufacturing segment of reagents. The market is further growing because of advancement in the techniques of production leading to a rise in the manufacturing capacity.

North America is considered to have the largest market share due to faster approvals for the newly invented reagents. The Global Biotechnology Reagents Market is segmented on the basis of Type (DNA Sequencing reagents, Flow Cytometry reagents, Immunoassay reagents, Hematology reagents, PCR reagents, Chromatography reagents, Cell & Tissue Culture reagents, Protein Synthesis reagents, Electrophoresis reagents and Mass Spectrometry reagents.

Drivers

Huge investments by private players in research & development, stem cell research on a rise, rise in the number of market players and increase in the use reagents in commercial and research fields are some of the factors augmenting the market growth.

Challenges

Advancement in technology of automated instrumentation will lead to a fall in demand of reagents and lack of skilled personnel to handle the reagents are hampering the growth of the market.

What the report offers:

  • Market Definition for the specified topic along with identification of key drivers and restraints for the market.
  • Market analysis for the Global Biotechnology Reagents Market, with region specific assessments and competition analysis on a global and regional scale.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.
  • Identification and analysis of the Macro and Micro factors that affect the Global Biotechnology Reagents Market on both global and regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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