The growing use of biotechnology reagents in therapeutics, commercial applications, and basic research is one of the foremost factors driving the global market. In addition, heavy investments in R&D activities, growing biomedical research, increasing number of biotechnology firms, and advancement in stem cell research have contributed to the growth of the biotechnology reagents market. The use of biotechnology reagents in the field of drug discovery is an emerging market where proteomics, DNA chips, combinatorial chemistry, and high throughput screening enjoy the spotlight. In contrast, high price of biopharmaceuticals is likely to restrain the growth of the biotechnology reagents market.
Contamination problems is one of the major factors hindering the biotechnology reagents market. Microbial contamination of incessant cell cultures by a varied diversity of microorganisms is challenging in cell culture laboratories globally, particularly by mycoplasma. The later can be problematic to distinguish, cultivate to high densities without hostile effect on cell morphology, and can influence a wide variability of cell purposes, including altering retort to therapeutics.
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 ongoing 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.
In 2018, the global Biotechnology Reagents market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Biotechnology Reagents status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Biotechnology Reagents development in United States, Europe and China.
The key players covered in this study
Thermo Fisher Scientific
Market segment by Type, the product can be split into
Pcr Cell Culture
Market segment by Application, split into
Dna And Rna Analysis
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Biotechnology Reagents status, future forecast, growth opportunity, key market and key players.
To present the Biotechnology Reagents development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Biotechnology Reagents are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.