Global Biotechnology Reagents Market 2020 with Covid-19 Impact on Market Size, Share, Global Growth, Trends, Emerging Factors | Abbott, Agilent Technologies Inc., Danaher, BD, Bio-Rad Laboratories Inc., General Electric
Data Bridge Market Research has recently added a concise research on the Global Biotechnology Reagents Market to depict valuable insights related to significant market trends driving the industry. Global Biotechnology Reagents Market research report has been produced with the systematic gathering of market information for industry. All this information is supplied in such a way that it properly gives explanation of various facts and figures to the business. The market data provided in this report helps to discover diverse market opportunities present worldwide for industry. This report gives accurate information about market trends, industrial changes, and consumer behaviour etc. Taking up such market research report is always very advantageous for any company, whether it is a small scale or large scale, for marketing of products or services. Analytical study of Global Biotechnology Reagents Market report helps in mapping growth strategies to increase sales and build brand image in the market.
Global biotechnology reagents market is expected to rise from its initial estimated value of USD 65.82 billion in 2018 to an estimated value of USD 118.53 billion by 2026, registering a CAGR of 7.63% in the forecast period of 2019-2026. This rise in market value can be attributed to the significant investments by private players in biotechnology.
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Key Market Competitors:
Few of the major competitors currently working in the biotechnology reagents market are Abbott, Agilent Technologies Inc., Danaher, BD, Bio-Rad Laboratories Inc., General Electric, bioMérieux SA, LONZA, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Hoefer, Inc., Meridian Bioscience, Inc., PerkinElmer Inc., Merck KGaA, Promega Corporation, Quality Biological, Siemens AG, Bio-Techne, TAKARA HOLDINGS INC., Sysmex Corporation, Tosoh Corporation, WATERS, W. R. Grace & Co.-Conn., Ortho Clinical Diagnostics, Olympus Corporation and Fitzgerald Industries International among others.
The persuasive Global Biotechnology Reagents Market research report provides a comprehensive analysis on the study of industry with respect to a number of aspects. The report includes analysis and discussion of important industry trends, market size, and market share estimates. 2019 has been considered as the base year while 2018 is the historic year for calculations in the report. These calculations will provide estimations about how the Global Biotechnology Reagents Market is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are. A comprehensive Global Biotechnology Reagents Market report additionally encompasses predictions utilizing a practical arrangement of techniques.
Global biotechnology reagents market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of biotechnology reagents market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Biotechnology Reagents Market
Biotechnology reagents are the substances or compounds used to detect or synthesize another substance in order to provide a test reading. These reagents are used in the field of research, genetics, molecular biology, diagnosis, immunology and bioscience. Biotechnology reagents comprises of technologies such as cell culture, spectrometry, IVD, PCR, chromatography, expression and transfection, flow cytometry, and electrophoresis, and find their application in areas such as immune phenotyping, fluorescent microscopy, DNA analysis and cell cycle analysis.
According to the Innovative Research, in U.S., around 65% of biotech companies are involved in drug developed with an intention to serve them for medical purposes and pharmaceuticals. Growing number of biotechnology firms in various countries is expected to act as a driver for the market growth.
Global Biotechnology Reagents Market By Technology (Life Sciences, Analytical), Applications (Protein Synthesis & Purification, Gene Expression, DNA & RNA Analysis, Drug Testing), Geography (North America, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends & Forecast to 2026
- Increasing interest in stem cell research
- Increasing usage of reagents in commercial and research fields
- Stringent government regulations for the approval of reagents
- High cost of reagents will act as a restraint for the market
Table of Contents
- Report Overview: It includes major players of the Global Biotechnology Reagents Market covered in the research study, research scope, and Market segments by type, market segments by application, years considered for the research study, and objectives of the report.
- Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the Global Biotechnology Reagents Market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the Global Biotechnology Reagents Market are discussed.
- Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.
- Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.
- Market Size by Application: Besides an overview of the Global Biotechnology Reagents Market by application, it gives a study on the consumption in the global market by application.
- Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.
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Segmentation: Global Biotechnology Reagents Market
- By Technology
- Life Sciences
- By Applications
- Protein Synthesis & Purification
- Gene Expression
- DNA & RNA Analysis
- Drug Testing
Key Developments in the Market:
- In March, 2019, Thermo Fisher acquired Brammer Bio for approximately $1.7 billion in cash. This acquisition is designed to gain buyer’s presence in gene therapy with the viral vector contract development and manufacturing organization (CDMO).
- In February 2019, Bio-techne signs a strategic cooperation agreement in the precision medicine field with Lisen Imprinting Diagnostics. This agreement will help both the companies to accelerate the development of molecular diagnostics in the Chinese market.
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Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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