Life science and analytical
reagents are those compounds and substances which are used to detect and create
a new substance with the purpose of making them available for test reading and
are also known as biotechnology reagents. Such reagents are significant in the
areas of research, bioscience, diagnosis and education.
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This market is driven by
factors such as expansion in the use of reagents in the field of therapeutics,
growth in research and rapid commercialization of such products. The growth in
the field of biotechnology instrumentation also influences the demand for
reagents. With the growing number of maarket players in the field of
biotechnology reagents, it is expected that this market will witness rapid
development.
At present, considering the
vast scope of biotechnology reagents, the market players are heavily investing
in research and development of such products. As a result the demand for life
science and analytical reagents is estimated to grow rapidly. Recurrent product
development in the areas of pharmaceuticals, agriculture biotech and food will
further assist in augmenting the growth of this market.
The overall life sciences and
analytical reagents market can be classified on the basis of technology,
applications and the end users of such products. The technology segment can be
further classified as analytical reagents and life science reagents. Among
these, the largest market share is estimated to be of the life science reagents
segment.
The applications market can be further divided into sub segments such
as DNA and RNA analysis, protein synthesis and purification, drug testing and
gene expression. North America is considered the prime geographic market for
the life sciences and analytical reagents industry. However, fastest growth
will be observed in the Asian market.
Some of the major players in
the biotechnology market are Life Technologies, Thermo Fischer Scientific,
Bio-Rad, Water Corporation, Roche, Abbott and others.
This research report analyzes
this market depending on its market segments, major geographies, and current
market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report
provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study
of current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of
recent developments in technology, Porter’s five force model analysis and
detailed profiles of top industry players. The report also includes a review of
micro and macro factors essential for the existing market players and new
entrants along with detailed value chain analysis.
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