Biotechnology Reagents Market Size, Growth | Forecast Report 2023-2028

IMARC Group, a leading market research company, has recently releases report titled “Biotechnology Reagents Market Report by Technology (Life Science Reagents, Analytical Reagents), Application (Protein Synthesis and Purification, Gene Expression, DNA and RNA Analysis, Drug Testing, and Others), and Region 2023-2028” The study provides a detailed analysis of the industry, including the global biotechnology reagents market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the biotechnology reagents market?

The global biotechnology reagents market size reached US$ 78,719 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 126,677 Million by 2028, exhibiting a growth rate (CAGR) of 8.50% during 2023-2028.

What are the biotechnology reagents?

Biotechnology reagents are specialized chemicals essential for research, diagnostics, and various biotechnological applications. These reagents play a critical role in life science research, including DNA sequencing, PCR, cell culture, and protein synthesis, providing the necessary conditions for chemical reactions to occur and offering accurate results. Formulated to meet stringent quality standards, biotechnology reagents ensure the efficacy and reliability of experiments and tests. They are widely used across a broad range of sectors, including pharmaceuticals, healthcare, environmental monitoring, and academic research. At present, biotechnology finds extensive applications as an indispensable component in modern labs, promoting advancements in the fields of medicine, agriculture, and industrial processes.

Request for a sample copy of this report: https://www.imarcgroup.com/biotechnology-reagents-market/requestsample

What are the growth prospects and trends in the biotechnology reagents industry?

The global biotechnology reagents market is primarily driven by advancements in biotechnological research and an increase in healthcare expenditure. Moreover, the rise in demand for diagnostics, especially in the wake of infectious diseases, has propelled the need for high-quality reagents. Along with this, there is a growing focus on personalized medicine, which relies on biotechnological processes and, subsequently, on high-quality reagents for accurate results. Additionally, emerging trends such as the utilization of CRISPR technology for gene editing and the growing adoption of synthetic biology techniques are fueling the market growth. Furthermore, the increasing number of biotechnology firms and the expansion of academic research capabilities worldwide are other factors favoring market growth.

What is included in market segmentation?

The report has segmented the market into the following categories:

Technology Insights:

• Life Science Reagents
  • PCR
  • Cell Culture
  • Hematology
  • In-Vitro Diagnostics
  • Others
• Analytical Reagents
  • Chromatography
  • Mass Spectrometry
  • Electrophoresis
  • Flow Cytometry
  • Others

Application Insights:

• Protein Synthesis and Purification
• Gene Expression
• DNA and RNA Analysis
• Drug Testing
• Others

Breakup by Region:

• North America (U.S. Canada)
• Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
• Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
• Latin America (Brazil, Mexico)
• Middle East Africa

Who are the key players operating in the industry?

The report covers the major market players including:

• Agilent Technologies Inc.
• Beckman Coulter Inc. (Danaher Corporation)
• Becton Dickinson and Company
• bioMérieux SA
• Bio-Rad Laboratories Inc.
• Illumina Inc.
• Lonza Group AG
• Merck KGaA
• Meridian Bioscience Inc. (SD Biosensor)
• PerkinElmer Inc.
• Promega Corporation
• Thermo Fisher Scientific Inc.
• Waters Corporation

Ask Analyst for Customization and Browse full report with TOC List of Figure: https://www.imarcgroup.com/request?type=report&id=8220&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Email: [email protected]

Follow us on Twitter: @imarcglobal