Biotechnology Reagents Market 2020 with Growth, Share, Demand, Global Production with Revenue Share, and Applications Forecast to 2024 – PRnews Leader
Therefore, high costs act as a barrier for the market studied. Stringent government regulations for the approval of reagents are also expected to lead to a fall in the demand for reagents and lack of skilled personnel to handle the reagents, thereby hampering the growth of the market stud
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Key Market Trends:
Chromatography is Expected to Hold Significant Market Share in the Type of Analytical Reagents
Chromatography is a separation technique mainly used in drug discovery to validate the specificity, sensitivity, and purity of drugs. Chromatographic procedures have been largely used for analytical procedures and methods validation for drugs and biologics. Chromatographic techniques provide accurate results to validate characters, such as specificity, linearity, accuracy, precision, range, quantitation limit, and detection limit of various drugs. Chromatography reagents are used in a variety of applications, including high-performance liquid chromatography (HPLC), ion chromatography, flash chromatography, and complexometric titration. These reagents provide more precise, cost-effective separations, superior reproducibility, and accurate results in all forms of analytical chromatography. Since the chromatography techniques are well-established across the world, the demand for their reagents are consistently high for various pathological and academic purposes.
North America Dominates the Market and is Expected to Dominate in the Forecast Period
North America dominates the biotechnology reagents market and incurs the highest expenditure for global R&D. The United States accounted for the largest share in 2018. The North American segment is on a rise, due to various ongoing research in biological sciences, considerable investments by various biotechnology companies, and the consistently increasing utilization of biotechnology reagents in the market. Owing 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.
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Detailed TOC of Biotechnology Reagents Market 2020-2024:
1 INTRODUCTION 1.1 Study Deliverables 1.2 Study Assumptions 1.3 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS 4.1 Market Overview 4.2 Market Drivers 4.2.1 High Research and Development Expenditure by Biotechnology Companies 4.2.2 Increasing Interest in Stem Cell Research 4.2.3 Rise in Number of Biotechnology Firms 4.3 Market Restraints 4.3.1 Stringent Government Regulations for Approval of Reagents 4.3.2 High Price of Biopharmaceuticals 4.4 Porters Five Force Analysis 4.4.1 Threat of New Entrants 4.4.2 Bargaining Power of Buyers/Consumers 4.4.3 Bargaining Power of Suppliers 4.4.4 Threat of Substitute Products 4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION 5.1 Technology 5.1.1 Life Science Reagents 5.1.1.1 PCR 5.1.1.2 Cell Culture 5.1.1.3 Hematology 5.1.1.4 In-vitro Diagnostics 5.1.1.5 Others 5.1.2 Analytical Reagents 5.1.2.1 Chromatography 5.1.2.2 Mass Spectrometry 5.1.2.3 Electrophoresis 5.1.2.4 Flow Cytometry 5.1.2.5 Other Analytical Reagentss 5.2 Application 5.2.1 Protein Synthesis and Purification 5.2.2 Gene Expression 5.2.3 DNA and RNA Analysis 5.2.4 Drug Testing 5.2.5 Other Applications 5.3 Geography 5.3.1 North America 5.3.1.1 United States 5.3.1.2 Canada 5.3.1.3 Mexico 5.3.2 Europe 5.3.2.1 Germany 5.3.2.2 United Kingdom 5.3.2.3 France 5.3.2.4 Italy 5.3.2.5 Spain 5.3.2.6 Rest of Europe 5.3.3 Asia-Pacific 5.3.3.1 China 5.3.3.2 Japan 5.3.3.3 India 5.3.3.4 Australia 5.3.3.5 South Korea 5.3.3.6 Rest of Asia-Pacific 5.3.4 Middle East & Africa 5.3.4.1 GCC 5.3.4.2 South Africa 5.3.4.3 Rest of Middle East & Africa 5.3.5 South America 5.3.5.1 Brazil 5.3.5.2 Argentina 5.3.5.3 Rest of South America
6 COMPETITIVE LANDSCAPE 6.1 Company Profiles 6.1.1 Abbott Laboratories 6.1.2 Agilent Technologies 6.1.3 Beckman Coulter 6.1.4 Becton Dickinson & Company 6.1.5 Bio-Rad Laboratories 6.1.6 GE Healthcare 6.1.7 Siemens Healthcare 6.1.8 Sigma Aldrich Corporation 6.1.9 Thermo Fisher Scientific Inc. 6.1.10 Waters Corp.
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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Biotechnology Reagents Market 2020 with Growth, Share, Demand, Global Production with Revenue Share, and Applications Forecast to 2024 - PRnews Leader