Oct 19, 2017   SOURCE: BusinessWire

Molecular Biology Enzymes and Kits & Reagents Market - Global Forecast to 2022 - Research and Markets

The "Molecular Biology Enzymes and Kits & Reagents Market by Product, Application, End User and Region - Global Forecast to 2022" report has been added to Research and Markets' offering.

The global molecular biology enzymes and kits & reagents market is projected to reach USD 13.60 billion by 2022 from USD 6.52 billion in 2017, at a CAGR of 15.8% during the forecast period.

The key factors driving the growth of this market include increased research activities and R&D investments in the life science industry, rising number of genome projects, technological advancements in the life science industry, and rising incidence of infectious diseases & genetic disorders. However, limited reimbursements for genetic testing is expected to restrain the growth of this market during the forecast period.

Based on application, the market is segmented into polymerase chain reaction (PCR), sequencing, cloning, epigenetics, restriction digestion, synthetic biology, and other applications (mutagenesis, in vitro transcription, and molecular labeling & detection). The sequencing segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing DNA sequencing with growth in genomic research, rapid technological advancements, decreasing costs of sequencing, and growing use of whole-genome sequencing and personalized genome sequencing.

Market Drivers:

  • Increased Research Activities and R&D Investments in the Life Science Industry.
  • Growing Number of Genome Projects.
  • Technological Advancements in the Life Science Industry.
  • Rising Incidence of Infectious Diseases and Genetic Disorders.

Companies Mentioned:

  • Agilent Technologies, Inc.
  • Bio Basic Inc.
  • F. Hoffmann-La Roche Ltd
  • Illumina, Inc.
  • Jena Bioscience GmbH
  • Merck KGaA
  • Molecular Biology Resources, Inc.
  • New England Biolabs
  • Promega Corporation
  • Qiagen N.V.
  • Takara Bio, Inc.
  • Thermo Fisher Scientific, Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Molecular Biology Enzymes and Kits & Reagents Market, By Product

7 Molecular Biology Enzymes and Kits & Reagents Market, By Application

8 Molecular Biology Enzymes and Kits & Reagents Market, By End User

9 Molecular Biology Enzymes and Kits & Reagents Market, By Region

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/zpnzfk/molecular_biology