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(IT-NEWSWIRE.COM, November 27, 2018 ) Browse 88 Market Data Tables and 33 Figures spread through 174 Pages and in-depth TOC on "Molecular Biology Enzymes Market"
https://www.marketsandmarkets.com/Market-Reports/molecular-biology-enzymes-kits-reagents-market-164131709.html
Early buyers will receive 10% customization on this report.
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 and genetic disorders.
However, the privacy concerns related to genetic information and limited reimbursements for genetic testing may hinder the growth of this market to a certain extent.
Research Methodology
Top-down and bottom-up approaches were used to validate the size of the global molecular biology enzymes and kits & reagents market and estimate the size of other dependent submarkets.
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Various secondary sources such as, Biotechnology and Biological Sciences Research Council, European Federation of Biotechnology, Genome Canada, National Human Genome Research Institute, World Health Organization, Federation of Asian and Oceanian Biochemists and Molecular Biologists, World Intellectual Property Organization, Press Releases, directories, industry journals, databases, and annual reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market.
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 rate during the forecast period primarily due 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. In 2017, the PCR segment is expected to hold the largest share owing to high demand for PCR equipment by a majority of end users.
Based on end user, the market is segmented into academic & research institutes, pharmaceutical & biotechnology companies, hospitals & diagnostic centers, and other end users (contract research organizations, food & beverage companies, and forensic agencies). The hospitals & diagnostic centers segment is expected to grow at the highest CAGR during the forecast period. This can be attributed to the increasing adoption of molecular diagnostics and the rising prevalence of disorders that require molecular biology assays (that use kits) for diagnosis.
The geographic segments in this report include North America, Europe, Asia Pacific, and RoW. Of these, the North American segment is expected to account for the largest share of the market in 2017. The large share of this segment can primarily be attributed to the increasing research funding for genomics research, rising number of pharmaceutical and biotechnology companies, increasing prevalence of conditions involving molecular diagnostics, and rising investments in research projects in Canada.
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The major players in the global molecular biology enzymes and kits & reagents market are Thermo Fisher (US), Merck (Germany), Illumina (US), QIAGEN (Netherlands), New England Biolabs (US), Promega (US), Agilent (US), Roche (Switzerland), Takara Bio (Japan), Bio Basic (Canada), Jena Bioscience (Germany), and Molecular Biology Resources (US).
Target Audience:
# Molecular Biology Enzymes and Kits & Reagents Manufacturers and Vendors
# Associations Related to Molecular Biology Enzymes and Kits & Reagents
# Contract Research Organizations (CROs)
# Research Institutes and Academic Centers
# Pharmaceutical and Biopharmaceutical Companies
# Business Research and Consulting Service Providers
# Venture Capitalists
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MarketsandMarkets
Mr. Shelly Singh
1-888-600-6441
sales@marketsandmarkets.com
Source: EmailWire.Com 
Source: EmailWire.com
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