The Global Lifescience Reagent Market, by Product Type (Chromatography Reagents, Signal Transduction Reagents, PCR Reagents, Biochemical Reagents, Electrophoresis Reagents, Cell Culture Reagents, Flow Cytometry Reagents and Others), by End User (Contract Research Manufacturers, Academic and Research Institute, Diagnostics Laboratory, and Others), and by Region (Latin America, Europe, Asia Pacific, North America, Africa, and Middle East), was worth US$ 33,754.0 million in 2017 and is expected to grow at a CAGR of 7.3 percent over the next five years (2018 – 2026).
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The expansion of the worldwide lifescience reagent market is being aided by an increase in the number of lifescience research institutes. For example, UMass Amherst (University of Massachusetts Amherst) established the Institute for Applied Lifesciences in October 2016. (IALS). IALS is a lifesciences laboratory research facility with research facilities and cutting-edge technology for collaborative research and development with industry partners to develop innovative methodologies and technologies that may be turned into commercial services and products.
Manufacturers are working on biological reagents for a variety of research applications, which is projected to propel the global lifescience reagent market forward. Bio-Rad Laboratories, Inc., for example, released SsoAdvanced PreAmp Supermix and PrimePCR PreAmp Assays in June 2014. SsoAdvanced PreAmp Supermix is a new reagent that allows researchers to stretch their restricted nucleic acid samples by providing unbiased, target-specific preamplification of cDNA or genomic DNA (gDNA). PrimePCR PreAmp tests are preamplification primers that have been wet-lab validated and work in conjunction with the supermix to enable effective preamplification for real-time polymerase chain reactions (PCR). Furthermore, biotechnology and pharmaceutical companies are focused on acquisitions to expand their lifescience product portfolios, resulting in a growth of global lifescience reagent market share. Lucigen Corporation, a creator, manufacturer, and seller of molecular biology enzymes, reagents, and kits, was acquired by LGC Limited in February 2018. LCG is projected to strengthen its reagents offering as a result of this acquisition, gaining access to the next-generation sequencing (NGS) and gene editing industries.
Key Takeaways:
Due to an increase in lifescience research to investigate human biology, the worldwide lifescience reagent market is estimated to grow at a CAGR of 7.3 percent during the projected period (2018–2026).
Because of the increasing number of product launches for genomic reagents, genomic reagents are likely to hold a large share in the lifescience reagent market over the forecast period. New England Biolabs, for example, introduced the NEBNext Direct Custom Ready Panels in July 2018. The company’s NEBNext Direct target enrichment technology is used in conjunction with the new panels.
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Overview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Market Trends
- Key Developments
- Technology Advancements
- Historical Overview
- Merger and Acquisition
- Regulatory Scenario
- PORTER’S Five Forces
- PEST Analysis
- Market Dynamics
- Global Lifescience Reagent Market, By Product Type, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Biochemical Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Cell Culture Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Genomic Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Chromatography Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Flow Cytometry Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- PCR Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Electrophoresis Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Signal Transduction Reagents
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
- Global Lifescience Reagent Market, By End User, 2016 – 2026, (US$ Million)
- Introduction
- Market Share Analysis, 2018 and 2026 (%)
- Y-o-Y Growth Analysis, 2017 – 2026
- Segment Trends
- Diagnostics Laboratory
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Contract Research Manufacturers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Academic and Research Institute
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
- Introduction
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