Biotechnology reagents are the substances or compounds used to detect or synthesize another substance in order to provide a test reading. These reagents are used in the field of research, genetics, molecular biology, diagnosis, immunology and bioscience. Biotechnology reagents comprises of technologies such as cell culture, spectrometry, IVD, PCR, chromatography, expression and transfection, flow cytometry, and electrophoresis, and find their application in areas such as immune phenotyping, fluorescent microscopy, DNA analysis and cell cycle analysis.
According to the Innovative Research, in U.S., around 65% of biotech companies are involved in drug developed with an intention to serve them for medical purposes and pharmaceuticals. Growing number of biotechnology firms in various countries is expected to act as a driver for the market growth.
Global biotechnology reagents market is expected to rise from its initial estimated value of USD 65.82 billion in 2018 to an estimated value of USD 118.53 billion by 2026, registering a CAGR of 7.63% in the forecast period of 2019-2026. This rise in market value can be attributed to the significant investments by private players in biotechnology.

Market Drivers and Restraints:

Increasing interest in stem cell research

Increasing usage of reagents in commercial and research fields

Stringent government regulations for the approval of reagents

High cost of reagents will act as a restraint for the market

The major players covered in the Biotechnology Reagents Market

Few of the major competitors currently working in the biotechnology reagents market are Abbott, Agilent Technologies Inc., Danaher, BD, Bio-Rad Laboratories Inc., General Electric, bioMérieux SA, LONZA, F. Hoffmann-La Roche Ltd., Thermo Fisher Scientific Inc., Hoefer, Inc., Meridian Bioscience, Inc., PerkinElmer Inc., Merck KGaA, Promega Corporation, Quality Biological, Siemens AG, Bio-Techne, TAKARA HOLDINGS INC., Sysmex Corporation, Tosoh Corporation, WATERS, W. R. Grace & Co.-Conn., Ortho Clinical Diagnostics, Olympus Corporation and Fitzgerald Industries International among others.

Major TOC Of The Report

Chapter One: Biotechnology Reagents Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three:  Global Biotechnology Reagents Market  Competition, by Players

Chapter Four: Global Biotechnology Reagents Market Size by Regions

Chapter Five: North America Biotechnology Reagents Market Revenue by Countries

Chapter Six: Europe Biotechnology Reagents Market Revenue by Countries

Chapter Seven: Asia-Pacific Biotechnology Reagents Market Revenue by Countries

Chapter Eight: South America Biotechnology Reagents Market Revenue by Countries

Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Biotechnology Reagents Market    

Analysis of market effect factors and their impact on the forecast and outlook of the global Biotechnology Reagents Market    

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Biotechnology Reagents Market    

A roadmap of growth opportunities available in the global Biotechnology Reagents Market    with the identification of key factors

The exhaustive analysis of various trends of the global Biotechnology Reagents Market to help identify market developments

Key Questions Answered in Report:

What is the key to the Biotechnology Reagents Market?

What will the Biotechnology Reagents Market Demand and what will be Growth?

What are the latest opportunities for Biotechnology Reagents Market in the future?

What are the strengths of the key players?

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