Global Life Science Reagents Market – Industry


Posted February 12, 2020 by mkashid

Global Life Science Reagents Market was valued US$ 35.6 Bn in 2018 and is expected to reach 72.3 Bn by 2026, at a CAGR of 9.26 % during a forecast period.

 
Global Life Science Reagents Market was valued US$ 35.6 Bn in 2018 and is expected to reach 72.3 Bn by 2026, at a CAGR of 9.26 % during a forecast period.

Life science reagents play a critical role in producing and testing various products such as pharmaceutical products, cell-based products, and several other healthcare-related solutions. The development of the global life science reagents market is accredited to the increase in the global geriatric population, which is further disposed to different types of infectious diseases. Furthermore, the rise in the occurrences of infectious diseases and technical advancements, the life science industry are enhancing the growth of the global life science reagents market. North America led the global life science reagents market in 2018, and this trend is projected to continue during the forecast period too. This is accredited to the increase in research and development activities in the region, which drive the demand for life science reagents to perform various research activities during forecast period.

Global Life Science Reagents Market: Drivers and Restraints

Technological developments in the field of life sciences and biotechnology have caused numerous changes in healthcare diagnostics, drug discovery, personalized medicines, forensic sciences, and clinical research & development. These driving the growth of the life science reagents market during forecast period. Moreover, the diagnosis of infectious and chronic diseases is key leading applications of in-vitro diagnostics. Life science reagents, both (biological and chemical reagents) are essential and dynamic parts of the any diagnostic test, these increase the demand for life science reagents.




On the basis of end user, the hospitals & diagnostic laboratories segment is projected to be a highly profitable segment of the global life science reagents market during the forecast period. The segment is probable to be driven by an increase in the number of diagnostic tests during forecast period.

Global Life Science Reagents Market: Regional Analysis

In geographical area, North America lead the global life science reagents market in 2018, followed by Europe. The region accounted for a key share of the global life science reagents market in 2018, owing to high research and development activities in the region. The life science reagents market in Asia Pacific is anticipated to expand at a high CAGR (XX %) during the forecast period. This can be accredited to the growth in healthcare expenditure and large patient population, particularly in countries such as India and China, in the region which leads to increase in demand for life science reagent market.

The objective of the report is to present comprehensive assessment projections with a suitable set of assumptions and methodology. The report helps in understanding Global Life Science Reagents market dynamics, structure by identifying and analyzing the market segments and projecting the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, growth strategies, and regional presence. To understand the market dynamics and by region, the report has covered the PEST analysis by region and key economies across the globe, which are supposed to have an impact on market in forecast period. PORTER’s analysis, and SVOR analysis of the market as well as detailed SWOT analysis of key players has been done to analyze their strategies. The report will to address all questions of shareholders to prioritize the efforts and investment in the near future to the emerging segment in the Global Life Science Reagents market.

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Scope of Global Life Science Reagents Market

Global Life Science Reagents Market, by Product

• Chromatography Reagents
• Molecular Diagnostic Reagents
• Immunoassay Reagents
• Clinical Chemistry Reagents
• Flow Cytometry Reagents
• Cell & Tissue Culture Reagents
• Hematology & Hemostasis Reagents
• Microbiology Reagents
• Others
Global Life Science Reagents Market, by End-User

• Hospitals & Diagnostics Laboratories
• Commercial & Contract Research Manufacturers
• Academic & Research Institutes
• Others
Global Life Science Reagents Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Life Science Reagents Market

• F. Hoffmann-La Roche AG
• Danaher Corporation
• Abbott
• Siemens Healthineers
• DiaSorin S.p.A
• Sysmex Corporation
• bioMerieux SA
• Thermo Fisher Scientific, Inc.
• BD
• Merck KGaA
• Agilent Technologies, Inc.
• Waters Corporation.
• Roche
• BioMerieux
• Bio-Rad Laboratories
• Lonza Group
• PerkinElmer
• Meridian Life Science

This Report Is Submitted By @ Maximize Market Research Company

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Last Updated February 12, 2020