Molecular Weight Marker Market To Witness Growth Based On Increasing Focus On Molecular Biology Research Till 2025: Grand View Research, Inc.
The global molecular weight marker market is expected to
reach a value of USD 1.1 billion by 2025, according to a new report by Grand
View Research, Inc. Increasing investment in R&D by companies including
biotechnology and biologics is the major factor that drives the growth during
the forecast period. These markers are used by researchers and companies for
various applications such as polymerase chain reaction (PCR), northern
blotting, southern blotting, and molecular cloning. Thus, the increasing
application of these products in R&D is expected to boost growth.
Increasing focus on molecular
biology research is another major factor supporting the growth of the molecular
weight marker market. Molecular biology research is important to understand
interactions between the different systems of a cell, including DNA, RNA, and
protein biosynthesis & regulation. Thus, these research activities are very
high in developed countries and are growing at a high pace in developing
countries including China and India. Hence, there is a growing demand for molecular
weight marker for research activities, which is expected to fuel the growth.
U.S. molecular weight marker
market, by product, 2014 - 2025 (USD Million)
Browse full research report on
Molecular Weight Marker Market
Further key findings from the
report suggest:
- DNA markers
was the largest revenue-generating segment of the molecular weight marker
market in 2016 and is also expected to showcase the fastest growth during
forecast period
- In the
application segment, nucleic acid accounted for the largest share in 2016,
owing to the large application of DNA markers in PCR, sequencing, northern
blotting, southern blotting, and molecular cloning
- The academic
and research institutes dominated the molecular weight marker market in
terms of revenue in 2016, due to the large focus on molecular biology and
other related research activities
- The North
America molecular weight market is the leading regional sector and
accounted for the largest revenue share in 2016, mainly due to the
existence of large number of research laboratories and biotechnology
companies in this region
- The Asia
Pacific market is projected to grow at a highest growth rate during the
forecast period. The developing healthcare infrastructure and escalating
interest on molecular research in the Asian countries such as India and
China is a major factor contributing to the growth in this region
- Some of the
major players include Thermo Fisher Scientific, Inc.; F Hoffmann-La Roche
Ltd.; Merck KGaA; Agilent Technologies; QIAGEN; TAKARA BIO, INC.; Bio-Rad
Laboratories, Inc.; Promega Corporation; and New England Biolabs
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
Comments
Post a Comment