The chromatography segment of the biochemical reagents
market accounts for the largest market share, owing to its wide range of
applications such as separation of biomolecules and chemical molecules, protein
purification, and diagnostics. Major players in the biochemical reagents market
are partnering with other players to expand their presence in various regions
and enhance their biochemical reagents product portfolio. In addition,
governments of many developed nations are funding research and development activities
of biochemical reagents.
The Asia-Pacific market for biochemical reagents is expected
to grow during the forecast period, owing to the developed healthcare and
diagnostic infrastructure and the growing number of biotechnology and
biopharmaceutical companies.
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North America dominates the biochemical reagents market with
the US being the major contributor. This growth is due to increased investment
in biotechnology and healthcare sector in the country due to the presence of
many biopharmaceutical companies.
Focus of key players on research and development in the
field of biochemical reagents is acting as a major driver for the biochemical
reagents market. These key players focus on expanding the applications of
biochemical reagents in the healthcare and life science sectors. In addition,
biochemical reagents are used in advanced analytical technologies in the field
of biotechnology, including next-generation gene sequencing and polymerase
chain sequencing. Advances in these technologies over the past few years have
helped boost the market. Many biochemical reagents are used for imaging and
diagnosis of chronic diseases. Hence, the rise in chronic disease cases is one
of the key factors contributing to the growth of the biochemical reagents
market.
Key Advantages:
·
Analytical depiction of Biochemical Reagents
industry to determine current trends and future estimated investment potential
pockets.
·
Information related to key drivers, restraints,
and opportunities is presented in this report along with a detailed analysis of
the market segment.
·
The current market is quantitatively analyzed to
highlight the growth scenario from 2020 to 2030.
·
The report provides a detailed analysis based on
the competitive intensity and how the competition will shape up in the coming
years.
Top Leading Players:
·
Thermo Fisher Scientific
·
Abbott Laboratories,
·
Agilent Technologies Inc.,
·
Beckton Dickinson and Company,
·
Bio-Rad Laboratories,
·
Merck KGaA,
·
Waters Corporation,
·
Siemens Healthineers,
·
F. Hoffmann-La Roche Ltd,
·
Johnson and Johnson,
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