Global Biotechnology Reagents Market 2020-2024
Technavio has been monitoring the biotechnology reagents market and it is poised to grow by $ 37.87 bn during 2020-2024 progressing at a CAGR of 8% during the forecast period. Our reports on biotechnology reagents market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the presence of high-throughput and novel technologies and high usage of biotechnology reagents in diagnostic and therapeutic applications. In addition, the presence of high-throughput and novel technologies is anticipated to boost the growth of the market as well.
The biotechnology reagents market analysis includes technology segments and geographic landscapes
Technavio's biotechnology reagents market is segmented as below:
- In-vitro diagnostics
- Polymerase chain reaction
- Cell culture
By Geographic Landscapes
- North America
This study identifies the increasing R&D investments by federal agencies and biotechnology firms as one of the prime reasons driving the biotechnology reagents market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our biotechnology reagents market covers the following areas:
- Biotechnology reagents market sizing
- Biotechnology reagents market forecast
- Biotechnology reagents market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biotechnology reagents market vendors that include Abbott Laboratories, Agilent Technologies Inc., Becton, Dickinson and Co., Bio-Rad Laboratories Inc., Danaher Corp., F. Hoffmann-La Roche Ltd., General Electric Co.Merck KGaA, PerkinElmer Inc., and Thermo Fisher Scientific Inc. Also, the biotechnology reagents market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.