Global Laboratory Reagents Market Trajectory & Analytics 2020-2027 - Next-Generation Sequencing Technologies Steer Demand for Highly Pure Reagents - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Laboratory Reagents - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Laboratory Reagents estimated at US$18.9 Billion in the year 2020, is projected to reach a revised size of US$26.5 Billion by 2027, growing at a CAGR of 5% over the analysis period 2020-2027.

Molecular Biology, one of the segments analyzed in the report, is projected to record a 6.1% CAGR and reach US$13.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Biochemistry (IVD) segment is readjusted to a revised 3.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $5.6 Billion, While China is Forecast to Grow at 4.6% CAGR

The Laboratory Reagents market in the U. S. is estimated at US$5.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2027 trailing a CAGR of 4.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.9% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Cell/Tissue Culture Segment to Record 4.7% CAGR

In the global Cell/Tissue Culture segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.3 Billion in the year 2020 will reach a projected size of US$1.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3 Billion by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Laboratory Reagents: An Introductory Prelude
• Recent Market Activity
• Growing Life Sciences R&D and Healthcare Spending Creates Conducive Environment for Laboratory Reagents
• Upward Trajectory in Med Tech Sector Generates Parallel Opportunities
• Developed Regions to Remain as Major Revenue Contributors
• Developing Regions: Hotspots for Future Growth
• Stable Economic Scenario to Keep Market Sentiment Intact in the Near Term
• Global Competitor Market Shares
• Laboratory Reagents Competitor Market Share Scenario Worldwide (in %): 2018 & 2029
• Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

• A.G. Scientific, Inc. (USA)
• Abbott Diagnostics (USA)
• Agilent Technologies, Inc. (USA)
• BD Biosciences (USA)
• Beckman Coulter, Inc. (USA)
• bioMerieux (France)
• Bio-Rad Laboratories, Inc. (USA)
• Exalpha Biologicals, Inc. (USA)
• F. Hoffmann-La Roche Ltd. (Switzerland)
• FUJIFILM Wako Pure Chemical Corporation (Japan)
• GE Healthcare (UK)
• Lonza Biologics Ltd. (Switzerland)
• Merck KGaA (Germany)
• Meridian Life Science, Inc. (USA)
• PerkinElmer, Inc. (USA)
• Promega Corporation (USA)
• Qiagen N.V. (Netherlands)
• R&D Systems (USA)
• SDIX, LLC (USA)
• Shimadzu Corporation (Japan)
• Takara Bio, Inc. (Japan)
• Thermo Fisher Scientific Inc. (USA)
• Waters Corp. (USA)

3. MARKET TRENDS & DRIVERS

• Growing Prevalence of Infectious & Chronic Diseases Pushes Demand for Laboratory Reagents
• Emphasis on Advanced Disease Diagnosis Methods Underpins Volume Growth
• Expanding Role of Contract Manufacturing Bodes Well for Market Growth
• Reagents Assume Critical Importance in Molecular Biology Processes
• Antibodies: Therapies of Future
• PCR Reagents Benefit from Growing Popularity of PCR Technologies
• Uptrend in Gene Expression Analysis Steers Momentum for Gene Expression Reagents
• Next-Generation Sequencing Technologies Steer Demand for Highly Pure Reagents
• Expanding Use Case for Cytokine & Chemokine Immunoassay Reagents
• Increased Opportunities for Carbohydrate Analysis Reagents
• Growing Use of Immunohistochemistry Creates High-Potential Opportunities
• Concerns over Environmental Issues Spur Demand for Environmental Testing Reagents
• Cell Culture and Tissue Culture: A Key Area for Laboratory Reagents
• Factors Fuelling Demand for Cell Culture and Tissue Culture Reagents
• Chromatography Reagents Demonstrate Steady Growth
• Electrophoresis Reagents Set to Make Bigger Gains
• Separation & Purification Products: Important in Academic & Industrial Research
• Reagents Market Gears Up for PoC Tests
• Liquid-Stable Reagent Formulations Gain Prominence
• Complex Reagents Seek Opportunities in Multiplex Assays
• Market Sees Significant Shift in Demand Patterns

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

• Market Facts & Figures
• Laboratory Reagents Market Share (in %) by Company: 2018 & 2025
• Market Analytics
• Laboratory Reagents Latent Demand Forecasts in US$ Million by Application: 2020 to 2027
• Laboratory Reagents Historic Demand Patterns by Application in US$ Million for 2012-2019
• Laboratory Reagents Market Share Breakdown by Application: 2012 VS 2020 VS 2027

IV. COMPETITION

• Total Companies Profiled: 160

For more information about this report visit https://www.researchandmarkets.com/r/53obxe