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World Market for Biotechnology Reagents to Reach $32.5 Billion by 2012, According to New Report by Global Industry Analysts, Inc.
Date:11/13/2008

ons, and in basic research, biotechnology reagents in Asia-Pacific are forecast to grow at the fastest CAGR of 8.75% over the period 2011 through 2015. Immunoassay reagents market represents the largest product market worldwide with revenues forecast to reach US$13.8 billion by 2012. With the present emphasis of research studies focused on determining the activation state of a protein rather than unraveling the gene, which hitherto involved the use of DNA arrays and mRNA profiling, world market for protein synthesis reagents is forecast to grow at a robust CAGR of 10.38% over the period 2011 through 2015. Driven by its increasing use in life sciences applications, liquid chromatography reagents market in the US is expected to reach US$3.4 billion by the year 2015. Biotech and pharmaceutical industries constitute the major consumers of chromatography reagents.

Key players dominating the marketplace include Abbott Diagnostics, Applied Biosystems, Beckman Coulter Inc., Becton Dickinson and Company, Biomerieux SA, Chemicon International Inc., Cortex Biochem Inc., EMD Biosciences Inc., GE Healthcare, Invitrogen Corporation, Ortho-Clinical Diagnostics, PerkinElmer Inc., Promega Corporation, Roche Diagnostics, Siemens Healthcare Diagnostics Inc and Sigma - Aldrich, among others.

The report titled "Biotechnology Reagents: A Global Strategic Business Report" published by Global Industry Analysts, Inc., provides a comprehensive review of market dynamics, trends, issues, and competition. The report enumerates recent product launches, innovations, developments, mergers, acquisitions and other strategic industr
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World Market for Biotechnology Reagents to Reach $32.5 Billion by 2012, According to New Report by Global Industry Analysts, Inc.
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