MarketsandMarkets: Global Life Sciences & Analytical Reagents Market Worth $59.3 Billion by 2016

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• Publié par: marketsandmarkets
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MarketsandMarkets: Global Life Sciences &

Analytical Reagents Market Worth $59.3 Billion

by 2016

PR Newswire

DALLAS, June 1, 2012

DALLAS

,

June 1, 2012

/PRNewswire/ --

The report

"Life Sciences & Analytical Reagents Market - Applications,

Current Trends, Opportunities & Global Forecasts (2011 - 2016)"

, as

the name suggests, analyzes and studies the major market drivers, restraints,

and opportunities in

North America

,

Europe

,

Asia

& Rest of World.

Browse market data tables and in-depth TOC on "Life Sciences &

Analytical Reagents Market - Applications, Current Trends,

Opportunities & Global Forecasts (2011 -2016)".

http://www.marketsandmarkets.com/Market-Reports/life-sciences-analytical-

reagents-market-720.html

Early buyers will receive 10% customization on reports.

Biotechnology (life sciences and analytical) reagents are the substances or

compounds used to detect or synthesize another substance in order to provide

a test reading. These reagents are used in the field of research, diagnosis,

bioscience, and education.

The life science and analytical reagents market studied in this report is vast; it

consists of several technologies such as PCR, cell culture, IVD, expression and

transfection, chromatography, spectrometry, electrophoresis, and flow

cytometry. The biotechnology reagents market, by technology, studied in this

report, are segmented as life sciences reagents and analytical reagents; of

which life sciences segment accounted for the largest share of 59.37% of the

total market in 2011. The global life sciences and analytical reagents market

was valued at

$40,308.8 million

in 2011 and is expected to reach

$59,319.2

million

by 2016; growing at a CAGR of 8% from 2011 to 2016.

The life science and analytical reagents market is driven by the increasing use

of reagents in therapeutics, basic research and commercial applications. The

demand for biotechnology reagents is largely dependent on the growth of the

biotechnology instrumentation market. The biotechnology instrumentation

market continues to witness significant growth due to an increase in the

number of biotechnology firms and increase in research and development

expenditure by biotechnology companies, thus augmenting the demand for

biotechnology instruments. Continual product developments are being

witnessed in industries such as pharmaceutical/bio-pharmaceutical, agri-

biotech, and food and beverages; this is expected to facilitate market growth.

North America

dominated the life science and analytical reagents market with

46.28% share in 2011. Successful completion of the first phase of the Human

Genome Project, ahead of schedule, has given rise in the U.S. reagent market.

Investments, government funding, and new products are driving the reagents

market in the U.S. The Asian market, however, shows greater opportunities,

when compared to other regions, with the highest CAGR of 11.8% from 2011 to

2016; due to increased research outsourcing activities in the life technology

field.

Major players in the global life science and analytical reagents market include

Life Technologies, (U.S.), Bio-Rad (U.S.), Thermo Fisher Scientific (U.S.), Water

Corporation (U.S.), Sigma-Aldrich (U.S.), Agilent Technologies Inc. (U.S.), Betcon

Dickinson (U.S.), Beckman Coulter (U.S.), Roche (

Switzerland

), and

Abbott

(U.S.).

About MarketsandMarkets

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[

http://www.marketsandmarkets.com/biotech-market-research-5.html ],

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