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

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

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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.

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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.).
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