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Global Genomics And Proteomics Reagents, Research Kits, & Analytical Instrumentation Market

Feb. 19, 2019

Global Genomics And Proteomics Reagents, Research Kits, & Analytical Instrumentation Market, By Product Type (Reagents & Research Kits (Sample Preparation Kits, Electrophoresis Kits, Purification Kits, Biochips) and Instrumentation & Analytical Tools (Chromatography, Mass Spectrometry, Thermal Cyclers, Next Generation Sequencing), By End User (Research Laboratories, Diagnostic Laboratories, and Pharmaceutical & Biotechnology Organizations), By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa)- Global Forecast, 2020-2025.

Report Code :FMR509      
Industry : Biotechnology
Pages :210 Pages
Format :   PPT Format   PDF Format

The global genomics and proteomics reagents, research kits, & analytical instrumentation market was valued at US $xx million in 2019. This market is estimated to be valued at US $xx million in the year 2020, and it is expected to reach US $xx million by the year 2025, with an estimated CAGR of xx% during the forecast period (2020-2025). Genomics and proteomics can be defined as the study of genes, proteins, and their functions .  Increase in the development of healthcare infrastructure has uplifted the demand for the genomics and proteomics reagents, research kits, & analytical instrumentation market.

Table 1. Global Genomics And Proteomics Reagents, Research Kits, & Analytical Instrumentation Market Synopsis

Parameters

Description

Market Value (US$ Mn) for the Period

2018-2025

Base Year

2019

Forecast Period

2020-2025

Market Segmentation (By Product Type)

Reagents & Research Kits (Sample Preparation Kits, Electrophoresis Kits, Purification Kits, Biochips) and Instrumentation & Analytical Tools (Chromatography, Mass Spectrometry, Thermal Cyclers, Next Generation Sequencing)

Market Segmentation (By End User)

Research Laboratories, Diagnostic Laboratories, and Pharmaceutical & Biotechnology Organizations

Regions Covered

North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa

Key Players Coverage

Merck Millipore, Thermo Fisher Scientific, Life Technologies Corporation, Agilent Technologies, Illumina, Inc., Becton Dickinson & Company, Danaher Corporation, Bruker Corporation, and Bio-Rad Laboratories, Inc., among others

Key Insights

  • Latest Updates
  • Analyst Views
  • Future Outlook of the Market

Market Dynamics

Innovations and advancements in the technology to develop an effective method for protein interaction in the healthcare industry is expected to propel growth of the genomics and proteomics reagents, research kits, & analytical instrumentation market. Several manufacturers are engaged in new launches to revolutionize protein analysis. This is expected to foster growth of the market. For instance, in November 2019, a company deals in solution diffusional sizing and protein analysis, Fluidic Analytics, declared its plan to launch the new Fluidity One-W at PEGS Europe Protein and Antibody Engineering Summit. The launch aimed at transforming protein interaction analysis, with the ability to accurately assess on-target protein interactions in solution, even in complex backgrounds.

Rise in launches of new solutions for the treatment of the patients suffering from metastatic colorectal cancer is expected to propel growth of the genomics and proteomics reagents, research kits, & analytical instrumentation market. In July April 2020, a leading global provider of insight solutions, QIAGEN N.V., launched therascreen BRAF V600E RGQ PCR Kit with the BRAF inhibitor, BRAFTOVI (encorafenib), based regimen for use in combination with ERBITUX (cetuximab) to diagnose adult patients suffering from metastatic colorectal cancer.

However, high cost and stringent regulations associated with the formation of new solutions and methods for genomics and proteomics interaction are some of the factors, which are expected to hamper growth of the genomics and proteomics reagents, research kits, & analytical instrumentation market to some extent.

Figure 1. Genomics And Proteomics Reagents, Research Kits, & Analytical Instrumentation Market Scenario Forecast (Likely, Conservative, and Optimistic Scenario), 2019 and 2025 (US$ Mn)

Note: The above figure is shown for illustrative purposes only, the actual data may vary and will be incorporated in the report.

North America is expected to hold a major share in the genomics and proteomics reagents, research kits, & analytical instrumentation market, owing to rising awareness and expansion of several analytical instruments, tools, reagents, etc. among the people in the region. The key players of the market are also indulging in various activities to raise awareness about genomics and proteomics by organizing conferences, which is expected to drive growth of the market during the forecast period. For instance, in March 2016, Thermo Fisher Scientific announced its plan to provide continuous expansion of leading analytical instruments and tools for clients in applied markets, in the Pittcon Conference at the Georgia World Congress Center. Thermo Fisher declared about its high-performance systems for proteomics research, such as Q Exactive and Orbitrap Fusion that are especially designed for the identification and analysis of potential biomarkers.

Asia-Pacific is anticipated to register significant growth in the genomics and proteomics reagents, research kits, & analytical instrumentation market, which can be attributed to the continuous support by several manufacturers to develop the research activities in the pharmaceutical industry.. For instance, in January 2020, Agilent Technologies declared about its joining agreement with the Indian Institute of Technology Delhi (IIT Delhi) to develop and promote biopharmaceutical research in India.

Figure 2. Regional Analysis

 

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

Competitive Landscape

Key players in the genomics and proteomics reagents, research kits, & analytical instrumentation market include Merck Millipore, Thermo Fisher Scientific, Life Technologies Corporation, Agilent Technologies, Illumina, Inc., Becton Dickinson & Company, Danaher Corporation, Bruker Corporation, and Bio-Rad Laboratories, Inc., among others.

Market players of genomics and proteomics reagents, research kits, & analytical instrumentation are following several strategies such as acquisition, partnership, etc. to enhance the growth and global reach of the market. For instance, in May 2018, Agilent Technologies acquired a provider of capillary electrophoresis-based (CE) solutions, Advanced Analytical Technologies, Inc. (AATI), for fully-automated analysis of a range of molecules for $250 million in cash.

Furthermore, in February 2020, a leader in next-generation proteomics solutions, Biognosys, entered into a partnership agreement with a physician-led, integrated global oncology solution provider, i.e., Indivumed. This partnership is aimed at enhancing proteomics insights to enable novel discoveries in the healthcare industry.

Figure 3. Market Share of Key Players, 2019

 

Note: Above figure shown for illustrative purpose only, the actual data may vary and will be incorporated in the report.

By Product Type

  • Reagents & Research Kits
  • Sample Preparation Kits
  • Electrophoresis Kits
  • Purification Kits
  • Biochips
  • Instrumentation & Analytical Tools
  • Chromatography
  • Mass Spectrometry
  • Thermal Cyclers
  • Next Generation Sequencing

By End User

  • Research Laboratories
  • Diagnostic Laboratories
  • Pharmaceutical & Biotechnology Organizations

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
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Note: This report provides in-depth analysis of the global genomics and proteomics reagents, research kits, & analytical instrumentation market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2020-2025), considering 2019, as the base year.

  • What are the trends adopted by key players in the global genomics and proteomics reagents, research kits, & analytical instrumentation market?
  • What key factors are expected to increase the demand for global genomics and proteomics reagents, research kits, & analytical instrumentation market during the forecast period 2020-2025?
  • What are the major challenges inhibiting the growth of the global genomics and proteomics reagents, research kits, & analytical instrumentation market?
  • What is the total market value (US$ Mn) generated in global genomics and proteomics reagents, research kits, & analytical instrumentation market by product type in 2019 and what are the forecasts by 2025?
  • Which end user is expected to dominate the genomics and proteomics reagents, research kits, & analytical instrumentation market in the coming years?
  • What was the total revenue generated by the global genomics and proteomics reagents, research kits, & analytical instrumentation market across different regions (North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa) in 2019, along with CAGR (%) for the period (2020-2025)?
  • Who are the key players contributing the growth of the global genomics and proteomics reagents, research kits, & analytical instrumentation market, and what are the new strategies adopted by them to retain a market share in the industry?
  • What is the competitive strength of the key players in the global genomics and proteomics reagents, research kits, & analytical instrumentation market?
  • What are the major outcomes derive from the Porter’s five forces?
  • Which new products going to be approved or launched in the coming years, which may have huge impact in the market?
  • What insights are derived through the analysis of key players on following parameters: company overview, financial performance, product portfolio, geographical presence, key highlights, and strategies?

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