Pune, India -- (SBWire) -- 03/18/2020 --Global glycomics kits market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for personalized medicines and technological advancement are some factors that bring healthy opportunities for the market growth.

The glycomics kits market report gives information about the competitive situation among the market vendors and company profile, besides this, the report also provides market price analysis and value chain features. The scope of this industry report includes in-depth insights of global and regional markets with the sense given for variation in the growth of the ABC industry in certain regions. Glycomics kits market research report offers information on production development, market sales, regional trade, investment calculation, investment opportunity, trade outlook, policy, regional market and other important characteristic of the wire and cable market.

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Key Market Competitors:

Few of the major competitors currently working in the global glycomics kits market are Merck KGaA; Shimadzu Corporation; WATERS; New England Biolabs (UK) Ltd; Agilent Technologies, Inc; Thermo Fisher Scientific Inc.; Asparia Glycomics; Vector Laboratories; Beth Israel Deaconess Medical Center; glyconet Berlin Brandenburg eV;, GlySign; Canadian Glycomics Network; RayBiotech, Inc.; Glycodiag, LABORATORIOS FARMACEUTICOS ROVI SA; Glyco Expression Technologies, Inc; among others.

Competitive Analysis:

Global glycomics kits market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of glycomics kits market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Developments in the Market:

In June 2018, Shimadzu Corp. and PREMIER Biosoft. Announced the launch of their Shimadzu's LCMS-9030 Quadrupole Time of Flight (Q-TOF) mass spectrometry (MS) system technology support provided by PREMIER Biosoft's lipidomics and glycomics data analysis software solutions. This combination will help both the companies to advance lipidomics and glycomics research
In June 2018, Agilent Technologies Inc. announced the acquisition of ProZyme, Inc. The acquisition will allow Agilent to expand growth prospects in the fast-growing glycan market and further broaden its biopharmaceutical consumables. This will also enhance their product portfolio and will help them to provide better services to their customer

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Segmentation: Global Glycomics Kits Market
By Kits

(Glycan Labeling Kits, Glycan Purification Kits, Glycan Release Kits, Other Glycomics Kits),

Application

(Diagnostics, Drug Discovery & Development, Oncology, Immunology, Other),

End- User

(Academic Research Institutes, Pharmaceutical & Biotechnology Companies, Contract Research Organizations),

Geography

(North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Market Drivers:

Rising funding activities by pharmaceutical and biotechnology companies will drive the market growth
Technological advancement in glycomics instrumentation acts as a market driver
Increasing focus on glycomics and proteomics research is another factor boosting the growth of the market in the forecast period
Increasing adoption of glycan structure data analysis by research centers will augment the market growth

Market Restraints

Strict government norms and regulation will hamper the market growth
High cost of the glycomics instruments will also restrain the market
High degree of consolidation prevents new players from entering the market is another factor restricting this market growth
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