The global Molecular weight Marker market is anticipated to grow at 12.23% CAGR from 2016 to 2021

Hyderabad, India -- (SBWire) -- 03/21/2018 --A molecular weight marker is employed in electrophoresis on the gel, to spot the approximate size of the molecule. On the gel matrix, the principle utilized to determine the molecular weight is that the migration rate is reciprocally proportional to the molecular weight. Therefore, the effective scale fashioned on the gel is analyzed to estimate the size and weight of the unknown protein or DNA or RNA, given that the molecular weight of the marker is already known to us.

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The global molecular weight Marker market is anticipated to grow at 12.23% CAGR from 2016 to 2021 and is calculated that the global market was valued at USD 265.43 million in 2016 and is predicted to achieve USD 472.60 million by 2021.

The increased funding for molecular biology research by private and government organizations propel the growth of the market. The increased popularity of personalized medicines for the treatment of chronic diseases and genetic disorders acts as a significant aspect contributing towards the expansion of the market.

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Personalized medicines involve the applying of molecular weight markers for the study of individual's genome, genes, and diseases. Thus, growing adoption of personalized medicines coupled with escalating stress on molecular biology research is predicted to spice up the demand for molecular weight marker merchandise.

Technological advancement in molecular biology merchandise, like PCR and NGS together with high-quality molecular weight marker is another major factor contributing towards market growth. The recent advancement in these products permits provision of a clearer background and sharp bands. Thus, the demand for molecular weight marker products is predicted an upsurge in the near future and also to fuel the market expansion.

North America accounts for the biggest share of the market followed by Europe. Asia Pacific is foreseen to have a high CAGR because of the presence of several large research laboratories and biotechnology corporations in countries like India and China.

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The top companies in the current global market include F Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Agilent Technologies, Sigma-Aldrich, Affymetrix, Inc., QIAGEN, Takara Bio Inc., Bio-Rad Laboratories, Promega Corporation and New England Biolabs.

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