Need for Integrated Data and Rising Demand for Drug Development is Research Antibodies and Reagents Market
Chicago, IL -- (SBWIRE) -- 07/31/2017 -- According to the report, "Research Antibodies and Reagents Market, by Product (Antibody, Reagents), Technology (Enzyme-linked Immunosorbent Assay (ELISA), Western Blotting, Flow Cytometry, Polymerase Chain Reaction (PCR), Immunofluorescence, Immunoprecipitation), End User (Pharmaceutical & Biotechnological Companies, Academic & Research Institutes, Contract Research Organizations) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022", the market for research antibodies and reagents is expected to grow at an impressive rate, due to the increased prevalence of diseases and the rising demand from around the world.
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A compound or substance that is added to the system for chemical reaction and in test, if the reaction takes place is called reagent. Interchangeably, these two terms reagent and reactant are used, however it is particularly a compound consumed during a chemical reaction. Solvents are not usually reactants although they are involved in the reaction. Same is the case with catalysts so they are also not reactants. In biochemistry, mainly in association with enzyme-catalyzed reactions the reactants are usually known as substrates.
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KEY PREMIUM INDUSTRY INSIGHTS
1. The global market for research antibodies and reagents is estimated to observe a balanced growth rate over the forecast period.
2. Growing R&D activities, increasing funding for proteomic and genomic research, rising no. of academic-industry research collaborations, and mounting cancer incidences, diseases that are too infectious and genetic disorders are projected to boost the global research antibodies and reagents market growth over the forecast period.
3. However, costly production of antibody might hamper the market growth over the forecast period.
Regionally, the global market for research antibodies and reagents is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Among these, North America is the major leader of this region for the research antibodies and reagents market globally. However, Latin American and the APAC regions are projected to observe considerable growth over the forecast period, mainly owing to increasing biotechnology and pharmaceutical industry, investments done by government in the this industry, and escalating R&D activities.
KEY MARKET PLAYERS
Key players in the research antibodies and reagents market include:
1. Becton Dickinson & Company
2. Thermo Fisher Scientific
3. Bio-Rad Laboratories, Inc.
4. F. Hoffmann-La Roche Ltd.
5. Merck Millipore
6. Perkinelmer, Inc.
7. Lonza Group, AG
8. Qiagen N.V.
10. Abcam
11. Genscript
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