Global Biotechnology Reagents & Kits Market Size & Outlook
Global biotechnology reagents & kits market, 2018-2028 (US$B)
Related Markets
Global biotechnology reagents & kits market highlights
- The global biotechnology reagents & kits market generated a revenue of USD 337.3 billion in 2020 and is expected to reach USD 1,146.3 billion by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 16.5% by 2028.
- In terms of segment, detection kits accounted for a revenue of USD 77.2 billion in 2020.
- Detection Kits is the most lucrative kit type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, South Africa is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 337.3 billion |
| Market revenue in 2028 | USD 1,146.3 billion |
| Growth rate | 16.5% (CAGR from 2020 to 2028) |
| Largest segment | Detection kits |
| Fastest growing segment | Detection Kits |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Purification Kits, Amplification Kits, Detection Kits, Isolation Kits |
Other key industry trends
- In terms of revenue, the North America accounted for 37.2% of the global biotechnology reagents & kits market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 0.9 billion by 2028.
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Biotechnology Reagents & Kits Market Scope
Biotechnology Reagents & Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global biotechnology reagents & kits market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biotechnology reagents & kits market will help companies and investors design strategic landscapes.
Detection kits was the largest segment with a revenue share of 22.89% in 2020. Horizon Databook has segmented the Global biotechnology reagents & kits market based on purification kits, amplification kits, detection kits, isolation kits covering the revenue growth of each sub-segment from 2018 to 2028.
- Global Biotechnology Reagents & Kits Kit Type Outlook (Revenue, USD BIllion, 2018-2028)
- Purification Kits
- Amplification Kits
- Detection Kits
- Isolation Kits
- Others
- Global Biotechnology Reagents & Kits Technology Outlook (Revenue, USD BIllion, 2018-2028)
- LAMP technology
- PCR
- Cell Culture
- Sequencing
- Chromatography
- Electrophoresis
- Flow Cytometry
- Other Technologies
- Global Biotechnology Reagents & Kits Tested Parameters Outlook (Revenue, USD BIllion, 2018-2028)
- DNA
- RNA
- Enzymes
- Proteins
- Others
- Global Biotechnology Reagents & Kits Micro-Organisms Outlook (Revenue, USD BIllion, 2018-2028)
- Bacteria
- Virus
- Fungi
- Parasites
- Global Biotechnology Reagents & Kits Purpose Outlook (Revenue, USD BIllion, 2018-2028)
- On-Site
- Laboratory
- Global Biotechnology Reagents & Kits End Use Outlook (Revenue, USD BIllion, 2018-2028)
- Healthcare
- Food & Agriculture
- Natural reseources & Environment
- Industrial Processing
- Others
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Target buyers of Global biotechnology reagents & kits market databook
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Our clientele includes a mix of biotechnology reagents & kits market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global biotechnology reagents & kits market , including forecasts for subscribers. This global databook contains high-level insights into Global biotechnology reagents & kits market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Global biotechnology reagents & kits market size, by regions, 2018-2028 (US$B)
Top 10 countries: Biotechnology reagents & kits market size, 2020 (US$B)
Global biotechnology reagents & kits market share, by kit type, 2020 & 2028 (%, US$B)
Biotechnology reagents & kits market: Opportunity assessment by country
Global biotechnology reagents & kits market, by region, 2020 (US$B)
| Kit Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 80.3 | 90.7 | 125.3 | 168.8 | 221.7 | 247.9 | 276.7 | 308.4 | 343.1 | 381.4 | 423.2 | 16.4% |
| Europe | 65.0 | 72.2 | 98.6 | 131.4 | 171.1 | 190.2 | 211.2 | 234.5 | 260.0 | 288.0 | 318.5 | 15.8% |
| Asia Pacific | 61.5 | 69.8 | 97.1 | 131.8 | 174.6 | 197.1 | 222.3 | 250.4 | 281.7 | 316.6 | 355.3 | 17.6% |
| Latin America | 8.8 | 9.8 | 13.3 | 17.6 | 22.8 | 25.1 | 27.6 | 30.4 | 33.4 | 36.6 | 40.1 | 14.8% |
| MEA | 2.1 | 2.3 | 3.0 | 4.0 | 5.1 | 5.6 | 6.2 | 6.9 | 7.5 | 8.3 | 9.1 | 14.7% |
| Overall | 217.7 | 244.7 | 337.3 | 453.7 | 595.3 | 666.0 | 744.1 | 830.6 | 925.8 | 1,030.8 | 1,146.3 | 16.5% |
Related regional statistics
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