Market revenue in 2020 | USD 6.4 billion |
Market revenue in 2028 | USD 25.0 billion |
Growth rate | 18.5% (CAGR from 2020 to 2028) |
Largest segment | Detection kits |
Fastest growing segment | Detection Kits |
Historical data | 2018 - 2019 |
Base year | 2020 |
Forecast period | 2021 - 2028 |
Quantitative units | Revenue in USD billion |
Market segmentation | Purification Kits, Amplification Kits, Detection Kits, Isolation Kits |
Key market players worldwide | Thermo Fisher Scientific Inc, Qiagen NV, New England Biolabs, Illumina Inc, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Merck KGaA, Promega, Takara Bio Inc, LGC Group, Toyobo Co Ltd |
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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 23.44% in 2020. Horizon Databook has segmented the Spain 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.
Spain is slowly growing to become a new center of development in the biotech sector in Europe. Increasing interest of investors in the country’s rapidly growing biotechnology field is an opportunity for Spain. This interest can be attributed to the potential of therapeutics, vaccines, medical devices, and both small molecules & biologicals developed by top research groups at Spanish universities.
These platforms were more effective than commercial PCR test kits in Spain. The kit consists of an RNA extraction technique that allows high quantity of samples to be processed simultaneously, independent of industrial extraction test kits.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain biotechnology reagents & kits market , including forecasts for subscribers. This country databook contains high-level insights into Spain biotechnology reagents & kits market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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