Brazil Molecular Biology Enzymes, Reagents And Kits Market Size & Outlook
Brazil molecular biology enzymes, reagents and kits market, 2018-2030 (US$M)
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Brazil molecular biology enzymes, reagents and kits market highlights
- The Brazil molecular biology enzymes, reagents and kits market generated a revenue of USD 150.2 million in 2022 and is expected to reach USD 281.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 8.1% from 2023 to 2030.
- In terms of segment, kits & reagents was the largest revenue generating product in 2022.
- Enzymes is the most lucrative product segment registering the fastest growth during the forecast period.
Molecular biology enzymes, reagents and kits market data book summary
| Market revenue in 2022 | USD 150.2 million |
| Market revenue in 2030 | USD 281.0 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Enzymes |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Enzymes |
| Key market players worldwide | Thermo Fisher Scientific Inc, Illumina Inc, Agilent Technologies Inc, Qiagen NV, New England Biolabs, Merck KGaA, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Takara Bio Inc, LGC Group, Bausch Health Companies Inc, Promega |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.7% of the global molecular biology enzymes, reagents and kits market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil molecular biology enzymes, reagents and kits market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 281.0 million by 2030.
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Molecular Biology Enzymes, Reagents And Kits Market Scope
Molecular Biology Enzymes, Reagents And Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil molecular biology enzymes, reagents and 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 molecular biology enzymes, reagents and kits market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 67.31% in 2022. Horizon Databook has segmented the Brazil molecular biology enzymes, reagents and kits market based on kits & reagents, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
Growing pharmaceutical and biotechnology sectors in Brazil have a major impact on increasing use of molecular biology enzymes, kits, and reagents in the country. The growth of Brazilian biotechnology industry is backed up by increasing investments for the development of innovative solutions. In addition, various biotechnology research projects are ongoing in the country, which are focused on human health.
This is expected to propel the market growth for molecular biology. Furthermore, increasing demand for detection of various diseases and molecular diagnostics is anticipated to result in increasing use of molecular biology enzymes, kits, and reagents. Companies operating in the country are developing new products to meet the growing market demands.
For instance, in September 2019, Abbott Laboratories launched new ID NOW point-of-care molecular platform in Brazil for the detection of various respiratory diseases. In addition, in May 2019, Chembio Diagnostics in collaboration with Bio-Manguinhos received Brazilian regulatory approval for PP Dengue point-of-care system.
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Our clientele includes a mix of molecular biology enzymes, reagents and kits market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil molecular biology enzymes, reagents and kits market , including forecasts for subscribers. This country databook contains high-level insights into Brazil molecular biology enzymes, reagents and kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil molecular biology enzymes, reagents and kits market size, by product, 2018-2030 (US$M)
Brazil Molecular Biology Enzymes, Reagents And Kits Market Outlook Share, 2022 & 2030 (US$M)
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