Germany Molecular Biology Enzymes, Reagents And Kits Market Size & Outlook
Germany molecular biology enzymes, reagents and kits market, 2018-2030 (US$M)
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Germany molecular biology enzymes, reagents and kits market highlights
- The Germany molecular biology enzymes, reagents and kits market generated a revenue of USD 1,229.1 million in 2022 and is expected to reach USD 2,208.4 million by 2030.
- The Germany market is expected to grow at a CAGR of 7.6% 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 1,229.1 million |
| Market revenue in 2030 | USD 2,208.4 million |
| Growth rate | 7.6% (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, Germany accounted for 5.9% 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 Europe, Germany molecular biology enzymes, reagents and kits market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,364.0 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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Germany 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 67.52% in 2022. Horizon Databook has segmented the Germany molecular biology enzymes, reagents and kits market based on kits & reagents, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
Germany is witnessing a significant growth in its biotechnology industry. The medical or healthcare sector, which makes use of advanced biotechnology research for development of pharmaceutical and diagnostic products or vaccines, has significantly contributed to this growth. This can be attributed to an increase in age-associated diseases and increase in geriatric population.
The expanding biotechnology industry is anticipated to boost the market for molecular biology enzymes, kits, and reagents in the country. In addition, presence of key manufacturers and biotechnology companies such as QIAGEN, Merck KGaA, Rentschler Biotechnologie GmbH, and Milltenyi Biotech GmbH are key contributors to the market revenue in the country.
These companies offer a broad product range, including sample preparation products, IVD materials & reagents, antibodies, assays, and others, to support the life sciences research. In addition, these companies have their own research and development laboratories to support the growing biotechnology sector.
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Target buyers of Germany molecular biology enzymes, reagents and kits market databook
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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 Germany molecular biology enzymes, reagents and kits market , including forecasts for subscribers. This country databook contains high-level insights into Germany molecular biology enzymes, reagents and kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany molecular biology enzymes, reagents and kits market size, by product, 2018-2030 (US$M)
Germany Molecular Biology Enzymes, Reagents And Kits Market Outlook Share, 2022 & 2030 (US$M)
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