Italy Molecular Biology Enzymes, Reagents And Kits Market Size & Outlook
Italy molecular biology enzymes, reagents and kits market, 2018-2030 (US$M)
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Italy molecular biology enzymes, reagents and kits market highlights
- The Italy molecular biology enzymes, reagents and kits market generated a revenue of USD 552.3 million in 2022 and is expected to reach USD 974.6 million by 2030.
- The Italy market is expected to grow at a CAGR of 7.4% 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 552.3 million |
| Market revenue in 2030 | USD 974.6 million |
| Growth rate | 7.4% (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, Italy accounted for 2.6% 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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Italy 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 67.46% in 2022. Horizon Databook has segmented the Italy molecular biology enzymes, reagents and kits market based on kits & reagents, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth of the country is propelled by rise in incidence of genetic disorders among the geriatric population and increase in applications of PCR and sequencing technologies in the market.
In Italy, 23% of the total population is 65 and above. This increases the application of molecular diagnostics in disease diagnosis using Polymerase Chain Reaction (PCR) and epigenetics.
In addition, in March 2020, Sentinel Diagnostics, Italy developed a real-time PCR mix for the detection of COVID-19. This COVID-19 assay is ready to use on PCR instruments. Such developments are anticipated to further accelerate the market growth of molecular biology enzymes, kits, and reagents in the country.
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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 Italy molecular biology enzymes, reagents and kits market , including forecasts for subscribers. This country databook contains high-level insights into Italy molecular biology enzymes, reagents and kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy molecular biology enzymes, reagents and kits market size, by product, 2018-2030 (US$M)
Italy Molecular Biology Enzymes, Reagents And Kits Market Outlook Share, 2022 & 2030 (US$M)
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