North America Molecular Biology Enzymes, Reagents And Kits Market Size & Outlook
North America molecular biology enzymes, reagents and kits market, 2018-2030 (US$M)
Related Markets
North America molecular biology enzymes, reagents and kits market highlights
- The North America molecular biology enzymes, reagents and kits market generated a revenue of USD 9,584.7 million in 2022.
- The market is expected to grow at a CAGR of 10% 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.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 9,584.7 million |
| Market revenue in 2030 | USD 20,582.1 million |
| Growth rate | 10% (CAGR from 2022 to 2030) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Enzymes |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, North America region accounted for 45.8% of the global molecular biology enzymes, reagents and kits market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,934.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Molecular Biology Enzymes, Reagents And Kits Market Scope
Molecular Biology Enzymes, Reagents And Kits Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 67.62% in 2022. Horizon Databook has segmented the North America molecular biology enzymes, reagents and kits market based on kits & reagents, enzymes covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the molecular biology enzymes, kits, and reagents market with the largest revenue share in 2019. Rising prevalence of cancer has led to an increase in NGS applications. This is expected to drive the demand for enzymes and reagents required in NGS.
In addition, initiatives such as Newborn Sequencing in Genomic Medicine and Public Health (NSIGHT) program by National Human Genome Research Institute to screen infants for genetic diseases also boosts the adoption of sequencing technology in the region.
Furthermore, increasing prevalence of chronic and genetic disorders, which involve molecular diagnostics, is also contributing to the market growth. In February 2019, healthcare and research organizations from the U.S. and Canada launched a consortium for Medical Genome Initiative that focused on increasing the access to whole genome sequencing for genetic disease diagnosis.
Reasons to subscribe to North America molecular biology enzymes, reagents and kits market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America molecular biology enzymes, reagents and kits market databook
-
Our clientele includes a mix of molecular biology enzymes, reagents and kits market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the North America molecular biology enzymes, reagents and kits market , including forecasts for subscribers. This continent databook contains high-level insights into North America molecular biology enzymes, reagents and kits market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America molecular biology enzymes, reagents and kits market size, by country, 2018-2030 (US$M)
North America Molecular Biology Enzymes, Reagents And Kits Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
