China Transfection Reagents & Equipment Market Size & Outlook
China transfection reagents & equipment market, 2016-2028 (US$M)
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China transfection reagents & equipment market highlights
- The China transfection reagents & equipment market generated a revenue of USD 56.6 million in 2020 and is expected to reach USD 126.9 million by 2028.
- The China market is expected to grow at a CAGR of 10.6% from 2021 to 2028.
- In terms of segment, reagents was the largest revenue generating product in 2020.
- Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
Transfection reagents & equipment market data book summary
| Market revenue in 2020 | USD 56.6 million |
| Market revenue in 2028 | USD 126.9 million |
| Growth rate | 10.6% (CAGR from 2020 to 2028) |
| Largest segment | Reagents |
| Fastest growing segment | Equipment |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents, Equipment |
| Key market players worldwide | Thermo Fisher Scientific Inc, Lonza Group Ltd, Qiagen NV, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Merck KGaA, Origin Enterprises PLC, MaxCyte Inc, PromoCell GmbH, Promega, Polyplus-transfection, Horizon Discovery |
Other key industry trends
- In terms of revenue, China accounted for 5.8% of the global transfection reagents & equipment market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Asia Pacific, Japan transfection reagents & equipment market is projected to lead the regional market in terms of revenue in 2028.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 126.9 million by 2028.
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Transfection Reagents & Equipment Market Scope
Transfection Reagents & Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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China transfection reagents & equipment 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 transfection reagents & equipment market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 54.77% in 2020. Horizon Databook has segmented the China transfection reagents & equipment market based on reagents, equipment covering the revenue growth of each sub-segment from 2016 to 2028.
China is expected to register lucrative growth over the forecast period. Factors promoting its growth include government initiatives in favor of research projects and the active participation of academic & non-academic institutes in development of efficient transfection methodologies.
Presence of pharmaceutical companies focusing on relatively untapped populations in Asia Pacific is propelling the Chinese transfection reagents and equipment market. Low cost of clinical trials and high investments in biotechnology sector in the country are expected to fuel the market growth over the forecast period.
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Target buyers of China transfection reagents & equipment market databook
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Our clientele includes a mix of transfection reagents & equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China transfection reagents & equipment market , including forecasts for subscribers. This country databook contains high-level insights into China transfection reagents & equipment market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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China transfection reagents & equipment market size, by product, 2016-2028 (US$M)
China Transfection Reagents & Equipment Market Outlook Share, 2020 & 2028 (US$M)
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