Life Science Tools and Reagents: Global Markets

May 04, 2011

Wellesley, Mass. – According to a new technical market research report, LIFE SCIENCE TOOLS AND REAGENTS: GLOBAL MARKETS (BIO083A) from BCC Research (www.bccresearch.com), the global market value of life science tools and reagents is an estimated $42.8 billion in 2011, but is expected to increase to more than $81 billion in 2016, for a 5-year compound annual growth rate (CAGR) of 13.6%.

The largest segment of the market, made up of reagents and tools for DNA-RNA research, is projected to grow at a CAGR of 12.2% to reach $48 billion in 2016. Its value is estimated at $27 billion in 2011.

The segment made up of cell biology reagents is estimated to be $10 million in 2011, and is expected to increase at a 5-year CAGR of 19.1% to reach $24 billion in 2016.

The smallest segment, made up of protein research-related reagents and tools, is projected to have a 5-year CAGR of 9.4%, rising from $5.8 billion in 2011 to $9.1 billion in 2016.

Life science tools and reagents companies are integral and essential parts of the biotechnology industry; however, this sector is often considered a “trendy” investment or less profitable than pharmaceutical research. Technology and assay development, however, are the main components in the drug development process; often these sectors represent the major challenge or disadvantage in drug development.

The life science tools and reagents market consists of several different segments, each offering different types of products and services.  This report will discuss in detail the following segments: Molecular biology tools and reagents (DNA, RNA, and genomic-related products), proteomics-related products and services (protein expression, purification, and identification market), recombinant proteins market and in vitro assay development, antibodies as a research tool, cell biology reagents and assay development, the laboratory animal markets, imaging techniques and suppliers, and bioinformatics tools.

This report is intended for business development professionals, entrepreneurs, and other investors who need to fully understand and properly evaluate each segment in the market for life science tools and reagents.

To Contact us, click here  

Life Science Tools and Reagents: Global Markets( BIO083A )
Publish Date: Apr 2011    

Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.