Genomics and Proteomics Reagents, Research Kits, and Analytical Instruments Market Driven by Drug Discovery and Disease Identification

2024-11-08 03:29:48 News & Society

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Transparency Market Research (TMR) has published a report titled ?Genomics And Proteomics Reagents, Research Kits and Analytical Instruments Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019?. According to this report, the global genomics and proteomics reagents, research kits, and analytical instruments market was valued at US$23.8 billion in 2012 and is expected to reach US$52.3 billion, growing at a CAGR of 12.1% from 2013 to 2019. The report addresses questions about the market share of the various segments in the global market, their respective growth rates, primary growth drivers, inhibitors, opportunities, and influential trends.

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Genomics and proteomics is a branch of life science that has helped several researchers in understanding genetic diseases in greater depth and in due course of time assisted in developing cures for them. Various technologies are used in genomics and proteomic research for drug discovery, assisting patients, developing cures, identification of diseases, and related diagnostics. The market includes commercialized ready-to-use kits that help researchers carry out processes such as purification, labeling, isolation, chromatography, electrophoresis, and polymerase chain reactions. The primary growth driver for this market is its assistance in discovering drugs and identifying the cause of the illness. However, poor adoption rate and patchy awareness about these technologies in developing countries remains a huge market inhibition.

The global genomics and proteomics reagents, research kits, and analytical instruments market is segmented on the basis of reagent and research kits, which broadly include sample preparation kits, purification kits, electrophoresis kit, and biochips and microarrays. The sample presentation kits are further fragmented into prepackaged sample preparation kits for PCR, prepackaged sample preparation kits for mass spectrometry, prepackaged sample preparation kits for electrophoresis, and prepackaged sample preparation kits for chromatography. The electrophoresis kits segment is inclusive of capillary electrophoresis and gel electrophoresis. Biochips and microarrays include the two subcategories of DNA biochips and microarrays and protein and peptide biochips and microarrays.

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The market is also segmented on the basis of analytical instruments into chromatography, which includes liquid chromatography and gas chromatography; mass spectrometry by analyzers, which includes tandem mass spectrometry, time-of-flight mass spectrometry, quadruple mass spectrometry, and others such as magnetic sector, ion trap, and orbitrap; thermal cyclers, which include digital thermal cycles, conventional or traditional thermal cyclers, and real-time thermal cyclers; and next generation sequencing. On the basis of geography, the market is divided into North America, Asia Pacific, Europe, and Rest of the World.

Some of the key market players in the global genomics and proteomics reagents, research kits, and analytical instruments market are Life Technologies, Sigma Aldrich, Illumina, Thermo Fisher, and Waters. Life Technologies has been interested in expanding its business in foreign lands and have thus sponsored several seminars and conferences. The company has also been engaged in creating awareness about analytical tools that can aid scientists and researchers to contain and control the spread of deadly diseases.

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