Life Sciences & Analytical Reagents Market worth $59.3 Billion by 2016

The report Life Sciences & Analytical Reagents Market - Applications, Current Trends, Opportunities & Global Forecasts (2011 – 2016)”, as the name suggests, analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia & Rest of World.

Life sciences dominated the global life sciences and analytical reagents market with a share of 59.37% at an estimated $23,933 million in 2011; it is expected to reach $30,522 million by 2016, at a CAGR of 5% from 2011 to 2016.

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Biotechnology is defined as the application of science and technology to living organisms, as well as parts, products and models thereof, to alter living or non-living materials for the production of knowledge, goods, and services.

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Biotechnology’s origins date back to the later part of the 18th century, arising from the field of zymotechnology. The field has developed immensely over time, and has affected medicine, agriculture, and other life science-related areas.

The biotechnology industry has grown hugely in the past years. Modern biotechnology includes genetics, human immunology, and molecular and cellular biotechnology, which drives the research in this field. Emerging disciplines such as neurosciences and proteomics provide promising potential in the biotechnology industry. Biotechnology reagents and kits are important to the field of bioscience, as they are used to detect or synthesize another substance in order to give a test reading. This test reading helps detect, measure, or produce other substances.

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The life sciences and analytical reagents market mainly consists of technologies that were used in the past for biochemical analysis, genome studies, proteome studies, and any life science related technology. However, this concept is slowly changing, as today there are vast and varied applications for protein synthesis and purification, gene expression, DNA and RNA analysis, and drug testing.

Major players in the global life science and analytical reagents market include Life Technologies, (U.S.), Bio-Rad (U.S.), Thermo Fisher Scientific (U.S.), Water Corporation (U.S.), Sigma-Aldrich (U.S.), Agilent Technologies Inc. (U.S.), Betcon Dickinson (U.S.), Beckman Coulter (U.S.), Roche (Switzerland), and Abbott (U.S.).

Browse Related Reports:

Biotechnology Reagents Market by Technology (PCR, Cell Culture, Expression & Transfection, Chromatography, Mass Spectrometry, Electrophoresis, & Flow Cytometry), Applications (Protein Purification, Gene Expression, DNA & RNA Analysis, & Drug Testing) and End-Users - Current Trends, Opportunities and Global Forecasts to 2016

Life Science and Chemical Instrumentation Market (2011 - 2016) (Spectroscopy, Chromatography, DNA Sequencer & Amplifier, Lab Automation, Array, Flow Cytometer, Electrophoresis, Immuno Assay & Others) Global Trends, End User & Competitive Analysis

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