(PharmaNewsWire.Com, November 02, 2017 ) According to the report Nucleic Acid Labelling, published by Market Data Forecast, the Global market is projected to reach USD 2090 million by 2021, at a CAGR of 8.65% from 2016 to 2021.
Nucleic Acid Labelling have a lot of applications in fields of drug discovery and identification of new diseases. Nucleic acids are large complex molecules which have genetic information. Two important types of nucleic acids are DNA and RNA. DNA carries forward function of hereditary characteristics to the next generation while RNA carries protein synthesis.
Nucleic acids are labelled with tags which facilitate the purification and detection process. There are many methods involving enzymes and chemicals for labelling nucleic acids like corporation of fluorescent tags, radioactive phosphates, and modifications with biotin, which are primarily utilized in biotechnology applications.
Global Nucleic Acid Labelling: Drivers & Restraints The growth of Nucleic Acid Labelling market is owed to factors like increasing expenditure for health care, rising funding for R&D in genomics and disease diagnosis, growing demand for personalized healthcare. However, factors like expensive processing techniques and lack of skilled professionals are likely to constrain the growth of market.
Global Nucleic Acid Labelling: Overview Factors like increasing expenditure for health care and rising funding for R&D in genomics and disease diagnosis are affecting the growth of this market positively. However, other factors such as lack of skilled professionals is expected to constrain the growth of this market. DNA sequencing occupies major share in the applications segment, owing to its uses in identification of genetic disorders, tumour genetic variations.
Reagents and Kits occupy largest share among products segment due to their numerous uses in diagnostic and research centres. Based on end users, research centres occupy the major share owing to rising government funding to increase research activity and drug discovery.
Global Nucleic Acid Labelling: Region-wise Outlook Based on geographical analysis the market is divided into regions of North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. North America is leading the market while Europe has the second place. Increasing personalized medicines, identifying the genetic modifications and therapeutic areas has made it possible North America to dominate the market. Asia Pacific is expected to grow the fastest rate due to government initiatives to develop healthcare infrastructure and making the products cost efficient and rising R&D expenditure.
Key Questions Answered What is the current and future Nucleic Acid Labelling outlook in Global market? What trends are affecting the Global market? What is the competitive landscape and market share of major players in the Nucleic Acid Labelling space in Global market? What are the key, high growth markets that Nucleic Acid Labelling manufacturers should expand into? Which market segments are growing the fastest? What are the unmet needs with the Nucleic Acid Labelling currently on the market? How will emerging technologies fulfil these unmet needs? What is physician perception and market outlook of Nucleic Acid Labelling? What are the challenges and barriers that have hindered widespread adoption of Nucleic Acid Labelling?
Global Nucleic Acid Labelling: Key Players Some of the major companies dominating Global Nucleic Acid Labelling Market are Thermo Fisher Scientific, New England Biolabs, PerkinElmer, F. Hoffmann La-Roche AG, General Electric Company, Merck KGaA, Enzo Biochem, Promega Corporation, Vector Laboratories, and Agilent Technologies.
Reasons to buy Global Nucleic Acid Labelling Report: Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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