Global Biochemical Reagents Market to Reach $40.1 Billion by 2030
The global market for Biochemical Reagents estimated at US$20.5 Billion in the year 2022, is projected to reach a revised size of US$40.1 Billion by 2030, growing at a CAGR of 8.8% over the analysis period 2022-2030. PCR Reagent Kits, one of the segments analyzed in the report, is projected to record 11.1% CAGR and reach US$6.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cell and Tissue Culture Reagents segment is readjusted to a revised 9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 12% CAGR
The Biochemical Reagents market in the U.S. is estimated at US$5.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.2 Billion by the year 2030 trailing a CAGR of 12% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.7% CAGR.Select Competitors (Total 42 Featured) -
- Abbott Laboratories
- Agilent Technologies, Inc.
- BD Biosciences
- Bio-Rad Laboratories, Inc.
- F. Hoffmann-La Roche AG
- Johnson & Johnson
- Merck & Co., Inc.
- Siemens Healthineers
- Thermo Fisher Scientific, Inc.
- Waters Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Abbott Laboratories
- Agilent Technologies, Inc.
- BD Biosciences
- Bio-Rad Laboratories, Inc.
- F. Hoffmann-La Roche AG
- Johnson & Johnson
- Merck & Co., Inc.
- Siemens Healthineers
- Thermo Fisher Scientific, Inc.
- Waters Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 194 |
| Published | April 2024 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 20.5 Billion |
| Forecasted Market Value ( USD | $ 40.1 Billion |
| Compound Annual Growth Rate | 8.7% |
| Regions Covered | Global |
