Genomics and Proteomics Reagents, Research Kits and Analytical Instruments Market is Expected to Grow to USD 52.3 Billion

  Genomics and Proteomics Reagents, Research Kits and Analytical Instruments
Market is Expected to Grow to USD 52.3 Billion Globally by 2019: Transparency
                               Market Research

  PR Newswire

  ALBANY, New York, August 21, 2013

ALBANY, New York, August 21, 2013 /PRNewswire/ --

According to a new market report published by Transparency Market Research (
http://www.transparencymarketresearch.com ) " Genomics and Proteomics
Reagents, Research Kits and Analytical Instruments Market (Sample Preparation,
Electrophoresis, BioChips and Microarrays, Chromatography, Mass Spectrometry,
Thermal Cyclers, Next-Gen Sequencing)  -  Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2013  -  2019 , " in 2012, the global
genomics and proteomics reagents, research kits and analytical instruments
market was valued at USD 23.8 billion and is expected to grow at a CAGR of
12.1% from 2013 to 2019, to reach an estimated value of USD 52.3 billion in
2019.

Browse the full report at
http://www.transparencymarketresearch.com/proteomics-market.html

The global genomics and proteomics market is expected to experience a growth
in revenues at a CAGR of 12.1% during the forecast period, mainly due to
exponential growth in preclinical and clinical research in drug discovery and
disease identification. Since global incidence rates of cancer, diabetes and
genetic diseases are on a rise, the market revenue growth is inevitable.
Moreover, other emerging applications such as forensics and agriculture are
also contributing to the growth which in turn has increased the number of
research projects all over the world particularly in genomics. Proteomics has
grown with increasing interest in protein mutations due to changes in genome
and has given rise to a unique field of proteogenomics which is carving a
commercial position for itself.

Genomics and proteomics reached a major milestone after the completion of
Human Genome project in 2001. During the process, the research industry
realized the need for affordable methods to sequence genomes of other
organisms as well. This led to a revolution in life science analytical
research tools and technologies such as thermal cyclers, mass spectrometry,
and gel electrophoresis. An impressive genome database of various organisms is
available today for researchers through various sources such as gene banks.
Advancing technology and miniaturization of memory devices in electronics and
semiconductors has also played a very significant role in creating this
accomplishment. Several rare and unknown diseases such as autism, Alzheimer's
along with high incidence diseases such as cancer and diabetes are currently
being addressed through these technologies by drug discovery, disease
identification and structural dynamics of proteins.

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A large fragmented market indicates high competitive pricing and no loss in
quality of products, thus buyers have multiple options to choose from. Unique
software for each application and company specified reagents for machines have
reduced the negotiating power of buyers as companies do not guarantee good
results without usage of company recommended reagents or software solutions.
Customer loyalty is very low as researchers are keen to experiment with
different products that may yield better results. A high number of
acquisitions and mergers in the field of biotechnology indicate the nature of
the market. New technological innovations are taking place on a regular basis.
Patenting these products and commercializing them is a challenging task for
new entrants in the face of giants such as Agilent, Thermo-Scientific, Waters
and other players. Thus joint ventures and collaborations with existing
players give an excellent platform for new entrants to expand in this field.
The threat of new entrants is high and is expected to remain so throughout the
forecast period.

Key players leading the genomics and proteomics market are Thermo Fisher
Scientific, Agilent Technologies, Life Technologies, Qiagen and Illumina.
Intense competition has lowered prices for all types of technologies and is
expected to continue further. Miniaturization of technologies such as
lab-on-a-chip, biochip and microarray lead the research along with
miniaturization of other analytical instruments such as portable mass
spectrometers and thermal cyclers.

North America was the largest regional market by revenue in 2012, due to
regular break-through innovations in technology that have been introduced in
several genomic and proteomic areas. Continued investment in healthcare and
medical research is another factor responsible for steady growth in North
America. Asia-Pacific and Latin America are expected to show the fastest
growth through the forecast period.

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The global genomics and proteomics market is segmented into the following
categories:

Genomics and Proteomics Market, by Reagent and Research Kits

  *Sample Preparation Kits

       *Prepackaged Sample Preparation Kits for PCR
       *Prepackaged Sample Preparation Kits for Chromatography
       *Prepackaged Sample Preparation Kits for Mass Spectrometry
       *Prepackaged Sample Preparation Kits for Electrophoresis

  *Purification Kits
  *Electrophoresis Kits

       *Capillary Electrophoresis
       *Gel Electrophoresis

  *BioChips and Microarrays

       *DNA BioChips and Microarrays
       *Protein and Peptide BioChips and Microarrays

Genomics and Proteomics Market, by Analytical Instruments

  *Chromatography

       *Gas Chromatography
       *Liquid Chromatography

  *Mass Spectrometry, by Analyzers

       *Tandem Mass Spectrometry
       *Time-Of-Flight Mass Spectrometry
       *Quadrupole Mass Spectrometry
       *Fourier Transform Mass Spectrometry
       *Others (Magnetic Sector, Orbitrap, Ion Trap)

  *Thermal Cyclers

       *Digital Thermal Cyclers
       *Conventional or Traditional Thermal Cyclers
       *Real-Time Thermal Cyclers

  *Next Generation Sequencing

Genomics and Proteomics Market, by Geography

  *North America
  *Europe
  *Asia-Pacific
  *Rest of the World (RoW)

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