India Molecular Biology
Reagents & Kits market is anticipated to witness a growth at a steady CAGR
in the forecast period, 2024-2028. This
can be ascribed to the growing funding for genomics, lowering sequencing
process costs and rising prevalence of
chronic diseases across the country. Similarly, growing improvements in the
molecular biology sector had a substantial impact on life sciences research
conducted for the management of medial disorders which will increase the usage
of molecular biology reagents and kits and drive the growth of the market during
the forecast period. Additionally, continuous development of restriction
enzymes with respect to specificity and effectiveness are expected to drive the
growth of the market over the years. Also, the growing existence of significant
businesses offering genetic tests, the widespread use of modern therapies, and
government guidelines to maintain the integrity of hereditary testing screening
are expected to drive the growth of the market in the forecast period.
Similarly, increase in investments in healthcare and infrastructure has led to
a surge in demand for molecular biology reagents and kits across the country.
Increasing
number of genome projects
Gene
mutations play a major role in the molecular biology and prevalence of diseases
or disorders such as immune system, metabolic diseases, cancer and in born
genetic disorders, which will further boost the growth of the market during the
forecast period. As a result, detailed knowledge of the human genome can
significantly help researchers understand the aetiology of specific diseases
and develop treatment plans. Also, growing demand for reducing the genetic
analysis costs across the country along with growing support from the
government for conducting advanced research in different domains such as
disease treatment, personalized medicine and microbial genetics which will
further drive the growth of the market over the years. This requires the use of
different molecular biology enzymes and reagents and in turn is expected to
drive the India molecular biology enzymes and kits and reagents market. An
estimated 495,000 infants with congenital malformations, 390,000 with G6PD
deficiency, 21,400 with Down syndrome, 9,000 with beta-thalassaemia, 5,200 with
sickle cell disease, and 9,760 with amino acid disorders are born each year in
India.
Growing
Technological Advancements
The
growing advancements in molecular biology has changed the way of illnesses
detection and treatment, which is expected to enhance the demand for molecular biology
reagents & kits during the forecast period. Modern molecular biology
reagents and kits can detect bacteria, viruses and transmitted mutations
quickly and with unrivalled precision, which will drive the growth of the
market over the years. The molecular reagents have surged in recent times due
to technical breakthroughs and influence the development area of healthcare.
Manufacturers of molecular diagnostics reagents and kits are focusing on new technologies
that enable biologists to examine and understand massive amounts of genetic
data and this in turn is expected to create lucrative growth for the market
during the forecast period. The estimated number of cases of cancer in India
for the year 2022 was found to be 14,61,427 (crude rate:100.4 per 100,000).
Increase
in the Development of Biomarkers
Increasing
funding on biomarker research and development is expected to boost the growth
of the India molecular biology reagents and kits market during the forecast
period. Also, growing usage of biomarkers for the diagnosis and prognosis along
with diseases forecasting and evaluation will further boost the growth of the
market during the forecast period. So, for diseases detection such as
hepatitis, HIV and others growing demand for advanced molecular biology reagents
and kits will further enhance the demand for the market. Also, growing interest
of large corporations in expanding their grit by producing biomarker solutions
is anticipated to boost the growth of the market.
Download Free Sample Report
Market
Segmentation
India Molecular Biology Reagents &
Kits market can be segmented by type, application, end user, region and
competitive landscape. Based on type, the market can be segmented into Reagents
& Kits, Enzymes, PCR Master Mixes, Others. Based on application, the market
can be segmented into PCR, NGS,
Cloning, Gene Function, Nucleic Acid Purification, Proteomics, Others. Based on
end user, the market can be differentiated into Academic & Research
Institutions, Pharmaceutical & Biotechnology Companies, Hospitals &
Clinics, Others.
Market Players
Thermo Fisher Scientific India
Pvt. Ltd., Agile Lifescience Technologies (India) Pvt Ltd, Bio Lab Diagnostics
(I) Private Limited, Illumina India Biotechnology Private Limited, Agilent Technologies
India Pvt Ltd, QIAGEN India
Pvt. Ltd., Clementia Biotech, ELK Biotechnology Co. Ltd., among others are some of the leading players
operating in the India Molecular Biology Reagents & Kits market.
|
Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historic
Data
|
2018 – 2021
|
|
Estimated
Year
|
2023
|
|
Forecast
Period
|
2024 – 2028
|
|
Quantitative
Units
|
Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028
|
|
Report Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments Covered
|
By Type
By Application
By End User
By Region
|
|
Regional
scope
|
North,
South, West, East
|
|
Key
companies profiled
|
Thermo Fisher Scientific India Pvt. Ltd., Agile Lifescience
Technologies (India) Pvt Ltd, Bio Lab Diagnostics (I) Private Limited,
Illumina India Biotechnology Private Limited, Agilent Technologies India Pvt
Ltd, QIAGEN India Pvt. Ltd.,
Clementia Biotech, ELK Biotechnology Co. Ltd.
|
|
Customization
scope
|
10% free
report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and
purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery
Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, India Molecular Biology
Reagents & Kits market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- India Molecular Biology Reagents
& Kits Market, By Type:
o
Reagents & Kits
o
Enzymes
o
PCR Master Mixes
o
Others
· India
Molecular Biology Reagents & Kits Market, By Application:
o
PCR
o
NGS
o
Cloning
o
Gene Function
o
Nucleic Acid
Purification
o
Proteomics
o
Others
· India
Molecular Biology Reagents & Kits Market, By End User:
o
Academic &
Research Institutions
o
Pharmaceutical &
Biotechnology Companies
o
Hospitals &
Clinics,
o
Others
· India Molecular Biology
Reagents & Kits Market, By Region:
o
North
o
South
o
West
o
East
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in the India Molecular Biology Reagents
& Kits Market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following customization
options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
India Molecular
Biology Reagents & Kits Market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at [email protected]