Global Molecular Biology Enzymes and Kits Market – Analysis and Forecast (2018-2024)

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Molecular Biology Enzymes and Kits Market

Molecular biology enzymes and kits are natural proteins created by living organisms and are extremely discerning biochemical catalysts. The global molecular biology enzymes and kits market is growing at significant rate, due to mounting occurrence of infectious diseases and genetic diseases. Different product contributed to the molecular biology enzymes and kits market size. The market has witnessed high demand for kits and reagents over the last few years due to the necessity of recurrence buying of these single-use products and mounting drug ÂŠ 2018 VynZ Research All rights reserved

research in the pharmaceutical industry.

Molecular Biology Enzymes and Kits Market

The technological developments in life science industry, mounting occurrence of genetic disorders and infectious diseases and budding number of genome projects are the primary growth drivers for molecular biology enzymes and kits market. For instance, according to the World Health Organization (WHO), in 2016 approximately 10.4 million people were suffering with tuberculosis and approximately 1.7 million people die from the disease. Moreover, according to WHO in 2015 approximately 887,000 deaths occurred due to complications of hepatitis B and in 2016 approximately one million people died from HIV related causes

Molecular Biology Enzymes and Kits Market

Asia-Pacific is observed to witness fastest growth in the market, due to mounting government concentration in biomedical and biotechnology industries. In addition, outsourcing of clinical research activities, mounting pharmaceutical industry and schemes by non-profit organizations are also creating a positive impact on the molecular biology enzymes and kits market growth in the region. In June 2018, Thermo Fisher Scientific, Inc., opened the U.S. Precision Medicine Science Center (PMSC) in Cambridge, to develop analytical workflows which produce accurate molecular profiles of patients. New England Biolabs, Thermo Fisher Scientific, Inc., Illumina, Inc., F. Hoffmann-La Roche Ltd, Qiagen N.V., Bio Basic Inc., Merck KGaA, Agilent Technologies, Inc., Takara Bio, Inc. and Promega Corporation are the key players offering molecular biology enzymes and kits.

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