Asia Pacific Molecular Weight Marker Market Growth Rates (2016 To 2021)
The Asia Pacific Molecular weight Marker market is segmented on the basis of Products, Type, End User, and Application. On the basis of product, it is segmented into DNA, RNA, and Protein Ladders
(EMAILWIRE.COM, May 09, 2018 ) Asia Pacific Molecular weight Marker market is anticipated to grow at 13.96% CAGR from 2016 to 2021 and it is estimated that the Asia Pacific market was valued at USD 42.47 million in 2016 and is expected to reach USD 81.63 million by 2021.
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A molecular-weight size marker, also known as a protein ladder, DNA ladder, or RNA ladder, is a set of standards that are used to identify the approximate size of a molecule run on a gel during electrophoresis, utilizing the principle that molecular weight is inversely proportional to migration rate through a gel matrix.
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An increase in the popularity of personalized medicines for the treatment of chronic diseases and genetic disorders is a major factor contributing toward the growth of the market. Personalized medicines involve the application of molecular weight markers for the study of individual’s genome, genes, and diseases. Thus, growing adoption of personalized medicines along with the escalating focus on molecular biology research is expected to boost the demand for molecular weight marker products. Technological advancement in molecular biology products, such as PCR and NGS coupled with high-quality molecular weight marker is another major factor contributing toward growth. Advancement in recent times in these products has provided provision for a clearer background and sharp bands. Thus, the demand for molecular weight marker products is expected to grow in the near future, which in turn is expected to boost the market growth.
The Asia Pacific Molecular weight Marker market is segmented on the basis of Products, Type, End User, and Application. On the basis of product, it is segmented into DNA, RNA, and Protein Ladders. The DNA markers segment was the largest revenue-grossing segment and is projected to grow at significant CAGR during the forecast period. Rising R&D activities related to genomics research boosts the demand for DNA markers for genome mapping. The protein markers segment is expected to witness a lucrative growth during the forecast period, owing to the rise in the application of these products for proteomics study. The researchers and biotechnology companies are focusing on the application of proteomics study for new drug discovery and clinical diagnostics. On the basis of Type, it is segmented into Pre-stained, and Specialty. Pre-stained markers were the highest revenue-generating segment in, due to their large application in genomics and proteomics research. The unstained segment is estimated to witness significant growth in the coming years due to its ability to provide highly accurate molecular weight determinations of the sample over a wide molecular weight range. On the basis of Application, it is segmented into PCR, Western Blotting, and Gel Extraction. Molecular weight marker has applications in nucleic acid and proteomics study. The nucleic acid segment dominated the sector is due to an increasing focus on DNA- and RNA-based research. The growing demand for advanced diagnostics and therapeutics products has led to an increased focus on genomics research. The proteomics application segment is expected to be the fastest-growing segment. Rising application of western blotting and gel extraction for proteomics research including drug discovery and clinical diagnostics drives the growth of the market. On the basis of End User, the market is segmented into Contact Research Organizations (CRO), Pharmaceutical Companies, and Academic Institutes. The academic and research institutes segment accounted for the largest share in terms of revenue due to rising funding for molecular biology research by private and government organizations. There is a growing focus on research based on genomics such as genotyping, cytogenetics, gene expression, epigenetic analysis, and transcriptome analysis, which is boosting the application of molecular weight markers in academic and research institutes. The pharmaceutical and biotechnology companies segment is anticipated to witness significant CAGR over the forecast period due to the rising investment in R&D for new drug development.
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On the basis of geography, the market I segmented into various regions namely India, China, Japan, South Korea and Australia. Asia Pacific is estimated to witness the highest CAGR during the forecast period, due to the rising focus of CROs and biotechnology companies in this region for drug discovery and development. Moreover, the CROs are focusing on Asian countries such as China and India for clinical trials owing to less stringent government regulations and availability of skilled professionals is further expected to boost the market growth.
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Some of the key players dominating the market are F Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Agilent Technologies, Sigma-Aldrich, Affymetrix, Inc., QIAGEN, Takara Bio Inc., Bio-Rad Laboratories, Promega Corporation and New England Biolabs.
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Browse For Full Report @ https://www.marketdataforecast.com/market-reports/asia-pacific-molecular-weight-marker-market-6663/
A molecular-weight size marker, also known as a protein ladder, DNA ladder, or RNA ladder, is a set of standards that are used to identify the approximate size of a molecule run on a gel during electrophoresis, utilizing the principle that molecular weight is inversely proportional to migration rate through a gel matrix.
Request Sample Report @ https://www.marketdataforecast.com/market-reports/asia-pacific-molecular-weight-marker-market-6663/request-sample
An increase in the popularity of personalized medicines for the treatment of chronic diseases and genetic disorders is a major factor contributing toward the growth of the market. Personalized medicines involve the application of molecular weight markers for the study of individual’s genome, genes, and diseases. Thus, growing adoption of personalized medicines along with the escalating focus on molecular biology research is expected to boost the demand for molecular weight marker products. Technological advancement in molecular biology products, such as PCR and NGS coupled with high-quality molecular weight marker is another major factor contributing toward growth. Advancement in recent times in these products has provided provision for a clearer background and sharp bands. Thus, the demand for molecular weight marker products is expected to grow in the near future, which in turn is expected to boost the market growth.
The Asia Pacific Molecular weight Marker market is segmented on the basis of Products, Type, End User, and Application. On the basis of product, it is segmented into DNA, RNA, and Protein Ladders. The DNA markers segment was the largest revenue-grossing segment and is projected to grow at significant CAGR during the forecast period. Rising R&D activities related to genomics research boosts the demand for DNA markers for genome mapping. The protein markers segment is expected to witness a lucrative growth during the forecast period, owing to the rise in the application of these products for proteomics study. The researchers and biotechnology companies are focusing on the application of proteomics study for new drug discovery and clinical diagnostics. On the basis of Type, it is segmented into Pre-stained, and Specialty. Pre-stained markers were the highest revenue-generating segment in, due to their large application in genomics and proteomics research. The unstained segment is estimated to witness significant growth in the coming years due to its ability to provide highly accurate molecular weight determinations of the sample over a wide molecular weight range. On the basis of Application, it is segmented into PCR, Western Blotting, and Gel Extraction. Molecular weight marker has applications in nucleic acid and proteomics study. The nucleic acid segment dominated the sector is due to an increasing focus on DNA- and RNA-based research. The growing demand for advanced diagnostics and therapeutics products has led to an increased focus on genomics research. The proteomics application segment is expected to be the fastest-growing segment. Rising application of western blotting and gel extraction for proteomics research including drug discovery and clinical diagnostics drives the growth of the market. On the basis of End User, the market is segmented into Contact Research Organizations (CRO), Pharmaceutical Companies, and Academic Institutes. The academic and research institutes segment accounted for the largest share in terms of revenue due to rising funding for molecular biology research by private and government organizations. There is a growing focus on research based on genomics such as genotyping, cytogenetics, gene expression, epigenetic analysis, and transcriptome analysis, which is boosting the application of molecular weight markers in academic and research institutes. The pharmaceutical and biotechnology companies segment is anticipated to witness significant CAGR over the forecast period due to the rising investment in R&D for new drug development.
Inquire Before Buy @ https://www.marketdataforecast.com/market-reports/asia-pacific-molecular-weight-marker-market-6663/inquire
On the basis of geography, the market I segmented into various regions namely India, China, Japan, South Korea and Australia. Asia Pacific is estimated to witness the highest CAGR during the forecast period, due to the rising focus of CROs and biotechnology companies in this region for drug discovery and development. Moreover, the CROs are focusing on Asian countries such as China and India for clinical trials owing to less stringent government regulations and availability of skilled professionals is further expected to boost the market growth.
Buy Now @ https://www.marketdataforecast.com/cart/buy-now/asia-pacific-molecular-weight-marker-market-6663
Some of the key players dominating the market are F Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Agilent Technologies, Sigma-Aldrich, Affymetrix, Inc., QIAGEN, Takara Bio Inc., Bio-Rad Laboratories, Promega Corporation and New England Biolabs.
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: 18887029626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: 18887029626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results