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Molecular Weight Marker Market Worth $472.47 Million by 2019 Reports MarketsandMarkets - This report segments the global Molecular Weight Marker market by products, applications, and end users - MarketsAndMarkets.com
Molecular Weight Marker Market Worth $472.47 Million by 2019 Reports MarketsandMarkets

 

NewswireToday - /newswire/ - Wilmington, DE, United States, 2015/03/02 - This report segments the global Molecular Weight Marker market by products, applications, and end users - MarketsAndMarkets.com.

   
 
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The report “Molecular Weight Marker Market by Products (DNA, RNA, Protein Ladders), Type (Prestained, Specialty), Application (PCR, Western Blotting, Gel Extraction) & End User (Academic Institutes, Pharmaceutical Companies, CRO) - Global Forecast to 2019”, report provides a detailed overview of the major drivers, restraints, challenges, opportunities, current market trends, and strategies impacting the global molecular weight marker market along with the estimates and forecasts of the revenue and market share analysis.

The global molecular weight marker market was estimated at a value $265.36 million in 2014. This market is expected to grow at a CAGR of 12.23 % between 2014 and 2019, to reach $472.47 million in 2019.

The R&D expenditure and number of biotechnology patents are important indicators for this market. Increased research and development spending by pharmaceutical and biotechnology companies aided by increasing public sector funding for basic research which has a strong upward trend worldwide is expected to drive the molecular weight marker market. According to World Bank, North America accounted for 37.74% of the global R&D spending in 2010. The R&D spending in Asia increased from $158.94 billion in 2001 to $329.31 billion in 2010, at a CAGR of 8.43%. In 2010, Asia accounted for 27.13% of the global R&D spending and is expected to grow at a fastest rate in coming years. Growing partnership between academic research institutes and biotechnology & pharmaceutical companies for life science research will also aid the growth of the molecular weight marker market.

The molecular weight marker market is segmented on the basis of products into DNA, Protein and RNA markers. Of these, DNA markers segment had the largest share of the molecular weight marker market in 2014 and is expected to grow at the highest CAGR between 2014 and 2019.

The application segments included in this report are nucleic acid applications and protein applications. The nucleic acid applications had the largest share of the molecular weight marker market in 2014, while the protein application segment is expected to grow at the highest CAGR between 2014 and 2019.

The geographic segments included in this report are North Americas, Europe, Asia and Rest of the World (RoW). North America has the largest share of this market in 2014, while Asia is expected to grow at the fastest rate during the forecast period. Growth in the Asian molecular weight marker market will primarily be driven by the rapid increase in R&D expenditure in this region.

The major players in the molecular weight marker market include F Hoffmann-La Roche AG (Switzerland), Thermo Fisher Scientific Inc. (U.S.), Agilent Technologies (U.S.), Sigma-Aldrich (U.S.), Affymetrix, Inc.(U.S.), QIAGEN (Netherlands), Takara Bio Inc. (Japan), Bio-Rad Laboratories (U.S.), Promega Corporation (U.S.) and New England Biolabs (U.S.).

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Molecular Weight Marker Market Worth $472.47 Million by 2019 Reports MarketsandMarkets

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