Global Molecular Weight Marker Market Size study & Forecast, by Product (DNA Marker, Protein Marker, and RNA Marker), Application (Nucleic Acid Application (Proteomics Application), Type (Prestained Marker, Unstained Marker, and Specialty Marker), and Regional Analysis, 2023-2030
Global Molecular Weight Marker Market is valued approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2023-2030. Molecular weight markers serve the purpose of determining the size of molecules undergoing gel electrophoresis, encompassing protein, DNA, and RNA ladders. Typically employed on agarose or polyacrylamide gels, these markers are positioned alongside the sample lane prior to commencing the electrophoresis process. This positioning aids in identifying the size and weight of unknown molecules. Moreover, these markers find applications in genome, gene, and disease research endeavors.
The anticipated growth of the market is poised to receive a significant boost from various factors, including escalating investments in research and development (R&D) and a heightened focus on proteomics and genomics technologies research. Major pharmaceutical and biotechnology companies' increased R&D investments emerge as a primary driver for the utilization of molecular weight markers. For instance, Pfizer exhibited substantial R&D investment, allocating USD 13,829 million in FY 2021, compared to USD 9,343 million in the preceding year. Similarly, Biocon Biologics Limited intends to elevate its R&D investments significantly by 10-15% in the upcoming financial year (FY 2023) to stimulate future growth. Moreover, the mounting investment by pharmaceutical companies in molecular biology R&D, coupled with advancements in proteomics and genomics research, is set to propel the market forward. Notably, the Magnotta Foundation's contribution of approximately USD 1.4 million to Lyme disease research utilizing molecular markers exemplifies this trend. Additionally, the University of Leeds' investment of USD 21.25 million in structural biology research is expected to integrate molecular markers into research activities in over 50% of cases. The substantial investments in specialized research areas involving molecular markers, alongside the growing emphasis on molecular research biology, are anticipated to drive market expansion. However, stringent government regulations and lack of skilled professionals stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Molecular Weight Marker Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America has emerged as the leading region in the molecular weight markers industry, commanding the largest revenue share. This dominance is attributed to the abundance of prominent research laboratories and biotechnology firms like CELGENE CORP. and Amgen Inc. situated in the region. Furthermore, the highly advanced healthcare and research infrastructure prevalent in North America have significantly contributed to market expansion. On the contrary, the Asia Pacific region is forecasted to register the highest compound annual growth rate (CAGR) during the forecast period. This surge in growth is propelled by the increasing focus of Contract Research Organizations (CROs) and biotechnology companies in the region for drug discovery and development initiatives. Notably, CROs are directing their attention towards Asian countries such as China and India for conducting clinical trials, buoyed by comparatively less stringent government regulations and the availability of skilled professionals. These factors are poised to fuel robust market growth across the Asia Pacific region.
Major market player included in this report are:Thermo Fisher Scientific Inc.
Agilent Technologies, Inc
Bio-Rad Laboratories, Inc.
F Hoffmann-La Roche AG
Merck KGaA
New England Biolabs
Promega Corporation
QIAGEN N.V.
VWR International
Takara Bio Inc.
Recent Developments in the Market: In May 2022, Agilent Technologies, Inc. partnered with APC Ltd., integrating their technologies to develop a real-time process monitoring solution. This collaboration aims to facilitate automated process analysis using liquid chromatography, enhancing workflow efficiency for consumers.
In May 2022, F. Hoffmann-La Roche Ltd. introduced a novel PCR test specifically designed for detecting the monkeypox virus. This innovative test is expected to play a crucial role in tracking the contagious spread of the virus.
In November 2022, Creative Enzymes unveiled their latest line of highly efficient and cost-effective DNA markers and ladders, swiftly capturing the attention of the research market.
August 2022 witnessed Bio-Rad Laboratories, Inc., a renowned manufacturer of molecular weight markers, announcing the acquisition of all outstanding shares of Curiosity Diagnostics, Sp. Z. o. o. from Scope Fluidics, S.A. This strategic move was aimed at reinforcing Bio-Rad's foothold in the molecular diagnostics market while broadening its range of product offerings.
Global Molecular Weight Marker Market Report Scope: Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Application, Type, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Product:
DNA Marker
Protein Marker
RNA Marker
By Application:
Nucleic acid applications
Proteomics applications
By Type:
Prestained markers
Unstained markers
Specialty markers
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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