Global Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market Insights Forecasts to 2030

• The Global Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market Size was valued at USD 36 Billion in 2021.
• The Market Size is Growing at a CAGR of 11% from 2021 to 2030
• The Worldwide Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market Size is Expected to reach USD 92 Billion by 2030
• The Asia Pacific is Expected to Grow the fastest during the forecast period

The Global Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market Size is Expected to reach USD 92 Billion by 2030, at a CAGR of 11% during the forecast period 2021 to 2030.

The Genomics and proteomics reagents research kits and analytical instrumentation market has grown due to the increased investment in the pharmaceutical sector and the increase demand for better diagnostic technologies.

Market Overview

Genomic science is the study of an organism's genetic or epigenetic sequence information. This field also tries to figure out the structure and function of these sequences, as well as the things that are made from these sequences. Proteomics is the study of proteins in a systematic way. The collection of all the proteins that an organism or system makes or changes is called its proteome. Through the study of proteomics, scientists are able to identify an ever-growing number of proteins. The main things that are making the market for genomics and proteomics reagents research kits and analytical instrumentation grow are the greater focus on product quality, more money spent on research and development, and strict government regulations. The market is expected to grow because customers are becoming more aware of their needs, especially in developing areas, and because analytical instruments are needed in many different industries. The growth of the market would be helped by more crude oil and shale gas production, as well as by improvements in mass spectrometer technology. Also, strict rules about the safety of drugs, and more attention to the quality of food products, would help the market grow. On the other hand, the high price of analytical equipment is a barrier that slows the growth of the market. In addition to the price of the equipment, there are many other costs that come with running a laboratory. Staffing, maintenance, and other laboratory costs are part of these related costs. Also, the price of analytical instruments is going up because new features and functions, technical improvements, and new system designs are making them more expensive. For example, the price of high-performance liquid chromatography (HPLC) could be anywhere from 12,000 to 50,000 US dollars. About 200,000 SUD is needed to buy the packing station and the 90-L column.

Report Coverage

This research report categorizes the market for global genomics and proteomics reagents research kits and analytical instrumentation based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global genomics and proteomics reagents research kits and analytical instrumentation market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each global genomics and proteomics reagents research kits and analytical instrumentation market sub-segments.

Segmentation Analysis

• In 2021, the instrumentation and analytical tools [ chromatography, mass spectrometry, thermal cyclers, next-gen sequencing] segment dominated the market with the largest market share of 57% and market revenue of 20.52 billion.

Based on the product type, the global genomics and proteomics reagents research kits and analytical instrumentation market is categorized into Instrumentation and Analytical Tools [ Chromatography, Mass Spectrometry, Thermal Cyclers, Next Gen Sequencing], and Reagent & Research Kits [ Sample Prep Kits, Electrophoresis Kits, Purification Kits, BioChips]. In 2021, the instrumentation and analytical tools [ chromatography, mass spectrometry, thermal cyclers, next-gen sequencing] segment dominated the market with the largest market share of 57% and market revenue of 20.52 billion. Due to the rise in chronic disorders and the increase in the adoption of proteomics in disease diagnostics this segment is dominating.

• In 2021, the pharmaceutical and biotechnology organizations segment accounted for the largest share of the market, with 39.1% and a market revenue of 14.07 billion.

Based on end-user, the genomics and proteomics reagents research kits and analytical instrumentation market is categorized into Diagnostic Laboratories, Pharmaceutical and Biotechnology Organizations, and Research Laboratories. In 2021, the pharmaceutical and biotechnology organizations segment accounted for the largest share of the market, with 39.1% and market revenue of 14.07 billion. In pharmaceutical and biotechnology, the basic ideas of biotechnology are used to make drugs. Bioformulations, like vaccines, antibodies, and drugs made from nucleic acid, make up the vast majority of therapeutic medicines on the market today.

Regional Segment Analysis of the Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America emerged as the largest market for the global genomics and proteomics reagents research kits and analytical instrumentation market, with a market share of around 34% and 36 billion of the market revenue in 2021.

• In 2021, North America emerged as the largest market for the global genomics and proteomics reagents research kits and analytical instrumentation market, with a market share of around 34% and 36 billion of the market revenue. Because of the high demand for research and development activities, and the rising production of genomics and proteomics this region become dominant.
• The Asia-Pacific market is expected to grow at the fastest CAGR between 2021 and 2030, India is one of the growing markets in the genomics and proteomics reagents research kits and analytical instrumentation because it is spending more money on testing and research & development. In addition to this, new products with better functions are being made and sold in the region.

Competitive Landscape

The report offers the appropriate analysis of the key organizations/companies involved within the global genomics and proteomics reagents research kits and analytical instrumentation market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Market Players:

• Thermo Fisher Scientific Inc.
• Waters Corporation
• Agilent Technologies Inc.
• Bruker Corporation
• Sartorius AG
• Bio-Rad Laboratories Inc.
• Danaher Corporation
• PerkinElmer Inc.
• Shimadzu Corporation

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Third-party knowledge providers
• Value-Added Resellers (VARs)

Some of the Key Developments:

• In February 2022, Sartorius AG announced that it had bought Novasep's chromatography business. The portfolio that was bought has both new technologies for making continuous biologics and chromatography systems that work best with smaller biomolecules like oligonucleotides, peptides, and insulin. This is just a small list.
• In November 2021, Agilent Technologies said that the NanoDisSystem, a tool for figuring out how well nanoparticles dissolve, will be available in the spring of 2022. The new NanoDisSystem has a dedicated process that can be automated and checked. This makes it possible for clients to meet the requirements of 21 CFR Part 11 and other rules by using the system.

Market Segment

This study forecasts global, regional, and country revenue from 2021 to 2030. Spherical Insights has segmented the global genomics and proteomics reagents research kits and analytical instrumentation market based on the below-mentioned segments:

Global Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market, By Product Type

• Instrumentation and Analytical Tools
  • Chromatography
  • Mass Spectrometry
  • Thermal Cyclers
  • Next-Gen Sequencing
• Reagent & Research Kits
  • Sample Prep Kits
  • Electrophoresis Kits
  • Purification Kits
  • BioChips

Global Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market, By End-User

• Diagnostic Laboratories
• Pharmaceutical and Biotechnology Organizations
• Research Laboratories

Global Genomics And Proteomics Reagents Research Kits And Analytical Instrumentation Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa