Life Sciences & Analytical Reagents Market - (2011 – 2016)

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MarketsandMarkets Presents
Life Sciences Analytical Reagents Market -
Global Forecasts (2011 2016)

http//www.marketsandmarkets.com/Market-Reports/li
fe-sciences-analytical-reagents-market-720.html
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The report Life Sciences Analytical Reagents
Market - Applications, Current Trends,
Opportunities Global Forecasts (2011 2016),
as the name suggests, analyzes and studies the
major market drivers, restraints, and
opportunities in North America, Europe, Asia
Rest of World. Browse gtgt
184 data tables 16 figures
in-depth TOC on Life Sciences
Analytical Reagents Market http//www.marketsan
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al-reagents-market-720.html Early buyers will
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report.
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Biotechnology (life sciences and analytical)
reagents are the substances or compounds used to
detect or synthesize another substance in order
to provide a test reading. These reagents are
used in the field of research, diagnosis,
bioscience, and education. The life science and
analytical reagents market studied in this report
is vast it consists of several technologies such
as PCR, cell culture, IVD, expression and
transfection, chromatography, spectrometry,
electrophoresis, and flow cytometry. The
biotechnology reagents market, by technology,
studied in this report, are segmented as life
sciences reagents and analytical reagents of
which life sciences segment accounted for the
largest share of 59.37 of the total market in
2011. The global life sciences and analytical
reagents market was valued at 40,308.8 million
in 2011 and is expected to reach 59,319.2
million by 2016 growing at a CAGR of 8 from
2011 to 2016.
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The life science and analytical reagents market
is driven by the increasing use of reagents in
therapeutics, basic research and commercial
applications. The demand for biotechnology
reagents is largely dependent on the growth of
the biotechnology instrumentation market. The
biotechnology instrumentation market continues to
witness significant growth due to an increase in
the number of biotechnology firms and increase in
research and development expenditure by
biotechnology companies, thus augmenting the
demand for biotechnology instruments. Continual
product developments are being witnessed in
industries such as pharmaceutical/bio-pharmaceutic
al, agri-biotech, and food and beverages this is
expected to facilitate market growth. North
America dominated the life science and analytical
reagents market with 46.28 share in 2011.
Successful completion of the first phase of the
Human Genome Project, ahead of schedule, has
given rise in the U.S. reagent market.
Investments, government funding, and new products
are driving the reagents market in the U.S. The
Asian market, however, shows greater
opportunities, when compared to other regions,
with the highest CAGR of 11.8 from 2011 to 2016
due to increased research outsourcing activities
in the life technology field.
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