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North America Molecular Biology Enzymes, Kits, and Reagents Market

2021

North America Molecular Biology Enzymes, Kits, and Reagents Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product (Enzymes and Kits & Reagents), Application (Epigenetics, Sequencing, Synthetic Biology, Polymerase Chain Reaction, and Other), and End User (Biotechnological & Pharmaceutical Companies, Hospitals & Diagnostic Centers, and Academic & Research Institutes)

Publication Month: Nov 2021 | Report Code: TIPRE00025773 | No. of Pages: 163 | Category: Biotechnology | Status: Published

Market Insights

North America Molecular Biology Enzymes, Kits, and Reagents Market to Grow at a CAGR of 18.4% to reach US$ 17,999.75 million Million from 2021 to 2028

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The molecular biology enzymes, kits, and reagents market in North America is expected to grow from US$ 5,532.13 million in 2021 to US$ 17,999.75 million by 2028; it is estimated to grow at a CAGR of 18.4% from 2021 to 2028.

The US, Canada, and Mexico are major economies in North America. Genomics getting highly funded is the major factor driving the growth of the North America molecular biology enzymes, kits, and reagents market. Genome sequencing was restricted to the research facilities, a few years back. However, it has now became one of the common techniques in clinical practices. Over the next few years, the healthcare sector is expected to generate genomic data of over 60 million patients. In August 2018, Nebula Genomics, a company based in Boston, Massachusetts, along with 10 leading venture capital firms, raised US$ 4.3 million in seed funding. as a part of partnership with Veritas Genetics, a genome sequencing company. The company aims to use these funds to create a trustworthy, secure, and decentralized marketplace for genomic data. Such continuous funding by the manufacturers and governments in the field of genomics is supporting the molecular biology enzymes, kits, and reagents market growth.

The outbreak of the COVID-19 pandemic situation shown some favorable scenario for players operating in the molecular biology enzymes, kits & reagents market. Various people across the North American region are affected with corona virus. For instance, the US is a highly affected country in the North American regions. The effect of the corona is mild in adults; however, it is adverse in older people. The infection of corona among older people has resulted in severe complications and has accounted for a good number of deaths in the country. But during the pandemic situation, life science companies engaged in development of novel drugs for the treatment of life threaten diseases. Therefore, molecular biology enzymes, kits & reagents products is required in drug design & development as well as COVID-19 diagnosis.

Furthermore, due to the rising numbers of COVID-19 population has positive impact on the molecular biology enzymes, kits & reagents market. In March 2021, Eurofins' Clinical Enterprise, Inc. has obtained an Emergency Use Authorization (EUA) from the US Food and Drug Administration (FDA) for a direct-to-consumer (DTC) version of its EmpowerDX COVID-19 Home Collection Kit. The Eurofins at-home COVID-19 nasal PCR kit is one of the first over-the-counter SARS-CoV-2 at-home test kits approved by the European Union. Thus, rising numbers of product launches support the growth of the market. Similarly, in July 2020, Eurofins U.S. Clinical Diagnostics has announced the availability of its pooled PCR test to detect SARS-CoV-2, which would substantially lower the cost per PCR test for clients.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America molecular biology enzymes, kits, and reagents market. The North America molecular biology enzymes, kits, and reagents market is expected to grow at a good CAGR during the forecast period.

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North America Molecular Biology Enzymes, Kits, and Reagents Market Segmentation

North America Molecular Biology Enzymes, Kits, and Reagents Market – By Product

  • Enzymes
    • Polymerases
    • Ligases
    • Reverse Transcriptases
    • Phosphatases
    • Proteases and Proteinases
    • Restriction Endonuclease
    • Other
  • Kits and Reagents

North America Molecular Biology Enzymes, Kits, and Reagents Market – By Application

  • Epigenetics
  • Sequencing
  • Synthetic Biology
  • Polymerase Chain Reaction
  • Other

North America Molecular Biology Enzymes, Kits, and Reagents Market – By End User

  • Biotechnological and Pharmaceutical Companies
  • Hospitals and Diagnostic Centres
  • Academic and Research Institutes

North America Molecular Biology Enzymes, Kits, and Reagents Market, by Country

  • US
  • Canada
  • Mexico

North America Molecular Biology Enzymes, Kits, and Reagents Market - Companies Mentioned

  • Agilent Technologies, Inc.
  • F. HOFFMANN-LA ROCHE LTD
  • Illumina, Inc.
  • Merck KGAA
  • MERIDIAN BIOSCIENCE, INC
  • Promega Corporation
  • Qiagen
  • Rockland Immunochemicals Inc
  • THERMO FISHER SCIENTIFIC INC

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Molecular Biology Enzymes, Kits & Reagents Market – By Product

1.3.2 North America Molecular Biology Enzymes, Kits & Reagents Market – By Application

1.3.3 North America Molecular Biology Enzymes, Kits & Reagents Market – By End-User

1.3.4 North America Molecular Biology Enzymes, Kits & Reagents Market – By Country

2. North America Molecular Biology Enzymes, Kits & Reagents Market – Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Molecular Biology Enzymes, Kits & Reagents Market – Market Landscape

4.1 North America PEST Analysis

4.1.1 Expert Opinion

5. North America Molecular Biology Enzymes, Kits & Reagents Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Genomics Getting Highly Funded

5.1.2 Sequencing Procedures becoming Cheaper

5.1.3 Rising Prevalence of Chronic Diseases

5.2 Market Restraints

5.2.1 Scarcity of Skilled Professionals

5.3 Market Opportunities

5.3.1 Molecular Diagnostics Getting Highly Adopted

5.4 Future Trends

5.4.1 Personalized Medicines at High Demand

5.5 Impact analysis

6. Molecular Biology Enzymes, Kits & Reagents Market – North America Analysis

6.1 North America Molecular Biology Enzymes, Kits & Reagents Market Revenue Forecast and Analysis

7. North America Molecular Biology Enzymes, Kits & Reagents Market Analysis – By Product

7.1 Overview

7.2 North America Molecular Biology Enzymes, Kits & Reagents Market Revenue Share, by Product (2020 and 2028)

7.3 Enzymes

7.3.1 Overview

7.3.2 Enzymes: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.3.3 Polymerases

7.3.3.1 Overview

7.3.3.2 Polymerases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.3.4 Ligase

7.3.4.1 Overview

7.3.4.2 Ligase: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.3.5 Reverse Transcriptases

7.3.5.1 Overview

7.3.5.2 Reverse Transcriptases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.3.6 Phosphatases

7.3.6.1 Overview

7.3.6.2 Phosphatases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.3.7 Proteases and Proteinases

7.3.7.1 Overview

7.3.7.2 Proteases and Proteinases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.3.8 Restriction Endonuclease

7.3.8.1 Overview

7.3.8.2 Restriction Endonuclease: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.3.9 Other

7.3.9.1 Overview

7.3.9.2 Other: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Kits and Reagents

7.4.1 Overview

7.4.2 Kits and Reagents: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

8. North America Molecular Biology Enzymes, Kits & Reagents Market Analysis – By Application

8.1 Overview

8.2 North America Molecular Biology Enzymes, Kits & Reagents Market Revenue Share, by Application (2020 and 2028)

8.3 Polymerase Chain Reaction

8.3.1 Overview

8.3.2 Polymerase Chain Reaction: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Sequencing

8.4.1 Overview

8.4.2 Sequencing: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Synthetic Biology

8.5.1 Overview

8.5.2 Synthetic Biology: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Epigenetics

8.6.1 Overview

8.6.2 Epigenetics: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

8.7 Others

8.7.1 Overview

8.7.2 Others: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Molecular Biology Enzymes, Kits & Reagents Market – By End User

9.1 Overview

9.2 North America Molecular Biology Enzymes, Kits & Reagents Market, by End User, 2020 and 2028 (%)

9.3 Biotechnological and Pharmaceutical Companies

9.3.1 Overview

9.3.2 Biotechnological and Pharmaceutical Companies: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Hospitals and Diagnostic Centers

9.4.1 Overview

9.4.2 Hospitals and Diagnostic Centers: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Academic and Research Institutes

9.5.1 Overview

9.5.2 Academic and Research Institutes: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

10. North America Molecular Biology Enzymes, Kits & Reagents Market – Country Analysis

10.1 North America

10.1.1 Overview

10.1.2 North America: Molecular Biology Enzymes, Kits & Reagents Market, by Country, 2020 & 2028 (%)

10.1.2.1 US

10.1.2.1.1 US: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.1.2 US: Molecular Biology Enzymes, Kits & Reagents Market, by Product, 2019–2028 (USD Million)

10.1.2.1.3 US: Molecular Biology Enzymes, Kits & Reagents Market, by Enzymes, 2019–2028 (USD Million)

10.1.2.1.4 US: Molecular Biology Enzymes, Kits & Reagents Market, by Application, 2019–2028 (USD Million)

10.1.2.1.5 US: Molecular Biology Enzymes, Kits & Reagents Market, by End User, 2019–2028 (USD Million)

10.1.2.2 Canada

10.1.2.2.1 Canada: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.2.2 Canada: Molecular Biology Enzymes, Kits & Reagents Market, by Product, 2019–2028 (USD Million)

10.1.2.2.3 Canada: Molecular Biology Enzymes, Kits & Reagents Market, by Enzymes, 2019–2028 (USD Million)

10.1.2.2.4 Canada: Molecular Biology Enzymes, Kits & Reagents Market, by Application, 2019–2028 (USD Million)

10.1.2.2.5 Canada: Molecular Biology Enzymes, Kits & Reagents Market, by End User, 2019–2028 (USD Million)

10.1.2.3 Mexico

10.1.2.3.1 Mexico: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (USD Million)

10.1.2.3.2 Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by Product, 2019–2028 (USD Million)

10.1.2.3.3 Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by Enzymes, 2019–2028 (USD Million)

10.1.2.3.4 Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by Application, 2019–2028 (USD Million)

10.1.2.3.5 Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by End User, 2019–2028 (USD Million)

11. Impact of COVID-19 Pandemic on North America Molecular Biology Enzymes, Kits & Reagents Market

11.1 North America: Impact Assessment of COVID-19 Pandemic

12. Molecular Biology Enzymes, Kits & Reagents Market Industry Landscape

12.1 Overview

12.2 Growth Strategies In The Molecular Biology Enzymes, Kits & Reagents Devices Market, 2018-2021

12.3 Organic Growth Strategies

12.3.1 Overview

12.3.2 Recent Organic Developments in the Molecular Biology Enzymes, Kits & Reagents Market

12.4 Inorganic Growth Strategies

12.4.1 Overview

13. Company Profiles

13.1 HOFFMANN-LA ROCHE LTD.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products and Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.1.6 Key Developments

13.2 MERCK KGaA

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products and Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.2.6 Key Developments

13.3 Illumina, Inc.

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products and Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.3.6 Key Developments

13.4 QIAGEN

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products and Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.4.6 Key Developments

13.5 Agilent Technologies, Inc.

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products and Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.5.6 Key Developments

13.6 Rockland Immunochemicals, Inc

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products and Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

13.6.6 Key Developments

13.7 THERMO FISHER SCIENTIFIC INC.

13.7.1 Key Facts

13.7.2 Business Description

13.7.3 Products and Services

13.7.4 Financial Overview

13.7.5 SWOT Analysis

13.7.6 Key Developments

13.8 MERIDIAN BIOSCIENCE, INC.

13.8.1 Key Facts

13.8.2 Business Description

13.8.3 Products and Services

13.8.4 Financial Overview

13.8.5 SWOT Analysis

13.8.6 Key Developments

13.9 Promega Corporation

13.9.1 Key Facts

13.9.2 Business Description

13.9.3 Products and Services

13.9.4 Financial Overview

13.9.5 SWOT Analysis

13.9.6 Key Developments

14. Appendix

14.1 About The Insight Partners

14.2 Glossary of Terms

LIST OF TABLES

Table 1. US: Molecular Biology Enzymes, Kits & Reagents Market, by Product– Revenue and Forecast to 2028 (USD Million)

Table 2. US: Molecular Biology Enzymes, Kits & Reagents Market, by Enzymes– Revenue and Forecast to 2028 (USD Million)

Table 3. US: Molecular Biology Enzymes, Kits & Reagents Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 4. US: Molecular Biology Enzymes, Kits & Reagents Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 5. Canada: Molecular Biology Enzymes, Kits & Reagents Market, by Product– Revenue and Forecast to 2028 (USD Million)

Table 6. Canada: Molecular Biology Enzymes, Kits & Reagents Market, by Enzymes– Revenue and Forecast to 2028 (USD Million)

Table 7. Canada: Molecular Biology Enzymes, Kits & Reagents Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 8. Canada: Molecular Biology Enzymes, Kits & Reagents Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 9. Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by Product– Revenue and Forecast to 2028 (USD Million)

Table 10. Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by Enzymes– Revenue and Forecast to 2028 (USD Million)

Table 11. Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by Application– Revenue and Forecast to 2028 (USD Million)

Table 12. Mexico: Molecular Biology Enzymes, Kits & Reagents Market, by End User– Revenue and Forecast to 2028 (USD Million)

Table 13. Recent Inorganic Developments In The Molecular Biology Enzymes, Kits & Reagents Market

Table 14. Glossary of Terms, Molecular Biology Enzymes, Kits & Reagents Market

LIST OF FIGURES

Figure 1. North America Molecular Biology Enzymes, Kits & Reagents Market Segmentation

Figure 2. North America Molecular Biology Enzymes, Kits & Reagents Market Segmentation, By Country

Figure 3. North America Molecular Biology Enzymes, Kits & Reagents Market Overview

Figure 4. Kits and Reagents Segment Held Largest Share of North America Molecular Biology Enzymes, Kits & Reagents Market

Figure 5. US to Show Remarkable Growth During Forecast Period

Figure 6. North America PEST Analysis

Figure 7. North America Molecular Biology Enzymes, Kits, and Reagents Market Impact Analysis of Driver and Restraints

Figure 8. North America Molecular Biology Enzymes, Kits & Reagents Market – Revenue Forecast and Analysis – 2020- 2028

Figure 9. North America Molecular Biology Enzymes, Kits & Reagents Market Revenue Share, by Product (2020 and 2028)

Figure 10. North America Enzymes: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. North America Polymerases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. North America Ligase: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. North America Reverse Transcriptases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. North America Phosphatases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. North America Proteases and Proteinases: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. North America Restriction Endonuclease: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. North America Others: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. North America Kits and Reagents: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. North America Molecular Biology Enzymes, Kits & Reagents Market Revenue Share, by Application (2020 and 2028)

Figure 20. North America Polymerase Chain Reaction: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. North America Sequencing: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22. North America Synthetic Biology: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23. North America Epigenetics: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. North America Others: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. North America Molecular Biology Enzymes, Kits & Reagents Market, by End User, 2020 and 2028 (%)

Figure 26. North America Biotechnological and Pharmaceutical Companies: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. North America Hospitals and Diagnostic Centers: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. North America Academic and Research Institute: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29. North America: Molecular Biology Enzymes, Kits & Reagents Market, by Key Country – Revenue (2020) (USD Million)

Figure 30. North America: Molecular Biology Enzymes, Kits & Reagents Market, by Country, 2020 & 2028 (%)

Figure 31. US: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (USD Million)

Figure 32. Canada: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (USD Million)

Figure 33. Mexico: Molecular Biology Enzymes, Kits & Reagents Market – Revenue and Forecast to 2028 (USD Million)

Figure 34. Impact of COVID-19 Pandemic in North American Country Markets

Figure 35. Growth Strategies In The Molecular Biology Enzymes, Kits & Reagents Devices Market, 2018-2021

  1. Agilent Technologies, Inc.
  2. F. HOFFMANN-LA ROCHE LTD
  3. Illumina, Inc.
  4. Merck KGAA
  5. MERIDIAN BIOSCIENCE, INC
  6. Promega Corporation
  7. Qiagen
  8. Rockland Immunochemicals Inc 
  9. THERMO FISHER SCIENTIFIC INC
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America molecular biology enzymes, kits, and reagents market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America molecular biology enzymes, kits, and reagents market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the molecular biology enzymes, kits, and reagents market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
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