South America Molecular Biology Enzymes, Kits, and Reagents Market Dynamics and Trends by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

South 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)

Report Date : Nov 2021
Report Code : TIPRE00025777

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 163

Page Updated: Nov 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The molecular biology enzymes, kits, and reagents market in SAM is expected to grow from US$ 409.79 million in 2021 to US$ 1,167.37 million by 2028; it is estimated to grow at a CAGR of 16.1% from 2021 to 2028.

Brazil and Argentina are major economies in SAM. Molecular diagnostics getting acceptance is the major factor driving the growth of the SAM molecular biology enzymes, kits, and reagents market. Increased adoption of molecular diagnostics procedures for detecting infectious diseases, coupled with advent of new cancer diagnostic solutions, is likely to support the molecular biology enzymes, kits, and reagents market growth during the forecast period. Molecular diagnostics tests are used for detecting disturbance between specific sequences in DNA or RNA. The irregularities such as single nucleotide polymorphism (SNP), deletions, rearrangements, and insertions lead to various diseases, including infectious diseases, cancer, viral disease, and sexually transmitted diseases (STDs).

SAM has been witnessing a growing number of COVID-19 cases since its outbreak. The cases are increasing in Brazil, Argentina, and Colombia. The COVID-19 outbreak resulted in the region's worst recession, causing a 9.1% contraction in regional GDP in 2020. This is expected to increase the number of poor by 45 million and the extremely poor by 28 million. The increasing incidence supports the growth of the market. The pharmaceutical & biotechnology invested in R&D for the new molecule entity. The pandemic as no impact on R&D process, due to pandemic R&D activity increase to find better medicines to cure the life-threatening disease. These factors have had a high impact on the SAM molecular biology enzymes, kits & reagents market.

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 SAM molecular biology enzymes, kits, and reagents market. The SAM molecular biology enzymes, kits, and reagents market is expected to grow at a good CAGR during the forecast period.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

SAM Molecular Biology Enzymes, Kits, and Reagents Market Segmentation

SAM Molecular Biology Enzymes, Kits, and Reagents Market – By Product

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

SAM Molecular Biology Enzymes, Kits, and Reagents Market – By Application

Epigenetics
Sequencing
Synthetic Biology
Polymerase Chain Reaction
Other

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

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

SAM Molecular Biology Enzymes, Kits, and Reagents Market, by Country

Brazil
Argentina
Rest of SAM

SAM 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
THERMO FISHER SCIENTIFIC INC

South America Molecular Biology Enzymes, Kits, and Reagents Report Scope

Report Attribute	Details
Market size in 2021	US$ 409.79 Million
Market Size by 2028	US$ 1,167.37 Million
Global CAGR (2021 - 2028)	16.1%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Product Enzymes and Kits & Reagents By Application Epigenetics Sequencing Synthetic Biology Polymerase Chain Reaction By End User Biotechnological & Pharmaceutical Companies Hospitals & Diagnostic Centers Academic & Research Institutes
Regions and Countries Covered	South and Central America Brazil Argentina Rest of South and Central America
Market leaders and key company profiles	Agilent Technologies, Inc. F. HOFFMANN-LA ROCHE LTD Illumina, Inc. Merck KGAA MERIDIAN BIOSCIENCE, INC Promega Corporation Qiagen THERMO FISHER SCIENTIFIC INC

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the South America Molecular Biology Enzymes, Kits, and Reagents Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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