Abstract

International Conference on Molecular Biology and Stem Cells

Single Cell Biology

In 2016, the global market size of molecular biology enzymes and
kits & reagents was valued at USD 5.77 billion and is expected to
witness a CAGR of 19.0 percent over the forecast period. One of
the key factors responsible for the gush in demand for molecular
biology enzymes, kits and reagents was the expansion of end-user
research activities. The genomics market is expected to hit $22.10
At the same time, the Division of Personalized Medicine based on
genomics is expected to sprout from 2013 to 2020 at a CAGR of
more than 13.0 percent due to increased demand for populationbased
therapeutic solutions through increased research and
development initiatives. Advances in the engineering of molecular
biology enzymes, kits and reagents are one of the key growth factors.
These advanced products are designed to make research processes
easier by offering increased efficiency and higher accuracy.

Published Date: 2019-12-31;