Market Dynamics
Factors such as rising incidences of lung cancer, increasing participation in conferences to endorse the product, and the technologically advanced products will drive the growth of the exosome research products market during the forecast period. However, lack of public knowledge, particularly in low and middle-income economies, as well as the high cost of lab testing procedures are challenges faced by the market.
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Market Landscape
The global exosome research products market was a fragmented industry that was in a phase of growth in 2020. the market structure would continue to be fragmented by 2025. Its lifecycle stage would continue to be in the growth phase. Technavio categorizes the global exosome research products market as a part of the global life science tools and services market. The parent market, the global life science tools and services market, covers products and companies engaged in R&D of a variety of product categories, including capital equipment, instruments, accessories, and consumables that are used for R&D on pharmaceuticals and biotechnology products and laboratory diagnosis of various diseases.
Company Profiles
The exosome research products market report includes information on the product launches, sustainability, and prospects of leading vendors, including product/service segments, key offerings, key customers, and segment focus. Bio Techne Corp., BioVision Inc., Danaher Corp., ExoCoBio Co. Ltd., ExonanoRNA LLC, Miltenyi Biotec B.V. and Co. KG, QIAGEN NV, System Biosciences LLC., and Thermo Fisher Scientific Inc. are some of the major vendors of the market.
Competitive Analysis
The competitive scenario provided in the exosome research products market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
- By product, the market is classified into instruments, reagents, and services. The market share growth by the instruments segment has been significant.
- By geography, the market is classified into North America, Europe, Asia, and ROW. North America will dominate the market during the forecast period, accounting for a share of 38%.
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Exosome Research Products Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 14.38% |
Market growth 2021-2025 |
USD 163.33 million |
Market structure |
Fragmented |
YoY growth (%) |
11.26 |
Regional analysis |
North America, Europe, Asia, and ROW |
Performing market contribution |
North America at 38% |
Key consumer countries |
US, Canada, Mexico, Germany, UK, France, China, Japan, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Bio Techne Corp., BioVision Inc., Danaher Corp., ExoCoBio Co. Ltd., ExonanoRNA LLC, Miltenyi Biotec B.V. and Co. KG, QIAGEN NV, System Biosciences LLC., and Thermo Fisher Scientific Inc. |
Market Dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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