Transfection Reagents and Equipment Market Worth $957.9 Million by 2020
DALLAS, July 1, 2015 /PRNewswire/ --
According to a new market research report "Transfection Reagents and Equipment Market by Method (Biochemical (Calcium Phosphate, Lipofection, Dendrimers), Physical (Electroporation, Nucleofection), Viral), by Application (Biomedical, Protein Production) - Analysis & Global Forecast to 2020", published by MarketsandMarkets, the Transfection Reagents and Equipment Market is expected to reach around $957.9 Million by 2020 with a CAGR of 7.2% from 2014 to 2019.
Browse 116 market Tables and 33 Figures spread through 233 Pages and an in-depth TOC on "Transfection Reagents and Equipment Market"
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This report studies the global transfection reagents and equipment market from 2015 to 2020. This market is expected to reach $957.9 million by 2020 from $676.8 million in 2015, at a CAGR of 7.2% during the forecast period.
The global transfection reagents and equipment market is segmented on the basis of product, method, application, and region.
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Based on product, the transfection reagents and equipment market is categorized into reagents and equipment. In 2015, the reagents segment is estimated to account for the largest share of the transfection reagents and equipment market. However, the equipment market is likely to grow at a higher CAGR in comparison to the reagents market.
On the basis of method, this market is segmented into biochemical, physical, and viral methods. In 2015, the biochemical method segment is expected to account for the largest share of the transfection reagents and equipment market, while the viral method segment is expected to grow at the highest CAGR during the forecast period. The biochemical method segment is further classified into calcium phosphate, lipofection DEAE-dextran, and dendrimers. Whereas, the physical method segment is further divided into electroporation, nucleofection, and others (Gengun, sonoporation, magnetofection, and optoinjection among others)
Based on application, the market is segmented into biomedical research, protein production, and therapeutic delivery. In 2015, the biomedical research segment is estimated to account for the largest share of the transfection reagents and equipment market.
On the basis of region, the global transfection reagents and equipment market is divided into North America, Europe, Asia-Pacific, and rest of the world (RoW). The rest of the world comprises Latin America, Middle East, and Africa. In 2015, North America is poised to account for the largest share of the transfection reagents and equipment market, followed by Europe and Asia-Pacific. However, the Asia-Pacific market is slated to grow at the highest CAGR during the forecast period and serve as a major revenue pocket for companies offering transfection reagents and equipment.
Over the years, the transfection reagents and equipment market has witnessed various technological advancements to meet the needs of researchers and biotechnology and pharmaceutical companies. These advancements have led to the development of high throughput large scale transfection instruments and transfection reagents with high efficiency. Advanced technologies result in efficient quantitative and qualitative transfection in varied types of cells, including the hard-to-transfect cell lines.
Some of the major players in the global Transfection Reagents And Equipment Market include Thermo Fisher Scientific, Inc. (U.S.), Promega Corporation (U.S.), Roche (Switzerland), Qiagen N.V. (Netherlands), Polyplus-transfection SA (France), Bio-Rad Laboratories (U.S.), Lonza Group (Switzerland), Sigma-Aldrich Corporation (U.S.), Mirus Bio LLC (U.S.), and Maxcyte Inc. (U.S.) among others.
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