The global Molecular Weight Marker market size is expected to be worth around US$ 11.1 billion by 2030, according to a new report by Vision Research Reports.
The global Molecular Weight Marker market size was valued at US$ 455.2 million in 2020 and is anticipated to grow at a CAGR of 24.1 % during forecast period 2021 to 2030.
Growth Factors
Increasing investment in R&D by companies including biotechnology and biologics is the major factor that drives the growth during the forecast period. These markers are used by researchers and companies for various applications such as polymerase chain reaction (PCR), Northern blotting, Southern blotting, and molecular cloning. Thus, the increasing application of these products in R&D is expected to boost growth.
Increasing focus on molecular biology research is another major factor supporting market growth. Molecular biology research is important to understand interactions between the different systems of a cell, including DNA, RNA, and protein biosynthesis & regulation. Thus, these research activities are very high in developed countries and are growing at a high pace in developing countries including China and India. Hence, there is a growing demand for molecular weight markers for research activities, which is expected to fuel the growth.
Report Highlights
On the basis of the product, the market is segmented into DNA markers, protein markers, and RNA markers. In 2020, the DNA markers segment was the largest revenue-grossing segment and is estimated to grow at a significant CAGR during the forecast period. Rising R&D activities related to genomics research boosts the demand for DNA markers for genome mapping.
The protein markers segment is expected to display lucrative growth during the forecast period, due to the rising application of these products for proteomics study. The researchers and biotechnology companies are focusing on the application of proteomics study for new drug discovery and clinical diagnostics.
Based on the type, the molecular weight marker market has been segmented into prestained, unstained, and specialty markers. Prestained markers were the highest revenue-generating segment in 2020, due to the large application of this product for genomics and proteomics research.
The unstained markers segment is projected to showcase significant growth during the study period. This is due to its ability to provide more accurate molecular weight determinations of the sample over a wide molecular weight range. Thus, the popularity of this product is increasing, which is expected to propel the growth of the market.
Molecular weight marker has applications in nucleic acid and proteomics study. The nucleic acid segment dominated the sector in 2016 due to an increasing focus on DNA- and RNA-based research. The rising demand for advanced diagnostics and therapeutics products has led to an increased focus on genomics research.
The proteomics application segment is expected to be the fastest-growing segment by 2025. Escalating application of and gel extraction for proteomics research including drug discovery & drives the growth of the market.
The academic & research institutes segment held the largest revenue share due to rising funding for molecular biology research by private and government organizations. There is a growing focus on research-based on genomics such as genotyping, cytogenomics, gene expression, epigenetic analysis, and transcriptome analysis, which is boosting the application of molecular weight markers in academic & research institutes.
The pharmaceutical and biotechnology companies segment is expected to witness significant CAGR over the forecast period due to the rising investment in R&D for new drug development. Hence, there is an increasing need for molecular weight markers in these companies, which is projected to propel the growth of the market.
North America dominated the molecular weight markers industry with the largest revenue share, owing to the presence of many large research laboratories and biotechnology firms such as CELGENE CORP. and Amgen Inc. in this region. In addition, the highly developed healthcare and research infrastructure in this region have fueled market growth.
Asia Pacific is estimated to exhibit the highest CAGR during the forecast period, owing to the rising focus of CROs and biotechnology companies in this region for drug discovery and development. The CROs are focusing on Asian countries such as China and India for clinical trials owing to less stringent government regulations and the availability of skilled professionals. These are some of the factors projected to boost regional market growth.
Key Players
Thermo Fisher Scientific, Inc.; F Hoffmann-La Roche Ltd; Merck KGaA; Agilent Technologies; QIAGEN; TAKARA BIO, INC.; Bio-Rad Laboratories, Inc.; Promega Corp; and New England Biolabs.
Market Segmentation
Product Outlook
DNA markers
Below 50 bp
50 bp to 100 bp
100 bp to 1 kb
1 kb to 5 kb
Above 5 kb
Protein markers
Below 10 kDa
10 k Da to 100 kDa
100 k Da to 200 kDa
Above 200 kDa
RNA markers
Type Outlook
Prestained markers
Unstained markers
Specialty markers
Application Outlook
Nucleic acid applications
PCR
Sequencing
Northern blotting
Southern blotting
Molecular cloning
Others
Proteomics applications
Western blotting
Gel extraction
Others
End-use Outlook
Academic and research institutes
Pharmaceutical and biotechnology companies
CRO's
Others
Regional Outlook
North America
The U.S.
Canada
Europe
Germany
The U.K.
Asia Pacific
Japan
China
India
Latin America
Brazil
Mexico
MEA
South Africa
The Molecular Weight Marker market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Molecular Weight Marker market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Molecular Weight Marker market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Molecular Weight Marker market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Molecular Weight Marker market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Molecular Weight Marker capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Molecular Weight Marker by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Molecular Weight Marker market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Molecular Weight Marker market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Molecular Weight Marker market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Molecular Weight Marker industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Molecular Weight Marker market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Molecular Weight Marker market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Molecular Weight Marker market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Molecular Weight Marker market. These factors have benefited the growth of the global market for Molecular Weight Marker. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Molecular Weight Marker. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Molecular Weight Marker are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Research Methodology:
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Market Size Estimation
Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).
The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.
Secondary Sources
Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.
Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.
The study objectives of this report are: