Molecular Weight
Marker Market, by Products (DNA, RNA, Protein Ladders), by Type (Prestained,
Specialty), by Application (PCR, Western Blotting, Gel Extraction), by End User
(Academic Institutes, Pharmaceutical Companies, CRO) – Global Forecast to 2019
Molecular weight markers are extensively used in almost all areas
of life science applications. Due to this, the adoption rate for these products
is very high and is expected to increase in future.
Molecular weight markers market is a research-driven market.
R&D expenditure is important indicators for this market. North America
accounted for 37.74% of the global R&D spending in 2010. The U.S. alone accounted
for 35.33% of all R&D spending in the world. According to estimates from
the World Bank, the R&D spending in North America increased at a CAGR of
4.56% between 2001 and 2010. On the other hand, R&D spending in Asia increased from $158.94 billion in 2001 to
$329.31 billion in 2010, at a CAGR of 8.43%. China has the highest
growth rate for R&D spending between 2001 and 2010.
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The government in China is also undertaking various
initiatives to promote genomics research. For instance, it is planning to invest
more than $300 billion in biotechnology between 2012 and 2017. High focus on biotechnology research is
another major factor driving the growth of the molecular weight markers market
in Asia. Asia is growing faster in past few years and is expected to grow
at the fastest rate in forecasted period. Emerging Asian countries such India,
China and Japan are expected to have healthy growth in the coming five years,
considering the huge R&D spending as well as growing technical know-how to
increasing public funding.
The molecular weight markers in Asia expected to grow at the
highest CAGR in the forecast period (2014–2019). Asian countries are expected
to witness a steady year-on-year growth, due to increase in demand for
innovations in proteomics and genomic research. Moreover, an increase in
healthcare budgets and R&D activities in this region will further fuel the
demand for molecular weight
markers in this region.
The DNA is estimated to have the largest share of the
molecular weight markers market in 2014. The market is expected to be driven by
increased research and development spending by biotechnology companies,
government and public sector funding for research. In addition, new innovations
have contributed to grow the market to a great extent. The use of DNA markers will
be boosted by the increasing research activities in genomics and with the
advent of cheaper sequencing technologies.
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