The worldwide molecular biology enzymes, kits and reagents market was worth around USD 2, 800 million in 2013. It is estimated to expand from 2013 to 2018, at a CAGR of about 13.5 percent. Rising at this rate, it will achieve more than USD 5, 400 million by 2018.
The molecular biology enzymes, kits and reagents market is fragmented into consumers, applications, products and regions. High investments in research and development by companies of biotechnology and pharmaceuticals, and rising expenditures in life science and gene structure analysis push the market ahead.
This worldwide market consists of Europe, Asia Pacific, North America and the rest of the world.