The global DNA polymerase market size is expected to reach USD 568.3 Million in 2030 and register a revenue CAGR of 6.4% over the forecast period, according to latest report by Reports and Data.
The global DNA polymerase market size is expected to reach USD 568.3 Million in 2030 and register a revenue CAGR of 6.4% over the forecast period, according to latest report by Reports and Data. Rise in number of genetic disorder-based researches and increasing adoption of Taq DNA Polymerase for thermal tolerance and high efficiency are expected to drive market revenue growth during the forecast period. Rising demand for DNA polymerase in polymerase chain reactions is expected to boost growth of DNA polymerase market in near future. Increasing number of researches related to disease diagnosis in humans has led to increased adoption of DNA polymerase in laboratories. Eukaryotic DNA polymerase is widely used in research laboratories due to its easy availability from eukaryotic model organisms that can be genetically manipulated to obtain optimal strains of the enzyme. Thermostability and robustness of Taq DNA polymerase makes it a key component in polymerase chain reactions, that involve denaturation of sample DNA at high temperatures, which increases demand for Taq DNA polymerase. This is expected to drive revenue growth of the market in near future. Rising demand for Taq DNA polymerase due to its heat resistance and durability properties is expected to propel market revenue growth. Additionally, increasing adoption of DNA polymerase due to its exonuclease proofreading activity has led to increased demand for DNA polymerase, which is expected to drive revenue growth of the market.
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The global pharma & healthcare market report points out the key trends and developments taking place in this business space in the ongoing COVID-19 times. According to market experts, the pandemic has turned this industry upside down, with an unprecedented rise in demand and acute supply shortage. The report clearly depicts the current global economic landscape and the considerable situation of the healthcare industry. A substantial increase in demand for healthcare services worldwide, rising cases of the SARS-CoV-2 infection, increasing pharmaceutical research & development activities, and new drug pipelines are among the key factors that have driven the global pharma & healthcare industry growth in the recent past. Growing acceptance of telehealth and telemedicine services, rise in government initiatives for COVID-19 vaccine development, and escalating demand for advanced point-of-care diagnostics and home healthcare products have further bolstered the industry growth.
Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as R&D investments, license agreements, partnerships, merger and acquisitions, collaborations, and joint ventures to gain robust footing in the market.
Top Companies Profiled in the Report:
Sigma-Aldrich Solutions, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Yeasen Biotechnology (Shanghai) Co., Ltd., GENAXXON bioscience, Promega Corporation, Cytiva Lifesciences, SBS Genetech Co., Ltd., BDI Biotech, and GenTegra LLC.
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Some Key Highlights from the Report
- Biotechnological segment is expected to account for largest market share over the forecast period. Increasing usage of DNA polymerases in in-vivo manipulation of DNA and disease diagnosis is driving growth of the segment.
- DNA replication segment is expected to account for the largest revenue share in global DNA polymerase market between 2022 and 2030. Rising demand for DNA polymerase in DNA replication in pharmaceutical and biotechnological sectors is driving revenue growth of the segment. Rising demand for customized DNA polymerases is also increasing demand for DNA polymerases, which is expected to boost growth of the segment.
- Asia Pacific DNA polymerase market is expected to account for largest revenue share in global market over the forecast period. Rapid growth of pharmaceutical industry, in which DNA polymerase plays an essential part is expected to drive market revenue growth. Rapid improvements in DNA polymerase according to need of specific reactions is another factor expected to increase revenue growth of DNA polymerase market.
- In December 2021, SBS Genetech Co., Ltd. announced decrease in price of their mutant Proteinase K at USD 40/g. Mutant Proteinase K is one of the best-selling products of SBS Genetech Co., Ltd., which has been one of the earliest Chinese companies to provide scientific solutions to biological scientists and researchers. This announcement is expected to increase demand for mutant Proteinase K, whose activity has been increased by 30% with development of technology.
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For the purpose of this report, Reports and Data has segmented the global DNA polymerase market based on origin, end-use, application, and region:
Origin Outlook (Revenue, USD Million; 2019-2030)
- Prokaryotic DNA Polymerase
- Eukaryotic DNA Polymerase
End-Use Outlook (Revenue, USD Million; 2019-2030)
- Pharmaceutical Industry
- Biotechnological Industry
- Research Laboratories
- Hospitals and Diagnostic Centers
- Others
Application Outlook (Revenue, USD Million; 2019-2030)
- DNA Replication
- PCR
- DNA Sequencing
- Others
Regional Outlook (Revenue, USD Million; 2019-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
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