Molecular Methods Market size was valued at US$ 1.99 Bn in 2021 and the total revenue is expected to grow at 5.20% through 2022 to 2029, reaching nearly US$ 2.99 Bn in the forecast period.Molecular Methods Market Overview:
A molecular method is an important tool in all laboratories for the detection of biological prints and routine detection, public health surveillance. Various Molecular Biology Techniques are DNA cloning, cut and paste DNA, bacterial transformation, transfection, chromosome integration, cellular screening, cellular culture, molecular hybridization, extraction of DNA, DNA polymerase, DNA dependent, DNA sequencing, DNA synthesis reading and writing DNA, rewriting DNA.To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2017 to forecast the market through 2029. 2021 is considered a base year however 2021 numbers are on the real output of the companies in the market. Special attention is given to 2021 and the effect of lockdown on the demand and supply, and also the impact of lockdown for the next two years on the market. Some companies have done good in lockdown also and specific strategic analysis of those companies is done in the report.
Molecular Methods Market Dynamics:
With the globalization around the world in terms of food safety and efficacy standards due to growing development in production and distribution of food in the market and food recalls from the market due to the rising frequency of foodborne diseases and illnesses have become common. In order to avoid this contamination and challenges, the government has introduced various efficacy and safety standards in food testing and has been investing a huge amount in research and development. These key factors are estimated to boost the growth of the market in the forecast period and increase the demand for molecular testing. In addition, development and larger investment in automated molecular methods to overcome challenges like time-consuming factors, human errors, labor cost, and validations are the factors likely to fuel the growth of the market in the forecast period. for instance, in 2021, 3M company partnered with Hamilton for the merger of molecular detection by 3M and Hamilton’s Food insect NIMBUS to deliver automated workflow for pathogen testing. These mergers helped the molecular method market sustain in the market. Besides, key players in the market are focusing on offering transparency and delivering composition minutiae to understand the method and make a healthy purchase decision. Simultaneously, this factor is driving the market expansion owing to the transparency offered by the market players. Moreover, this factor is estimated to boost the growth of novel technologies such as blockchain technology, electric bookkeeping system, and effective trace shipment details. Global Molecular Methods Market Segment Analysis: The Polymerase Chain Reaction (PCR) is dominating the Technology segment of the Global Molecular Methods Market: Polymerase Chain Reaction (PCR) is likely to drive the growth of the market and generate the largest market share shortly. The key factors contributing to the growth of the market. The benefits offered by polymerase chain reaction (PCR) are rapid results, valuable for detection of particular pathogens that are difficult to culture in vitro or in vivo lab testing. Further, rapid innovation in polymerase chain reaction such as execution of real-time RT-PCR point-of-care application for pathogen detection is the key factor that is estimated to drive the growth of the market in the future. In addition, the leading market player Bio-Rad laboratories awarded a contract for iQ-Check real-time PCR PCR pathogen detection test kits and iQ-Check Prep Automation System from the United States Department of Agriculture’s Food Safety and Inspection Service (USDA FSIS). The iQ-Check kits for pathogen detection are regularly used in the testing of food products in food safety programs worldwide to create awareness and are recognized by several well-known universal validation organizations. The Reagents and Consumables segment is considered to supplement the growth of the Global Molecular Methods Market. The Reagent and consumable segments are dominating the global molecular method market with the largest market share of 47.6% in 2021. And is expected to grow further at the same pace in the forecast period. The growth of the market is attributed to the growing utilization of kits and reagents coupled with the high purchase rate of testing kits for the detection of pathogens. And this factor is assessed to boost the market growth in the forecast period. In addition, technological advancements are playing a vital role in the market due to the innovation of reagents with rapid results and optimization, and the integration of automated solutions in manual molecular testing kits. These innovations in the reagents and consumables are responsible to offers rapid pathogen testing with significant potential for accuracy. This key factor is estimated to contribute a larger market share in the forecast period.Molecular Methods Market Regional Insights:
North America is dominating the Global Molecular Methods Market with the largest market share of 34% in 2021. The growth is dominated by the increasing rules and regulations imposed by the regulatory authorities in the region regarding food safety and modernization. Moreover, the presence of regulatory authorities and the acts imposed in the US. Like the Food Safety and modernization act, the Federal Meat Inspection Act of 1906, restricted testing of food and food products are estimated to propel the growth of the market in the forecast period. The Asia Pacific is expected to hold significant share of xx% by 2029. The growth in the sector is attributed to the government initiatives to motivate and enhance the improvement in the field of technology and food safety management. Moreover, new rules and guidelines to increase the standards and safety are likely to hit the growth of the market in the forecast period. For instance, China imposed a new set of food safety guidelines for the local government in the region. The objective of the report is to present a comprehensive analysis of the Global Molecular Methods Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Molecular Methods Market dynamics, structure by analyzing the market segments and project the Global Molecular Methods Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Global Molecular Methods Market make the report investor’s guide.Molecular Methods Market Scope: Inquire before buying
Global Molecular Methods Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US$ 1.99 Bn. Forecast Period 2022 to 2029 CAGR: 5.20% Market Size in 2029: US$ 2.99 Bn. Segments Covered: by Specimen • Polymerase Chain Reaction (PCR) • Immunoassay • Biosensors • Microarray • Others by Product • Instrument • Reagents & Consumables • Services Molecular Methods Market, by Region
• North America o US o Canada o Mexico • Europe o U.K o France o Germany o Italy o Spain o Sweden o CIS Countries o Rest of Europe • Asia Pacific o China o India o Japan o South Korea o Australia o ASEAN o Rest of Asia Pacific • The Middle East and Africa o South Africa o GCC Countries o Egypt o Nigeria o Rest of ME&A • South America o Brazil o Argentina o Rest of South AmericaMolecular Methods Market Key Player
• QIAGEN • 3M • Veredus Laboratories • NEOGEN CORPORATION • Bio-Rad Laboratories, Inc. • Thermo Fisher Scientific, Inc. • bioMérieux SA • ArcherDX, Inc. • HiMedia Laboratories • Eurofins Scientific • SGS SA Frequently Asked Questions: 1. Which region has the largest share in Global Molecular Methods Market? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Molecular Methods Market? Ans: The Global Molecular Methods Market is growing at a CAGR of 5.20% during forecasting period 2022-2029. 3. What is scope of the Global Molecular Methods market report? Ans: Global Molecular Methods Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Molecular Methods market? Ans: The important key players in the Global Molecular Methods Market are – QIAGEN, 3M, Veredus Laboratories, NEOGEN CORPORATION, Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., bioMérieux SA, ArcherDX, Inc., HiMedia Laboratories, Eurofins Scientific, and SGS SA. 5. What is the study period of this market? Ans: The Global Molecular Methods Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Molecular Methods Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Molecular Methods Market 3.4. Geographical Snapshot of the Molecular Methods Market, By Manufacturer share 4. Global Molecular Methods Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porter Five Forces Analysis 4.1.6.1. The threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. The threat of Substitute Grades 4.1.6.5. The intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Molecular Methods Market 5. Supply Side and Demand Side Indicators 6. Global Molecular Methods Market Analysis and Forecast, 2021-2029 6.1. Global Molecular Methods Market Size & Y-o-Y Growth Analysis. 7. Global Molecular Methods Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Specimen, 2021-2029 7.1.1. Polymerase Chain Reaction (PCR) 7.1.2. Immunoassay 7.1.3. Biosensors 7.1.4. Microarray 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 7.2.1. Instrument 7.2.2. Reagents & Consumables 7.2.3. Services 8. Global Molecular Methods Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Molecular Methods Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Specimen, 2021-2029 9.1.1. Polymerase Chain Reaction (PCR) 9.1.2. Immunoassay 9.1.3. Biosensors 9.1.4. Microarray 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 9.2.1. Instrument 9.2.2. Reagents & Consumables 9.2.3. Services 10. North America Molecular Methods Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Molecular Methods Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 12. Canada Molecular Methods Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 13. Mexico Molecular Methods Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 14. Europe Molecular Methods Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 15. Europe Molecular Methods Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Molecular Methods Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 17. France Molecular Methods Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 18. Germany Molecular Methods Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 19. Italy Molecular Methods Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 20. Spain Molecular Methods Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 21. Sweden Molecular Methods Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 22. CIS Countries Molecular Methods Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 23. Rest of Europe Molecular Methods Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 24. Asia Pacific Molecular Methods Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 25. Asia Pacific Molecular Methods Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Molecular Methods Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 27. India Molecular Methods Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 28. Japan Molecular Methods Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 29. South Korea Molecular Methods Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 30. Australia Molecular Methods Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 31. ASEAN Molecular Methods Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 32. Rest of Asia Pacific Molecular Methods Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 33. Middle East Africa Molecular Methods Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 34. Middle East Africa Molecular Methods Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Molecular Methods Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 36. GCC Countries Molecular Methods Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 37. Egypt Textile Reinforced Concrete e-Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 38. Nigeria Molecular Methods Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 39. Rest of ME&A Molecular Methods Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 40. South America Molecular Methods Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 41. South America Molecular Methods Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Molecular Methods Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 43. Argentina Molecular Methods Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 44. Rest of South America Molecular Methods Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Technology, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By Product, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Molecular Methods Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades, and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Pfizer 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Development 45.3.2. QIAGEN 45.3.3. 3M 45.3.4. Veredus Laboratories 45.3.5. NEOGEN CORPORATION 45.3.6. Bio-Rad Laboratories, Inc. 45.3.7. Thermo Fisher Scientific, Inc. 45.3.8. bioMérieux SA 45.3.9. ArcherDX, Inc. 45.3.10. HiMedia Laboratories 45.3.11. Eurofins Scientific 45.3.12. SGS SA 46. Primary Key Insights