North America Molecular Weight Marker Market Analysis Report - Segmented By Product, Type, Application, End-user and Country (the United States, Canada and Rest of North America) – Industry Analysis on Size, Share, Trends, COVID-19 Impact and Growth Forecast (2024 to 2029)

Updated On: January, 2024
ID: 6432
Pages: 145

North America Molecular Weight Marker Market Size (2023 to 2028)

The Molecular weight Marker Market size in North America is anticipated to grow at 11.66% CAGR from 2023 to 2028. It is estimated that the North American market is expected to value at USD 158.38 million in 2023 and to reach USD 274.92 million by 2028.

The growth of the North American Molecular weight Marker Market is expected to be driven by increased research and development investment by biotechnology firms, government and private sector financing for research, and expanding partnerships between academics, biotechnology, and pharmaceutical industries for molecular research. Investing in molecular biology research and development, which includes molecular markers, is one of the key reasons driving the North American molecular market's growth. In life science research, molecular weight markers are commonly employed. RNA markers that have been tagged with digoxigenin are commonly utilized because they are more stable and may be used numerous times without losing their effectiveness. Roche is a major participant in the field of RNA molecular weight markers. Furthermore, these indicators have become increasingly important in the research and development of novel treatments and medicines. As a result, demand for RNA markers is projected to rise, assisting the market's expansion.

A major factor propelling the market's growth is the rising popularity of customized medications to treat chronic illnesses and genetic abnormalities. The use of molecular weight markers to investigate an individual's genome, genes, and diseases is referred to as personalized medicine. In addition, these goods have improved recently, allowing for a clearer background and sharper bands. As a result, demand for molecular weight marker products is projected to increase in the near future, boosting growth. The North American molecular weight marker market is being driven by the rising prevalence of chronic illnesses that require molecular biomarkers for therapy. In addition, the molecular weight marker market is benefiting from increased government assistance in the form of funding in the life science area.

Government organization’s strict rules and regulations to maintain safety measures may slow the growth of the molecular weight marker market in this region. In addition, the lack of skilled professionals in the field of molecular weight markers to conduct research and effectively use these markers is restricting molecular weight markers' use in the market.

This research report on the North America Molecular weight Marker Market has been segmented into the following categories:

By Product:

  • DNA
  • RNA
  • Protein

By Type:

  • Pre-stained
  • Specialty

By Application: 

  • PCR
  • Western Blotting
  • Gel Extraction

By End-User:

  • Contract Research Organizations (CRO)
  • Pharmaceutical Companies
  • Academic Institutes

By Country: 

  • The United States
  • Canada
  • Rest of North America

Regionally, the North American molecular weight marker market accounts for the largest share of the market, followed by Europe and the Asia Pacific in the global market due to many large research laboratories and biotechnology firms in this region. Moreover, the highly developed healthcare and research infrastructure in this region has fueled the market growth. North America dominates the global market for molecular weight markers. This is owing to a higher level of awareness in the region regarding the therapeutic uses of molecular biomarkers in illness management. In addition, the region's molecular weight marker industry has benefited from enhanced life science infrastructure. The existence of several big research facilities and biotechnology in the United States drives the North American market. In biotech businesses, molecular weight indicators such as gel electrophoresis, PCR, molecular cloning, and sequencing are frequently employed in research. The molecular weight markers market is projected to be driven by the growing number of biotech businesses in the United States. Roche has made a research agreement with Stratos Genomics, a biotech firm located in the United States, to support the company's unique use of single-molecule sequencing of DNA fragments utilizing protein nanopores. Because of several big research facilities and biotechnology businesses in this area, such as CELGENE CORP. and Amgen Inc., North America led the molecular weight markers sector with the greatest revenue share. Furthermore, the region's well-developed healthcare and research infrastructure have supported the market expansion.

KEY MARKET PLAYERS:

A few of the major companies operating in the North American molecular weight marker market profiled in this report are F Hoffmann-La Roche AG, Thermo Fisher Scientific Inc., Agilent Technologies, Sigma-Aldrich, Affymetrix, Inc., QIAGEN, Takara Bio Inc., Bio-Rad Laboratories, Promega Corporation, and New England Biolabs.

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