PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1424997
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1424997
Molecular Weight Marker Market size was valued at USD 619.6 Million in 2022, expanding at a CAGR of 12.8% from 2023 to 2030.
he RNA molecular weight markers, synthetic chains of defined lengths used for RNA species' molecular weight determination, are a significant segment of interest. Typically prepared through in vitro transcription of linearized plasmids using RNA polymerases in separate reactions, these markers have a shelf life of up to 2 years when stored at -80 °C in a storage buffer like EDTA. Staining with ethidium bromide is a common practice to make them detectable in gel electrophoresis, and they serve as size standards in northern blotting and RNA gel electrophoresis.
Molecular Weight Marker Market- Market Dynamics
Increasing investments in research and development (R&D) and a heightened focus on proteomics and genomics technologies research is expected to propel the market demand
The market is expected to experience substantial growth due to increasing investments in research and development (R&D) and a heightened focus on proteomics and genomics technologies research. Notably, major pharmaceutical and biotechnology companies are boosting R&D investments, such as Pfizer's substantial increase from USD 9,343 million in the previous year to USD 13,829 million in FY 2021. Similarly, Biocon Biologics Limited plans to elevate its R&D investments by 10-15% in the upcoming financial year (FY 2023) to drive future growth. Furthermore, the expanding research in proteomics and genomics is poised to further stimulate market growth. The increased use of ladder systems in proteomic and genomic research is expected to drive the utilization of molecular weight markers during the study's forecast period. Additionally, the introduction of novel protein ladders or molecular weight markers, such as those developed by undergraduate students at Penn State, is expected to contribute to market growth.
Molecular Weight Marker Market- Key Insights
As per the analysis shared by our research analyst, the global Molecular Weight Marker Market is estimated to grow annually at a CAGR of around 12.8% over the forecast period (2023-2030)
Molecular Weight Marker Market is projected to grow at a significant rate due to increasing investments in research and development (R&D) and a heightened focus on proteomics and genomics technologies research.
Based on product, Protein Marker was predicted to show maximum market share in the year 2022
Based on type, unstained segment was the leading type in 2022
On the basis of region, North America was the leading revenue generator in 2022
The Global Molecular Weight Marker Market is segmented on the basis of Product, Type, By Application, and Region.
The market is divided into three categories based on Product: DNA Marker, Protein Marker & RNA Marker. In 2022, Protein markers dominate the market as they are predefined standards for approximating the size of proteins or nucleic acid fragments analyzed on electrophoresis gels. These standards contain predetermined fragment (or protein) sizes and concentrations.
The market is divided into four categories based on type: Prestained, Unstained & Specialty. Over the forecast period, the unstained markers segment is projected to witness substantial growth during the study period. This is attributed to its capacity to provide precise molecular weight determinations across a broad molecular weight range, making it increasingly popular and a driving force for market expansion.
Molecular Weight Marker Market- Geographical Insights
Geographically, this market is widespread into the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. North America is expected to dominate the market during the forecast period. The prevalence of several large biotechnology and pharmaceutical businesses in the US, the rising cost of research and development (R&D), and the increasing burden of different infectious and chronic illnesses.
In the molecular weight market, companies are actively engaged in the development and manufacturing of advanced analytical instruments and solutions. These technologies play a crucial role in various industries, including pharmaceuticals, biotechnology, chemistry, and materials science, by allowing precise measurement and characterization of molecules based on their molecular weight. Leading companies in this market are continually innovating to provide high-performance mass spectrometers, chromatography systems, and other analytical tools that enable researchers and scientists to gain deeper insights into molecular structures and compositions. They are also focusing on enhancing the automation, sensitivity, and data analysis capabilities of their instruments to streamline research processes and accelerate scientific discoveries. Furthermore, there is a growing emphasis on offering integrated solutions that combine molecular weight analysis with other analytical techniques, such as proteomics and metabolomics, to provide a comprehensive understanding of complex biological and chemical systems. Overall, companies in the molecular weight market are dedicated to advancing scientific research and development across diverse fields.
In November 2022, Creative Enzymes unveiled a new line of highly efficient and cost-effective DNA markers and ladders that quickly gained popularity in the research market.
In August 2022, Bio-Rad Laboratories, Inc., a renowned manufacturer of molecular weight markers, announced its acquisition of all outstanding shares of Curiosity Types, Sp. Z. o. o. from Scope Fluidics, S.A., aiming to strengthen its position in the molecular Types market and expand its product offerings.