Biochemical Reagents Market by Type (PCR, Chromatography, Cell & Tissue Culture, Flow Cytometry, Electrophoresis, Immunoassay) End User (Pharmaceutical & Biotechnology, CRO, Diagnostic Laboratories, Food Companies, Academic)

List of Tables

The global biochemical reagents market is expected to reach $39.61 billion by 2031 at a CAGR of 6.4% from 2024 to 2031.

Following extensive secondary and primary research and in-depth analysis of the biochemical reagents market scenario, the report comprises the analysis of key industry drivers, restraints, challenges, and opportunities. The growth of this market is driven by the growing demand for biochemical reagents in the pharmaceutical industry, the rising prevalence of chronic diseases, the continuous expansion of the pharmaceutical and biotechnology sector, the increasing utilization of biochemical reagents among forensic & agriculture companies, and the rising number of diagnostic and pathology laboratories. However, concerns about reagent cross-contamination restrain the market's growth.

Furthermore, advancements in biochemistry techniques and a rising demand for biochemical reagents for diagnostics are expected to offer market growth opportunities. However, the short shelf life of biochemical reagents is a major challenge impacting the market's growth.

The report offers a competitive landscape based on an extensive assessment of key market players' offerings and geographic presence and the key growth strategies adopted by them over the past few years (2020-2024). The key players operating in the global biochemical reagents market are Waters Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Bio-Rad Laboratories (U.S.), Agilent Technologies, Inc. (U.S.), F. Hoffmann-La Roche AG (Switzerland), Merck KGaA (U.S.), Siemens Healthineers AG (Germany), QIAGEN N.V. (Germany), Becton, Dickinson and Company (U.S.), Johnson & Johnson (U.S.), and Abbot Laboratories (U.S.).

Among the types covered in this report, in 2024, the chromatography reagents segment is expected to account for the largest share of the biochemical reagents market. The large market share of this segment can be attributed to the increasing use of chromatographic techniques in both basic and applied research and by pharmaceutical and biotech industries for quality control, drug discovery, and pharmaceutical manufacturing. Additionally, increasing applications of chromatography across food, environmental, and forensics, coupled with advancements in chromatography systems, contribute to the segment's significant market share.

Among the end users covered in this report, in 2024, the pharmaceutical & biotechnology research segment is expected to account for the largest share of the biochemical reagents market. The large market share of this segment is attributed to the growing number of research laboratories, increased investments in R&D, and rising funding for pharmaceutical research.

An in-depth analysis of the geographical scenario of the global biochemical reagents market provides detailed qualitative and quantitative insights into the five major geographies (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) along with the coverage of major countries in each region.

In 2024, North America is expected to account for the largest share of the biochemical reagents market. North America's major market share is attributed to the large number of pathology & diagnostic laboratories, high R&D expenditure, high prevalence of chronic diseases, and growth in the pharmaceutical industry.

Scope of the Report:

Biochemical Reagents Market Assessment-by Type

PCR Reagents
Chromatography Reagents
Cell & Tissue Culture Reagents
Flow Cytometry Reagents
Electrophoresis Reagents
Immunoassay Reagents
Other Reagents

Note: Other reagents consist of ISH Reagents, Transcription & Translational Reagents, and Spectrometry Reagents.

Biochemical Reagents Market Assessment-by End User

Pharmaceutical & Biotechnology Companies
CROs & CDMOs
Hospitals
Diagnostic Laboratories
Food & Beverage Companies
Academic & Research Institutes
Other End Users

Note: Other end users consist of Forensics, Agriculture companies, Oil & Gas Companies, and Environmental Monitoring Agencies.

Biochemical Reagents Market Assessment-by Geography

North America
U.S.
Canada
Europe
Germany
France
U.K
Italy
Spain
Rest of Europe (Roe)
Asia-Pacific (APAC)
China
Japan
India
Rest of Asia-Pacific (RoAPAC)
Latin America
Brazil
Mexico
Rest of Latin America (RoLATAM)
Middle East & Africa

Product Code: MRHC - 1041095

1. Introduction

1.1. Market Definition & Scope
1.2. Market Ecosystem
1.3. Currency and Limitations
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Approach
2.2. Process of Data Collection and Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecasting
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study

3. Executive Summary

4. Market Insights

4.1. Overview
4.2. Drivers
- 4.2.1. Increasing Demand for Biochemical Reagents from the Pharmaceutical Industry
- 4.2.2. Increasing Prevalence of Chronic and Infectious Diseases
- 4.2.3. Expansion of the Pharmaceutical & Biotechnology Sector
- 4.2.4. Increasing Utilization of Biochemical Reagents among Forensic and Agriculture Companies
4.3. Restraint
- 4.3.1. Concerns About Reagent Cross-Contamination
4.4. Opportunities
- 4.4.1. Advancements in Biochemistry Techniques
- 4.4.2 Increasing Demand for Biochemical Reagents in Diagnostics
4.5. Challenges
- 4.5.1. Short Shelf Life of Biochemical Reagents.
4.6. Factor Analysis
4.7. Trends
4.8. Regulatory Analysis
4.9. Pricing Analysis
4.10. Porter's 5 Force Analysis

5. Biochemical Reagents Market Assessment-by Type

5.1. Overview
5.2. PCR Reagents
5.3. Chromatography Reagents
5.4. Cell & Tissue Culture Reagents
5.5. Flow Cytometry Reagents
5.6. Electrophoresis Reagents
5.7. Immunoassay Reagents
5.8. Other Reagents

6. Biochemical Reagents Market Assessment-by End User

6.1. Overview
6.2. Pharmaceutical & Biotechnology Companies
6.3. CROs & CDMOs
6.4. Hospitals
6.5. Diagnostic Laboratories
6.6. Food & Beverage Companies
6.7. Academic & Research Institutes
6.8. Other End Users

7. Biochemical Reagents Market Assessment-by Geography

7.1. Overview
7.2. North America
- 7.2.1. U.S.
- 7.2.2. Canada
7.3. Europe
- 7.3.1. Germany
- 7.3.2. France
- 7.3.3. U.K.
- 7.3.4. Italy
- 7.3.5. Spain
- 7.3.6. Rest of Europe (RoE)
7.4. Asia-Pacific
- 7.4.1. Japan
- 7.4.2. China
- 7.4.3. India
- 7.4.4. Rest of Asia-Pacific (RoAPAC)
7.5. Latin America
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America (RoLATAM)
7.6. Middle East and Africa

8. Competition Analysis

8.1. Overview
8.2. Key Growth Strategies
8.3. Competitive Benchmarking
8.4. Competitive Dashboard
- 8.4.1. Industry Leaders
- 8.4.2. Market Differentiators
- 8.4.3. Vanguards
- 8.4.4. Emerging Companies
8.5. Market Share Analysis/Market Ranking, by Key Players (2022)

9. Company Profiles (Company Overview, Financial Snapshot, Product Portfolio, and Strategic Developments)

9.1. Waters Corporation
9.2. Thermo Fisher Scientific Inc.
9.3. Bio-Rad Laboratories, Inc.
9.4. Agilent Technologies, Inc.
9.5. F. Hoffmann-La Roche AG
9.6. Merck KGaA
9.7. Siemens Healthineers AG
9.8. QIAGEN N.V.
9.9. Becton, Dickinson and Company
9.10. Johnson & Johnson
9.11. Abbott Laboratories

(Note: SWOT Analysis Will be Provided for the Top 5 companies)

10. Appendix

10.1. Available Customization
10.2. Related Reports