Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 2000 Million | USD 5000 Million | 6.9% | 2022 |
FrequentlyAsked Questions
Molecular biotechnology has increased the applications of molecular methods.
The global molecular methods market growth can be owing to rising investment in the development of new methods and technological advancements.
According to a study, the global molecular methods industry size was $2000 million in 2022 and is projected to reach $5000 million by the end of 2030.
The global molecular methods market is anticipated to record a CAGR of nearly 6.9% from 2023 to 2030.
The Asia-Pacific molecular methods industry is set to register the highest CAGR over the forecasting timeline owing to the rise in the presence of key players in countries such as India and China. Apart from this, a rise in the technical competency of food safety firms in these countries will steer the growth of the industry in the region.
The global molecular methods market is led by players such as QIAGEN, Bio-Rad Laboratories, Inc. NEOGEN CORPORATION, Thermo Fisher Scientific, Inc., Veredus Laboratories, bioMérieux SA, SGS SA, The 3M Company, Eurofins Scientific, HiMedia Laboratories, and ArcherDX, Inc.
The molecular methods market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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