The molecular weight marker market size is expected to see rapid growth in the next few years. It will grow to $1.24 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%. The growth in the forecast period can be attributed to ongoing innovations in molecular biology techniques, the expanding biopharmaceutical industry, with its focus on biologics and biosimilars, rising funding from governments, expansion of research infrastructure in developing countries, and growing emphasis on personalized medicine. Major trends in the forecast period include technological advancements in molecular biology, the introduction of high-resolution molecular weight markers, and the development of more precise and user-friendly molecular weight markers.
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Segmentation & Regional Insights
The molecular weight marker market covered in this report is segmented –
1) By Product: DNA Markers, Protein Markers, RNA Markers
2) By Marker Type: Prestained Markers, Unstained Markers, Specialty Markers
3) By Application: Nucleic Acid Application, Proteomics Application
3) By End User: Academic Research Institutes, Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Other End-Users
North America was the largest region in the molecular weight marker market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the molecular weight marker market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The growing adoption of personalized medicine is expected to propel the growth of the molecular weight marker market going forward. Personalized medicine refers to a medical care philosophy that aims to tailor medicines and interventions to the particular requirements of each patient. The adoption of personalized medicine is due to the rapid growth of omics technology, data integration, genetics, and an awareness of the significance of tailored patient-specific medications and preventive actions. Molecular weight markers offer a powerful platform for advancing personalized medicine by enabling comprehensive proteomic analysis, facilitating biomarker discovery, improving drug development and response understanding, and supporting the creation of personalized therapeutic strategies. For instance, in February 2024, according to the Personalized Medicine Coalition, a US-based non-profit organization, the FDA approved 16 novel personalized therapies for patients with rare diseases in 2023, compared to six in 2022. Therefore, the growing adoption of personalized medicine will drive the growth of the molecular weight marker market.
Key Industry Players
Major companies operating in the molecular weight marker market are Thermo Fisher Scientific Inc., Roche Holding AG, Merck KGaA, Avantor, Agilent Technologies Inc., Lonza Group AG, Sigma-Aldrich, PerkinElmer, Bio-Rad Laboratories, QIAGEN N.V, Bio-Techne, VIAVI Solutions Inc., Thorlabs Inc., Promega Corporation, Takara Bio, New England Biolabs, BBI Solutions, Avantes BV, SERVA Electrophoresis, Enzo Life Sciences, Carl Zeiss AG, Raptor Photonics, Magritek Ltd
The molecular weight marker market report table of contents includes:
1. Executive Summary
2. Molecular Weight Marker Market Characteristics
3. Molecular Weight Marker Market Trends And Strategies
4. Molecular Weight Marker Market – Macro Economic Scenario
5. Global Molecular Weight Marker Market Size and Growth
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32. Global Molecular Weight Marker Market Competitive Benchmarking
33. Global Molecular Weight Marker Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Molecular Weight Marker Market
35. Molecular Weight Marker Market Future Outlook and Potential Analysis
36. Appendix
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