About Molecular Methods
The improvement in food safety regulations, rapid advancement in automation of food testing protocols, increasing occurrence of food-borne illness, growing demand of the packaged and organic food products will accelerate the growth of the molecular methods market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.9% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Molecular Methods market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
QIAGEN (Germany), 3M (United States), Veredus Laboratories (Singapore), Neogen Corporation (United States), Thermo Fisher Scientific (United States), Bio-Rad Laboratories (United States), bioMérieux SA (France), ArcherDX (United States) and HiMedia Laboratories (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Eurofins Scientific (Luxembourg) and SGS (Switzerland).
Segmentation Overview
AMA Research has segmented the market of Global Molecular Methods market by Type (Polymerase Chain Reaction (PCR), Immunoassay, Biosensors, Microarray and Others), Application (Instrument, Reagents & Consumables and Services) and Region.
On the basis of geography, the market of Molecular Methods has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Growth Drivers:
Improvement in food safety regulations, Introduction of automation in food testing protocols and Growing burden of foodborne illness
Challenges:
Budget and resources constraints
Restraints:
High cost of advanced molecular testing equipment and Lack of food safety awareness in developing economies
Opportunities:
Growth opportunities in emerging countries and Rising focus on R&D and funding in molecular Methods
Market Leaders and their expansionary development strategies
In January 2024, hoc announcement pursuant to Art. 53 LR Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin therapeutics, and Orano Med, a pioneer in targeted alpha therapy, have announced a collaboration to develop novel Radio-DARPin therapeutics (RDTs) that use Orano Med’s 212Pb radioisotope as a payload to selectively kill cancer cells. Both companies will leverage their unique capabilities to enable rapid clinical development and agree to share costs for preclinical and clinical development for multiple oncology targets, the first of which is DLL3.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Molecular Methods Provider, Venture Capitalists and Private Equity Firms and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.