Biotechnological reagent market growth is co-dependent on the development of biotechnological instrumentation market. Hence, the growth of the biotechnological instrumentation market along with rising number of biotechnological companies and growing spending in biotechnological R&D are key drivers for the development of the market over the forecast period. Biomedical research that involves drugs analysis and various API (Active Pharmaceutical Ingredients) and marking or labeling of the molecules also contributes towards the positive growth of the market. Along with the stated drivers, reagents are needed in the fields of stem cell research, genetics, immunology and education.
http://www.grandviewresearch.com/industry-analysis/biotechnology-reagent-market
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