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Global Glycomics Kits Market Revenue Analysis and Growth Projections by Agilent Technologies, Inc; Thermo Fisher Scientific Inc.; Asparia Glycomics; Vector Laboratories & Others

Global glycomics kits market is set to witness a substantial CAGR in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for personalized medicines and technological advancement are some factors that bring healthy opportunities for the market growth.

Objectives of the marketing research are kept in mind while preparing this glycomics kits market research report. Market analysis, market definition, currency and pricing, key developments and market categorization along with detailed research methodology are the key factors of this market report. Market segmentation study is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing. For research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions are taken into account.

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Key Market Competitors:

Few of the major competitors currently working in the global glycomics kits market are Merck KGaA; Shimadzu Corporation; WATERS; New England Biolabs (UK) Ltd; Agilent Technologies, Inc; Thermo Fisher Scientific Inc.; Asparia Glycomics; Vector Laboratories; Beth Israel Deaconess Medical Center; glyconet Berlin Brandenburg eV;, GlySign; Canadian Glycomics Network; RayBiotech, Inc.; Glycodiag, LABORATORIOS FARMACEUTICOS ROVI SA; Glyco Expression Technologies, Inc; among others.

Competitive Analysis:

Global glycomics kits market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of glycomics kits market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Developments in the Market:

  • In June 2018, Shimadzu Corp. and PREMIER Biosoft.  Announced the launch of their Shimadzu’s LCMS-9030 Quadrupole Time of Flight (Q-TOF) mass spectrometry (MS) system technology support provided by PREMIER Biosoft’s lipidomics and glycomics data analysis software solutions. This combination will help both the companies to advance lipidomics and glycomics research
  • In June 2018, Agilent Technologies Inc. announced the acquisition of ProZyme, Inc. The acquisition will allow Agilent to expand growth prospects in the fast-growing glycan market and further broaden its biopharmaceutical consumables. This will also enhance their product portfolio and will help them to provide better services to their customer

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Segmentation: Global Glycomics Kits Market

By Kits

(Glycan Labeling Kits, Glycan Purification Kits, Glycan Release Kits, Other Glycomics Kits),

Application

(Diagnostics, Drug Discovery & Development, Oncology, Immunology, Other),

End- User

(Academic Research Institutes, Pharmaceutical & Biotechnology Companies, Contract Research Organizations),

Geography

(North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Market Drivers:

  • Rising funding activities by pharmaceutical and biotechnology companies will drive the market growth
  • Technological advancement in glycomics instrumentation acts as a market driver
  • Increasing focus on glycomics and proteomics research is another factor boosting the growth of the market in the forecast period
  • Increasing adoption of glycan structure data analysis by research centers will augment the market growth

Market Restraints

  • Strict government norms and regulation will hamper the market growth
  • High cost of the glycomics instruments will also restrain the market
  • High degree of consolidation prevents new players from entering the market is another factor restricting this market growth

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