Nottingham, United Kingdom, June 11, 2016 --(PR.com
)-- As stated in a recently published report by Brisk Insights, Life Science Tools and Reagents Market is expected to grow at the CAGR of 11.43% during 2015-2022. The Global Life Science Tools and Reagents Market is segmented on the basis of mode of technology, application, landscape and geography. The information on Global Life Science tools and Reagents Market forecast, 2015-2022 (by technology, services, application, reagents and geography) provides detailed overview and predictive analysis of the market.
There are various factors driving the whole life science tools and reagents market some of them are rise in demand from pharmaceutical companies, increasing number of drug resistant diseases and advancement in technological advancement in the field of life science are the major source of driving force. The life science tools has shown a steady growth rate in last decade, despite of the economic downfall. Reagents and tools alone for DNA and RNA have the weight of $27bn and are expected to increase with CAGR of 12.3% annual growth rate. Cell biology itself is 30% of the whole life science tools market and is predicted to double its value in 5 years with CAGR of 19.74% annual growth rate.
Despite having so many driving forces, the market of life science tools and reagents sometimes faces some major issues hindering the growth of the market such as need of huge capital investment and time consumption. These are the reasons why this industry is leveraged.
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