Reagents, also known as reactants, are compounds, substances or mixtures, that are used to initiate chemical reactions to identify, examine, measure or produce other chemical substance. Based on their composition, reagents can either be organic or inorganic. Collin’s reagent, Fenton’s reagent and Grignard reagents are the examples of organic reagents. Inorganic reagents include high purity chemical reagent, which is the fastest growing reagent in the global reagents market. It is mainly used in semiconductor industry. The demand for high purity reagent is primarily driven by rapid development of biotechnology and defense industry.
The global reagents market can be segmented on the basis of product type and end-user. On the basis of product type, the market is divided into cytokine and chemokine testing, immunochemistry, environmental testing, molecular biology, carbohydrate analysis and cell/tissue culture. Molecular biology dominates the overall reagents market. Cytokine and chemokine are expected to witness faster growth in near future.
On the basis of end user, the reagents market is segmented into biotechnology, academic and non- academic segment. Biotechnology reagents include DNA sequencing reagents, liquid chromatography reagents, flow cytometry reagents, immunoassay reagents, polymerase chain reaction reagents, electrophoresis reagents, protein synthesis reagents and others. These reagents are used in the field of diagnosis, research, education, bioscience, genetics and immunology. In addition, growing use of biotechnology reagents in therapeutics and commercial applications are driving the market for biotechnology reagents globally.
The global market for reagents industry is driven by increased usage of reagents in basic research activities and large scale commercial applications such as electronic information, food, aerospace, military and medicine industry. Furthermore, technological advancements in the field of cell and tissue culture along with the development of flow cytometric, electrophoresis and chromatography techniques are boosting the market.
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