Stains And Reagents Market: By Product Type (Staining System, Staining Reagents, Accessories), By Technology (Hematoxylin and Eosin, Immunohistochemistry, In Situ Hybridization, Cytology, Microbiology, Hematology, Special Stains), by End User (Hospitals, Diagnostic Laboratory Centers, Academics, and Research Institutes), and Geography (North America, Europe, Asia Pacific, Latin America, and MEA) and forecast to 2029.
Stains And Reagents Market size was valued at USD 4,312.7 million in 2022, growing at a CAGR of 6.0% from 2023 to 2029. There are different types of cell culture reagents that support cell growth and the consistency of the cell culture. The reagents provide additional nutrients like antioxidants., growth factors and amino acid solutions. Some of the inorganic salts like potassium chloride, sodium chloride, calcium chloride dehydrate are used to maintain the medium at a physiological pH, and extracellular and intracellular osmotic pressure. The increase in prevalence of chronic infectious diseases like cholera, malaria, tuberculosis, and their advanced diagnostics and adoption of 3D cell culture are expected to drive the growth of stains and reagents market over the forecasted period. In addition, the increase in investment for research and development by the key market players, funding cell-based research, the increase in potential of personalized medicine, and emerging economies are expected to boost the growth of stains and reagents market at a significant rate over the forecasted period. Whereas, the ethical concern regarding the cell biology research and reproducibility of results are expected to hinder the growth of stains and reagents market. However, the lack of awareness of the staining system and use of conventional method of staining is also expected to hold the growth of stains and reagents market in the forecasted period. Furthermore, easy user-friendly interface and enhanced traceability characteristic are expected to provide opportunity for the key market players over the forecasted period. Geographically, North America region held the major market share in 2022 and is expected to dominate the global stains and reagents market in the forecasted years.
Stains And Reagents
Market Key Developments:
In August 2022, Abcam plc announced a merger with twist bioscience to discover, development, and commercialization of antibody.
In June 2021, Thermo Fisher acquired PPD, expanding their value proposition for biotech and pharmaceutical customers.
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Stains and reagents market is expected to grow over the forecasted period owing to the increasing prevalence of chronic infectious disease and their need for advanced diagnostic for the treatment of infectious disease. Adoption of 3D cell culture, advancement in microbiology culture techniques, increasing investments in research and development are expected to boost the market growth over the forecasted period. Introduction of automatic slide Stainer is expected to quick adoption in academic and research centers andpropel the market growth at an significant rate over the forecasted period. In addition, rising focus on biotechnology and pharmaceutical research and rising need for automation technology in the biological research is expected to fuel the market growth.
Stains and reagents market is segmented based on regions into North America, Asia-pacific, Europe, Latin America and Middle East and Africa. North America stains and reagents market is likely to hold a significant revenue share, and in the forecasted years, it is predicted to increase rapidly due to the easy adoption of advanced technological instruments, presence of major key market in this region, and rapid rise in the investments in research and development are expected to drive the growth of stains and reagents market at a significant rate in this region over the forecasted period. Asia pacific region is expected to have a robust growth over the forecasted period due to the rising demand for slide strainers for multiple applications in this region. And increase in investment in pharmaceutical and biotechnological researches in this region.
Latin America
Europe
Asia Pacific
Middle East
North America
Stains and Reagents market was valued at USD 4,312.7 million in 2022, growing at a 6.0% CAGR from 2023 to 2029
The North America region is expected to dominate the stains and reagent market over the forecasted period.
The leading players in the global Stains and Reagents market are F. Hoffmann-La Roche Ltd., Danaher Corporation, PHC Holdings Corporation, Thermo Fisher Scientific, Inc., Merck KGAA, Agilent Technologies, Inc., Abcam Plc., Becton, Dickinson and Company, Siemens Healthineers AG, BioCare Medical, LLC, Hardy Diagnostics, General Data Company, ELI Tech Group.
Lack of skilled professionals in straining and use of conventional method over new modern straining methods is expected to hinder the market growth over the forecasted period.