Global life science tools and reagents market to reach $81 billion by 2016

May 11, 2011 - PRLog -- According to the report ‘Life Science Tools and Reagents Global Markets’ now available at: http://www.pharmaceutical-market-research.com/go/BCC00417 the life science tools market has shown steady growth over the last couple of years despite the economic downturn. This market is currently valued at more than $42 billion and is projected to increase at compound annual growth rate (CAGR) of 13.6% to reach approximately $81 billion in 2016.

Reagents and tools for DNA and RNA research are currently worth $27 billion and expected to increase at a 12.2% compound annual growth rate (CAGR) to reach $48 billion in 2016.
Cell biology reagents represent at least 30% of the life science research tools market. This particular segment is currently estimated at $10 billion and predicted to at least double its value in the next 5 years to reach $24 billion, a 19.1% compound annual growth rate (CAGR).

This 154 page provides an overview of the current overall state of the life science tools and reagents industry, existing products on the market, and a detailed analysis of the competitive environments, including new potential markets for novel products and assay development. This study includes information about significant players, trends, and obstacles and other information affecting the market for research tools and reagents in the life science sector.

Product ID: BCC00417

About: http://www.pharmaceutical-market-research.com/publication... is the source for information products concerning the global biotechnology, healthcare, medical device and pharmaceutical industries. With over 20,000 market reports available, executives can find a current and comprehensive range of specialised intelligence. www.pharmaceutical-market-research.com is a service from Piribo Ltd, which was founded in 2004.

# # #

About Piribo.
Piribo http:www.piribo.com is the source for information products concerning the global biotechnology and pharmaceutical industries. Here you can browse and buy thousands of business information studies, market reports and books.