Global DNA Polymerase Market: OverviewThe DNA polymerases refer to those enzymes that generate DNA molecules through assembling of nucleotides. Nucleotides are the building blocks of DNA. These enzymes are considered crucial for the replication of DNA and generally work in pairs so as to make two similar DNA strands from one single DNA molecule. Over the course of the process, DNA polymerase is able to “read” the existing DNA strands to generate two new strands matching with the existing ones. The global DNA polymerase market is expected to observe growth in the rising number of research and development projects.
The global DNA Polymerase market has been segmented based on cell type, according to the reagents used, therapeutic application, end users, and region. The main objective of providing such a comprehensive report is to provide a deep insight into the market.
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Global DNA Polymerase Market: Notable Developments
The global DNA Polymerase market has witnessed some developments in the last few years. One of such markets developments is described below:
- In 2017, scientists at Seoul National University, South Korea published results of experiments that used DNA sequenced covered gold nanoparticles and figured out the DNA of interest utilizing dark-field microscopy. Innovative methods such as this avoid the requirement for DNA amplification and generate demand for DNA polymerase.
Some of the key market players of the global DNA polymerase market are
- F. Hoffmann-La Roche AG
- Thermo Fisher Scientific Inc.
- New England Biolabs, Inc.
- Bioline & Promega Corporation
- Takara Bio Inc.
- Genscript Biotech
Global DNA Polymerase Market: Growth Drivers
Increased Government Funding and Support to Amplify Growth Opportunities of the Market
The growth of the global DNA Polymerase market is likely to be driven by the augmented activities pertaining to research and developments. These activities are estimated to drive the demand for high-fidelity DNA polymerase. In addition, various other factors like introduction of high end technologies, augmented awareness about DNA polymerase, and rising number of research laboratories are likely to add to the growth of the global DNA polymerase market in the years to come.
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In the last few years, there has been a shift in funding of research and development of life sciences projects to biotechnology in various developing regions like Asia Pacific. Contact research organizations are working in such rapidly developing countries and they are working on the development of generic biologics. In addition, government authorities are making initiatives in reducing the cost of drugs, which is likely to provide immense support for the growth of the pharmaceutical and biotechnology business. Government bodies are giving tax benefits for various research and development projects and have allotted increased budget for such activities. Besides, attraction of direct foreign investment and creation of public and private conglomerates are also likely to work in favor of the global DNA polymerase market over the tenure of assessment.
Global DNA Polymerase Market: Regional Outlook
Driven by high growth in biotechnology sector in China and South Korea, Asia Pacific is likely prevail as one of the high growth territories in the global DNA polymerase market in the forthcoming years. The regional dominance of Asia Pacific market is likely to be shaped by the high demand for the product in diverse industries like personal care, pharmaceutical, and cosmetics.
The global DNA polymerase market is segmented as:
- Neuro-generative diseases
- Genetic disorders
- Forensic labs
- Biotechnology companies
- Diagnostic centers
- Research institutes
- Forensic laboratories
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