Life science research tools are used in a wide range of fields, such as molecular biology, genetics, biotechnology, cell biology, biochemistry, and biomedicine. Some major life science products include instruments, reagents, consumables, and services that are offered to academic, medical, scientific and research professionals worldwide.
The major segments in the life science research tools industry are genomics, proteomics, next-generation sequencing, cellular and molecular biology, biomarker discovery and validation, microarrays, general laboratory equipment and supplies, and automation.
Rising demand from research facilities and pharmaceutical companies is a major factor driving the growth of the life science research tools market. The need for novel approaches to improve the quality of treatment encourages these organizations to focus on life science products when developing new products and treatment strategies.