Biological Stains Market Overview
Staining is a supplementary technique used to enhance the contrast in the microscopic image. Biological stains are essential in the identification of physical, chemical and structural characteristics of biological content. The increasing use of stains in healthcare and life sciences research, the surge in the number of infectious diseases and increasing commercial use of stains are the factors responsible for the growth of the biological stains market. Additionally, increasing RD spending and aggressive strategies adopted by the top players, such as new product launches, and merger and acquisition activities are contributing to the growth of the market
Acknowledging the colossal growth, the market perceives currently, Market Research Future (MRFR), in its recently published analysis asserts that the global Biological Stains Market will further create a substantial revenue pocket by 2023, registering approximately 7.1% CAGR throughout the forecast period (2020-2027). The increasing number of approvals are impacting the growth of the market, positively.
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Some of the key players in the global biological stains market are Thermo Fisher Scientific Inc., Avantor, Becton, Dickinson and Company, Beckman Coulter, Inc., Merck KGaA, F. Hoffmann-La Roche Ltd, Bio-Rad Laboratories, Inc, Water Corporation, and bioMérieux SA.
Biological Stains Market Segmentation
The global biological stains market has been segmented on the basis of type, application, and end-user.
On the basis of type, the market has been classified as acid fuchsin, Congo red, crystal violet, eosin, methylene blue, iodine, safranin, and others. The eosin segment has been further divided into eosin Y, alcoholic eosin Y, eosin B, eosin- phloxine, and picro-eosin. The application segment has been further divided into histology, bacteriology, protein staining, gram staining, protein staining, DNA staining, and fluorescence microscopy.
The market, by end-user, has been segmented into diagnostic laboratories, academic and research institutes, pharmaceutical and biotechnology companies, and others.
Biological Stains Market Regional Analysis
North America heading with the technological advancements, dominates the global biological stains market with a significant market share. Besides, factors such as the increasing prevalence of infectious diseases and growing use of stains in food testing alongside the presence of a well-established healthcare system and advancements in medical science drive the market growth in the region.
Simultaneously, factors such as the huge uptake of advanced technologies and the increasing emphasis of market players on delivering cost-competitive biological stains foster the growth of the regional market.
The biological stains market in the European region accounts for the second-largest market, globally. Factors such as the increasing number of academic and research institutes coupled with the rising demand for biological reagents for research and academic purpose drive the growth of the regional market.
Moreover, the spreading awareness towards diagnostics procedures and increasing demand for diagnostics are contributing to the growth of the market in this region. Undoubtedly, the rapidly improving economy is predominantly fostering the growth of the biological stains market in the region, increasing healthcare expenditures and the adoption of advanced technologies.
The Asia Pacific biological stains market has emerged as a profitable market, globally. Factors such as the rapidly proliferating healthcare sector, vast advancements in medical technology, and the increasing number of market players are propelling the regional market.
The rapidly developing economy in the region is a key driving force behind the growth of the regional market which is driving the researches in the field of life science and biotechnology. Flourishing markets in countries, such as Japan, China, and India, are pushing up the growth in the regional market. Moreover, the APAC biological stains market is driven by the rising population and the spreading awareness towards the functionalities of contrast media.
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