Enzymes are natural biocatalysts, harvested and produced from living organisms such as animals, plants, fungi and bacteria. Diagnostic specialty enzymes are used in high value-added and low volume applications. Specialty enzymes are gaining popularity from the past few years due to their potential applications in numerous industries such as biotechnology, pharmaceutical research and diagnostics. In addition, this enzyme is employed in various diagnostic applications such as DNA sequencing and manipulation.

MARKET DYNAMIC- UNITED STATES DIAGNOSTIC SPECIALTY ENZYMES MARKET

The United States diagnostic specialty enzymes market has been seeing ample growth from the past few years. Market for diagnostic specialty enzymes is majorly driven by growing application of diagnostic specialty enzymes in pharmaceutical and biotechnology industries, and in research and development activities. The eco-friendly and cost-effective feature of specialty enzymes has been resulting in growing adoption in applications in pharmaceutical industries. Moreover, rapidly growing research and development investment in the country’s pharmaceutical industry is further boosting the market growth. For instance, according to the Pharmaceutical Research and Manufacturers Association (PhRMA), the country’s biopharmaceutical organizations conduct more than half the globe’s RD in pharmaceuticals and hold the intellectual property rights on newest medicines.

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COVID 19 IMPACT ON UNITED STATES DIAGNOSTIC SPECIALTY ENZYMES MARKET REPORT 

The exclusive COVID 19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the diagnostic specialty enzymes market. In addition, complete analysis of changes on diagnostic specialty enzymes market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on United States economies, international trade, business investments, GDP and marketing strategies of key players present in the market.

UNITED STATES DIAGNOSTIC SPECIALTY ENZYMES MARKET SEGMENTAL OVERVIEW

The study analyses United States diagnostic specialty enzymes market based on product, application and country. 

DIAGNOSTIC SPECIALTY ENZYMES MARKET BY PRODUCT

Various products such as polymerases and nucleases, oxidases, carbohydrates, proteases and others are analyzed in the United States diagnostic specialty enzymes market. The polymerases and nucleases product segment dominated the market and expected to maintain its dominance during the forecast period. The increasing use of polymerase and nuclease enzymes in sophisticated biotechnology applications such as DNA amplification and DNA sequencing is expected to impel market growth. Various local enzyme manufacturers have made substantial investments in the worldwide diagnostic specialized enzymes industry which impels the market growth.

DIAGNOSTIC SPECIALTY ENZYMES MARKET BY APPLICATION

Major applications of the global diagnostic specialty enzymes market are clinical chemistry, immunoassay, and molecular diagnostics. The clinical chemistry segment is further segmented into blood glucose monitoring and POC testing. The clinical chemistry segment is expected to dominate the market during 2021 to 2027. Major growth factors such as increasing adoption of point-of-care testing devices, growing demand for laboratory automation and rising initiatives and funding by the government for preventive care are accredited to the growth of the segment. 

DIAGNOSTIC SPECIALTY ENZYMES MARKET KEY PLAYERS

The major key players of market include Codexis, Inc, F. Hoffmann-La Roche Ltd, Amano Enzymes Inc, Advanced Enzymes Technologies Ltd, Biocatalysts Ltd, Dyadic International, Affymetrix, Inc and American Laboratories, Inc among others. 

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