Biochemical Reagents Market- Global Forecast to 2031

According to the latest publication by Meticulous Research®, the global biochemical reagents market is expected to reach $39.61 billion by 2031, growing at a CAGR of 6.4%. This market growth is driven by several factors, including the increasing demand for biochemical reagents in the pharmaceutical industry, the rising prevalence of chronic diseases, the ongoing expansion of the pharmaceutical and biotechnology sectors, the growing use of biochemical reagents in forensic and agricultural applications, and the increasing number of diagnostic and pathology laboratories. However, concerns about reagent cross-contamination may hinder market growth.