Lucintel's latest market report analyzed that diagnostic specialty enzyme provides attractive opportunities in pharmaceuticals, research & biotechnology, diagnostics, and biocatalysts. The diagnostic specialty enzyme market is expected to grow at a CAGR of 7%-9%. In this market, polymerases and nucleases are the largest segment by product, whereas pharmaceuticals are largest by application.
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Based on product, the diagnostic specialty enzyme market is segmented into protease, carbohydrase’s, polymerases and nucleases, and lipase. The polymerases and nucleases segment accounted for the largest share of the market in 2020 due to rise in the usage of polymerase and nuclease enzymes in advanced biotech applications, such as DNA sequencing and DNA amplification.
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The diagnostic specialty enzyme market is marked by the presence of several big and small players. Some of the prominent players offering diagnostic specialty enzyme include F. Hoffmann-La Roche, Novozymes, Codexis, Amano Enzyme, Advanced Enzyme Technologies, Affymetrix, DuPont, BASF, Life technologies, and Sanofi.
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