India is on the fast track of achieving bigger economy in the near future. With the ever-growing Indian population, the need for welfare products is rising. The research and development in the biotechnology sector ensure India to meet the needs in areas of food, agriculture, biopharma, diagnostics, personal care, environment and animal husbandry. The ever-growing need for products & technology is mounting pressure on researchers to explore more and better thus the participation of research organisations & life scientists has considerably increased in number. To meet the lab needs for supplying research use products, a favourable environment has been developed by business cooperation of private and government organizations of which foreign and domestic suppliers have gained better.
In India, the market in every sector is blooming significantly. Life sciences lab supplies sector is gaining better in the trend. World over Indian Life sciences market is looked upon as a spoon full of honey. Even though the market size is huge it has diversity too. The suppliers compete to meet the need for research and development (R&D) labs in government and private sector. The sector includes core research institutes, universities, colleges, biomedical research centres, & research & development (R&D) divisions of the biopharma industry. The foreign supplier companies dominate the market in the section of advance technology-based research products for R&D.
Biotechnology research comprises diversity as to the ideas and availability of resources. All life science research projects require quality products which may be broadly categorised as Reagents & Kits, Chemicals, Lab research Instruments and Consumables. The multilevel categorisation of the research products is possible on the basis of their applications. Related to a very specific area of research the most popular and frequently used products could be categorised as follows:
Assay kits could be applied to all area of life science research as they offer standardised, validated & easy procedures to determine or evaluate the study analyte. The most frequently used assay kits include:
Biochemicals or bioreagents
Purification Kits
Fine chemicals
Reagents and buffers
Cell and Tissue Culture Media & Supplements
Plastic consumables