(PRWEB) February 16, 2015 Molecular weight markers are widely used in life science research. Increased research and development spending by biotechnology companies, government and private sector funding for research and growing partnership between academic, biotechnology & pharmaceutical companies for molecular research will drive the growth of the this market. The global molecular weight markers market was estimated at a value $265.36 million in 2014. This market is expected to grow at a CAGR of 12.23 % between 2014 and 2019 to reach $472.47 million in 2019. Get Full Report @ http://www.marketsandmarkets.com/Market-Reports/molecular-weight-marker-market-117734545.html The R&D expenditure and number of biotechnology patents are important indicators for this market. Increased research and development spending by pharmaceutical and biotechnology companies aided by increasing public sector funding for basic research which has a strong upward trend worldwide is expected to drive the molecular weight markers market. According to World Bank, North America accounted for 37.74% of the global R&D spending in 2010. The R&D spending in Asia increased from $158.94 billion in 2001 to $329.31 billion in 2010, at a CAGR of 8.43%. In 2010 Asia accounted for 27.13% of the global R&D spending and is expected to grow at a fastest rate in coming years. … Continue reading →