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Global Protein Assay Market is Expected to Witness Considerable Growth During the Forecast Period, 2017–2023: Industry Outlook Report

04-17-2018 06:06 AM CET | Health & Medicine

Press release from: P&S Market Research - Biotechnology

Global Protein Assay Market is Expected to Witness Considerable

Protein assays are utilized in life science research to detect the presence of protein in a sample. Estimation of protein fixation is important for protein cleaning, electrophoresis, cell science, atomic science, and research applications. Although there are a wide variety of protein assays available, none of the assays can be used without first considering their suitability for an application. Each assay has its own advantages and limitations and often it is necessary to obtain more than one type of assay for various research applications. The global protein assay market is expected to witness considerable growth during the forecast period (2017 – 2023), mainly due to the increasing investment by pharma and biotech companies in research and development (R&D), as well as funding by governments of various countries for proteomics research.

The global protein assay market is segmented on the basis of product, type, technology, application, end user and geography. Based on product, the global market is segmented into reagents, kits, and instruments and accessories. The reagents are expected to contribute the largest share in the global protein assay market.

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North America was the largest market for protein assay in 2016, followed by Europe and Asia-Pacific. Asia-Pacific is expected to witness the highest growth during the forecast period. The growth in protein assay market in developing economies such as China, India, and Japan is primarily due to the increasing R&D expenditure in life science, and increase in the funding by various government and private organizations for proteomics research.

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Some of the other key players operating in the global market are ThermoFisher Scientific, Inc., PerkinElmer, Inc., Bio-Rad Laboratories, Inc., Promega Corporation, GE Healthcare, Merck KGaA, Cell Signalling Technology, Inc., Abcam PLC, Lonza Group, BioVision Inc., Bio-Techne Corporation (Novus Biologicals) and G-Biosciences Inc.

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As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

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