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Future of Western Blotting Market: Need to Know Emerging Trends, Key Insights and Future Scope by 2027

07-18-2019 06:55 PM CET | Health & Medicine

Press release from: The Insight Partners

Western Blotting Market

Western Blotting Market

The market for western blotting is expected to grow significantly due to driving factors such as application in the field of proteomic research, rising prevalence of Lyme and HIV, and increasing investment in R&D by pharmaceutical and biotechnology companies. However, the factor such as alternative technologies for protein detection is likely to act as major restraining factor for the growth of the market.

The Global Western Blotting Market is expected to reach US$ 992.55 Mn in 2027 from US$ 638.82 Mn in 2018. The market is estimated to grow with a CAGR of 5.2% from 2019-2027. The report highlights the trends prevalent in the global western blotting market and the factors driving the market along with those that act as challenges to its growth.

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The Prominent key players operating in the western blotting market include, Thermo Fisher Scientific Inc., Merck KGaA, GENERAL ELECTRIC, Cell Signaling Technology, Inc., PerkinElmer, Inc., Bio-Rad Laboratories, Inc., LI-COR, Inc., OriGene Technologies, Inc., Rockland Immunochemicals Inc., and Abcam plc among the others.

What the report features:-

- Global analysis of Western Blotting market from 2019 – 2027 illustrating the progression of the market.

- Forecast and analysis of Western Blotting market by Dosage, Route of Administration and Application from 2019 – 2027

- Forecast and analysis of Western Blotting market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

Western blot is the major analytical tool to assess the molecular function in basic cell biology research, drug discovery and pathology. There have been significant improvement in the technical aspect of western blot which has led to improvement in efficiency, reproducibility, ease of use. For example, iBind Western Systems launched by ThermoFisher Scientific Corporation which is and automated western blot device which does not require continuous monitoring. Further the turnaround time is reduced compared to traditional method where it involves the various steps and four hours for final results. In iBind all the solution is required to be loaded rest all process is automated by sequential lateral flow technology (SLF) which does not require any electricity or batteries. The significant advantage provided by automated western blot system will contribute in the growth of the western blot market.

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Asia Pacific is the fastest growing geographic market and it is expected to be the fastest revenue contributor throughout the forecast period. The market in the Asia Pacific is driven by the key factors such as rise in biotechnologies industry across the nations such as China, Japan, India and South Korea. The increasing investments in the sector is likely to encourage the growth of the market during the forecast period. In addition, the market is also expected to grow due to support of government that have initiated programs to increasing the professionals. The collaboration of the countries such China and Japan with the foreign entities are expected to grow the market during the forecast period.

Global Western Blotting Market – By Product

• Instruments
- Imagers
- Gel Electrophoresis Instruments
- Blotting Systems

• Consumables
- Kits
- Reagents
- Others

Global Western Blotting Market – By Application

- Biomedical & Biochemical Research
- Agricultures
- Others

Global Western Blotting Market – By End User

- Biotechnological & Pharmaceutical Companies
- Diagnostic Laboratories
- Academic & Research Institutes
- Others

Strategic Insights

Organic and inorganic growth strategies were observed among which organic strategy was the most adopted strategy in global western blotting industry. For instance, in June, 2019. Thermo Fisher Scientific Inc. launched iBright 1500 Imaging System Series that includes two models, the Invitrogen iBright FL1500 imaging system and the Invitrogen iBright CL1500 imaging system for life science researchers. Thus, various product launch in the market are likely to influence the market growth during forecast period.

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Reasons to Buy the Report:

- Learn about the driving factors, affecting the market growth.

- Imbibe the advancements and progress in the market during the forecast period.

- Understand where the market opportunities lies.

- Compare and evaluate various options affecting the market.

- Pick up on the leading market players within the market.

- Envision the restrictions and restrains that are likely to hamper the market.

Contact Us:
Call: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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