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Western Blotting Market Growth to be Driven by Rise in Biotechnologies Industry across the Nations such as China, Japan, India and South Korea

07-19-2019 11:48 AM CET | Science & Education

Press release from: The Insight Partners

Western Blotting Market to 2027

Western Blotting Market to 2027

According to a new market research study titled ‘Western Blotting Market to 2027 – Global Analysis and Forecasts by Product, Application, End User and Geography. 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.

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.

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Rising Prevalence of Lyme and HIV
Western blot delivers both confirmatory results in the field of research and diagnostic testing. Lyme is the tick-borne disease in the region of North America. According to study published in 2018, by Carnegie Mellon University sates that Lyme disease is expected to rise in United States. Reason for rise in Lyme disease is the climate change. Various studies have shown western blot IgM has 94-96% of specificity towards the patient with clinical symptom of Lyme disease. Western blot is used in the confirmatory test for HIV followed by ELISA test. Western blot was specifically gold standard for the diagnosis of HIV-1 infection. According to data published on the site of in 2016, approximately 38,700 people were newly infected by HIV. Therefore, owing to the above mentioned factors it is expected that the market is likely to grow during the forecast period.

Automation in Western Blot Technique
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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By Product
• Instruments
o Imagers
o Gel Electrophoresis Instruments
o Blotting Systems
• Consumables
o Kits
o Reagents
o Others

By Application
• Biomedical & Biochemical Research
• Agricultures
• Others

By End User
• Biotechnological & Pharmaceutical Companies
• Diagnostic Laboratories
• Academic & Research Institutes
• Others

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o France
o Germany
o UK
o Spain
o Italy
• Asia Pacific (APAC)
o China
o India
o Japan
o Australia
o South Korea
• Middle East & Africa (MEA)
o Saudi Arabia
o South Africa
• South America (SAM)
o Brazil
o Argentina

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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.

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