Horseradish Peroxidase Market – Global Industry Analysis, Technological Innovations, Trends, Growth Opportunities and Demand Forecast

SDKI Inc. published a new research report on "Horseradish Peroxidase Market-Global Forecast 2022-2031". The report provides a complete assessment of the market and its growth prospects, along with new business opportunities in the industry. It also includes market size and annual growth during the 2022-2031 forecast period.

Report sample URL
https://www.sdki.jp/sample-request-111324

The horseradish peroxidase market is estimated to reach a market value of approximately US $ 56 million by 2021 from a market value of approximately US $ 56 million in 2022 and will grow at a CAGR of 7% during the 2022-2031 forecast period. It is expected.

Horseradish peroxidase catalyzes the conversion of chromogenic or chemiluminescent substrates, and is a photometric assay. It is an enzyme that detects targets such as proteins, carbohydrates, and nucleic acids. Increased R & D activity by biopharmaceutical companies and a surge in the use of enzymes as biocatalysts are key factors driving the growth of the horseradish peroxidase market during the forecast period. Research institutes in the public sector and the pharmaceutical and biotechnology industries are investing in research and development of new drugs to address the increasing incidence of rare and chronic diseases. The US biopharmacy industry invested an estimated US $ 102 billion in R & D in 2018. This is expected to drive the growth of the horseradish peroxidase market.

In general, for medical diagnostics, it is important to have a stable and robust biopharmaceutical system that uses enzymes that do not change the glycosylation pattern to ensure reliable and reproducible results. Therefore, horseradish peroxidase has become an important element of biopharmacy research. This factor has contributed significantly to the growth of the horseradish peroxidase market during the forecast period. In addition, horseradish peroxidase has evolved as a biocatalyst in studies submitted due to its chemistry. Therefore, it is widely used for research on various pharmaceuticals and other fine chemical products.

However, the drawbacks of horseradish peroxidase may curb the growth of the horseradish peroxidase market during the forecast period.

Report sample URL
https://www.sdki.jp/sample-request-111324

Horseradish peroxidase market segment

The horseradish peroxidase market is classified by substrate (ABTS, OPD, TMB, etc.), application (immunoassay and biosensor), grade (grade I, grade II, grade III), end user (biopharmacy company, academic research). Centers, etc.), and divided by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Regional Overview of the Horseradish Peroxidase Market

In addition, the report covers all regions of the world, divided into North America, Europe, Asia Pacific, Latin America, the Middle East / Africa and more. North America has the largest market share in the global horseradish peroxidase market. Increased R & D and the presence of key players in the region are key drivers of the growth of the horseradish peroxidase market in the region. To address the increased incidence of rare chronic diseases, public sector research institutes and the pharmaceutical and biotechnology industries are investing in the research and development of new OPDs (o-phenylenediamine dihydrochloride). This also contributed to the growth of the horseradish peroxidase market in the region during the forecast period.

For further analysis, each region is further subdivided into countries:

· Asia Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Singapore, and other Asia Pacific)

· North America (US and Canada)

· Middle East and Africa (Israel, GCC [Saudi Arabia, United Arab Emirates, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Other Middle East and Africa)

· Latin America (Brazil, Mexico, Argentina, Other Latin America ) )

· Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands, Luxemburg, NORDIC, Poland, Turkey, Russia, and other Europe)

Leading players in the Western Wasabi Peroxidase market

Leading players in the Western Wasabi Peroxidase market Key players include Abcam plc, Thermo Fisher Scientific, Inc., Bio-Rad Laboratories, Merck KGaA, BBI Solutions, Takara Bio Company, Promega Corporation, Faizyme Laboratories, F. Hoffmann-La Roche Ltd. The study includes a detailed competitive analysis of these major companies in the horseradish peroxidase market, corporate profiles, recent developments, and key market strategies.

Details of the research report
https://www.sdki.jp/press-details/horseradish-peroxidase-market/673

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This release was published on openPR.