Protein Detection & Quantification Market Size to Reach US$ 4.4 Billion by 2028 | IMARC Group

According to the latest report by IMARC Group, titled "Protein Detection & Quantification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," The global protein detection & quantification market size reached US$ 2.5 Billion in 2022. Looking forward, the market expected to reach US$ 4.4 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.

Protein detection and quantification represents a method that is generally utilized by scientific experts to determine the total protein content and its characteristics. It helps in developing a comparison between two distinctive protein samples, measuring enzyme kinetics, verifying the success of the lysis step, etc. In line with this, some of the commonly utilized techniques for protein detection and quantification include mass spectrometry, enzyme-linked immunosorbent assay (ELISA), western blot analysis, nanoparticles, nanopore-based methods, etc. Consequently, it is extensively used in academic institutions and biotechnology and pharmaceutical companies for clinical diagnosis and research studies across the globe.

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Global Protein Detection & Quantification Market Trends and Drivers:

The expanding pharmaceuticals industry and numerous technological advancements in biotechnology are primarily driving the protein detection and quantification market. Additionally, the widespread adoption of infrared spectroscopy and immunoassay techniques that aid experts in attaining accurate results and the growing investments in the field of proteomics are further catalyzing the market growth. Besides this, the rising prevalence of chronic illnesses is propelling the need for chronic diseases at a molecular level to develop therapeutic treatment procedures, which is acting as another significant growth-inducing factor. Moreover, continuous improvements in the genomics industry and the increasing number of research laboratories and clinical trials are positively influencing the global market. Apart from this, the escalating demand for protein detection and quantification methods, on account of the sudden outbreak of the COVID-19 pandemic, is also stimulating the market growth. Furthermore, the introduction of advanced test kits and systems for laboratory analyses is anticipated to fuel the protein detection and quantification market over the forecasted period.

Protein Detection & Quantification Market 2023-2028 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Agilent Technologies Inc.
Bio-Rad Laboratories Inc.
Danaher Corporation
General Electric Company
Inanovate Inc.
Merck KgaA
PerkinElmer Inc.
RayBiotech Life Inc.
Shimadzu Corporation
Thermo Fisher Scientific Inc.

The report has segmented the market on the basis on region, product type, technology, application, end user.

Breakup by Product Type:
Kits and Reagents/Consumables
Instruments
Services

Breakup by Technology:
Colorimetric Assays
Immunological Methods
Chromatography
Mass Spectrometry
Spectroscopy Instruments
Others

Breakup by Application:
Drug Discovery and Development
Clinical Diagnosis
Others

Breakup by End User:
Academic Research Institutes
Biotechnology and Pharmaceutical Companies
Contract Research Organization
Others

Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa

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Key highlights of the report:

Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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