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Molecular Weight Marker Global Market Report 2024 - By Size, Share, Growth, Industry Report, Outlook By 2033
Molecular Weight Marker Market
As per the report, the molecular weight marker market size has grown rapidly in recent years. It will grow from $0.69 billion in 2023 to $0.78 billion in 2024 at a compound annual growth rate (CAGR) of 12.0%. The molecular weight marker market size is expected to see rapid growth in the next few years. It will grow to $1.24 billion in 2028 at a compound annual growth rate (CAGR) of 12.3%.
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Increasing Demand For Personalized Medicine To Drive The Molecular Weight Marker Market
The growing adoption of personalized medicine is expected to propel the growth of the molecular weight marker market going forward. Personalized medicine refers to a medical care philosophy that aims to tailor medicines and interventions to the particular requirements of each patient. The adoption of personalized medicine is due to the rapid growth of omics technology, data integration, genetics, and an awareness of the significance of tailored patient-specific medications and preventive actions. Molecular weight markers offer a powerful platform for advancing personalized medicine by enabling comprehensive proteomic analysis, facilitating biomarker discovery, improving drug development and response understanding, and supporting the creation of personalized therapeutic strategies. For instance, in February 2024, according to the Personalized Medicine Coalition, a US-based non-profit organization, the FDA approved 16 novel personalized therapies for patients with rare diseases in 2023, compared to six in 2022. Therefore, the growing adoption of personalized medicine will drive the growth of the molecular weight marker market.
Roche Launches PRAME (EPR20330) Antibody To Identify PRAME Protein Expression In Patients Suspected Of Having Melanoma
Major companies operating in the molecular weight markers market are focused on developing innovative products, such as monoclonal primary antibodies, to sustain their position in the market. A monoclonal primary antibody refers to an antibody that is derived from a single clone of cells, all producing antibodies that bind to the same epitope (specific region) on an antigen (target molecule). For instance, in October 2022, F. Hoffmann-La Roche AG, a Switzerland-based pharmaceutical company, launched the PRAME (EPR20330) antibody to detect the expression of PRAME protein in patients suspected of having melanoma. This innovative antibody is specifically designed to identify PRAME protein expression in patients, which is crucial for diagnosing and monitoring melanoma, a potentially deadly form of skin cancer. This advancement enhances diagnostic precision and opens doors to more personalized treatment strategies, ultimately improving patient care and outcomes in melanoma management.
The molecular weight marker market covered in this report is segmented -
1) By Product: DNA Markers, Protein Markers, RNA Markers
2) By Marker Type: Prestained Markers, Unstained Markers, Specialty Markers
3) By Application: Nucleic Acid Application, Proteomics Application
3) By End User: Academic Research Institutes, Pharmaceutical And Biotechnology Companies, Contract Research Organizations, Other End-Users
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Major companies operating in the molecular weight marker market are Thermo Fisher Scientific Inc., Roche Holding AG, Merck KGaA, Avantor, Agilent Technologies Inc., Lonza Group AG, Sigma-Aldrich, PerkinElmer, Bio-Rad Laboratories, QIAGEN N.V, Bio-Techne, VIAVI Solutions Inc., Thorlabs Inc., Promega Corporation, Takara Bio, New England Biolabs, BBI Solutions, Avantes BV, SERVA Electrophoresis, Enzo Life Sciences, Carl Zeiss AG, Raptor Photonics, Magritek Ltd
Contents of the report:
1. Executive Summary
2. Molecular Weight Marker Market Report Structure
3. Molecular Weight Marker Market Trends And Strategies
4. Molecular Weight Marker Market - Macro Economic Scenario
5. Molecular Weight Marker Market Size And Growth
…..
27. Molecular Weight Marker Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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