Press release
Latin America Proteins Assays Market by Product Type and Size | Industry Report 2016-2021
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Protein quantification is a vital step of dairy workflow of protein extraction in biochemistry and molecular biology that includes protein extraction, analysis or labelling. Quantification of proteins is significant for any sample before isolation, while separation and analysis by electrophoresis or chromatography or any other techniques. There are various methods to estimate the concentration of protein like Bradford, Lowry, BCA and UV spectroscopic Protein assays.
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Factors accountable for driving the market are rapid technological advancements in protein assay techniques, increase in government funding and initiatives, increasing incidence rate of chronic diseases like cardiovascular, neurological and other infectious diseases, increasing expenditure on pharmaceutical and biological R&D. Nevertheless, stringent regulatory framework, adverse drug reactions of anticonvulsants and unapproved bipolar drugs may slow down the growth of market.
Market Segmentation
Product
• Reagents
• Kits
• Instruments and Services
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
Type
• Dye-Binding Assays
• Copper-Ion-Based Assays
• Test Strip-Based Assays
• Other Protein Assays
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type
Technology
• Absorbance-Based Protein Assays
• Colorimetric Protein Assays
• Fluorescence-Based Protein Assays
• Y-o-Y Growth Analysis, By Technology
• Market Attractiveness Analysis, By Technology
• Market Share Analysis, By Technology
Application
• Drug Discovery & Development
• Disease Diagnosis
• Other Applications
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application
End User
• Academic and Research Institutes
• Pharmaceutical & Biotechnology Companies
• Hospitals
• Clinical Laboratories
• Other End Users
• Y-o-Y Growth Analysis, By End User
• Market Attractiveness Analysis, By End User
• Market Share Analysis, By End User
Based on Geographical analysis the market is separated into regions of Brazil, Argentina, Mexico and Rest of Latin America. Brazil is leading the market while Argentina is at second place. Growth in Pharmaceutical and biotechnological industries, strong trend of R&D in life sciences industry, increasing private-public partnership for drug development has helped these regions dominate the market. Argentina is expected to grow the fastest due to increasing research funding, growing proteomics and genomics techniques and rising adoption of advanced Proteins Assays techniques. Dye binding proteins assays segment holds the major share in the market based on type, due to increasing usage of dye-binding assays in disease diagnosis.
Absorbance-based proteins assays held major share in the market based on technology due to increasing sensitivity and accuracy of this technology.
Some of the key players dominating this market include Abcam PLC., Bio-Rad Laboratories Inc., Biovision Inc., Cell Signaling Technology Inc, GE Healthcare, PerkinElmer Inc., Thermo Fisher Scientific, Geno Technology Inc., Lonza Group, Merck KGaA, Novus Biologicals, LLC.
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