The protein assays market accounted to USD 1.32 billion in 2016 growing at a CAGR of 11.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Protein Assays Market,, By Technology(Colorimetric, Fluorescence), By Product (Reagent, Kit, Instruments),By Type (Dye Binding, Test Strip), By Application (Drug Discovery, Disease Diagnosis), By End-Users (Pharmaceutical, Clinical Lab), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa)- Industry Trends and Forecast to 2024
Protein assays are used for quantification of protein in life science research. These are are widely used in diagnosis of diseases such as cancer, and HIV and makes early diagnosis possible reducing the morbidity and mortality of the disease.
Major Market Drivers and Restraints:
- Increasing incidence of cancers
- Increasing pharmaceutical & biotech R&D expenditure
- Government Initiatives or funding
- Technological advancements in protein assay techniques.
- Stringent regulations and adverse drug reactions of anticonvulsants.
- Unapproved bipolar drugs
By Technology the market for protein assays is segmented into Colorimetric, Fluorescence.
By product type the protein assays market is segmented into Reagent, Kit, Instruments.
On the basis of application the market is segmented into Drug Discovery, Disease Diagnosis. On the basis of end-users the protein assays market is segmented into Pharmaceutical, Clinical Lab.
Based on geography, the market is segmented into five geographical regions:
- North America
- South America
Middle East and Africa(MEA The Global Protein Assays Market,is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Some of the major players operating in protein as says market are
- Thermo Fisher Scientific
- Bio-Rad Laboratories, Inc
- Novus Biologicals, LLC
- Merck KGaA,BiovisionInc
- Cell Signaling Technology, Inc
- General Electric Company
- Abcam plc
- General Electric Company
- PerkinElmer Inc
- PBL assay science
- QIAGEN N.V., and Novus Biologicals, LLC
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models.
market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call drop down your inquiry.
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