Boosting Demand Of Protein Labeling Market Due To Increase In R&D Spending Pertaining To Proteomic Research Till 2024
Global protein labeling market is anticipated to
reach USD 2,602.0 million by 2024, according to a new report by Grand View
Research, Inc.Growing adoption of bioengineering technologies and rise in
spending on R&D leading to a reduction in process complexity for protein
labeling is expected to drive market growth.
Anticipatedlaunch
& commercialization of novel products and ongoing improvement in techniques
used for proteomic research is expected to further reinforce growth in demand.
Improvements in accuracy, resolution and procedures used in techniques such as
fluorescence&biorthogonaltagging are estimated to grow over the forecast
period.
U.S. Protein Labeling Market, By Application, 2013-2024 (USD Million) |
Ongoing
development of genetic sequencing methodologies and consequent reduction in the
cost of genome profiling is likely to drive demand for the next step of genetic
analysis, i.e., protein expression analysis. Growth in a number of such protein
profiling studies is expected to directly fuel demand for genomic and proteomic
labeling techniques through to 2024.
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research report on Protein Labeling Market: www.grandviewresearch.com/industry-analysis/protein-labeling-market
Further
Key findings from the study suggest:
- The reagents used for protein labeling
accounted for the largest share of revenue in 2015. The larger share can
be accounted for by the presence of high demand for labeling of peptides,
antibodies and proteins at reaction locations of functional amino acids,
and development of novel reagents that have chemo selective capabilities
& amino acid cross linking abilities.
- Application of protein labeling in
immunological techniques was observed to be responsible for generation of
the largest share of revenue in 2015. Addition of nanoparticle-based
tagging owing to ongoing R&D in emerged with the advent of
nanoparticles and nanotechnology. Furthermore, aptamers-mediated
nanoparticle-based peptide labeling method is gaining rapid acceptance for
use in intracellular imaging and dynamic process tracking.
- Dye-based or fluorescence-based protein
labeling have been observed to demonstrate high market adoption owing to
associated usage in assays like ELISA, western blotting. Ongoing increase
in the number of genetics-based R&D projects are also expected to
boost market demand.
- On the basis of the experimental design, the
market can be broadly categorized as in-vitro and in-vivo methodologies. A
more minute analysis reveals that a further segment wise classification is
also possible. Key segments from the sub-categorization are enzymatic
&photo reactive tagging for the segments respectively. As enzymatic
marking provides more flexibility of and has application in identification
for a number of peptide profiling requirements, the segment is expected to
witness lucrative growth over the forecast period.
- North America accounted for over 45%of total
revenue generated for 2015 owing to the presence of a very large installed
base of genetic and proteomic profiling platforms across the U.S. High
market usage of peptide identification techniques to be used in sequencing
and expression analysis projects in a number of academic and clinical
research institutes is another key factor responsible for the region’s
large share.
- Key players operating in this industry include
Thermo Fisher Scientific Inc., General Electric Healthcare Life Science,
PerkinElmer Inc, Merck Millipore, Promega Corporation, LI-COR Inc., F.
Hoffmann-La Roche AG, New England Biolabs, Eurogentec S.A., Kirkegaard
& Perry Laboratories (KPL).
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reports of this category by Grand View Research: www.grandviewresearch.com/industry/biotechnology
Grand View Research has segmented the global protein labeling market on
the basis of product, application, method and region:
Global
Protein Labeling Outlook, by Product (Revenue, USD Million, 2013 - 2024)
- Reagents
- Protein
- Enzymes
- Probes/
tags
- Monoclonal
antibodies
- Other
reagents
- Kits
- Services
Global
Protein Labeling Outlook, by Application (Revenue, USD Million, 2013 - 2024)
- Cell
based-assay
- Fluorescence
microscopy
- Immunological
techniques
- Mass
spectrometry
- Protein
micro assay
Global
Protein Labeling Outlook, by Labeling Method (Revenue, USD Million, 2013 -
2024)
- In vitro
- Enzymatic
labeling
- Dye
based labeling
- Co
translational labeling
- Site
specific labeling
- Nano
particle labeling
- In vivo
- Photo
reactive labeling
- Radioactive
labeling
Protein
Labeling Regional Outlook (Revenue, USD Million, 2013 - 2024)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- China
- Japan
- Latin
America
- Brazil
- MEA
- South
Africa
Access
Press Release By Grand View Research: www.grandviewresearch.com/press-release/global-protein-labeling-market
About Grand
View Research:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research reports, customized research
reports, and consulting services. To help clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
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