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 i...