Protein Assay Market: Soaring Demand Assures Motivated Revenue Share During 2017-2025

Growth Prospects and Emerging Trends

Protein Assay Market: Soaring Demand Assures Motivated Revenue Share During 2017-2025

Press Release


Protein Assay is an analytical technique used for measuring the concentration of protein in a solution. Protein assays are one of the most extensively used procedures in life science studies. Although a wide range of protein assays are available in analytical science, each type of assay is unique in its own way and has its own merits and limitations, and hence a protein assay should be selected considering their suitability for the application.  The various protein assay available in the market differ based on methodology, specificity, sensitivity, quantity, and reproducibility. Valuation of protein concentration is a very necessary step in protein purification, molecular biology, cell biology, electrophoresis and other research applications.  

The protein assay market is anticipated to witness strong growth during the forecast period owing to growing pharmaceutical & biotechnology R&D and increase emphasis on proteomics research. The global protein assay market can be segmented based on type, product, technology, application, end user, and region. On the basis of type, the protein assays market can be segmented into dye binding protein assays (Bradford), copper ions based protein assays (Lowry), test strip based protein assay, and others. The dye binding protein assay is color-based assay in which the binding of protein molecules to the dye results in color shifts. The change in color density is proportional to protein concentration. On the basis of products the market can be segmented into reagents, kits, and instruments. On the basis of technology, the market is segmented into colorimetric protein assays, absorbance-based protein assays, and fluorescence-based protein assays. Based on application, the protein assays market is segmented into drug discovery & development, protein purification, disease diagnosis, and others. On the basis of end-users, the protein assay market can be segmented into pharmaceutical industry, biotechnology companies, hospitals, clinical laboratories, and academic research institutes.

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The protein assay market is also expected to generate high demand due to the numerous applications it has in various stages of pre-clinical, clinical trial and later stages of drug development. Geographically, the protein assay market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is projected to hold the largest share of the global protein assay market due to presence of superior research and development base, strong regional economics, and greater emphasis on disease prevention and wellness by governments. The protein assay market in Europe is expected to witness rapid growth driven by high investment in various private and government funded research and development programs in the region and increased spending on pharmaceutical and biotechnology industry development. The steep rise in the demand for better and cost-effective methods for drug discovery and clinical trials, increased knowledge of pharmacogenomics and pharmacokinetics of drugs is inclining the clinicians towards protein assay market. Countries such as China, Japan, and India in Asia Pacific are also poised to be promising markets for protein assay market in the near future. Major factors for the positive outlook are extensive development of health care infrastructure and growing emphasis on research and development in the health care sector. However, low research and development (R&D) yields, high infrastructure cost, stringent regulatory framework, and lack of trained resources are some of the restraints of the protein assay market.

Key players in the global Protein Assay Market include Thermo Fisher Scientific, Bio-Rad Laboratories, Inc., Merck KGaA, Abcam plc, General Electric Company, Cell Signaling Technology, Inc., and PerkinElmer Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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