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.
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.
In depth research report on Protein Labeling Market
Further key findings from the report 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).
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
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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, the company offers market
intelligence studies ensuring relevant and fact-based research across a range
of industries including technology, chemicals, materials, healthcare and
energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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