According to Grand View Research, Inc., the worldwide protein detection and quantification market is set to value nearly USD 3.0 billion by 2025. Protein detection and quantification is an important process to understand post-translational changes in protein samples, which help in understanding key functions of complex peptide networks. It is essential for the development of protein-based therapeutics and growth factors. Quantitative estimation of the protein is applicable in drug discovery and development, clinical diagnosis of acute and chronic diseases conditions, environmental and agricultural applications, and food and animal feed testing.
In September 2017, AYOXXA Biosystems GmbH launched its advanced protein analysis system called “LUNARIS” system. This system can be easily integrated into any laboratory routines. It is built within innovative bead technology for analysis of scalable multiplex protein. This system also contains an automated analysis software, a reader, and multiplex protein assay kits, which can be used for detection and quantization of immune response makers and soluble inflammation.
Additionally, to improve the quality of data, planar beads-on-a-chip format is integrated with the system’s image-based readout. The readout can capture all beads, which helps achieve a better coefficient of variation. The LUNARIS system is extremely effective in assay prototyping for multiplex immunoassays. It can be utilized for other assay formats in a similar modular plate-based format, including several types of binding or capture assays such as protein-protein, DNA-protein, and antibody-antigen.
Increasing need for protein quantification in laboratories for protein characterization, drug dosing, and clinical diagnostic testing can propel the protein detection and quantification market during the forecast period (2014 to 2025). Increasing government funding for research activities and proteomics industries is also expected to have a positive impact on the market. However, high cost of technology and assays is predicted to restrict the growth of the market.
Clinical diagnosis is estimated to register the fastest growth in future due to increasing adoption of these methods in recent years. In 2016, North America held the largest revenue share due to existence of major companies and presence of established infrastructure. Asia Pacific is expected to be the fastest growing region due to improving healthcare infrastructure.
Prominent players operating in the market include RayBiotech, Inc.; PerkinElmer Inc.; Bio-Rad Laboratories, Inc.; Danaher; and Shimadzu Corporation.
In-Depth Research Report On Protein Detection & Quantification Market:
https://www.grandviewresearch.com/industry-analysis/protein-detection-quantification-market
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