The global protein detection & quantification market reached a value of US$ 2.25 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 4.05 Billion by 2027 exhibiting a CAGR of 9.60% during 2022-2027.
Protein detection and quantification represent the techniques that are adopted by scientific experts to determine the characteristics of a protein and its total protein content. Some widely utilized protein detection and quantification methods include Enzyme-Linked Immunosorbent Assay (ELISA), western blot analysis, nanoparticles and nanopore-based procedures, mass spectrometry, etc. These techniques assist in comparing two distinctive protein samples, verifying the success of the lysis step, measuring enzyme kinetics, etc. Consequently, protein detection and quantification are widely adopted across academic institutions, research organizations, biotechnology firms, etc., for research studies and clinical diagnosis.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Global Protein Detection & Quantification Market Trends:
The expanding pharmaceutical industry and numerous technological advancements in biotechnology are among the primary factors driving the protein detection & quantification market. Besides this, the growing adoption of immunoassay techniques and infrared spectroscopy, which help experts attain accurate results, is further propelling the market growth. Moreover, the rising investments into research and development (R&D) activities in the field of proteomics are acting as significant growth-inducing factors. In addition to this, the elevating incidences of several chronic illnesses, such as cancer, are catalyzing the need to diagnose diseases at a molecular level to develop effective treatments. This, in turn, is also augmenting the global market. Furthermore, the escalating innovations in the genomics sector and the continuous upgradation of existing healthcare infrastructures are expected to fuel the protein detection & quantification market over the forecasted period.
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Global Protein Detection & Quantification Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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The report has segmented the market on the basis on region, product type, technology, application, end user.
Breakup by Product Type:
- Kits and Reagents/Consumables
Breakup by Technology:
- Colorimetric Assays
- Immunological Methods
- Mass Spectrometry
- Spectroscopy Instruments
Breakup by Application:
- Drug Discovery and Development
- Clinical Diagnosis
Breakup by End User:
- Academic Research Institutes
- Biotechnology and Pharmaceutical Companies
- Contract Research Organization
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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