Rising healthcare expenditure coupled with the increasing research and developments by companies for reducing the complexities in protein labeling are key factors contributing to high CAGR of Protein Labeling market during the forecast period.
Market Size – USD 1396.6 Million in 2018, Market Growth – CAGR of 11.8%, Market Trends – Product launches and research for advanced Protein Labeling
According to the current analysis of Reports and Data, the global Protein Labelling market was valued at USD 1396.6 Million in 2018 and is expected to reach USD 3544.9 Million by the year 2026, at a CAGR of 11.8%. Use of molecular labels in research is very common for purification detection of the labeled proteins and their binding partners. Proteins are also labeled during cell growth by incorporating amino acids containing different isotopes. Protein labeling finds application in biological processes monitoring, in the quantification of compounds, and for specific detection of protein modifications and enhancement of detection sensitivity and simplification of detection workflows. For these various types of labels are used, and are specific for each application. The three commonly used tags attach to the protein sequence are stable isotopes, mass tags, and fluorophores. Increase in the healthcare expenditure along with the increasing research and development expenditure, are driving the growth of the market. The companies are focusing on reducing the complexities in the protein labeling process by improving the existing technologies. The indsutry is witnessing rise in the new product launches and growing adoption of bioengineering technologies in a bid to ramp up the market growth. Development of the technology to produce advanced dyes that rapidly conjugates with the specific peptides or nucleotidein order to detect their presence and further purification process more accurately is expected to make the process more efficient and will have positive impact on the market.
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The rapid adoption of AI, ML, and IoT and robust data management processes has made the hospitals and clinical settings smarter. New technologies and solutions have improved the normal medical processes such as clinical diagnosis, treatment, diseases management, and monitoring patient recovery after discharge. Rapid digitalization and increasing adoption of virtual care and telemedicine is further expected to positively impact the revenue growth of the market going ahead.
Emergence of new healthcare and telemedicine startups, increasing number of collaborations among healthcare facilities and research institutions, and rising focus on patient engagement solutions has further fueled revenue growth of the market. Key companies are forming strategic alliances and collaborative ventures such as mergers and acquisitions, joint ventures, partnerships, manufacturing and licensing agreements, and product launches among others.
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Leading Players Analyzed in the Report:
Thermo Fisher Scientific, Merck KGaA, PerkinElmer, General Electric company, F. Hoffmann-La Roche and New England Biolabs among others
Furthermore, to offer a better understanding of the competitive landscape, an extensive SWOT analysis and Porter’s Five Forces analysis are included in the report. Along with this, feasibility analysis and investment return analysis are also covered in the report.
The report further discusses in detail the regional spread of the global Protein Labeling market along with analysis of production and consumption patterns, import/export analysis, supply and demand ratio, market share and size based on volume and value, trends and demands, revenue share, and presence of the key players of the market.
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Key Regions Studied in the Report:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Product (Revenue, USD Million; 2016–2026)
- Monoclonal antibodies
- Other reagents
Application (Revenue, USD Million; 2016–2026)
- Cell based-assay
- Fluorescence microscopy
- Immunological techniques
- Mass spectrometry
- Protein micro assay
Method (Revenue, USD Million; 2016–2026)
- In vitro
- Enzymatic labeling
- Dye based labeling
- Co translational labeling
- Site specific labeling
- Nano particle labeling
- In vivo
- Photo reactive
- Bioorthogonal Labeling
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