Western Blotting Market Revenue, Opportunity, Forecast 2018 – 2023
Western Blotting Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)
(EMAILWIRE.COM, November 03, 2018 ) Global Western Blotting Market Overview:
The western blot is a widely used technique in molecular biology, immunogenetics, and other molecular biology fields to recognize specific proteins in a sample of tissue homogenate or extract. Synthetic or animal-derived antibodies are created to react with the specific target protein. The sample to be tested is prepared and put together with these antibodies on a membrane. After a gel electrophoresis, if the specific protein is present, it will result in an accordingly stained band on the western blot.
Global Western Blotting Market Size:
According to Market Data Forecast, The Global Western blotting market value is expected to grow at a CAGR of 5.1% to reach a market value of USD 814.2 million by 2023.
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Drivers and restraints:
Drivers that are influencing the Western blotting market increasing research activities and R&D spending by pharmaceutical and biotechnology companies and rise in the prevalence of HIV/AIDS. Factors such as growth in proteomics market, the rise in number of industry-academic research collaborations, rise in requirement for personalized medicine, and new product launches are further anticipated to aid the growth of the market.
There are also few restraints that are limiting the growth of the market are emergence of substitute technologies, strict regulations and requirement of high procedural efficiency for exact results are expected to challenge the market in the coming years.
Partition of the Market:
The global market for Western Blotting market is partitioned according to Product, Application and End User. With respect to product, it is sectioned into Instruments and Consumables. The consumables section is likely to have the major share in this section of western blotting market. This is primarily due to factors such as rise in the use of western blotting in research & diagnosis and increase in the number of rate of diseases that require western blotting for diagnosis. The western blotting instrument is further sectioned into gel electrophoresis instruments, blotting systems, and images. The major share of this section is attributed to high sensitivity, low run time, and high productivity.
With respect to application, market is sectioned into Biomedical & Biochemical Research and Disease Diagnostics. The biomedical & biochemical research section is likely to hold the major share of this section of western blotting market. With respect to the end user, it is sectioned into Academic & Research Institutes and Pharmaceutical & Biotechnology Companies. Pharmaceutical and biotech companies’ section is in lead with the highest share of this market section.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/western-blotting-market-5085/
Geographically, the market is partitioned into different regions namely North America, Europe, Asia-Pacific and Middle East and Africa. North-America is leading the market due to rise in the prevalence of HIV and Lyme disease, U.S.–China collaborative program for biomedical research, boost in research funding and increasing production of genetically customized crops in the U.S., HIV vaccine initiative, and growth in the intensity of pharmaceutical and biopharmaceutical clinical research in Canada. In the coming years, Asia-Pacific region is likely to witness the highest growth in the western blotting market, with emphasis on India, China, and Japan.
Key players of the market:
Prominent players in the market are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., GE Healthcare, Advansta, Inc., LI-COR Biosciences, PerkinElmer Inc., Bio-Techne Corporation, Merck KGaA, F. Hoffmann-La Roche Ltd., and Cell Signaling Technology.
Scope of the Report:
The report offers an extensive examination of the business by giving the estimations of market potential and gauges with most extreme granularity. Along this, the variables persuasive in affecting the market flow and patterns are examined in detail at the item level. Further, the execution of the market at the territorial and nation level is evaluated and the prospects with high development potential are distinguished and discussed.
The key players in the business are profiled giving bits of knowledge on their money related execution, advertise position and development techniques. Similar investigation on prime strategical exercises of the market players depicting the key advancements like mergers and acquisitions, coordinated efforts and an assessment of the focused condition inside the business are given. The report additionally offers an expansive standpoint of the market alongside proposals from industry specialists on the open doors for speculation action.
What else? Aside from the syndicated report, our in-house group has an aptitude and involvement in planning custom reports to meet your research needs and help you in settling on very much educated choices.
View the customized report here: https://www.marketdataforecast.com/market-reports/western-blotting-market-5085/customize-report
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
The western blot is a widely used technique in molecular biology, immunogenetics, and other molecular biology fields to recognize specific proteins in a sample of tissue homogenate or extract. Synthetic or animal-derived antibodies are created to react with the specific target protein. The sample to be tested is prepared and put together with these antibodies on a membrane. After a gel electrophoresis, if the specific protein is present, it will result in an accordingly stained band on the western blot.
Global Western Blotting Market Size:
According to Market Data Forecast, The Global Western blotting market value is expected to grow at a CAGR of 5.1% to reach a market value of USD 814.2 million by 2023.
Request for Sample @ https://www.marketdataforecast.com/market-reports/western-blotting-market-5085/request-sample
Drivers and restraints:
Drivers that are influencing the Western blotting market increasing research activities and R&D spending by pharmaceutical and biotechnology companies and rise in the prevalence of HIV/AIDS. Factors such as growth in proteomics market, the rise in number of industry-academic research collaborations, rise in requirement for personalized medicine, and new product launches are further anticipated to aid the growth of the market.
There are also few restraints that are limiting the growth of the market are emergence of substitute technologies, strict regulations and requirement of high procedural efficiency for exact results are expected to challenge the market in the coming years.
Partition of the Market:
The global market for Western Blotting market is partitioned according to Product, Application and End User. With respect to product, it is sectioned into Instruments and Consumables. The consumables section is likely to have the major share in this section of western blotting market. This is primarily due to factors such as rise in the use of western blotting in research & diagnosis and increase in the number of rate of diseases that require western blotting for diagnosis. The western blotting instrument is further sectioned into gel electrophoresis instruments, blotting systems, and images. The major share of this section is attributed to high sensitivity, low run time, and high productivity.
With respect to application, market is sectioned into Biomedical & Biochemical Research and Disease Diagnostics. The biomedical & biochemical research section is likely to hold the major share of this section of western blotting market. With respect to the end user, it is sectioned into Academic & Research Institutes and Pharmaceutical & Biotechnology Companies. Pharmaceutical and biotech companies’ section is in lead with the highest share of this market section.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/western-blotting-market-5085/
Geographically, the market is partitioned into different regions namely North America, Europe, Asia-Pacific and Middle East and Africa. North-America is leading the market due to rise in the prevalence of HIV and Lyme disease, U.S.–China collaborative program for biomedical research, boost in research funding and increasing production of genetically customized crops in the U.S., HIV vaccine initiative, and growth in the intensity of pharmaceutical and biopharmaceutical clinical research in Canada. In the coming years, Asia-Pacific region is likely to witness the highest growth in the western blotting market, with emphasis on India, China, and Japan.
Key players of the market:
Prominent players in the market are Bio-Rad Laboratories, Inc., Thermo Fisher Scientific, Inc., GE Healthcare, Advansta, Inc., LI-COR Biosciences, PerkinElmer Inc., Bio-Techne Corporation, Merck KGaA, F. Hoffmann-La Roche Ltd., and Cell Signaling Technology.
Scope of the Report:
The report offers an extensive examination of the business by giving the estimations of market potential and gauges with most extreme granularity. Along this, the variables persuasive in affecting the market flow and patterns are examined in detail at the item level. Further, the execution of the market at the territorial and nation level is evaluated and the prospects with high development potential are distinguished and discussed.
The key players in the business are profiled giving bits of knowledge on their money related execution, advertise position and development techniques. Similar investigation on prime strategical exercises of the market players depicting the key advancements like mergers and acquisitions, coordinated efforts and an assessment of the focused condition inside the business are given. The report additionally offers an expansive standpoint of the market alongside proposals from industry specialists on the open doors for speculation action.
What else? Aside from the syndicated report, our in-house group has an aptitude and involvement in planning custom reports to meet your research needs and help you in settling on very much educated choices.
View the customized report here: https://www.marketdataforecast.com/market-reports/western-blotting-market-5085/customize-report
About Us
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results