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 report provides a complete analysis of the global Protein Labeling market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into the market growth, size, and investment approaches.
The key companies profiled in the market are:
Thermo Fisher Scientific, Merck KGaA, PerkinElmer, General Electric company, F. Hoffmann-La Roche and New England Biolabs among others
Further key findings from the Protein Labeling Market report suggest
- Biological fluorophores and organic dyes are extensively used for protein labeling; they are suitable for detection of protein location, identification of protein complex and in monitoring biological processes as they respond directly to light by producing a detectable signal.
- Kits segment is expected to witness the fastest growth at the CAGR of 12.3 %. Ready to use kits offer a convenient way to label proteins and antibodies.
- Based on the product, the services segment is expected to grow significantly on account of increased outsourcing of technical and skilled workflow procedures.
- Asia-Pacific regional segment of the Protein Labelling market is expected to remain highest growing segment during 2019-2026, at a CAGR of 13.1%; owing it to development in various streams such as proteomics, cancer proteomics, immunodynamics, and structural genomics in the region.
- The scarcity of skilled professionals and limited applications of protein-labeling is likely to hinder the market growth during the forecast period
- Major players are involved in launch of novel products and acquisition and amalgamations of smaller emerging entities to strengthen their market position. Expanding geographic reach and enhancing product portfolio are some other strategies adopted by larger companies to increase their market share.
For the purpose of this study, Reports and Data have segmented the market on the basis of form, routes of administration, product, application, source, end user and regional analysis.
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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The report further segments the market on the basis of key regions of the world and offers an assessment of the production and manufacturing capacity, import and export, production and consumption patterns, supply and demand ratio, and the presence of key players in each region. The Protein Labeling market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East Africa.
In-depth regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- Rest of MEA
The report includes primary and subjective research with a comprehensive study examined and validated by industry professionals and experts. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period. The report also provides an insight into the growth in revenue along with CAGR throughout the forecast period. It also provides insights into lucrative opportunities to enable the businesses to capitalize on the emerging trends of the market.
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Highlights of the TOC:
- Report Overview
1.1 Research Scope
1.2 Key Protein Labeling market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
- Global Growth Trends
2.1 Global Protein Labeling market size
2.2 Latest Protein Labeling market trends
2.3 Key growth trends
- Competitive Landscape
3.1 Global Protein Labeling market key players
3.2 Global Protein Labeling size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Protein Labeling market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
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