Western Blotting Market Growth, Trends And Forecasts (2016 To 2021)
Western Blotting Market By Product, Application, End User (Academic & Research Institutes, Pharmaceutical & Biotechnology Companies) And By Region - Global Industry Analysis, Size, Share, Growth, Trends And Forecasts (2016 To 2021)
(EMAILWIRE.COM, April 25, 2018 ) The Global Western blotting market is anticipated to grow at a 5.1% CAGR from 2016 to 2021 and it is estimated that the global market was valued at USD 574.80 million in 2016 and is expected to reach USD 737.11 million by 2021.
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The western blot is an extensively used technique in molecular biology, immunogenetics, and other molecular biology fields to identify 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.
Increase in research activities and R&D spending by pharmaceutical and biotechnology companies and rising prevalence of HIV/AIDS are the primary drivers of the market. Factors such as growing proteomics market, the growing number of industry-academic research collaborations, increasing demand for personalized medicine, and new product launches are further expected to drive the growth of the western blotting market in the coming years. Be that as it may, the emergence of alternative technologies is anticipated to restrain the growth of the market. Furthermore, stringent regulations and requirement of high procedural efficiency for accurate results are likely to challenge the western blotting market in the coming years. However, automation in western blotting instruments is projected to pose lucrative opportunities for the western blotting market.
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The global market for Western Blotting market is segmented into Product, Application and End User. On the basis of product, it is segmented into Instruments and Consumables. The consumables segment is expected to have the largest share in this segment of western blotting market. This is mainly due to factors such as an increase in the use of western blotting in research & diagnosis and rise in the number of incidences of diseases that require western blotting for diagnosis. The western blotting instrument is further segmented into gel electrophoresis instruments, blotting systems, and images. The blotting systems segment is projected to account for the largest share in this market segment. The large share of this segment is attributed to high sensitivity, low run time, and high efficiency.
On the basis of application, it is segmented into Biomedical & Biochemical Research and Disease Diagnostics. The biomedical & biochemical research segment is expected to hold the largest share of this segment of western blotting market. This is mainly due to the increase in government spending on proteomics research, and rise in R&D spending by pharmaceutical & biotechnology companies in drug discovery and development. However, the disease diagnostics segment is projected to grow at the highest in the coming years. This can be credited to rise in prevalence and incidences of HIV, HSV, HBV, and Lyme disease, among others. On the basis of end user, it is segmented into Academic & Research Institutes and Pharmaceutical & Biotechnology Companies. Pharmaceutical and biotech companies segment will lead with the maximum share of this market segment. However, research institutions segment is expected to have the highest growth rate, followed by diagnostic laboratories segment with the least share in this market segment.
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Western blotting Market Segmentation:
Product
Introduction
Instruments
1. Gel Electrophoresis Instruments
2. Blotting Systems
a. Wet Blotting Systems
b. Semi-Dry Blotting Systems
3. Imagers
a. Chemiluminescent Imagers
b. Fluorescent Imagers
c. Other Imagers
Consumables
1. Reagents
2. Kits
3. Other Consumables
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Application
Introduction
Biomedical & Biochemical Research
Disease Diagnostics
Agriculture
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
End User
Introduction
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Browse Full Report with TOC: https://marketdataforecast.com/market-reports/western-blotting-market-5085/
The western blot is an extensively used technique in molecular biology, immunogenetics, and other molecular biology fields to identify 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.
Increase in research activities and R&D spending by pharmaceutical and biotechnology companies and rising prevalence of HIV/AIDS are the primary drivers of the market. Factors such as growing proteomics market, the growing number of industry-academic research collaborations, increasing demand for personalized medicine, and new product launches are further expected to drive the growth of the western blotting market in the coming years. Be that as it may, the emergence of alternative technologies is anticipated to restrain the growth of the market. Furthermore, stringent regulations and requirement of high procedural efficiency for accurate results are likely to challenge the western blotting market in the coming years. However, automation in western blotting instruments is projected to pose lucrative opportunities for the western blotting market.
Get Free Sample Copy of Report: https://marketdataforecast.com/market-reports/western-blotting-market-5085/request-sample
The global market for Western Blotting market is segmented into Product, Application and End User. On the basis of product, it is segmented into Instruments and Consumables. The consumables segment is expected to have the largest share in this segment of western blotting market. This is mainly due to factors such as an increase in the use of western blotting in research & diagnosis and rise in the number of incidences of diseases that require western blotting for diagnosis. The western blotting instrument is further segmented into gel electrophoresis instruments, blotting systems, and images. The blotting systems segment is projected to account for the largest share in this market segment. The large share of this segment is attributed to high sensitivity, low run time, and high efficiency.
On the basis of application, it is segmented into Biomedical & Biochemical Research and Disease Diagnostics. The biomedical & biochemical research segment is expected to hold the largest share of this segment of western blotting market. This is mainly due to the increase in government spending on proteomics research, and rise in R&D spending by pharmaceutical & biotechnology companies in drug discovery and development. However, the disease diagnostics segment is projected to grow at the highest in the coming years. This can be credited to rise in prevalence and incidences of HIV, HSV, HBV, and Lyme disease, among others. On the basis of end user, it is segmented into Academic & Research Institutes and Pharmaceutical & Biotechnology Companies. Pharmaceutical and biotech companies segment will lead with the maximum share of this market segment. However, research institutions segment is expected to have the highest growth rate, followed by diagnostic laboratories segment with the least share in this market segment.
Browse Customize before buying: https://marketdataforecast.com/market-reports/western-blotting-market-5085/customize-report
Western blotting Market Segmentation:
Product
Introduction
Instruments
1. Gel Electrophoresis Instruments
2. Blotting Systems
a. Wet Blotting Systems
b. Semi-Dry Blotting Systems
3. Imagers
a. Chemiluminescent Imagers
b. Fluorescent Imagers
c. Other Imagers
Consumables
1. Reagents
2. Kits
3. Other Consumables
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Application
Introduction
Biomedical & Biochemical Research
Disease Diagnostics
Agriculture
Y-o-Y Growth Analysis, By Application
Market Attractiveness Analysis, By Application
Market Share Analysis, By Application
End User
Introduction
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Y-o-Y Growth Analysis, By End User
Market Attractiveness Analysis, By End User
Market Share Analysis, By End User
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626
Contact Information:
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
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