Asia Pacific Western Blotting Market is Projected to Bring in US$ 139.77 Mn by 2021
Asia Pacific Western Blotting Market By Product (Instruments, Consumables), Application (Biomedical & Biochemical Research, Disease Diagnostics)
(EMAILWIRE.COM, December 14, 2017 ) Asia Pacific Western blotting market is anticipated to grow at a 6.2% CAGR from 2016 to 2021 and it is estimated that the Asia-Pacific market was valued at USD 103.46 million in 2016 and is expected to reach USD 139.77 million by 2021.
Western blot is often used in research to separate and identify proteins. In this technique, a mixture of proteins is separated based on molecular weight, and thus by type, through gel electrophoresis. These results are then transferred to a membrane producing a band for each protein. The membrane is then incubated with labels antibodies specific to the protein of interest. The unbound antibody is washed off leaving only the bound antibody to the protein of interest. The bound antibodies are then detected by developing the film. As the antibodies only bind to the protein of interest, only one band should be visible. The thickness of the band corresponds to the amount of protein present; thus, doing a standard can indicate the amount of protein present.
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Increasing research activities and R&D spending by pharmaceutical and biotechnology companies and rise in the prevalence of HIV/AIDS are the primary driving factors of the market. Factors such as growth in proteomics market, the increasing number of industry-academic research collaborations, increase in requirement for personalized medicine, and new product launches are further expected to aid the growth of the market. On the other hand, the emergence of alternative technologies is anticipated to have a negative impact on the growth of the market. Furthermore, strict regulations and requirement of high procedural efficiency for accurate results are likely to challenge the market in the coming years. However, automation in western blotting instruments is expected to provide lucrative opportunities for the market.
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The North-America 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 holds the largest share in this segment of the market. This is primarily due because of rise in the use of western blotting in research & diagnosis and increase in the number of incidences of diseases requiring western blotting for diagnosis. The instruments market is further segmented into gel electrophoresis instruments, blotting systems, and images. The blotting systems segment is expected to account for the largest share in this market segment. The large share of this segment can be credited to its 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 anticipated to hold the largest share of this market segment. This is primarily due to the surge in government spending on proteomics research, and an increase in R&D spending by pharmaceutical & biotechnology companies in drug discovery and development.
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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 anticipated to have the highest growth rate, followed by diagnostic laboratories segment with the smallest share in this market segment.
On the basis of geography, the market is analyzed under various regions namely India, China, Australia, South Korea and Japan. In the coming years, Asia-Pacific region is expected to witness the highest growth in the western blotting market, with emphasis on India, China, and Japan. This can be attributed to increasing government interest in biomedical & biotechnology industry in China, government initiatives supported by funding in Japan, growing funding for agriculture research in India, increasing diagnosis and related funding in Australia, and growing prevalence of herpes simplex virus (HSV) in southeast Asia.
Some of the key companies dominating 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.
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Western blot is often used in research to separate and identify proteins. In this technique, a mixture of proteins is separated based on molecular weight, and thus by type, through gel electrophoresis. These results are then transferred to a membrane producing a band for each protein. The membrane is then incubated with labels antibodies specific to the protein of interest. The unbound antibody is washed off leaving only the bound antibody to the protein of interest. The bound antibodies are then detected by developing the film. As the antibodies only bind to the protein of interest, only one band should be visible. The thickness of the band corresponds to the amount of protein present; thus, doing a standard can indicate the amount of protein present.
Get a comprehensive overview of the Market: http://www.marketdataforecast.com/market-reports/asia-pacific-western-blotting-market-5089/
Increasing research activities and R&D spending by pharmaceutical and biotechnology companies and rise in the prevalence of HIV/AIDS are the primary driving factors of the market. Factors such as growth in proteomics market, the increasing number of industry-academic research collaborations, increase in requirement for personalized medicine, and new product launches are further expected to aid the growth of the market. On the other hand, the emergence of alternative technologies is anticipated to have a negative impact on the growth of the market. Furthermore, strict regulations and requirement of high procedural efficiency for accurate results are likely to challenge the market in the coming years. However, automation in western blotting instruments is expected to provide lucrative opportunities for the market.
Request for sample Brochure: http://www.marketdataforecast.com/market-reports/asia-pacific-western-blotting-market-5089/request-sample
The North-America 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 holds the largest share in this segment of the market. This is primarily due because of rise in the use of western blotting in research & diagnosis and increase in the number of incidences of diseases requiring western blotting for diagnosis. The instruments market is further segmented into gel electrophoresis instruments, blotting systems, and images. The blotting systems segment is expected to account for the largest share in this market segment. The large share of this segment can be credited to its 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 anticipated to hold the largest share of this market segment. This is primarily due to the surge in government spending on proteomics research, and an increase in R&D spending by pharmaceutical & biotechnology companies in drug discovery and development.
Inquire Before Buying: http://www.marketdataforecast.com/market-reports/asia-pacific-western-blotting-market-5089/inquire
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 anticipated to have the highest growth rate, followed by diagnostic laboratories segment with the smallest share in this market segment.
On the basis of geography, the market is analyzed under various regions namely India, China, Australia, South Korea and Japan. In the coming years, Asia-Pacific region is expected to witness the highest growth in the western blotting market, with emphasis on India, China, and Japan. This can be attributed to increasing government interest in biomedical & biotechnology industry in China, government initiatives supported by funding in Japan, growing funding for agriculture research in India, increasing diagnosis and related funding in Australia, and growing prevalence of herpes simplex virus (HSV) in southeast Asia.
Some of the key companies dominating 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.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast.
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Market Data Forecast.
Abhishek
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