The global protein labeling market size is expected to reach USD 2.60 billion by 2024,
according to a new report by Grand View Research, Inc., registering a CAGR of
9.3% during the forecast period. Development and commercial launch of high
accuracy and rapid labeling products is expected to enhance market growth.
Post-translation
Modification (PTM) such as proteolysis, lipidation, acetylation, methylation,
nitrosylation, ubiquitination, glycosylation, and phosphorylation influence all
aspects of pathogenesis as well as normal cell functioning. PTM studies are
rapidly being adopted to investigate biological functions of various proteins
and their role in disease prognosis.
Availability of a broad
range of labels for covalent attachment of different molecules provides
researchers the choice to select labels to suit specific applications.
Fluorescent labeling does not require additional reagents for protein detection
due to its ability to respond to light signals. This ability of fluorescence
molecules has significantly contributed to its rapid adoption in in vivo
protein labeling.
High R&D spending to
reduce complexity in protein labeling and increased adoption of sophisticated
bioengineering techniques in various sectors of biotechnology further
contribute to market growth. Development of rapid diagnostic tests based on
detection of the presence of specific protein proves to be of great
significance for rapid and cost-effective diagnostics. Focus on development of
advanced diagnostic tests based on protein detection is expected to fuel new
product development.
Technological
advancements in genetic sequencing methodologies has drastically reduced the
cost of genome profiling. This is expected to drive demand for protein
expression analysis, which is the next step in genetic analysis after
sequencing. Declining sequencing cost has increased the number of proteomic and
genomic profiling studies, which is projected to fuel demand for protein
labeling over the forecast period.
Full Research Report On protein labeling market Analysis:
https://www.grandviewresearch.com/industry-analysis/protein-labeling-market
https://www.grandviewresearch.com/industry-analysis/protein-labeling-market
Further key findings from the report
suggest:
·
Rapid
adoption of post-translational modification studies in proteomics is expected
to fuel demand for reagents
·
SNAP-,
CLIP-, MCP-, and ACP- tags are some of the fusion proteins used for covalent
labeling. Ability to provide irreversible covalent labeling and labeling for
membrane protein drives demand for probes/tags in labeling
·
Demand for
kits for clinical diagnosis of various diseases based on protein detection fuels
the kits product segment
·
North
America dominated the market due to presence of key players and high
investments in proteomics research. Canada is poised to witness lucrative
growth owing to increasing number of research projects focused on improving healthcare
solutions
·
Europe is a
key regional market. The Seventh Framework Program of the European Union
provided funds for P-CUBE - an infrastructure for Protein Production Platforms
to provide access to most advanced techniques to researchers
·
Asia Pacific
is expected to observe remarkable growth over the forecast period, especially
in China and Japan
·
Major
companies operating in the market include F. Hoffmann-La Roche AG; GE
Healthcare Life Science; Promega Corporation; PerkinElmer Inc.; Merck
Millipore; Thermo Fisher Scientific Inc.; Kirkegaard & Perry Laboratories
(KPL); Eurogentec S.A.; New England Biolabs; and LI-COR Inc.
·
Key players
are involved in acquisition of smaller players and are expanding their product
portfolio, resulting in market consolidation.
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/healthcare
Grand View Research has
segmented the global protein labeling market on the basis of product,
application, labeling method, and region:
Protein Labeling Product Outlook
(Revenue, USD Million, 2013 - 2024)
·
Reagents
o Protein
o Enzymes
o Probes/ tags
o Monoclonal antibodies
o Other reagents
·
Kits
·
Services
Protein Labeling Application Outlook
(Revenue, USD Million, 2013 - 2024)
·
Cell
based-assay
·
Fluorescence
microscopy
·
Immunological
techniques
·
Mass
spectrometry
·
Protein
micro assay
Protein Labeling Method Outlook
(Revenue, USD Million, 2013 - 2024)
·
In vitro
o Enzymatic labeling
o Dye based labeling
o Co translational labeling
o Site specific labeling
o Nano particle labeling
·
In vivo
o Photo reactive labeling
o Radioactive labeling
Protein Labeling Regional Outlook
(Revenue, USD Million, 2013 - 2024)
·
North
America
o U.S.
o Canada
·
Europe
o Germany
o U.K.
·
Asia Pacific
o Japan
o China
·
Latin
America
o Brazil
·
Middle East
& Africa
o South Africa
View Press
Release of this research report by Grand View Research: https://www.grandviewresearch.com/press-release/global-protein-labeling-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
For More Information: www.grandviewresearch.com