Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
The global Protein AssaysMarketwas valued at USD 1.27 billion in 2016 and is projected to reach USD 3.27billion by 2025, growing at a CAGR of 11.07% from 2017 to 2025.
Protein assays are an integral part of biotechnology and pharmaceutical researches. With increasing demand of medicinal treatments and efficient diagnostic services, the market is expected to grow in the forecast period.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing Pharmaceutical and Biotech R&D Expenditure
1.2 Favorable Government Funding Scenario for Proteomics Research
2. Market Restraints
2.1 High Cost of Multiplex Assay Equipment
2.2 Sequestration Cuts in the U.S.
Market Segmentation:
1. Global Protein AssaysMarket, by End User:
1.1 Pharmaceutical and Biotechnology Companies
1.2 Clinical Laboratories
1.3 Hospitals
1.4 Academic Research Institutes
1.5 Other End Users
2. Global Protein AssaysMarket, by Application:
2.1 Drug Discovery & Development
2.2 Disease Diagnosis
2.3 Other Applications
3. Global Protein AssaysMarket, by Technology:
3.1 Absorbance-Based Protein Assays
3.2 Colorimetric Protein Assays
3.3 Fluorescence-Based Protein Assays
4. Global Protein Assays Market, by Product:
4.1 Reagents
4.2 Kits
4.3 Instruments and Accessories
5. Global Protein Assays Market, by Type:
5.1 Dye-Binding Assays
5.2 Copper-Ion-Based Assays
5.3 Test Strip-Based Assays
5.4 Other Protein Assays
6. Global Protein Assays Market, by Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Bio-Rad Laboratories, Inc.
2. Thermo Fisher Scientific Inc.
3. Merck KGaA
4. Promega Corporation
5. GE Healthcare
6. Perkinelmer, Inc.
7. Geno Technology, Inc.
8. Cell Signaling Technology, Inc.
9. Abcam PLC.
10. Novus Biologicals, LLC
11. Soltec Ventures (Soltec Bio Science)
12. Lonza Group
13. Biovision Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Protein AssaysMarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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