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.
Browse full research report on 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.
Browse more reports of this category
by Grand View Research: 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
- Protein
- Enzymes
- Probes/ tags
- Monoclonal
antibodies
- 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
- Enzymatic
labeling
- Dye based
labeling
- Co
translational labeling
- Site
specific labeling
- Nano
particle labeling
- In vivo
- Photo
reactive labeling
- Radioactive
labeling
Protein
Labeling Regional Outlook (Revenue, USD Million, 2013 - 2024)
- North America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia Pacific
- Japan
- China
- Latin America
- Brazil
- Middle East
& Africa
- South Africa
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
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