Rising healthcare expenditure coupled with the increasing research and developments by companies for reducing the complexities in protein labeling are key factors contributing to high CAGR of Protein Labeling market during the forecast period.
According to the current analysis of Reports and Data, the globalProtein Labelling marketwas valued at USD 1396.6 Million in 2018 and is expected to reach USD 3544.9 Million by the year 2026, at a CAGR of 11.8%. Use of molecular labels in research is very common for purification detection of the labeled proteins and their binding partners. Proteins are also labeled during cell growth by incorporating amino acids containing different isotopes. Protein labeling finds application in biological processes monitoring, in the quantification of compounds, and for specific detection of protein modifications and enhancement of detection sensitivity and simplification of detection workflows. For these various types of labels are used, and are specific for each application. The three commonly used tags attach to the protein sequence are stable isotopes, mass tags, and fluorophores. Increase in the healthcare expenditure along with the increasing research and development expenditure, are driving the growth of the market. The companies are focusing on reducing the complexities in the protein labeling process by improving the existing technologies. The indsutry is witnessing rise in the new product launches and growing adoption of bioengineering technologies in a bid to ramp up the market growth. Development of the technology to produce advanced dyes that rapidly conjugates with the specific peptides or nucleotidein order to detect their presence and further purification process more accurately is expected to make the process more efficient and will have positive impact on the market.
Key companies profiled in the report include
Thermo Fisher Scientific, Merck KGaA, PerkinElmer, General Electric company, F. Hoffmann-La Roche and New England Biolabs among others
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The report is an investigative study that determines market growth and market scope on the basis of market trends, consumer behavior shifts, consumption and production patterns, product portfolio offered by the market, growth rate, drivers and constraints, financial positions, and existing challenges and limitations of the Protein Labeling market.
The report discusses in detail the global production capacity, demand and supply ratio, market dynamics, and comprehensive analysis of the competitive landscape. It provides an industry-wide analysis of the market share of each players along with their business portfolio, production and manufacturing capacity, product portfolio, business expansion plans, financial standing, and strategic alliances such as mergers and acquisitions, joint ventures, and collaborations, among others.
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The regional bifurcation of the market analyzes key market segments such as North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The report discusses in detail the market growth, market size, revenue growth, market share, production and consumption, demand and supply, current and emerging trends, and technological developments in each region.
The key geographical regions analyzed in the market report are:
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Protein Labeling Market Segmentation based on Types:
Product (Revenue, USD Million; 20162026)
- Reagents
- Protein
- Enzymes
- Probes/tags
- Monoclonal antibodies
- Other reagents
- Kits
- Services
Protein Labeling Market Segmentation based on Application:
Application (Revenue, USD Million; 20162026)
- Cell based-assay
- Fluorescence microscopy
- Immunological techniques
- Mass spectrometry
- Protein micro assay
Method (Revenue, USD Million; 20162026)
- In vitro
- Enzymatic labeling
- Dye based labeling
- Co translational labeling
- Site specific labeling
- Nano particle labeling
- In vivo
- Photo reactive
- Radioactive
- Bioorthogonal Labeling
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Further key findings from the Protein Labeling Market report suggest
- Biological fluorophores and organic dyes are extensively used for protein labeling; they are suitable for detection of protein location, identification of protein complex and in monitoring biological processes as they respond directly to light by producing a detectable signal.
- Kits segment is expected to witness the fastest growth at the CAGR of 12.3 %. Ready to use kits offer a convenient way to label proteins and antibodies.
- Based on the product, the services segment is expected to grow significantly on account of increased outsourcing of technical and skilled workflow procedures.
- Asia-Pacific regional segment of the Protein Labelling market is expected to remain highest growing segment during 2019-2026, at a CAGR of 13.1%; owing it to development in various streams such as proteomics, cancer proteomics, immunodynamics, and structural genomics in the region.
- The scarcity of skilled professionals and limited applications of protein-labeling is likely to hinder the market growth during the forecast period
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