Global Protein Labeling Market Report, published by Allied Market Research, forecast that the global market is growing at a CAGR of 14.9% during the 2014-2022. Reagents segment is estimated to dominate the global protein labeling market throughout the analysis period. Majority of the global protein labeling market share was captured by U.S. in 2015.
Protein labeling is an effective technique to study protein structure, function, and functioning of genes. The global protein labeling market has become prominent due to increase in expenditure on R&D, escalation in proteomics research, and rise in the healthcare expenses. Moreover, the launch of new technologies has boosted this market.
Key findings of the Protein Labeling Market Study:
Nanoparticle labeling segment is estimated to exhibit a CAGR of 17.4%, among in vitro labeling.
Fluorescence Microscopy segment will exhibit a CAGR of 16.1% in LAMEA region.
Research laboratories segment holds two-thirds of the share in the end-user protein labeling market.
Photoreactive labeling segment for in vivo protein labeling is projected to be the fastest growing segment from 2016 to 2022.
Mexico was the smallest economy market in 2015, and is projected to grow at a CAGR of 15.7% through 2022.
Based on geography, North America generated the highest revenue in 2015, accounting for the majority of the share of global protein labeling market, due to various technological advancements, rise in R&D investments, and surge in demand for protein labeling products.
Furthermore, North America is estimated to continue to dominate the world market, owing to rise in technological innovations andsignificant rise in funding. The Asia-Pacific region is expected to be the fastest growing segment, owing to the increased demands of emerging economies such as Japan and China and rise in healthcare expenditure.
GLOBAL PROTEIN LABELING MARKET KEY SEGMENTS
The global protein labeling market segmentation is explained below:
By Labeling Method
In Vitro Labeling
Nanoparticle Labeling
Site-Specific Labeling
Dye-Based Labeling
Co-Translational Labeling
Enzymatic Labeling
In Vivo Labeling
Radioactive Labeling
Photoreactive Labeling
Bioorthogonal Labeling
By Application
Cell-Based Assays
Fluorescence Microscopy
Mass Spectrometry
Immunological Techniques
Protein Microarray
Protein labeling technique is a secondary research tool for proteomic analysis, and is used for research and diagnostic purposes in biotechnology and pharmaceuticals industries. Moreover, with the rise in the prevalence of chronic diseases such as cancer, the need for prevention, diagnosis, and treatment of such diseases is on the rise.
Consequently, the demand for such techniques is anticipated to increase. Alternatively, lack of skilled professionals, limited applications of protein labeling products along with high costs of reagents, kits, and other protein labeling services are the key factors that could impede the market growth.
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Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
