Boost Adoption of Protein Assays Market to Detect Antibodies against Various Proteins of Coronavirus
The Bradford protein assay is used extensively for analysis of proteins in many applications including drug discovery, food safety, and medical diagnostics. The assays are also useful in the analysis of various proteins complexes that have been detected by various methods. The concept of this assay is based on the interaction of protein molecules with fluorescent dye under acidic conditions resulting in a bluish color shift from blue to red. This process actually determines the presence of all the basic amino acids, arginine, glycine and histidine that leads to formation of the co-enzymatic protein complex. It can be used in combination with other methods for evaluation of protein content.
Significant growth in the pharmaceutical sector is expected to propel growth of the global protein assays market. For instance, according to The European Federation of Pharmaceutical Industries and Associations’ Key Data 2019, the pharmaceutical sector in Europe invested US$ 19, 509 million in 2000, which increased to US$ 39,895 million (est.) in 2018. Moreover, launch of graphene-based electrochemical biosensors is also expected to aid in growth of the market. For instance, in February 2018, Nanomedical Diagnostics launched Graphene Biosensor- FLEX, which can be easily integrated with company’s Agile R100 protein assay system to increase the efficiency of the drug discovery process.
Among regions, Europe is expected to witness significant growth in the protein assays market, owing to growing pharmaceutical sector. For instance, according to The European Federation of Pharmaceutical Industries and Associations’ Key Data 2019, the pharmaceutical sector in Europe was valued at US$ 1
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