The Global Protein Labelling Market was worth USD 1.22 billion in 2016 and estimated to be growing at a CAGR of 12.2%, to reach USD 2.17 billion by 2021.
Hyderabad, India -- (SBWIRE) -- 03/14/2018 -- Proteins are most significant and most important biomolecules in a living organism, as they're very important for the functioning of that organism. Therefore, additional importance is given to analyzing the protein binding mechanism through specialized fields of studies, corresponding to proteomics and protein chemistry. Most of those techniques specialize in giving the flexibility to specifically tag proteins by creating genetic fusions, and thereby, imparting distinctive properties for selective protein visualization, manipulation, and entrapment within complex biochemical environments.
View the sample and decide: https://www.marketdataforecast.com/market-reports/global-protein-labelling-market-3067/request-sample
The global Protein Labelling market is estimated to have a value of USD 1.22 billion in 2016. With a CAGR of 12.2%, the market size is expected to grow rapidly to cross USD 2.17 billion by 2022.
The market growth apart from rising proteomics research can be attributed to the rising R&D spending and increase in healthcare expenditure due to rising disposable incomes in developing countries.
To know more read: https://www.marketdataforecast.com/market-reports/global-protein-labelling-market-3067/
The biggest share of revenue in 2016 of the protein labelling market is accounted by the reagents segment. The very large share of the segment in the market is attributed due to the presence of high demand for labelling of peptides, and development of novel reagents that have chemo selective capabilities & organic compound cross-linking skills. Application of protein labelling in immunologic techniques was ascertained to be accountable for generation of the biggest share of revenue in 2016.
Moreover, with the rise in the prevalence of chronic diseases corresponding to cancer, the requirement for prevention, diagnosis, and treatment of such diseases is on the increase. Consequently, the demand for such techniques is anticipated to increase. As an alternative, lack of consummate professionals, restricted applications of protein labelling products in conjunction with soaring prices of reagents, kits, and different labelling services are the key factors that would impede the market growth.
Get your customized report: https://www.marketdataforecast.com/market-reports/global-protein-labelling-market-3067/customize-report
As of now, North America contributed the biggest share in the revenue of the market by accounting almost 45% of total revenue generated owing to the presence of a very large installed base of genetic and proteomic profiling platforms across the region.
The major market contributors for the global Protein Labelling market are Thermo Fisher Scientific Inc., General Electric Healthcare Life Science, PerkinElmer Inc, Merck Millipore, Promega Corporation, LI-COR Inc., F. Hoffmann-La Roche AG, New England Biolabs, Eurogentec S.A., Kirkegaard & Perry Laboratories (KPL).
The scope of the report provides:
The evaluation of the current market for your product or services and the future implications of the market
Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter's Five Forces
The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
Name: Mr. Abhishek Shukla
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.