Protein Labeling Market is Expected to Reach $5,350 Million, Globally, by 2022
Portland, OR -- (SBWIRE) -- 02/26/2018 -- The emerging trends in protein labeling such as emergence of more specific labels with higher affinity and binding properties, bioorthogonal labeling, and customized label designing would fuel the global protein labeling market growth. Such advanced labels help in better marking, identification, separation, and quantification of proteins.
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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.
The report analyzes the protein labeling industry into four segments?labeling method, application, product type, and geography. By labeling method, the market is segmented into in vitro labeling, in vivo labeling, and bioorthogonal labeling. In vitro labeling is further segmented as nanoparticle labeling, site-specific labeling, dye-based labeling, co-translational labeling, and enzymatic labeling. On the other hand, in vivo labeling can be segmented as radioactive labeling, and photoreactive labeling. Based on application, the protein labeling market is mainly categorized into five segments?cell-based assays, fluorescence microscopy, mass spectrometry, immunological techniques, and protein microarray.
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Based on products, the protein labeling industry is segmented as, kits, reagents, and services. Reagents can be further segmented into enzymes, monoclonal antibodies, probes/tags, proteins, and other reagents. Based on end users, the market is segmented as research laboratories, hospitals, and diagnostic centers. Based on geography, the protein labeling market is categorized into North America, Europe, Asia-Pacific, andLAMEA.