Persistence Market Research is released new forthcoming report on title "Protein Purification Reagents Market: Global Industry Analysis and Forecast to 2020".
New York, NY -- (SBWIRE) -- 10/20/2014 -- Proteomics refers to a process of study of structure and function of proteome. Proteomics market is growing at a significant rate due to increasing R&D expenditure from pharmaceutical and biotech companies. In addition, government funding and technological advancements in the field are driving the global proteomics market. Protein purification refers to the process of isolation of one or more proteins from a complex structure. The purification process may involve various steps such as purification of protein content from a non-protein mixture and finally separation of desired protein from the protein mixture. Protein purification reagents refer to the chemical compositions that are used in the protein purification process. Protein purification reagents market is increasing at a significant rate due to increase in the R&D for proteomics and technological advancements in the field. In addition, proteomics are a major focus area for the diagnostics and pharmaceutical industry. Various application areas for protein purification reagents are protein-protein interaction studies, target identification, drug screening, protein therapeutics, biomarker discovery, disease monitoring and diagnostic tests.
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Affinity tags are most widely used protein purification reagents. This is due to the ability of affinity tags to extract high-purity proteins in a single step. Some of the most commonly used affinity tags are glutathione S-transferase (GST-tag), polyhistidine (His-tag) and streptavidin (strep-tag). North America, followed by Europe, dominates the global market for protein purification reagents due to increased R&D investment and broad technical applications of protein purification reagents in the region. Asia is expected to experience high growth rate in the next few years in global protein purification reagents market. China and India are expected to be the fastest growing protein purification reagents markets in Asian region. Some of the key driving forces for protein purification reagents market in emerging countries are increased R&D investments and rising government funding.
Some of the major factors that are driving the global protein purification reagents market are increasing adoption of automated protein purification instruments and increase in R&D involving protein purification techniques. In addition, growing awareness and innovation of new protein purification techniques are driving the global protein purification reagents market. However, high cost and time consumption issues are restraining the global protein purification reagents market. In addition, lack of skilled professionals is restraining the global protein purification reagents market.
Growing demographics and economies in the developing countries such as India and China are expected to offer good opportunities for protein purification reagents market. In addition, innovation of some new products with focus on better efficiency is expected to offer good opportunity for protein purification reagents market. Some of the latest trends that have been observed in protein purification reagents market include shifting focus from use of non-tagged protein purification reagents towards tagged purification reagents. In addition, it has been observed that companies dealing in protein purification reagents market are involved in new product launches. Some of the major companies having significant presence in global protein purification reagents market are Bio-Rad Laboratories, Inc., GE Healthcare Life Sciences, Thermo Fisher Scientific Inc and Clontech Laboratories, Inc. Some of the other companies dealing in protein purification reagents market are Merck Millipore, Abcam plc., ProTech Inc., Invitrogen, Enzymax LLC and Acceleron Pharma, Inc.
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