Protein Assay is an analytical technique used for measuring the
concentration of protein in a solution. Protein assays are one of the
most extensively used procedures in life science studies. Although a
wide range of protein assays are available in analytical science,
each type of assay is unique in its own way and has its own merits
and limitations, and hence a protein assay should be selected
considering their suitability for the application. The various
protein assay available in the market differ based on methodology,
specificity, sensitivity, quantity, and reproducibility. Valuation of
protein concentration is a very necessary step in protein
purification, molecular biology, cell biology, electrophoresis and
other research applications.
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The protein assay market is anticipated to witness strong growth
during the forecast period owing to growing pharmaceutical &
biotechnology R&D and increase emphasis on proteomics research.
The global protein assay market can be segmented based on type,
product, technology, application, end user, and region. On the basis
of type, the protein assays market can be segmented into dye binding
protein assays (Bradford), copper ions based protein assays (Lowry),
test strip based protein assay, and others. The dye binding protein
assay is color-based assay in which the binding of protein molecules
to the dye results in color shifts.
The change in color density is proportional to protein concentration.
On the basis of products the market can be segmented into reagents,
kits, and instruments. On the basis of technology, the market is
segmented into colorimetric protein assays, absorbance-based protein
assays, and fluorescence-based protein assays. Based on application,
the protein assays market is segmented into drug discovery &
development, protein purification, disease diagnosis, and others. On
the basis of end-users, the protein assay market can be segmented
into pharmaceutical industry, biotechnology companies, hospitals,
clinical laboratories, and academic research institutes.
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The protein assay market is also expected to generate high demand due
to the numerous applications it has in various stages of
pre-clinical, clinical trial and later stages of drug development.
Geographically, the protein assay market can be segmented into North
America, Europe, Asia Pacific, Middle East & Africa, and Latin
America. North America is projected to hold the largest share of the
global protein assay market due to presence of superior research and
development base, strong regional economics, and greater emphasis on
disease prevention and wellness by governments. The protein assay
market in Europe is expected to witness rapid growth driven by high
investment in various private and government funded research and
development programs in the region and increased spending on
pharmaceutical and biotechnology industry development.
The steep rise in the demand for better and cost-effective methods
for drug discovery and clinical trials, increased knowledge of
pharmacogenomics and pharmacokinetics of drugs is inclining the
clinicians towards protein assay market. Countries such as China,
Japan, and India in Asia Pacific are also poised to be promising
markets for protein assay market in the near future. Major factors
for the positive outlook are extensive development of health care
infrastructure and growing emphasis on research and development in
the health care sector. However, low research and development (R&D)
yields, high infrastructure cost, stringent regulatory framework, and
lack of trained resources are some of the restraints of the protein
assay market.
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Key players in the global Protein Assay Market include Thermo Fisher
Scientific, Bio-Rad Laboratories, Inc., Merck KGaA, Abcam plc,
General Electric Company, Cell Signaling Technology, Inc., and
PerkinElmer Inc.
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