According to the latest report by IMARC Group, titled “Protein Detection & Quantification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” The global protein detection & quantification market size reached US$ 2.5 Billion in 2022. Looking forward, the market expected to reach US$ 4.4 Billion by 2028, exhibiting a growth rate (CAGR) of 9.2% during 2023-2028.
Protein detection and quantification represent methods that are generally used by scientific experts to determine the total protein content and its characteristics. It aids in developing a comparison between two distinctive protein samples, measuring enzyme kinetics, verifying the success of the lysis step, etc. In line with this, some of the commonly utilized protein detection and quantification techniques include enzyme-linked immunosorbent assay (ELISA), mass spectrometry, western blot analysis, nanoparticles, nanopore-based methods, etc. Consequently, they are extensively used across academic institutions, research organizations, biotechnology and pharmaceutical companies, etc., for clinical diagnosis and research studies.
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Global Protein Detection & Quantification Market Trends and Drivers:
The rising technological advancements in biotechnology are primarily augmenting the protein detection and quantification market. Furthermore, the widespread adoption of infrared spectroscopy and immunoassay techniques that help experts in attaining accurate results is positively influencing the global market. Apart from this, the elevating investments by private and public agencies to conduct extensive R&D activities in the field of proteomics are acting as significant growth-inducing factors. Moreover, the increasing prevalence of chronic diseases, including cancer, is propelling the need for diagnosing them at a molecular level to develop therapeutic treatments, which is also bolstering the market growth. Besides this, the expanding genomics sector, the growing number of research laboratories and clinical trials, and continuous improvements to upgrade the existing healthcare infrastructures are further catalyzing the global market. Additionally, the escalating demand for advanced instruments, along with the sudden outbreak of the COVID-19 pandemic across countries, is expected to fuel the protein detection and quantification market in the coming years.
Protein Detection & Quantification Market 2023-2028 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Agilent Technologies Inc.
- Bio-Rad Laboratories Inc.
- Danaher Corporation
- General Electric Company
- Inanovate Inc.
- Merck KgaA
- PerkinElmer Inc.
- RayBiotech Life Inc.
- Shimadzu Corporation
- Thermo Fisher Scientific Inc.
The report has segmented the market on the basis on region, product type, technology, application, end user.
Breakup by Product Type:
- Kits and Reagents/Consumables
- Instruments
- Services
Breakup by Technology:
- Colorimetric Assays
- Immunological Methods
- Chromatography
- Mass Spectrometry
- Spectroscopy Instruments
- Others
Breakup by Application:
- Drug Discovery and Development
- Clinical Diagnosis
- Others
Breakup by End User:
- Academic Research Institutes
- Biotechnology and Pharmaceutical Companies
- Contract Research Organization
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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