Protein Assays Market: Future Growth And Opportunities Revealed By Techsci Research

According to a report by TechSci Research titled "Global Protein Assays Market By Type (Dye Binding Assays, Test Strip-Based Assays, Copper-Ion-Based Assays, Others), By Product (Reagents, Kits, Instruments and Accessories), By Technology (Colorimetric Protein Assays, Fluorescence-Based Protein Assays, Absorbance-Based Protein Assays), By Application (Drug Discovery and Development, Disease Diagnosis, Others), By End User (Pharmaceutical and Biotechnology Companies, Clinical Laboratories, Hospitals, Academic Research Institutes, Others), By Region, Competition Forecast & Opportunities, 2026," the forecast period of 2022-2026 is expected to witness significant expansion in the global protein assays market. This growth can be attributed to increased pharmaceutical and biotechnology research and development, favorable government funding for proteomics research, and high investment in private and government-funded research and development programs. Rapid urbanization, population growth, and high disposable income among private investors are also expected to influence market growth until 2026.

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Furthermore, the rising standard of living among urban populations is a major driver for the increased demand for advanced diagnostic procedures and artificial intelligence products in the diagnosis of chronic diseases, thereby contributing to the growth of the global protein assays market. The rapid development of healthcare infrastructure and the population's inclination towards research and development in the healthcare sector are additional factors driving market growth.

Protein assays are essential life science research methods used for protein concentration estimation, protein purification, electrophoresis, cell biology, molecular biology, and other research applications. The three major types of protein assays are dye binding assays (such as the Bradford assay), test strip-based protein assays, and copper-ion-based assays. The Bradford protein assay is the most common and preferred method.

The global protein assays market is segmented by type, product, technology, application, end user, regional distribution, and competitive landscape. In terms of product, the market is further divided into reagents, kits, instruments, and accessories. Reagents are expected to hold the largest market share due to the increased number of ongoing research and clinical tests. Kits, which provide a complete set of reagents and assay test sets for protein assays, are also in high demand.

Based on technology, the market is further fragmented into colorimetric protein assays, fluorescence-based protein assays, and absorbance-based protein assays. Colorimetric protein assays involve dye-based reactions that produce a color change as a result of an enzyme or chemical interaction between reagents and the analyte. The Bradford reagent is commonly used for colorimetric protein assays and is anticipated to dominate the market during the forecast period.

In terms of application, the market is further bifurcated into drug discovery and development, disease diagnosis, and others. The drug discovery and development segment is expected to hold the largest market share due to increased research and development in proteomics for various chronic diseases such as cancer.

Major competitors in the market include Becton Dickinson and Company, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Novus Biologicals LLC, Merck KGaA, BioVision Inc., Cell Signaling Technology, Inc., Abcam PLC, PerkinElmer Inc., F. Hoffmann-La Roche Ltd., QIAGEN NV, Geno Technology Inc., Lonza Group AG, Bio-Techne Corporation, Illumina, Inc., among others. These companies actively participate in research and development, and their contributions to technological advancements and strategic partnerships drive market growth.

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“North America is the most promising region that is anticipated to hold the largest market share in the upcoming five years. The region has the best known medical healthcare and research industry as well as the best facilities available for the development of the drugs that are discovered for the chronic diseases. Europe is anticipated to have the significant share of the market owing to the availability of the government funds and new investments flooding in from the new market players,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based Global management consulting firm.

“Global Protein Assays Market By Type (Dye Binding Assays, Test Strip-Based Assays, Copper-Ion-Based Assays, Others) By Product (Reagents, Kits, Instruments and Accessories) By Technology (Colorimetric Protein Assays, Fluorescence-Based Protein Assays, Absorbance-Based Protein Assays) By Application (Drug Discovery and Development, Disease Diagnosis, Others) By End User (Pharmaceutical and Biotechnology Companies, Clinical Laboratories, Hospitals, Academic Research Institutes, Others) By Region, Competition Forecast & Opportunities, 2026”, has evaluated the future growth potential of global protein assays and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in global protein assays.

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About TechSci Research:

TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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